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Messages - Gurujebs

Pages: [1] 2 3 ... 78
1
Bitcoin Forum / Re: What Happened To Bitcoin?
« on: Today at 02:00:16 PM »
Quote from: 0t3p0t on May 08, 2024, 03:54:46 PM
I agree. I think one of the reason why people are only watching the price momentum because of the fact that we treat Bitcoin as the best investment rather than using it as payment method. The potential of making Bitcoin as an investment is quite huge and it offers tons of opportunities we can grab compared to using it as a payment system dwhich is for me not an option anymore due to some reasons like high fees.

On chain Bitcoin network can't be use as a normal transaction, as long as Bitcoin network is designed to prioritize transactions, it wouldn't work. You don't expect people to pay $10 dollar because they want to get something across street and they have to wait for the transaction to be comfirm in some minutes and if mempool get charge with more transactions, you will have to wait until it cool off with transactions.

Bitcoin can only be as utility investment to the people and not really as settlement currency but maybe you can say Lightening network but it doesn't have liquidity like the main chain.

2
Gambling discussion / Re: [Football] English Premier League Betting & Discussion Thread
« on: Today at 01:42:28 PM »
Quote from: Uruhara on Today at 11:18:52 AM
If you look at the performance of the two in the last matches, it is clear that Arsenal will be the favorites to beat Man United. The advantage that Man United has is probably just being the host. But I'm not sure Man United will improve just because they host. Last season, Man United was able to beat Arsenal when Man United was the host. But this season will be different. because this season Man United has lost its consistency throughout the season. So we really can't expect too much from this team.

My problem is not how Arsenal are going to win the rest of their matches, the main challenge here is that will Manchester City lose any match remaining weeks? Those guys means business and the fact that no team come their way without conceding goals, then Arsenal is only doing work that will only lead to no place, there is two point from outstanding match of Manchester City.

But if eventually Manchester City lose one match and Arsenal win the rest of their games, then Arsenal will pass through but Manchester City players will fell off because the likelihood of winning Balon D'or will reduce.

3
News related to Crypto / Re: FTX has billions more than needed to repay bankruptcy victims
« on: Today at 01:28:44 PM »
Quote from: ABCbits on May 09, 2024, 01:20:58 PM
It's unexpected good news, although i hope all of it actually goes to the FTX victim. After all, the victim gain some stress and spend decent time to fill report of their losses. Your opinion is greatly appreciated.

When the market enter bear market, the money that was calculated that was loss from FTX exit was almost $8B but with the way the market has revive and has grown close to the previous all time high, it the market doesn't collapse, they should be able to make back the losses for creditors, atleast pay back people their money.

However, there is a challenge, people who hold coins on FTX exchange would want to have an equivalent money in quantity of coins and not in the amounts it worth before the collapse but if I'm a victim of FTX, I will rather accept the amount than wait for the quantity. I will sell into usdt and buy back when the market fall later in the future.

4
Gambling discussion / Re: Do You Think Responsible Gambling Should Be Taught In School?
« on: Today at 01:20:20 PM »
Quote from: robelneo on Today at 11:25:13 AM
In a country where gambling is legal, and there are no regulations about age restrictions

Do You Think Responsible Gambling Should Be Taught In School to combat the young people from

Getting addicted to gambling, and do you think the school has the sole responsibility in educating the

Young one with a gambling addiction as they have the capability and knowledge about gambling

Education since they are educators.

Gambling is not a social life, it's an entertainment that people chose and not force and when you check the number of people that gamble, they are far less than people that don't gamble. It's not government responsibility to watch over you why you should gamble or never gamble, that's your choice and lifestyle.

If gambling is the least problem that should be thought in school, then what about good leadership? They don't teach that in school that's why society is full of politic crooks and looters under the government. What about teaching of self love so that we don't end up with society with plenty of inferiority complex and peer pressure that makes young people go into illicit activities.

Responsible gambling can only be the work of guidance and counsel, or even the parent to teach their kids so they don't start what will not end well later.

5
Cryptocurrency Price Speculations / Re: Who is HODLing?
« on: May 09, 2024, 05:01:35 PM »
Quote from: SmartGold01 on April 27, 2024, 10:22:09 PM
One must not be a trader to have bitcoin just as its now there are people who are trader and there are people who are investors, those who decides to trade can go ahead trading while those who invest can decides to hodl till when he decides to sell or when they think is right time for them sell off their investment.
I don't see anything wrong holding or trading they all depends on individual choice on what they feels like or what to do at the moment with their coin.

Trading is time consuming and for that, even if it's profitable not everyone would have that time to buy and sell but I can say that morr than 80% of people hold coins because some traders hold coin as they trade some.

I don't how cumulative some traders can be but I can say for a fact that trading can't give more return like the way holding will give a return on investment, no stress, no any technicals, just hold and enjoy the ride but it can be emotional because the growth of coins aren't linear, it's goes up and down continuesly.

6
XRP - Ripple Forum / Re: XRP hit $0.50 and volume spiked too!
« on: May 09, 2024, 04:42:43 PM »
Quote from: enwi on May 08, 2024, 08:20:24 AM
Ripple is not always a favorite coin for investors because so far there are still many coins that are favorites for investors, such as meme coin and others. Ripple can be said to be an altcoin that is quite old so there must be new innovations to continue increasing its users.

If you check very well, ripple has not been able to make quick recovery because of SEC problems and the Ripple company and when a company is having problem with security exchange commission, investors don't usually have trust in whatever the have to sell to them, this is why you don't see people hype ripple that much but there is number of investors that still hold ripple.

I'm very certain that ripple will make a good recovery because despite the fact that SEC is fighting them, they are winning, the SEC is pushing because they are back by the government but the court is ruling base on true judgement and evidence provided and ripple seems to be on the good side.

7
Meme Coins / Re: Top MEME Coins For 2025
« on: May 09, 2024, 04:22:34 PM »
Quote from: msz900 on May 07, 2024, 05:42:51 AM
Please share your thoughts on the upcoming Meme coin Pump for the mentioned coins, as how much they will pump?

Why do you think meme coin would have a chance in 2025. Take a look at the meme coin market, which meme coin do you really think has actually reach where people were shilling? They obviously has retraced and some has refuse to grow, only PEPE and BONK are doing on and off and I'm not sure if that's because of some news or just market thing.

You know what I'm thinking right, we have each coin that represents an economy and meme coin is another thing own it own and there is going to be atleast top 3 coins that will represent meme market and they are Doge, BONK and PEPE but this is not a financial advice please.

8
Trading (Not crypto) / Re: Invesment in gold
« on: May 09, 2024, 04:17:55 PM »
Quote from: antonyyu3 on February 21, 2024, 08:43:22 AM
Gold never disappoints us. I mean, if you are a believer in long-term investment. Many people will suggest you buy some ETFs, S&P 500, and gold. Gold has been proofing over time. Even with the rise of Bitcoins, I believe it would still maintain its value and co-exist with bitcoins.

Corona virus made the stock market to collapsed and that made many of use know about some of this alternative to crypto, I never for once give interest in gold but the correlation of the market back then made me know Gold price and it was trading around $1800 when the market has recovered from the collapse. However, the price of Bitcoin is trading today $2230 in the market as in typing this while Bitcoin then was around below $15k but today it's trading above $60k, now do the math's, will buy gold or you will risk it all and buy Bitcoin? Bitcoin remain superior investment.

9
Meme Coins / Re: Does Good Luck Play a Role In Crypto?
« on: May 09, 2024, 04:01:48 PM »
Quote from: MUGNIA on May 09, 2024, 03:55:29 PM
50% yes in my opinion, in crypto relying on luck when investing in new coins or memes, because if we have done research and it turns out it doesn't match our future thoughts it is very painful

If not all, most people that invest their money into meme coins are doing so with anticipation and having hope that in the future, things might change the coins they buy will turn good assets that everyone would want to buy, this is why they just buy small portions of them in many proportion in diversification and then hold it until when due for sale.

Even people that bought Doge back in the days never expected it to blow like the way it did, it was Elon Musk fueling that gave them such return and that was why we have plenty of these increase in number of coins today, and check them most are scams and pump-dump coins.

10
Cryptocurrency Trading / Re: Technical Analysis is what you need!!!!
« on: May 09, 2024, 03:56:55 PM »
Quote from: emmybd on May 01, 2024, 05:32:21 AM
Technical analysis is important to execute trade. Professional traders analyse various graphs and charts before going for trade. One has to spend time to learn technical analysis and gather extensive knowledge about trading if he wants to earn money by trading.

You don't only gather knowledge, you need other things to survive in trading and one of it is experience. If you learn all you need about technicalities in trading but you don't have the experience, you will learn another thing instead of making money, the time you are supposed to use to make money, you will be using it to align your knowledge and experience together. It's better to learn it together in the process before starting with real money.

11
Binance Coin (BNB) / Re: BNB prices will go up
« on: May 09, 2024, 03:51:39 PM »
Quote from: dekafee79 on May 03, 2024, 08:32:08 PM
You are right,  dude.
the government could buy bitcoin and try to manipulate the market, but why not do that, because the government is more focused on using funds for development. And the government understands that bitcoin is very volatile, it is very difficult to stabilize the price of bitcoin.

This statement is not entirely right. The government can buy Bitcoin but they don't have that time to waste tax resources to be chasing what then can't control, if they buy Bitcoin at lower price and used it to crash the market, they will only be giving Bitcoin to other buyers at discount and after few days again, the price will go back again.

I think there are Bitcoin that some country government are holding, like the US for example has some Bitcoin they have seized and they have not sold those Bitcoins, they are holding it and all now profitable.

12
Bitcoin Forum / Re: Bitcoin: The Most Beautiful Currency in the World
« on: May 08, 2024, 06:50:52 PM »
Quote from: Aanuoluwatofunmi on May 07, 2024, 07:03:15 PM
The beauty of bitcoin is in the various opportunities found with it, people have realized some of these potentials and they found it being what they required with their finances to adopt bitcoin as an alternative to government controlled fiat currency, when you make bitcoin your investment currency, you're not going to lack or miss out on anything regarding it, because its all about being profitable.

The fact that you can own a Bitcoin without leaving the comfort of your home is what you can't get anywhere, not even with micro banks that offer virtual banking because you will have to provide KYC at some point which is invasion of privacy but Bitcoin gives you this and your seed phrase that nobody will ever know except your lord and personal savior. Bitcoin is also secure, you don't have to worry about network down turn, you don't have to worry about anything as long as you keep your private keys safe in a proper place.

13
Cryptocurrency discussions / Re: Cryptocurrency good or bad for loan?
« on: May 08, 2024, 06:35:41 PM »
Quote from: UNIVERSE on May 07, 2024, 03:47:35 PM
Agree. It is better to use safe funds for crypto investment. It is not recommended to use loan money from banks for crypto investment. Crypto prices are very volatile and unstable, we can't expect to take profits any time we want. If we invest carelessly, we may end up with losses and may be trapped in the loan. This should never happen in crypto investment, the loan money must never be used for crypto investment.

What some people doesn't know is that loan has a time frame which it must be paid back, if you don't pay back, you either face problem of forcing to pay back or you continue to accrued interest rate until you finally paid back. Now imagine paying back after 2 years when your return on crypto investment is not more than 300% of your the loan you borrowed, by the time you do the math's and subtract the interest rate of 2 years from your profit, you wouldn't have anything left from your investment. Loan is a very bad practise for investments.

14
Gambling discussion / Re: [Football] English Premier League Betting & Discussion Thread
« on: May 08, 2024, 06:30:31 PM »
Quote from: JoyMarsha on May 07, 2024, 11:21:31 PM
Manchester United letting Ten Hag go will be the best option for next season, but who will be a better option for that "for the right choice"? If we can remember Manchester United has had many changes in coaches since Sir Alex Ferguson left. And up to date, no better coach has been found, from the bad performance of a coach to the other

Did they have expectations from his post record, they only gave him a chance to demonstrate a good leadership which in my opinion I think he is nothing but a garbage full of nothing but a principle man that has nothing upstairs to give to the team and not just him alone, the players looks like a tired ones, they need to releave them of their duties and seek elsewhere.

When he was messing with Ronaldo last season, everyone thought Erik was performing his duty, he was harsh on Rashford and people didn't say anything, they waited many months later to realize that he has nothing to offer the team but principle without experience.

15
Economics , Sociology & Politics / Re: Cost of living
« on: May 08, 2024, 06:17:24 PM »
Quote from: Legion on May 08, 2024, 02:30:09 PM
As you mentioned, war is a form of manipulation, perhaps this makes sense, when a lot of new technology is created and a country has an unlimited amount of wealth, it will have the potential to dominate the battlefield, but do we realize that this is a very selfish nature? What is the fate of those who are victims of war? Are people's lives determined by the greed of a country that likes war?

I seconded your opinion about war manipulation, it's nothing but a business for people that will not lose anything to make money. If you observe the war that has been happening since 2023 between countries like Russia, Ukraine, Hammas, Isreal, and Iran, if this war actually happen in 80s, the elites and friendly countries will be quick join the war but because there is a lot to lose when you engage in a war that is not yours, everyone just look while the top leaders call for peace. If a country made a decision to join a war, it is going to backfire one way or the other without anything profitable but loss and catastrophe.

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