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6861  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: February 25, 2022, 06:33:52 PM
Factually, you are little bit incorrect on your description of El Salvador's implementation of bitcoin as legal tender.  They announced it in early June 2021, and a few days later when the legislation actually passed, the law set forth the actual implementation of Bitcoin as legal tender 90 days after the passage of the legislation, which ended up being September 7, 2021.
Thank you for the correction, honestly I never know there was an earlier decision or announcement in June 2021 prior to the officials declaration on September 7th, 2021 by the El Salvador President, I appreciate you for the enlightenment.
6862  Local / Nigeria (Naija) / Re: Nigeria (Naija) on: February 25, 2022, 10:28:13 AM
Biden na mumu man, why dis kind mata no come when Trump dey office make him just wake up one morning press button delete the whole Russia comot for map lol. Putin know who dey seat say nothing e fit do. Make we dey watch shall, already Putin dun warn everybody make dem comot body. On how you go do gra gra you go collect.

Without NATO's aid, America will be unable to attack Russia; they are a difficult country to compete with, and Putin has been building up his military strength since taking power in 1999. Biden did the only thing anyone in his position could have done, which was to sanctions Russia as a world power. If the United States invaded Russia, it would trigger World War III because Russia's allies, such as North Korea, China, and the Arab states, would not stand by and watch.

Officially America and NATO will not intervene, Ukraine has been left out America will only support you when you have something they would gain economically. Now dey don push Ukraine to fire to cause crises so they will sanction and size Russia assets.
Ukrainian president been cry for news this morning and him talk say Ukraine dey on it own dis time sake of say no body come to their aid and as the matter dey go so US no get level for dis matter, I never want take side for dis matter but me still believe say of an Trump be US presido this kind thing for no happen e for no reach this level US president Joe Biden body language to instigate the war more more, this matter dey look like say na case of we're two elephant 🐘 wan fight na dey grass go suffer.
6863  Economy / Gambling / Re: Livecasino.io -Welcome to a new crypto friendly casino!!! on: February 25, 2022, 10:09:24 AM


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6864  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: February 25, 2022, 08:32:50 AM
In September 2021 the El Salvador President announced the acceptance of bitcoin as a legal currency in the Latin American high dept profile country, El Salvador the move came with a lot of controversies from both the citizens and other global Alliance and institutions e.g the International monetary fund (IMF) which is one of El Salvador benefactors in terms of credits and loans. At that time the El Salvador debt repayment default was around $400 (CDS) but this amount almost tripled in January 2022 to $1,100.

which is as a result of none performance on balance of loan of $1 billion and lack of negotiation between the government of El Salvador and the (IMF) which relationship have gone overboard after El Salvador refusal to take the IMF advice against Bitcoin adoption.
With current El Salvador Bitcoin position/holding Bitcoin seem to be the only way out for El Salvador to reclaim it already worsening credit default swap (CDS).
What are your views on the worsening debt profile of El Salvador how will Bitcoin which is the major object of set back for IMF intervention in form of bailout fund the country y economic tools to overcome the country's long-term debt condition.
Below is five years dept chart of El Salvador



Source:
https://www.coindesk.com/markets/2022/01/20/the-3-reasons-behind-bitcon-holder-el-salvadors-deteriorating-creditworthyness/?outputType=amp








Sorry I have to quote this thread here as I started it not knowing there is a separate thread here discussing all that relate to El Salvador Bitcoin adoption and it development, I have locked the thread now and have to quote it here for further discussion on the progress and the challenges of El Salvador 🇸🇻 as a Bitcoin country.
6865  Economy / Gambling discussion / Re: Premier League Prediction Thread 2021/2022 on: February 24, 2022, 04:50:57 PM
I was at the game last night, I left on 86 minutes to try & beat the mad traffic around the stadium after the game. It was 4-0 when I left, I checked my phone when I got to the car & saw 6-0 Grin
I missed two goals man, that’ll teach me.

Klopp’s mighty reds are coming for Man City though. Be afraid Pep!
Grin I guess you missed the most exciting part of the game, in the game of soccer never blow the final whistle until the referee does so, Liverpool scoring  extra 2 goal within some minutes that was actually epic I most say and coming second behind with just 2 points on the table.  man city topping the table despite the red card gives the club fans some hope ahead of the upcoming games,
6866  Economy / Speculation / Re: Bitcoin price support above 30000? on: February 24, 2022, 04:11:48 PM
I wouldn't be surprised if it reaches 25K because that can be the lowest low if this is actually the bearish trend and we are not actually far away from this happening because lot of things aren't good now the war mode between countries almost crashed every investments sector.
Exactly the point lots of commodities in the global stock market are on downtrend movement only crude oil is having a green chart at this moment and that increase in the price of crude may have also been triggered by low supply due to the crisis rocking Russian and Ukraine.
for your information mate i've been learning the graph of bitcoin since the downtrend. And before month of January ends bitcoin is gradually recovering because it's already respecting some key levels which is the demand zone, and all things is a positive sign because of the structure of the candles and etc..

But suddenly when that news from Russia and Ukraine emerged bitcoin suddenly changed direction this month of February wherein the price show a declined and tends to restest on the demand zone.

So it's impossible that they are not the one who can influence bitcoin right now, because to be honest panic selling and decline happens only when there's a negative news..so in my personal opinion i don't Ihink that there's another reason for this situation.
We are on the same page on this a lot of bad news have been responsible for the sudden crash of the Bitcoin market and the point I was trying to make is that today's invasion of Ukraine by Russia is just a part of the many bad news but not entirely responsible, we have seen a similar crash in bitcoin price in the past such as in 2018 when China declared cryptocurrency ban and some other bad direct attacks news on Bitcoin that are responsible for such crashed in Bitcoin price. We may see Bitcoin recovery in price even if the Russian 🇷🇺  vs Ukraine 🇺🇦  attacks continues in the coming weeks bitcoin does not rely on a single trend to maintain and determine its market value.
6867  Economy / Speculation / Re: Bitcoin price support above 30000? on: February 24, 2022, 02:10:53 PM
Bitcoin resistance recently since few hours ago has been $35000, the recent price downturn has been because of Vladimir Putin declaration of Ukraine invasion. Some bitcoiners panicked and sold their coins leading to the sharp price
I don't agree with this very part of the statement, as the sharp drop in Bitcoin price is not as a result of Russian Ukraine unrest, Bitcoin market have shown a lot of possibility of downtrend market since the beginning of February 2022 as the pattern in the market drop have been on a drastic levels always melting down almost $2k to 3k drop within a short period this can be refer to say as crash in price Bitcoin is a highly volatile commodity and it price a hardly affected by a section of events that doesn't have direct implication on it services.
Bitcoin is not controlled by any country but remain decentralized, I am thinking the price just falled because of panithe c and there can be a want section. What I am that is that even if there is no war, bitcoin price just want to fall. Taking look from the history, bitcoin price is more likely to fall this time.
This is the part that got my interest, Bitcoin as a decentralized asset on the global stock market is not controlled by any outside power so the price of Bitcoin can move in any direction and at any time, if you follow the global stock market today a lot of commodities price are on a downtrend and even the Russian stock is going down likewise other stocks so the general stock market is on a blood bath mood not only Bitcoin, I am very sure Bitcoin will not fall below $30,000 before it will recover back to 40,000 or even above,
The global stock market as a financial chain that incorporates a lot of other components that are performing at a different level and Bitcoin as a decentralized asset within the many other is suffering from the same faith as others who are experiencing a bad trading day except for crude oil who's the price in on it highest price of $100/per barrel the highest.
6868  Local / Nigeria (Naija) / Re: Nigeria (Naija) on: February 24, 2022, 07:00:08 AM
NEW TOPIC: How ASUU strike is killing campus businesses.

This matta na to bring this ASUU discussion come table fully, no be lie say na businesses wey get their daily bread form campus dey surface pass after the students for this strike something. I understand some of us here na student and nothing pain past to dey to dey for school when you supposed dun pass out and face real life. This ASUU matta dun too dey resurface every now and then. if you been dey incharge, how u go Carey resolve this mata or which advise you feel go go a long way to prevent this strike if a thing or eliminate am totally wey be say we no go dey here ASUU strike and eat again.

Another mata I wan ask na how far fuel for your area, wetin be d price you dey buy. Small small this country dun dey finish. Country wey dey expert petrol dey get fuel scarcity. Wetin dey stop us form refining our own petrol to get all the product e dey offer including fuel. How the country wan take go forward abeg?.
Boss no be lie say ASUU collect almost two years plus for my hand when I be undergraduate and the tin na one of the most depressing mata 4 students most especially dey 1 were no get any tin to fall back to when skul go strike. The koko be say make government deregulate education 4 9ja in the sense say make universities dey spent the moni were them dey generate to pay staffs I know say that one too go lead to hyke in tuition fees them but if the skull fit manage him own resources rather say them go send give government the skull go know how to manage them self properly.
Make I tell you one tin, ASUU no be better body for University oooo them dey kill education system all say them dey fight for their members were I know na my school then when the school comot from ASUU na then the school get level now students dey comot every 3+ years asap
NEW TOPIC: How ASUU strike is killing campus businesses.
This matta na to bring this ASUU discussion come table fully, no be lie say na businesses wey get their daily bread form campus dey surface pass after the students for this strike something.
Me no see any full time biznes  4 campus environment oooo becus dey environment no dey stable most especially 4 place like 9ja were if you no go on strike school go just take one excuse chase you comot from campus, me na born hustler I be that year I dey do barbing saloon to take support my self but my brother las las na me dey support the buzines I come see say the matter don cast I naso I take sell all my things b4 I go run into debts, imagine were u go lock shop for six month sake of say ASUU/NASU Strike or one illegal break. Skull environment no good for business at all e no make sense.
Another mata I wan ask na how far fuel for your area, wetin be d price you dey buy. Small small this country dun dey finish. Country wey dey expert petrol dey get fuel scarcity. Wetin dey stop us form refining our own petrol to get all the product e dey offer including fuel. How the country wan take go forward abeg?.
Baba some people dey sell black market 4 #500 or even #1000 for liter for some place for my town here, but me I go NNPC filling station around 4a.m yesterday and after I spend about one hours for Que I come get fuel I buy amm the same price 162 but the mata no easy oooooo.
1 tin I go correct u be say 9ja no dey export fuel PMs but na crude oil we dey export so we still dey buy pms from other country since say our 4 refineries no dey work but them still dey get budget for every year 9ja don cast finish.
Thank you na my own contributions this.
6869  Economy / Gambling / Re: Blackjack.fun | 0.28% House edge | Live tables | Baccarat |Slots| InstantWithraw on: February 23, 2022, 09:16:19 PM
Hello Guy´s




What are we up to?

 
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In House Texas Holdem.
Proper Player versus Player game. In house Texas Holdem is at the moment offiline while we improve it. But soon we will re-launch it. With big Texas Holdem Tournaments and Freerolls.

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Thank you for this suggestion! We understand the importance of this game. Somehow will make it to reality at some point.

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Thank you for the suggestion! Added to task list.

Sportsbook
Ok! Added to tasklist.

VIP

Read all the comments and suggestion about VIP Experience and these are on the way. Will leave some things for surprise also. We will come up with something what VeryImortanPerson havent seen before and will take care of the little guy also.




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6870  Bitcoin / Bitcoin Discussion / Re: MEXICAN SENATOR PLANS TO INTRODUCE BILL TO MAKE BITCOIN LEGAL TENDER on: February 23, 2022, 08:37:33 PM
In as much as this is an exciting development the bill will need to get the attention and support of other Senators to scale through the legislative process to becoming law and this bill will also be subject to the recommendation of the Mexico central financial institution which is the central bank governor. Bitcoin have gained the recognition of many other countries since its public adoption by El Salvador 🇸🇻. Let remain optimistic that the bill will gain the favor of the Mexico 🇲🇽 authority for speedy passage and implementation.
6871  Economy / Gambling / Re: ▄■▀■▄ 🌟BITVEST.io🌟 💰WIN BY 🔶PLAY 📈INVEST➡🔺🎲🎰🔲 | BET CONTEST ▄■▀■▄ on: February 23, 2022, 05:56:52 PM
Surprising as it may sound Lightlord is an active legendary member of this forum and come online almost on daily basis but hardly reply to comments, I am waiting to see an announcement from him as it regards the general well being of both the casino as it customers from light lord and possibly introduced other team members to the forum that will be working with him in the operation of his both casinos BIDVEST is already a known name in the gambling section of this forum and am sure Light Lord will not want to let the good name slip away just like that.
6872  Economy / Gambling / Re: 🏆 Betnomi.com - Crypto Centric 🏀Sportsbook and 🎲Casino - 🔥Biggest Jackpots on: February 23, 2022, 05:48:08 PM
I would love to play with you on the grand finale again so yeah 4 games is good enough to get some points. I might be abit wider on the next game considering that I probably guaranteed ( almost ) for the grand finale already  Tongue
Don't flatter yourself too much... or have you forgotten how much the Sunday games are different from the final?  Cheesy

Although I have only 6 points, I will continue to use a chaotic style of play for the next four weeks, but in the final I will play at full strength as I played before.
Please where can I find time and date schedule of the betnomi tournament, I know the tournament holds every Sunday but time and rounds of the tournament I don't have information on them. I will appreciate it if you can point me to where to see the table of the tournament schedule.
6873  Local / Nigeria (Naija) / Re: Nigeria (Naija) on: February 23, 2022, 04:55:33 PM
Una welcome new people them, .na gud tin say una locate this place but the look as others been don talk na to focus and to dey learn every day did place be like school person dey change class but waiten go carry go dey next class an knowledge so I go advise make we dey all learn to obey the rule so we no go get problem. As e be made we dey work nd pray e to be God we're dey help person.
6874  Economy / Trading Discussion / Re: 29 Year Old Legend In Crypto Trading on: February 23, 2022, 04:45:27 PM

Taking advantage of every bitcoin price difference in each country makes Sam have many advantages. Sam is also a young boy who is very smart and able to manage all of that well until he founded the FTX Exchange company. Sam is also a very generous person because all the profits he gets are donated to people in need and that is extraordinary. He lives a simple life and does not think about the modern lifestyle that is full of money. he even wanted to donate an even bigger amount.
Most of the smartest people in the world are generous and easily give out a huge portion of their wealth to charity, but Sam's case to some extent bring extra excitement as all the profits come from cryptocurrency trading and he is also willing to share idea and tips that aid his profits in trading. FTX is one of the many products of Sam that built the brand from scratch to where it is today.
6875  Bitcoin / Bitcoin Discussion / Re: El Salvador has become the first country to make #Bitcoin legal tender! 🇸🇻 on: February 22, 2022, 08:18:38 PM
Aside from the many benefits of Bitcoin, El Salvador just announced a 30% increase in revenue from tourism after Bitcoin adoption and this will untimely lead to an increase in the country's general GDP in the long run, while other countries are trying to get a grip on what is happening in the cryptocurrency industry El Salvador is already counting it benefits all to the many advantages of Bitcoin adoption.
Source: https://cointelegraph.com/news/tourism-in-el-salvador-up-30-since-bitcoin-adoption-minister-says
6876  Alternate cryptocurrencies / Altcoin Discussion / Re: The possibility of cryptocurrency regulation in the metaverse on: February 21, 2022, 03:18:36 PM
The metaverse is the new cryptocurrency environment and this time the virtual world is gradually taking over the physical world and activities, most business and new development in various sectors have moved their business to the metaverse and the truth is regulators are beginning to see the possibility and crypto regulations in the metaverse which is one thing most crypto enthusiasts are worried about the total privacy of the metaverse and privacy will look like in the new era.
Everything will be regulated at different levels. Governments won't allow us to have total freedom from regulation.

Firstly, Metaverse must survive. Metaverse projects must survive in bull then bear market.
Secondly, they will have to survive through stricter regulations by governments from local to global scales.
Lastly, we will see Metaverse changes the world.
Yeah I know at some point everything will get regulated beside the decentralized coins, which may be hard to control due to their decentralized nature, I guess cryptocurrency regulation will start from its services such as the exchange, pos, and the rest of the outlets providing cryptocurrency services to the population.
6877  Economy / Gambling / Re: BK8 - Biggest and Most Trusted Brand. Asia's #1 Crypto online casino BTC & USDT on: February 21, 2022, 12:01:11 PM


I would also join your opinion.  All these programs with VIP clients do not put players on equal terms of the game, although, of course, more psychologically than in the process of the game itself.  
-snip

I agree with you, when viewed from the status and features available for VIP members, it is not so different from normal players. However, if we look at some of the features that will probably be necessary for players with large amounts of money to play. We can see terms of minimum deposit, in case, they deposit that amount but have no additional benefits, maybe they will not be interested in depositing a large amount either.

Well, players like us still waiting another good promotions,  so company get more loyalty from their players not just from VIPs Cheesy

Well what happens is that the beneficiaries of a VIP membership will always have more benefits than players like us, that is like a privilege that some casino houses give to those who put more money, and obviously it is normal that they have additional benefits, However, I see that for normal players like us, many things can also be achieved, obviously privileges are very difficult, but if there are more resources that we can access, where VIP benefits have the most influence is when it comes to prizes, benefits of that style in Generally, not only here but in the casinos that have the VIP membership.


If you know how to maximize everything inside the house, VIP as how we describe it got some more perks than the regular gamblers they got it because they are expending a decent amount of money, either they are winning or losing but the bulk amount of wagering that they are bringing to the business is really big.

House are just doing their job to make sure VIPs will continue to play, but they are also taking good care of regular gamblers, just like you said.

You are right, and this is a very important point, to be a VIP you have to first go through being a regular player, in all casinos it is always difficult to reach a VIP level, in any case, it is natural that all VIPs have returns and privileges but I know there are a lot more regular players than normal and I think that's where the best business model is, because if you manage to attract those players, they have a lot of friends who will comment and that will increase the traffic, so that those who do not become VIPs will make the casino win with traffic, which is also a very important point.

You are all very right in your views on VIP member status on gambling sites, Becoming a VIP member comes with it own responsibility and has to do with time and being active on the casinos as to have wagered a big amount and on several occasion, and vip members enjoy some bonuses on the casino as they odds may differs from that of an ordinary member playing the same game with same wager amount. Alot of user are always excited when they hear gambling sites bringing VIP membership into it platform, but also be ready to take 100% responsibility to attain that vip rank it does not come easy.
6878  Economy / Gambling / Re: Duelbits.com | Casino & Sportsbook | Instant BTC,ETH & LTC withdraws | VIP | on: February 21, 2022, 08:44:28 AM
a point. Its a good suggestion to lower the minimum bet. $0.1 might be small already for average gamblers but its not a pain to have an option if we want to bet lower than that right? In the end we can adjust our bet to how much we prefer. Well, I like playing Dice but its been a while since I last played it.

Well this is what it means  this won't change anything those who want to start betting with $0.1 can still do it, it's just that we have more betting options free to choose
I've personally sent this suggestion by email then just waiting for the team's response it doesn't matter whether the suggestion is accepted or not, the important thing is that we tried and as long as it's still positive.
I trust the team will respond to this feedback with immediate actions to see if the minimum bet amount can be lower below the $0.1 minimum as that will allow the system to accommodate more users who may not be fine with the $0.1 and will want to set bet amount themselves. Most especially those who want to place multiple bets at a go.
6879  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Ethereum on: February 20, 2022, 10:26:14 PM
Both Bitcoin and ethereum are decentralized but Bitcoin is more anonymous than ethereum because Bitcoin Creator Satoshi is unknown which make Bitcoin network hard to be an influence but the owner of the ethereum is known and have frequently tempered with ethereum network code either inform of forking or network scalability process which in most cases leads to more vulnerability in the Ethereum network.
6880  Economy / Gambling / Re: 🏆 Betnomi.com - Crypto Centric 🏀Sportsbook and 🎲Casino - 🔥Biggest Jackpots on: February 20, 2022, 10:03:57 PM
Who are the winners of today tournament I got the information late and I was unaware of this tournament am just seeing it here now but I will prepare for next weekend poker tournament any way congratulations to those who made it into the tournament and most importantly the winners who are going away with the prices.
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