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May 11, 2024, 07:21:20 PM *
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1  Economy / Gambling discussion / Re: cashout or wait till the end? on: Today at 05:31:24 PM
~snip~

        -    If you're sure it's money, take it out first and just leave it as you typically do when you gamble in a casino. Because the chances are high that you will lose there, and many gamblers have experienced such that the one who thought they were going to win often turns out to lose.

Then, in the end, they were crying and regretting that they should have released their winnings. How many times did that happen, and it still happens today because of greed? That's why they experience such situations.
there is something most gamblers don't understand, so far as you have made some profits in gambling there is no need for you to be greedy just be comfortable with any little you get from gambling because a lot of people are looking for such opportunities but they are unlucky so if you place a bet and you are giving an option to cash it out just do it without having a double thought because you will hate yourself if at the end you lose all. I know that even when the cash out features have not yet been introduced people were still winning but that shouldn't make us to have same mindset that we will take all the winnings so any little profits we make we should endeavour to take it without being greedy.
2  Economy / Gambling discussion / Re: Have you achieved anything from gambling on: Today at 04:58:52 PM
~snip~
I have witnessed someone win gambling on several occasions but wasn't able to do anything tangible with his winnings and he was so unhappy because he spends a lot of money in gambling even spends his monthly salary in gambling halls but he is always lucky to get some winnings sometimes but instead of using the money to do something good he will still spend it there again, he was so angry till it got to an extent that he took an oath never to gamble again because the gambling was ruining his life and that of his family.
Gambling is not associated with any mystic, it's just addiction that makes it looks like there is mysterious things attached to it when you win and couldn't do anything with the money.
3  Local / Nigeria (Naija) / Re: How to avoid bitcoins and other crypto fraud on: Today at 02:36:10 PM
The thing wey me I observed wey dey make people fall so easily to crypto fraud na desperation like wen you hear about something wen involved doubling of money na so body go dey.sweet you, to be frank no where wen Dem find money wey dey easy so e good make we no dey too desperate to make this money but just take everything gradually with time that height wey you wan reach you go achieve am. Being too desperate in anything is very bad because due to the fact say na dat kind thing wey you dey like your mind no go dey say na fraud e be.

Another thing be say make you no even pay attention to any platforms or person wey dey assure you of doubling your capital because wen you pay attention to Dem dey go fit convince you to join from how you dey talk and no try say make you give am trial by investing a little amount because sometimes wen you invest small money den chop am you fit decide to invest again to get back the one wey you lost by so doing na so dem go dey enter till your money finish na there your eye go open.
4  Local / Nigeria (Naija) / Re: Bitcoin gives hope. on: Today at 01:06:08 PM
Normally since the awareness of Bitcoint begin go round the country and a lot of Nigerians don take advantage know a lot of things concerning the crypto world and the internet, one thing wey I like for this country be say our youths dey active for anything concerning the Internet and before you know the update don dey go far from one person to another. Even though say sometimes the awareness no dey circulate on time but e dey reach men too and the one's wey get the update earlier dey jollificate.

Bitcoin na freedom and that is what we all need now we don tire for manipulation and to dey hostage for our government hand so the only way we go fit fight this fight na to act like say we no no anything dey follow government with wisdom till wen the right time comes. Bitcoin truly na hope of the common man for a better living tomorrow but na for people wey dey buy dey hold or people wey dey get Bitcoin dey hodl am because a lot of people just dey interested to dey exchange Bitcoin with fiat how we go take succeed for the adoption if we dey continue to dey exchange am so make we buy now wey the price still dey affordable for us somehow no be tomorrow now you go dey envy people wey make am through Bitcoin so now na investment time to reap better profits for future.
5  Economy / Speculation / Re: Bitcoin price predictions gone silence since the DIP. on: May 10, 2024, 11:09:53 PM
The promising approach about the rising of Bitcoin price seemly to have emotional influence on investors which at some points triggers market sentiments.

Who has observed that the speculations and predictions  of Bitcoin price has gone silence since the market went DIP after the halving?
The reason why everyone is silent about the speculation of Bitcoin is not even as a result of the DIP that have be occurring and reoccurring after the halving but it is because the market is not yet balanced for now so as soon as it moves pass this $64k down it has been fluctuating for some time now and moves close to $69 or $70k you will see some upward movement in the price of Bitcoin, the speculation can begin again. Already an ATH of $100k has been speculated from now till 2025 so it is not about chanting it that will make the price get to that point but with conspicuous buying and hodling can help the price increase to another level
6  Local / Nigeria (Naija) / Re: A move for crypto regulations in Nigeria on: May 10, 2024, 05:41:52 PM
BINANCE OBTAINS FINANCIAL INTELLIGENCE UNIT APPROVAL FOR INDIA RETURN
Binance was among top cryptocurrency exchange platforms that was banned from operating in India through their website and apps some time in January this year but currently now they have agreed to be regulated by the India Financial Intelligence Unit, this also make me have same thoughts of binance making same step here in Nigeria because despite that we all moved to other exchange platforms after FG ordered them to delist the NGN from their exchange p2p platforms, you can agree with me that none of those other exchanges have been able to offer quality and more transparent services to p2p traders as binance does therefore, binance coming back to reach an understanding with the FG will be a welcome development despite the taxes involved and the regulatory policies. What do you guys think about this?

Binance obtains FIU approval for India return
7  Other / Beginners & Help / Re: Should Threads Be Locked After Satisfactory Responses? on: May 10, 2024, 05:10:09 PM
Basically that was why the lock button is available in a case of if the OP is satisfied with the response of users then the OP can Lock their thread and again I see no reason why a topic should be left open even when the question asked by the OP have been answered but I also think it is also the duty of a moderator to lock such topics if the OP didn't lock it because there are newbies that are not yet familiarize with the use of the lock icon so the moderator can help. Sometimes the OP may have forgotten to lock the topic
8  Bitcoin / Project Development / Re: Ambulance - Campaign - Ukraine on: May 10, 2024, 03:57:41 PM
@derBowler Can we know the total amount of donation deposited in your account?
I think it is too early to ask for an account of the total donations in @derBowler's possession right now because this thread was created barely a month ago and donations as still coming forth as you can see so it will be good if the thread is left open till donations stop coming or the thread becomes inactive and closed only then can @derbrowler give account for the total donations but for now it is not necessary IMHO.

Bitcoin is about transparency.   All the donations should sit in the original address until moved to a certified donation address.
Fair enough
9  Bitcoin / Project Development / Re: Ambulance - Campaign - Ukraine on: May 10, 2024, 03:44:59 PM
@derBowler Can we know the total amount of donation deposited in your account?
I think it is too early to ask for an account of the total donations in @derBowler's possession right now because this thread was created barely a month ago and donations as still coming forth as you can see so it will be good if the thread is left open till donations stop coming or the thread becomes inactive and closed only then can @derbrowler give account for the total donations but for now it is not necessary IMHO.
10  Local / Off-topic (Naija) / Re: Ambulance - Campaign - Ukraine on: May 10, 2024, 03:22:35 PM
@ chilwell, you did well translating this post thanks for your effort. But I'll suggest next time you consider very well if any translation is useful to the localboard before putting your effort into it. This will help you avoid wasted efforts. Please nextime you do well to consider what you are translating.
A clear and humble opinion you have given to him, we know that as a country we can also help in assisting other countries in any form of donations at will but bring 8)ing such discussion in the local board is not necessary, just like @Igebotz said such discussion is suitable in that particular local board and the general board as well if they are seeking for assistance from other bodies outside their own country.

That reminds me I thought there is an association in the forum called Alliance of Bitcointalk translators and @Hatchy is one of the members so I supposed translations from English to pigin are meant to be done by him?
11  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 10, 2024, 02:24:53 PM
MIKEL ARTETA HAVE BEEN NOMINATED FOR THE PREMIER LEAGUE MANAGER OF THE SEASON


https://www.arsenal.com/news/vote-arteta-win-manager-season-award?utm_source=facebook&utm_medium=link&utm_campaign=social

With the impact Mikel Arteta have made for Arsenal this season, he can emerge the EPL manager of the season because he has been resilient despite of some inconsistency that led to the current suspense they have now, Arsenal have been topping the table and thereafter fall out of the table on several occasions now but yet Arsenal didn't go beyond the third position this season and they have been able to win 26 matches out of the 36 matches they have played in the EPL this season and should Manchester city lose points and Arsenal wins their remaining 2 matches they will be crowned champions of England premier league so all this achievement is/may be gotten under the management of Mikel Arteta so he can likely win the premier league manager of the season. What are your thoughts on Mikel Arteta's nomination?


 It is crystal clear that Arteta has done so well for the Gunners, getting them to this very position and form they are now, many will say he deserves to be the main man to be awarded as the manager of this season but it should be given to the Aston Villa coach Unai Emery because he did what nobody expected and I know many won't say the award should be given to him but lets see it this way, a manager who only spent just 2 seasons with the The Villans and he qualified them for the Conference League even though they were knocked out last night, you'd agree with me that they did their best and in the EPL they are also doing well with them sitting on the 4th position on the table, with how they have been performing I think they might be in the champion league next season while clubs like Manchester UTD and Chelsea won't be in that competition. I think Unai Emery deserves the award more than any other manager that have been nominated including Arteta, after all Arsenal will win the EPL title.

Yes actually I also thought about Unai Emery because that coach has also shown huge determination to take Aston Villa to this level they are in the league table now, if not that they were unlucky against Olympiacos in the Europa conference league they would have been up to something big but even though they didn't reach the finals but Unai Emery did a very good job for Aston Villa so he is another coach i consider for the premier league coach of the season so if he emerges there will be no doubt about it because he has done awesomely well for the club alongside his counterpart Mikel Arteta, both of them are good for the award.
12  Local / Politics and society (Naija) / Re: Naija board needs more merit source on: May 10, 2024, 01:59:51 PM
Of a truth Theymos try as him give us new moderator and he is really disposing his duty very well but even though say Theymos also add am among the merit sources to make Nigerian local board to have 2 merit sources but the allocation of merit wey them get they very small when we compare am with how other merit sources allocations be but that not withstanding, our people say person wey kill goat for you thank  am so that next time him fit kill cow for you so na good achievement wey we don get for our local board this year and from all indications show say the new moderator wey be @Igebotz dey circulate the sendable merits without being biased and him they award am to quality posters.
In a way he knows what his doing, he probably doesn't want to just spread a lot of merit in here, so he decided to limit it so we can continue to be outstanding and more productive in the forum like we have been. It is a good approach but definitely in a few time he would begin to see the need of allocating more merits to our merit sources and even adding another merit source for this local board.
No be lie you talk sha, me I like the way Theymos dey do things because him dey always surprise people, no be dat time wey una dey find something wey him dey grant am but na when Una no expect am naim him dey do am so make we calm down as e be say we don dey get tins wey we need for our local board small small, no be wetin to rush at all because e get how him go do something now e go come be like say him dey incompetent and for me the two merit sources wey dey on board now Sabi circulate merit for the local board so as time goes on Theymos fit still include another merit source may be @Charles-tim fit be the next or him increase the merit allocation for the merit sources wey dey already.

Our local board don get good shape like this o and I thank the new moderator @Igebotz for arranging the local board, at least the local board dey presentable and well organized now.
13  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: May 10, 2024, 11:03:30 AM
MIKEL ARTETA HAVE BEEN NOMINATED FOR THE PREMIER LEAGUE MANAGER OF THE SEASON


https://www.arsenal.com/news/vote-arteta-win-manager-season-award?utm_source=facebook&utm_medium=link&utm_campaign=social

With the impact Mikel Arteta have made for Arsenal this season, he can emerge the EPL manager of the season because he has been resilient despite of some inconsistency that led to the current suspense they have now, Arsenal have been topping the table and thereafter fall out of the table on several occasions now but yet Arsenal didn't go beyond the third position this season and they have been able to win 26 matches out of the 36 matches they have played in the EPL this season and should Manchester city lose points and Arsenal wins their remaining 2 matches they will be crowned champions of England premier league so all this achievement is/may be gotten under the management of Mikel Arteta so he can likely win the premier league manager of the season. What are your thoughts on Mikel Arteta's nomination?
14  Other / Beginners & Help / Re: Dips are temporary but Bitcoin is forever. on: May 09, 2024, 04:21:01 PM
Dip is a characteristics of volatility which of cause all cryptocurrency has. Not just Bitcoin experience dips but all cryptocurrency. Yet not Al of them are able to stand up again after certain amounts of dip. Bitcoins journey so far has proven that no matter how volatile the market is, it's value will still be worth more in the future. So any investor who wishes to enjoy or make good profit from his Bitcoin holdings should hodl and continue accumulating with every opportunity that comes his way.
Yeah all cryptocurrency experience dip because of volatility and since Bitcoin which is the top cryptocurrency, if a dip occur other cryptos are to experience same though there are times when Bitcoin dips and some other cryptos gains and vice versa but cryptos certainly must experience a dip. basically, Bitcoin is suitable for long term investment so a dip doesn't affect the investor because it is certain that the price will regain after a dip.

Quote
Dip will always be temporary it can't be permanent except for stable coins but I still consider them not fully permanent because when the currency of which they are pegged to falls or raises, it's value will have to follow. Bitcoins has more potential than any other cryptocurrency out their so keep accumulating and hodl.
I don't understand this because are you trying to tell me that there has never been any cryptocurrency that DIPPED and never recovered back till it vanished? Is it all cryptocurrency that when it DIPs it still regains it state and continue to increase? I need more explanation on this please
15  Local / Nigeria (Naija) / Re: Is bitcoin still stronger than stocks? on: May 09, 2024, 04:03:47 PM
Everybody has he's or her own. the main issue of cryptocurrenqcies these days can be either stable for a long period of time, or they can stay highly volatile for a long period of time. Nowadays, cryptos are more stable than stocks, but I don't think it will be a very long-lasting trend, because all traders are familiar with cryptos. this comparison can be determined only by a thorough technical analysis or a fundamental one if we talk about long-term intentions.

Most cryptocurrencies or cryptocurrencies in general are not stable coins as their volatility differs from the other and fluctuations occurs from time to time unlike fiat that is a stock exchange but I don't think that all traders are familiar with cryptos as most of them still make use of the Fiat currency even for their long term tradings. You know stocks is more of trading than investments whereas Bitcoin is mostly concerned about making and owning investments for long term goals.
Bitcoin volatility is not a joke and cannot be compared to that of stock even though the stock exchange market is more visible than Bitcoin.
16  Local / Nigeria (Naija) / Re: Monthly Reporter Reward on: May 09, 2024, 02:44:03 PM
A big thanks again to @Anphenomenon, for being on time to deliver anoda monthly overview update, wey you take over from oga @Igebotz, you no fall our hand, thanks again.

I know say with time you go de add best quality posters as oga Igebotz, de do for us, dat category na real morale booster im be. I also hope say merit reward for best quality posters go return on day for dis thread. Lastly, if every accounts wey you de mention go de get notifications, I believe say e go help increase comments for dis thread every month. But no pressure, you de do well.

Only the best reporter award is ongoing for now. You see a low post, off-topics, politics and society posts on the main board, you report to be moved. Low quality posts too. 10 merits/month. Just use the "report to moderator" button

This is a very good initiative but I suggest you make it self moderated because some persons might not be accurate in their reports so such a report needs to be deleted by the moderator or the OP,  just an opinion anyway or maybe since you the moderator you can delete an inaccurate report without necessarily making the thread self moderated?
17  Economy / Economics / Re: Debt Management. on: May 09, 2024, 02:21:23 PM
This could all be avoided if we just never had debt in the first place

let's face it many people get debts for things they don't really need they just want to buy it but they cant afford it if they were to pay it as of the moment which is something we should really avoid doing

we should already save money, cut on expenses and make budgets before we even get into debts
You are right about not involving in debt at all but what is there is that we do borrow some times not because we don't have money to sort our bills, but for investment purposes. One can get a contract and the nature of the contract may require you to use your personal funds and execute the project before the company or organization will pay you so in that situation, if you don't have money you can borrow in other to clear the project knowing fully well that after the project your money with be paid immediately.
You are correct, but if you find yourself in that situation and you don't have money to execute the contract, don't go and borrow money to execute the contract because such contracts usually take time before they can pay you the money assigned to that contract. If you don't receive the money for the contract on time, you will find it hard to repay your debt when the debt is due for repayment because the money for the contract that made you borrow money hasn't been paid to you. Just allow someone else who has enough money to take the contract so that you will not find yourself in difficult situations or trying to get money elsewhere to repay your debt so that it will attract extra interest.
I understand the fact about what you are stating but it depends on the kind of contract that is being given to you and the calibre of person or organization because my dad was awarded a contract by an oil company in my state before and  he was given a work order and the description of the quality they want the job to be then they reached an agreement that he would be paid after the job have been executed and inspected so he went and borrowed money from a cooperative organization and did the job perfectly so after the company paid him the agreed amount for the job they also added a thank you bonus (extra money) for doing the job to their standards he then repaid the cooperative he borrowed the money from and had some good profits left with him.

What am trying to say here is that you can't just accept a contract that you don't know the capacity of the company or the individual awarding the contract to you and when doing a job for a company or an organization you have to do it to the best standard so that if such a contract becomes available in the future again they can still award same contract to you.

Another thing you need to understand is that life is about risks so when you see some risk that there is every possibility of making profits if you borrow money, do it, if it works you claim the glory and if it also doesn't work you bear the brunt and move on even if it will be hard for you to recover at that material time. If you don't take some certain risks in life you may be stagnant and may not experience any positive growth in life.
18  Economy / Speculation / Re: Buy the DIP, and HODL! on: May 09, 2024, 12:05:44 PM
What is the stress in buying bitcoin on a weekly or monthly basis utilizing DCA method? It's not like doing a hard job, for crying out loud I'm not even going to pick a pin. All I need is my device and a stable network and it won't take more than 5 minutes to set up my buy order if I am buying from a centralized exchange. Bro there is no pressure there, not that am doing it under duress or gun point, so there is nothing to worry about. So are you telling me that people who invest in bitcoin don't have other real life business that they are managing, if that's your thinking then you are wrong. I can invest in bitcoin with different strategies and still run my real life business without any complications. Many people are doing it. We are not sitting down and breastfeeding our bitcoin investment, so I don't see  what will cause me any unrest. I don't really understand what you mean by if I can't meet up the market. If my funds are available I will surely meet up, because bitcoin never sleeps.

Just that you misinterpreted my angle unrest is the financial stressed up where one will be struggling to meet up the funding as others responsibility will be calling to cut there share on the income you receive as many but where as the income is sufficient I think all you need is dedication, beside we have some individual difference's in regards to self discipline and fulfilling task what seem difficult to carryout by A may be very simple for B.
wether you choose to invest in Bitcoin or not, pressure and what you call unrest will certainly come. It's very much a part of life and you have to always have that at the back of your mind. What's expected of you is to make the right plan that will protect your investment in times of those unrest and that's why we always talk about keeping our emergency funds that will become of use at such instance.

As long as you're holding for the long term, there will come moments when you will fall sick, become a bit financially down, face a bill that's above your budget or face unplanned event that's going to outweigh your income and in those instances, your emergency funds should come through for you and after you've past those momentary set back and things goes back to normal, you can still to add up to your emergency fund such that it gets back to an amount that's comfortable for you. And regardless of the individuals ability or inability to coping with financial setbacks,  the general knowledge is that set backs is part of life that can't be avoided but planned for such that when they eventually come, it doesn't meet us unaware and end up distorting all our plan. If you are selling your holding because you are sick or you're facing a minor challenge, then you're definitely not ready for long term holding.
You really tried in giving a concise explanation to him and just like you said whether anyone chooses to make investments or not there will always be times when things will be rough and difficult or a time when your earnings may not be coming as before that is why we have to plan with the little we have because the main reasons why we are making these investments is to have an easy way in the future when things may not really be working as it use to.

People should have this mentality of forgetting about any amount they used for investment within the short run and be more concerned about how to increase their earnings in order to back up their investments because if you don't remove your mind from your investments, you will keep on having access to use it all the time and before you know it, all your holdings are gone which is a very wrong approach during investments. I used to set an amount that stand as the least I can get like if I have like $500 in my account I do feel like am broke and I don't touch the money except I have been able to get a way of earning again, I prefer borrowing from friends than touch that amount that I have kept for future purposes so that is also same way investments should be followed and bitcoin investment is something that has every possibility of gaining in the long run so halving a reserved and emergency funds to back up your investment in order not to touch your holdings is important.
19  Bitcoin / Bitcoin Discussion / Re: Accumulating Bitcoin or trading Bitcoin which is more wise to do. on: May 09, 2024, 04:12:45 AM
Unless you consider yourself a good trader, I would stick to accumulating Wink

There is no good trader anywhere even though they make profits most of the time but some times they run into serious losses and recovers again and keep on trading. Basically trading is a game of emotions and if your emotions is not that strong never enter into trading at all so that you don't get severe heart injury as a result from shock you could experience sometimes why trading and you encountered losses. Buy, accumulate and Hodl Bitcoin and be free without having to make checks at every intervals waiting for or using signals of which some are even misleading.
20  Other / Beginners & Help / Re: A person's browser history is a window into their online Identity. on: May 08, 2024, 10:37:44 PM
Basically i don't keep my browsing history for too long because it slows down the effectiveness of the browser so after leaving my browsing history for like a week or two I do clear everything off including my passwords, cookies and cache and when I do that the browser becomes fast again. Don't think there's any need to leave the numerous past browsing history, if you open a page and you wish to access it later on in the future bookmarking it is the best way or to just save the page and access it whenever you want to instead of leaving the browsing history without clearing them off.
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