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Many of these famous persons made other persons rich and wealthy during their times, like I think MJ did and am sure that goes to all our current famous persons who go out of their way to help as much persons along the way while receiving royalties and topped up with a great contract of percentage.
When people get famous and attain a level of wealth, it is always wise to be more careful which contracts to endorse, how much money is spent and invested and how not to be too generous.
Also, I think famous persons like the king of pop or other breakthrough famous persons in their fields, become famous by being excellent in their area of pursuit and made significant impact that generations will have to study their theories and analyze their abilities just to understand that fulfillment in life doesn't come from having so much money but in making a reasonable contribution to this world during your time here that others do not forget the legacy for eternity.
When people get famous and attain a level of wealth, it is always wise to be more careful which contracts to endorse, how much money is spent and invested and how not to be too generous.
Also, I think famous persons like the king of pop or other breakthrough famous persons in their fields, become famous by being excellent in their area of pursuit and made significant impact that generations will have to study their theories and analyze their abilities just to understand that fulfillment in life doesn't come from having so much money but in making a reasonable contribution to this world during your time here that others do not forget the legacy for eternity.
I say make i bring this one up here make we follow put mouth
As a cryptocurrency person for naija, one of our major alternatives most especially for those of us from bitcointalk naija local boards, our major alternatives na either gambling or trading with bitcoin or other coins.
Aside from the fact that this two can give you possible high profits within a short period of time, both can still lead to major loses na why we advice make you do them with money you fit lose.
So how e be for you, using bitcoin or cryptocurrency to gamble and trade, as source of alternative income, as a Nigerian bitcointalk member?
As e be so, unless I see my fellow Bitcointalk member wey dey do business and e agree to receive or send payments via Bitcoin as currency of choice, before I go use my Bitcoin o. I no wan hear story wey long because the loss of Bitcoin is unrecoverable and for the exchanges wey we dey use, head office to complain to customer care too far o. As a cryptocurrency person for naija, one of our major alternatives most especially for those of us from bitcointalk naija local boards, our major alternatives na either gambling or trading with bitcoin or other coins.
Aside from the fact that this two can give you possible high profits within a short period of time, both can still lead to major loses na why we advice make you do them with money you fit lose.
So how e be for you, using bitcoin or cryptocurrency to gamble and trade, as source of alternative income, as a Nigerian bitcointalk member?
To answer the question correctly as it is laid out, I would simply just hold Bitcoin for now and observe the market as well as learn how to improve any trading skills I have in me, overlooking the foreseeable future where Bitcoin walks hand in hand with other top performing crypto currency to rule the currency market in the world above the dollar and pounds.
The question is will 1 Million naira make good results in btc trades now, or investment of btc?
Trading is a good business if you have mastered the skill and with it, you will make far more than you can earn from holding the money in Bitcoin investment. However, considering the risk of trading which is the risk of losing all your money, I will go with investing that money and holding it because I'm sure that in few years from now, the money would have increased. To acquire the needed skills and knowledge for BTC trading would sound nicer if there's already a passion for it and am sure it should take up to 6months to become good at trading BTC, but if there's urgency to invest the 1 million for fear of uncertainty, then investment in any other business or simply holding the BTC till a duration that may span up to 5years and more, should produce a substantial return in a good bullish season where price is high and one can sell some BTC to diversify into other newly launched projects or existing ones or into a good physical business or even real estate.
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Current amount of posts (including this one):3781
Bech32 BTC Address: bc1qfpnrz9et70euxm33kct968cfgdgk950gnwa528
Earned merit in the last 120 days: 17
Are this these the dangers of becoming a gambling professional or a gambling addict because in my opinion no one can really become a professional because gambling isn't a profession, the actual word here is addiction. There are lots of problems serious gambling can attract and income is the most common danger. Gambling can make you squander your income, this can make you fall into debt
I just want to clarify that there's actually a difference between a gambling professional and a professional gambler. While a "professional gambler" is a type of "gambling professional," particularly one who makes their living by playing several gambling games, "gambling professional" could be any person who works within a professional role in the gambling world, whether they play or not and this is a difference that means a whole lot when considering the dangers of becoming a professional gambler.
In today's economy, if you want to get richer which one would you want more? Money to kickstart your idea or career... or just creativity and resourcefulness? With social media being more important in the economy and creation of jobs, anything is honestly possible now.
Sometimes giving money to people to start up what they intend don't really encourage them to do better and step up, so then I'll like to say it's preferably good to go on with what's best for one. It cound be money or resourcefulness pending how profitable and results oriented it can be. likes of me give me the resource and creative mind and I'll sure make the money from it.
One without the other given to an aspiring entrepreneur would ensure they suffer extra or have to travel a longer way to achieve their goals in the end.
Yes you read the topic right! 
The biggest lessons are learnt from failure. Too many times, new traders are interested in how a trader turned a $0 account into a huge amount, but not how a trader lost all their deposit to bad trading. As a lesson to the few who do not already know this, I am sharing my experience on trading, and how I rekt my account earlier when I started trading.
Those are the few lessons I learnt from failure, what did you learn?
It's so disappointing you had to learn from your loss, not many had the opportunity to do so until they lost way more than the $100 you did lose on your trades. The biggest lessons are learnt from failure. Too many times, new traders are interested in how a trader turned a $0 account into a huge amount, but not how a trader lost all their deposit to bad trading. As a lesson to the few who do not already know this, I am sharing my experience on trading, and how I rekt my account earlier when I started trading. - Going against the trend
- Revenge trading
- Trade everyday
- Trading every coin instead of choosing a few that I could understand their movement
Those are the few lessons I learnt from failure, what did you learn?
I also commend your effort in taking note of some valuable lessons you think would be helpful to many traders alike and although if you had been careful enough to go through some old topics, you would have gained insight to older experiences that has been shared here and would have saved more than you lost during your first stage in trading.
I know how not to chase losses and well, I lost some dollars too as I learnt that the hard way, and I sure as hell don't trade or trade much for that matter when I am stressed out or in a noisy place or when I have more important financial commitments ahead.
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Technology has advanced much more so these days that just about any smart phone with good memory space and good Internet connectivity would do.
Where this question as regarding the kind of device one uses would become very important is when there is passion to delve further into programmable tech of which mostly functions and regards the use case of IPs and location tags, as well as other factors that might include for coding and for developer options.
Due to reasons of affordability, many of us go for Android OS and we have seen how these android devices has evolved to even do almost better than the IOS apple devices, not withstanding the sleek and adaptive nature of the apple IOS.
Where this question as regarding the kind of device one uses would become very important is when there is passion to delve further into programmable tech of which mostly functions and regards the use case of IPs and location tags, as well as other factors that might include for coding and for developer options.
Due to reasons of affordability, many of us go for Android OS and we have seen how these android devices has evolved to even do almost better than the IOS apple devices, not withstanding the sleek and adaptive nature of the apple IOS.
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Re: A quick assessment: How has relationships helped your gambling activities?
So far I would say I have been more reliant on my old gambling skills and strategies seeing that I no longer have friends that are generous enough to share betting codes and give updates on new strategies to gamble with, so I want to know how successful in your gambling activities you have been so far if you compare;
a. Gambling with help of friends and associates who share codes and betting strategies, versus,
b. Gambling alone depending on pure wits, knowledge and personal developed strategies?
However, gambling depends on luck and not by your own analysis or that of your friends but it's good to develop yourself by watching the matches, make research and analysis the game before placing your bet.
Pertaining to leadership roles, do family financial background have much effect?
Do top leaders or presidents of countries or big corporations and businesses do better economically because they were brought up from a rich family background with wealthy parents or from a poor family background with poor parents?
Or better put, does the financial status of ones family background, that is, does one being born and brought up by rich or poor parents, have a lot to do with how well they do later in life when they attain leadership roles in big corporations and businesses or become the president of a country?
A quick assessment: How has relationships helped your gambling activities?
So far I would say I have been more reliant on my old gambling skills and strategies seeing that I no longer have friends that are generous enough to share betting codes and give updates on new strategies to gamble with, so I want to know how successful in your gambling activities you have been so far if you compare;
a. Gambling with help of friends and associates who share codes and betting strategies, versus,
b. Gambling alone depending on pure wits, knowledge and personal developed strategies?
Re: See No gambling Hear no gambling Talk No gambling for strict regulation?
It could be that the Philippines government ain't getting enough revenue from the gambling industry, hence why they even think to be stricter than before.
I read a post here sometime back that meant to put a spotlight gambling activities in prisons. To think of it, a prison where there ain't influencers nor billboards, yet inmates still find a way to Gamble away their resources all while being discreet from guards and snitches.
I just feel such stricter new implemented regulations concerning gambling by the government is just like tying a bandage over an already rotten surface. It could only do as much good because the Internet has made the world one small community with online tools that can aid gamblers to still participate online and without those around knowing about it.
I read a post here sometime back that meant to put a spotlight gambling activities in prisons. To think of it, a prison where there ain't influencers nor billboards, yet inmates still find a way to Gamble away their resources all while being discreet from guards and snitches.
I just feel such stricter new implemented regulations concerning gambling by the government is just like tying a bandage over an already rotten surface. It could only do as much good because the Internet has made the world one small community with online tools that can aid gamblers to still participate online and without those around knowing about it.
If I may get it clear, OP, the winning in this context here means one winning a game, and my opinion is this, if you have lost a lot of games to the casino in the past, you can not say you have won the casino irrespective of whichever casino you have played with. The casino would still be winning because they have won you enough, not until you recover all you have lost from their casino through games won, then you can say you have won them anything outside that is just a mere saying if you have lost a lot of games to the casino.
Aside from the fact that gambling is for fun, if we gamble and lose, it is money we are losing out on, so the possibility of winning games to recover all we have lost is minimal, and if we win, it is small except for those who are lucky to win big and maybe that big win could be a huge amount of money in jackpot and if it covers the whole money the gambler has spent in gambling, that is a good win for the gambler because he has recovered all his losses.
It is almost to me that this post was made from the perspective of the gambler seeing gambling activities as a money making venture rather than a fun activity and as such resources used should be only what is meant for expenses and not for some other serious reasons. Aside from the fact that gambling is for fun, if we gamble and lose, it is money we are losing out on, so the possibility of winning games to recover all we have lost is minimal, and if we win, it is small except for those who are lucky to win big and maybe that big win could be a huge amount of money in jackpot and if it covers the whole money the gambler has spent in gambling, that is a good win for the gambler because he has recovered all his losses.
Also, I think that when one can say they have won the casino, although I know this statement as is the topic might be just rhetoric and not needing a definitive answer, but it would mean that the gambler has probably won much more than they have lost altogether or they have gained all important freebies and rewards over and over and probably have better bonus points when staking than others normally would.
I think luck never loses in gambling. Luck will keep on giving you new inspiration as long as you keep on trying. Some gamblers try randomly when they lose continuously and they try to use the strategy to win and change the strategy as I did while gambling based on previous analysis and observation.
You can try changing as many strategies as you want, but you’ll still get the same results. The house is still going to win, playing in casinos poses uncertainty. This uncertainty will remain even if you change your strategies many times. If you believe that luck plays a significant factor in casino, then just let it happen, with or without strategy, it will just happen. Don’t force it to happen, as it will happen.I often advise my friends who gamble more than I do, to remember the hunger days when using their resources to do so without discipline and that despite any strategies, it is proper to understand and master a single strategy for application in most gambling activities.
We don't hear it common but over and over there has been transfer gone wrong when sending Bitcoin to address, either to a wrong address or to a wrong network. Identifying address by format eradicate such mistakes because it helps decide what type of wallet or transaction is in use before sending.
Fees Comparison
Identifying any address can be done simply by knowing each prefix, another similar method is length of address but that may not be efficient as two address can have very close characters, example of P2SH and Legacy having close or similar characters.
I would start by firstly saying that the full meaning of Legacy's P2PKH is pay to public key hash and the P2SH is pay to script hash. While both of the older address versions have between 33 and 34 characters, Bech32 has 42 while Bech32m has 62 characters. With the way upgrades has been done so far am sure the error of inputting wrong addresses is easily addressed as invalid with checksum ability incorporated in Bitcoin addresses to this end. | Address Format | | | Identify By Prefix | | |
| Legacy (P2PKH) | | | Begins with "1" - Bitcoin core and old Bitcoin mobile wallets | | |
| P2SH | | | Begins with "3" Still part of segwit but older version | | |
| Native Segwit (Bech32) | | | Begins with "bc1q" - modern and updated version of segwit | | |
| Taproot Segwit (Bech32m) | | | Begins with "bc1p" - wallets like BlueWallet, Electrum and Sparrow wallet use taproot etc... | | |
| Lightning Invoice | | | Begins with "lnbc1" - lnbc1 for Bitcoin, lntb for testnet | | |
Fees Comparison
| Address Format | | | Fee Levels | | |
| Legacy (P2PKH) | | | Highest Fees | | |
| P2SH | | | Medium - Better than Legacy | | |
| Native Segwit | | | Lowest | | |
| Taproot Segwit | | | Low - Better than P2SH (Simple tx X Complex tx ✓) | | |
| Lightning Invoice | | | Zero or little | | |
Identifying any address can be done simply by knowing each prefix, another similar method is length of address but that may not be efficient as two address can have very close characters, example of P2SH and Legacy having close or similar characters.
Also, one interesting fact that connects all these types of addresses is that they are case sensitive and am sure we all know that different wallet addresses can generate different addresses for transactions for privacy concerns, while the previously used addresses still remains valid
Re: Unemployment rate may rise in 18 months, Fed pivot?
Based on your experience, would you say that it would be a reasonable opinion if someone forecasts that the "mega layoffs" are a high probability situation in 18 months?
Because as Bitcoin investors it would probably be good to get some low bids ready in case a recession happens, followed by the Q.E. pivot. It will be another Golden Opportunity to Buy the DIP, and HODL.
Because as Bitcoin investors it would probably be good to get some low bids ready in case a recession happens, followed by the Q.E. pivot. It will be another Golden Opportunity to Buy the DIP, and HODL.
Mega layoffs in 18 months aren't possible in my mind, unless something revolutionary happens. First of all, the only people who know how to use AIs are middle or senior developers and designers, or higher ups but project managers, product owners and many other people who have managerial roles, have no idea how to use it, so companies still need these designers and developers to create a product. If AI advances, I think that it will make our job very easy and that will be it unless AI itself becomes an experienced developer or a designer, then there will be mega layoffs.
You're probably right and the information posted by that person that I posted in my post might only be a mere exaggeration. But although he may be right that there will be layoffs because A.I. will replace some jobs, I might not be a sort of "mega layoffs" situation. It might be a slow transition that will take years, or decades.
Let's talk about it again during December 2027. Merry Christmas or Mega Layoff Christmas?
Despite the fact that I believe I won't be a victim of AI development, I still think about learning a new skill from trades. Sometimes I sit and think, what's the safest job that will not be replaced by AI? I think that trades is the answer. How can AI change car electrician or a plumber? That will takes decades to achieve that level of development and when we achieve that level, we will already be advanced enough to not worry about anything, so I plan to learn some trades skills like auto electrician. They earn lots of money in my country, are in huge demand and the market is full of stupid electricians but they still manage to have lots of customers because of enormously high demand, so today if you are a smart and educated electrician, in my country you'll make lots of money, more than anyone with university degree.
But software A.I. won't be the only advancement going into the next decade. It will also be the advancement in Robotics, which has also been developing faster than expected.
Is that person I quoted in my post actually describing A.I. + Robotics as the cause of the "mega layoffs"? The "new trade" might be Robot Maintainer and Repairs. Although A.I. can teach these robots to repair themselves or each other.
👀
The 'mega lay-offs' may happen so seamlessly and smooth that there won't be panic or much significant impact rather than inflation and adoption of newer currency like crypto currency for economic dealings and investment.
However, I reckon there are regions that may not even notice the fast paced adoption of A.i technology and implementation, speak alone of the 'mega lay-offs' that is this topic of discussion.
Am sure such a reality of prison life as told in the post by OP, puts to rest all concerns or opposing views as to why gambling is more of a pleasure and fun activity than it is a money making activity and hence no human who does so should be crazy enough to invest all their funds or time or become or remain unemployed because of the idea they would somehow get rich from gambling away their resources, with such a perspective.
Bitcoin Username: Cryptomultiplier
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3428733
Bech32 BTC Addy: bc1qfpnrz9et70euxm33kct968cfgdgk950gnwa528
Bitcointalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=3428733
Bech32 BTC Addy: bc1qfpnrz9et70euxm33kct968cfgdgk950gnwa528