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August 04, 2024, 01:45:08 PM *
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1081  Other / Politics & Society / Re: Weapons sent to Ukraine are ending up in the hands of Mexican cartels on: February 28, 2024, 09:42:34 AM
It could be that these mexican cartels have some source inside that creates deals with them. They need weapons and where better else to get it than the US government themselves, right?


I reason with what you said, since there's no concrete evidence that the Mexican drug cartels gets these weapon supplies from the ones that are intended for Ukraine, then it can be from any other sources, and why go across to another continent to get weapons when they can easily negotiate with their partners in crime and get it from next door for manufacturer country, which is the US. If there's no evidence to proof that the weapons are the ones that are Ukraine, bound, then I'll say that the claim is politically motivated, perhaps a Russian, propaganda to discredit the US, supply of weapons to Ukraine.
1082  Other / Beginners & Help / Re: I want seek advice for experience person on: February 28, 2024, 08:58:03 AM
This forum is very organized and I've seen that some members have shared some links that will be helpful to you, so you can get busy with them. I'll advise that you don't totally rely on members in this forum to help you with everything that you need to learn, make your own personal research to atleast gain basic knowledge of crypto, then you can start topic or join in discussions. On areas where you need help, you just need to ask, and from my experience here, many experienced members will not hesitate to answer your questions, so how you increase your crypto knowledge in this forum totally depends on you.
1083  Alternate cryptocurrencies / Altcoin Discussion / Re: Reddit has invested in crypto: the beginning of a new crypto wave? on: February 28, 2024, 08:08:04 AM

I'd like to hear your opinion on this issue:
  • Does Reddit's crypto investment surprise you?
  • Do you believe other private companies are holding undisclosed crypto?
  • Is the potential concentration of crypto in corporate reserves beneficial or detrimental to crypto market?


1. Reddit investment doesn't surprise me because crypto investment is a growing trend and every corporation and private companies are gradually keying into it, some openly and others secretly. I'm sure that with time, we're going to hear of many other top companies coming out to say they hodle Bitcoin.

2. It's very possible that other private companies are holding undisclosed cryptos , basically to evade tax and to conceal their stash, especially in countries where crypto is regulated.

3. Currencies are meant to be circulating, whether it's in fiat or digital, so economically I don't think that it'll be good if a large crypto is concentrated in corporate reserves, especially as it's adoption is gradually increasing.[/list]
1084  Local / Nigeria (Naija) / Re: Nigeria board sprint on: February 27, 2024, 03:57:54 PM
Una don talk am finish, we naija people no de carry last, and I de very happy say our activity for di board de noted, no shaking, I know say dis morale go help us to de continue to de put efforts for quality post matter and de make di board to continue to de de active.

I thank all our ogas dem wey de encourage us to de make quality posts and I also thank di oga for OP wey drop dis chart to ginger our matter say true true we de try, compared to wen dem create di board. Wetin remain now na make our oga kpatakpata give us more merit source for dis board, as we de grow for di board we suppose to de get more merit to de encourage quality posts. Also we don reach to get sub board and moderator.
1085  Alternate cryptocurrencies / Altcoin Discussion / Re: My wealth plan in the next 3 years from today on: February 27, 2024, 02:37:32 PM
Well instead of leaving your money in fiat especially countries with devalued fiat, you better choose a coin to hodl it there and if you have chosen Tron to do that, you have your reason because most hodlers will prefer bitcoin. However, to your hodling into USDT at this time that bull run is expected will not be a good financial decision. So keep your coin where it can increase as bitcoin rushes upwards as it is expected and already happening.

I guess everybody is free to put their money wherever they like, because in the end it's only them that'll reap the fruits of their investment, whether it's profit or lose, so if Tron, is the choice of the OP, then I'm happy for him. I believe that anybody that is truly knowledgeable about the crypto space will invest their money in Bitcoin, we're heading to bull run and it's price is looking really good, over $50k presently and observers that wants to be modest in their predictions are saying that it'll hit $100k, but I think that it'll surpass it. It's not late to start buying and hodling it to get guaranteed ROI when it reaches ATH.
1086  Bitcoin / Bitcoin Discussion / Re: Excessive Bitcoin fees on: February 27, 2024, 01:30:55 PM
Bitcoin system is organized and quite easy to predict, it has its seasons, bull run, bear run and halving, also a time when mempool is congested, it had congestions towards the last quarter of last year, and people who are knowledgeable about how Bitcoin seasons works were not panicked, they knew that it happens. To the layman's understanding, when there are too many transactions, the mempool will be congested and transaction fees will be high, when eventually the mempool dicongests, transaction fees will come back to normal, simple economics.

Unless hopefully the Bitcoin developers does something to address the issue, we're still stuck with the system, if a holder can't pay the high fees, when there's congestion, then let him use alternative means that have been mentioned on this thread.
1087  Economy / Economics / Re: The value of currency in country's economy on: February 27, 2024, 12:27:32 PM
If you're talking about a world dominant currency, it has to be none other than the US dollar, although I hear that it's not the number one currency in the world, but in practical it's the currency that's acceptable for international trades. I believe that the reason is because the US has a very strong economy, in the areas of technological advancements, military strength, the best sports and entertainment sector, no other nations beats them in innovations. Every other country depends on the dollar to assess the the strength of their currency, because the US economy is considered stable.

The exchange rate of my country's local currency to the dollar is alarming, the naira keeps devaluing everyday and we see this clearly because when compered to the dollar which is stable, we find out that our government needs to be proactive and make the economy better.
1088  Economy / Gambling discussion / Re: Gambling between the past and nowadays on: February 27, 2024, 10:57:49 AM
Technology reformed gambling and online gambling is the game changer, since it's inception where you can sit in the comfort of your home and gamble, more people have embraced it. Another thing is advertisements, before now we don't have much awareness about gambling, but now we have many gambling sites that are being advertised on social media, especially sports bet companies. The modern society has accepted gambling as a game, unlike before that gamblers were stigmatized as irresponsible people who wants to cut corners to get rich.
1089  Economy / Trading Discussion / Re: Isn't trading almost like gambling? on: February 27, 2024, 09:54:42 AM

Is it possible for him to easily recover his money back or is losses like that very much a part of the trading experience?


I personally think that crypto trading and gambling have more in common than what makes them different, the two share a common factor which is risk, although gambling risks can be said to be higher compared to trading risks, nevertheless they're both very profitable if their risks comes out positively. The difference that I see is that crypto trading has a parten and can be technically analyzed, so traders atleast knows how the market works and what drives the fundamental analysis, but it's not so in gambling, we gamble and depend on luck factor that we can not analyze to determine the outcome, except for sports bet where we can predict the team that'll win.

Your friend shouldn't chase loses, because he can become greedy and lose more money, so it's better for him to trade with the amount that he can afford to loose. 
1090  Other / Beginners & Help / Re: The power of consistency, patience and perseverance . on: February 27, 2024, 08:38:22 AM
Inorder to grow and be perfect in anything that we're engaged in we need these three attributes that you mentioned, consistency, patience and perceverance, so we can overcome obstacles along the way to our goals. This is an anonymous forum and we have experienced members with different temperaments, so for a newbie to learn from their knowledge, he needs to understand these three attributes, so he won't take any criticism personal, but focus on taping from their experience to increase his crypto knowledge. Newbies that enters this forum with the sole aim of getting merit and ranking up, will miss the learning process, they should focus on increasing their knowledge and manifesting it in quality posts, merits will come eventually.
1091  Other / Politics & Society / Re: Unable to proceed in life atm, getting betatized... on: February 27, 2024, 08:00:15 AM
What you're experiencing is a phase of life, because from your post it's obvious that you're young, so I want to let you know that you're not alone, most people passed through that stage, it's probably depression, because things are not working out for you the way you've structured your life. It's good that you're opening up about this feelings because you'll feel lighter as you do, what I'll tell you is that you need to be strong bro, tough times don't last but tough people do, if you continue in this path, you'll probably end up a drug addict or worse become suicidal. Get a hubby, engage yourself in a recreational activity, maybe choose a sports, join a gym that you'll be active in, and let your loved ones know what you're going through. I hope that you'll meet that special woman that will make feel loved and feel good about life.
1092  Alternate cryptocurrencies / Altcoin Discussion / Re: Previous ATH achieve before bull? on: February 27, 2024, 07:16:26 AM
Being the first bull run that I'll be experiencing, I've often asked myself that question about when is the actual bull run will happening, because from my observation there's no specific date to it, although I don't worry myself about it because the important thing is to keep hodling till price hopefully reaches the estimated $100k ATH. Although Bitcoin price has significantly increased from what it was last year, but from what I've yet observation it's after halving that the main bull run will gradually start to happen, until it eventually reaches it's ATH.
1093  Local / Off-topic (Naija) / Re: What if the naira currency takes its shape again on: February 26, 2024, 05:12:26 PM
Aldo people wey de earn for dollar get some advantage unto say as naira de devalue e no de affect dem money for dollar, because if dem change di dollar to naira, e go plenty for dem hand, meanwhile people wey hold naira, as di currency de devalue na so di purchasing power de devalue also. But make people wey de earn for dollar no too laugh people wey de earn for naira, because if you change that your dollar to naira, you go still take dat plenty naira buy only small items. Imagine garri wey de full one paint rubber wey be 800 naira before, now na 2,400 naira, so dat plenty money wey you change to naira , na still small thing e go buy.

For your question say weda naira, go take a sharp turn to reduce in comparison to dollar, make you comot mind, even if prices of goods go come down, na very small small like snail waka, I seriously doubt say e go happen within a few years. So make everybody double im hustle, no play play for dis country.
1094  Alternate cryptocurrencies / Altcoin Discussion / Re: Where did u put your Money ? on: February 26, 2024, 02:23:49 PM

For my self i have 60% of assets on BTC
But i wonder on which coin you have more % invested ?

Because we're headed to bull run and Bitcoin is looking good to be very bullish in this coming season, it's current  price is over $50k compared to what it was before the last quarter of last year, shows that it'll surely surpass the $100k that some analysts are predicting it to be by the end of this year to the first quarter of next year. Why I'm giving you this statistics is that if I were you I'll definitely go beyond investing 60% of the total money that I want to use to purchase cryptocurrencies, I'll raise the bar to invest in Bitcoin with 90% of my crypto investment capital. I'll invest so much more in Bitcoin because it's the most reputable cryptocurrency that will guarantee my ROI, then I can use the remaining 10% to source for other projects, because they won't be as sure as Bitcoin in this bull run.
1095  Bitcoin / Bitcoin Discussion / Re: Donald Trump's stance on Bitcoin is changing on: February 26, 2024, 01:23:18 PM
We need to understand one thing that we should never trust any politician they don't do things without their own benefit. As per the statement I don't think is any sort of acceptance but rather a pure manipulative statement and I think we shouldn't be quick in judging or trusting any politicians as it's all the vote politics and they can do anything for votes.

Majority of government and politicians don't like Bitcoin and crypto, you can understand that from the atrocious regulations laid by Indan government.

In an election year, politicians are very open to most ideas that a presented to them, it doesn't really matter if they don't like it, so far as there's a large number of voters that subscribe to it, they'll just play along until they enter office and completely ignore whatever it is. I'm sure that Donald Trump, has an idea of how he wants to run his government, if he wins, and if Bitcoin is not in it, then he'll just be answering questions related to it politically.

What I know for sure is that Bitcoin has come to stay and it's adoption is increasing everyday, so no matter the personal opinions of world leaders and influencial individuals that doesn't support it, they'll be forced to accept it's popular adoption by the masses. Inasmuch as Bitcoin adoption is driving by the younger generation, it'll eventually get the respect it deserves as a decentralized digital asset.
1096  Economy / Economics / Re: China are back to mining Bitcoin. on: February 26, 2024, 11:58:03 AM
You are wrong about the ban lifting, it still exists, BTC mining is not legalized in China instead if one gets caught, he will be given punishment, and that's so severe, last time I heard the news that Yi Xiao a provincial level official got lifetime prisoned just because he supported BTC mining while the government has banned it. (source). Who knows the real agenda behind this punishment but it sets a great fear among small miners.

I suggest you to give the link to the source from where you get the knowledge of ban eradication. You know spreading false news among people who could react to such news actively and might make financial decisions as well, comes under manipulation which is not encouraged by the forum rules. I assume you are understanding the level of

I just did a little research now based on your comment and from what I understand China, has not lifted the ban placed on mining in their country, so I wonder where the OP got his information from. As you said, he should provide a valid link to support his claim, so he won't perhaps unintentionally give a misleading information. From what I can understand so far, the people that are engaging in Bitcoin mining in china, are doing so illegally because according to the report from where I read in Google, it's still very much illegal in their country.
1097  Economy / Gambling discussion / Re: What are some things you should always avoid while gambling ? on: February 26, 2024, 10:58:03 AM
Gambling can be addictive so it's very important to have personal rules and regulations to guide you when you gamble, so I'll start with what you shouldn't avoid when gambling, which is very essential, it's discipline, without it, whatever you list to avoid in gambling can be what you'll be doing.

The first thing to avoid in gambling is what is continuously advised in this section of the forum, to gamble the amount that you can afford to loose, so we must be disciplined and avoid going beyond what we can afford to loose, because gambling is risky and addictive, you can lose all your money in the process. The second thing to avoid in gambling is chasing loses, once you've exhausted the amount that you budgeted for the day's gambling, it's better to call it a day and gamble another day, because if you're losing and continues gambling in the hope of recovering what you've lost, then you'd be surprised that you can exhaust all your money in the process.
1098  Other / Politics & Society / Re: Communication as part of life in the society on: February 26, 2024, 10:16:36 AM
I don't know what this life will be without communication, no interaction, no conveying of messages, it would be total chaos, because you will order for a sack of grain and a sack of rocks will be delivered to you. Communication is basic and very essential for there to be harmony in the family and the society at large, and communication often determines the outcome of any discussion or debates, a good communication skills can calm a tensed or rowdy debate and a bad communication skill can disrupt a peaceful atmosphere. To function effectively humans needs good communication skills to get the best results in any situation that they find themselves.
1099  Other / Beginners & Help / Re: Microstrategy’s X account gets hacked, $400k stolen through phishing scam on: February 26, 2024, 09:10:06 AM
This is the link to the story OP is talking about, for those who are yet to see or read it:
https://cointelegraph.com/news/microstrategy-x-account-hacked-phishing-scam

Gullible people will always fall for things like this, i know it is easier for people to fall for this type of scam because of the account it was posted from, but we have learnt from the past that the accounts of companies and prominent people have been hacked and used to scam quite a lot of people. So do not easily believe all posts about airdrops or giveaway, notwithstanding the account it is coming from.

Having said that, i think these companies and institutions should do better to secure their social media accounts, because it becomes believable when scams like these are posted from their official page. I even think the victims can start a class action against MicroStrategy in this case.

Thanks for sharing this link, I've read the full details of what happened, and it's indeed very sad how these hackers will maliciously use reputable companies that have gained people's trust to easily manipulate them into clicking phishing sites where the hackers will eventually gain access to their wallets and steal from them.

It has gone beyond only being careful about clicking unfamiliar links, people should also be very careful and shouldn't easily trust when they see any giveaways from reliable and trusted sites, because of the rising cases of them being hacked.
1100  Alternate cryptocurrencies / Altcoin Discussion / Re: AppleCoin on: February 26, 2024, 08:05:11 AM
Does anybody know the value of Applecoin

https://coinmarketcap.com/currencies/applechain/#Chart

You can directly see the price of this coin by entering this link and you can also see which exchange it is listed on. I have never heard of this coin I came to know about this coin through your post and searched it on coin market cap and found it to be $0.0006002

I think this coin came to the market recently.
If you are thinking of investing in this coin then investing here will be very risky for you. Because after listing this coin the price of this coin crashed a lot.

Thanks for sharing the link, there's nothing too spectacular about it, investors that wants to buy it should know that the crypto space is full of risks and they should prepare themselves to accept whatever outcome that the project brings, whether profit or lose. If it's not Bitcoin and a few top altcoins that are trustworthy, investing in anything else in cryptocurrency is a gamble, because most of them are scams, anyway I won't put my money in this applecoin, I'll rather hold cryptos that have reputable in the market.
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