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341  Economy / Economics / Re: What did elon do wrong in Twitter on: January 10, 2024, 08:56:01 PM
Wait a minute I used to think online is the next generation if your not going online your toast but elon musk just lost funds in Twitter trying to take it fully online. He sacked almost all the employees ,replaced them with bots and now he is trying   to sell it . Don't mistake me I'm not trying to criticise the dude but i don't get why this happened for real his plan was nice trying to reduce cost of work . But what went wrong
Twitter usage is really going down I think the app is more boring . What do you think we all know elon this might be another business Strategy right Undecided

Elon is a control freak, but one that has had a few lucky breaks when it came to business. He made a lot of money from his stake in Paypal, which allowed him to buy many talented people and fund different ideas. If he wasn't such an arrogant and stuck up asshole, he might be a role model for how to be a billionaire with some of the pioneering companies he has backed. However he definitely has an ego problem and isn't anywhere near as smart as he thinks. He also doesn't like when people question him, so when he decided to make Twitter his soapbox and was rich enough to buy it, it meant that nobody could then talk badly about him over there. However he never had a plan beyond that and spent way over the odds to buy it.
342  Economy / Gambling discussion / Re: Does it looks responsible as woman telling husband you gamble? on: January 10, 2024, 08:34:47 PM
Quite sometimes now i have been active in the gambling section and have pick interest to start gambling i have gone through lots of material in both the forum, i have seen that I can control my emotion as well as controlling my finance this includes;

  • Not involving myself in a revenge gambling
  • Not chasing profit after lost
  • Not involving oneself into compulsive gambling
  • Not solely replying on every game to be 100 percent correct
  • Not hoping that gamble is guaranteed
  • Not gambling with all my income or salaries
  • Among all, gambling for fun and not to enrich oneself

The point is my husband doesn't know that i have been secretly gambling and involving myself with gambling discussions and the rest, So, this morning when i woke something in me keeps telling me i should let him know to understand my involvement  to practice gambling.

Does this worth telling him or not please i need you collective ideas.

If you're having to ask the question here, then you're not going to get the right answer quite simply. The fact that you aren't more open about it, means that you might consider it shameful or something that should be hidden, when if it was no problem at all you might just consider it light entertainment that you do occasionally. What are you even looking for? If you just consider it a form of light entertainment, that you spend maybe half an hour on per week, then why would you need to share it or hide it? Just do your own thing. If you have it under control, then you would have no problem if he looked at your accounts, maybe you're down a few bucks or maybe you are ignoring the fact that you've really lost thousands.
343  Economy / Economics / Re: My little forecast for finances and economy 2024-2026 on: January 10, 2024, 08:25:53 PM
Based on chart explained all as trader,Real Estate: we are at dead cat bounce will be sideways market in 2024
2025-2026 the 30% -50% crash from the current prices UK EU CANADA USA Au.

Gold, expecting correction soon 30-45% down.
Bonds,nothing special but 2026 Will be good to cash out bonds.
Btc: 2024 nothing special stable sideways Market.
Crude oil bull run year 2027-2028

Over all: we are on fake out stage. Charts don't lie.


About btc ETF case,well If it does the btc price would go to 100k+ in one day but there is no instututional capital funding inflow into "long and call positions" show's btc january super max price 45k and in very extreme case 50k, strong resitance.
And there is no orders ready to support price to go even to 70k so ETF approval most likely year 2025-2026 once they ready to approve i will see that before.

Don't agree with your analysis of property, at the moment people are facing very high interest rates which has squeezed a lot of people who were overextended out of the market. That is causing a bit of a pull back on property prices, which is a rare scenario because it is trending up most years. Due to this spike in interest rates, it's causing a bit of a backlog of new buyers and people who don't reach the high threshold set by mortgage lenders. Once central bank rates start to subside, home builders will have more incentive to ramp up production and the housing market will start to thaw again. Not to mention that commercial investors in property were also feeling the crunch at higher rates and will face huge relief as mortgages come back down. I'm not sure you have what it takes to call yourself a trader, as most would only call themselves an expert in one or two of these areas.
344  Economy / Gambling discussion / Re: Long-term profitable strategies on: January 10, 2024, 08:14:58 PM
Let's discuss long-term profitable gambling strategies, as well as the elements of such strategies. It is not even necessary to back it up with winning statistics (although no one will mind). It is enough to write that “I think that this strategy is profitable in such and such a game or in such and such a form of gambling.”
       Elements of profitable strategies are also quite interesting for discussion. I know that for long-term profitability, risk management is of course much more important. However, what is equally important is what leads to profit in addition to risk management.
     If your profitable strategy is of a proprietary nature, if it is secret and you do not want to write about it, then you can limit yourself to general reasoning. I think that this discussion will be useful for everyone and perhaps it will prompt some of their own promising ideas.

I get the feeling that there is long term potential to make a profit in sports betting and horse racing in particular, however you have to come up with a viable strategy which you track over the long term. If you have a bookmaker with reasonable odds, take a view of what the market looks like on a betting exchange like betfair 24 hours before the race. Then look at the same odds a minute or two before the race begins, you can quite often find large discrepancies which might allow you to build up a hedging strategy if you can pick enough good bets. There is a fair bit of movement in these odds and some large numbers involved, I've seen horses go from 5th favorite to 1st favorite overnight with nothing changing - you can pick out attractive horses based on their prior runs.
345  Economy / Economics / Re: Crypto: a place where everyone makes money, but few secure it on: January 09, 2024, 09:41:52 PM
I was reading coinconfessions, and it occurred to to me that most of those who are in crypto go through a phase where they make lots of money, but eventually lose it all or most of it due to wrong decisions taken due to having lack of financial knowledge.

Some start fresh with lessons learned and make it back, for some having huge unexpected money come and gone creates a downward spiral that they feel hard to get out of, almost like they were better off not having this unexpected wealth come in first place.

Most people go through familiar stages of life, but it can come at different times for different people. Some will learn their important financial lessons early on, maybe even by the time they are 21, which can set them up on a great trajectory for earning later on. Others might only figure out some basic things when they pass 50 years old, and yet others still will never learn about how powerful financial instruments work. Take mortgages for example, in a world where prices seem to be constantly and incessantly pushing up, few people in their twenties might be able to avoid a house and never even start scratching the surface of what a mortgage is and how it works until they really need it - but as Warren Buffet said, it's the only form of debt that is worth it.
346  Economy / Gambling discussion / Re: Your gambling life could affect your relatives lifes. on: January 09, 2024, 09:05:16 PM
I have come across Local gamblers who are addicted to gambling and had ruined their selves by themselves til they ran bankrupt yet they borrows money to gamble at all means even While being indebted.
Theses sets of gamblers doesn't have remorse nor conscience about their gambling lifestyles instead their friends and relatives are the ones who bears the shameful consequences the addicted gambler brought to their circle of relationships.
At the virtue of getting the unbearable situations to an end, the relatives broadcasts the chronic addicted gambler at all costs of gambling boards never to give him privileges to gamble in any of the Gambling arenas anymore else they (the relatives) would sue the gambling boards owner.
This is just how recklessness could mess your life of you can't take control to gamble responsibly.

Take note and be aware that your way of gambling could affect your relationships and the circle of your relatives.

Unfortunately this scenario can happen in many different scenarios and comes down to an individual becoming addicted to something. I've seen very similar things happen when it comes to drugs, even ones that have been legalized for a long time like alcohol. The reality is that we all choose our own destiny, many of these people could reverse course at any point in their life, but they need to hit rock bottom and accept that is where they are. Then there are those people who live in denial, even tricking themselves into thinking that it is a happy way to live, these are the most dangerous and unsalvageable ones - because they have adjusted to misery for so long they start to actually enjoy it.
347  Economy / Economics / Re: How we survive food shortages on: January 09, 2024, 08:12:09 PM
Food shortages have being a big problems in the global world today where tremedious things are happening people finds it difficult to buy food especially,rice products,climate change has devastated  the whole global world where crops can no longer do well in the farming system,believe with this new information about the crypto space can  our climate change system be put together where there will be high rate of food shortages in the global world as a new beginner I want to know we can fix this things I mentioned.

I think this is highly dependent on where you are located and what sort of resources you have available. Many people in the West might find this an alien concept if they're working every day and bringing in a salary, that can at a minimum avoid them basic food and the occasional luxury. A lot of people can also be quite wasteful in their lifestyles, whether that is becoming addicted to cigarettes, or over indulging in alcohol or even picking up a more expensive hobby like collecting sneakers. If you asked them to lay out a budget that might allow them to save more and make their money stretch further, they can often protect these things even though they might be one of the biggest money sinks in their lives.
348  Economy / Gambling discussion / Re: How often do you win? on: January 09, 2024, 08:03:02 PM
From rising topics and lots of risk advise and content that has been shared in this section is enough for many of us to start leaning and put them into practice. Hence I understand that many people here often win or maybe twice a week or once a week maybe could be monthly, and I also believe that there are people who hardly make winning they can gamble for weeks and months without any possibility of winning at this point why don't we share our games.

Maybe anyone can decide to share his game and let those interested to should pick and play on their favorite gambling site, with this help we all can win together, the most important thing should be that everyone understand the gambling rules and for that can only bet with whatever they can afford to lose. If any game is posted by any reputable user here that does not mean that such person is 100% correct and hence shouldn't go bet with their entire life savings, the point is we should be able to carry this mindset that whatever may happen at the point of betting we might win or lose.

I don't know if such thread already existing or maybe, have been locked due to issues that was on grounds or could be that the thread is no longer effective if any please ref me then I can put this on lock as well then I will be more active over there.

I win almost every day, but then again I play free spins at a gambling site and I have no idea why they haven't blocked my account yet like the dozen other sites out there which did so. We're talking a few cents some days, and every couple months there will be a bumped bonus where I might win $20 from the freebie slots. I occasionally place a small sports bet on to mix things up, but they are much more 50/50. Almost any time I've played the lottery, which is maybe once every few months when the special draws are on, then it's a pointless loss and the few times you might win is an insulting amount like 1.5x the amount you paid for the ticket. You have to be quite disciplined and fortunate to take this approach though.
349  Economy / Economics / Re: Imagine African countries using Bitcoin to pay salaries, on: January 08, 2024, 09:58:32 PM
I don't know if the government of any African country have adopted the system of paying salaries in Bitcoin, but I know here is Nigeria they haven't, it's possible to pay employees using Bitcoin or other crypto currencies ,
With the services of some crypto currency payroll agencies  like Bitwage,papaya global, ontop,  which will make it possible for the government to pay their workers in Bitcoin or other crypto currencies and can be sent  into their digital wallet,
Since it has to do with the government another agency can be set up in the country in respect to paying salaries as Bitcoin which will somehow help in the growth of the economy of the country.

This seems like a horse before the cart scenario. If the demand was there, then it would already be gaining traction but the reality is people in these countries are often on subsistence level wages. The money that they earn is very quickly turned around and spent on just the basics that are needed to survive, they don't have any time for extra transaction fees or a slower pace or transferring it into another currency, when they can simply save that money by getting paid directly in the local currency. Nor do the employers particularly want to jump through this extra hoop when there are already established payment systems that would drop their prices even, if crypto actually posed a financial threat to their profits.
350  Economy / Gambling discussion / Re: Woes of gambling on: January 08, 2024, 09:48:13 PM
Take casino games for example especially jackpot casino games there is no way you can tell me that all of them are structured in such a way that they randomly always make money for the house if you ask me gambling is a fraud that has been used to trick people into believing that their choices matter it does not everyone that gambles is just there to make money for the casino unfortunately there is nothing that can be done about human nature 💔💔💔

It's not fraud, however some people apparently cannot understand the simple maths that casinos will TELL YOU upfront and do not try to hide. Look for any references to "RTP" and that is the return to player amount. On average that is the return that you will receive and most games are in the 95% + range, which does simply mean that they are slowly taking your money because they each time you play is independent from all other plays. They do not owe you any money, nor do they force you to play there, gambling companies are only making money because other people are greedy and believe there is a short cut to wealth. On average you will lose, but people like to forget each losing spin and just focus on the "big" wins, that is what keeps these companies in business.
351  Economy / Economics / Re: Unemplyment at least 50% how world will look like then ? on: January 08, 2024, 09:27:39 PM
Unemployment at least 50% in usa at least so how THE wprld world will look like ?
Definately all prices will 80-90%down


What are you basing your 80-90% number on, because it sounds like clueless garbage that you made up with no evidence to back it. We may eventually get to a point where such a reality exists and it might actually be a positive thing. As we are more likely to hit a 50% unemployment rate out of choice rather than the negative reality that you are suggesting. Maybe at some point in the future there will be so much automation and the richest will be reined in to the point where it might be possible to make work optional. Freeing people up to pursue genuine leisure and pleasurable activities by choice, instead of being required to work. That would achieve the same end result of meaning less than 50% of people are in employment.
352  Economy / Gambling discussion / Re: Are you willing to bet $50 spin for a chance to win $42 million? on: January 08, 2024, 09:20:24 PM
This thread is inspired by the thread created by sportsbet.io about a lucky bettor who won $42 million on a $50 spin.

So let's discuss. This kind of win can be compelete considered based on luck, and the winner is so lucky that he hit the Jackpot. However, since the goal here is $42 million and you can only win that if you would bet $50 for one spin. So, do you have the courage to do that?

Not a chance, because another way to look at it is that they are not a charity. The reason the jackpot reached that high was because many thousands, even hundreds of thousands of $50 bets were placed in order for the pot to grow so large in the first place. This is why gambling can be referred to as a tax on the poor, because while the headline figure looks attractive - I swapped my $50 for $42,000,000, the reality is that you have such an insignificantly small chance of winning, you'd be more likely to be struck by lightning multiple times, with each case being exceptionally rare in comparison. This is at the end of the day an excellent piece of marketing and will no doubt drive many more people to try it.
353  Other / Politics & Society / Re: Neo-colonialism: Is Nigeria Still Under British Rule? on: January 07, 2024, 08:03:03 PM
The answer to the topic of discussion is "YES" . Nigeria is not only under the British rule but, we are under the rule of the first and second world powers.

Neo-colonialism is a concept of governance or principle that  stipulates and promote an indirect capturing and domination of the processes of governance and economy of former colonial territories or states.

Neo-colonialism is mostly an economic domination of formerly colonized areas by their former colonial masters through modern means of economics.

Imperialism and Neo-colonialism started it's foundation in Nigeria as the former Royal Niger Company. The company had the authority of the royal seal to extract and export the natural resources of Nigeria to England for the advancement of their economy and industrial productions.

The system of governance adopted our traditional institution on two grounds 1. For language interpretation and 2. Resistance by the people. This whole adoption was for administrative convinence band elimination of resistance.

The native people became part of the exploitation process of themselves and their generations which we are seeing today. The introduction of the traditional institution into the process for the British government to rule the people through the chiefs and kings, the process provided,  An elite class that  became marchants  through incorporation into this evil of exploitation.

And after the gain of independence, the Nigerian state is still exploited through multinational corporations and companies Like Shell and Chevron, where our people are kept at the levels of artisans and administrators while , they bring their people as technical expartes.

In most cases like the days of colonialism, our people are kept as administrative heads in supporting the transfer of our resources to Europe and America for processing and reintroduction into Nigeria as finished goods.

The end tale of this arrangement is that, Nigeria becomes the source of their raw materials and their market. With this pattern, Nigerians are used to kill the idea of indigenization, production and distribution to show their loyalty to the western imperialist and to keep their administrative positions in those companies.

We must liberate ourselves through enlightenment. Your contributions please.

Some people don't like the sad fact that their leaders, even if they in this case are true Nigerians, are willing to screw them over just as hard as any other foreign power. You always need someone to blame and have to be under some victimization complex because you simply don't like the reality of the situation. What's funny is, Nigeria is more likely to be under the rule of China these days, which is moving in and much more willing to play the corruption game than Western countries. That would actually be the "neo" in the colonialism that you are facing right now. Sadly, ranting and raving about this like a lunatic on an internet message board is not going to get you anywhere in life, so it's better to give up the conspiracy theories and learn how to play the game.
354  Economy / Gambling discussion / Re: Alter Ego In Gambling on: January 07, 2024, 07:58:28 PM
I just discovered a friend's personality, who in real life is very thrift and very conservative but once he played online in casinos he became very reckless and loved to play the risks because for him when it comes to gambling if you cannot take a risk you don't have a chance to win big, that's a big contrast from his real personality for him he has alter ego when it comes to gambling, so his outlook and decision is very much different when playing.

How about you Are you gambling in a way that is very different from your true personality,


As you go through life you will see this sort of hypocrisy in many different forms, but it can actually be quite damaging for people to act like this. Sometimes if people have lived a sheltered life, where they have not had exposure to all sorts of entertainment - like gambling for example, then they can sometimes be overwhelmed when they finally get to experience it. Somebody who is "very conservative" may not often get enough dopamine hits to be able to understand and control what happens when they get any sort of win in gambling. It may be a crazy new experience for them and they can end up going much deeper down the hole than someone who has experienced little hits all throughout their life by experiencing the many things on offer.
355  Economy / Gambling discussion / Re: Low cost but effective solutions to gambling addiction on: January 07, 2024, 05:53:50 PM
One of the solutions which is recommended by most gamblers on this forum for gambling addiction is "Therapy" . Professional help in the form of therapy. It is good and very effective but how many persons can actually afford it? There is a fee for each session that lasts for a duration of 60minutes. And there are more than one session. Therapy for gambling addiction is expensive. How can those who are unemployed afford it? How about the college student? Or the person receiving minimum wage. What are the other low cost but very effective solutions to gambling addiction. And typically how long will it take before the addict starts to feel more in control and less withdrawal symptoms?
Will totally appreciate your responses. Thanks.

Really, there's only one way out if you've gotten so far as becoming addicted to something and that is going cold turkey. There's no half measures that are going to work, you most likely will suffer even more and make it much harder for yourself if you try to wean yourself off by playing less. You first have to come to terms with and accept the fact that all the money you've put into it over however long, is lost. That is often the most painful part, because if someone has put $50k in, often the thing driving them to continue is the remote chance that they could get back to just break even. Just let it go, because you'll never be getting that money back and define it as an expensive lesson that can keep you away from it in future.
356  Economy / Economics / Re: A career - as an employee or a business owner which do you prefer and why? on: January 07, 2024, 05:48:37 PM
In life we have different folks with different likes and preference. There are people that chosed to go into business as businessmen from scratch and turned out to be business tycoons and movers and shakers of the industries with some few years in business.

While on the other hand some other person chosed to be employees as in working for those that owns business organisations/companies and yet still made it in life to an enviable climax. Perhaps cause that's what they love and have enthusiasm for rather than being an entrepreneur which perhaps might not have worked out well for their career eventually.

Either way, be it a business owner or an employee there are some other people who venture into either of them made no success too. Life can be somehow unfair, right? No! Life isn't unfair, for that's how the cosmos works. So everyone can't just win on a particular thing, definitely not everyone  Smiley

Now let's have a discussion about it all, for between being an employee to work for some other person's establishments/organization/company  and rather taking time/years to establishing your own company and not working under an employer but rather you being the employer, which will you chose and please ensure to back up your choice with reasonable thoughts, as it could be a guide to some other person's that might be reading this tread.

Let's begin!

I definitely prefer being an employee, but with a twist. If you earn a decent enough salary, then it can be a lot easier to work for somebody else and then use that money to buy shares in companies. That effectively makes you a part owner, via small slivers, of some of the biggest companies in the world and the best thing is you don't have to do anything afterwards because the (hopefully) experts in charge are doing all the hard work for you. The only thing that you do need to put a lot of thought and effort in, is the research to be sure that you are picking companies that are properly managed and make an educated guess on whether they are going to have a bright future ten years plus from now.
357  Economy / Gambling discussion / Re: Do you take time to read the terms and conditions of casinos before registering? on: January 07, 2024, 01:33:22 PM
The terms and conditions of casinos and other companies is usually very lengthy and somehow boring for some people. Hence , many people rarely find time to read them. They may actually contain some of the complaints that people raise about some casinos such requiring KYC if there is need or suspicion of money laundering activities.

What is your take on this?

Yes, occasionally but it's usually focused on the welcome bonus and all terms surrounding unlocking it successfully, as they can be quite tricky with how they set them up. the rest of the terms will mainly be common sense that most people would understand and be unaffected by across all the sites they use. If you've read through one casino/sportbook terms and conditions, then you can be sure that 90% of the content will be the same at every other site out there. Moral of the story is, don't do anything dumb or manipulative and chances are you'll stay within the terms.
358  Economy / Economics / Re: 4 COMMON MISTAKES PEOPLE MADE WITH THEIR FINANCES LAST YEAR THAT SHOULD BE AVOID on: January 05, 2024, 07:37:17 PM
Hello everyone
Wishing everyone a wonderful new year, I've taken time to draft and explain just a few mistakes a lot of people has been making when it comes to their finances over the years and do not even realize it.
 Here are 4 common mistakes people made with their finances last year that should really be looked into and avoided this year in order to achieve your financial goals.

1. NOT HAVING AN EMERGENCY FUND

2. NOT INVESTING

3. OVERSPENDING

4. NOT TRACKING EXPENSES


It can be very difficult for many people to keep their spending under control because they are unaware of their exact monthly expenses.
It's important to keep track on your spending so you can figure out where your money is going and adjust as needed. There are numerous ways to address this issue and keep track of your spending; you can do this by utilizing a spreadsheet, a notebook, or even a budgeting app or software.



There's some very good advice in there, but you might find that many people are merely surviving on a subsistence type level while they're younger - especially as they fall into the trap of overspending. One good thing about investing while you're younger is you have plenty of time to earn back money when you inevitably make mistakes, but you have to treat it as a learning experience and not go all in too early. Lots of people have been burned by poor investing strategies and swear off it forever, but they overstretched and probably picked poorly, instead of registering that they need to research better or identifying why an investment failed compared to other successful ones, then they could cut themselves off from a very powerful source of financial freedom in future.
359  Economy / Gambling discussion / Re: Do you believe in gambling experts predictions? on: January 05, 2024, 07:00:36 PM
A gambling expert brought i and some friends a guaranteed predicted game and asked us to stake a a high amount so that we winning could be huge and so we can give him a percentage of the money at winning.

I don't believe there could be a 100% guaranteed game but yet my friends who are eager to make profits in the gambling accepted to play the gamed as instructed and at the end of it, they all loosed the game and at then, the rest of us were happy because we didn't play the game else we would had loosed as others.

I want to ask, do you believe in experts gambling predictions?

I believe that there are some people out there who have come up with profitable strategies to make money doing things like sports betting. However you're going to find it very difficult to weed out the one out of a thousand that might be genuine, if they exist. There is another good reason that they're unlikely to be sharing this information, because if they truly are good at making such predictions then they will be busy swimming in money and not wasting time dropping tweets to random strangers online. I also wouldn't trust anyone that is trying to charge for such information either, because they often manipulate prior bets or wins in order to fool buyers, who are the actual way that they make their profits.
360  Other / Off-topic / Re: Just a reminder. Don't lose yourself in the process. on: January 05, 2024, 06:55:32 PM
We now live in a world where we are busy making money and making ends meet. We have to in order to survive. The competition is so high that sometimes we lose ourselves in that process. We are busy making a successful life so that no one related to us won't suffer. Having a decent bank balance, having a property or having a car. Working to the extreme to make that dream come true.

But in that process, are we giving enough attention to our surroundings? People close to us or our loved ones, are we giving enough time to them? When we are gone, what will they say about us? Or even if someone left us forever, will we have enough memory to remember them?

Earning money and being successful is important in life. But never forget who you are and the people around you. Money is not everything. It is important to survive but make sure to take some time to bond with people around you. It will also help reduce the anxiety or stress that you are having because of all that work.

Trust the process, you will be successful one day for sure. But never lose your own soul in that process.

This is definitely a good reminder, because some people can take earning and collecting money to the extreme. Everyone should be aware that we're always getting older, and that you have to find a good balance between spending money now on amazing experiences, is something you may not be able to replicate when you get older and less mobile. There's no point hoarding cash so you can retire at 55 or 60, because you may just fall ill or your body might not be as ready for the long haul holiday experience you had planned. Alternatively, you shouldn't waste money on frivolous things because we are being bombarded in the modern world with advertising from every direction that is looking to drain your bank account on junk.
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