I think you are right Op. Majority of gamblers that over stake and sometimes probably end up as addicts are actually making those wrong moves and mistakes because of their intent which is fueled by greed. Some other times some gamblers end up being blinded by their emotions and continue to place bets over and over again even when they are losing and end up losing even more than the lost initially which prompted them to blindly stake.

Weather foot baller, musician or not, it's very improper to stake above your means as a gambler. Every responsible gambler should have a boundary and limit to how much and how often they carry out gambling activities.

A paper wallet is more of an offline backup method therefore you'll still need to access the wallet to be able to make use of the funds. Just like Zaguru12 mentioned, all you have to do is make use of a safe wallet software like Electrum to access the wallet by importing the seed then you can sweep the funds if you wish to.

Bitcoins can be sent either ways and via any address. The different addresses, which are the SEGWIT compatible and SEGWIT native are upgrades to the legacy address format it order to save more fees and reduce conjestions on the block chain. This was carried out I think around periods 2017 and 2018 when Bitcoin adoption increased significantly resulting to the earliest form of network congestions.


Fees are measured by how much space your transaction occupies on the block chain. Also, the larger the fees you make use of , the higher the chances of getting your transaction added to the next block sooner.

Every gambler has his level of responsibility when it comes to Gambling activities and often times, that level of responsibility is measured by how they stake coupled with how much time they attribute to making bets and engaging in gambling activities. In gambling the common sense I would attribute this post to discussing about is actually that of being able to properly manage your stakes as a responsible gambler during Gambling activities.
This is because if you observe closely gambling addicts are classified as addicts mainly because of their inability to economically manage their funds during bets. Therefore most of them end up staking irresponsibly. As responsible gambler should stake what he can afford to lose not important funds like his salary or income earnings.

When placing gambling bets , most of the time the gambler often measures  his level of confidence based on how much he is able to analyze the bet based on some factors like his. Level of experience and even his calculative ability based on that game relative to how much luck he hopes to have on his side to be able to ace the bet. However sometimes analysis could go wrong and even in a confident state, the gambler can also lose the bet.
This is one of the main reasons why gambling is often referred as a game of luck. This is mainly because even when gamblers are able to input their calculative and perspective ability they still depend on some level of luck to be able to make gambling wins. Even if the level of luck isn't same as well as huge for all games it is still an important factor.

Firstly congratulations op . Promoting gambling is relatively neutral in my opinion. The fact is gamblers will still gamble weather or not advertisements are done or not. The only difference is that with gambling advertisements gamblers have a vast availability of casinos to choose from. Similarly weather  gambling advertisements are available or not, core gambling haters still won't carry out gambling activities very easily. In my opinion Op your move is quite ok as long as gambling isn't something that is viewed as an illegal act in your country.
Sporting and gambling podcasts are quite common and engaging these days. I have come across a couple of them and they are quite interesting especially  for gambling sports lovers.

The truth is that a question of this nature is actually relative . Different societies have their different values, views and perspectives on how they view certain things. When it comes to Gambling some societies view it as a neutral act, some others view it as a wrong act. Most of the time I have come to notice that most society and people that perceive gambling as a wrong act are often acting as a result of their religious beliefs and values as well as codes.
Every society is classified based on a lot of things including the group of people that make up that particular society as well as their generally accepted values and code of conduct. It is quite obvious that in a group of gamblers, (which can be viewed as a mini society) gambling will be seen as a normal act. However in a group of haters, it would be perceived as a wrong act.

I don't agree with this. Although trading comes with its own level of risk, just like almost any other profession, it can either be taken as a side hustle or a full time job. It actually depends on the person in question. Trading is a full professional job and a lot of persons out there have it as their core source of income and I really don't see anything wrong with it. Just like we have responsible gamblers, so also we have experienced traders too.

One thing that people fail to understand is that trading is something that requires time and analysis. Experiences traders also understand risk management properly and are also good at applying it during the entire process.

Firstly Op don't store you coins on an exchange because although they are not decentralized they also have full control over your coins. Now since you are going to be hodling the coins, I guess  you won't be visiting them often therefore for a safer option I recommend you store the coins on an offline wallet ( a cold storage) or an air gapped device. If you are going to be making use of an air gapped wallet you should make use of an open source wallet and the best I'll recommend for you is ELECTRUM.

Make sure you have a physical back up of your wallet seed phrase and if possible your master private key also. This will help you recover your wallet even if the air gapped device eventually crashes. Wish you positive results in your Bitcoin hodling journey.
Don't forget to keep your keys safe 😁

Thumbs up for spotting this out _act_ . Making Bitcoin investments is not a job or profession that someone takes as a full time job. Except you are of course a crypto trader which will require you to have certain level of skills experience and and ability to analyze the crypto market properly. Even if you invest in Bitcoin you should also have a job or a reliable source of income. The investment should be more like your 50/50 way of battling inflation.

Op your idea is actually can be a very misleading one especially to crypto newbies. In summary, the context of your post is suggesting that Bitcoin is some sort of money making scheme. If you put it into perspective those that are currently profiting from Bitcoin are Hodlers who Invested very long ago. Long term Hodlers are the ones who profit the highest from Bitcoin hodling and you can't hodl for long term without a source of income.

I make use of mycelium sometimes and I have noticed they usually have issues relating to connections some times just like Charles-Tim mentioned. They however recently made some updates to fix the bugs but I don't know if the problem still comes up .
Firstly make sure you are making use of the most recent version. Secondly make sure that you are connected to the network with a nice connection. Also make sure that your wallet is properly synced with the block chain. If you are having a hard time fixing the connection problems simply back up your seed phrase and uninstall the app the re download the latest version and import your seed . That should do.
Make sure you also have a strong internet connection and check if Tor bridge is turned on sometimes it prevents it from connecting though it is a safer network channel.

Op let me start by spotting out the fact that the graphical representation of supply in this post is wrong for that of the one you illustrated as the one you intended for Bitcoin. The reason is simple.
The supply of Bitcoin isn't actually increasing slightly like the graph is illustrating, however it is constant. Bitcoin has a constant supply cap of 21 million coins. The economic aspect behind it is the rate at which coins are circulating. The rate at which new Bitcoins are added from the supply to the circulation is cut in half after every halving event. This causes demand to rise thus causing the value of Bitcoin to increase.

The graph you used op should likely fit better for the demand of Bitcoin after every halving event but still for a proper analysis it isn't supposed to be a straight line graph or chart.

Here are two graphs for illustration


Bitcoins pumped into circulation is constant every 4 year but it's halved after every halving event.

Of course such proposal is actually a scam one. To start with, Bitcoin is not some sort of private or governmental organization or company that has some sort of customer care unit or customer service help desk that can help you retrieve lost wallets.
When I first went through this post the first idea of possible things they could do is a dust attack. Likewise, the victim in question may probably and unknowningly give out his wallet address to these scammers and easily they can monitor and track the user's transactions via a block chain explorer or the Mempool. If they are able to link it to an exchange account, then they can get more info about the victim to be able to attempt hacking probably via phishing.

This is a very good advice as sometimes in trying to play smart over the scammer, you may unintentionally give out information about yourself and coins that may seem harmless to you however is already a base information for the scammer to work on. So just like fat fork said , avoiding a conversation is best.

The previous replies before mine have already given you good information. In addition to what they have recommended, make sure you stick properly to the rules against plagiarism on this forum because I noticed that it's what a majority of newbies fail to do, therefore because they want to rank up they end up making use of AI to make posts or even copy articles and write ups from other sites without putting a reference when using such information to make post.
Read important topics especially if you are a crypto newbie and don't forget to also engaging in important discussions while trying to practice easy ones you can . These will help you gain experience over time.

Firstly op let me start by saying that the likelihood of that happening is near zero. Because technically if every single node should stop working then the bitcoin network would not be regarded as a network. To start with nodes are just computers that share and store data on the Blockchain. Nodes work together forming the Bitcoin network, Infact  the idea that all these nodes have a series of protocol that they all follow makes it impossible for errors like fake Bitcoins to be generated on the network.
Also let's not forget that miners infact run nodes because without them having connection to other nodes and the block chain in general they won't be able to add coins to the network by hashing and also confirm transactions by Linking and verifying the origin and POW of the coins being sent.

Hi cygan sorry for the late reply I have been trying to track the shipment but this is the message I have been receiving from my country's postal site.



Last time I was able to get info about the post, it was already in the state of my country where goods first arrive. I hope I get it soon thanks

Op are you sure you sent those bitcoins to the right address? And besides how sure are you that you imported the right seed phrase?
Sincerely op your problem is a little confusing.  The reason I am saying so is if your transaction was sent from an exchange ( if not a scam one), it should have been received within a maximum period of 24 hours. This is because a majority of exchanges have mining pools while smaller ones accelerate their transactions under big pools for faster confirmation.

On the other hand, if the fees were too low, (which an exchange will almost never do) it should have been dropped since except some nodes kept broadcasting it which is quite rare. Op if you have a TXID for that transaction , kindly verify it on a block chain explorer or the Mempool. If not confirm that that exchange is not a scam one and also make sure your wallet is synced with the block chain because that's only when it can update your balance.

Besides did you make use of a public key instead of a an address?

This is quite a nice question Op. Now my reason for saying so is quite simple. If you come to think of it, Bitcoin is a decentralized crypto currency and for decentralization to be effective , there should be no sort of primary center of control rather the control or rules should be made by a majority idea not a single unit. In the case of Bitcoin the users, developers,and miners are in full control over the entire Blockchain system except core protocols like the base code of Bitcoin.
Therefore in my opinion I believe more developers would be nice for the Blockchain since that would mean more people sharing the total collective power of decision making on the block chain.

This is one of the more reasons having more developers would be nice. Just like the 51% rule, it would be easier for developers to protect and monitor the block chain properly with a larger magnitude of collective efforts.

Bitcoin is a electronic peer to peer cash system with an added feature of decentralization. Of course making payments via Bitcoin is nice however here in Nigeria I advice people to act neutral when it comes to crypto transactions this is because if you observe closely you would notice that the government is pretty much against crypto.
Bitcoin is a fine alternative to the world banking system but the fact is it's not a replacement. The world is moving fast in terms of technological advancement and hence we are trailing in the digital era therefore digital banking system will be implemented more and more over time but the likelihood of Bitcoin replacing fiat is near zero . If you come to think of it, Bitcoin is even value and priced in dollar which in turn is also a fiat currency.

I have raised a similar post like this in the past however in my post I was emphasizing on the quality of the pidgin here in Naija board.  The main reason I made that post was because from my observations I noticed that reputable members who are not members of our local board were looking down on Naija board especially because of the quality of the pidgin we used here. The pidgin were more or less English that had little mods which isn't supposed to be so.

With this particular thread I hope Naija board members take pidgin seriously. Pidgin and English are both accepted here in Naija board however making use of pidgin makes posts kind of lovely and informal. The truth is as much as some of us here wants pidgin to be the main language here which would be nice, some posts are still better off as English. Some persons here may even have a hard time reading the pigin of certain users but the truth remains it will be difficult to make the whole board pidgin. This is because pigin doesn't really have a strict format unlike other languages like German, french..... And many others.

As a responsible gambler the thought of taking a loan to fund your staking during Gambling activities is something that should be off consideration. Gambling is not an investment that you can pump money into keep high hopes that profit will come. No matter how nice and fancy gambling odds can appear loans should be off limits. If you should even think about it properly, it is economically wrong to take debts for the purpose of fun.
And since gambling is a fun activity then you obviously as a responsible gambler shouldn't borrow to place bets. The earlier a gambler is able to understand these basic rules the better his gambling habits.