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February 23, 2024, 02:28:34 PM *
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1  Local / Nigeria (Naija) / Re: Taking advantage of situations positively on: February 22, 2024, 04:15:28 PM
Are there people who are still complaining about the country without doing anything to help themselves?

The ladies story goes to say Omo if you dey rely on only one source of income, na hunger you dey invite be that oo because with the rate of inflation, you no go fit survive for naija.

However, to enter into multiple business no be really the thing but na to identify the business wey go move for each area. Like e get business wey dey sell for high way and business wey be say na for street or certain strategic position dem must sell. Person wey dey plan to open drug or chemist shop suppose know say na for street e go sell.

I don identify now say for naija e get some businesses wey you go do and na so so loss you go dey loss but certain business na profit no matter the hardship. So like the lady say, anything wey be food na profit because people must still find food to chop. Then drugs business also must sell because people wey sick go still pay drug even if them decide to self medicate, dem must buy drug.
2  Other / Politics & Society / Re: Kakistocracy or democracy which one are we in Nigeria? on: February 22, 2024, 12:38:35 PM
Well I didn't know kakistocracy exist as a form of government. I had to search on Google and was surprised to find it and it is:

Quote
government by the worst persons; a form of government in which the worst persons are in power.
https://www.dictionary.com/browse/kakistocracy

It is therefore not surprising that most underdeveloped countries have found themselves in this system of government albeit the pretence of practicing "democracy". They preach democracy but they don't allow the few institutions to work for the people. They manipulate everything in the economy and not allowing for credible, free and fair election.

Election is where all the bulk of the beginning of corruption starts. These worst people in the society come with intimidation of the opponent lives, they buy over security agencies who are already part of them, they buy over the election umpire and that is where the rigging starts. The courts are there friends and stooge, they make the arms of government look like they are separate but in actual sense they are one supporting each other worst in their arms.

Such system knows no progress but retrogression and the citizens have no choice than to search for livelihood in other countries.
3  Economy / Gambling discussion / Re: Gambling for fun and not a way of making money on: February 22, 2024, 11:58:41 AM
What I understand by gambling for fun is simply not to have the mindset that you want to make huge profit from gambling and you can only achieve that fun thing about gambling by not having the profit mindset in gambling. In other words, you have to reduce your risk appetite in your gambling and stake just a meager amount that will make your heart beat not be doubled when you lose  Grin

But the point is how many people really come gambling because you want to have fun?  Huh Hahaha. If you want to have fun and you mean to have fun then there other ways to have fun. You can find your to a video game centre, search the internet for games to play, go swimming with your wife or friends or go watch matches live without staking on them. If you make a stake then you are probably not going to be having fun with that because your is emotions is attached to the money you have staked and expected to win.
4  Local / Nigeria (Naija) / Re: NYSC scheme is another failed structure that could have helped our economy. on: February 22, 2024, 08:48:32 AM

How does teaching help better our nation?  What we have is teachers teaching other teacher that will end up becoming teachers. How does that translate to a nation becoming productive to be really honest?


Teaching is important and good but maybe you no really put the question well. Like me I don't see the reason wey dem go send people go out for a year to go teach as if trained teachers no dey the school. It is understandable if dem ask people wey study under education to teach but to just put everybody or must corper for teaching line no make sense because it is not useful after that one year for dem wey no dey under education.

Wetin even stop dem to use dat one year train people for skill acquisition so dat after dat one year beneficiaries fit establish small business by demselves with even the small money wey dem fit save (lol I dey talk about save wey only half bag of rice don collect all the alawee. In fact, I don talk say make dem scrab the program because the purpose is no longer visible. Insecurity just dey grow for the country like mushroom so wetin be the need again. Nysc don lead different good brains and young people to early grave through accident and insecurity challenges. Which one we go talk or live regards the nysc abi na the contract scam wey dey go on for acquisition of facilities for the program like the fake and substandard uniform, beds, feeding on the camp etc.
5  Economy / Gambling discussion / Re: Recovering gambling addict stories on: February 22, 2024, 07:52:19 AM
The most important thing is not to go back to the addiction after you have come out of it and made such video.

This story is synonymous to gambling addiction stories and there is something he pointed out that I feel gets a newbie into the addiction and that is first time wins or early wins. Yes I think as a newbie if you begin to lose, you may be discouraged to continue but by the time you start winning then you have that pump up adrenaline to keep playing and before you know it the loses starts to come and you enter the chasing for loses stage and there the addiction builds up more.

It will be a worse addiction that your children won't matter to you but the next bet will engulf your mind, this is really absurd and the height of the addiction.

However, I have witnessed gamblers losing there relationship, wife because the gambling is losing more than he is winning but in the case that he is winning, it is rare losing your relationship. You don't give time to relationship if you are losing because you keep researching for how to better yourself on the gambling.

Well, it is a usual story of gambling addiction and meant for learning process.
6  Economy / Gambling discussion / Re: Donít play gambling with drugs or in half sleep on: February 21, 2024, 09:42:39 PM
Being on drug and gambling is not going to give the gambler a good mindset to analyse what he is playing, likewise being intoxicated and gambling. At such times of gambling, you can only rely on luck and not by your calculated effort.

So you have done your best for your friend and giving advise that will also help gamblers here. To be under the influence of drug or other substances that will make you not be calculative to your betting will keep getting you loses and not profit.

Gambling is better when you have a sane mindset so that if you are losing, you can have the emotional stability and control to stop yourself. You can also be able to control your bankroll more than if you are under the influence of drug because you can go as far as signing away your property to get an instant cash or loan to continue the negative thrill you are having. It is a good advise to be adhered to.
7  Economy / Speculation / Re: As Bitcoin Prepare for more Bull, What's your Decision on: February 21, 2024, 07:48:36 PM

Bitcoin is all I need and you can ask me why?

No need to ask. Bitcoin enthusiast already know to accumulate is better than procrastinate about accumulating  Grin


Because Bitcoin is on it irresistible move to $60,000 and more thereafter halving.


$60,000 is not yet at the current ATH and bitcoin has the tradition of doubling it previous ATH or trippling it, so if you calculate ATH of $68.997 and doubling it or maybe times it by 3 then you can estimate the range of next ATH. This has been the tradition with btc in the past 10 years plus. Bitcoin at the last two halving was around $20k and it went up to $68k. So be assured that after the resistance, bitcoin price will keep soaring especially after the halving in April.
8  Other / Politics & Society / Re: Corruption enlarges when politicians uses the citizens for disruptive tools. on: February 21, 2024, 07:24:56 PM
In this side of the world, if you want to commit an offense maybe corruptible activities, if you are caught in a minor offense, you will be prosecuted but if you commits a highily level of offense, it is negotiable and you would be celebrated even likely to be awarded. Shame!


This could be the issue of the constitution where such crime and its punishment is written and it depends on the mode of committing such crime or offence. Like for instance with the crime that involves physical exertion of strength, use of force and weapons. These types of crimes can cause bodily injury or harm to the victim or survival and the law doesn't joke with such kind of crime that will inflict injury or cause death to someone from such act if there is no other provable extra factor from the attack that caused the death. Therefore, if you then commit a crime that falls on such physical injurous offense then you will be charged according to what is written on the sections of the constitution or the law where it is found. Example stealing a little substance that worth less than $5 will be equated as if you stole probably $1 million, so because it is under stealing and the law presume force, use of weapon on the crime to scare victim.

But on the contrary, stealing by trick, pretence and all sorts that doesn't involve use of force, bodily harm, death etc, they are categorised as lesser crime. Therefore, if you trick someone even beyond what a thief steal, the trickstar is likely to get a lesser punishment or penalty. So either it is unfortunate but it depends on jurisdiction and the law guiding them.
9  Economy / Gambling discussion / Re: Couple won the jackpot but split soon after! on: February 21, 2024, 06:45:52 PM
It looks like a story dealing with distrust in relationship and this buttress the point of not to throw in all in a mere relationship. Relationship is different from marriage and Charlotte couldn't have done that to Michael with all the impetus that looks like she is going free from it.

What could have caused Charlotte to decide sending her boyfriend away because she won a jackpot , this unfortunate but such action is not peculiar to any the female because the male also does that so long it is a mere relationship. Anyway, lets see if Michael will succeed in his 50/50 bid or if he is going to get lesser or nothing from his lawsuit if he can prove that his transfer would have been used for the bet if there was no network hitches.
10  Economy / Economics / Re: Isn't it all about money? on: February 21, 2024, 04:25:46 PM

What if I don't want to go through all these process, don't care if I'm a graduate or not or if I'm good at speaking good English or not buth I'm just focused on how to make the money and end up making the money, won't the end justify the means?

Have you also thought of those who made money by not being formally educated how they sort to go to school after they have been successful and wealthy. There is a hunger for being formally educated and that is why you hardly see a very wealthy person lacking education. In the past, traditional rulers and monarchs may not be educated but those days are gone because now they are the class of highly educated and professionals who have excelled in different fields before retiring as traditional institutions. Education is more of competition than a luxury.


I mean, we can just learn how to read and write and focus on how to make money.

This is very important at least you can sign off your own document without a third party knowing what business you did. Knowing how to read and write creates a level of independence in people and they are free from certain encumbrance that would have been caused by not knowing how to read nor write.
11  Economy / Gambling discussion / Re: Do you feel excited while gambling on: February 21, 2024, 02:32:52 PM

I just have to bring this to know the category of people who belong to this sets that always feels bad or are emotionally touched due to their games has been constantly bursting without winning. I don't know how to channel it but at least gambler should be happy most times i will noticed that only 1 games do take me away from winning and most times there will be option to cash out I will have the full confident that all will be successfully played without knowing games change even at dying minutes.


Your feeling is mutual and that means you are not the only one that feels this way. Some gamblers have taken some break because of this as they don't win after playing series of times with high hope of winning. The most painful aspect of gambling is when you have seen a reasonable amount in cashout but refuse to click on the button to exit your game in some little profit and then everything disappears like you never had the opportunity for the green  Grin

I have learned not to be greedy in gambling because I have seen that most missed chances to winning emanates from not taking a quick decision and that is caused by greed. There is no need to beat your chest that your bet will be successful and then you let a chance for cashout roll away. Cashout is very good for gamblers to avoid losing all and gnashing your teeth in regret.
12  Local / Nigeria (Naija) / Re: How Does popular economic trends solve real life problem? on: February 20, 2024, 10:16:50 PM
Everywhere is currently flooded with the price of the dollar and fuel rising too high that has directly affected the price of foodstuff and so many things in the market and BTT is not left out as so many threads is now centred about our current economic situation.


You see my brother this na part of the right wey people get through the freedom of speech. No be only this platform wey people dey write wetin dey deir mind, if you listen to radio na the same thing, for Facebook, X or other social media na same thing because the government never try do anything but to increase the hardship on people. That na why the last administration try to ban different social media platforms because dem no want make people dey talk about their bad policies.


My question is, how does this whole trend help reduce the price of dollar?


Don't be surprised that government personal are somewhere locked around but moreover government go through other social media handles and pages to get reaction of people on governance. They have media aids and press department that relates the pulse of the people to their boss. Be rest assured the media put the government on their toes. At least you hear say dem be do meeting with cement producers yesterday and because of that meeting, cement price suppose come down between 7k and 8k depending on the state and bua promise to release 6 million tons to the market to further crash price. So e still make sense when people express dem self irrespective of the platform so long they are saying fact and truth to it that glares in the faces of everybody.
13  Economy / Gambling discussion / Re: A famous influencer lost more than $4000 in just 2 minutes. (2) on: February 20, 2024, 08:30:22 PM
If a person is an Influencer, then for him losing $4,000 in a couple minutes is not as significant as it is for most of us. On the contrary, this information will be able to attract new subscribers to him, and he will be able to make good money on this information. Any anti-advertising in skillful hands becomes good advertising.

Yes some how you never can predict what these influencers are up to. They might be out to have a negative advertisement to draw sympathetic support to their pages and after all turn into subscribers.

Well we have all had our own loses and what makes it different that we are sure they are genuine loses and not meant to call out people for other unannounced purposes  Grin
14  Economy / Economics / Re: Economy pressure on: February 20, 2024, 05:44:10 PM

How can a family man who earns 50k with 3 kids and also paying for rent feeds and many more, how can he with stand this economy pressure where there is no stability no mouthwatering salaries at all. This days we wake up and pray things should get better but it's like our country does not accept prayers everyday increments.

Such difficult situations are what causes corruption. Such man when he is enticed in the office with money to do the wrong thing, he is likely going to do that and collect the bribe money to augment his salary not minding the havoc his action or omission will cause to the company, the economy and the country at large. This is why the government need to grow the economy genuinely and make provisions for better standard of living including the enumeration of workers, proper health care and welfare packages so that they would give in their best without fear or favour.

For instance if that same family man was well paid with all his work entitlements and benefits for him and his children welfare is sure like it is in an organised and working country, then he won't fall for such temptation. So not falling for such bribery temptation to manipulate figure or to omit same for collection of certain heinous bribe. This pulls the economy backwards because some thing has gone wrong. Low salary and low standard of living leads to distrust, compromise and the height of it being corruption that gradually kills the countries economy.
15  Economy / Gambling discussion / Re: Gambling and Behavioral Change!!! on: February 20, 2024, 04:43:20 PM

If you have better limit on how much to lose, I dont think your emotion will change that much.
I cant deny that I was like you when I was still in my early gambling journey, luckily experiences teach me a lot and I can learn from it.

In gambling, having a better limit or percentage of bankroll to gamble isn't what matters above emotions rather you need better emotion to be able to manage whatever decision that you have made about your gambling habit or how much you want to be gambling from your bankroll so that at the time you get to that mark then you have the emotional control to stop.

In other words, emotion come before your gambling limit. A good gambling limit or percentage with a wrong or bad emotion will end you up so shaky. You need better control of your emotion so that you can follow your gambling plans just as when you are still uninfluenced by your gambling winnings or loses.
16  Economy / Gambling discussion / Re: Have you won a bet with your last cash? on: February 20, 2024, 12:43:27 PM
Luck is not something that comes all the time and that's what makes it special when it comes to you while you are gambling, some people cheat when they gamble and they said is luck which are all lies but inside them they already know that it want luck but cheating.


I like to understand how you mean people cheat while they gamble and say it is luck. How is that possible that you will successfully be cheating on a casino and you are free without being caught.


Although, I had more money on  my account that I can use for transporting my self back to my house if incase I lost the physical cash, that was why I wasn't afraid to stake with it.

Risk is good but unnecessary risk is not being wise. In this case you are very lucky to have won with the last bankroll you had in your gambling account.

What would have happened if you lost should be what is uppermost in your thinking especially if that happened at night where it would be difficult to maybe get transport or to get someone to help you exchange cash on your app.

Well it is an adventure that you have been lucky to succeed on but I believe it is riskier gambling with your transportation because you can be stranded which is more risky than gambling. I have not gambled with the last cash and that is why we need to guide our emotions. It is the emotion that leads to that chasing back loses.

17  Local / Nigeria (Naija) / Re: Is this ideal? on: February 20, 2024, 11:54:43 AM
You sometimes it appears as if people wey dey government no dey think or dem no get reasonable calculation of wetin dey cause a problem. E get wetin dem dey call cause and effect. The DBC operators wey dem arrest now na dem say make government no fix electricity for production? abi na dem say before you go remove subsidy then you go get measures to stop increase in pump price of fuel, diesel, kerosene, aviation oil and now cooking gas don join. Na the people wey dem arrest say make dem no build refineries.... It appears Nigerian government just go waste every 4 yours times 2 on the seat. Abi dem go arrest binance management too? Funny people.

When dem worry about Naira crashing then they should look at the cause of it. How far is the manufacturing sector of Nigeria , zero. Nigeria na consumption country and dem dey rely on importation and for dat to happen, you go need to convert your Naira to dollar meaning you have to search for where to get the dollar and since the dollar is sort after then the rule on demand and supply go come into play, so the demand for dollar is high and the value go increase. This thing solution na for the government to fix the economy, no be to dey arrest innocent people wey dey hussle deir own.
18  Local / Nigeria (Naija) / Re: Bitcoin will conquer fiat the same way fiat conquered trade by barter. on: February 20, 2024, 08:15:35 AM

From the recent happening across the globe, it's going to be that The same way people left the bartter system to the fiat currency because of the advantage of fiat over the barter system is the same way they will also leave the fiat to Bitcoin because of the advantage Bitcoin has over fiat.

There is sense in the things wey you talk but you no go generalized the fall in the value of our Naira to other fiat because you dey use globe for example. Many other countries still get a very strong and comparative and comparable exchange rate unlike wetin we dey see for naija. So to com dey think and say bitcoin fit take advantage over fiat just like e happen during trade by barter, that one fit happen for Nigeria if at all it is possible but other fiat still dey strong like countries wey dey middle east wey dey produce oil and other viable export commodities with good leadership, their currency even get value pass dollar . So such countries self no go even consider bitcoin for now. Na countries wey poverty don chop go dey look for escape route and that is why dem fit dey look bitcoin but bitcoin no be substitute for Naira or any other fiat but alternative.
19  Local / Nigeria (Naija) / Re: Where are we heading to in this country. on: February 20, 2024, 06:47:38 AM
image
Literally this shit is getting out of hand, those that are having the mindset that as dollars is increasing it would make their investment more profitable. Don't forget that as the rate of dollars increasing, that are things are also getting more expensive. So even though you convert your dollar to fiat with big rate. The expenses out there would still endup taking those profit's from you.


My brother, you see these figures, they are going to keep increasing because there are no measures to hold it back. Tinubu administration is only thinking of palliative and not solution, moreover the palliative also ends in government offices. We have seen the way Nigerians have been hussling and fighting over food on the road and hijacking trucks of yam which is unfortunate. Unfortunately, if they don't fix the economy, there won't be an end to this inflation and food scarcity. There have not been measures to stop insecurity and farmers can't go back to farm, the rise in the cost of food is not excluded from the insecurity in the nation. So we are going to keep having this problem of rise in cost of living until the key sectors of the economy is getting attention. The electricity problem dey worst daily, no refinery, insecurity, transportation and many others dey tie the economy like wrapper.

My brother if you dey talk about dollar things, Omo people wey deir business dey for dollar dey enjoy na po. You can't compare dollar to Naira. Last two weeks dollar exchange na 1, 450 and today na 1,650 meaning say 200 hundred naira don add join. So this mean say if you hold $1,000 dat last week, you get 1,450,000 Naira and today that same $1,000 don enter 1,650,000 Naira. So the inflation for the two weeks no concern you because you already get extra 200k in Naira to stand with am. Therefore, you can't compare person wey dey collect dollar with person wey dey receive naira for this country.


Thank God that we all are still alive because this country I don't know where they are carrying it to, so my brother the fderal government said we sould have patience that Nigeria will be better soon

My brother we still thank God but if you see Tinubu convoy you go know whether dem too get plan for this country. If you know how much government dey spend on convoy you go know say dem no want manage. So to ask people to manage or be patient dey baseless and annoying.
20  Economy / Gambling discussion / Re: Gambling friendly countries on: February 19, 2024, 02:49:09 PM
Well I have not read of Nigerian gamblers complaining of being taxed or neither the gambling companies complaining of low patronage, so whichever one you choose may be profitable as their seem to be huge gambling environment for Nigerian gamblers  Grin

However, looking for a region to relocate to because of their gambling suitable environment shouldn't really be priority but priority should be how efficient your gambling profitability is. Grin
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