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841  Economy / Gambling discussion / Re: Nigerians spend $975m daily on online betting on: November 02, 2023, 08:58:28 PM
Infact this 28% is low excluding old and children. The reason why I said this is that this is the online statistics. People bet offline, on land base casino. People gamble in their compound, in the neighborhood apart from casinos and it is normal in Nigeria. Some gamblers gamble till dawn. Like someone said, I will say that it is like a tradition down here because even before the economy got to the level, people have being gambling and using it as a means to double their funds.

The youths now don't have anything that they do with their money but to gamble and hope to win big, because they have seen people that have won big in gambling. There are sportbet outlets in my neighborhood and all the time it is filled up. They see losing as something normal and they hope that someday, they will win big.
842  Other / Beginners & Help / Re: Bitcoin is magic internet money on: November 02, 2023, 07:23:18 PM
OP, I agree with you on whatever you choose to call bitcoin because of the way the price is pumping now. You will sleep and wake up and see that bitcoin price has pumped and to you it is like magic right. I call bitcoin the future digital gold and some persons calls it a safe haven, and so on.

The fact remains that bitcoin is a volatile assest and this makes it more profitable when you invest for a long period of time. There is still time for one to buy and invest and also do regular DCA, so that you can benefit from it. Bitcoin has a great potential and that is why you are carried away and call it magic internet money but the truth is that the decentralized nature is what makes it more unique.
843  Other / Meta / Re: How do I change my display name? on: November 02, 2023, 07:50:39 AM
You have zero chance of changing your  username and if I were you, I will just forget about this my current account and act as if I never had it. Next is to go and create a new account your your preferred name and this time make sure you have finalize with the name you want to use, if not it will be a waste of time for you to be jumping from one account to the other.

 Register a new account and ride on, after all your account don't have any reputation nor merits, so it is very easy to start all over again. On the other hand you feel you are not cool with our suggestions, then you can write to theymos and try your luck but you have to wait for a long time that is if your request will be granted. It's your choice to decide.
844  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: November 02, 2023, 04:47:48 AM

In my opinion, Juventus is not only among the top 5 but also one of the strong candidates for the championship. So I expect them to be one of the top 2 teams in the league. Their biggest rivals here will be Inter. They are playing great this year and they will challenge Juventus. If they are a little tired because of the matches they will play in Europe, they may lose points.
I thought Acmilan where the strongest teams to win the league this season not until they faced Inter and Juventus, they tried not to concede alot against Juventus but Intermilan showed them class when they met earlier this season, However Juventus have been very impressive this season though they started sluggishly but recently they're one of the top performing team in the league currently and if Intermilan doesn't end up winning the title this season and I feel they're another top candidate for the title.

 Intermilan are very strong last season they participated in the UCL final and they continued with such good form this season and are,currently the leaders of the league, they could maintain that position for a very long time since their rivals Acmilan couldn't remain consistent after getting to the top, and if care is not taken they could drop more points.
Milan started the season as if they will never lose points in all their matches but as we all know that there must be difficulties when a club faces a club that is well prepared for the game than them. It was Inter that started to make Milan lose points after they met earlier and Juve has also reduced Milan's point.

I think that their defeat in the champions league by PSG was what affected their performance. They were still in the shock before they played Juventus. I think that Inter has a better chance of winning the league because they are still consistent with their performance even though they are playing in the champions league. Juventus has the chance on winning the league if they don't decline in performance and remain consistent, because they will me focused only on Seria A
845  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin help? on: November 02, 2023, 03:56:57 AM
It is only the government that can uplift people from poverty and not bitcoin, this is because anyone that want to really benefit from bitcoin must take a long time before he can see his profit, since bitcoin is a long term investment for you to make profit from it. You don't think that the poor ones that hardly eat well in a day will be able to invest into bitcoin and wait patiently to reap their profit when they don't have what to eat.

The people that are making profit from bitcoin are traders and people that earn in bitcoin and I don't that a poor man can go into trading that is very risky and can make one loss all his bitcoin if he makes a wrong decision. It is unethical to advise newbies or people who are managing to invest in bitcoin to jump into trading without any skill because they will end up at loss.

Mining is very expensive due to the cost of electricity and it needs good capital to start with, and if you are not careful, you might run at loss. Hodli needs patience and you must have cash reserve or cash inflow in other to be successful as a hodler, if not you might end up selling when it is not at your will.
846  Other / Beginners & Help / Re: Trade vs. HODL - avoid traps on: November 01, 2023, 08:35:31 PM
You have presented trade vs hold very well here. Trading from hold is more risky. I don't really compare the two because I'm involved in both types. I trade one day at a time in a certain environment. I am involved in both holding and trading. If you trade and hold correctly you will profit from both. Currently we are leaning more towards trading in the hope of short term gains. As Bitcoin is an important currency one should hold and trade very cautiously.
Trading shouldn't be something that should be advised that newbies should go into. Majority of traders run at loss because it is hard to predict bitcoin price movement correctly, and trading involves so many skills and charts stuffs that will make one so stressed up when trying to beat the market. The fact remains that, there is no amount of profit that a trader will make that will be as big as what he will make when a hodli for long because bitcoin value increases with timeline.

Trading is for people that are after little profit and only after today, while hodlers are people that invest for their old age when they will no longer be strong to work. Professional traders run at loss but a newbie hodler will not run at loss when he investment in a long term and increase his bitcoin porfolio with regular DCA. As for me I see trading as a waste of time because you might think that you will make profit but end up running at loss. Bitcoin investment is not for short time gains because the market might not move in your favor and there are some wrong decisions that you will make as a trader that you will end up living to regret. Just Hodli and save your investment from loss.
847  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: November 01, 2023, 07:08:05 PM

If I look at Man United's performance last season, honestly I really can't think that this season is much worse and certainly beyond everyone's expectations. Last season they managed to finish in third place in the standings with quite satisfying statistics, so of course the current conditions are very surprising where they should be much better but in fact they absolutely cannot meet expectations even a little. The match against Man City yesterday was really embarrassing, not only embarrassing the squad but also the fans who were there.

Obviously it lowers the confidence of the fans, consistency is a major problem for Man United this season in my opinion, I hope Ten Hag really has to do something about his squad, at least be able to prove a little better to restore the confidence of their fans and the prestige of the club. We'll see what Ten Hag does next there.
Manchester united would bounce back but if might not happen very soon cause their squad is not very complete and Erik Ten Hag needs to manage the players he's got until his clubs remain balanced again, Manchester United could have had a better season if not for the injury crisis they're currently facing and I doubt If Manchester united would be able to finish 3rd place like they did the previous season.

 Erik Ten Hag is very lucky that the board and club owners still believe in him and don't got any plans to sack him but however he's got to do something to help the team get better so that they don't drop very drastically on the standings, Erik Ten Hag had a very good tactics at Ajax that got the attention of United board which made them to sign him but recently he's now bringing another pattern that's not helping the club,  they're not even playing good football that would help them gain support of the fans.
I don't understand Eric Ten Hag new pattern that is making winning very difficult. He needs to try his best to make sure that the performance of the team will not decline that this, if not it will be a worst season for him and the club. Manchester will not finish on top four this season and they will not be playing in the champions league next season, because their performance is too poor to meet such target.

 I don't know what brought the change in the players performance too, they are not as smart and sharp like last season. Something needs to be done fast in other to put the team back to a good form before it is too late.
848  Bitcoin / Bitcoin Discussion / Re: Bitcoin kwoledge is not complete without bitcoin investment on: November 01, 2023, 04:04:44 PM
I don't see bitcoin to be risky, if can discipline yourself and stick to the investment rules of bitcoin that says, you should only invest in a long term and increase your bitcoin investment portfolio regularly with DCA so that no matter the level of price that bitcoin is, you can buy to cover up further price increase to balance up with the risks and benefits. No matter how risky, you think bitcoin is because of the price volatility when you are in a long term  plan, you will overcome the risk because bitcoin price keeps pumping with time.

It is those people that think that bitcoin is a get rich quick scheme that invest in a short term and they want massive profit, they will run at loss because that is not how bitcoin should be venture into, since nobody can predict the price movement of bitcoin right. Other assets has high risk and can't be compared to bitcoin in terms of risk and benefits.
849  Economy / Gambling discussion / Re: Health Benefits of Gambling on: November 01, 2023, 10:00:27 AM
#3. It helps us to take risk.

This is the part that I loved and I have never thought of the positive side. Since gamblers are always taking risk to make profit. It means that it whatever business or goal that we are planning of, taking the risk to venture into it is worth it just like you don't know if you will win the next game but you have the hope that you will win it.

If your venturing into a business take a bold step and believe that it is worth to take the risk to succeed in it. Same with you goal don't get discourage even when you have fallen the first time, just as gamblers don't give up, they come back and gamble tomorrow after today's loss. Gamble responsible in other to enjoy the benefit in gambling.
850  Economy / Micro Earnings / Re: Does Faucet give real bitcoins every few hours? on: November 01, 2023, 08:48:08 AM
It's all genuine, why do I call it genuine, because I have already withdrawn the Bitcoins I got from the freebitxxx fauchet. I have known and played this fauchet since 2015, and I have made 4 withdrawals there. Now I'm still playing it, and so far I haven't made a withdrawal because the results from the current fauchet are very small. It was different in 2015.

Apart from Bitcoin faucet, there were also faucet for Bitcoin and Dogecoin.

Currently it may take a long time to claim Bitcoin from fauchet because we have to collect a lot of Bitcoin first to cover fee transaction
You are right, it was back in 2015 like you said that faucet is worth giving time because then it pays well, but as time goes on it became very small that I presently see it as a waste of time because before one can claim bitcoin from faucet, you must be a patient dog since the transaction fee is something else.

That sounds bad, so we also don't know how much bitcoin they have? including casinos and centralized exchanges also the same? the numbers written on our account are just fake bitcoins? can they use the bitcoins we send them for their needs? As long as there are no major withdrawals on the exchange, no one will know that our bitcoins there have been used. Could that be true?
Exchanges are very funny people because they are always bringing figures that are not in their reach to make people feel that keeping their funds with them is safe, when you will know that it is not true is when that exchange crashes, they wouldn't be able to refund all customers their funds at once. Another way to know is when there is a massive withdrawal from the exchange, you will see that the exchange will now deprive their customers from withdrawing and also place a withdrawal limit on customers so that they wouldn't know the truth.

 Same with traditional banks, have you ever thought that what id all the customers withdraw all their funds at once, the bank will never accept many withdrawals and they will put a withdrawal limit. This has happened to me and I need the funds for an urgent purpose. Not your keys not your coins. The moment you deposit to an exchange, your coins becomes a business coins, and not yours anymore, it is only when you have withdrawn it that it becomes your again.
851  Bitcoin / Bitcoin Discussion / Re: Bitcoin kwoledge is not complete without bitcoin investment on: October 31, 2023, 07:45:54 PM
even if Bitcoin is riskier than other investments, I still choose Bitcoin.
Why are they saying that bitcoin is risky than other investment like gold, stock and bond, or real estate is simply because if the volatile nature of bitcoin, especially for people who are in a rush to sell their bitcoin. When you invest in a long term, you have overcome the risk in it. This is why you must invest in bitcoin to complete your knowledge on bitcoin by experiencing the risk attached to bitcoin investment and hodli. I can take 5yrs to learn bitcoin but still don't know the strategy on investing and grow my investment. Only practical can teach your how to go about your bitcoin journey and which accumulation strategy that will suit you base on your income.

But however is totally depends on  individual on what they feel is right for them.
Some newbies can't differentiate their right from their left in cryptocurrency, I.e they don't know which is the best and how to start with their investment, and it is these kind of people that will invest into the wrong coin or will listen to influencers and invest into altcoins, and that is why we need to tell them the difference of bitcoin and altcoins and also guide them to the right direction. When I just came into the forum, I never knew anything about cryptocurrency and I thought that they are all the same but the forum changed my thoughts abs clarify me about the difference. It is the same thing with diversify, I have seen so many forum member think that diversify into other assets means buying altcoins.
852  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 31, 2023, 06:29:57 PM

Although it sound interesting but hard to achieve that amount of %30 on regular basis expecialy on DCA strategy. Considering the responsibilities in the family. for example a country like mine, if you continue like this you will put yourself in financial jopady. For me I think %20 will be good to go. but if one can develop and nuture that characteristics, I think it will go a long way if there are other means of lively hood.
It all depends on yourself and I don't think it's necessary to feel that your country alone has problems in the economy because for now almost all countries feel the same way but that's not the point, I think the point that needs to be emphasized in the current conditions is how you manage your money because in the end the current benchmark is not to the country but to yourself who must survive with all the circumstances  that occur.
As long as you believe and want to invest in bitcoin then you definitely know what you will do. 30 percent of income if it feels too big then you can reduce it to 20% or 10% according to your own strength.
Many here are married but in the end they can still do DCA consistently. This indicates that belief can make us think more broadly and not only fixated on economic conditions because in the end when good management is done and you know how much income and expense from your income actually it can be a gap to make some changes if you want to invest and it depends on yourself whether you want or not to invest.

A man must have a future, so he must participate in investments thinking about the future. Because my country is dealing with a lot of economic conditions (all countries are suffering from economic problems all over the world) the bank money is being taken over by the government. Currently holding fiat currencies is not safe at all, so investing in bitcoins is a must. Investing in Bitcoin is of course the claimant to the property itself. And those who do not have savings, it is better to invest 10% to 15% of their monthly income in DCA method according to their monthly or weekly income. Because investing in Bitcoin will definitely increase your wealth, it is more profitable to invest than to keep your savings.
Bitcoin is here to save the poor from hardship through the opportunity that it has offer for one to invest into it. Bitcoin is a different investment from others abs only need little capital to invest. Anyone that understands this will gladly assign some fraction from his income to invest, or look for a way that they can increase their income, if what they are earning wouldn't be enough to take care of their responsibilities and also invest in bitcoin.

Some people thinks that they must have a good income or a big capital to invest and they will keep wasting their time waiting for that right time, of which they don't know that it better to start investing with the little that they have now and plan to look for a means to increase their income. Bitcoin is seen as a safe haven in future when you invest in a long term with regular DCA to increase your bitcoin, and if a newbie believes in this he will definitely invest.

 What I am saying is that it is our duty to look for a way out to make sure that we are accumulating frequently and hodli for long with a proper plan that will not make us sell when it is not our will to avoid regrets. Invest now at don't wait till you are very comfortable financially. Lack of planning of keeping funds for basic needs and emergency can hinder your progress when investing in bitcoin, so you should have cash reserve for those expenses, if not you might not be successful in your bitcoin journey.
853  Economy / Gambling discussion / Re: Most you have ever lost in one session? on: October 31, 2023, 03:29:04 PM
What is the most money you have ever lost in one session? could be land base casino or crypto casino.

mine was $200,000 on Stake.com 2 weeks ago
Damn it mate, you must be a rich guy. This money is big enough to change the life of a poor man to become very rich down here in my country, and you just lost it in one session, gush. I have never used up to $100 in a session because my income is not big, and I only gamble with 5% from my income.

What got over you that made you to gamble with such amount, you should not be influenced by those wealthy gamblers that stream their gambling activities, because they have more than enough to throw away. Gamble responsible and don't live to regret your actions later.
854  Other / Beginners & Help / Re: Sent Coin by mistake to wrong address and got them back:) on: October 31, 2023, 02:13:12 PM
I feel lucky that I found the owner of the address and he seems like good person and very reputable on this forum Smiley
Lucky you OP, you should be regretting by now assuming, you sent your coins to a dishonest person that wouldn't return it back. This is why you need to cross check the address which your want to send your coins to over and over again to avoid mistake of such that happened.

Scammers can also send malware to your clipboard and if you are the type that is not cautious with what your are doing online, you will fall victim for this. rat03gopoh is a good person with good reputation and that was why we are all saying that you are lucky. You would have learnt a hard lesson by now.
855  Economy / Gambling discussion / Re: Have you ever been a gambling addict? on: October 31, 2023, 08:57:53 AM
I only gamble once in a while back days when I just started gambling. It was my friends that introduced me to gambling and it was only when we are together that I gamble. This made me not to gamble without them and we meet during the weekend to have fun. I guess this was one of the reason that made me not to get addicted that much.

 I could only remember some years back when I wanted to get addicted to gambling but when I saw how much of my income do go into gambling, I decided to limit the way I gambled, and that really helped me a lot. So what I did was that,I created my own gambling time that makes me not to gamble when it is not that time, and I quit the moment the time elapses, either I am winning or losing.
856  Economy / Speculation / Re: Buy the DIP, and HODL! on: October 30, 2023, 07:51:46 PM

Of course trading is very complicated especially when the trader is a novice that doesn't understand what trading is all about, in most cases people seem to forget the risk associated on trading because they are overwhelmed by the profit they believe they will make if venturing into trading forgetting the risk.


I don't think trading is really that 'very' complicated like you mentioned, what I would say as a novice is, trading needs total submissive attention from you as a trader, particularly when you are still new into the trading platform. However, there are a number of things one will need to learn before jumping into trading. In as much as one is able to pass through that initial rigorous process of learning the intricacies of trading, it becomes more simplified.

Most novice and inexperienced traders prefer to always look for the shortest way into trading thereby creating room for missing gaps of knowledge which only makes them poor traders. Saying that trading is complicated may not be far from the truth, but for traders with interest who are ready to pass through the basic journey to becoming successful traders, it becomes simplified.
Trading is very complicated and if you are a newbie, you would take a very long time to learn everything correctly on trading, because you need to know the fundamental analysis, technical analysis and also know how to read charts with coming up with your own risk management to help you, and it is not still a guarantee that you will not run at loss. All these things that I said will take more than a year and that doesn't mean that you have understand it all.

Trading has a very big risk of you losing your bitcoin, instead of you to be increasing it. Hodli and regular DCA is easy and investment friendly, as long as you venture into a long term investment. I will advised newbies to stay away from trading, because the time that they will use to be learning, they can use that time to invest and increase their bitcoin portfolio easily without much risk. Unlike trading that will expose you to loss and will make you regret your actions later. It is had to time the market nor to predict the price movement of bitcoin, and this is what traders need to know to make profit. Even professionals can tell what will be the next bitcoin price after this.

@lamgoat, don't sound as if trading is easy and it can be misleading too. Bitcoin investment is best achieved when you hodli for 4-10yrs and above with regular DCA and you will never run at loss.
857  Economy / Economics / Re: choose an option on: October 30, 2023, 06:46:01 PM
I will choose option c. This is because there is no investment or amount of money that will give you the kind of profit that bitcoin will give you when you sell in the next bull run that we are expecting. You can sell all of the during bitcoin ATH and re-buy back the same 20btc during the immediate bear market that follows the bull run. You will take good profit and still have your bitcoin in your wallet.

Secondly, I will go for option e. This is because you can use the profit from that business to buy whatever you want to buy when you save it, and you will have regular cash inflow that will makw  you not thinking of selling your bitcoin because $480k is not a small business. I can buy more bitcoin with DCA and I can also build real estate and buy gold, all these I can achieve it as long as the business is running and my bitcoin investment portfolio is also increasing. Give me twenty years from now I will rich the level of fuck you status.
858  Economy / Gambling discussion / Re: Between Profit And Conscience on: October 30, 2023, 04:09:19 PM
So what's the best decision to take he is afraid if he lets go of this opportunity the lotto agent will eventually find a location in their place and eventually lose the opportunity to make a profit.
Crwth has given the answer already, but from your statement it shows that your friend is not thinking much of his integrity but he has seen this as an opportunity for him to have a long term tenant and make profit, it is better that he follows his heart and make the decision that wouldn't make him regret later.

If I was in his shoes, I will give it on a lease to the lotto outlet and enjoy my rent, at least it is an additional income to what he is getting now, and with the way inflation is everywhere, one must make use of any good opportunity to have an additional income. I will rent it out and use it to invest in bitcoin, because from the look of things, is like he is not really in the need of money.
859  Other / Beginners & Help / Re: Hi I'm new here, hope you welcome me. on: October 30, 2023, 03:20:45 PM
OP, you are welcome to the forum. You should take your time to read more and do your own research to improve your knowledge. Make sure that you don't plagiarize, because it is a great offense here that will lead to account ban. If you must use someone else's work for reference, you should add the link to it.

Take your time to navigate round the forum and see boards of your interest where you can contribute easily on topic discussed. You should also engage yourself in discussions here in the forum. The search engine is the key to whatever that you are looking for and don't forget to ask questions that you are confused about. The forum is a very good place to learn and have new friends. Try to add value and positive impact on the forum and forum members by being creative.
860  Bitcoin / Bitcoin Discussion / Re: A Simple Reason Why Bitcoin is not Money on: October 30, 2023, 01:55:38 PM
A) Why's Bitcoin not money?
Because it is purposeless. Meaning, when bitcoins are bought they can never be used for anything, and whoever holds them must ultimately sold them - dump them on someone else.

Due to the lack of a purpose whose fulfilment would generate a specific amount of benefit, there's no pivot for estimating how many bitcoins to accept for goods or services and is, thus, impossible to perform a rational trade.
Bitcoin is money and it can be used to pay for goods and services worldwide, as long as it is been accepted. It is not compulsory for you to buy your bitcoin and hodli, you can still use your bitcoin to pay directly for whaever you want to buy either online or offline. I have a hotel down here that accepts bitcoin payment.

You should also know the purpose why Satoshi created bitcoin, it was for an alternative payment method but because bitcoin is limited in supply, as time passes, it started to increase in value and that is why people now see it as an investment and they prefer to hodli rather than using it for payment because they want to make profit from bitcoin. My uncle bought his PC with bitcoin, and we in this forum do business with bitcoin here. In the nearest future, you will understand what bitcoin is. Ferrari just started accepting bitcoin payment for the purchase of their exotic car.

If you want to pay for any goods or services with bitcoin, you will charge in dollar and convert to bitcoin. That is how it is done because every goods and services have their price or fee.

https://newsdirect.com/news/who-accepts-bitcoin-as-payment-10-best-online-stores-and-companies-that-accept-cryptocurrency-778803188
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