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1241  Economy / Economics / Re: Hope for cryptocurrency in Nigeria. on: December 26, 2022, 06:29:52 AM
Nigeria Government most times take actions without considering the benefit it gives the society. They mostly do things at their own advantage. I keep wondering why crypto currency was banned in the first place.
Actually you can also find the answer to your question for now. Because logically every country sees new things like cryptocurrency and tries to legalize it in state regulations or state laws that have been implemented for years, it always takes time to be discussed with fellow state officials or important staff within the country the.

Because it will not be enough if it is only approved by one party or someone. So don't blame the state (in this case Nigeria) for initially banning cryptocurrencies. Maybe they still need more time to study cryptocurrencies which will ultimately lead to better decisions for the country and its citizens.


They need to do thorough research before making a decision, if they don't research and accept cryptocurrencies from the beginning and cryptocurrencies don't work and destabilize the country then the people also blame the government .I find the government in no rush to accept cryptocurrencies is very right. We are too selfish to think that cryptocurrencies are in our favor and why they ban them.
Yes, that's so true. As I explained above, the government really needs to do research before deciding on something new to be included in the state system. Moreover, this is related to cryptocurrency which basically is not known by everyone in Nigeria. So this clearly requires research on the part of the government.

And in the past week I also had the chance to read a news item stating that the proposed bill would lay out the crypto oversight powers of the Central Bank of Nigeria and the country's securities regulator, an official said. Which in essence Nigeria Recognizes Crypto as Investment Capital and you can read about it at - https://www.coindesk.com/policy/2022/12/19/nigeria-to-recognize-crypto-as-investment-capital-report/
1242  Economy / Speculation / Re: Bitcoin cycles, this is the cyclical minimum on: December 26, 2022, 06:08:17 AM
$100k by 2024 , that should be reasonable price .

But we might touch the lowest line at $10k before it's all happen , can you agree with that as well? A great spike required a hard dump and people getting panic with the current sentiment that the bitcoin price by the end of the year to early new year going down to $10k even below that price target. Keep an eye to this situation , we never know.
I disagree a bit for the bottom line at $10K, because that doesn't have to happen for Bitcoin to see a higher rise to $100K with a target date of 2024. Bitcoin can still increase without going down to the bottom and also without having to make all people have become very frantic in holding Bitcoins. Because when everyone is panicking about holding Bitcoin, it will only slow down the price increase in the market for Bitcoin. So for a large increase, Bitcoin can still increase from its current price without dropping to $10K.
1243  Economy / Gambling discussion / Re: French Soccer League Predictions and Discussion Thread (Ligue 1) on: December 26, 2022, 05:35:26 AM
Absolutely right, Messi will probably not play in the PSG team this year, he will join the team next year. He is enjoying the World Cup so far. It is really pleasing for him that his football career has come to fruition.
The match between PSG and Strasbourg, which will take place on December 29 this year to be precise, is a very close game to the new year because it will take place at the end of the year. And I think it won't be a big problem for PSG if Messi doesn't appear in that match because there are still more talented players who can fill Messi's position for that match. Besides that, Strasbourg is also not a very strong team so PSG will not be worried if they have to play without Messi at the end of this year.
1244  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: December 26, 2022, 04:52:16 AM
Bayer Munich has shown an outstanding performance during the first half of the season, but from the looks of things, they are not safe as you seem to exaggerate it. Bayer Munich is just 7 points from Frankfurt and union Berlin who stands in 4th and 5 positions in the table respectively, they are 6 points from Leipzig and 4 points from Freiburg who stands in 3rd and second position respectively. Just a match loss can draw them down to Freiburg, and the rest 3 teams will be ahead of them if they lose two matches.  Let's just hope that Bayern maintains their winning streak while they face their remaining matches, until then, they can be caught off guard.
In the Bundesliga, Bayern Munich's abilities are still better and bigger than several teams that are already in second, third and even fourth positions. Even though those outside the top five standings also need to be taken into account, they will not be very close to the championship position because besides them being left behind in terms of points, Bayern Munich are also still much tougher in getting points in every game this season which is still can be repeated by Bayern Munich in the next match this season.
1245  Economy / Speculation / Re: Bitcoin bottom prediction? on: December 24, 2022, 10:21:28 AM
We cannot predict the actual price movement but the pattern of movement indicates a decline due to Christmas and year-end holidays, the trend recovery will start at the beginning of next year as the market has been bearish during the last half of the year until it hit the same year low as the ATH achievement , but I believe once the big FUD has disappeared then the initial price recovery of BTC will hit a high
Price sideways on Bitcoin are still very frequent this month and that makes Bitcoin not immediately at its highest point for this year. And for next year, I also can't make a more precise prediction other than just looking at the conditions that can affect the price of Bitcoin in the market. Because price recovery in Bitcoin always requires a little bit longer than a drop that can happen in a very short time like what happened this year
1246  Economy / Economics / Re: A fact that the general public don't know on: December 24, 2022, 10:01:15 AM
I also often think that FTX and the number of scam cases are plans financed by haters, as we know that at this time the enemy of cryptocurrencies is very much, they have large capital support and usually they use the moment when the market is lethargic, this will make many users frustrated and leave cryptocurrencies.
I don't think that scams or the like are paid for by haters or by people who don't like cryptocurrencies. Because if the pay is not commensurate with what they have to do, of course their goals will not be achieved very easily. Because scam is another word for running away a lot of people's money with a profit that is almost difficult to calculate. So I want to know about it by providing further explanation where the haters are trying to pay some people to do a scam in cryptocurrency.
1247  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: December 24, 2022, 06:27:49 AM
Chelsea management is hunting for players in the upcoming transfer window they are trying to negotiate with some players
If in the end Chelsea managed to get the players they targeted then Liverpool must be prepared to fall behind
There is no other choice Chelsea have to overhaul players and strategies.
If you look at the results that have been obtained by the Chelsea team this season, it is clear that Chelsea's management must overhaul its strategy and one of them is to target new players in the transfer market. Because Chelsea must realize that they are currently very behind when compared to several other teams such as the Liverpool team. But Liverpool is also unlikely to stay silent to make themselves better this season so that Liverpool will also look at the players who are in the transfer market this season.
1248  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: December 24, 2022, 06:14:03 AM
I only slightly agree when it is said that Napoli was not serious in facing the test match against Lille. But I worry that when something is not taken seriously it will have a big impact on the team.
It will not have a big impact on the Napoli team, because the Napoli side is also very aware of that that they are facing a trial match that doesn't need to bring a lot of pressure to the team in the match. After all there are more important matches for Napoli to implement a better focus starting next year.

Quote
The match against Inter Milan can be said to be the determinant of Napoli's journey for the Scudetto, Spalletti must prepare his team as well as possible. Spalletti must realize that other teams in Serie A have also started to improve, which will certainly make it difficult for the Partenopei in the second half of the season.
Napoli is clearly aware of this from now on, because Napoli themselves can see how the opposing team is progressing in Serie A at the moment and they are all aiming for more wins this season so they can catch up on the points that Napoli have. And I don't see that game as decisive because Napoli can still be on top of the standings even if they lose that game.

Yes we know friendly matches are the perfect time to test strategy and players because it is considered without risk even though losing doesn't mean anything, even if they win, it means that the new strategy implemented was successful and ready to use in the Serie A. What is certain is that the upcoming match against Inter will be the real one.
Napoli's focus is on the match against Inter Milan, not on a test match, because Napoli can immediately make an evaluation before meeting Inter Milan in a very important match. This season is Napoli's chance to keep going and get the Scudetto by continuing to fight extraordinary.
1249  Economy / Speculation / Re: Bitcoin is on the Verge To Slice Through $30,000 on: December 21, 2022, 10:42:43 PM
Everyone can estimate the price of Bitcoin. Maybe the prediction was based on previous experience, or something happened that made the price pump or dump. But I'm not really sure about the predictions for this year or the next year. Because the stages for the Bitcoin price pump have not been exhausted in two years. I think that initial start will occur in September 2023.
And there is also the possibility that sooner than you expect, that in the next year there are more things that can influence investors to buy more Bitcoin at low prices or before prices get more expensive than they are now. And if you yourself are not so sure about other people's predictions, then why can you be so sure about these early starts in September 2023? Because I also don't think that it's a prelude to an increase in the price of Bitcoin in the next year.
1250  Economy / Speculation / Re: The world is not doing well on: December 21, 2022, 10:32:01 PM
The world dependence on the dollar is certainly the biggest advantage of the dollar owner, the value will continue to rise so as to make many countries try to leave the dollar and look for other alternative payment systems, the presence of cryptocurrencies should be a solution for the world to be able to solve financial problems.
The problem is that it will not be easy for every country to implement cryptocurrencies into their payment and financial systems because every country also has rules that must be looked at before agreeing on any new thing to be implemented. So this is not an easy matter for all countries even though it is an option with the aim of making it easier for all countries not to depend on dollars which are in fact still accepted and still useful in almost all countries in the world.
1251  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: December 21, 2022, 10:22:30 PM
As far as I know Manchester city have not had any disappointing previous year and in the last season, Manchester City still came top of the league table and even played in the finals of championship finals. So at this point even though their below Arsenal currently on the table but with time the club will recover.
Manchester City are not far behind Arsenal at the moment, so it is still very possible for Manchester City to overtake Arsenal at the top of the standings if Arsenal are not consistent enough in the continued matches in the Premier League this season. But I also don't think that Arsenal will change for the worse so that another team can more easily take over their place, because Arsenal this season are also very different from Arsenal last season.
1252  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: December 21, 2022, 10:15:07 PM
I don't think there is any way Real Madrid will lost out in the La Liga and since their performance currently is above average both in the La Liga and championship so with the way things are Real Madrid will have this season to themselves without much competition from other clubs.
Competition is definitely there and that's for sure, although in the end it can be won by certain teams like Real Madrid. But Real Madrid will still face fierce competition from Barcelona in La Liga and it will not be so easy to face some of the great teams in the Champions League this season. Because the team there (Champions League) still has the determination and a very good squad to compete in the Champions League this season.

Yes, Real Madrid have all the talented young players. And there are replacements for every position.  With players like Benzema, Lukamdrij, and other players, they can win La Liga without much competition.  But the Champions League will not be easy.  Because the current world runner-up and champion team M. Bappe and Messi are in PSG.  With Neymar.  Now they will play more successful games than before.
In La Liga, there will definitely be a bit of pressure on Real Madrid because Barcelona are still at the top of the standings so Barcelona will definitely try to maintain their position so that they are not taken over easily by Real Madrid, who are currently in second place with very close points from Barcelona. Previously, PSG still failed to win the Champions League and PSG will definitely try again this season with a squad that is not much different where this season they still have Mbappe, Messi and Neymar. But that doesn't guarantee the PSG team will win the championship easily there (Champion League).
1253  Economy / Gambling discussion / Re: Germany League - Bundesliga Prediction Thread on: December 21, 2022, 10:02:44 PM
Why are you so sure about it just because some players have reached the final there? The match is still very long and seeing from the performance in the Champions League with the group that actually PSG is very superior they are still in 2nd place why should they be so sure they can beat Bayern? I think we can't let go of the fact that Bayern are still quite a lot better in the Champions League and even I forget when they were knocked out in the last 16 knock out phase.
Underestimating Bayern Munich in the Champions League may still be a mistake for other teams this season. Because Bayern Munich is a team that always looks superior in the Champions League even though it will eventually be eliminated by the others. So for this season I think Bayern Munich will still look strong in the Champions League, only the opponent is PSG which is also still the best team from France and is also the favorite this season in the Champions League and Ligue 1.
1254  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: December 20, 2022, 10:15:42 PM
It's true, Ronaldo and Ibrahimovic play differently.  But Ronaldo does not necessarily have to model Ibrahimovic. Ibrahimovic plays an easy pattern of football and in every aspect, it works for him. Ronaldo applies much skill in football and it works for him. If Ronaldo can't get what he wants with his pattern then so be it. But I Don't Think modeling Ibrahimovic at this old age will be a solution because naturally it wasn't his pattern and as such will make things more difficult for him.
I think what you are saying is very appropriate, because every player who is experienced and is also at a no longer young age, clearly doesn't need to follow other people's patterns in playing soccer to apply it to himself. Because they all have their own pattern of playing so that two different players in different leagues will not have the same thing. So it's true, Ronaldo doesn't need to follow the pattern run by Ibrahimovic and vice versa.
1255  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: December 20, 2022, 10:07:19 PM
Inter Milan is an excellent football team. They have taken football very well, all the players in the team are very smart and talented. All players in the Inter Milan team play football with responsibility and always do enough to push their team forward. Looking at the performance of the Inter Milan team, it is clear that they can do better.
Inter Milan is temporarily still in fifth place in the Serie A standings and obviously still has to struggle to get a better position in Serie A this season because Inter Milan is eleven points behind the current leader of the standings, namely Napoli, which is likely to still dominate in Serie A.

I also believe that the Inter Milan players are capable of delivering a better performance for their team in the remainder of the season, but let's also not forget the other players who will also do the same as the AC Milan and Juventus players. And I think these two teams will also be an obstacle for Inter Milan to get a better position for the rest of this season.
1256  Economy / Gambling discussion / Re: UEFA Europa League 2022/23 Season on: December 20, 2022, 12:48:15 PM
I think Barcelona have more chances of winning Manchester united.  Barcelona has Lewandowski who can score some number of goals, this is an advantage for Barcelona. The game will be interesting,  this are the big clubs in the Europa league.
Are there no other players you can talk about here other than Lewandowski at Barcelona? After seeing Lewandowski's performance at this year's world cup, I don't think there is more influence on a player like Lewandowski, even though he is a top player in Barcelona.

Indeed, in general, the strength of each team does not lie in its name, but always lies in its players, and Manchester United's players are not so bad this season, especially if they can have more motivation to give resistance in matches because they remember them (Manchester United ) will be against a big team like Barcelona.
1257  Economy / Economics / Re: The link between Bitcoin and the economy on: December 20, 2022, 12:38:02 PM
As a currency its a little too expensive and there are other coins which are most cost efficient. LTC as the prime example.
I think most people fell in love with the price hike BTC experiences every year.
Judging from the title of the topic that asks about the relationship between Bitcoin and the economy, it means that there is no need to discuss LTC into this matter, because this is about the connection between Bitcoin and the economy which in general has a clear relationship with the economy because Bitcoin has a clear market and lots of enthusiasts.

A close example is people who are already successful and they know the crypto space and invest in it. Among so many currencies, surely they will choose Bitcoin to make their assets increase when an increase occurs, meaning that this is an effort to boost the economy of every individual who already believes in Bitcoin even though there are risks.
1258  Economy / Economics / Re: Binance's Alleged Crypto Audit Failed, Its Auditor Refused to Vouch For It on: December 20, 2022, 12:28:41 PM
Thank you for your opinion. You try to explain it, but unfortunately you can't explain why audit is so useful. So you can log into the blockchain and check exactly the same thing. Audit is not a blockchain, and it cannot give more accurate information than the blockchain itself.
Yes, Audit is not a blockchain. Because Blockchain and Audit do not have a relationship in terms of definition and understanding, so the two need to be separated first so that it is easier for everyone to understand. And Quoted from The Economic Times, an audit is a bookkeeping check to a physical inspection to ensure a department within an organization or company has followed a documented recording system. [reference]
1259  Economy / Economics / Re: Saving one third what you earn monthly is not that hard, isn't it ? on: December 16, 2022, 11:16:50 AM
Well, I actually thought about adding health bill/insurance cost but withdrew. The reason was very simple: we consider to be young at that age range and if we don't execise and take care of our body, we won't survive any job because nowadays the competition is fierce. But back to my calculation, even you add this extra cost, let's say $100 per month, $1,000 can also be saved.
Basically, the cost savings for living are always different for each person because it is caused by the amount of income each person has is also different. So that savings arise when everyone has regular income at a certain level which then adds up each expenditure in each month so that they can find out how much money they can save to make savings in their life. Because the costs for health and accidents that can come unexpectedly must also be taken into account, because sickness and accidents never tell anyone when they come to someone
1260  Economy / Speculation / Re: How we know btc not going to 100$ ?? on: December 16, 2022, 11:04:28 AM
A few years ago I thought the price of Bitcoin would never touch $ 20k so I sold when the price of Bitcoin was around $ 8500, and a year ago the price touched almost $ 70k and at that time I was sure the price immediately touched $ 100k, unfortunately the price continued to decline in a year and now only only Around $ 17K, this proves that Bitcoin is difficult to guess.
Everyone who already considers Bitcoin as a valuable asset and continues to invest in it every year, I don't think there is a need to guess the price in Bitcoin because it always changes every year. And those who invest for the long term in Bitcoin only ensure profits when they want to release Bitcoin into the market after a long wait.

So the price doesn't need to be guessed because a certain price level will also arrive by itself when many buyers enter the crypto market for Bitcoin and also there is no negative effect that can cause many people to be afraid to enter the market at a certain time.
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