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11
Cryptocurrency discussions / Re: The impact of crypto on our lives
« Last post by Uruhara on Today at 12:55:42 PM »
Quote from: Jamal Aezaz on Today at 12:23:57 PM
Quote from: de_prof on April 28, 2024, 02:21:17 PM
Many predict that bitcoin will become a means of payment in the future. but until now the governments in many countries still have not allowed bitcoin as a payment method for many reasons. Who knows..

Bitcoin originated as a currency but now its investment property is widely used instead of using it as a payment method so in future it will be more useful as an investment asset because people want to increase their wealth therefore they will never spend that thing which gives them extra sum.

Everyone thinks about their success and no one will be in desire to give their Bitcoin to other people and wishes to keep it for longer until it gives them huge profit. In future people will focus more on investing in Bitcoin for longer Instead of using it to purchase things.
With transaction costs sometimes increasing rapidly, it is clear that currently Bitcoin is only more convenient to use for investment purposes. There are actually many payment methods available on the internet today. But in the real world it is still difficult. Only El Salvador currently still supports this. But I am optimistic that one day payment methods using Bitcoin will be legalized in more countries. But the thing is I'm also pretty sure people would rather hold bitcoin long term for a long term investment.
12
Gambling discussion / Re: In gambling what is the importance of mental support?
« Last post by bitbit97 on Today at 12:52:37 PM »
Quote from: 0t3p0t on Today at 12:39:31 PM
Quote from: Rubel007 on Today at 02:33:50 AM
To win at gambling, one needs a combination of luck, skill, and strategy. Even with these factors, I believe there is one another crucial aspect for a gambler's to get win that is mental support. The reason I say this is because when I am not mentally prepared, if I engage in gambling, I loss the bet. Are there any among you who, despite an unwillingness, still manage to win at gambling? or Do you think mental support is the one another key factors to win in gambling?
Yeah that is why we have to be mentally and physically fit before going to gambling for us not to be able to do something stupid because if not then decision making would be difficult and we're peobe to distractions or even have this bad temper when experiencing loss.

I can agree that person must be mentally ready for gambling (when in general person must be mentally ready to accept loss and that is it), but why he must be physically fit? If I dont do 10 push-ups I am not suited for gambling? If I am fat for example, that means others will have advantage over me in gambling? Pushing buttons, holding cards, throwing chips require special skill and strength to do? As well the word skill also raises questions. What special skill require gambling?
13
Gambling discussion / Re: [Football] English Premier League Betting & Discussion Thread
« Last post by Uruhara on Today at 12:50:17 PM »
Quote from: koang on Today at 12:27:42 PM
Quote from: pawel7777 on April 28, 2024, 11:50:03 PM
Conclusion: still anyone's game and way too soon for the City fans to be popping champagnes. The game against Tottenham is potentially the toughest one. They can't really allow themselves to draw any of those 4 matches as Arsenal has a goal difference advantage of 7 over Man City, meaning they would snatch the title.

Yep. Having more remaining matches does not make City's chances better than Arsenal's, both teams still have the same chances
Pep and Arteta know exactly what they have to do, they cannot afford to drop a single point.
If one of the teams draws, That doesn’t give them the league.
And the good thing for Arsenal fans is, that Arsenal has improved and remained consistent at the end of this season.
Usually, they lack discipline at the end of each season
Tottenham is indeed the only team that will be expected to make things difficult for Man City in the remaining matches. But Tottenham, who just suffered a defeat against Arsenal, also showed that they really weren't in their best condition. And maybe even when facing Man City, Tottenham might experience defeat again. But Tottenham also have good motivation for the remainder of this season. That is, they will struggle to overtake Aston Villa, who are currently ranked 4th. And that means Tottenham can no longer lose points if they want to get close to Aston Villa. Even in the postponed match against Chelsea, Tottenham must be able to make good use of it. If Tottenham lose to Chelsea then it is the same as this team is not ready to compete for tickets to the UCL. And yeah, Man City fans shouldn't rush to be happy. Unless Man City really has a points advantage.
14
Gambling discussion / Re: Will you still gamble after suddenly becoming rich?
« Last post by 0t3p0t on Today at 12:48:41 PM »
Quote from: Dr.Bitcoin_Strange on Today at 08:18:24 AM
Quote from: Rruchi man on April 26, 2024, 08:09:32 PM
Quote from: Dr.Bitcoin_Strange on April 26, 2024, 06:02:35 PM
I believe the question is if you'll still keep on gambling after suddenly becoming rich and not after hitting a big win. They're both two different scenarios.
I agree that there is a difference between the two.

The rich still gamble, and some even gamble for more money already, so that means that being rich will not immediately eliminate the feeling of wanting to gamble for more.

An addicted gambler will always gamble, even if they are no longer rich but now wealthy. Gambling will become fun, and maybe to make some more money.
Even rich people get addicted too to gambling, but most gambling problems are mostly amongst poor people. Because the main thing that leads to gambling addiction is a gambler viewing and approaching gambling as a way to make money and increase their wealth or viewing it as a source of income or career without truly possessing the required experience, knowledge and skill required to approach gambling as a career. And we know that this is common amongst poor gamblers.

Rich gamblers on the other hand they mostly have sources of income so cannot consider gambling to me one because I'll say they actually understand the risks behind gambling, I believe this is what helps them to keep their emotions and finances in check when gambling.
Yeah exactly. Poor people do gambling more than rich people though there are gambling addicts that were from rich family as well but there were only few of them because majority comes from poor people and one more thing money is not a problem for most rich gamblers since they do have stable source. Based on my observation here in my place that is what the reality is. Regardless of financial status both can gamble even after a huge win.
15
Nigerian Languages / Re: Know More About the Forum as a Newbie
« Last post by Cryptsafe on Today at 12:47:52 PM »
Quote from: Cantsay on April 29, 2024, 01:09:24 PM
Quote from: enwi on April 29, 2024, 09:58:51 AM
I prefer to paste photos and links that can be included rather than having to copy/paste the same text. After that we can give our personal opinion about the information we want to share. At least that way we can stay safe.

This shouldn’t be a big deal, just make sure to follow the right protocols and you’ll be fine, you do t have to start killing yourself for it. If you know that you’re copying someone else’s work just add link and that’s all, no one will request you to write a long epistle about your reason for using their work as long as it was referenced properly.
Proper referencing and citation as the case may be is very good if it is a copied work. This is the issue facing many uniformed members here. They copy firm other people's work no ot online and other platforms without any acknowledgement which is an offence and that amounts to plagiarism which is also a crime in the eyes of the law.

Although there is a bit difference when someone copies his or her work from elsewhere to another platform but in the real sense, one must be able to reference it so that people reading would know because the identity where it was copied from might be different Identity where it was pasted but it is still the same person who owns the write up. To avoid such a situation of  being tagged, you will have to make a reference for clarity.
16
Gambling discussion / Re: Jake Paul vs Mike Tyson live On Netflix July 20
« Last post by bitbit97 on Today at 12:47:06 PM »
Are we really going to see a fight, or it is only before the fight both fighters are barking on each other, but during the fight we will see that one is in the ring only to get paid. When I see those two, I dont understand what motivates Mike Tyson to fight. He had already enough fights in his life. If he wants to refresh his memory of good old boxing times, then it will be enough for him to sign for boxing training program. Jake Paul is here only to speculate on the legendary name. I dont think that Mike Tyson is going to be a winner in this fight in any aspect of it; not beating Jake, not earning a lot.
17
Gambling discussion / Re: In gambling what is the importance of mental support?
« Last post by 0t3p0t on Today at 12:39:31 PM »
Quote from: Rubel007 on Today at 02:33:50 AM
To win at gambling, one needs a combination of luck, skill, and strategy. Even with these factors, I believe there is one another crucial aspect for a gambler's to get win that is mental support. The reason I say this is because when I am not mentally prepared, if I engage in gambling, I loss the bet. Are there any among you who, despite an unwillingness, still manage to win at gambling? or Do you think mental support is the one another key factors to win in gambling?
Yeah that is why we have to be mentally and physically fit before going to gambling for us not to be able to do something stupid because if not then decision making would be difficult and we're peobe to distractions or even have this bad temper when experiencing loss.
18
News related to Crypto / Re: Hong Kong Bitcoin and Ether ETFs tough debut on first-day trading
« Last post by ABCbits on Today at 12:38:27 PM »
Even considering total population between those country (7.5M vs 334M[1]), the difference is very big. I wonder whether ETF isn't popular choice among HK investor or HK investor simply being cautious after looking Bitcoin price post ETF on US.

[1] https://www.worldometers.info/world-population/population-by-country/
19
Cryptocurrency discussions / Re: If China soon welcomes crypto: strong bullrun?
« Last post by Jamal Aezaz on Today at 12:35:02 PM »
Quote from: yohananaomi on April 24, 2024, 11:46:19 PM
You are right, theoretically, as more countries want to adopt Bitcoin, its popularity will increase and trading will definitely become more active, which will result in prices possibly also increasing. China has banned it because the mining that takes place there really disrupts the ecosystem in their country, but if we want to accept it now, it will be because there are other elements that we may not yet know about.
Hopefully, this is good news, not just increasing the popularity of others.

Its price will increase because the success of Bitcoin is highly concerned with supply and demand so with increasing demand Bitcoin will become lower in numbers which will increase its worth because previous things are limited in number and increased in price.

China will accept Bitcoin because nobody can ignore the success of Bitcoin and everyone wants to choose a successful platform to make their economy better. If there exist some disadvantages then advantages are also there due to which we have to accept it and further work is needed to minimize its harmful effects as every problem has a certain solution.
20
Форум криптовалют - Криптовалюта / Re: Стоит ли брать кредит?
« Last post by bitbit97 on Today at 12:34:33 PM »
Quote from: Etranger on April 29, 2024, 04:21:58 PM
Quote from: bitbit97 on April 29, 2024, 02:57:19 PM
Зная про цикличность крипты, кто-нибудь бы рискнул взять кредит на покупку? (речь идет не о десятках тысяч и миллионах, а скажем о тысяче)

Я не очень поняла вопрос. Речь идет о кредите в крипте на покупку чего-то (скажем, недвижимости) или же о фиатном кредите для покупки крипты?

Отвечу на оба варианта. Кредит в крипте возможен только на централизованных биржах, насколько мне известно. Ну, его аналог, lending под залог другой крипты. Я бы на такое не шла, это очень не выгодно, плюс сроки погашения довольно сжатые, нет гарантий, что удастся заработать на чем-то и такой кредит вернуть.

Если говорить о фиатном кредите для покупки крипты, то тут проблем я особо не вижу, если человек считает, что он довольно успешно анализирует рынок и текущие тренды. Если говорить о биткоине, то в долгосрочной перспективе он растет, это хороший вариант для холда. 1000$ кредит - это не так много, так что можно попробовать и взять его для покупки биткоина. Но это лишь в том случае, если нет других свободных средств лично Ваших. В целом, я против кредитов, они висят потом, как дамоклов меч над головой. Но понимаю, что в современных реалиях иногда по-другому просто невозможно.

Взять кредит в фиате на покупку крипты. Об этом и был первый пост в топике. В сравнении с 2018, в 2024 мы уже видели ни раз как тот же биткойн падал в разы от АТН, а после обновлял его. Зная о  банальном 4-х летнем цикле, может начать зарождаться идея взять кредит на 4-5 лет и купить биткойн. В 2018 году при буме криптовалюты, люди не обладали достаточными данными о росте крипты. Сегодня ведь ситуация иначе. Сегодня и люди смотрят на крипту иначе и возможности иначе.
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