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October 02, 2025, 07:35:44 PM *
News: Latest Bitcoin Core release: 29.0 [Torrent]
 
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1  Economy / Gambling discussion / Re: Is Sports Betting Here to Stay? on: Today at 05:07:59 PM
As long as there is life sports betting would definitely continue to dominate in the industry. Because the fun and entertainment is what keeps us going, even though people that are not even gamblers are still enjoying the games in different ways due to the love we have for our favorite teams. Honestly, sports betting has really helped most people to overcome frequent challenges, because when you are watching football you would be super excited, and all your worries wouldn't be there anymore.
Sports are exciting, we are seeing professional athletes in competition with each other to keep us entertained, it is more real than most casino games that are automated. Sports bet have become a plus for most sports fans and as their fan base are growing so also sports bet will be growing too because fans will want to try their luck with analysis and predictions. Now we can watch sports updates on our phones and easily place bets, you don't need to be in a stadium to know how your favorite team is doing and how to place your bets. Sports have become a part of many people's lifestyles, they want to engage in sports and betting to be happy and entertained.
2  Local / Nigeria (Naija) / Bitcoin or pension funds which is better for retirement? on: Today at 01:49:59 PM
For those of us that are knowledge about cryptocurrency we know that Bitcoin is a store of value. If you hodl for long term you will be getting investment returns in bull circles. Investors can do DCA method of accumulation till their retirement.

Pension funds are a pool of funds that are managed by trusted institutions for long term retirement plans. Most pension funds managers are recognized and regulated by government which gives them trust by fund owners. Fund owners will do DCA method of monthly payments or as agreed into the account of their trustfund until an agreed retirement age. The pension fund management will repay capital + profit at owners retirement because they are using funds in their custody for businesses.

During president Obasanjo's regime he made it mandatory for workers salaries to be deducted for pension plans. Today many workers are benefiting after retirement from their funds + profit returns. Also many Bitcoin holders on DCA method for many years are very rich today.

I prefer Bitcoin DCA retirement plan than pension DCA retirement plan. Bitcoin is decentralized and I have total control and privacy over my coins through my none custodial wallet. Pension funds managers are third parties that can mismanage my funds and go bankrupt. If you were a layman and given a choice between the two retirement plans which will you choose?
3  Alternate cryptocurrencies / Altcoin Discussion / Re: Are Altcoins Risk or Opportunity? on: Today at 09:11:25 AM
All investment vehicles are a risk but obviously some are a significantly higher risk than others. Nothing highly profitable is achieved by low risk investments. Altcoins are a risk but if you invest in major Altcoins (not sketchy memecoins) you can do very well so I would say Altcoins are a risk but give you a great opportunity to make a good return.
Altcoins are risky compared to Bitcoin that has built strong reputation over them, their risks also depend on the altcoins in question, if you talk about top altcoins that have built reputation they are lesser risks than many shitcoins that are available. I personally see these new projects that are hyped now and then as mostly scams, anybody that wants to put money in them should know that they are gambling their funds. I don't see much opportunities in new altcoins, what I see mostly are risks, the uncountable altcoins that are springing up has reduced the trust on altcoins. Altcoins can give fast returns and they can also take your money very fast.
4  Economy / Gambling discussion / Re: What are the factors that makes you addicted on playing gambling? on: Today at 06:47:40 AM
Different factors contribute to addiction in gambling and one or more is responsible for each addict, they will see it as ordinary character or special interest but they won't know that they have gone overboard. One of the factors that leads to addiction is greed, some people see gambling as a get rich quick scheme, they want to get rich by all means through it and they become addicted. Another reason is boredom and stress, some gamblers will see gambling as an escape from what they are going through, before they know it they are already addicted.
5  Other / Politics & Society / Re: Being nice always bring disrespect. on: October 01, 2025, 03:44:02 PM
I quite disagree that being nice brings disrespect from people, foolish people will always pay evil for good done to them but that is not to categorize nice people as the ones that are always disrespected in the society. I have seen a lot of nice people that are given due respect anywhere people knows them, they are treated nicely because of their characters. I know that people who are nice to a fault are usually exploited because of their kindness but again it is only the foolish and ungrateful that tries to take advantage of other people's kindness. There many decent people who cannot take advantage of other people's meekness to disrespect them. There is need for nice people be to be smart so that they will know those that are unduly taking advantage of their kindness and avoid them by all means.
6  Bitcoin / Bitcoin Discussion / Re: best countries for btc on: October 01, 2025, 11:40:24 AM
are you interested in moving into these countries or starting a business that is crypto related?
Bitcoin is decentralized so you don't necessarily need to move into a Bitcoin friendly country to hold it, besides most people that holds Bitcoin is for profit purposes, they will rather hodl it for a long term than spend it. I think what matters the most is that it is not banned in your country of residence where you can be prosecuted if found to be in possession of Bitcoin. I look forward to a future where there will no longer be bans and discrimination against Bitcoin holders anywhere in the world, in that regard I also believe that these Bitcoin friendly countries will encourage others to do the same.
7  Economy / Gambling discussion / Re: Gambling has an impact on aging process on: October 01, 2025, 06:32:18 AM
I believe the main cause of aging is stress. Unfortunately, addictions make us lose focus on ourselves; most of the time, we don't even notice how we're doing, believing we're fine. There are also everyday worries, so we can't blame gambling alone; these are distinct issues and should be analyzed separately.

I don't feel like I've aged because of gambling; I've had other addictions in my life that have been very harmful to me. After freeing myself from them, I look younger and have more energy.
Gambling addiction alone cannot be the course of aging for gamblers, it can be a contributing factor for them, people face different degrees of stress in life that can affect their aging negatively. It also depends on the level of stress and frustration that can affect aging, everyday struggles for people that cannot handle stress will affect their physical appearances. If you are a tough person it will be very difficult for your problems to show in your appearance to the level of making you to age faster. Gamblers should try and gamble responsibly to reduce their stress that can affect their lives negatively.
8  Bitcoin / Bitcoin Discussion / Re: Are Crypto Reserves Becoming a Global Trend? on: September 30, 2025, 06:16:13 PM
Of course it's now becoming a global trend as I foresee more countries adopting to this methods and wouldn't want to be left out. About Kazakhstan making choice to start with BNB is not a bad plan but to me it could had been better starting with BTC at least to have a solid edge than BNB, although it could be that BNB is more cheaper but then what is their benefits if altcoin are mostly controlled by Bitcoin, and again, could they be able to handle bear market of altcoins?  As it is more corrosive and severe than Bitcoin.
I think this is the first time that I'm hearing about a country using or proposing a crypto strategic reserve that is not Bitcoin, I want to believe that Kazakhstan, must have a good reason not to follow the norm. BNB is a top altcoin and I wish them all the best, maybe it can open doors for other countries that are proposing strategic reserves to also consider top altcoins. Bitcoin specifically has built so much reputation and it is leading in the crypto global trend, I foresee more countries proposing and implementing Bitcoin strategic reserves in the near future.
9  Economy / Trading Discussion / Re: Lessons From Overtrading on: September 30, 2025, 01:27:38 PM
overtrading does not only affect your portfolio balance, it also kind of drains your energy, focus and even confidence to some extent. many new traders think more trades mean more profit!!! but most times it just brings more losses and stress. it is better to slow down!! wait for a clear setup and enter with some patience. even one good trade in a week can be more valuable than 20 random ones. trading should be with purpose not just to feel busy or just trying to feel like a trader. like it or not the market will always be there, so there is no need to chase every small move. sometimes the best decision is to stay on the sidelines and protect your capital until the right opportunity shows up!!
Many newbies in trading thinks that it is a get rich quick scheme, they want to rush in and place as much trades as possible to get quick profit and move out but they soon learns from experience that trading requires patience. There is no need to overtrade because you don't control the market, it is better to observe more and than being in a hurry to enter your trade. Most traders who overtrade don't have good testimonies to give, in the end they are often drained both physically, mentally and financially so it is not worth it for people that wants to actually make profit from trading.
10  Economy / Speculation / Re: Whale sell-offs: still panic-worthy, or just normal these days? on: September 30, 2025, 09:54:46 AM

- Are we entering a new era where whale dumps no longer shred confidence because institutions are ready to buy the dip?
- If that’s true, maybe those “dumps” in the past few days aren’t cause for alarm, just part of market rebalancing.
- But then again, what if institutions are just delaying the drop, not preventing it?


I think at this point whales dumping isn't a big deal. Beside from institutional buyers, there are also the growing retailers market.

The institution may only here to delay the drop but I don't think they're foolish enough to just dump it in one go.

I'm sure these institution players is here to hedge against inflation and that means long term holding, not just flipping money.
There is no cause for alarm if any whales starts to offload their stash on the market, unlike before that it can cause a major panic on the market we now have more retailers and institutions to buy their Bitcoin and balance the market. Bitcoin adoption is fast increasing and more people are becoming aware that it is a store of value. As distribution and demand of Bitcoin is increasing we will be noticing that any dip is an opportunity for more investors to buy and hodl so I think there are those that are waiting for buy opportunities to increase their bags.
11  Economy / Gambling discussion / Re: ✨The best strategy✨ on: September 30, 2025, 06:36:54 AM
what's the best strategy to make money in crypto?

can be on casino or other ways too, let me know in the comments
There is no easy way of making money in crypto, whether it's in gambling or trading, cryptocurrency are volatile and they carry a lot of risks, except you want to hodl Bitcoin on the long term, that is the only safest way that I know. Newbies in gambling should know that gambling is not a job or an investment that you are sure of getting paid or making profit. The chances of losing money in gambling is more than winning in it, you need to be smart when gambling, use only amount that you are comfortable to loose. Cryptocurrency in gambling is just a means of payment, you need to win before gambling can be profitable for you.
12  Economy / Gambling discussion / Re: Individual freedom or social problem? on: September 29, 2025, 04:23:52 PM
I think there should be a balance, the gamblers will play their part and the government will do likewise to protect their interest by regulating the casinos. Aside from taxing gambling companies it should be the duty of a government to make sure that there is fairness where gambling companies will not exploit the rights of their gambling customers, they will think twice before doing so. It is left for gamblers to gamble responsibly, it is their money and they should have freedom to spend it as they want, if they don't they cannot hold the casino or government responsible for their failures. Casinos have their TOS and anything outside of it cannot be put on them, gamblers should gamble with amount that they are comfortable to loose.
13  Other / Beginners & Help / Re: How can I save my seed phrase? on: September 29, 2025, 12:49:52 PM

This is the first time I've heard of someone carving their seed phrase in stone, is he living in the stone age or what? but fillippone has shared a way to secure your seed phrase Securing Your Seed Phrase with Washers. In that thread fillippone shares how to secure the seed phrase in detail. Maybe you can try that way to secure your seed phrase.
Lol so funny... There are several ways you can store your seed phrase, I don't think where you write the seed phrase matters that much all that matters is storing them properly having a secured place to store them that won't affect your carvings or write ups. If you believe carving it on a stone is safe and won't wear off it's fine but you have to make sure to keep it in a place very safe and reachable, somewhere it won't get exposed to people or something that can affect it. Some people write them on papers but end up keeping the paper in a location where it won't be exposed to fire, water or anything that will destroy it. Also it's not bad to make duplicates and store separately just in case of unforseen circumstances.
Where you choose to write your seed phrase is not as important as where you will hide them for safekeep, you can choose to carve them on a stone a simple piece of paper what actually matters is how well you secure them. If you can share your seed phrase and hide them in different places it is better, if somebody sees a part of it they cannot access your wallet and coins, although this strategy has it's demerit. If you lose a part of the phrase that you hide in different places you also risk losing access to your coins. Your whole seed phrase should be hidden in more than one secured locations, the security of your coins is entirely on you.
14  Other / Politics & Society / Re: Do you think we are enjoying our human rights? on: September 29, 2025, 09:52:30 AM
I think that it depends on the country, from what I heard people in America, and many European countries enjoy human rights, the government of these countries respect the dignity and rights of their citizens. But the same cannot be said about most developing countries, citizens in these countries are denied their human rights because they don't have a voice. Their justice systems favors the rich and influential people, they can get away with crimes and abuses, the system shields them from prosecution. The poor are treated like they are nothing, their rights are taken away from them and there is nothing they can do about it. Most of these countries that don't respect their citizens human rights are mostly poor and backward, they don't like the poor to have a voice to speak out against them.






15  Economy / Gambling discussion / Re: Is Sports Betting Here to Stay? on: September 29, 2025, 06:52:08 AM

It depends on preferences, gamblers who are not into sports will mostly not be interested in sports bet, they will be more interested in casino luck based games where they won't need to analyze anything. But I get it the number of sports bettors are increasing because many of them are lovers of one or more sports and it will encourage them to be trying their luck in predicting results to win some money. Generally the starting of online gambling has made sports bet and casino games like slot to be more popular because of the convenience of gambling from anywhere.
16  Bitcoin / Bitcoin Discussion / Re: What else have Bitcoin done for you apart from making money on: September 28, 2025, 02:39:15 PM
I will join in what most Bitcoin holders have in mind as their priority for holding it and that is profit and privacy, almost every other reasons centers on these two core reasons. Firstly for me is profit, I personally think that most people that accumulate and hodl Bitcoin to make profit don't care so much about privacy, they will gladly supply KYC requirements to a CEX to buy and sell Bitcoin. Another reason that is related to profit is that people no longer trust banks to keep their money on the long term, they believe that it will continue to depreciate, that is why they trust Bitcoin which is a hedge against inflation. Lastly is privacy, this is for people who want privacy and freedom, they don't want any government regulations and interferences and Bitcoin is decentralized which takes care of that want.
17  Economy / Economics / Re: The Economics of Scarcity on: September 28, 2025, 07:50:56 AM
As human beings we want a lot of things because we all like good life, nobody wants to suffer so our desires for material things becomes insatiable, the more we want new things the more attractive ones are emerging. It is not everything that we want we actually need so if we don't have the resources to get everything we want then we have to separate needs from our wants. Needs are essential things like food, rent and healthcare while wants are getting the latest car and vacations. Since the resources (money) to take care of our needs and wants is not abundantly available or scarce we have to forgo our wants then concentrate on our needs. Wants are not what are important or immediate so we can plan for them.
18  Economy / Gambling discussion / Re: Is gambling all about profit. on: September 28, 2025, 06:24:44 AM
Gambling is all about wins and losses and we need to understand that the chances of losing is higher than winning so every gambler needs to be smart about their gambling bankroll. Always use small amounts that you are comfortable to loose because it is likely that you will lose the money that you used to stake. Don't borrow money to gamble with and never borrow anybody money to gamble with, it is as simple as that. I don't know how professional gamblers do it because I cannot recommend anybody to take gambling as a job because you are not certain of making profit.
19  Economy / Speculation / Re: Are you satisfied with the outcome of this bull run? on: September 27, 2025, 04:57:53 PM
In your own view, do you think Bitcoin performed below or above your expectations in this bull run?     
I thought bitcoin will get to $100000 and fall back but it went as high as $124400. That is above my expectations. Bitcoin has always been performing above my expectations since I know it in 2019. It is still above $100000 till now and it is still doing as if it is not coming back to $100000.
I am quite satisfied too with the achievements of Bitcoin so far, I remember that there were a lot of speculations whether Bitcoin will reach $100k and eventually it did and went on to reach a peak of $124k. That achievement was a milestone for me, I believe that it made many people to believe in the potentials of Bitcoin to reach $1m in the future. Although I'm hopeful that we can touch more ATH up to $150k before bear run starts but if it starts now there is nothing we can do about it except start all over to speculate and wait for another bull run.
20  Local / Nigeria (Naija) / Re: Is Bitcoin the Future of Money or Just a Digital Asset? on: September 27, 2025, 11:07:08 AM
Bitcoin means different things to different holders, the reason why one person holds Bitcoin is same reason why another person can see it as something not worth holding. Some Bitcoin holders likes the fact that it is decentralized, they want an alternative currency that gives them freedom and privacy from government regulated traditional currencies. Some holds Bitcoin because it is a store of value, they want to hodl for a long term for profit, they will do DCA method for years to accumulate enough stash. Whatever reasons that anybody has for holding Bitcoin it doesn't change what it is, a digital currency that has limited supply and it is decentralized. Bitcoin is the future of money to those that knows it's value and holds it, it doesn't need to replace fiat for it's value and adoption to keep increasing.
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