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981  Economy / Speculation / Re: Bull season started? on: October 26, 2023, 01:06:59 PM
The bull market will return but maybe not yet. Slowly, the market will recover, and now, Bitcoin is on its way. We must be more patient in waiting for the market to become bullish again. And in the meantime, we are still given the opportunity to buy more Bitcoin at the current price.

And don't forget that the current increase will have a decrease as a correction. At that time, you can use it to accumulate more Bitcoins. It's better not to be too serious about waiting for a bull market but focus on accumulating more Bitcoins for now.

If a correction comes later, will the price of Bitcoin remain at $34k or will it decline below $30k again? Because the price of Bitcoin managed to rise to the current level of $34k. So it's better to be prepared with your money so you can buy more Bitcoin.
982  Economy / Gambling discussion / Re: Cross addictions is Just as Bad. on: October 26, 2023, 11:39:00 AM

And as long as his new addiction isn't dangerous in reducing his money losses, maybe it could be a solution for him. But even though his addiction to video games is much better and safer, he also needs to find other activities so he doesn't play games all day. It will also reduce his gaming addiction so that he can benefit from doing other activities.

I used to have a friend who played video games every day until he didn't do anything else. His parents advised him to leave the house to see new things but he didn't want to. That has been going on for years, but he doesn't experience it anymore because he now works in an office.

So reducing addiction really depends on the person. If he can feel and realize that he has an addiction and wants to reduce it or cure it, he must find something else to do. And if he can do other things regularly, he can cure his addiction.

It can still be a vicious circle because a video game addiction has consequences that could intensify other problems in life, which in turn leads to other addictions or the former addiction to come into effect again and this time maybe even worse. Video game addictions definitely contributes negatively to the social bondings being neglected. If this is the case and the person loses friendships over time, what is that person going to do when he decides to end the video game addiction and instead do some great stuff, but with whom? The risk then is that gambling may be a thing again to kill some time.
Yes, it's still a vicious circle because he just transferred his addiction to video games and didn't try to solve his addiction. He should be able to stop his gambling addiction first and then play video games but with restrictions too.

Those who often play video games will eventually lose their friendships. He only cares about video games rather than doing other more useful things. It can reduce his addiction to playing video games and he can also do other things.

Hopefully, he can realize his mistake and decide to reduce his habit of playing video games. He needs to open himself to the environment around him to discover something new. It would benefit him.
983  Economy / Speculation / Re: Bitcoin $5k rise within an hour plus. on: October 26, 2023, 09:24:28 AM
I don't think there has been a price correction right now from the significant increase that occurred in the last few days, currently the price is still in the $34k-$35k price range which means it is still quite high and we are still waiting to see whether the increase will continue or vice versa.

We don't deserve to talk about ATH right now, currently a significant increase has just occurred and we are entering a halving time which allows us to return to seeing the things we want.
There is no need to panic, Bitcoin's movement tends to be more in a positive direction this year, and that indicates it will continue until the end of the year, and I am quite optimistic about that.
The correction may not occur suddenly but slowly, so we will not realize that the price is falling slowly. And currently, the price is still fluctuating in the $34k area but we still need to be prepared if the correction turns out to come suddenly.

Bitcoin prices can continue their increase or experience a decline. We will not know how the price of Bitcoin will move, but if we can prepare for all the possibilities, we can adapt to the circumstances that will occur.

The increase made many holders to believed that bullish run is very close to the market, and it will make some not to sell their coins now than to wait to see what will happen before the end of this year because it look like the bullish run will appear before the end of November. The price has hit $34,721 few hours ago and the green light is still displaying some signs to encourage the holders not to miss this season because the bump will take a long season before it will return back to bearish run, which will be possible for those that will endure now and hold till that day. I don't think those that bought at the rate of $33,000 or $34,000 will be worry of anything because the price will continue increasing for those that invested in the past to supply to make a passive income.
The market may be very close to a bullish movement but we are still far from its final ATH. Meanwhile, we don't know whether there will be a significant improvement after this or there will be a correction, or whether the improvement will come gradually.

But the current situation has given hope to Bitcoin holders. At least, new Bitcoin holders can see that their purchases in Bitcoin can provide profits. And if they keep buying more Bitcoin and holding it tightly until the price reaches a new ATH, their profits will be even greater.
984  Economy / Gambling discussion / Re: Is Gambling Generally An Illicit Activity? on: October 26, 2023, 07:40:05 AM
what I can say about people living in those countries that gambling is prohibited by the law as illegal they should as well avoid gambling while they're still there, they can always gamble when they get to another state or country where gambling is allowed to exist. I understand it won't be that easy to avoid particularly for an activity you feel entertained with but as to stay away from trouble.
But even so, there are still those in countries where gambling is prohibited who force themselves to gamble and use many methods to keep gambling. These people seem to have experienced the pleasures of gambling so when they see gambling was banned in their country, they lost something. They will try to gamble again so they can feel the pleasure.

But it's better if they don't try to gamble if the state prohibits it. It will keep them out of trouble, especially when there are checks from the government. So whether gambling is an illicit activity or not depends on the country.

Recently, online gambling has now turned to a route through which drug barons, traffickers, corrupt politicians etc conceal and launder money to hide from being caught it is for this argumentation that governments of some countries place a ban on gambling within their jurisdiction. However, for the revenue the gambling generates to government some countries decides to regulate and monitor it's activities and operation while they pay tax to government.
In the end, the state needs taxes from the gambling industry even though they know there are illegal activities carried out in the gambling industry. And money launderers can continue to use gambling as a place to launder money. And even though they have to pay the taxes, that's nothing for the money launderers. After all, they have a lot of money.
985  Bitcoin / Bitcoin Discussion / Re: Will you leave the country or will you stay, stand up and fight for your right? on: October 26, 2023, 05:20:27 AM
It all depends on the situation and circumstances. If things change for the worse, we can't force ourselves to stay in the United States, especially if we lose most of what we have. But what if there was a massive demonstration that could defend people's rights? Don't forget that large-scale demonstrations can change laws because many people don't like them.

And if the United States government continues to act harshly by persecuting and imprisoning people, that will be contrary to human rights. Some countries will defend the people of the United States because the government has confused politics with people's rights. There may be a large-scale population movement from the United States to other countries because it is no longer possible for the population to survive.

The United States has not always been a powerful country among other countries. Maybe now it is still a powerful country, but will it still be in power ten years or even 25 years later? Nowadays, many small countries are starting to grow better and if they no longer agree with the United States, they can look for other allies.
986  Economy / Gambling discussion / Re: Just like visiting a cinema on: October 26, 2023, 03:34:33 AM
Each person's motives for gambling can vary, ranging from pleasure, earning money, experience, curiosity, or because of an invitation from a friend. But those who want to find pleasure in gambling can use other methods to get pleasure.

They can go to the cinema as suggested or do other things. But if they stick with gambling, that's a choice for them. And they should be aware that things like losing money and gambling addiction will emerge after they finish playing. If they can accept it, they can continue to use gambling but must always limit themselves so as not to become addicted to gambling.

If they enjoy it, they will have no problems and can be responsible gamblers. But if not, they can experience problems and, worst of all, they can develop a gambling addiction. So when playing gambling, we have to learn to be responsible.
987  Bitcoin / Bitcoin Discussion / Re: Instagram Banned Bitcoin on: October 25, 2023, 11:02:41 AM
I don't use Instagram daily but only check it every few days. And I also don't know whether that is an official statement from Instagram or just fake news. I also don't think about it too much because it's not important to me.

Even if Instagram later bans Bitcoin, that's fine with me. Instagram is part of Facebook/Meta, and that may be Mark's hidden plan. But I don't know, that's just speculation.

And even if social media bans Bitcoin, that doesn't mean much for Bitcoin. Bitcoin will still have time to become more popular. They will only regret having banned Bitcoin.
988  Economy / Speculation / Re: Bitcoin may not hit $24,750 again in 2023 - I'm bullish till 2024 on: October 25, 2023, 09:27:29 AM
Let's hope what @OP hopes for happens. If it survives until next year, we should feel happy because Bitcoin could have a chance to rise again next year. But there is no guarantee that the price can remain at the current level because today's correction caused Bitcoin to experience a decline of several hundred dollars.

We also need to find out how long this correction will last, especially since we are only in the middle of the week. Usually, a correction will come at the weekend so we can get ready to buy more.

But no matter what happens in the market, if the price has yet to reach above $50k, it is still a good price to buy Bitcoin. I'm still waiting for a while to see where the Bitcoin price moves to know when I can buy.
989  Economy / Gambling discussion / Re: Is Gambling Generally An Illicit Activity? on: October 25, 2023, 07:59:49 AM

 Hi guys, coming through with a rather odd question this morning.

So, i was looking up on Wikipedia the meaning of Money Laundering , and below is a quote of how the site defined the term "Money Laundering"

Quote
Money laundering is the process of illegally concealing the origin of money, obtained from illicit activities such as drug trafficking, corruption, embezzlement or gambling, by converting it into a legitimate source. It is a crime in many jurisdictions with varying definitions. It is usually a key operation of organized crime.

So, after i saw that Gambling was mentioned or listed among the listed illicit activities through which money can or could be laundered, I can't help but wonder if gambling is actually an illicit activity.

Wikipedia did not mention gambling being an illicit activity in their definition of gambling here, why then did they mention gambling as one of illicit activity through which money laundering can be carried out?

Please check this out and share your thoughts.
Gambling is found in that definitional context of money laundering because it's illegality is based on jurisdictional laws. In some societies mostly those of the Arabs the law frowns against gamble making it an illegal activity for people to engage in and if caught or any money found with you gotten from gambling could be referred as illicit money more like money laundering because you're concealing the source of the money. But this doesn't apply in places like Las Vegas or Australia where gambling is viewed and accepted almost by all as a recreational activity that comes with reward. So it's for places like this that op you couldn't find anywhere where Wikipedia made mention of gambling as an illicit active directly defined.
In some countries, gambling can be interpreted as a illicit activity by the people so that people who gamble can be punished according to the penalties in that country. But that doesn't make gambling a prohibited activity in other countries because if the country accepts gambling as entertainment, people can gamble whenever they want.

But indeed, gambling can be a place to launder money like in other places. Especially if someone uses crypto to bet, they can buy crypto in many places, use it to gamble and when they win, they withdraw the money. The government will not know about this unless the government can work together with all parties to monitor suspect accounts.

So it depends on the position of the country. How the country considers gambling and if the country allows its people to gamble, that means gambling is not an illicit activity.
990  Economy / Speculation / Re: Bitcoin $5k rise within an hour plus. on: October 25, 2023, 06:21:21 AM
The rise in Bitcoin in a short time yesterday clearly brought us joy. Investors may have sold some of their Bitcoins to take advantage. However, many investors are still holding Bitcoin and not selling it at yesterday's high price.

But it is still far from the previous ATH where Bitcoin is currently still struggling to reach the previous ATH. And now, the price correction has come. This correction makes me curious because with the $34k level reached, where will the price of Bitcoin fall? Can Bitcoin price remain above $30k during the current correction or will Bitcoin price return to below $30k?

It remains a mystery to us. And people who bought Bitcoin at $33k or $34k yesterday could be worried because they bought Bitcoin at high prices. But if they don't panic about the decline in Bitcoin and can hold their Bitcoin tightly, they will see that they will make a profit in the future.
991  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: October 25, 2023, 03:59:32 AM
That's a classic move. They would only advertise the good sides, not the bad ones. Apart from everything, KYC is mandatory when it comes to casinos. That's how they check if the money is coming from a legitimate source or not. One thing I don't like is that they won't ask for KYC when registering, but when one tried to withdraw the money, they would demand KYC. And of course, they can block your account on suspicious grounds, which stinks. If you are concerned about doing KYC, then check properly before registering whether they require KYC or not.
You can check whether the casino asks for KYC when registering by contacting the support service. You don't need to register at the casino if the casino asks you to do KYC during registration. But the casino usually asks you to do KYC when you want to withdraw money, especially if you withdraw large amounts of money while you are a new user at the casino.

That will attract suspicion from the casino, so the casino will ask you to do KYC. Besides, if you are new and deposit a large amount of money, gamble on several games, and win a lot of money, you may immediately be asked to do KYC.

We must understand our position as new or old members at the casino. And if we are new to the casino, it is better to play with enough money for a while. If you want to deposit more money, you have to follow the conditions of the casino, including if you want to withdraw the money.
992  Economy / Gambling discussion / Re: Navigating the World of Online Gambling on: October 24, 2023, 01:36:46 PM
Most people would prefer real sports betting that can be studied in predictions and also watched live.
Even though we know that the gambling industry has developed rapidly at least as gamblers we can sort out which ones can be relied on and which ones might only cause greater difficulties.

Because they want to have more knowledge and experience but they also forget that every experience also costs money to get.
All of this cannot be obtained just from theory without direct experimentation.
Sports betting is more difficult than the bookie's touch to cheat, that's why I prefer sports betting compared to casinos, but it all comes back to their own views. Sometimes not everyone likes sports betting and wants to analyze the strength of teams or individuals in a match because Rarely do people want to read that, let alone predict bets correctly.

But it is true that every type of gambling always gives us its own experience, for example, I, who didn't know many football clubs, finally slowly got to know them more deeply to be able to focus on gambling on sports betting, but even so, I also often play casinos, but only just to have fun, not never too serious because I know the dealer will always win against me. experience is very expensive and indeed we have to spend a lot of money to get it.
We should seek experience from playing gambling in various gambling games, especially if our goal in gambling is just for fun. In this case, we might be looking for a gambling game we want to play regularly. But playing gambling regularly does not mean without limits because only with limits can we avoid the problem of losing large amounts of money.

Betting on sports betting can provide more fun because if we have a favorite team and we can analyze it well, there is a possibility that we can win. Apart from that, we also have to learn more analysis techniques to find the team that has the chance to win. And each person will look for the gambling game they want.

I still mostly play casino games like slots, although I sometimes bet on sports betting. But indeed, betting on sports betting can give you more wins than slot games. But that's only for people who can analyze every match.
993  Bitcoin / Bitcoin Discussion / Re: My little research. on: October 24, 2023, 11:33:29 AM
As a new person starting to know Bitcoin, you have creative ideas for accepting Bitcoin in your business. But before you accept Bitcoin into your business, you need to learn more because people who come to your shop may ask more questions about Bitcoin. You must explain to them what Bitcoin is and how to use it for payments and investments.

And before you start accepting Bitcoin, you should know the use of Bitcoin in your country, whether it is legal or illegal, so you can handle the regulators. And if in your country, Bitcoin is prohibited, you cannot continue with your idea of accepting Bitcoin because it will give you problems.

You can only use Bitcoin as a long-term investment while waiting for information or notification from your government about Bitcoin. But for now, you should start investing in Bitcoin first to join the next Bitcoin bull run, which is only a few months away.
994  Economy / Speculation / Re: Will $BTC soar beyond 35K or dip below? 🚀📉 on: October 24, 2023, 10:02:29 AM
Even though there will still be an increase in the Bitcoin price, we must be wary of a decline, especially since the Bitcoin price has managed to increase to $34k. And if we look at the movement today, there may be a correction after the increase.

And if the situation remains good, Bitcoin prices can continue to increase but we are still determining how long this will continue. Hopefully, there will be positive news that will be released so that it can support Bitcoin's movement.

We should keep an eye on price movements. Those who trade, especially future trading, have clearly made big profits. Congratulations to them Grin
995  Economy / Gambling discussion / Re: Gambling and it effects on: October 24, 2023, 08:52:11 AM
The ones to blame are those of us who cannot have limits in gambling. We must examine ourselves to find anything that needs improvement. And if we have experienced a gambling addiction, we must immediately talk to other people so they can help us immediately.

Many negative effects arise from gambling and gambling addiction is a severe effect that gamblers will experience. Those addicted to gambling can no longer stop easily because all they think about is gambling. They might even borrow money from other people to gamble, even though that doesn't guarantee they can win.

But if we are willing to try to reduce our gambling time by doing other things, such as looking for a job that can make money, we can have the opportunity to reduce our gambling time.
Exactly, certain criterias are to be considered as for wanting to quit the addiction, not only talking to people or going for therapy but self discipline and determination is what is rightly needed. Even, most people do not accept the fact that they are addicted to gambling and just keep playing till they are rendered broke and unable to care for them selves leading to wrong mental state, we should be able to advise ourselves at the due time before disaster.
That is why we must continue to practice self-discipline, especially in gambling. We will encounter many promotions while gambling. And if we are not careful, we can get too deep into gambling. And that will make us unable to stop gambling easily.

People who are addicted do not realize they are addicted to gambling. They only think about gambling and nothing else. Talking to other people about his gambling activities never even crossed his mind. They feel it is unnecessary because they think they are still fine.

Gambling addicts have felt the effects of gambling. But they don't want to admit it because as long as they gamble, they feel they can take care of themselves. But the effects of gambling can be magnified if they don't want to admit it. And it's only a matter of time.
996  Bitcoin / Bitcoin Discussion / Re: If someone holds 1 bitcoin in 2023, can he call himself rich ? on: October 24, 2023, 06:10:35 AM
The answer is relative to @OP. In some countries, owning 1 Bitcoin can be considered rich. They can buy various goods and still be able to support their families in the long term. That's because the price of Bitcoin, which has reached $34k, is very large in their country.

They can use it for various things. People must have more than 10 Bitcoins before being considered rich. Otherwise, they could be considered as people who were below the rich and were on their way there. And everything will depend on what the price of Bitcoin is. Maybe in the future, people who own Bitcoin will be rich.

But I don't want to call myself rich because that would make me a target for bad people. It's better not to say things about Bitcoin to people so we can be free to go wherever we want.
997  Bitcoin / Bitcoin Discussion / Re: Is it better to invest or trade Bitcoin? on: October 24, 2023, 04:09:20 AM
It all depends on your ability to trade. If you have the analytical skills to trade, you can trade and invest in Bitcoin at the same time. You can get two benefits: increasing the number of Bitcoins or stablecoins.

But to trade in Bitcoin, you must have patience because spot trading cannot expect to sell at a high price immediately. Sometimes, we have to wait a few days before we can sell at a high price. But if the Bitcoin market is bull-run, you can sell at a high price.

Trading Bitcoin can be done in the short, medium, and long term. However, it depends on the Bitcoin market situation because the Bitcoin market cannot always rise continuously. We have experienced that the Bitcoin market was in a sideways position some time ago, so we must wait until the price increases before selling it.

But if you doubt your trading abilities, it is better to choose the investment. Buying and holding Bitcoin will be better for you and you can use the DCA method to invest in Bitcoin.
998  Economy / Gambling discussion / Re: Cross addictions is Just as Bad. on: October 24, 2023, 02:22:43 AM
I also believe that he is spending way more on gambling than the subscription of $20 on his new shinny console, he is enjoying himself so let him, and if you think that gaming will destroy him just like gambling then you don't know the difference, the urge to play video games is different from the urge to make a fortune with gambling, one is less addictive than the other.
However, he will still become addicted to video games and can spend the whole day without doing other activities. But at least he had saved much money instead of using it for gambling. And maybe later, he can find a way to make money from playing video games.

If he could make money, that would be a great way. He could even benefit from playing video games but he has to find a way. That's like what I saw in some young people playing video games on smartphones.

They enthusiastically played the video game and answered that it could make money when I asked about it. But I don't know how because I didn't ask further.
I think changing his addiction to video games is much better and safer because it helps to lessen the expenses as well as the possibility of losing a huge amount of money. It is also much safer than using the 100% addiction withdrawal method which causes many psychological side effects to the person. Cross-addiction can occur because addictive behaviors often stem from underlying psychological and emotional issues that are not fully resolved, leaving individuals vulnerable to developing new addictive patterns to fill the void left by the initial addiction.
And as long as his new addiction isn't dangerous in reducing his money losses, maybe it could be a solution for him. But even though his addiction to video games is much better and safer, he also needs to find other activities so he doesn't play games all day. It will also reduce his gaming addiction so that he can benefit from doing other activities.

I used to have a friend who played video games every day until he didn't do anything else. His parents advised him to leave the house to see new things but he didn't want to. That has been going on for years, but he doesn't experience it anymore because he now works in an office.

So reducing addiction really depends on the person. If he can feel and realize that he has an addiction and wants to reduce it or cure it, he must find something else to do. And if he can do other things regularly, he can cure his addiction.
999  Economy / Gambling discussion / Re: Gambling and it effects on: October 23, 2023, 02:48:18 PM
We are participating in gambling activities so frequently that it has become an addiction. Surname, it is easy to fall into depression or regret after spending money on gambling and suffering from health problems related to stress, migraines, digestive disorders, insomnia... Gambling addiction causes severe financial consequences, damages the addict's relationships, and even ruins the person's career and life. Most people who are addicted to gambling only realize their problem when some severe consequences or damage have occurred.
And who is to be blamed for such consequences? Taking into consideration the fact that gambling does not causes so much disaster to a person as you out listed but sometimes due to selfishness, lazyiness most people often regrets after getting addicted. It would be funny to know that some persons refuse to go out and find their daily survivals but relentlessly rely on gambling most times dey even need to beg at first before getting the money for gambling
The ones to blame are those of us who cannot have limits in gambling. We must examine ourselves to find anything that needs improvement. And if we have experienced a gambling addiction, we must immediately talk to other people so they can help us immediately.

Many negative effects arise from gambling and gambling addiction is a severe effect that gamblers will experience. Those addicted to gambling can no longer stop easily because all they think about is gambling. They might even borrow money from other people to gamble, even though that doesn't guarantee they can win.

But if we are willing to try to reduce our gambling time by doing other things, such as looking for a job that can make money, we can have the opportunity to reduce our gambling time.
1000  Bitcoin / Bitcoin Discussion / Re: Do you prepare for a Bitcoin bull run? on: October 23, 2023, 12:38:46 PM
I have made preparations for the Bitcoin bull run, which we do not know when it will happen. I always check my wallet and the backup related to the wallet. Until now, everything is still safe because only I know where the wallet is.

If a Bitcoin bull run comes in 2024, I am ready and will sell at my desired price target. And if that happens, I will be very happy because it means I can make big profits. But if a Bitcoin bull run comes in 2025, I can still accumulate more.

A Bitcoin bull run may come a few months after the halving. But we really don't have any clues about this. And Bitcoin investors are ready for Bitcoin's bull run.
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