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781  Economy / Gambling discussion / Re: Is this a good advice? on: November 20, 2023, 01:44:19 PM
I keep seeing gamblers advising themselves that you are one step closer to winning the jackpot when you quit too early,  it's sad that they strongly believe this.

Is this true?
I have heard gamblers make such statements but I believe that it is just a motivation not to quit gambling because your lucky day might be close. There are cases where gamblers quit gambling out of frustration due to constant losses. This saying is like an encouragement to keep gaming because quiting early is not an option.

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This advice is actually making gamblers believe that they can win when they spend a lot of more time in the casino, they strongly believe that not stopping or taking break will bring them closer to their jackpot.
Maybe this advice was misinterpreted because spending more time or money on casinos doesn't guarantee winning. Taking a break helps to improve concentration and also gives bettors the privilege to evaluate their gambling activity or experience.

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One of em told me that this is why I don't win, that I only gamble when I feel like, he said constantly gambling is a must if you want to win, but I disagree, because I have seen too many people not knowing when to quit until it was too late.
Everybody is entitled to his own opinion. This might be his own experience but this is not the correct position. Constant gambling might also lead to ceaseless losses. Gambling might not be favourable every time so there is always a need to follow a budget.

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To me, gambling is a theater, a form of entertainment that I pay for, not a way to get rich quick, for them it's a must to win by force, one question seem to change his mood though.

I asked him why he isn't rich yet if he is actively gambling every time for all this while, this changed his mood and I took a turn.
Your gambling view is correct. It shouldn't be seen as a source of income because it is unpredictable. It is possible to be rich gambling but we shouldn't rely on it to get rich because big wins come once in a while. I liked the question you asked him, at least it showed that his beliefs are invalid assumptions.
782  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: November 20, 2023, 05:56:38 AM
If you look at the odds, it might be true that Juventus will be much more favored to win this match than Inter Milan because they will be motivated enough to beat Inter Mila to be able to top the standings. However, that doesn't mean that Inter Milan doesn't have the same chance of winning the match because compared to Juventus, Inter Milan has so far been much more consistent in Serie A. If you look at the head to head results, they are still quite balanced in the previous five matches, but this season there is a slight difference where Inter Milan is trying to be the best in Serie A with the results they have achieved.
Both teams have an equal chance to win this game based on their present performance. Inter Milan is just two points away from Juventus and it seems that they also have two of the best coaches in the Italian Serie A. Massimiliano Allegri has been an extraordinary coach who has stood with Juventus all through the club's trial period and with his tactical acumen, he has continued to make the Bianconeri a force in the league. Juventus has a more determined team that will put up a strong fight in this game.

But Simone Inzaghi's is not also an easy nut to crack. Although key players like Benjamin Pavard and Alessandro Bastoni are injured, the Nerazzurri will want to please their fans in the Allianz Stadium. To replace the injured players coach Inzaghi might deploy Matteo Darmian and Francesco Acerbi who are also good players. Inter have scored the highest goals and as equally conceived the least goals, so he will be watching a complete team against one of the best in the league.

I am not too optimistic about this change of coach. Napoli has never been this top team that can perform like for several years like they did last season. Lots of teams have years when they play extraordinary football and seem to be unstoppable. But those that don't do that on a consistent level often experience a decline in their performance in the season after and this is what I thought would also happen with Napoli after this insane first half last season. It was never possible for them to top that and getting close to it. Everything worked smoothly for them, every result was perfect and every game that could have ended with a draw eventually ended with a win for them. Now they are taking actions while I believe that the also failed to properly classify what they have achieved last season.
Walter Mazzarri has not been a successful coach after he left a Napoli where he won Italian Cup in 2012 and help the club to finish second in the league. He failed in Inter, Watford, Torino and Cagliari and have not had a top coaching club for the past ten years. I see his appointment as a gamble maybe he was appointment because of his close relationship with Aurelio De Laurentiis. His appointment might also because of his low wage bill since the club will still have to be paying the sacked coach until 2024. We just have to wait and see how he would change the fortune of the club.
783  Economy / Gambling discussion / Re: What do you bet on when your league is in break? on: November 20, 2023, 05:06:22 AM
It seems that almost the average gambler is looking for other alternative games to get entertainment. like you who return to slot games, some gamblers may not like games like that. but I prefer to bet on other parts of the league I follow on a break.
Even though I don't understand the competing teams, I just bet randomly by luck. of course, it's not a big bet. Betting on UFC matches is also interesting for me. Apart from football betting, I also bet on UFC matches.
Once you get used to the time you usually use for gambling it is difficult to replace it with other activities. I tried to take a break from gambling when my favourite spots league ended but it was very difficult. I tried replacing it with video games but  I couldn't get that satisfaction I get when I gamble. Some people might call it addiction but I don't think so because I still gamble within my budget but I just see it as my lifestyle routine. Since I have little knowledge of any other sports, immediately after my preferred game season ends, casino games will be my best option. Casino games are also exciting because they come in different forms and varieties and they can be played at any time and season. But loyalty to sports clubs always makes sports bets a combination of passion and profit-seeking.
784  Economy / Economics / Re: #HODLing is not a smooth journey on: November 20, 2023, 04:25:17 AM
#HODLing is not a smooth journey, do you agree? Grin
Totally agree, it is mostly easier said than done for most investors. I personally can recall the different juicy opportunities I have missed to really make it big in this space as a result of a lack of patience to HODL. Especially those early days in crypto when you barely understand the market and easily get freaked out with every FUD and market dip.
Experience is the best teacher they say and I believe the majority of us are more experienced and mature over the years of being in crypto.

What is your view on #Hodling Guys?

source

We came into the crypto space with so much expectations. Some of us were not given the right information so we thought investing in crypto would make us rich overnight. After sometime it became clear that the sector is not a get-rich-quick scheme and like other solid forms of investment it has risks and requires patience and bravery. The journey of hodling in getting to the level of making a profit is not easy because the media is filled with news that spreads FUD. And lack of understanding of the market will make you miss uncommon opportunities to make a profit because may sell your hodling below target due to FUD.

But as one begins to understand the market, hodling becomes more easier because you have understood the basics of investment. We have to invest what we can live without and having a good emergency fund is an important advice every investor should know. Investing what you can afford to live without will make you to be patient while having emergency funds will be of help when you are faced with unpredictable problems without tampering with your investment.
785  Bitcoin / Bitcoin Discussion / Re: Javier Milei just won the presidentiial election in Argentina on: November 20, 2023, 03:51:03 AM
Political pundits said Javier Milei is the Argentine version of Donald Trump and he has come up with various radical policies which include the dollarization of the country, cutting government spending through the reduction of ministries from 18 to 8 and he usually speaks well about Bitcoin. Argentina has an economy that is battered by inflation and other challenges which means that Javier Milei has a lot of work to do to bring back the nation to its past glory.

His positive stance on Bitcoin is a good omen for the community because it will lead to more awareness and adoption. Argentina is the third biggest economy in Latin America which means more publicity and more business opportunities for Bitcoin businesses. But politicians cannot be trusted because they always fail to fulfill campaign promises.  In most cases, these campaign promises are to gain public support and nothing more. Time will tell if he has good intentions for Bitcoin or if he just used to coin to gain support from young voters.
786  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 19, 2023, 02:30:11 PM
Onana is over rated because he has better passing skills than De Gea but in general, combining all skills of a goalkeeper, I think he is not a better goalkeeper than De Gea. Hopefully Ten Hag will not have to pay an expensive cost by his coach position because of his belief in Onana.
I keep hearing that Onana is good with his feet and that he can pass the ball, but TBH i don't see that when i watch Manchester United's games, he is average in his usage of his feet and his passing accuracy, he is nothing close to the likes of Ederson of City and Allison of Liverpool when it comes to passing accuracy.
It is also worth noting that Onana has lost some amount of confidence since he joined Manchester United. And this has affected everything about his performance. If we take a look at his performance in Inter Milan, I don't think we would doubt that the Cameroonian international is very good with his feet. As the Manchester United squad keeps improving we might also see Onana giving that his masterclass passes..

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That being said, Onana is not a great goalkeeper IMO, average at best, and i think United made a mistake letting De Gea go, the Spanish keeper is better than Onana, De Gea makes unbelievable saves, even though he makes quite a few mistakes too, as for Onana, he doesn't make great saves, but still makes mistakes leading to goals; i'll take De Gea anyday.
Manchester United is going through a lot of problems and we cannot say that its players are having a good time. When a team is not doing well, it is the goalkeeper that most times bears the negative effect. Onana is still young and needs more time to gain experience and exposure. De Gea is 33 and has played more games than the 27-year-old Onana. I still have confidence that Onana will soon get used to the EPL and United will know that his signing is not a blunder.
787  Economy / Economics / Re: When Was the Last Time you Came Across a Positive Economic News? on: November 19, 2023, 02:10:14 PM
I find myself pretty bothered by everything going on in the world. Have you ever noticed how it's so hard to come across positive news about the economy, whether it's in our own country or globally? It's genuinely disheartening. Every time we read, watch, or discuss something related to the economy, it's all about inflation, recession, debt, bankruptcy, companies downsizing, laying off hundreds of workers, shareholders firing CEOs, and the company's stock taking a nosedive. Can't we just catch a break and have some good economic news for once?
Negative news gets more attention than good news. Newspapers like using it for headlines to attract more people to the news outlets. But you don't have to bother with this news because you might become paranoid or even depressed. Economic news is my best section because it helps me to plan how to use my finances and could also serve as a platform for business ideas. It matters less to me if a company sacks its CEO, I don't care if Sam Altman was sacked by OpenAI because he is rich and will son get a new job.

I think it is more fearful to visit the political section of world news than economic news. The news of wars, natural disasters, and coups matters more to me than that of business issues. It is now popular to see pictures of death, destruction, and suffering in news headlines globally.
788  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin really too Expensive? Then Buy Satoshis on: November 19, 2023, 08:08:22 AM
Start investing in satoshi today, if you are too poor, buy and hold atleast, 2,000,000 satoshis worth $732 today, and be very patient.
People spend money on things like cigarettes, junk, and other unnecessary expenses. Such funds can be channeled to buying satoshis as OP has stated. But we shouldn't expect these purchases to bring high profit within a short period. It should just be seen as a means of saving money because the profit will not be as big as someone who used a lump sum with more funds.

Don’t get me wrong but this is certainly a huge wish which might be almost impossible in the near future. One satoshi equaling a dollar means that one bitcoin will be $100,000,000 which is such a higher number that even if the mining stops and bitcoin becomes scarce will be rare to have it at that price.
We cannot predict the future so we cannot say it is impossible. Maybe this could be a good way of saving money for your children. Even if the price doesn't get to the price in our lifetime, our children might be lucky to enjoy the benefits in the future.
789  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2023/24 on: November 19, 2023, 07:29:49 AM
The news of Vinicius Jnr's injury is a big blow to Real Madrid considering the importance of the Brazilian to the Real Madrid squad. From the reports so far, it's reported that's he's expected to be sidelined till the end of the year which means that the club manager will be using Joselu as his current replacement using the club's current formation.
If Real Madrid must contend for a serious title this season, they must sign few more forward players during the January transfer window because the club's failure to land a replacement for their former captain Karim Benzema has really affected their performance this season
I am sure club managers will always be scared each time players are released for international duties. Some of these international games are played in substandard stadiums which could increase the chances of injuries. Some countries also lack quality medical teams that can assist players in times of health needs. Some of these games are so physical and rugged that players become victims of avoidable injuries. I don't blame some coaches who sometimes stop players from honoring national invitations.

It seems this current international break is becoming a disaster for Real Madrid. Eduardo Camavinga will be out for about ten weeks after he ruptured the external lateral ligament of his right knee. Now will be out for about two months after suffering a hamstring tear. Real will be having a busy schedule with seven matches to play before the end of the year. With the absence of important players like Camavinga, Bellingham, Tchouamen, and Vinicius Junior, Real might have a very difficult run after the break.
790  Economy / Gambling discussion / Re: Ever Thought of Giving Back to the Community? on: November 19, 2023, 07:00:01 AM
Have you ever thought of giving back to the community if you ever had a successful gambling run? One of those punters on X, who usually wins large sums of money from betting, is giving out about 25 laptops to folks who cannot afford them, and he recently paid for someone's cybersecurity online course. Do you think this is something that you can do—give back to the community from your gambling runs?
- https://twitter.com/mrbayoa1/status/1724168941931499884?t=1IglCrSnRsi-LZxxy6WHMQ&s=19
I read a story recently of a man who won big and had to locate one student who lost his school fees in gambling. This man gave the boy back his school fees and this drew commendation from the community. There is suffering caused by poverty all over the world and these people need help. I am pleased to see people give to the community from what they have earned.

 If I ever get lucky to win big, giving back to my community will be part of my budget. After I have settled my immediate needs and assisted my family members who need help, my community will be the next in the budget. But mine will be to build a primary school with a library because the school in my community is overcrowded. There are not enough classroom blocks to contain the number of pupils.
791  Bitcoin / Bitcoin Discussion / Re: Bitcoin vs Altcoins on: November 18, 2023, 10:48:42 PM
As we look forward to the anticipated bullrun come 2024, what altcoins are you holding and why do you think they will bring more returns compared to others?
The profits some traders are making from altcoin could be very attractive. But we have to also recognize that the altcoin business terrain is highly volatile. As a newcomer in the crypto space, I have not acquired the requisite knowledge to trade on these altcoins which is why I am only focusing on Bitcoin. A friend of mine just told me how he made some good money a few days ago on altcoins and I told him that I am not interested now because I want to move gradually from the known to the unknown.

Don't be carried away by the profits people make in altcoins because many people have also lost fortunes trading on them. The bull run also comes with an increase in scam projects, that is the reason why I am only concerned with the project I am sure of which is Bitcoin. But anybody who understands the altcoin sector and is willing to bear the risk is welcome to invest as he/she pleases.
792  Economy / Gambling discussion / Re: Are you in profit? on: November 18, 2023, 09:20:30 PM
I have noticed some individuals claiming to be successful in gambling.
but, my personal experience with online gambling platform over the past 8 months has been consistently unprofitable
I haven't broken even or made any gains. I'm curious if anyone in our community has actually achieved profitability through gambling. If yes, we can calculate that how much percentage of us are profitable.
I know most of the people pay to win and deposit to recover previous losses.
I have been privileged to gamble with small funds only and these few months have been very favorable. This year have gotten some wins that assisted me in meeting some basic needs. My answer will be YES  because my estimated wins exceed the money I have put into gambling.

Yeah, It's super annoying hearing people brag about how much money they've made gambling.  But for most of us it's more like we just keep losing over and over lol. 
From my observation, I think people talk about losses more than wins. Maybe they keep it secret to avoid unnecessary attention from friends, family, or even criminals. Most people I have seen who brag about wins do that to either promote the gambling firm or for other ulterior motives.
793  Economy / Gambling discussion / Re: Letting the cat out of the bag on: November 18, 2023, 08:41:30 PM
If you are facing gambling addictions and you are keeping it all to yourself, you are worsening your problem, find someone who is close to you and open up to them, letting it all out will bring you some relieve and hopefully you will get better, don't wait till you hit the rock bottom before you say it all out.

We should know that gambling is not for the underaged so we have to identify that we are dealing with adults. Every adult knows what is good or bad for him or her and we should always respect people's privacy. You don't have the right to intrude in someone's personal life until you are invited or you have clear evidence that such a person needs help. 

Most gambling addicts don't always accept or believe that they are addicted or need help. And even they know about their problem they tend to keep it to themselves because of societal stigma. People always see gambling addicts as untrustworthy even when they are free from addiction. This is why some of them prefer to die in silence. Some of them might also keep it secret because they don't trust anyone and there is no counselor or addiction therapist in their location.

But I will always tell people suffering from gambling disorders to seek help from reliable friends, family, or trained personnel. They shouldn't be ashamed of stigma or discrimination because their health is more important than the shame they are avoiding. They can also seek help online if they want to protect their privacy. We should also help these challenged people anytime they come to us for any form of assistance that will make them break free from addiction.
794  Other / Beginners & Help / Re: The people from Bitciontalk are a good company to keep. on: November 18, 2023, 08:12:18 PM
The company you keep has a lot of effect on you. Many Investors who are also forum members would have stopped investing a long time ago or become inconsistent and uncommitted with their investment if they were not in this forum. There is something about being together with people with the same interest you have that I have noticed, their commitment can always motivate you when you feel like giving up, and help you make more stable decisions. Many investors who are not forum members will be finding it difficult to maintain their seriousness to invest regularly because they are doing things on their own. If many of those investors find this forum, it will be very valuable for them.
People join platforms for different reasons but if you intend to learn about Bitcoin, then bitcointalk is the best forum to be. Some of the members here have a wealth of experience that is valuable. There is nothing about Bitcoin that has not been discussed on this forum. I will say that the forum is an encyclopedia of the Bitcoin ecosystem.

Without this forum, many members would have been victims of scams because there is much misinformation on the internet. Many people would have invested in scam projects and lost money. This forum has also assisted many in learning about Investing in Bitcoin. If not for this platform people would have been driven by FUD to sell their coins. One will always get the right answers and the best motivation to keep holding regardless of the uncertainties that are out there.
795  Bitcoin / Legal / Re: Events that lead to the adoption of a spot Bitcoin ETF on: November 18, 2023, 04:22:25 PM
Kevin O'Leary Warns Spot Bitcoin ETF Approval Could Be 18 Months Away
Shark Tank investor Kevin O’Leary, aka Mr. Wonderful, has cautioned that it could take another year and a half for the U.S. Securities and Exchange Commission (SEC) to approve a spot bitcoin exchange-traded fund (ETF). He emphasized that we will not see a spot bitcoin ETF in the U.S. until there is a crypto exchange that’s compliant with the SEC.
I believe Kevin O’Leary is right because the government will always want to ensure that there are regulations that will give it total control over the ETF. Approving what you cannot control is like buying a car that you cannot drive. But I doubt if it will take up to one year and six months for such approval.  

There are already existing laws that will help the SEC to control crypto-related business to some extent. The SEC should not expect to have perfect regulatory laws for the ETF because it is new to the US market. More laws will be made after the approval based on new developments. The SEC has also lost some court cases that might force them to do the needful before the time frame predicted by Kevin O’Leary.
796  Economy / Gambling discussion / Re: Can a mega winner say no to public presentation? on: November 17, 2023, 07:57:46 PM
I created this topic as a result of this news, a young Ghanaian man won 6,000,000 GHC ($501,664) with a bet of 40 GHC. This happened few days ago and it trended on social media. Some of the comments from netizens are that the young man should leave Ghana to avoid being robbed or poisoned.

I know some of us must have seen the formal presentation of a mega winner to the public by a gambling platform. Most times, these bookies invite media outlets to their offices to cover the ceremony, so that the news could be captured on newspapers, tv, internet etc. My questions are...  Can a bettor reject being unveiled to the public? Are gambling platforms paying an extra money for the publicity?
Gambling firms always use the opportunity of big wins to advertise the company. It serves as a good avenue to tell the public that one can win big if you place a bet with them. Rejecting such public displays will depend on the laws of the country and the terms of service of the betting firm.

I read some of the comments from the website the OP gave and some persons were saying they winner of the bet would have worn a mask for such a presentation because it would be dangerous to display that you own such an amount in Ghana or any developing nation. These nations don't have adequate security and poverty and unemployment have led to an increase in crime. This winner no doubt is now a target for many criminals. And this young man went to the extent of coming with his family members which makes his security situation more complicated.

I don't know if these betting firms pay extra money for this display but I would prefer to accept some deductions from the win me to avoid such risky public display. Alternatively, I can put on a face mask if it is compulsory to attend such an event. If they restrict me from covering my identity, then I will go alone and immediately relocate to another country where I am unknown.
797  Economy / Gambling discussion / Re: The most important thing in a betting site on: November 17, 2023, 07:10:25 PM
So, what's the number one thing on your list?
The choice of payment options matters to me. I want to bet with a casino that has a variety of payment options. They should have options to pay in both fiat and reliable cryptocurrencies. A betting site that has an active live chat support system will always attract me. Having difficulties with your casino account could be frustrating but an active support system will help reduce the tension and also assist in rectifying any issue of concern.

I also appreciate casinos that are reliable and abide strictly by their term of service. Casinos asking for advanced KYC after promising never to ask for it can be discouraging. The crypto space is very volatile so casinos that allow for fast and easy withdrawal will be highly appreciated. Another important factor is the variety of games the casino can boast of. Casinos or betting sites that have diverse games will always attract more gamblers including me.
798  Bitcoin / Legal / Re: The SEC Struggles to Recruit Crypto Experts, Report Says on: November 16, 2023, 09:04:16 AM
I am just wondering why they want these proposed workers to obey the mandate to divest while the US government is holding large sums of cryptocurrencies. Does it mean that the current staff of the SEC are mandated not to own crypto or is this law limited to only these new recruits? Maybe these proposed applicants have special tasks to accomplish that require them not to hold cryptos.   
Typically, laws apply to all employees of an organization. Even if, perhaps, the possession of cryptocurrencies was not prohibited before, then after such a rule is introduced, all employees are required to comply with it. I don't know what about the cleaners or the security guards. But I'm more interested in what can be said about the conflict of interest between close relatives.
The SEC might end up losing more employees if the new law is forced on old employees. This is because some of them might resign since they will not want to dispose of their cryptocurrencies. This directive will be difficult to implement considering the pseudonymous of cryptocurrencies. I am also interested in how the SEC intends to manage or control how close family members of such employees will deal with crypto.

That will be the biggest question on how they will define what "crypto experts" means, maybe here in our community or any other crypto community, they might have a different meaning for them. And even up to this day, we could have been debating the meaning of that and because it encompass a broader subject. Could be in terms of laws, or they could be looking as somewhat we can see a possible crypto scams and others.

So it's a very broad subject and maybe that's why they have a hard time finding the right now and there is actually no real experts in this field as it is generally fairly young. So they will have to set everything by precedent and it could be some mistakes by this so called experts as far as decision making is.

The job specification will determine how the organization will define the word "crypto expert". If an applicant possesses the skills that are needed to perform the specified task, then he could be classified as an expert because he can accomplish the task.
799  Economy / Gambling discussion / Re: A gambler's family action. on: November 16, 2023, 08:19:09 AM
9 out 10, if a gambler won a lot of money, they will come back and play for more, resulting to a big lost. So I doubt that it will crossed his mind to share his winnings, but instead what in his mind is to continue to gamble again until he lose all that money.
This is by far the most likely outcome, and if we are honest I think  everyone has made that mistake, however it is important that if at some point we get a big win, something that every single gambler would like to get at least once, that we do not waste that chance, as that is money that can be used to start something good on your life and allow you to skip a great deal of steps on the process of reaching the financial independence everyone is looking for.
Many people around me have made such mistakes when they win big. There is a case of a gambler who won about $50,000 and lost the entire money the same day because he lost control. But this doesn't erase the fact that many gamblers have maximized the money they won. One of my friends was able to achieve his lifelong dream of schooling at a European University after he won big. I suggest that every gambler should have a plan on how to use big wins and not waste them on luxury or lose them back. Big wins come a few times in a lifetime, hence we should be set to utilize these wins.

But when the gambler still thinks about his family and still makes family the most valuable thing, it is possible that he will definitely share the winnings with people he loves or buy some valuable things for them.
Even though these people reject the gambling they do, when they receive whatever they are given from the winnings, there is definitely feeling of gratitude and emotion because the gambler still cares about them and has forgotten what happened.
Assisting family members who have needs from a big win is not a bad idea.  Such support will make them know that gambling can sometimes be profitable. This might help to change the perception of some members of society that see gambling as immoral. I have an idea now to drill a water borehole in my rural community whenever I get a big win and I will inform the elders of the community that I got the money from gambling. It will help to reduce the negative view to hold against gamblers.
800  Economy / Trading Discussion / Re: Bitcoin and War Crimes? on: November 16, 2023, 07:36:26 AM
Crypto is a stock market and also it can be affected by some wars and pandemic like situations. So I will say that Currently going wars with Gaza ( PALAESTINE) and Israel War. In long term situation and as there are high chances of spreading of war to whole middle eat. Will bitcoin market go on crash mood because last time was coronavirus.
What are your thoughts?
I think that could be the reason of the crash.
I don't know how you concluded that there is a high chance of the war escalating to other countries. I know that many countries are gunning for peace and I don't think anyone has the intention to join the war openly. The war in Ukraine affected the global economy because of the increase in the price of crude, gas, grains, and other essential commodities.  This harmed the global economy and bitcoin price was also affected because just like every bitcoin is connected to the global financial system.

But if the war spreads to other parts of the Middle East it will lead to the disruption of the sale and transportation of oil and gas which lead to a shortage in supply. Limited supply will lead to an increase in the cost of electricity and many economies will face inflation and other negative consequences. I don't think the impact of this situation will be as bad as that of COVID-19 because nations can always seek alternatives for oil and supply but the pandemic led to the total shutdown of the global economy.

I don't believe that Bitcoin will crash, the right language should be a decline or drop in price and the currency has the tradition of recovering after some time.
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