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1001  Economy / Trading Discussion / Re: Experience on Bitcoin on: March 11, 2023, 09:19:23 AM
I was late to invest in bitcoin in the past years but that's okay because even if people decide to invest in bitcoin now, you are not too late and still have time to get started.

We regret it but must try to start while we still have time. We can't turn back the clock and can only use this moment and try to own more bitcoins before the price increases again. And now we are being given another moment to buy bitcoins as the price drops deeper than yesterday. So take advantage of the opportunities that exist, and do not despair.
Great that you accept it while many people I see are regretting too much. They didn't realize that there are people who are much later than them. I think as long as Bitcoin still have some supply left, its value can still pump in to a different level that none of us can't imagine.

We can start buying and Hodling Bitcoin today even if its price isn't that cheap enough because we are sure that we can still earn a profit in the future. If someone thinks it's high enough. They can still invest in smaller portions. There are much cheaper alternatives in Bitcoin, namely altcoins and tokens but I do not really advise them. Yes they are cheap but the question is if they can last longer like Bitcoin.
1002  Economy / Trading Discussion / Re: Share your Crypto experience. on: March 10, 2023, 05:19:48 PM
familiarity with cryptocurrencies, specifically trading Given that I prefer investing over trading, I'm still relatively unskilled. I don't trade much, so I don't have a specific approach, but of course I am aware of the proper procedure. Although I don't like trading right now, I never know whether I'll do it again. I'll ensure that I've learned a lot before I get started.
So if you prefer investing over trading, why you must familiarize yourself more with trading when both acts are different? Trading is not simple and you can only waste your time if you won't engage on it after you master it. It is okay to be unskilled in investing because you will mostly do nothing here right after you buy the coins you think will have a great future. Picking coins isn't that hard as well because there are guides on different websites if what coins are best depending on our preference if we want either short or long-term.

@OP, no you did not enter on a wrong time but it was actually a perfect timing because last year was the start of the bear market but in fairness you acted mature enough as a newbie in cryptos. Just continue what you are planning and you will survive this bear with a profit in your hands.
1003  Bitcoin / Bitcoin Discussion / Re: Advantage of holding Bitcoin in time of crisis on: March 10, 2023, 03:33:42 PM
If the Nigerian government observe the impact of Bitcoin as negative and wants to turn the public against Bitcoin, it could be a big mistake for that government. Because it is a decentralized system that any government can not control it but it would be better for that government to take good initiative to control it. As we have seen it happened in India. India is said to be a potential country for cryptocurrency. The government initially strongly opposed it, but later allowed its use. The Nigerian government should also consider how to regulate its positive sites. It should be remembered that the demand for bitcoins is constantly increasing worldwide, so no decision should be taken that people reject.
The mistake is on the people who use Bitcoin because they use it wrongly and not with their government because it is only observing them. If only those people use Bitcoin the right way, Bitcoin on their country won't be banned.

If you are on the same position of their government. Will you let your people lose money and do illegal things with Bitcoin? If you are careless and also do illegal things, yes but if I am the government I will educate my people the right way of using Bitcoin. I will gave them a second chance in short but if they repeat the same mistakes again, I will be forced to permanently ban Bitcoin in my country for good.
1004  Alternate cryptocurrencies / Altcoin Discussion / Re: In the best interest of investors, Bounties shouldn't be paid in Tokens on: March 09, 2023, 08:50:16 PM
It was a great idea if the goal of the owner is to keep his token success because mostly the dump happens when the bounty hunters received their token and all of them start selling and they don't care of what will happen to the project. Though the problem really is the cost paying on it like others dont have really enough budget to pay those bounty hunters that is why they are going to pay then via their own token. I seen couple of bounties before that pays in USDT but still bounties is really paid by their own tokens
I don't think all BH are selling their coins once the bounty is over. Some of them are also like us who knows how to hold a coin in order to maximize their profits however if they think that the bounty is a scam or weak to last longer, there is no point of holding the tokens.

Dumping is part on how this market works so a project owner should not be worried about that. Even if they don't conduct a bounty campaign, there is still a possibility that some investors will dump coins for the same reason I said above or if they need an emergency money. A good project will always find its way to recover so they must not worry if they knew that they have created one.
1005  Bitcoin / Bitcoin Discussion / Re: How do you feel selling your BTC against your plans? on: March 09, 2023, 08:18:49 PM
If you regret selling your bitcoin, remember that there was someone who sold their 30 BTC for drugs on Silk Road way back in 2012[1]. That wasn't even an emergency in the first place; it was just a craving for someone who wanted to have a little adventure on their own Grin.

Kidding aside, if you don't have a choice but to sell, move on already and start accumulating or DCA'ing again instead of feeling sorry for yourself due to an uncontrollable situation. Whatever happens, happens.
There is no need to regret selling our Bitcoins because I believe that we did that on purpose and if not then we still have our Bitcoins with us but what's the point of doing this? That's an interesting story you got there but drug addicts are always in need of drugs so what they did there was still considered as an emergency. Before we invest in Bitcoin we are always advised to not put our eggs in one basket.

Other than diversifying this could also mean that we should not put our whole wealth in it so that whenever there is an emergency, we still have a cash in our pockets and this is the one that we are going to use and not the Bitcoins that are inside our Bitcoin wallets.
1006  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: March 09, 2023, 08:11:19 AM
Auxerre vs Rennes

This week's match will be very interesting because both teams have strong goals to move up the standings. We know Auxerre, who in the previous few matches appeared very impressive and little by little they have hope to leave the relegation zone this season. For Rennes they need this win to close the gap from the top 4 and of course he wants to keep away from Lille's pursuit. In the betting exchange it is clear that Rennes will be favored to win this match, but I have quite a doubt that Rennes will fail to steal full points at home to Auxerre. I think betting the 0.75 handicap for Axuerre's advantage is a pretty good option even if the match ends in a draw for the two teams.
Auxerre current form is surely impressive, and they are having 9 points from last five games which are bringing them to 17th spot, and now they have chance for the pull out of the relegation zone which is going to be positive change for them in near future, but Rennes is also good team even their away form is not good, but they still can do better performance in this match for having better difference of points from Lille which is having just one points difference and if Rennes lost this match or have draw then surely they are going to catch them for this spot and Rennes can go out of the top race which is surely no ideal situation for them after giving the best performance in this season for many weeks.
1007  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: March 08, 2023, 09:38:43 PM
Bayern increased the pressure in the second half and as a result scored two goals, but one was canceled due to offside. With a little more than half an hour left in the match, I doubt very much that PSG will have enough time to rectify the situation.

Bayern are clearly stronger than PSG, despite the stellar squad, neither Messi nor Mbappe could help their team. But if you look at the statistics, you might think that two equal teams are playing.

I expected a more meaningful game from Tottenham, but it looks like everything is going to the fact that Milan will be able to keep this draw and continue their way to the Champions League in the 1/4 finals.
Now, after 70th minute game things are completely under control of Bayern Munich because they are already having 2 - 0 on aggregate and PSG is nowhere near to score their first goal of this round which mean another disjointed end for them in Champions League, and we are going to have drastic changes in PSG setup as well for the next season because PSG management having dream of winning this big European event and nothing positive happening for them in last one decade even they are already spent more than any other big club in Europe so this time again they are down and out without anything positive which is not acceptable for them and this is going to be not good.
1008  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: March 08, 2023, 06:01:01 PM
AS Roma still have serious problems, especially on their front lines, that's what makes me a little unsure about them. Real Sociedad is having a better performance when compared to their performance last season. This match will be very difficult to predict because the strength of the two clubs can be said to be balanced now, maybe it is true that they will play with a draw in the first leg, especially since they have never met before, as far as I can remember. So they will study the club's strengths in this first leg and in the second leg they will play by exploiting the weaknesses of the opposing team that they have learned in this match.
This is surely going to be match of this round as both quality teams from top European Leagues are going to fight for their spot into quarterfinal which is surely going to be challenging AS Roma is currently at the third spot in Serie A and Real Sociedad is also at fourth spot which mean both are doing good and have to do better than current level if they want to stay for the title race in this season Real Sociedad was doing good in last few matches they are surely poor and losing their momentum which is concern for them and if they want to have better result then surely they have to regroup themselves otherwise AS Roma is surely quality team and their recent form in domestic league is improved which is good here I have feeling in first league Roma is going to win this match, and then we will have heated second leg match at Spain.
1009  Economy / Trading Discussion / Re: Threads on local currency with bitcoin! on: March 07, 2023, 07:01:30 PM
So use a VPN, to access cryptocurrency exchanges that are located in other countries. This can help you bypass the restrictions and trade cryptocurrencies more freely.
But don't forget, even if cryptocurrency trading is not illegal in your country, you may still be required to pay taxes on any profits you make. Be sure to understand your tax obligations and keep accurate records of your transactions.
VPN isn't a good way to hide your internet connection, because the VPN you used know your real location and they might share it to your government. Anyway any centralized exchanges do not allow to use VPN otherwise your account will be flagged and you need to provide your KYC.

Well @OP isn't talking about how to evade from taxation, he's asking a way to trade Bitcoin in illegal countries, so it's off topic to discuss about tax.
It's not the internet connection is the one that VPN hides but it was his country which are tied to an IP address. VPN changes our IP/country actually (not hiding it) so that we can now access those restricted websites. There are other ways of doing it and not just via a VPN. VPN isn't the best but others can be difficult to perform for a regular individual.

There are still good kinds of VPN out there or the ones which are premium/paid. This ensures that they are not hiding anything from us. I think there are CEX which are not strict and can allow VPN's but in order to be sure about it, let us always make it a habit to read their terms and conditions page.
1010  Economy / Economics / Re: Why is Inflation Happening All Over the World At Once? on: March 07, 2023, 05:36:15 PM
Why does it feel like the global economy is going through a downturn? Maybe due to the inaptitude of leaders and misguided policies! It's outrageous how narrow-minded decisions can have such extensive consequences. Rather than prioritizing the long-term well-being of their economies, leaders are too often focused on short-term gains and political maneuvering.

The worst part is that average citizens suffer the most. Inflation has a greater impact on the poorest, and soaring food prices and low savings rates can lead to significant difficulties. It's high time for leaders to set aside their egos and work for the benefit of their people, before it's too late. And I never trust the government will do that. I will buy bitcoin instead
It's not only about how bad or good their leaders are because why the problem happens in all countries and not just on the countries that has a bad leaders? An economic downturn might only be a natural problem. It could not be 100% avoided but there are measures that can do in order to survive it.

For inflations, I know that Bitcoin is one of the best solutions for this. There are some leaders who are not patient enough and they focus on the short-term ideas first but I think once they proved that it wasn't really beneficial, that would be the time that they will change their approach and try long-term plans this time. We should be calm and wait for it.
1011  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: March 06, 2023, 08:14:16 PM
Freiburg seems to have lost its momentum. A draw is too little. They have not played at the level expected of them in recent weeks. The chasers are getting closer slowly  and if Freiburg does not win the next games it will be hard for them to keep place 5 or 6. They have to win their next two games. They should be able to do that against Hoffenheim. And  a win against Mainz would be important to keep them at distance.
Yes, Freiburg has experienced a decline in performance so it is difficult for them to be in the ranking that will put them in the Champions League. I don't rule out their chances of getting to that place, but they have to continue to be able to make themselves better and not lose a lot of points every week. They need to fix what is the problem in their squad, so they can improve their performance to be in a better place.
There is no doubt about Freiburg but here I have to add few more things about this it's not alone Freiburg if you are able to check all teams which are currently at the 3rd, 4th, 5th and 6th spots losing their momentum and have decline in performance as well which is surely going to hurt them with few teams which are trying their best for having better spot until end of this season can spoil them which is currently not easy but still possible Mainz and Leverkusen both are doing good job which is good sign in league table but still we have good matches which can change the table, and we can surely expect something which is unusual because soccer is game of surprises and shocks and any result is possible in any league and match.
1012  Alternate cryptocurrencies / Speculation (Altcoins) / Re: what do you expect from cryptocurrency? on: March 06, 2023, 03:59:21 PM
And in this market, where you can make a good profit by just buying and nothing else, people still end up not making a profit at all, which is the weird part. I know it sounds unrealistic to some people, and they can't wrap their minds around the fact that it could be this simple, but it is! and this is why everyone should do it.
that is Bitcoin mate , meaning we must mention a specific currency when talking this in general term .
[/quote]
That is 100% true. People (myself included) keep advising everyone that it would be wise to just invest and hold it as long as possible, I keep saying the same thing to everyone I know as well. But this is true for things like bitcoin or ethereum, they can pick a shitcoin and they could lose all their money if they do the same thing.

It is always important, from short term trading, even including day trading, to long term investment, no matter what you do, it is important that you take care of the situation very well and do not pick a horrible shitcoin to invest. Otherwise you are going to end up with a situation that will cause you to lose a lot of money.
1013  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: March 06, 2023, 01:31:11 PM
Regardless of how Arsenal won in their last game, I think they have managed to restore confidence and now Arteta has to really focus on facing the remaining few matches and now four points remain from Manchester City who are in second place, Arsenal must play carefully enough so as not to make mistakes. Manchester City's chances are still quite big and it depends on how Arsenal play the game in the next few matches.

Surprisingly Liverpool slaughtered Erik Ten Hak's team quite tragically, Cody Gakpo, Darwin Nunez, Mohamed Salah and Roberto Firmino became so scary in the second half, while Manchester United were powerless and lost concentration, this is Manchester United's worst game this season.
No doubt this win is giving impact how strong they are for this season and win title no one was having thoughts after conceding two early goals they can fight back like this and have amazing win which bring back confidence and lead of five matches as well which is now surely going to help them for having good eye on this year's title even Manchester City is still having strong case for challenging them and fight back for to defend of their title, but Arsenal players are also full of qualify and confidence under amazing leadership of Arteta.

Liverpool's win is also shocking specially while you have score like 7 - 0 and all their attacking lineup firing it's good win and alarming for the opponents as now they are also back in their best specially Gakpo, Nunez and Mohammad Salah which were not at their best for last many weeks.
1014  Economy / Speculation / Re: Bitcoin 2023, Bullish or Bearish? on: March 05, 2023, 08:16:58 PM
I believe we are still not in a bull run, even if bitcoin crosses $25k, there is no guarantee that it will continue to run up one circuit without a correction afterward. In view of the fact that we are still a long way from the halving, I can sure say that bear season has not yet ended. This year is still the right year to accumulate bitcoin and is the last chance to own cheap bitcoin. Once the halving comes, we won't have a chance to see 2x bitcoin again.
We are not on the actual bull run but we are heading there because the price didn't drop heavily. It only paused a bit but later on it could continue again hitting the higher prices. Correction can also happen but it does not totally prevent bitcoin from reaching its target. Time can fly so fast especially if you don't check often the dates.

We won't notice it that one day we are now at the halving event already so make sure that you guys already stocked up a lot of coins so that you won't missed this rare party. What I know is that the max value bitcoin can get is 1 million usd therefore 2x, 3x and so on is still possible for bitcoin even after a couple halving has passed.
1015  Economy / Gambling discussion / Re: My $300 bet won $417,000 on: March 05, 2023, 06:42:29 PM
Luck is an important factor in gambling it will not always favor everyone. OP has shared his big win but not yet shared his big loss. I think he has big losses too. After all he is undoubtedly lucky and experienced. He also asked some of his friends to bet there because he was very confident. ‍Such moments may come to many but considering proper money management and risk factors, many do not have the courage to bet and failed to big wins.
All of us has our luck and as well as bad luck but there is no way to tell when they will occur. There are times that you and your friend or other people are lucky all together but there are times where your results are different from them. What can we do if the OP only share his winning and not his losses? He isn't planning to open up a betting service so don't be pressured too much about it and besides, losses are more common than the big wins so this must be the one that one must celebrate.

There is no time to think about the negatives as it might only lead to negative feeling and possible revenge. We all know that it's bad in gambling.
1016  Economy / Gambling discussion / Re: F1 Formula Sports Racing - Sportsbet.io promotions & discussion thread on: March 04, 2023, 09:11:32 PM
-snip-
Go watch the replay testing.

Then, you will know why they're gonna win in these years even my self fan of ferarri. During the pre-testing, it's crazy how smooth the wind was directly on their cars compared to other team.

The person who designs aerodynamics flow redbull is deserve a raise.
Lol, he is called Newey and the dude is the person who designed the most championship winning cars ever, he is not even close to anyone else at this point and just taking it further. No person has won as much as him, which shows how great he is as well.

Right now, Red Bull is pretty close to the floor right now, and to be able to do that without bouncing like Mercedes is a proof that dude already figured out the problem last year when others haven't, and others are trying to fix it this year like Mercedes seems a lot better, whereas Newey already took it a step further for the downforce and they are just simply taking the margin of victory higher at this point.
1017  Economy / Economics / Re: Motley Fool Adding $5 million worth bitcoins on their Balance Sheet on: March 04, 2023, 04:25:04 PM
I think this is a reasonable action since the price of Bitcoin is still quite low, and then it will show growth. If I were a whale, I would also show everyone that I believe in Bitcoin and buy it. This shows other people that they can enter the market calmly.
It looks like an avalanche effect, and Motley Fool has launched its snowball.
It seems that influencers are fully aware of how they can influence the cryptocurrency market.
"Influencers" start "influencing" everyone to buy when the market is in ATH/near ATH during peak bull cycle? Why? Because they want to sell to us and take profit from us, the plebs, the newbies, the poors.

It's the perfect cycle for a new strategy. Buy the DIPs during peak bear market, and front run everyone if you want to sell. But if in doubt, just HODL.
They don't really need to do that because people will just automatically buy on their own. Now that we are close to the bull run, many newbies are excited to fill their bags with coins. I think move like this that influencers are doing, will fit better on the early days and on the middle of bear market because there are people who are still in fear of buying coins thinking it will dump more and they think it's now the end of the crypto market.

Overall, I still find this as a good news because I think they are sincere about this move. You know them big companies, they always do a DCA just like El Salvador and Microstrategy last time who reportedly buys bitcoin even if the coin is already at the recovery stage.
1018  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: March 03, 2023, 06:53:28 PM
Bournemouth is one of the weakest teams in the Premier League. The Bournemouth team is now in 19th place in the points table. And so Arsenal should not have much problem getting full points in this match. However, no Premier League team should be underestimated. Because almost every team's squad here is good enough. Arsenal is playing very well this season. However, Arsenal has a record of losing against weaker teams this season. Arsenal lost against a weak team like Everton. And so the Bournemouth team should not be underestimated. Arsenal is also likely to lose points against Bournemouth if they make any mistakes on the field.
In round 26 Arsenal is going to extend their winning streak from three to four and twenty for this season because after losing against Manchester City at home now they are doing better job and having learn their lesson which is good because now most crucial part of this season after leading from front now it's time for them to boost their title hopes after many years Bournemouth is surely going down with their current form and performance both are giving impression their time is ended in Premier League, and now they have to pack their business for the Championship in next season even right now things looking interested because we have five teams which are fighting hard for the survival but most chances they could be in trouble.
1019  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is the future of bitcoin without powerful nations? on: March 02, 2023, 06:55:50 PM

Bitcoin is designed against the financial system that is abusing the consumers for centuries. Since the financial system is under direct control of government, that's the prime reason why they are against the bitcoin.
I don't think Bitcoin is in danger because of opposition from government side. See how much bitcoin has progressed despite opposition from governments. Bitcoin is not only censorship resilient but also government opposition resilient.      
maybe they are successfully rejecting the advantage of bitcoin for the people but till when? nowadays people are learning and learning about the advantage of decentralization and with those? Government in the future will have no choice but to admit that fact and let people use and support crypto.
I know that this will take time but eventually it will happen.
as we are now counting more and more people getting inside this market and investing and using crypto as transaction payments.
I think it can still run for a couple of years up until many countries have successfully adopted Bitcoin and that is the time they will re-consider their decisions if they will now unban BTC or not. I think Majority of the people nowadays joined Bitcoin because of the potential profit that it can give to them and only a few of these people care about its decentralized feature but I guess that was still fine as buying and hodling was still an act of supporting Bitcoin.

We already saw how Bitcoin climb up to $69k last time. If only not because of the bear market, it still can reach for more. This only shows that BTC can do well without the help of other powerful nations.
1020  Bitcoin / Bitcoin Discussion / Re: The fruit of greed is never good,, on: March 02, 2023, 09:46:40 AM
Although the credibility of the story is in check, the message is clear still that greed is dangerous and can make you loose all your investment if you are not cautious. It is an attribute not to be accommodated unless it can be met with strong thinking to ensure that the drive that greed brings does not make you make a wrong decision. The greed that most people have is what makes them more prone to becoming victims to scammers who know how to always entice and lure these people.
Yes, the story seems somewhat strange, because Bitcoin wallets do not provide support for WEB3, but the only possibility that I see reasonable is that his friend used TrustWallet, this is a WEB3 wallet, which is a diversified wallet that can contain many coins in addition to bitcoin and can be linked through most sites .

If the wallet is linked to the suspicious site and they get a SEED then they can steal all the coins in the wallet including Bitcoin.
What about trust wallet? It's also a kind of web 3 wallet and it supports Bitcoin. Maybe this was the wallet that his friend use and his friend carelessly visit random links and connects the wallet when it was prompted. Other hacking scenarios would be if his friend enter his keys on a shady website.

So far only noobs will fall to these attempts as it was obvious already that it was a scam/hack if you have some experience in the field of cryptos. At first I wonder why the OP said his friend is greedy but I realize that maybe his friend click on a fake free crypto offers. Nothing is wrong with that, as we all love free stuffs but the main problem is that his friend only lacks of knowledge.
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