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Showing 20 of 4,506 results by Josefjix
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Board Altcoin Discussion
Re: USDT and USDC Establish Their Own Networks
by
Josefjix
on 30/08/2025, 23:24:46 UTC
A major development. It seems that governments want to control all transactions rather than freeze certain addresses.
TRON will be severely affected by these changes, and It's good WE have DAI.
Not only TRON to be affected by it, all other chains that had been needing USDT for their transactions and I'm just hoping USDT will not disintegrate off those chain entirely but maintain the relationship then add the new chain. Moreover, if they really want a massive usage, then they going to make sure the withdrawal fee would be far more lower than usdttrc20, usdterc20 and even on TON and Solana.
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Topic
Board Altcoin Discussion
Re: MITO: A Community-Driven Token at an Early Stage
by
Josefjix
on 30/08/2025, 23:06:02 UTC

What do you think about this token potential on a long term?
It's still solving problems other old blockchain projects are solving, nothing really new and special about it, likely will end up the way others do because there is no uniqueness. Afterall, they are still built under the EVM protocol and uses 0x public address, isn't it?

What makes alternative token really good is the ability to emerge differently in their own way, new address, new protocol, new problem solving especially in the transaction fee, instant confirmation, scalability and more just like, LTC, Solana, TON all did.
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Topic
Board Economics
Re: Communism is not so much different
by
Josefjix
on 30/08/2025, 22:50:41 UTC
So let me ask a question. When you buy a home with all your life savings, does it become yours? What makes it differ from the soviets? I mean, obviously they recorded your rights to the building on paper, and now they record it in digital databases. But is it REALLY that different? You don't truly own either. It's all the government's promise to let you access it and keep away whomever should not access it, until they don't.

The only thing you truly own is bitcoin. The rest are promises.
Are you asking questions about owing property for government or owning Bitcoin for personal or you trying to compare the two or you advising us to own Bitcoin and forget about owning property that government will later come take it away from you.

All these are what happened sometimes in some certain area where the state government has more rights over property situated in that environs. If the government decides to build some wide infrastructure, then all the buildings in the area will be demolished while paying little amount to the owners to vacate the area.

It happens, it's only better to own a property in your own rural home town for security reasons.
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Topic
Board Economics
Re: I'm wealthy and unsuccessful
by
Josefjix
on 30/08/2025, 22:14:54 UTC
Well I think for a person to be wealthy then they must have alot of money. Or it can be assets, crypto, or some other items worth alot of money.
But if a person does have debt well then they can not be wealthy. I do not think just if you have these options then you can say you are wealthy. You must have some things to show for this wealth.
In my culture, wealthiness is owning assets, and in little sense, those in rural area called goat, cattle, farmland, and many other natural things as asset, they never consider buying a car or building a house, once they can grab these I mentioned then their wealthiness is rest assured.

Moreover, those in the city needs to be very careful because most of them ends up not having any of these because it's an expensive place, they usually stay in the city spending on entertainment to another while getting asset literally make feel like, where else will they keep them since they aren't in their place of abode.
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Topic
Board Economics
Re: Slow or fast?
by
Josefjix
on 30/08/2025, 22:04:10 UTC
I recently encountered someone who talked about spending their money fast or slow. It got me thinking what are the differences. Basically spending your money fast means when you get money, you end up losing it immediately to buy whatever it is you want. Spending your money slow means once you acquire your money, it takes time for you to spend it but at the end... you still spend it anyway. It made me realize that even if you save your money to spend it eventually, you are still somehow losing money. The point is not when you spend your money but where you spend your money on. You can spend your money immediately but are you spending it on something worth its price? Something valuable? Something that is necessary?
Whenever you spend money either slow or fast, it all depends on the scale of preference that had been written down on your notepad, these scales are the food, clothing and shelter that must be met before anything else, if you spend very fast on foodstuffs to be stock in your kitchen while nothing is left in your balance, that's a perfect spending, meaning, before another payday, you won't be hungry but stay fit, healthy and that's a pretty good decision.
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Topic
Board Economics
Re: Bitcoin is not just an investment asset, it's a global store of value.
by
Josefjix
on 30/08/2025, 21:59:16 UTC
It’s a great investment but I am disappointed in the performance of this bull run. We have barely done anything vs the 2021 cycle top when you factor in inflation. We are not even double that top. Self custody of your own money is what makes Bitcoin amazing & it’s decentralised nature by design. But as an asset where you are looking for big profits, is that now a thing of the past.
I'm impressed by this time bull run because it doesn't remain at the buttom whenever the price of Bitcoin falls drastically like it usually does in the past. The time it takes to bounce back to new ATH is not much as as it observe a little retracement before spiking, that's the nature of Bitcoin price action nowadays, it's easily predictable and not giving a heartbreak much when it falls.
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Topic
Board Economics
Re: Education and rural-urban migration
by
Josefjix
on 30/08/2025, 21:44:58 UTC
But because jobs are scarce,a large proportion of those who migrate often remain unemployed.
I guess you are referring to certain country or countries. Which countries are you referring to? I noticed that you have posted under Nigeria local board recently, I guess you are referring to Nigeria. Know that not all countries are like Nigeria that has high unemployment rate. Many countries, especially in Europe have high employment rate.
Only in Africa the citizens are still having this problem of solving unemployment rates, a lot of population but fewer employment, it takes only those that are highly connected to land a job in Africa, those that are uneducated are seriously crafty in handwork making earnings out of it. There are available jobs in Europe, USA, and UK more in Africa, infact, workers in these places work hourly making leaving seems easy.
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Topic
Board Economics
Re: Earning salary or owning a business which is better
by
Josefjix
on 30/08/2025, 21:25:43 UTC
Salary earners end up spending their salary buying from the business owners making the business owners to get profit from the business while the salary earners end up with nothing.
Salary earners are slaves to their master thinking they are pretty doing well but deep down, it's a trap to limit you from your internal full potential to establish a business of your choice. The worst part is that, these salary earners only given little time for vacation.

It takes a highly disciplined salary earners to build something that generates more money.
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Topic
Board Gambling discussion
Re: Is it important to gamble even when you know your win are not guaranteed .
by
Josefjix
on 29/08/2025, 23:32:07 UTC
As we all know gambling is basically meant for recreation/entertainment even though we have some sense of winning,for the responsible ones, they don't reason about wins at all, they just gambling for the fun of it that is why they have budget for gambling and accept gambling wins whenever it comes.
You and some other highly knowledgeable individuals knows that gambling are for recreation and entertainment, where I come from, 90% of gamblers sees it as money making machine, treat it like a source of income where it never pays, and if it does, it's pretty little.

It's harder hitting big in gambling except to some few lucky ones that win big. In such case, the possible of winning again is not guaranteed, it might take another couple of years to happen again, which it's isn't right source.
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Topic
Board Gambling discussion
Re: Does playing brainless gambling games makes one dull?
by
Josefjix
on 29/08/2025, 23:16:00 UTC
It's said about brain that, "use it or lose it" — now, question being, do you think if person plays brainless gambling games such as slots, dice for major part of his/her daily routine, will it make him/her dull?

Edit: "brainless" as in playing gambling games that does not require using brain, I thought it was clear especially given examples.
You actually mean games that doesn't need strategy and mental exercise to execute results? If that's what you mean, then yes. Playing slot, Plinko, dice and non strategic based games are prone to cause mental dullness in any individual that constantly participate in this game and never try other strategic based games.

The brain needs it to be functional, troubleshooting to be able to expand, and these games do not give it such function, just making players been dummy hitting on the stake button without knowing what would happen next, just mere luck.

So dummy to me.
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Topic
Board Gambling discussion
Re: Sounds can make you an irresponsible gambler if you let it
by
Josefjix
on 29/08/2025, 23:08:06 UTC
To be a disciplined gambler you should have a matured mind, see those sounds are things that makes the game fun, if possible get an ear plugs to block it out if you can't handle it, don't underestimate the power of sounds on your psychology.
You mean not to hear the sound of the slot machine or the casino games? I enjoy gambling with the sounds most of the time that I am gambling. Even if my device is having low volume, I slightly increase the volume so that I can hear the sound of the games. That does not make I am an addict or  not disciplined but it is what I love. I can not be playing the games without the sound, I will not enjoy it. This is not about mean been kiddy or not. It is not about it.
You are a different person that's why you are not attracted by the sound, I am not also attracted by gambling sound but there are many gamblers that loose attention, loose discipline whenever the sound is been heard, they start shaking their legs, the brain starts to think how much could be made if $100 is been staked right now, their brain starts becoming wild and so they start gambling immediately.

Truly, gambling sound can cause major addictive arousal on some gamblers and less on some players too.
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Topic
Board Gambling discussion
Re: Gamblers with addiction and deferred life syndrome
by
Josefjix
on 29/08/2025, 23:01:24 UTC
Do you think problem gamblers can save on themselves to start living in the "bright future" they hope for after a big win at the casino?
The same goes for problem bettors and sports betting.
No, that's an illusion that will never come through, the same way Christians waiting for the coming of Christ to come save them one day, which never and had never shown a sign of happening.

These kind of bettors need orientation how making bigger money is been done, most of them had bigger dreams also that one day, bigger win will establish the business idea they had for long.

It's vital to be doing something that brings food to the table, while placing betting as a plan C option. If it works, fine, it doesn't work, still fine
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Topic
Board Gambling discussion
Re: Double Your Bankroll Challenge: What’s Your Strategy?
by
Josefjix
on 29/08/2025, 22:47:15 UTC
You can't be wagering $1000 for a prize of $10,000, that's too much, should be $200 prize.

I will stay away from casino games if I'm been given a target to reach, I'll only play strategic based games like poker, and sport betting.

I can't use all the funds, $50 separate games with total 3 odds each for $200 first day trial will be good for me.
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Topic
Board Gambling discussion
Re: Do you flex on your pals when you are correct
by
Josefjix
on 29/08/2025, 22:37:46 UTC

I don’t usually leave a game when I see a good cash out but I trusted my guts and won. Have you had experience where you choose your opinion over logic advice from friends and won or lost let’s hear it.
Your intuitive perception can never lead you astray especially when it's very deep and strong, if your instinct is shady, it's going to collapse. The other factor that helps you a lot is the club side, sassoulo, they are known as a club that make sure they score again you, it's harder seen them ending a match without scoring.

Congratulations to you anyway.
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Topic
Board Gambling discussion
Re: Is Bitcoin Gambling a big opportunity or a big trap?
by
Josefjix
on 29/08/2025, 22:31:51 UTC
The big question for me now is, do we consider bitcoin gambling sites a big opportunity for the people or a big trap that will leave many young people addicted and financially broke?
The same question should also go to the Fiat payment system let it not be that crypto is only poisoning the gambling industry, there are many Fiat based gambling app that's easily accessible by the youth and no one is complaining about it.

Bitcoin sites for gambling is never a trap, it's exposing users to the newest technology and payment option that bits the traditional ones, any user that fail to discipline himself with the new technology should be blamed not Bitcoin.
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Topic
Board Nigeria (Naija)
Re: What Should We Do Differently Against The Next Bitcoin Bull Market
by
Josefjix
on 29/08/2025, 22:09:08 UTC
BTC this thread is basically for discussions on our next bitcoin move to position our portfolio against the next bull market, what that means is our DCA and other bitcoin accumulation strategies that we build out of our previous bitcoin bull market experience.
I hope there will be the usual 4-year Bitcoin cycle again to warrant a huge dip. This cycle is being threatened this time, as more institutional investors are buying and keeping their Bitcoin. The implication is that even if Bitcoin falls, the fall may not be as before, which will undermine the plan of buying so low to gain more. Notwithstanding, Bitcoin will have its dip moments intermittently, no matter how small, that's the best time to buy for now.

Peradventure it now succumbs to the long-term bearish season in its cycle, I will buy it with all possible funds (no DCA), even with my last kobo.
We may not have a huge dump in the bitcoin market now, but even the current corrections price is a good ground for many who may habe seen $120k price and thoughts that they have missed out but now open to the current bitcoin price which touched down to $108k pruce earlier today, this point to the important of setting aside extra funds in case market present such discounted price like this one.
Bitcoin price shouldn't be waited again like when dip to buy, I am no more entised by that statement again, I am already driven and impressed by the price of Bitcoin for the last 6 months, it had shown the actual potential it carries to be world class digital asset.

Normal, it always retraces and bounce back to new ATH all the time, it's normal now.
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Topic
Board Nigeria (Naija)
Re: Want to learn about wallets.
by
Josefjix
on 29/08/2025, 21:48:02 UTC
But I don't know about wallets. I don't know how to use wallets properly. Which wallet should I use to invest in Bitcoin? And what should I do? Huh I want to know about wallets.
Wallets are simply like a bank for storing, depositing and withdrawing Bitcoin to another Bitcoin address elsewhere, note that there are centralized and decentralized wallets while I will advise you to use decentralized wallet for usage. Example of decentralization wallets are trust wallet, electrum, blue wallet and others.

Be sure to always keep the secret phrase given to you off those wallets, if you lose it, your coins are lost forever, never store your wallet seed phrase online, rather write it on a paper for tight security reasons.
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Topic
Board Nigeria (Naija)
Re: Are you worried about the Bitcoin market today?
by
Josefjix
on 27/08/2025, 23:51:26 UTC
Wetin wan make me worried when I don tey into this game for long time no be today, na new comers go frighten con sell off their assets because say them dey fear.
The price of Bitcoin been moving this way from day one and I am used to it, I become happy each time the price dips cos na sure opportunity to grab more, na wetin newbies no know be that, make them learn.
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Topic
Board Altcoin Discussion
Re: What do you guys think is the best way to earn in this market?
by
Josefjix
on 26/08/2025, 23:56:21 UTC
Staking is not for me, too risky in my opinion with the threat of a third party controlling your coins. My advice is to just buy regularly and have a lot of patience to hold for many years. You will be handsomely rewarded for your patience in the future.
There were less information about stolen funds, hacking the whole DeFi platform, before in the crypto space. Because every transactions were decentralized. Staking program came to expose users funds to many hacks that had occurred many times on decentralized finance platforms. It is risky doing that, afterall, the APR is way too low for tangible profits over a period of 2 year.
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Topic
Board Altcoin Discussion
Re: So Bitcoin needed an EVM… again?
by
Josefjix
on 26/08/2025, 23:49:19 UTC
This not the first project coming up with this new innovations of Bitcoin DeFi, Bitcoin layer 2 and all these Bitcoin subchain projects but they never end well.

Mintlayer came and nothing special about it till today,

The problem I always have this so-called Bitcoin layer 2 are always using EVM address starting with 0x to maximize transactions calling it on Bitcoin protocol, that's actually not real to me.

Build on Bitcoin and use Bitcoin address that starts with bc1 or 1, let's know where you leading the users to, EVM or Bitcoin chain, I don't find a project fulfilling when they claim to be Bitcoin DeFi while still using EVM address for transactions, that's sketchy to me.