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721  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: October 16, 2023, 07:25:12 PM

Wow is it a surprise that there are still people who doubt the quality of Real Madrid, despite the fact that Real Madrid are on fire at the moment. I don't know, on what basis you doubt Real Madrid because after all, Real Madrid are unbeaten in the two matches that have been played in this group phase. While about Braga, the truth is that Braga only got one win and one loss. Also, last season Scudetto winner Napoli was beaten by Real Madrid at the Stadio Diego Armando Maradona. So yeah, it's funny if you think Braga has the ability to beat Real Madrid or draw.

From the past to the present and in the future, Real Madrid will remain an absolute team that should be considered dangerous. Not because of the players or coaches because of Real Madrid's big name as the strongest team in the world. Moreover, Jude Bellingham has chosen the right club to play for Real Madrid this season, of course this will be a calculation for every opponent in the UCL.

That's why I'm a little surprised that someone doubts Real Madrid's ability against Braga, it's true that in football anything can happen, but if you look at the strength of the team, it seems a bit confusing if someone believes that Braga can beat Real Madrid.

I don't find that convincing  because of the name, not like 10 years ago when you hear names like red devils, the blues, gunners that use to scared other teams. They have built much more confident within their name and self and that's why you see minor club beats old teams in a league. Like for instance Inter made it out of the group stage but Barcelona that are know revival of Real Madrid didn't and they even won Laliga that same season, you see how non-linear football is sometimes.

I respect how great Bellingham is to Real Madrid recently, he has become a great asset in Spain but we don't know rival teams that they will meet in knockout stage, quarter final and semi finals. Not to forget that some players are bound to injury. Above all, I will love to see Bellingham win this season Champions League, it will bring a trend to search for more English player just the way Haaland change Manchester City winning mentality last season and now.
722  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: October 16, 2023, 07:05:20 PM
Some people may resort to gambling due to various reasons, such as seeking excitement, or coping with personal issues. Though I usually prefer to gamble for fun because of avoiding emotions

People bet for just one reason, the reason people go into gamble is because they want to make money. Of course people gamble for fun, even if you do it for fun, gambling is not something funny because your money is involved, and you could lose a very good amount of money because it is risky. I doubt if anyone would go into gamble for excitement or going into it just because your going through issues. It's for making profit, of course people do it for leisure but the major aim is for them to make profit at the end of the day.

You should actually believe him when he said he gambling for fun. As weird as it may sound, we have people that really do that because they have a means(work) that bring all the money they need, there are some gamblers that don't do anything, money comes from their parent business and inheritance and they gamble to catch all the fun they need. If they win, they celebrate and if they lose, they walk out, so there are people out there that gamble all days and night without there money and they are living fine, it doesn't affect them because money for other things are there.

I think the rational behind people about gambling and money is dependent of how expose people are to money. If you have less than what you need, that's when you see gambling as a place to make money. During the world cup, I see someone break TV screen because France lost to Argentina, not because he bet. The amount doesn't worth 1/4 of the amount of the TV and yet he broke the TV, he let's his emotions overcrowded him because he wanted to have fun but didn't went as he expected. That's how fun some players do with betting.
723  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 16, 2023, 06:51:57 PM
Arsenal really wants to win a lot at home to Chelsea this week, because Arsenal wants to beat Tottenham, who are currently at the top of the standings with points that are no different from Arsenal. But in the next match, both Arsenal and Tottenham will both face opponents whose strength is far below theirs, and Tottenham will also try to win more at home when they face Fulham, who is currently in 12th position in the standings with the same points as Chelsea.
It's not easy to beat Chelsea at Stamford Bridge. The reason is that Chelsea is in top form, they were able to win their last two matches at home with a convincing score. This is important capital and motivation for Chelsea to beat Arsenal this week. If Chelsea is able to beat Arsenal, the players' mentality will be formed (trust the process) I am sure Chelsea's winning trend will continue. This will be tough competition in the Premier League.
It's not just Arsenal who want to win, Chelsea is also definitely aiming for victory to catch up with them at the top of the standings. This week's London derby will be a super big match. It's worth the wait.

Do you mean Chelsea that is currently manage by Pochettino or there is another one you think that can hold any team hostage if they should play in Stanford bridge? What are form are you also insinuating? How do you define a team that is sitting below top 10? Is that how we rate teams now or you are just been sarcastic about Chelsea. There is not even a "If Chelsea do this and that to Arsenal" because the chance are low.

I will bet my last super on Arsenal with a straight win and at worst predictions, will give them win or draw for Arsenal. You can't look at Chelsea form and think they are going to win Arsenal, they have a slim chance of doing that, maybe I'm not seeing the confidence that you are seeing.

Casimero has not been at his best this season, so the Manchester United coach should be able to cope without him in a few games.
Currently Casemiro is one of the best defensive midfielders that Manchester United has, his presence in Manchester United's midfield has helped the team a lot in terms of defending and repelling opponent attacks. He also often assisted in attacks and scored several goals, he was still able to give his best performance even though his teammates often made blunders in several matches which resulted in Manchester United achieving bad results. The main problem with Manchester United's poor performance this season does not lie with a few players, it is the coach who is responsible for not being able to develop a strategy that makes the players feel comfortable when maintaining their respective positions.

Casemiro has been a good best man in defensive player since his days back in Real Madrid but I think he is trying so hard to keep Manchester United in good place at the expense of his career. He has booked 2 red card in just a year and he never had that kind of bad game in Real Madrid.
Is Manchester United problem really players or Erik and players are loosing it, the available players are been called out for immorality and Erik Ten Hag is beefing with the remain good guys he is supposed to leverage to win the Premier League. If they are going to need more players, Erik is going to need a replacement as well.
724  Economy / Gambling discussion / Re: Low cost but effective solutions to gambling addiction on: October 15, 2023, 11:44:42 PM
One of the solutions which is recommended by most gamblers on this forum for gambling addiction is "Therapy" . Professional help in the form of therapy. It is good and very effective but how many persons can actually afford it? There is a fee for each session that lasts for a duration of 60minutes. And there are more than one session. Therapy for gambling addiction is expensive. How can those who are unemployed afford it? How about the college student? Or the person receiving minimum wage. What are the other low cost but very effective solutions to gambling addiction. And typically how long will it take before the addict starts to feel more in control and less withdrawal symptoms?
Will totally appreciate your responses. Thanks.

What about  gamblers with gambling budget of $100 looking for jackpot they can use to turn around their life. I'm not sure how effective th therapist are to their patients but I will pas. Not like they are going to give money to remove gambling from the eye of the gambler. The majority of them play to make money, how how is therapist going to change mindset of a man that needs money badly.

Maybe gambler that is totally lost it will do, those kind of players need help because having someone completely lost is like trying to revive a mad person to sane person. It is hard job thing to do and I can recommend them for that if they really work and not for some ordinary gambler that is looking two double his last card just to secure food and what he want on the table.
725  Economy / Gambling discussion / Re: The Drake's Curse. on: October 15, 2023, 10:38:11 PM
To be honest I don't believe in Drake's bets very much. They don't explain it in the article but if the bet has been taken on Stake I don't think it's his own money. IMO I think it could be a promotional bet to be honest. Even rich people don't waste their money stupidly.
This is also my thinking, maybe this is just part of promotional campaign with Stake but if Drake really loss the money because of over confident bet, then its his fault and we all know betting can also be risky especially if you complicate your bet just to win more. Logan did a great job at first, unfortunately he didn’t win via knock out, well at least he still won and got lucky for staying alive.

We can't deny how he has also made some money back then on some UFC matches. It could be stake doing there thing or it could be real game but I think that Drake is big enough to bet this kind of amount. My only fear is that if he continues this way, he will definitely go broke in 2-3 years time.

What if that match was rigged not to favor Logan, because for him to publicly display that, it will cause lots of havoc and maybe more people wanting Drake to lose instead of winning that match.

Drake is very popular I must say, I nearly place a bet with his predictions before that match because I was like if drake can bet this type of money with so much confidence, what is stopping you from reciprocating what he did, I wanted to bet that game badly but something stopped me which I'm glad I did, this is the influence of public icon.

726  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: October 15, 2023, 05:00:26 PM
Chelsea still have a lot of adjustments to make when facing Arsenal at Stamford Bridge, because in general Arsenal are still much better than Chelsea this season so Chelsea don't have to be arrogant and take the match lightly even though it takes place at Chelsea's home ground. Arsenal is very determined to take over the top of the standings this season, especially since the number of points is starting to be the same as the current leader of the standings, so Arsenal will be much more enthusiastic about playing matches at Chelsea's home ground.
Chelsea have strong opponent team upcoming match against Arsenal, have impressive performance after winning last two matches in a row on Premier League have face Arsenal have top performed after beating Manchester City last match. Regarding with standings position, Arsenal have better performed than Chelsea but Chelsea have good start and playing in front of their fans will make more motivate make third winning in a row on Premier League.

Will it be that easy for Chelsea to beat a team that has not loss to any team that effortlessly? They didn't lose to 8 good teams they have met in tbe last 2 months, it's Chelsea that manage to win two minor relegated teams will crush Arsenal, no! I don't think they have the tenacity to bring Arsenal to loss, they don't have that agility to do that yet, meyne just after Arsenal they can do more winning streak bit they are going to succumb Arsenal.

We can say that the league is still early but we are skipping some things. For Chelsea to meat up with Arsenal current standing, they need 4 win in a row to do that and I don't think Arsenal are that daft to stay there if Chelsea can pull that kind of game. Arsenal is ahead of them in all ways.

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For Arsenal, have good chance return to the top position and make points close with Tottenham Hotspur exactly with Arsenal trend without defeated in Premier League, how possibility with Chelsea will continues third winning matches in a row or Arsenal keep still unbeaten for next match against Chelsea.

Depends on how fast De Bruyne and Rodri comes back, don't expect Manchester City to let's go of that standing easily. Last season, they did the same thing when Arsenal was ahead of everyone, I also had the same thought in mind that Arsenal are going to finish the first place but you know that each teams have weakness. The moment other teams knows your weak point, loss is imminent. I hope that doesn't repeat itself this time.
727  Economy / Gambling discussion / Re: Don’t push playing more on: October 15, 2023, 04:36:53 PM
Today I encountered again my biggest nemesis on gambling which is being stuck on my gambling progress. I’ve gambling for multiple days in a row with just having a breakeven on my total bankroll. This due to the game doesn’t gave me any long winning streak and only just more losses. The only thing that makes me keep up on the breakeven side is the increased on wager to recover my losses but my gambling result is literally 1 win to 3 or more losses ratio. This is how bad my overall game.

I'm interested at the bolded.
I used to think whenever I tried to used this kind of strategy to get my loss, there is this forces of gambling that is against me, I lose more the more I try to even on my deposits. Sometimes, I think blame myself for trying to recover losses because they don't work, the only time they work is when I least expect it that's when they actually work and I would be like, no way!  Shocked
Gambling is stressful too, there is a time to jump off the train when you see that it's about to enter a wrong lane, you will only bite more the remaining balance the more you try to win more.

I selected about 8 basketball matches 2 days ago, they were short all selected options where the lowest lower line any punter would think of, I reviewed the stake and the selected options and they were the least option I can select, 7 of 8 did exactly as I predicted but the last one ruined everything, never had hopes on it but I never expected it to end that badly. I lost the bet and I haven't try anything since that Friday, I wanted to make back the loss but I ignored the thought  and rest because it's help the brain relax. Will try again next time.
728  Economy / Gambling discussion / Re: Who among you here is gambling at work? on: October 15, 2023, 04:23:11 PM
I'd like to share my experience with you all. Even though I'm not currently employed, I went through a phase of gambling while I was working in the past, and the outcome wasn't positive. It affected my job performance because, as you may know, when you lose, you tend to dwell on your losses and constantly think about strategies to win. When we talk about work, it usually means we're not particularly wealthy, and imagine what happens when we gamble money we can't afford to lose, especially when we're not earning much.

Let me tell you, the feeling is far from pleasant. It leads to a decline in your work performance, which can have significant consequences since that's your primary source of income. It might be manageable if you're winning, but the harsh reality is often quite the opposite. Even when we do win, we tend to spend most of our winnings, so we don't treat it as business money. This leaves us in a precarious situation when we lose because the money we initially budgeted for our families gets diverted to cover unexpected gambling-related expenses.

I'd like to hear from those of you who have experienced this or are still dealing with it. Please share your testimonies.


I'm feeling nostalgic with your story, it is bringing back some memory of some hardship I ones had back in the days. It's not easy to be a man but again, we must do everything legitimately to survive. From my days of gambling, I have had an adaptation of gambling to be a place where you will lose more money than what you are going to win, this is nothing but the truth. The percentage of people that win more money than what the actually lose are less than 1 percent in gambling.

With this orientation in mind, I don't make mistake of placing more than what will bite me. My work is hard and time consuming on weekdays, so I don't joke with the pay but you know that all work no play will make one a dullard, I must hang out and of them is catching fun with sports and football and basketball will come into play and as a result, betting will ensue. I must bet but there is tiny I will use that will be nothing, that if compare with things, it will not be enough to get me a proper meal.

I know it's hard to take loss and process it when it doesn't favour you but you must accept it and move on but if you must make it quick and easy to forget, don't ever and ever play with the money you cannot afford to lose. It's not a must to gamble your money, if you don't have it quit gambling quietly and enjoy the rest of your life with other activities that will impact your life.
729  Other / Beginners & Help / Re: You data is not safe on centralized exchanges on: October 12, 2023, 08:41:42 PM
This is a serious matter, that's why its very important to get some of this guys to this forum so that they can learn and get updated just as this matter is discussed now.  Information as such quickly get verified by experienced people on the forum and that help investors to be cautious as they read through people's post and comment regarding the issue.

Another means to get rid of this scam strategy is for centralized exchanges to always keep their users aware of such actions and how to avoid it.

Even if they should come to the forum, before they get the right information, they would have lost all the things that they are assumed to be hidden have gotten to the wrong place. More than half of the population that know or use crypto today all used centralized exchanges because they learn from all the YouTubers and influencers that are always ready to give referral link to get bonuses. This are the wrong orientation new people that comes to the crypto get and the reason why hackers get more victims.

If new people that are joining crypto for the first time right refuse to use centralized exchanges, we can say that the future of crypto is in safe hands but the majority are here for the altcoins that can give that quick gain which are all situated on centralized exchanges, the data collection is not stopping anytime soon I guess.
730  Economy / Economics / Re: It doesn't increase purchasing power on: October 12, 2023, 08:14:58 PM
Basically in a perfect system and ideal situation, there is difference between demand and supply, inflation and deflation and purchasing power.

To increase the purchasing power of a currency, you must make sure inflation is reduced to nearly minimum and how do you do that, you make sure that the dollar in circulation is not in excess, the supply should be slightly lower than demand, that's how you make the economy better. On the other hand, what the central banks do is the opposite of what the economy says. They inject and pump the dollar into the economy, as a result increase inflation which later reduce the purchasing power of their currencies.

There are no such thing as perfect and ideal situation for any country's economy. Even if government managed to control all those internal factor on inflation, there is always some external factor to consider which could affect inflation. As a matter of fact, you can always consider inflation is some sort of government's tool to control the whole economic situation because they can always put more fiat into circulation then use up another tricks up their sleeve to reduce some of its circulation later on

Obviously this is going to tarnish their reputation on how they deal with inflation but considering how bad all these governments are, I dont think most of them are even worried with their reputation

When I said an ideal and perfect situation, you should know that I was referring to economic on paper, that is what I was trying to describe to OP, the theory to understand. If you are in a science class and you want to understand the behavior of a Gas, it's best study in an ideal situation because that's the best form you can understand it like when they neglect some properties like pressure, temperature and others.

If at all the theoretical aspect of economy does work, I don't think we will ever be in this mess, everything is going to move like how it was been written but again, life is not a perfect system because we are human that are bound to error and mistakes, there are some conditions that are just beyond us that can't be control even if you yield the power to change everything in a day, it will never be perfect.

Another thing is inflation is here to stay, when you give a solution to anything, in the process you create a problem and one that economist create when they define money system is inflation. As long the central banks(FED) print money out of nothing, inflation will always be there.
731  Economy / Economics / Re: It doesn't increase purchasing power on: October 12, 2023, 01:11:26 PM
Decreasing the volume of dollars or other fiat currencies does not increase purchasing power


Cryptocurrencies, especially memes, have a much larger supply than dollar and other fiat currencies, If a person's purchasing power is to increase, more and more dollars and other fiat currencies need to be printed, The gold supply theory and the petrodollar theory in printing dollars must be completely eliminated, Because economically, these ideas of making the society prosperous are baseless, Similarly, increasing productivity to lead to economic prosperity is also a baseless theory, Because you need capital to increase production, And to get capital you need loans, And you need more production to pay off the debt, While the population of the world and the needs of the people are not increasing in the proportion in which the production is increasing, Moreover, even if production is increased, people are not prosperous, people do not have money, In all this, banks are only in profit and people are in loss, Because we have completely ignored the fundamental theory of necessity, Which is in addition to gold and production and this is labor, While AI is going to end this too, dollars and fiat currencies should be completely independent, There should be no need to repay loans or pay interest, Banks should be fully at the disposal of governments to issue loans to the people without any hindrance, Along with this, there should be no need to pledge any capital to get the loan

Basically in a perfect system and ideal situation, there is difference between demand and supply, inflation and deflation and purchasing power.

To increase the purchasing power of a currency, you must make sure inflation is reduced to nearly minimum and how do you do that, you make sure that the dollar in circulation is not in excess, the supply should be slightly lower than demand, that's how you make the economy better. On the other hand, what the central banks do is the opposite of what the economy says. They inject and pump the dollar into the economy, as a result increase inflation which later reduce the purchasing power of their currencies.

Meme on the other hand are just different concept entirely, they make people believe that making a coin deflationary through burning in smart contract will reduce the supply and will increase the demand which will consequently increase the price but that's all lies and lies. It doesn't work, what more can expect from people that have 40% of the total circulation to a single entity, it will never work that way because it seems we are only deceiving each other every day with shitcoins concepts of pump and dumps.
732  Economy / Economics / Re: How do you manage your finances and family if your income is low range? on: October 12, 2023, 12:24:31 PM
There are many people around us, where their income is not enough to manage a family how do you manage your family and economy? There are many people who manage their family very well even though their income is very low in their personal life, how do you manage it?

I will also record some more advice in my diary....
Cheer,

Here is the thing.
Family is a group of people father, mother and children, in some cases extended families all leave together and this is first started by two people. Now, my problem is not about how they start the family but the question is, do you have what it takes to start a family? Why marry in the first place when yiu are not financially buoyant and capable, don't dare bring a child in this world to come and suffocate them with the hardship of this economy. If you must be ready to start a family, the two must be financially stable to start and if you must born, do it on the budget you have at hand, don't litter everywhere with offsprings and come and blame the government for your own choice, that been said.

However, on average about hardship we are all facing, it is indisputable to say that things are right, inflation is worst right now, they are about to announce the new CPI in some minutes as I'm writing this( in 6 minutes) but we even we complain all days, we can't wait for government solution, you are the solution and you need to fix the main thing.

The solution to this finances is to increase your income, double where your income comes from and if you must do extra job to live upto a good standard of living, that is what you must do.
733  Bitcoin / Bitcoin Discussion / Re: Hodling vs trading on: October 12, 2023, 11:33:08 AM
Hodling and trading has always been a debate in the Bitcoin crypto space.Are they different? Of course yes.Hodling is a term used to describe owning Bitcoin in a wallet especially for a long period of time.While trading on the other hand refers to the selling and buying of Bitcoin through an exchange.
 Both Hodling and trading have some similarities such as ;

Holding doesn't equate long term, I can hold a piece of bitcoin in my wallet because I want to use it for daily spending, like send from my wallet to another person when I purchase a product, I can keep the rest for spending the remaining days I want and not necessary for long term.

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1. The use of wallets to store Bitcoin.
2. For both trading or hodling to be possible you must own Bitcoin. Although trading requires a minimum amount of coins, hodling does not.
3. Both require you to understand how to secure your coins to avoid hacks or loss of funds.

Trading and holding has a minimum amount you can buy depending on the exchange, most likely allow you buy as low as $10 and above.
Trading in this case depends on where you are doing it, if you are doing it on centralized exchanges, it's not as complicated like when you are securing your own wallet where you have access to your private keys and seed phrase, and not advice able to hold your coins on any exchange.

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Nevertheless, despite these similarities hodling and trading are also distinct this is due to the fact that hodling is usually long termed ( hodling appreciates better during long term.) however trading returns come from short term fluctuations in the price of Bitcoin.Due to the uniqueness of Bitcoin,some  persons tend to choose hodling over trading due to some advantages such as;

1. Ease ; hodling Bitcoin saves you the stress of understanding marketing strategies and little price fluctuations As you only store the Bitcoin in your wallet without transacting.(successful trading requires constant research and experience)

2. Transaction Costs ; Hodling comes with a lower transaction cost which is from depositing the Bitcoin in your wallet. However trading incures cost due to frequent transactions especially when the network is congested.

3. Long-Term  Gains ;Over time Bitcoin  has shown promising potential in it's price.Hodling  helps you benefit from the long term potential of Which in most cases appreciates better than little price gains from trading.

4. Security; Hodling your Bitcoin gives you a better option of making use of offline wallets such as air gapped wallets or hardware wallets,As they deem more secure than online wallets
 
With all these being  said it is important to note that hodling shitcoin is not advisable due to their exponentially high volatility which may lead to severe loss if not properly managed.
Trading and hodling is always a choice as they indirectly serve as balance to the Bitcoin ecosystem.

Don't forget to keep your keys safe 😁

Your first point is valid but need a little salt, just because you hold bitcoin doesn't mean you should not do research, find out other things that are happening around the ecosystem at your free time, these are fundamentals things that contribute to the growth of bitcoin.

Tip 2 is wrong. Cost of transactions on bitcoin depends on your wallet address, the number of inputs and ouput and the how busy the network is in that particular time.

Timing is important in your third tip, what you call long term is subjective also. If you have bought bitcoin last year around January, you will be sitted on a unrealised loss and what is the assurance that it will go to that place next year or upper year, it could go there and then fall due to fear, doubt and uncertainty but buying now in a low market will definitely give you some goody profits by next or 2.
734  Bitcoin / Bitcoin Discussion / Re: What's the Future of Bitcoin without the Inventor? on: October 12, 2023, 10:46:30 AM
I have been having some critical thinking lately on what the future of Bitcoin and the Blockchain technology will be. What will be the fate of Bitcoin should in case the founders of this great digital currency and assets die. It is not a wish but it is a known fact that all humans will taste the sad and irreplaceable part of this life – death.

You are just a forum user like me, I don't know your color neither you know mine but we exist here through forum account system, that's the only way Satoshi has communicated with everyone here. He/she could be alive since he last seen here chilling and enjoying his holidays or he could be somewhere under 6 feet. However, no matter his status, bitcoin legacy will continue with our without him because if he as to be alive to day, even him can't take back control of bitcoin because it's fully decentralized, run by loyal communist and belong to the communist.

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Despite that the Bitcoin technology was designed in an open source software – a source code that everyone, including me and you, can inspect, modify and enhance. The effect of the founders could be felt if they are not available to in any way monitor the processes.

I don't have an in depth knowledge on how the open source software works, which has perhaps led me to more curiosity hence my question, yet I feel like Bitcoin still undergo some security guard and monitoring to safeguard it against the black-hats.

Can someone on this forum help me clarify (in simple terms) on some of the infrastructures or technologies put into the development of Bitcoin that can make it stand, forever?

If you don't understand how open source work, then there is no need to find out, the best you can do to keep his legacy is to buy and hold it, make some transactions to see how pair to pair the electronic digital currency of bitcoin, that's the only way you can feel the impact of the founder. You can also run your own node to improve bitcoin decentralization.

Another you need to know is that, if Satoshi wee to be alive today, he don't can't change anything except he suggested which must come through a proposal, that's why we have many BIP as Bitcoin improvement proposal, toy can write to bitcoin community where you think they can improve and once it's been reviewed and accepted, a day will be scheduled for the soft fork so that all the miners and the nodes will get the latest update on the bitcoin network, that's bitcoin works, no some random place you can wake up to.change anything.
735  Economy / Trading Discussion / Re: is there any safe ways out there to get 10-15 % ANY return rate ? on: October 11, 2023, 10:24:37 AM
is there any safe ways out there to get 10-15 % ANY return rate ?

as far as banks i noticed maximum 5 %

crypto exchanges upto 15 %   - but are they safe to put money there ? like nexo , kucoin ?

You don't need any of these minor percentages on your assets because inflation will consume all of it when the time comes. Your actual capital appreciation comes from the growth of the value of your assets, not some rate of return by giving or loaning your assets, which may not end well. When I see people giving away their assets to any platform for the sake of a simple return, I get paranoid. Better keep it in a safe wallet.

Forget about any platforms that offer annual or any rate of return because if you don't run, by the time they go bankrupt, you will be the one that will be running after them. I mean it is not too hard to buy BTC or any coin of your choice and hold them, most of these returns are just decoys to get liquidity and trap people not selling their assets by using time to hold them, it doesn't work and will not work because bitcoin doesn't have a bank. The banks used your deposited money for loans to companies, have you asked what this platform used your assets for, definitely to other companies which don't end well, you can do research on celsius bankruptcy.

736  Economy / Economics / Re: Bitcoin Is Better Than Digital Gold on: October 11, 2023, 10:00:36 AM
The connection between gold and bitcoin (BTC) as stores of value is obvious, and the demand for BTC as a digital store of value was a big reason why the cryptocurrency grew in popularity, crypto services provider Matrixport said in a report Monday.
Bitcoin’s market capitalization is $540 billion, equivalent to 10.8% of the market cap of physical financial gold, Matrixport said, adding that gold exchange-traded-funds (ETFs) are valued at $200 billion. Read

I don't know why I despise ETFs, but I think it's because they are anti-decentralization because why trade ETF funds when you can get a hold of the original asset? Returning to the topic at hand, Bitcoin and digital gold have nothing in common in terms of price, total circulation, blockchain and security, privacy, pseudonymity, and decentralisation; does gold have something similar? Is there something similar to Bitcoin in the digital goal? I don't think there is any comparison that makes gold any way better than bitcoin and that market cap is nothing.

If Bitcoin was to be accepted as a digital assets, signed pass by all the top countries, do you think gold total market cap is going to be more than Bitcoin. It took gold years and years to reach this value but I bet you that it will only take 5 years max for bitcoin to pass that price in a matter of time, that's how valuable bitcoin is to gold, hope you understand now.
737  Economy / Economics / Re: Agriculture vs oil on: October 11, 2023, 09:44:33 AM
Agriculture and oil are correlated because most agriculture right now uses machines like tractors to harvest their crops and even plant and prepare the land so they are using a lot of oil, so if the oil price increases the price also increases. As you can see right now because of the war in Russia and Ukraine the price of oil has increased which has also led to an increase in the price of all foods because after harvesting them they will need to be transported and it uses for oil. So both are needed for economic strength.

A tractor is too far distant, there is no area in the agricultural industry that does not require oil, both in post-farming and pre-farming operations. You need transportation to move anything in order to farm and sell, you need planters to help you sow the seeds, you need harvesters to harvest your crops, you need implements and machines to process these produce and products, and keep in mind that agriculture is more than just farming crops, vegetables, and plants; it also includes animal production and husbandry, which requires power to their house, the water system and grinders.

Whatever natural resources nature bestows upon you, if you optimise them and make them marketable and in demand, people will come for you; it is all about strategy, but because fossil oil is abundant, some governments have become too lazy to hunt for alternative sources of revenue for their country. Some countries lack both, they lack agriculture due to desert, infertile land, and dry land with no natural resources, but they are blessed with animals, they may have one of the most demanding animals in the world, which may be in abundance in their region, they can still earn a lot of money from it.
738  Bitcoin / Bitcoin Discussion / Re: My first Bitcoin on: October 11, 2023, 09:06:45 AM
I got my first Bitcoin just by joining signature campaigns as one of the perks of being a member on this Bitcointalk forum founded by the legendary Satoshi Nakamoto. I also purchased small fractions and even tried mining but unfortunately did not work due to the increasing difficulty and lack of profit in mining.

For me earning Bitcoin through signature campaigns was more convenient and simple. You just need to qualify to the campaign requirements and dedicate your time and effort creating constructive posts to get paid on a weekly basis. 

For now, since I have not met the minimum required merits earned for the last 120 days, I am still able to earn through altcoin bounties. But as soon as I got that required merit I will surely apply to Bitcoin paying campaigns.

I encountered and got fractions of Bitcoin before diving myself into Altcoins. This forum really helps me and my family a lot. I learn and earn at the same time which is a perfect combination for me.

How about you guys, did you earn your first Bitcoin through services here on this forum? Are you mining or you bought it as well? Which crypto came to you first, is it Bitcoin or Altcoins? What are your Bitcoin source at the moment if you don't mind me asking?

This making feel like déjà vu!

There was this time I ranked up to a full member and there was a vacancy on Blackjack signature(suspended), I applied and luckily I was the lucky champ that was picked, I did just a week with the campaign and after I was paid, they suspended it immediately(don't know why till date). We were paid for that month and the amount I received was $37 in BTC, I couldn't believe there was really a service that required your time on the forum that would pay you in BTC but it's worth it for those who are staying here all night and day to talk things about bitcoin and the rest.

I know some developers that do remote jobs and since they receive their first payment in BTC, they prefer to be paid in BTC all the time because of taxes. The taxes take almost if not more than 40% of what you earn before payment reach your destination bank but using BTC, the tax is small compare to using fiat through wire transfers and other payment methods. I know few who also do gigs of graphics designed and receive BTC payment and they prefer it than the usual fiat. BTC payment rocks. Wink

739  Bitcoin / Bitcoin Discussion / Re: I want to fulfill my mother's dream of building a house with Bitcoin. on: October 11, 2023, 08:46:59 AM
As ridiculous as it may sound, the truth is that I want to fulfill a dream of building a house with Bitcoin.
My parents took care of me from childhood and they taught me education and they are still trying to teach me education. Father is very old and it is not possible for him to work as he used to, so I myself feel that I should do something. At the moment, if I could somehow earn to help my family or pay for my education, then maybe the pressure on my father would be reduced a lot. I joined Bitcoin to fulfill my dream.

My mother has a dream to build a house, maybe in the future I will have to help her fulfill her dream because my father is spending the money he earns on my education and running the family so at the moment he cannot afford to build a house. I have already gained enough knowledge about trading by being involved with Bitcoin, firstly I want to start my Bitcoin journey through trading, after making some money from trading I plan to invest in Bitcoin for four years. These four years I will hold my investment and also save the money earned from trading or signature campaign for four years so that after four years I can start building the house. 

You must pray for me so that I can fulfill my mother's dream.

This is touching and emotional, but I want to say a few things, not to discourage you but to make you understand the bump ahead of you and the reality of trying to achieve anything through Bitcoin. I'm not sure how many bitcoin you can afford but in order to fulfil that dream of buying a house with bitcoin, you need to have more money to invest in bitcoin and I don't think there is any job you can do online that can give you such budget to be able to buy bitcoin in reasonable amounts, you really need to have money to make money from bitcoin.

Another thing I would like you to understand is that Bitcoin is not a place where you can make quick money, you can be lucky to make 4x of your investment as some people did in the last bull run but what is the assurance that it is going to happen again, I'm not saying it will not give you return neither am I saying you should keep your hopes high, you need to understand the two and brainstorm it. I hope you also have the mind to hold when the market is bumpy, holding bitcoin can be mentally challenging especially if you are new to it but trust me, there is light at the end of the tunnel, so stick around.

Don't forget to keep your wallet safe, don't keep your coins any centralized exchanges, they are not safe and not ethical thing to do as a holder od bitcoin
740  Economy / Gambling discussion / Re: Ever heard about financing a gambler? on: October 10, 2023, 12:15:34 PM
How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?

Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?

Have you heard of such before? What is the end result if you have?

Why would you trust anyone to gamble better than you can when it's all about luck?

Is anyone doing this on here?

Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?

This thread reminds me of one guy that pisses me off one time, and to date, he doesn't dare ask me for money anymore. So this guy was hungry and asked me if I had some food packed at home and I told him I didn't have any at home but because he told me he was famished and tired, I gave him 2,000 naira  which was equivalent to $4 then because the dollar was trading as low as 500 naira then, could you believe I later found out that he used the money to bet instead of buying food to eat. He told me on his own how he used the money and I told him I was pissed about how he used the money to bet because he even lost everything, and didn't win anything. Huh

I have come to a conclusion that when someone beg me for money and use the money to bet, they are just eager to make quick money and usually addicted, and the fun part of it is that they don't make anything from gambling. There was this guy that came to me sometime ago, said he was about to win some millions but a match made him lose his game, he think giving a try will give him the winnings, I socially decline him of the money, I dislike people who gamble to extreme to make money out of it; gambling isn't a do or die thing.
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