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521  Bitcoin / Bitcoin Discussion / Re: The Relationship Between Cryptocurrency and Traditional Banking on: February 16, 2024, 11:09:36 PM
Cryptocurrencies are not threats to traditional banks. Many countries banned bitcoin and all other cryptocurrencies in the past but after some of them know about what cryptocurrencies are, they unbanned them. Today, all countries that accept cryptocurrencies and the ones that are very friendly with them have no problem, their banking sector has no problem. You can even see in those countries that some banks are allowed to hold coins and tokens for their customers. Banks can even embrace cryptocurrencies.
We are far from the misconception that Bitcoin is a threat to the traditional financial system,  banks have misled governments on the real ideology and role of Bitcoin in the economy and for sure cryptocurrency is just an alternative and not a replacement for the traditional financial system.

But now some countries are beginning to have a better and clearer understanding of what role cryptocurrency plays in the financial system and at that, they are beginning to take advantage of the freedom and independence that comes along with cryptocurrency,  but for now, in my country I haven't seen any bank in my country making public ownership of bitcoin or any other coins since the central made a reversed statement on the ban of bitcoin and other digital currencies
522  Bitcoin / Bitcoin Discussion / Re: Knowing when to own your bitcoin on: February 16, 2024, 10:59:24 PM
There is no time is right to buy Bitcoin you can buy when you have the amount of dollar you want to buy with, there are people who haven't heard about Bitcoin yet but if in future they hear about it they will be interested to be an investor….will you say is the right time for them to buy or not the right time due to the rapid increase in Bitcoin one can choose to buy now that is right time for him others can choose to buy tomorrow that is right time for them.
what makes the difference in bitcoin investment is the available cash flow to buy as much as you possibly can,  because even if you bought Bitcoin at the current price,  you will still be in profits by the time the bull market comes so for me there is no time such as right time to buy Bitcoin regardless of how much you bought it.

It can only mean something she you want to buy a small portion and holding for just short term,  but as long as long as it is for the long term then pricing bean all all-time high is still a good buy price for Bitcoin.
523  Economy / Speculation / Re: Best time to buy BTC NOW? on: February 16, 2024, 10:46:05 PM
Im too wussy to say yes to this question because it seems high risk to me.    In terms of hype, trading momentum and a positive atmosphere then yes now is a good place Im looking at the chart and its a definitely a possible breakout which can lead to fast gains.    Fast up very often means fast down also, so its not an easy game.    You can play it as a trade, I'd equate it to riding logs down river to deliver them; efficient fast and very dangerous but some like these ideas.  I'm more the type to advise buying in low prices as much nicer bigger gains but possibly taking years.
I have same feelings like you also because at the moment Bitcoin is too expensive and since the anticipated bull market is still far aways and 50k+ is such a high price already,  am afraid that jumping into investing in Bitcoin right now may be a big ball in a small cycle and at that you may be over stressed before the full value pull out of the current cycle,  so for that I may have to wait for a whole with the hope that Bitcoin price may give a discount opportunity before the main ATH which is right now unspecified in terms of timing.

When it comes to bitcoin,  it is best to buy at a relatively low price instead of jumping in at the wrong high price which will automatically increase your waiting time.
524  Economy / Gambling discussion / Re: The person who can’t control emotions in gambling will never earn money from it on: February 16, 2024, 10:37:44 PM
Your emotions could actually do either way. If you are losing and you have become emotional and you want to chase that loss, you might end up losing even more. But if you won and you are also emotional and you are afraid that if you continue to gamble you will lose your money, then you will definitely go home with a win rather than a loss.

Emotions could indeed interrupt you in gambling, but it could actually be for your benefit rather than for your detriment.

You kind of correct on the roads that emotions can work, either for putting fear in your and you find the escape route by not playing again after winning or by making you lose control and getting you to commit yourself into further and continuous playing. However, the stake for continuous playing as far as emotion is concerned is higher and that is why gamblers lose more. Human has an element of greed and so it will cause continuous playing to win more.
So which ever ways,  emotion is a bad actor in gambling and at that we need to over come it while gambling and for whatever condition either be is winning or trying to recover from a loose trend,  we have to work on our emotions to the point that we put it under full control and by avoiding it influence in our decisions while gambling.

We need to accept that gambling is far from emotions and feelings and that it's all about principles since without those principles we can't make any viable decisions that can help us in any form and at any point can we help ourselves to make better decisions if we keep emotion in play but with the principle we can just apply such to our daily gambling life and also make such advancement that will end us in a good position at the end of the day e
525  Local / Nigeria (Naija) / Re: The increase of altcoins on: February 16, 2024, 10:25:26 PM
Altcoin investment is a gamble and with the high rate of scam projects headed by fake teams,  there is a need to do adequate research before we put our money down on those coins,  right from the 2017 altcoin boom,  the market has been flooded with tons of coins that never make anything good for their investors unless for a few of them that have a good user case and ecosystem that support their liquidity and value.

And just like some other members already mentioned Ethereum,  BNB and other exchange coins are in that category of the only viable altcoin,  all others without such community support have all ended as scams or other dump coins.

So as a newbie, I advise that you look away from altcoin for now and concentrate more on bitcoin and the few other coins available.
526  Alternate cryptocurrencies / Altcoin Discussion / Re: My wealth plan in the next 3 years from today on: February 16, 2024, 10:17:51 PM
A three-year plan would be a nice cycle and a wait for cryptocurrencies. Focusing on only one coin as your investment choice and that coin not being predictable at the moment can be very problematic. Yes, it would be better to leave money in cash. Cash is always important to buy at support points, but you need to reconsider your altcoin choice and at least consider spreading it.

However, the final decision is yours and this is your journey, who knows, maybe Tron will be a good decision.
This is true, because giving a coin that has no history of records and at a base level a three-year investment plan is a risk too big to take at some point and this could possibly result in severe losses at the end and for a better experience and to be in a good position one need to invest in coins that already have an established record and track records,  instead of just risking your investment on an unknown coin,  I suggest that one should hold coins like Bitcoin and some of the few altcoins that already have good track record in the market.

If I must choose any altcoin as an alternative then I will first of all consider ETH and a few other already listed coins that are already doing great in the market,  so focusing on one coin may be risky and at most the expressway to losing because you put your eggs in one basket which is a bad choice in coin investment,  there is need for diversification.
527  Alternate cryptocurrencies / Altcoin Discussion / Re: Pepe coin. on: February 16, 2024, 10:02:36 PM
This is far from the truth and Mark Zuckerberg is not in any way related to Pepe Coin Although we had a few stories about the Facebook CEO wanting to dive into the world of token development,  but we haven't seen any development in that regard yet and in recent time,  Mark may have shifted attention to some other things aside from token development.

I believe, that even though Mark wants to develop a coin,  it won't be aimed at overriding the existence of Dogecoin or even be a competitor in any form.
528  Economy / Gambling discussion / Re: Why in some religion gambling is forbidden? on: February 16, 2024, 09:06:29 PM
When we talk about religion we cannot dine the forbidden things like alcohol, prostitution and many other things in this topic we will discuss why do gambling is forbidden (Haram, interdit) .
So can you tell me why is it forbidden in your religion?
And for the non religious persons what you think ?

Interest Ask. I'll tell you what I heard about this. In religion, people rely on God, his plan and his power at work in our lives. There is one God and there cannot be another. While previously, non-believers worshipped the goddess “Luck” and believed in her, which is considered unacceptable in many religions. There is God and his power and hoping for luck is contrary to religion
While we are at that,  we should also take a closer look at what we mean by God and religion,  because when it comes to sensitive discussion topics such as this,  we need to make out adequate analysis of the subject matter and to wholly separate them from one to another.

Gambling is restricted by some religions,  but we can't say that gambling is entirely an ungodly activity such as other sins such as stealing,  killing or other severe sins that are outlined in the Holly books,  so gambling is only frowned upon by some religions and at that we may not conclude that all gamblers will go to hell based on how the religion made it look as what makes that religion to have such harsh stand against gambling is the fact that gambling outcome could be a severe outcome that could affect everyone in theost negative ways,  and this only happens when the gambler is irresponsible in his actions.
529  Other / Politics & Society / Re: Are most scammers from Nigeria? on: February 16, 2024, 08:47:23 PM
Here in our country, there is what we call a "love scam".  Most Nigerians will engage with naive local women then extort money from.  Some of the victims that I know stated that they will ask for your bank account then they will use it for money laundering.  The will transfer large amount of money then transfer to other bank accounts.  They do not even know where the money came from and the Nigerians will not reveal any information about it.  But because of their relationship and love and trust with the Nigerian, they will just permit them to do their thing and continue using their accounts for money laundering.
If you are from a country that has a system that works,  such an account owner is in danger of being felt with as the first responded offender and he goes to jail for being so stupid to allow her account to be used for such unlawful transactions,  I read somewhere on social media where a woman carried out to the public about her husband arrest and detention because he allowed a scammer to use is UK bank account to receive a large sum of money for a scammer from another country a d being given percentage.

Some of these scammers have a large network base and have spread across countries,  using one another to perpetuate such acts and sharing the percentage.

So for that,  we can't really say for sure which country scams the most, because most of those scammers work as groups and sometimes even bank staff are part of the scam network.
530  Other / Politics & Society / Re: Are children born out of wedlock is still a blessing from God? on: February 16, 2024, 08:30:53 PM
The thing is that God regards all humans as equal and at most marriage institutions were established in this world but childbirth is divine,  although legitimate childbearing is mostly acclaimed by society and not divine from God because God is only interested in the human nature and how he left his life on earth and if God does regards marriage so much,  he would have not given unmarried people children and only allow those who have legally married to have a child alone.

But today you find some married couples with long years of childlessness while unwanted pregnancy and children born out of wedlock flood every corner of our today's society, this points to the fact that God chose to give a life to whoever is engaging in sexual intercourse irrespective of their marital status.
531  Economy / Gambling discussion / Re: Is there any fun in losing while gambling on: February 16, 2024, 08:11:09 PM
Regardless of how much we lose in total while gambling,  it is still very important for us to know that losing is something that is highly demotivating and in the long run will ruin your fun which is what we first look out for in gambling,  so losing is not pleasant and not a welcome experience but since gambling is all about losing and winning,  we have to prepare for it and welcome and vear it when it happens.
Losing when gambling is something that most gamblers avoid even though basically gambling is just for fun. Of course, when all gamblers lose, they will definitely not be happy and indeed if they lose often it will actually damage their motivation. If this happens, we should rearrange our strategy. However, what I want to convey is that there is no joy when you lose in gambling, there is definitely a feeling of disappointment, it's just that we are willing to accept defeat because we know that in gambling games there are bound to be winners and there are losers.

Yes, defeat is the final result that most gamblers always do not want, only a small percentage of them are able to accept the fact of defeat at the end of the session and some others act impulsively or chase victory with the aim of returning something that has been lost, especially addicts. On the other hand everyone does not like losing including those who basically gamble with the intention and purpose of entertainment or fun, but the difference here is that there are some gamblers who do not get too emotional when they lose (have responsibility) and most others as I said above that losing becomes a situation that will make them do everything out of control. Actually we can conclude about whether they are responsible gamblers or not is when they lose, if at that time they are still fine and not too disappointed or no emotion at all then we can already confirm that they are one of the responsible gamblers in the sense of knowing that gambling is a "possibility" activity, meaning you may win or you may lose.
I have always tried as much as possible never to allow my emotions to take the better part of me at any point in time,  since I know the devastating effect of allowing emotions into my gambling decision and state of mind,  although just as you rightly said,  gambling by chasing a particular direction is a bad approach to recovery in the case of losing while gambling, so for that our ability to be I total control and being able to move on easily is what define us as a responsible gamblers.

And if you want to build such stabilise mindset towards gambling,  you should start by first taking gambling as just for fun and not a profits making mechanism, because that is what many gamblers are taking gambling lately and this wrong ideology have led to many devastating outcome for them on the long run.
532  Economy / Gambling discussion / Re: Most challenges faced by gamblers on online casino platforms? on: February 16, 2024, 06:59:36 PM
For me, I think the most and common challenges faced gamblers is in the area of bonuses and the wager requirements that goes with it, you all will or would agree with me that most times, and for most casinos, the wager requirements they place on some or most bonuses are so ambiguous, that most of the time, you possibly will have to lose all the bonus amount, then deposit your own money and continue to play, and most times still end up losing your whole money without still reaching or meeting up with the wager requirement placed on the bonus that is already all gone.
Bonuses and it wager requirements have been most contending challenge that is face by many online casino users and just as we have being discussing in many topics here,  many have voiced out how frustrating it could be trying to meet a wager requirements most especially on casinos that have high wager requirements of up to 5x of above.

But it's ok if the casino can implement just a 1x wager on bonuses and deposits instead of making different wager requirements for both deposit and a different amont on bonuses.
Quote
And speaking on the possible solution to this, unfortunately, I think there is absolutely no solution since it's all in the hands of the casinos, it's their call and they do whatever they want, and also, reducing the wager requirements to a very minimal level might also trigger abusers, who would want to abuse those bonuses by creating multiple accounts and so on.
So, let's just say there is no solution to this.
I agree with you on the need to have minimal wager demands on bonuses,  because that is the only way to keep legit casino user positive and to subscribe to those bonuses, just like myself,  I hardly claim bonuses and the reason being that,  I may likely not be able to meet up with the wagering demands for that bonus and trying to meet them may result into losing my entire deposit and accumulated winnings.
533  Economy / Gambling / Re: FreeBitco.in-$200 FreeBTC⭐Win Lambo🔥0.2BTC DailyJackpot🏆$32,500 Wager Contest on: February 16, 2024, 06:34:25 PM
It's down for me too

Why doesn't Quin post here anymore ?

Is this site going downhill ??
This is possibly the first time the site is down for me since 2015 I joined and staring using FreeBitco, but all the same, I don't think there is any reason to panic, FreeBitco have been into a lot of stuffs lately, we could see the several new innovations like the price prediction game, the sports betting game and so on, I believe the devs are working on some upgrades to enhance the usability and user experience on the site, and possibly to apply some more functionality.

So, in essence, the site is good nowhere, we all just be patient and the site did be back up in a jiffy, this could as be as a result of a DDoS attack, so, whatever the reason for the downtime is, I trust FreeBitco well enough to not leave this space without informing their users first.
I also tried to access the site but to no avail,  I think something may be wrong with the site and with the time taken for them to come back up, it looks like this is not a normal maintenance mode and at that, we need to look at other possibilities that could be the cause such as attacks.

Btwn we need to wait for an official statement from the team since freeBitco is an old casino that has a long track record of persistent operations so just packing off overnight without notice to customers may not be their intention but an accident
534  Economy / Gambling / Re: Casino vs. Stoc,Forex&Crypto Broker: Who's Really Playing You in the Money Game on: February 16, 2024, 05:31:15 PM
You know how casinos lay it all out, they're taking a gamble just like us? But get this, brokers might just be outdoing them in their own sly way. I’m saying brokers might actually be worse. Why? They’ve got this neat, little setup where they rake in their shares through bid-offer spreads and commissions, all while carrying zero market risk.
I believe you got this broker thing all wrong!!

From my experience from using different brokers, if you looking for tight spreads when it comes to executing trades..most likely you will encounter commissions which will be higher as a service for executing a trade or using their  platform, and btw depends on what assets you trade, but it doesn't cost an arm and a leg and if you don't want to miss trades, or not tagged into a trade better pay these small fees!!!

As for gambling, it's usually based on what you see is what you get but unfortunately, the risk here is high but at the end of the day pick something that works for you!!!
Gambling is far different from stock brokers or forest trading as we can have bit trading and so on but in gambling there is nothing like that,  and to win a game it depends on you and your luck,  but in trading, we can still have some tools that are available to use in other to get advantages over the trade at all time.

So for that, we need to give space to build that understanding of the difference between the two and not to get too much entangled with much comparison that will make us to miss out on things.
535  Economy / Gambling discussion / Re: You can not win if you do not risk on: February 16, 2024, 02:16:47 PM
Good day guys, how is the gambling industry helping you this period?

However I just want to say that in the game world gamblers are always there to bet and the important thing here is when a gambler can not risk he also can not win, true or false?
Many might still believe that a gamblers who's just gambling at the first day might end up winning w huge amount of money that he wasn't expecting but the truth is that as long as you stake on bet you have already risk your money, be it big or small.

That's true that gambling involves money and those who win in gambling have to invest and risk their money but the most important thing is that this does not mean that you risk that money which you can't afford to lose.
The best thing and the most beautiful thing in gaming is to risk that money which even if you lose does not have an affect on your living and your mind. Now the question you may ask is that if gambling is so much risky then why should we be even invest a little portion of our money in gambling?
The answer to this is that the returns in gambling are very high, sometimes in gambling the winning amount is too higher that they may change your life style all altogether but the gambler needs to understand that the risk of losing the money is even more higher so these things should be taken it to consideration while gambling.

This ideology doesn't just work for only gambling but all other faces of life,  if you can't take risks,  there is no way you may make any headways in the long run,  and as long as long as you are a gambler, risk is one thing that is closer to you and what makes you different from other gamblers because, by the time you failed to take the risk,  you miss out on the rewards so is a give and take the world.

We have a popular saying in my locality that states:  fear can save your life,  but fear can never give you what you want.

So with that mentality, you are sure that everything you want is on the other side of fear,  and by taking calculated risks,  you move above those fears.
536  Economy / Gambling discussion / Re: Escape Debt with Gambling: A Dangerous Cycle on: February 16, 2024, 02:07:43 PM
First ask yourself,  whether or not what he is doing is right or wrong and taking advantage of a bug to abuse a casino is an entirely wrong action and at that if you are caught you may lose more than you won.

Secondly, if he finds a bug as you said,  and has a hard loan of cash out from the site,  why then is he still broke to the point of requesting for financial help from you?

You need to be very careful and not to risk what you may not afford to lose since he has already convinced you to a certain level right now,  and you feel that the mechanism is working.
537  Economy / Gambling / Re: Betting without losing your money/no need for deposit on: February 16, 2024, 01:57:53 PM
Maybe instead of wasting time on this gambling, it is better to focus our thoughts on the casinos here that have been operating here for several years, such as Duelbitsm, Stakescoin, Rollbit, LiveCasino, and others like them. who are even active in their signature campaigns.

At least with these casinos I mentioned, you don't have to worry about their reputation because many communities here trust them to play on their gambling platforms.
But if you really want to have new experience then using new casino is quite an interesting choice, we will get experience playing or betting that we may have never had before.
This is interesting because he stated that there is faucet that customers can get but I myself will not try it because I know very well that faucet like that will not necessarily provide the benefits we hope for.
I think those who want to try and get new experiences can access it, but personally in the future, I will prefer to use casinos that have clearly proven reputations and are already big, this is one of my priorities in gambling because the service and comfort are the best.

Well, you mentioned almost all the big casino names that are here and have clearly proven reputation and trustworthiness, for those who don't want to take risks, it is better to use the casinos that you have mentioned.
For some reason I don't feel it attractive to try new casinos,  just because I want to have a new experience,  this is because most time,  I fail to meet my luck in those new casinos and in trying to experience that we end up losing the money we intend to gamble with if we have no luck on the casino,  this is why we have to make sure that we remain only on casinos that gives us that greatest feelings and best of luck at all time.

So for me,  regardless of what comes may,  I still will remain in the casino that I have my most luck in and not just jump from one casino to the other.
538  Economy / Gambling / Re: tell me the best online casino on: February 15, 2024, 11:22:33 PM


1. Making some research
2. Fact and reputation check
3. Verification
4. Issues/complaint hunting

This is why its not really that hard if you are really just that mindful about doing those basic stuffs on which you
wont really be putting up yourself on such trouble if you do just simply do those things alone.
People are really just naturally lazy.  Smiley
It's laziness that makes some people not to be able to fine the best casinos around,  even if not from this board,  if you take a close look at what we have being getton from this board,  you will discover that yes it not a hard job to locate such good casino to place out trust on or handling which is something that have being bringing up as we are comments and contribute to their ann threads.
539  Economy / Speculation / Re: 60k possible before end of this month? on: February 15, 2024, 11:04:02 PM
Sincerely speaking,  I look forward to seeing even more than 60k Bitcoin price in this week or month,  this is very possible to achieve considering the pest at which Bitcoin has been moving in price recently and how the price of bibitcos has been a steady pump lately.

So with that understanding,  I will not hesitate to speculate the possibility of such a price at any point in time and in achieving that we have to remain positive and take the right action that will support the price to keep moving up continuously.
540  Economy / Gambling / Re: What would you like to ask a crypto casino owner? on: February 15, 2024, 10:55:34 PM
This could be a nice conversation for players.

I think I would like to know if there is percentage of winning rate for players per day between the casino. Because most gamblers believe that the casino has an edge over the gambler so getting such question across will also make the owner understand that players are already feeling biase with their winning chances. Grin
Most active casinos users will welcome this kind of discussion session since it going to give them the chance to ask whatever questiotheg wish
H to ask and getting the right answer to that question,  and most importantly what we except t see in the casino that will better the overall players experience.

Most times, casino users will want to to have this kind of opportunity to make use of chances to get direct answer to some things.
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