I understand that gambling shops are popular in some parts of the world like Africa and Eastern Europe... people visit these shops to place their bet via agents of the big casinos and betting companies. A good percentage of those who patronise these shops are the elderly and less educated people who do not know how to go about registering and playing online. So they are constrained to patronise these shops.

Just like the experience you narrated, the risk of gambling in these shops is high and I have seen a couple of times where the agents ran away especially when there is a major winning.

The best they can do is to report to the police, who will take a very long time to find the agent who would have ghosted to a very interior village or probably travelled abroad.

This is the luck aspect of gambling... totally more than her expectations. I have seen a couple of people who made life-changing fortune from gambling but I have not been too lucky to make huge amount of money from gambling. I don't know if I should change my strategy or just make adjustments that will enable me aim for huge fortune.


I am struggling to understand how you gambled with the risk of joining bounty hunting. Maybe you can explain better so we are on the same page. I understand people gamble for various reasons but I have not read about the connection between gambling and bounty hunting.

I know that Bitcoin ETF will eventually be approved but what was not clear was when. With this development,  it is obvious SEC will be approving the Grayscale's ETF thereafter others will follow.


I wish more than anything that the approval will happen same year as the halving (2024). If this is the case, we will see astronomical explosion in price that will transform a lot of lives.

I will suggest you be specific with the terms so you don't confuse Bitcoin for shitcoins as many people tend to generalize all under the word "cryptocurrency".

While it is easy to loose money in shitcoins, the  chances of loosing money in Bitcoin is very slim especially when you have long term plans. So, it is totally not  perfect lumping every digital assets under crypto for the sake of clarity even such as I have explained.

The reality is that you only loose in Bitcoin when you sell. So, we can say that Bitcoin presents an exception to this rule of investment. Check price history of Bitcoin to see that it has maintain good gains over a period of some years. Conventional long term investments require at least five years to break even and evaluate for profits. Giving Bitcoin this five years interval, Bitcoin have maintained upward trajectory meaning anyone that would have invested in Bitcoin for the past five years would have been in substantial profit.

If Bitcoin follows the market cycle and halving events, we might see a price shift to new highs and this will further demonstrate the superiority of Bitcoin over other investment portfolios. Even though no one can predict the future, there is a possibility we might see price of Bitcoin respect the market cycle.

This is truly an extensive explanation for both new members who are just starting their Bitcoin journey as well as those who have been there. It truly cover most of the discussion in various threads I have been following and it is good to see them all brought together under one thread.

I tend to favour long term HODL because I have found that more effective and comfortable for me, which also allows me to maximize profits. In other words, long-term HODL allows me to grow in wealth, and as you know, the feeling that you have aged for the future has a way of adding to longevity.

Considering the little time we have before next year's halving, I think anyone preparing for the anticipated bull run expected to start next year can combine the DCA method and instant execution at key price points. In this way, you would have injected a reasonable amount of money into Bitcoin before the price shifts to a new zone. I have seen a lot of discussion in favour of this approach, and that confirms it is an effective way of accumulating Bitcoin.

I doubt that will be the case with him because from the comment of the OP, the Bitcoin community is too small to determine the outcome of the election. Meaning, he will be taking a big political risk thinking that pacifying the Bitcoin community could earn him the presidency. So, I would say his love for Bitcoin is genuine.

Whether he will win or not, is way off my limits to know as I do not see him as a serious contender to Trumph and Biden.

AI generated post is not really your opinion and there are high chances you will not even learn anything from the conversation neither will you understand in details, what you posted. In other words, AI will make you practically lazy and that is not how to grow. Besides, AI generated posts are easy to notice and by that, it bring a bad reputation to you and whatever you represent especially in a forum like this where your opinion is needed and mot someone else's.

I believe there is already an extensive discussion in those threads with several suggestions made that can be implemented even by those who are not tech savvy. Even though some of those threads are locked, I don't know if there is any new discoveries that can be discussed here.

I don't really know where the thought that Bitcoin is in competition with the US dollar cane from. I don't think Bitcoin was created to replace fiat let alone kill the it as many people, including influencers like Robert Kiyosaki, enjoy saying.  It was just created to provide alternative means of carrying out financial transaction in such a way that it will not be controlled by any entity... paving the way for a free and borderless world.


To further add to this, the much awaited ETFs are all US base or US focused. I think Europe already had one ETF approved which did not do much to the market. On the other hand, the moment one of the US ETF receives approval, you will see the immediate response of the market... this shows how important the US is in the scheme of things.

Me don fall victim of this thing when I been no too sabi. Them don obtain me tire. Na just God help me to still be in cryptocurrency today if not, I for don run since because I see wetin no good for scammers hand. Now wey my eye don open, I no fit buy from people wey no dey verified again... you no just fit open social media come dey sell Bitcoin to me when I know where I fit buy am safely.

This na the problem wey dey we Naija, bad behaviour no really get serious consequences.  How person go obtain $2000 which is almost N2,000,000 as of today price, you dey fine am N200k? Imagine fine of 10% of wetin him don steal. The guy don make profit na and if na like this, more people go get morale to do evil more.

Make we just dey careful make them no use us shine sha because if e happen, government no fit help.

Your comment completely agrees with Bitcoin dominance history which as can be seen shows Bitcoin dominated from inception until 2017 that is regarded as the birth of altcoins that say Bitcoin dominance dropped to 41%. As expected, from 2017 onward, there have really been a serious back and forth swing on Bitcoin dominance and this can be explained by some people making so much profits from altcoins at some point and others also loosing to altcoins too... a pure case of proliferation of altcoins.

One interesting thing to note is that from 2021 it got saturated after which the odd started tilting towards Bitcoin. Probably people started waking up to reality that Bitcoin is the real deal as many of the shitcoins that promised heaven and earth in terms of used case, scalability and all manners of congestures failed to deliver. Even founders of these the shitcoins would have converted significant portion of their holding to Bitcoin and this explains the steady rise of Bitcoin dominance. 

As of today, Bitcoin is dominating approximately 50% of the market in a market where we have over three thousands altcoins.  This is a pure indication that people are rapidly adopting Bitcoin.

I feel without the merit system in place, people will not put effort to improve their level of engagement and contribution. In other words, here would have been filled with garbageposts. The merit system have eradicated all that as shitty post will not even get any attention.

If you observe the forum, you will notice that high ranking members post in a manner that you can actually see that they are experienced and deserve their ranks. They don't go about opening threads that lacks substance. Instead, they opening great threads and contribute to discussions meaningfully.

Finally, I think earning merits regularly is a sign that you are making meaning contribution to discussions in the forum.

You are right because adopting the like and upvote patter will kill the order flow if comments with most likes/upvotes are made to appear at the top. It will also make it extremely difficult for those who read every comment in a thread as they will not know the chronological order of the flow of the conversation. If you ask me, I thing the forum is fine the way it is arranged... if you stopped in a particular page, when you return you can just continue from that page and read down. In this case, you will not miss any single comment.

These are critical questions the OP failed to address in his post and without those answers, the post is not really doing much help to us in this forum. Assuming we know how they got access to those wallets and perhaps what the owner did or did not do correctly that made his wallet compromised, then we can learn from that to remain protected.

If Hamas goes this direction, I'm afraid his enemies will increase, and I'm sure he does not need that at the moment.

I have tried a couple of them in the past and I have not really had issues. Most prop firms use them to process payments for their traders... this has increased their customer base as people facing restrictions in conventional payment systems can now use their services via crypto payment gateways.

One Bitcoin payment gateway that I found so fascinating is Swipecoin. Its so easy to use, process payments very fast and prepare all receipts as well as digital contracts with the TX has embedded. It truly shows what can be achieve via cryptocurrency in terms of transparency, efficiency and comfort.

Nigeria is a very dynamic country that welcomes innovations that make life easier. Take the case of conversion of generators to LPG powered system, electric powered vehicles that is popular in Bornu state and even the cashless policy that succeeded mostly in the northern part of the country where people least expected.

What is holding Bitcoin from booming more than it is Nigeria is government disenchantment. Many people are still scared that their accounts and businesses will be attacked by government if they do business in Bitcoin. The moment government gives a go ahead to Bitcoin, you will see it spread like fire in Nigeria. It will become a new trend and you know Nigeria like trends.

I am optimistic that the future of Bitcoin in Nigeria is bright, the awareness is there... just the government political will and approval is remaining. 

By my understanding of mainstream adoption, I wouldn't say cryptocurrency have achieved that; we are still far from it even though we have made remarkable progress in terms of awareness.

I will be comfortable to say cryptocurrency have achieved mainstream adoption when it becomes legal tender in several jurisdictions and readily accepted in various merchants and businesses across the world. This will come when there are innovations that make cryptocurrency attractive and a better alternative to conventional way of doing business.

Omo na Baba God run this one for you o. For this Naija wey keep face like this wey person go dey suffer wetin no good for the hands of evil men wey no get joy. Untop of that, they go dey call money wey person no get.

As I read the story, my mind go straight to your baby, how she for do base on say she still dey suck breast! We thank God for giving you the wisdom and for touching their heart to even listen to you. I know say na God wey no want make we cry run this one.

As December don dey reach so, we gat dey careful abeg... e no dey safe to enter motor anyhow now o. I know say we no go sit one place dey chop but we go dey very careful and prayerful as well.

I think the method to use depends entirely on the individual in terms of comfort, financial situation and risk appetite. Other factors that come into play include motivation and future plans. That being said, there are people who prefer buying by market execution irrespective of the price. For example, MicroStrategy have been known for buying huge amount of Bitcoin at once and they rarely pay much attention to the price because they are obviously holding for long. This link shows their Bitcoin accumulation history and as can be seen, it does not follow a pattern we can say it is DCA.

On the other hand, there are individuals and organizations that prefer the DCA method, leveraging on its numerous advantages to suit their buying habit and culture. A good example is myself; I find the DCA method suitable for me as it aligns with my cash flow and psychology.

In conclusion, there is no one method that is best for buying Bitcoin as it depend on a lot of factors, the most important thing being that we should buy and hold.



Not buying at all is a mistake, in my opinion. Like I said before, every method of buying is good and depend on the individual. Just buy Bitcoin in a way that is convenient for you. Some people are busy with other things of life that they might not have time to apply the DCA method; example of such people are seafarers/vessel crew that can spend months deep sea without good internet access or access to their bank .... they cannot effectively apply monthly or weekly DCA so they just buy whenever they have can.

I have seen the request of phone number in Binance p2p a couple of times but not that it is a prerequisite to be paid. Personally, anybody that makes phone number mandatory is more or less nursing some nefarious motives which might be executed in the future.

I do not know the extent to which phone number given to someone will constitute security threat or lead to the loss of the number but it is always good to act safely. The chatbox of Binance p2p is ok for communication, and if you don't feel comfortable sending your phone number to a stranger, it is better to avoid trading with people who make phone numbers mandatory.