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981  Local / Nigeria (Naija) / Re: Can a unified language solve Nigeria's problem of tribalism? on: September 10, 2023, 06:56:02 PM
Nope, it won't and can't. Tribalism is deep rooted like racism.
It’s a sad thing about life. How we aren’t really better than the rest depending on circumstances. Circumstances shows you just want you can allow, take in, condole or how well you never knew yourself.

For those of us that happens to travel either locally within states, you find out that, it’s more easier to meet someone with you that speaks a common tongue and you can call them brother, be fair and nice to them. Same people you wouldn’t care much about if you met them within your ethnicity.
Same goes when you travel internationally, you see your country man and be good to them but, the case is different while in the country.

The earlier we realize that the true thing that matters is that we are humans and bleed the same, the closer we would be to healing. Humanity comes first!
982  Bitcoin / Bitcoin Discussion / Re: presuring someone into Bitcoin investment on: September 10, 2023, 06:41:06 PM

When people overhyped and then suggest investment, it is possible that there is a hidden motive in there.  Probably the person explaining wanted his investor to invest in Bitcoin under their referral to earn something from that investment.  We all know exchanges have also an affiliate program where the sponsor or the person who refers users will have a certain percentage of that person's trades.
Hidden motives!
I wonder if there are those out there that are doing their outmost to get people into picking bitcoin investments for trading purposes. That would be such a wrong move on there side and one that is mainly birth out of greed.
Just how do anyone do that?
Convincing a newbie to bitcoin or cryptocurrency to come take up cryptocurrency trading just so the invitee could get referrer bonuses and trade bonuses, that’s not being a good friend to such individual.

It takes a lot of energy in trying to convince someone. I think the best approach would always remain in you having to leave them to convince themselves. You can’t really convince someone who doesn’t think that which s/he is being introduced would benefit them. They have to convince themselves before you could win them over.

Still, it would be a good idea to jot over exaggerate things when trying to win them over.
983  Bitcoin / Bitcoin Discussion / Re: Bank vs Crypto: Are they opposites? on: September 10, 2023, 06:31:33 PM
In short, the answer is no. Banks and crypto are not opposites, but they have different purposes and ways of working. Banks are traditional financial institutions that provide services such as savings, loans, and money transfers. Crypto is a digital currency that uses blockchain technology.
If you say they have different purposes, I wouldn’t be in very much agreement with you but, when you look at it from the way it’s operates, there you can find some real difference.

I suppose your contest to banks as in the OP is you referring to fiat currency otherwise, if your referring banks as a financial institution, then you would be making a lot of mistakes trying to put cryptos and banks in contrast.

Having the above in view, fiat and cryptos are both currencies and means to finance. Hence, it’s hard for them having different purposes.

When it comes to means of operation, there remains a difference between a decentralized system and centralized systems. While one is more privacy concern and can serve variety of purposes, the other is limited by boundaries.

Fiats and cryptos aren’t meant to be exclusive, I always tend to view them for a fill up on the limitations of the other.
984  Bitcoin / Bitcoin Discussion / Re: What do we benefit in lies in forum on: September 10, 2023, 06:19:37 PM
The forum allows you the freedom to share your ideas as long as you respect others and do not conflict with bitcointalk rules. So unless the story is completely fictional, you are allowed to share it.
The problem lies in lying and trying to fabricate stories to attract, arouse sympathy, or obtain donations or merits, and sometimes this may be to complete paid posts.
What makes the forum rich is the uniqueness of every individual, shown in their contributions. To that extent, one is expected and has the free will to write what would be as well educative and can result in some good learning.
Unfortunately, it becomes a lot challenging for some that leads to fabrications of what could be untrue and deceiving at the same time, aimed at certain purposes.
This is out rightly bad as, you pose a completely fictional situation to be true with the aim of archiving a goal. Some even do it for the fact that, they haven’t created a thread in a long time. How do you tell, you really can’t other than have the hunch and inferences from what you’ve seen over the years.
The bad news is, most still get caught free and it’s still happening till today but with no means to prove a story, you just have to go with it, criticize what you can and don’t let there deals play on you.
985  Bitcoin / Bitcoin Discussion / Re: Bitcoin obsession! on: September 09, 2023, 09:41:52 PM
Pretty hard to talk about this knowing that there are various degrees of both obsession and addiction. It's not binary — it's a spectrum; just like how two money-obsessed persons have different degrees of obsession.
It’s a spectacular view on the subject, talking about the degrees to which one might out weight the other but then, I would as well like to view that one leads to the other and that’ll be, obsession leading to addiction. This makes addiction the final product of an uncontrolled or tamed obsession. That’s to say, obsession could be controlled or stopped before it grows into something more difficult to handle. It’s just a likable situation and that’s okay.

Looking at crypto enthusiasts towards bitcoin, I’m not sure obsession really comes in as, there is hardly anyone that would have there all invested in bitcoin. The percentage of any wouldn’t be far from 10 and below of crypto investors. It’s good that as you see all the goods you can archive with bitcoin, you don to terms with the fact that, it still ain’t the ultimate and there are other fields of human endeavors that have got potentials too.
986  Other / Meta / Re: Bitcoin forum app store on: September 09, 2023, 08:45:14 PM
Hello! I want to develop a mobile application Bitcoin forum app store. What do you think?
I suppose this follows an earlier complaint about what could be done with the forum to enhance its view on mobile devices.

Well, I don’t see a need to having an app for the forum. It’s just fine with me as it is and even if Satoshi Nakamoto could rise out of anonymity to put up an app on AppStore or Playstore for the forum before disappearing back to the odyssey, I still wouldn’t want an app to visit the forum.

It’s being a long term attachment having to type down the site and my fingers already knows where to get them keys subconsciously. Not to mention the risk involved and having to update every now and then when the developer feels more can be done.

It would be hard having to trust such app as an old user so, good luck to you in just developing another browser for a forum app.
987  Other / Beginners & Help / Re: Tips for biggners on: September 09, 2023, 08:36:12 PM
I don’t know but,
I’ll like to know what’s the idea or motive that backs your creating of this subject on meta?

If your this good, you would as well have known that meta is meant for important discussions that relates the forum, some report cases, appeal, forum related upgrades, time outs and things of that sort not this!
Don’t be too focused on teaching without learning. Learn to appropriate threads to where they belong as well.

The beginners and help board would suit your thread just fine. You wouldn’t be expecting a newbie or beginners to come twerking here. Kindly move your thread to the beginners and help board. It would be more appreciated there and possibly serve its purpose more.

Nice time you’ve put in creating your thread, don’t waste it on meta.
988  Economy / Trading Discussion / Re: Trading not for everyone! on: September 09, 2023, 08:27:18 PM
If you are unsure of your capabilities to trade it will be beneficial to you to just buy and hold, and be taking each opportunity of every dip on the market to Dollar -Cost-Average.
DCA doesn’t really mean you taking advantage of the dip. Yeah, you could DCA when the market dips but, it ain’t limited to the dip. In fact, one can even DCA at an ATH.
DCA bridges the gap between having a specific timing to increasing of your portfolio. It keeps you off the charts to find the best price but, makes you an opportunistic investor who is dependent on what funds is available to invest in between at any time your finance allows.

It is good to buy and hodl but, not overly waiting on the dip to do that. You could always buy wherever and whenever.

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You're peacefully on track, and not losing out on anything. Trading has sent a bunch of persons back to their past. Cheesy
Trading is still sending a lot more home today but most persons choose not to see that. Some just needs to find out the hard way why others are just being wrongly motivated by not knowing when to quit. Just hope there life don’t get ruined and they get to put the blame on cryptos before realizing when or where they took the wrong decision.
989  Economy / Trading Discussion / Re: The Path to Profit: A Trader's Emotion & Terminologies Everyone should Know on: September 09, 2023, 08:15:54 PM
Trading, in essence, is akin to navigating the financial waters, where emotions often run high. It's a pursuit of profits through buying and selling assets, marked by excitement and anxiety.
Marked by excitement and anxiety as used here dragged my attention.
Are you saying it’s overly exciting when one takes a trade and that be the marking of the activity and the anxiety be in the proceedings to the trade…?

Well, for the anxiety I might agree but, when it comes to excitement;
I think the only time one can be excited about a trade is when it starts reading profits for you and most of all, you happen to have the pips play into your trading plan just right. Other than these, there is just nothing exciting about trading as even in the event that, you still get to maintain your trading balance, you would have lost a great deal of time and data.

Trading isn’t such an easy thing to do with the level of sophistication and how traders have advanced in skills over the years. You really get to master a lot about it that goes beyond terminologies to be a good trader.
990  Economy / Trading Discussion / Re: Bitcoin transaction on: September 09, 2023, 08:07:51 PM
Oh ok thanks i don’t know if the sending end or receiving end could change the rate on block chain on an unconfirmed transaction is that a possibility?
The receiving address have got nothing to do with the confirmation time or speed at which a coin is being or would be delivered. All it does is simply at the word, receive. Where there could be some manipulations to alter the speed of deliver is at the senders end.

Over a week has been such a long time to have been waiting on the confirmation of your transaction but, haven’t sent it with just 6sat/byte means, you could be waiting a long time to beat time here.
You need not find your wallet anymore if that be your last coins, just go over to bump your transaction fee to 15-20sat/byte and you would have it confirmed in no time. It wouldn’t count you much depending on the number of confirmations you would get on the transaction.
991  Economy / Trading Discussion / Re: Emotions dealing on: September 09, 2023, 05:45:43 PM
-snip-
Trading reeds you to be focused, dedicated and disciplined and for you to have all those you have to be in control of your emotions to enable you to not make some mistakes that could have been avoided. Individuals not having control over their emotions are bad traders.
Traders who can't control their emotions are not only those who are beginners in trading, but some of them are also quite professional traders.
Emotions that cannot be controlled will result in many losses, especially in strategies that have been made and will fail when emotions are uncontrollable and go off the track.
I see the term professional as used there and it sort of reminds me of a post made by Ratimov some time ago to correct an impression. An impression on how the term professional is used with respect to trading and traders. The term mainly describes traders to be individuals who work for a firm, be it a large organization or something of that nature who are paid for there skills to take trades and create different market conditions such as market movers by virtue of there positions in a trade.

Emotions is a part of human nature, one that isn’t going to go away and no matter how we could try, it would always come surfacing every now and then but, the longer you play with it, the better you would be at handling it when it pops up your mind every now and then while on a trade.
It’s a need to master skill for every trader as it defines the point where you get to cut lose or be contented with your trade profits.
992  Bitcoin / Bitcoin Discussion / Re: My Preparations for BTC Halving and bull market on: September 09, 2023, 12:31:10 PM
Bitcoin halving and bull run is not something that takes people unaware. It is something that is announced and something that trends for some years before it happens. But the irony of it is that there are people do not still enjoy the bull run despite being aware of it. This set of people believe that halving could fail to produce a bull run, they are uncertain, but when the bull run starts, they will join in the middle or towards the end.
Talking about announced in terms of the bullrun, I suppose you don’t mean it like we have in the halving which comes with more specification on when, the dates and even time. The bullrun is just a proven scenario that plays out with the bullrun but then, it’s off point have got zero specification to it, you only get to notice it as it goes with the continued up trend and price appreciation. A time you’re asked to buy, when it’s growing but, I agree with you that some would still miss out. Those who are always expecting the coin to dump some more and even when it does, they still hope it dumps a little more and forget that, it’s a bullrun taking shape and every little drop is responder with a leap in $1000 of sats.

Some would even buy at the peak but of course, it would serve them right with the many opportunities they are letting slide by just now.
993  Bitcoin / Bitcoin Discussion / Re: My Preparations for BTC Halving and bull market on: September 08, 2023, 03:12:50 PM
So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.
One of the plans any beginner can have an obviously have things play in there favor is the DCA strategy. You can hardly be wrong about this especially when you have a long term plan for your accumulations. I wouldn’t prefer we consider this whole looking at altcoins but for bitcoin in per se, it works just fine and you don’t need much knowledge to practice it. Just know how to buy and some non custodial or cold wallet storage to hodl it on.

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I have already accumulated bitcoin in my portfolio (70% of my portfolio is in bitcoin) which i will not sell until we are above the all time high again. Similarly, i have bought some major cap coins and a few others low cap too which i think will perform well in the bull season.  I have been doing this for the last 3 to 4 months, buying some at every dump.
Sure you’re very much experienced so I wouldn’t say much on the major capped coins but then, I’ve even been failed by those altcoins when I felt I had a good reason to pick them. Can’t trust them one bit, especially when it dumps.

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If the market dumps further, I will not panic and if I have more spare money, I may accumulate more bitcoin. I am confident that this bull season will be the best so far as it will be initiated by institutional investors.
Well, no bitcoin halving has come without creating a new ATH. It’s okay to hope that history would repeat itself and the market would be kind to us still.
994  Bitcoin / Bitcoin Discussion / Re: Let's Stabilize Bitcoin on: September 08, 2023, 02:54:11 PM
Is it possible to stabilize prices through market mechanisms due to this?
No single individual or group can stabilize bitcoin price. Bitcoin has no central authority on it to define its worth and the price is determined in a decentralized system through various bid and ask prices on it.

Come to think of it, if this was to be done, looking at the available volume of bitcoin both in circulation, pre-mind volume and lost coins due to unavailability of private key or seed phrases;
Where would one hope to cap the price at?

The total volume of bitcoin wouldn’t be enough to serve the world’s population and the bitcoin idea wasn’t meant for a few but, for the world to use in everyday transactions.  This makes attaching an price to it as per stability an idea that don’t particularly suit its capped nature.
995  Economy / Economics / Re: We Are 2007 and next year 2008 on: September 07, 2023, 10:35:58 PM
Certainly, history could repeat itself. And next year, there may well be an alternative to bitcoin that will rival it in three or four years.
You can never be too accurate on BTC prediction but, you can always hope for some good with the halving as it’s been known through the history of cryptocurrency and that’s enough to push users into creating the situation for a rise in price.

Speaking of which, you did. Talk of a possible replacement in the forth coming year. It’s just a hypothetical thinking but then, do you really think there could be an altcoin that would offer a greater challenge to bitcoin in few years?

I greatly doubt that. Maybe am overly stating this but then, it’s hard to find one who would be so willing and concerned like Satoshi Nakamoto to have not left a back door ti exploit his idea when it’s green. Still, it would be difficult to have people believing in any alt like we do bitcoin.
996  Economy / Trading Discussion / Re: My trading stradegy on: September 07, 2023, 10:12:12 PM

I wouldn’t discourage or encourage you on either to forego your strategy for another as, the case has always been and still is; “what ever works” right? Don’t need you to answer that anyway but, hope you understand the risk in the steps your taking and by going short, your sure to stay fixed on your chart as this is a trade taken out of mare expectations and not any proper analysis to it and as such, it could always go anyway and your not sure where those players you looked up to for a position would be getting out or have set there limits.

You can get some mastery on it and be making some serious money which makes me wonder if it’s actually working with you complaining to be low on funds or perhaps, it’s a newly developed strategy for you @OP.
Goodluck either ways and stay true to your methods. It would serve you more than copy trading or though, this feels more like it as well.
997  Economy / Trading Discussion / Re: Emotions dealing on: September 07, 2023, 10:04:34 PM
Emotions is a weapon used against traders causing them to move out of a trade untimely which may eventually cost them loss.
Saying emotion is a weaponed used against traders makes me wonder who is wheeling this weapon against them traders. If it’s the exchange against them traders or it’s the market against traders.
There isn’t any other party to this most times as, it’s always traders against traders and the result of your trade is based on either good or bad decisions on your part. You get to decipher what is or what could be from your analysis, develop a trading plan and be disciplined enough to go with it.

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How to avoid emotions:

  • set up  a TP(take profit) and SL(stop loss) for your trades
I think that was the only point as it concerns trading that you mentioned in this thread. The rest were simply how to stay distracted from getting back to the charts and watch the proceedings of your trade.

TP and SL does help you to stay on course with your trading plan and that does keep emotions off alright. Still, it’s not always an easy to archive as, your surely going to be conscious of the activity in the charts no matter what.
998  Economy / Gambling discussion / Re: Minimum Age to gamble on: September 07, 2023, 09:56:43 PM

All gambling sites have age restrictions on their websites, but underage people will still go ahead and gamble on those sites. As it is clearly stated, even if gambling sites make KYC mandatory, some underage people will still find a way to gamble, so I think it will be kind of difficult for gambling sites to stop underage people from gambling. But we can see some physical casinos that still allow underage gamblers, which is very wrong. If anybody visits the gambling site and they notice the person might be underage,  they should request a means of identification to confirm the person’s identity. If the person is truly underage, then the person shouldn’t be allowed to gamble.
Requesting random persons of an ID when you’re not an authority in that place is something very difficult to do. One, you don’t know this person and looks could be deceiving in some instances.
Your best option would be to call or notify the authorities at the betting company and when that isn’t enough, you can notify regulators.

Still, the idea of underage gambling is mainly to comply with authorities and to ensure no one is been down played because of how little they know of a field. Also, to ensure the individual is capable of making good decision, have some financial strength and could be answerable to their actions.

We might have a few who get away with underage gambling but it’s always at a risk of losing their funds and account as well.
999  Economy / Gambling discussion / Re: How Big is the online gambling industry today? on: September 07, 2023, 09:48:14 PM


According to the articles shared, sports betting will have the highest market gain in the next few years.
What do you think?
it will depend on the trend of the sport itself because we have many types of sports. one of the most famous is football.
I think it was more of a holistic view to the studies without any specification on what sport but sports in general with respect to the gambling industry.

Well, it’s already so big as it is and could get even bigger should the government not overly step into the scene. The many gambling site in the space tells you more on what the market is producing and every CEO is out to take their pick. Even with the loses, you’re sure to have more gamblers turning up to gamble as, it creates both opportunity to make money and fun in a regulated way.

It will continue to transcend what myths and negative attributes to it still until it’s capped. Have you ever thought what meta would bring to the space… let me hold it there.
1000  Economy / Gambling discussion / Re: [banned mixer] 🦁 Fantasy Premier League Pool ⚽ Discussion Thread on: September 07, 2023, 09:40:24 PM
Salah and Haaland? That's what I initially put together and then changed it God knows why.
It was the best way to go, too many good 6,5 midfielders were on offer and you could still assemble a good team with both Salah and Haaland.

The only problem I had with this setup is that you basically have a 12,5 player (Salah) who you won't captain that often.
I don’t know if I have to rethink my decision but, I’ve hit the idea of M. Salah being over priced to leave him permanently on my team (except in the case of an injury) but yeah. I don’t find him to be making the points for his price worth. He might be a midfielder but then, his the goal scorer for Liverpool and ought to be coming up with the goals and in turn, points too.

I have them both.  Grin

But you're right... I also think Salah will be on a roll this season.
His not manifesting like he would.
His last goal for Liverpool seemed more like a consolation goal for his time on the pitch. Maybe I have too much expectation on him but his prices enough to deliver like E. Halaand is. Halaand said, his back and we can expect him to be back at goal scoring. Could it be the same for Salah…

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