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Showing 20 of 324 results by WhoYouCantKill
Post
Topic
Board Gambling discussion
Topic OP
Staking more than you receive or earn
by
WhoYouCantKill
on 08/09/2025, 16:51:40 UTC
I got really worried over the habit of some friends who are into betting or gambling and how they often stake into a game in a week more than what they earn even in a month and most time are not able to get it back in a couple of plays. So it got me really worried and concerned

What would be your advice for such if they were to be your friends as a caring friend who want them to not get financially drained in the process?
Post
Topic
Board Gambling discussion
Re: My opinion on when bets should increase
by
WhoYouCantKill
on 08/09/2025, 16:40:49 UTC
Keeping bets going on in a stable manner will make your bankroll last longer, but it will be harder to see profit coming in, because it's by raising bets on losses that you can cover the previous loss and still profit from the current bet. When you don't raise bet size, the tendency is to see the bankroll slowly going down until there is nothing left. There isn't an easy decision in gambling, as all of them come with risks and higher or lower profitability.

If you choose one way, you have to give up on the potential advantages of the other way you didn't choose. In the end, it's all about an eternal adjustment of strategies and methods, which are constantly being changed in an attempt to find the most cost effective playstyle.
Absolutely, there isn't a risk free betting method. Allowing bets to stay stable preserves your bankroll yet it limits gain, but raising bets on losses (martingale systems) could always fire back and clear you out before you know it. At the end, gambling will definitely profit the house, therefore method changes constantly will only slow the unavoidable.
They important thing is realizing it is meant for fun and entertainment, and should nit be seen as a dependable means of livelihood.
Post
Topic
Board Gambling discussion
Topic OP
Reason to return to gambling after quitting
by
WhoYouCantKill
on 08/09/2025, 16:27:23 UTC
I saw a post about someone returning to gambling after quitting for some time, maybe a year or more. But my concern is not more on the return to gambling, rather it is on the very question I am about to ask that requires your opinions if really we want to solve the problem of gambling and addiction into it

What could be the reason for his return and what can be done to manage such situation?
Post
Topic
Board Gambling discussion
Re: Returning back to gambling after quitting
by
WhoYouCantKill
on 08/09/2025, 16:21:57 UTC
Sure, this makes sense but so sad. Addiction of course can be said to be like the Bible story you narrated, one would quit for some time, yet failure to occupy the space with much healthier activity, the desire comes back even stronger than before. Stress, being alone, or even being around those gambling may be the reason for such pull back in. The moment there is a relapse, addiction may get deeper than earlier. This is the reason why to recover you need more thank just quitting; there is a demand for developing new habits, better support systems and of course purpose to avoid the return of "demons".
Post
Topic
Board Gambling discussion
Re: If you were a sports journalist...
by
WhoYouCantKill
on 08/09/2025, 16:08:10 UTC
Of a truth sports journalists may be on the pressure to bet, yet those with the professional mindset do keep away from it because it could risk their credibility or raise interest conflicts. As though I was a journalist, I'm not sure to bet on the very game I report on as I may not enjoy it and could bring bias into my coverage. Let gambling and work be kept on separate parts,it better that way, let fans do the betting and let journalist enjoy the sport as it is.
Post
Topic
Board Gambling discussion
Re: Tell me how this is not laziness
by
WhoYouCantKill
on 08/09/2025, 15:51:02 UTC
You are not mistaking. Laziness sure plays a part, though it even more than that.
Lots of people go into gambling because they think it give quick money and won't be able to be patient through the process of income building by working ir getting a skill. The moment they get to win fast a few times, what it takes to be patient disappears. Therefore as the economy and lack of opportunities drive people into easy ways, gambling captures them and take them farther with its desire for fast money without work.
Post
Topic
Board Bitcoin Discussion
Re: View about Investors of Spot Bitcoin ETFs
by
WhoYouCantKill
on 06/09/2025, 22:13:13 UTC
Spot Bitcoin ETFs attract investors that desires exposure without the hassle of personal custody, and institutions like Fidelity with trust which makes them comfortable. While Old Bitcoin operators have worth for control and decentralization, lots of investors wants safety, ease, and the exposure of price, therefore ETF's need are met whether or not they miss the original vision of Bitcoin.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a legal tender; not so far off
by
WhoYouCantKill
on 06/09/2025, 22:06:11 UTC
Regulation and control is basically what is gradually stopping integration.
Governments has the fear of losing grip in money policy,   the flow of tax, and control of capital when Bitcoin turns legal tender. Banks and financial institutions happen to resist, reasons being that it disrupt their normal method. Meanwhile households and firms may approve of it informally, complete adoption requires the backing of government, global cooperation, with infrastructure as to take care of volatility and safety matters..
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a legal tender; not so far off
by
WhoYouCantKill
on 06/09/2025, 21:49:59 UTC
Regulation and control is basically what is gradually stopping integration.
Governments has the fear of losing grip in money policy,   the flow of tax, and control of capital when Bitcoin turns legal tender. Banks and financial institutions happen to resist, reasons being that it disrupt their normal method. Meanwhile households and firms may approve of it informally, complete adoption requires the backing of government, global cooperation, with infrastructure as to take care of volatility and safety matters..
Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin Solving inequality?
by
WhoYouCantKill
on 06/09/2025, 21:45:45 UTC
I really had this question in my mind and wanted to ask was that one of the core principle and aim of Bitcoin is providing equal services and treat people equally without discrimination. But If we look at it from the perspective of "Power" it is creating a new generation of people who hold power I.e the early adaptors of Bitcoin (whales) who hold significant economic influence because they accumulated Bitcoin was undervalued.

So is it really solving the problem of inequality or Creating a new generation of people who hold power and shifting the inequality into a new form?( New Elites?)
Would love to hear your thoughts.
Bitcoin deals with obstacles to entry and provides access to everyone to money without the control of the government, yet it doesn't cancel inequality. Early adopters and whales has hold on disproportionate authority, thereby moving inequality into something modern in nature instead of entirely erasing it.
Post
Topic
Board Bitcoin Discussion
Re: Could Bitcoin still exist if the internet was shut down worldwide for a week?
by
WhoYouCantKill
on 06/09/2025, 21:32:22 UTC
No Bitcoin will not halt completely. Even when the internet shuts down in half part of the globe, there are offline alternatives such as mesh networks, satellites and even radio means of transmission which can broadcast and confirm transactions. These solutions may not be widespread, yet they serve as backup system to enable the network stay awake. Bitcoin creation gave it the ability to stay resilient, therefore whether disruption can delay it yet cannot stop it totally.
Post
Topic
Board Nigeria (Naija)
Re: My view on whether Bitcoin is the safest and cheapest way to receive money
by
WhoYouCantKill
on 06/09/2025, 21:31:35 UTC
Bitcoin may be a fast and cheap means to receive funds especially from overseas, yet it isn't usually the safest or even cheapest for all. There are fees which depends on the network at that particular time, and the price is volatile too. As for safety, it protects when you have knowledge on how to store properly, yet when careless, you may lose all your money. Therefore it is good but won't be said to be the best choice for all situation.
I think you are wrong when you said bitcoin is not safe in terms of receiving money from abroad (unless you made a mistake there, otherwise you are totally wrong).
However Bitcoin is one of the fastest and secured way to receive money from outside the country. But most times when transactions fee is high and mempool is congested there will be some delays, and if you want your transactions to be confirmed quickly what you need to do is increase the fees. What you should know is that Bitcoin is one of the best way to receive money from abroad because dollar rate go naira in the bank is not the same with p2p rate. If you want to get a better rate when you receive money from abroad, what you should do is request that the sender send with crypto currency and when they transaction is confirmed and you have received your crypto, change it through p2p (I believe you already know this).

Moreover, as for safety, you are to protect your seed phrase as all cost, seed phrase are not like your fiat Bank account ATM card pin whereby if you forget them you might go back to the bank and get a new one. You actually need to know how to protect your seed phrase from third party or from losing it
I believe you've got me wrong. If you had carefully read and understood what I said, you probably wouldn't have said this. I clearly stated that Bitcoin may not really be the safest way to in specific scenarios, and I gave an example of a person who doesn't have full knowledge of Bitcoin storage or the importance of seed phrase security/storage, such a person could be at a potential risk of losing their funds easily.

And when it comes to being the fastest, this also is arguably not true also, because there are times that Bitcoin transactions can be very slow, especially during memepool congestion, or when your TX fee is way too small, people who uses self custodial wallets would understand this more, when your fee is way too small, you might even wanna stop using Bitcoin to send money across to others due to the delay.
Post
Topic
Board Nigeria (Naija)
Re: My view on whether Bitcoin is the safest and cheapest way to receive money
by
WhoYouCantKill
on 06/09/2025, 21:25:16 UTC
Bitcoin may be a fast and cheap means to receive funds especially from overseas, yet it isn't usually the safest or even cheapest for all. There are fees which depends on the network at that particular time, and the price is volatile too. As for safety, it protects when you have knowledge on how to store properly, yet when careless, you may lose all your money. Therefore it is good but won't be said to be the best choice for all situation.
I think you are wrong when you said bitcoin is not safe in terms of receiving money from abroad (unless you made a mistake there, otherwise you are totally wrong).
However Bitcoin is one of the fastest and secured way to receive money from outside the country. But most times when transactions fee is high and mempool is congested there will be some delays, and if you want your transactions to be confirmed quickly what you need to do is increase the fees. What you should know is that Bitcoin is one of the best way to receive money from abroad because dollar rate go naira in the bank is not the same with p2p rate. If you want to get a better rate when you receive money from abroad, what you should do is request that the sender send with crypto currency and when they transaction is confirmed and you have received your crypto, change it through p2p (I believe you already know this).

Moreover, as for safety, you are to protect your seed phrase as all cost, seed phrase are not like your fiat Bank account ATM card pin whereby if you forget them you might go back to the bank and get a new one. You actually need to know how to protect your seed phrase from third party or from losing it
I believe you've got me wrong. If you had carefully read and understood what I said, you probably wouldn't have said this. I clearly stated that Bitcoin may not really be the safest way to in specific scenarios, and I gave an example of a person who doesn't have full knowledge of Bitcoin storage or the importance of seed phrase security/storage, such a person could be at a potential risk of losing their funds easily.

And when it comes to being the fastest, this also is arguably not true also, because there are times that Bitcoin transactions can be very slow, especially during memepool congestion, or when your TX fee is way too small, people who uses self custodial wallets would understand this more, when your fee is way too small, you might even wanna stop using Bitcoin to send money across to others due to the delay.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin as a legal tender; not so far off
by
WhoYouCantKill
on 06/09/2025, 21:18:18 UTC
Regulation and control is basically what is gradually stopping integration.
Governments has the fear of losing grip in money policy,   the flow of tax, and control of capital when Bitcoin turns legal tender. Banks and financial institutions happen to resist, reasons being that it disrupt their normal method. Meanwhile households and firms may approve of it informally, complete adoption requires the backing of government, global cooperation, with infrastructure as to take care of volatility and safety matters..
Post
Topic
Board Nigeria (Naija)
Re: Naira price is growing
by
WhoYouCantKill
on 06/09/2025, 21:14:37 UTC
When I wanted to trade today, I saw naira has climbed to 1490 to a dollar in the exchange market. Will this continue or government are only doing market manipulation?

With what I am reading, analysts are predicting that dollar price will continue to increase but the price of what we are importing are not falling. Do you think increasing the value of naira while things are still expensive a good idea?
Inflation has always been a major wahala for the Nigerian economy and it doesn't really matter whether the rate of naira goes up or down, things will just continue to be expensive. Because I've come to understand that the price of things in the country isn't really influenced by the rate of dollar but the sellers themselves. Na sellers dey fix their own price since there's really no regulatory agencies saddled with the responsibility of regulating price.
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Topic
Board Bitcoin Discussion
Re: Will banks One day accept Bitcoin deposit?
by
WhoYouCantKill
on 06/09/2025, 20:54:14 UTC
Depending on regulation and international politics, this can eventually take place in the future. When global authority identify Bitcoin as a legal means of exchange, then banks will have to follow if they must stay relevant.  Presently some banks view it more as just asset than money. Adoption will only grow if government provide obvious rules and users continue to request it during transactions.
Post
Topic
Board Nigeria (Naija)
Topic OP
My view on whether Bitcoin is the safest and cheapest way to receive money
by
WhoYouCantKill
on 05/09/2025, 23:05:42 UTC
Bitcoin may be a fast and cheap means to receive funds especially from overseas, yet it isn't usually the safest or even cheapest for all. There are fees which depends on the network at that particular time, and the price is volatile too. As for safety, it protects when you have knowledge on how to store properly, yet when careless, you may lose all your money. Therefore it is good but won't be said to be the best choice for all situation.
Post
Topic
Board Nigeria (Naija)
Re: A newbie shouldn't think of profit making but building up Bitcoin portfolio
by
WhoYouCantKill
on 05/09/2025, 22:54:29 UTC
Here's a strong point. As a beginner, the aim shouldn't be on quick gain at first rather it should be on learning, patience, and mastering. Bitcoin demands time and discipline, instead of rushing expectations. It is normal to get discouraged as a newbie, but persistence and continuing with a long-term mindset is what enables you to grow your portfolio and confidence with time.
Post
Topic
Board Nigeria (Naija)
Re: Bitcoin; the answer to over dependence of the scarce dollar in Nigeria
by
WhoYouCantKill
on 05/09/2025, 22:11:41 UTC
You have a point. Bitcoin proves a better way to reduce total dependence on dollar by operating cross-border transactions and making it easier and securing savings from naira depreciation. Though for such to operate on a big scale, Nigeria have the for supportive policies and better infrastructure. Till then, many will continue to turn to Bitcoin personally but the system depends strongly on dollar.
Post
Topic
Board Nigeria (Naija)
Re: History has never been kind to Bitcoin sellers
by
WhoYouCantKill
on 05/09/2025, 21:54:03 UTC
The history of Bitcoin has shown sharp crashes like Mt. God hack, yet has proven resilience through coming back stronger. Selling off because of panic usually pushes to regret, as to those held by downturns who benefits in most long term.

True risks is in existence, yet Bitcoin has recovered and grown consistently, revealing the importance of patience and holding on instead of hurrying to sell off.