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May 25, 2024, 11:41:38 AM *
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1  Economy / Gambling discussion / Re: What are the limits and common sense of bet? on: Today at 11:25:02 AM
If there is nothing to ensure that whosoever loses in a bet pays, then you can't really call it a bet, because the loser may end up not paying or decide not to do what they said that they would do.

Just as you deposit your money into a casino and stake it, with the casino taking custody of the money until you get the outcome of the bet, that is the same way friends must find a way to escrow the money staked amongst themselves, before going into a bet with one another.

2  Other / Beginners & Help / Re: Seeing is no longer believing on: May 24, 2024, 11:05:30 AM
It is easy to fool some body naive or who acts out of greed with zero critical thinking.  You do not even need Deep Fakes for that.
Absolutely, it is quite easy to spot a scam like this if you just take out your time to think about things critically and forget about the enormous gain/profit you stand to gain. A simple question like "why would the CEO and the board call me personally to give me a private deal, in order for me to earn more", if you think about it this way, it is clear it is a scam.

It is easy to scam people when they are greedy and only think about what they are about to gain, and not if the offer is too good to be true.
3  Other / Beginners & Help / Re: A known enemy can easily be defeated on: May 23, 2024, 11:25:32 PM
Did your brother lose coins in the past, or did the scammers just randomly call him about lost coins? I ask you this because whenever newbies lose coins, they are usually too devastated and they post about it in different platforms and also post their contact details for people who can help to reach them, not knowing they are setting themselves up for a second scam.

To add to what other users have already said about the possibility of a second scam, the scammers can also carry out a dust attack on your brother, or an address poisoning scam, were the scammer sends your bro a very small amount of coins with an address very similar to his, and if your bro is someone who copies addresses from transaction history, he can easily fall for it and be scammed again.
4  Economy / Services / Re: CoinPoker Signature Campaign [Hero/Legendary] - Upto 100$/week on: May 22, 2024, 05:18:30 PM
CoinPoker Username: Coyster
Forum Username: Coyster
Total Merits earned (Excluding Airdropped Merits): 1248
BTC Segwit address: bc1q5vgrp2h5gtccc2a2jr7pyqtn287kc7jakwr4da

5  Economy / Economics / Re: The End of Credit/Debit Cards on: May 21, 2024, 02:28:48 PM
With the world moving away from the physical realm, we should expect plastic cards and paper money to become a thing of the past.
Lol, i thought it was bitcoin that was going to be replaced by CBDC's. Wink According to the governments that are putting plans in place to launch CBDC's in their country, it isn't going to replace paper money. But i am pretty sure they'll really push CBDC's on their citizens, because it helps them to monitor people's finances better.

OP, all that you are asking actually depends on how big of a success CBDC's are going to be in the countries where they'd be launched. My country has already officially launched its own CBDC: e-Naira, and it has been a failure over here and it is definitely not changing anything as regards what we have already been using. As long as people still have their commercial bank accounts, they'd still use credit/debit cards as they have always done.
6  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: May 21, 2024, 10:32:12 AM
Madrid owns everything, quality, consistency, productivity. All of things. The probability is also favoring madrid according from its historic in the UCL as well.
Absolutely, i cannot see any other outcome other than a victory for Real Madrid in the CL final, they basically do not know how to lose in the CL and that is why they are nicknamed the kings of Europe, and it is well deserved. Dortmund have had a fantastic run, i am pretty sure nobody would have predicted that they would make it this far, so that is also an achievement, they don't have anything to lose in this game, they enter as underdogs and all they must do is stick to their gameplan and see what happens.
7  Economy / Services / Re: [OPEN] Duelbits.com | Signature Campaign ~ Full Members+ | Up to $70/Week on: May 21, 2024, 05:22:47 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=2376653
Current amount of posts (including this one): 6406
SegWit (preferably bech32) BTC Address for Payouts: bc1q5vgrp2h5gtccc2a2jr7pyqtn287kc7jakwr4da
EARNED merit in the last 120 days: 29
8  Other / Beginners & Help / Re: How can i make some coins that wort something? ??? on: May 20, 2024, 09:59:05 PM
If you want coins for yourself, then you have to buy it, and if you cannot afford to buy it, then you can offer a service and receive payments in bitcoin or in any other cryptocurrency, but to do so you have to be skilled in something, and it is that skill that you are going to offer to users in the community.

That being said, it is also possible to earn coins through airdrops and faucets, but it is not so profitable and you might just be wasting your time for little or nothing.
9  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: May 20, 2024, 06:46:13 PM
I am wondering what Guardiola's plans are and whether he wants to stay at City for longer. It would be great as I think football needs those personalities. Klopp is gone now, he would be a big loss if he leaves City one day.
Pep already confirmed that he would be City's manager for the 2024-2025 EPL season, he has one year left on his contract, and it is going to expire at the end of the 2024-2025 season. The real question is if Pep would extend his contract longer than that, it is quite obvious that he loves City and he his happy at the Etihad, but a lot of things can change within one year and he might begin to have other plans, or plans of taking a break, just as Klopp has done.

Anyway, i am pretty sure Pep isn't thinking about this right now, it is the FA Cup final and then enjoying his break with his family afterwards.
10  Local / Nigeria (Naija) / Re: Nigeria’s central bank forced to deny claims of crypto account freeze on: May 17, 2024, 02:02:04 PM
I don't think banks managers can give the central bank all their customers that transacted with cryptocurrency in the past years, and even Bank managers will also fall victims to that punishment because many of the bank managers will be involve too.
The thing is, it is very difficult for the banks to identify which funds came from a crypto transaction since Nigerians now trade only peer to peer, thus, this one no be about handing over the customers to the government or if bank managers are also involved, wetin we dey talk be say these banks get limited algorithm to detect if funds that enters a customers account is from a crypto transaction or not.

Of course, the only thing dem fit do na to use their limited algorithms and "guess" if the funds is from a crypto transaction or not, if it ticks most of their boxes, dem go come seize the funds, and ask the person to present them with source of funds. I dey sure say so many Nigerians have been victims of this, but we no go know.
11  Local / Nigeria (Naija) / Re: Is cryptocurrency legal or illegal in Nigeria. on: May 12, 2024, 10:43:56 PM
E no get any law wey ban cryptocurrencies for Nigeria, but with the way our government dey attack the industry, person fit think say dem don ban crypto in Nigeria, meanwhile it is legal. The Nigerian government isn't going to ban crypto in Nigeria, because dey know within themselves that P2P trading in Naira in crypto exchanges is not what is affecting the value of the Naira against the dollar, but they have to do something stupid to act like they are working, and that is why crypto turned out to be their scapegoat.
12  Economy / Speculation / Re: Falseful speculations about bitcoin predictions and its halving on: May 12, 2024, 09:34:17 PM
it will be a good choice for those that missed last two months bull run to use this bear run to buy and look for safe wallet to hodl the BTC to achieve what will convince other to make BTC their choice.
Bitcoin is not currently in a bear market, this is a bull market and it has started for quite sometime now. Yes, Bitcoin price dropped a little, but it is just a small price correction and isn't significant enough to be called a bear market. That being said, it is definitely good to buy bitcoin whenever there is a dip in price, just like now; but so many people would not still take the opportunity, only to complain that they failed to buy when bitcoin starts pumping again.
13  Local / Nigeria (Naija) / Re: Is Bitcoin A Safe Haven Asset For Investment? on: May 12, 2024, 07:10:32 PM
Bitcoin being volatile is even one of the major reason why it is considered as a safe haven asset because I think if Bitcoin wasn't volatile there would have been no bull moment.Investor can also take advantage of the volatility to accumulate more Bitcoin,so it can also be seen as a benefit.Just like you mentioned Gold as a proper safe haven asset do you also know it has it's own unique risk just like you consider volatility as a risk.
No be ROI or bull market we dey talk about here, this topic is about what is a safe haven asset or not, and a safe haven asset na one wey fit retain its value when there is a market decline or global economic crisis, and i no think say bitcoin don pass that test yet, part of the reason for that is that it is a relatively new asset. Gold has been around for a very long time, and e don prove say e fit retain its value, even in a global crisis.
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Best way to buy privacy coins? on: May 12, 2024, 05:13:22 PM
Monero is the "best" privacy coin around, and since you didn't mention the privacy coin you want to buy, i would advise you buy Monero. Now as to how you can get it anonymously, definitely not in a centralized exchange as you have to pass KYC, you'd have to buy Monero in a decentralized exchange, and bisq is a great option.

That being said you can swap bitcoin or another coin for Monero in a NON-KYC instant exchange, E.G exch.cx.
15  Local / Nigeria (Naija) / Re: Is Bitcoin A Safe Haven Asset For Investment? on: May 11, 2024, 07:50:11 PM
Bitcoin dey very volatile, so me i no go consider am to be a safe haven asset, its price dey fluctuate well well and e no dey retain its value for a long time, it is usually up and down. Look at Gold for example, it is a proper safe haven asset, e no go give you the kind of ROI wey you go get from bitcoin, but e dey retain its value, even during market decline.

Bitcoin is still an asset that is somewhat new, so prolly sometime along the line, its volatility could reduce and it might be considered a safe haven asset then, but for now it isn't. BTW, all the features you mentioned isn't what qualifies an asset as safe haven.
16  Other / Beginners & Help / Re: Fake website on: May 11, 2024, 07:24:12 PM
My question is that how can someone dictate a fake website? because is getting too much, is there anyway the comonas need to know things like this if there is any.
Keep your bitcoins offline, if you have your wallet in the same device that you use to browse the internet and visit lots of websites, then you can possibly lose your money. To download crypto wallets and stuffs, do not do it through playstore or app store, download them through their original website.

Your coins is never safe if you keep it in the same device you use to browse the internet and visit different websites, such as adult sites for example. Even if you get into the correct websites, your device can be infected with malwares when you visit such sites.
17  Other / Beginners & Help / Re: Understanding dormant wallets for beginners on: May 11, 2024, 05:59:09 PM
Because coins haven't moved out from an address for six months or longer does not mean the coins are lost. It is impossible to know if the coins in a particular address is lost, expect the owner tells you so and signs a bitcoin message from the address.
18  Other / Beginners & Help / Re: Should Threads Be Locked After Satisfactory Responses? on: May 11, 2024, 04:14:13 PM
I don't think the forum will ever automatically locks topics when it gets to a certain number of pages, but thread starters are encouraged to lock their topics whenever the discussions have come to an end and no new information can be added.

That being said, this has been discussed quite a lot of times in the forum, but i do not think it is such a serious problem that needs a solution from the admins, mind you that you could think that discussions have come to an end in a topic, but a member can still offer a new information, so hastily locking topics is also not encouraged.
19  Other / Beginners & Help / Re: Non custodial wallet is not for the weak on: May 11, 2024, 02:45:45 PM
The reason why non custodial wallets are advisable is for adequate security of one's assets not necessarily for long-term hodlers.
What do you mean here, long term hodlers have to a use non-custodial wallet that is open source, but they have to use it offline. That being said, using a non-custodial wallet does not mean your money is safe/secure, there are non-custodial wallets like Atomic and Trust wallet, but it is not advisable to use either of them, because they are both closed source. Your non-custodial wallet is only safe if it is open source, so the code can be reviewed, and if you use it offline.
20  Economy / Games and rounds / Re: 🎁 HugeWin | Man United - Arsenal ' 12 May ⚽ Prize $50 on: May 11, 2024, 09:30:03 AM
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