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1161  Local / Off-topic (Naija) / Re: Investment be like farm work on: December 16, 2023, 10:59:03 PM
I agree with you, every thing need support and constantly adding to your investment will yield a better result just as you illustrated with your okoro plantation.

Sister, I for like advise you small, if you need to grow well for this forum eeh you no need all this kind post.
Just take your time go to https://learnmeabitcoin.com/ make you read they understand small small, then anything wey you no understand you fit come here ask am people go teach you to understand.

Best regards
Churchill
1162  Other / Meta / Re: Proposal For Naija (Nigeria LB) Sub-Boards Creation on: December 16, 2023, 10:48:14 PM
Op has a good proposal here but it all depends on admins decision, no matter the argument here whether the sub-board should exist or not it just a one mans decision that counters them all. But it's best to have his proposal approved because the improvement will be very much appealing.

Additionally, I also suggest that Yoruba language under other languages should be included as a sub-board in Nigeria (naija) local board. Although there are over 6 countries that speaks youruba language but in the forum it's mostly or just Nigerians who participates in such language conversation.

This is just a mere suggestions it can be thought of too.
1163  Other / Politics & Society / Re: What if we had only one language? on: December 16, 2023, 09:12:50 PM
So I have been wondering what if we had only one language?

What if all the countries of the world speaks just one language, would it have brought peace and unity in the world?

Basically I don't see language as subject of peace or unity. let's buttress from the aspect of one country speaking one language like France which speaks french and has no other languages, can we say there is peace in France as country? of course no. they have different cases going based on 1 or 2 difference either from politics or from resources management etc.
Human are made in a way that every individual thinks in his or her own way which makes different actions to take place and this actions being opposed by the opposite thinker leads to conflict or crisis which means even if they are brothers from the same mother there is no guarantee for peace.

mind you peace is a subjective reality, it varies what you might be seeing as peace may not be peace in my own view so peace can not be determined by language.
1164  Other / Beginners & Help / Re: Advice for my fellow Newbie on: December 16, 2023, 06:39:14 PM
Even though your post shows your interest in the forum as to learn rather than teach yet it contradicts what you're saying from your profile status as a newbie. As you said the forum is a place to learn and converse concerning Bitcoin as the primary aim of the forum but the merit system has changed a little bit that most of us are not longer interested in marking good post rather finding a merit farming posts that seems to be helping but solely for the purpose of merit.
One fact is I'm not excluded from wanting merit but it's better done in a good way than me trying to teach what I don't know. my biggest mistake right now is not reading what is necessary before hand now I'm reading it and saying to myself why didn't I read it before now.
So mate do as your post portrays and don't fall of the line because you're now being watch by senior colleagues and any mistake contradicting yourself might lead to ignore list.
1165  Other / Beginners & Help / Re: How to learn about Bitcoin ? on: December 16, 2023, 04:26:07 PM
I've been reading a few posts from time to time to educate myself more and be more knowledgeable about it, {....}

What's the best and easiest way to learn about Bitcoin and everything around it ?
Imo what you have been doing is the best thing you can do for yourself here in the forum to avoid blabbing unnecessarily.

Since your becoming familiar with the forum you can use the search button regularly to find the exact thing you find hard to understand and you can look for threads from the senior colleagues especially legends to read and understand the basic things in the forum. This advise was offered by one of the senior colleagues to me too that how I'm growing too.
1166  Bitcoin / Bitcoin Discussion / Re: Best piece of advice to anyone going into bitcoin on: December 16, 2023, 02:11:32 PM
Since it's has been discussed alot of times about investing gradually which is called DCA, everyone looking into buying Bitcoin is only advised to buy bit by bit on a weekly or monthly basis depending on your capacity is for the mere purpose of not missing out (FOMO). There are lot of ways to do the DCA but it best done manually but if you decide not to calculate it yourself you can go to websites that has to do with DCA hence calculate for you due it's not endorsed by the forum.

Mind you DCA is just the most recommended there are other methods that has to do with Bitcoin investment, you can also develop your method which suits you best.
1167  Economy / Trading Discussion / Re: Know when to stop on: December 16, 2023, 01:40:38 PM
go for  high quality trades.
Is there anything like high quality trades? I don't think so. its just a matter of confidence and methodology, If your trading and you find yourself losing you don't have to find a quality trade because all trades are trade there is non higher than the others it's about your risk management and your decision making. high quality trade is more like a term used by influencers to keep you motivated.

Generally, trading is like gambling your winning is what the determines your quality and it can be a lucky move at times since it's all about profiting anyone whose losing should take a break and re-strategize and find the faults in the failed trade then correct and make better trading. It's good to take a break but quiting is not an option in anyway, just keep pushing gradually and understand better that's the rule.
1168  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance is cuttiung some XRP and ADA products on: December 16, 2023, 01:12:57 PM
Correct me if I am wrong, but only certain pairings will be removed? Or XRP and ADA will be totally out of Binance?
It could also be that the new management might be trying to fix the issues that lead to the fines held on the exchange hence found XRP and ADA pairing as one so it has to be cut off but I don't think the token will be cut of totally from the exchange.

Since my cousin has XRP holdings in his Binance account, I think it’s time for him to move his XRP holdings to another wallet because of this latest move.
It's more advisable not to hold ones crypto assets on an exchange, your cousin moving his assets will be a good decision for him to a good wallet that will be more secured, he should look at list of non custodial wallets and choose one best for him.

  I was hopping that after the CEO issue and fine given to binance to pay, that it would be all, but to my greatest surprise it seems the SEC are looking forward to pull the exchange down.
Your not wrong either that the SEC are looking forward to pull the exchange down but maybe it's an assumption. I won't be surprised on any event that takes place on binance because if the CEO could be forced to resign then there is nothing impossible to happen.
1169  Other / Beginners & Help / Re: Don't give attention to unsolicited DM with link to claim a reward. on: December 15, 2023, 11:15:35 PM
I have experienced such too but my was as a result of being a member of an active channel like CMC, Coingecko etc so my username got there attention and they direct messaged me with such tempting links.
Personally I know that no company or some cryptocurrencies will Dm you to claim their rewards so obviously it would a scammers attempt.

Mind you there are no permanent ways to stop receiving such Dm(s) you only have to be cautious on how you react to such information and never to hit the links.  
1170  Other / Politics & Society / Re: Fight against corruption on: December 15, 2023, 06:21:53 PM
Fighting corruption will not be easy in Nigeria. The only way is to wipe all this politicians and replace them with young people. Because the police, army, judiciary, INEC, legislature all the govt parastatals are corruption not exclude our EFCC.
Wiping away this politicians and replacing them with young ones will not still solve the problem of Nigeria because corruption is deep and rooted in the system. There are other ways which have been proposed to stop corruption but it has not been working because of the grass root leaders. If you wish to fight corruption in country like Nigeria and you make it open then you're a threat and every threat must be wipe away which means you life is I your hands.
Even the young people are corrupt to an extent that no matter what you say to them it will not be their problem as far as Godfatherism still exist.
In my article about Nigeria Godfatherism was one of the major issue because everyone in politics but young and old has a Godfather that decides what will happen and if you oppose this decision then you loss your position. Use the recent case in Rivers State where the ex governor still want to make decisions for the state because his godson is in position (The so called godson is a young man too) so it doesn't matter the age as far as there is Godfatherism the system can't change.
1171  Other / Politics & Society / Re: Back to loss glory on: December 15, 2023, 06:05:24 PM
I wasn't born then but I know life was a bit easier then because people had less worries for crime though it existed but was very minimal. life then was focused on education as the only was to success that is why those men really ask for academic performance when conversing with children, white and blue collar jobs where the best jobs to attend and it was with educational performance but now evolution has change alot of things people now are afraid of each other for safety.

Discipline was the paramount duty of everyone not only ones parents.
what I believe is that the earth revolves and everything lives in a cycle and supporting my believe with the stories of how humans lived I know that it will get to a stage where life will return back to it's original state believe it or not it will. it may not be in our generation or next.
1172  Bitcoin / Bitcoin Discussion / Re: How to determine the right transaction fee? on: December 15, 2023, 03:04:55 PM
Not gas fee instead Bitcoin fee or on chain fee, gas fee is usually refer to altcoins. Not memepool instead mempool.

Different type of Bitcoin address, different size of the input and output, also how many input(s) and output(s) are affect the fees you need to pay, you can check in this site https://bitcoinops.org/en/tools/calc-size/
Yes I know, I have used many wrong terms here but you guys understood what I was trying to say, so please ignore the mistakes for now.

I checked the link you provided. I don't understand what's a transaction type is. I see P2PKH, P2WPKH, P2SH 2-of-3 multisig, P2WSH 2-of-3 multisig and lastly P2TR (taproot).
They are Bitcoin transaction types here are the meanings;

Simplified explanation of transaction types for beginners.

P2PKH: "Pay To Public Key Hash" - This is how a big percentage of transactions are made. You are requiring the sender to supply a valid signature (from the private key) and public key. The transaction output script will use the signature and public key after checking the hash of the provided public key with previous output, and through some cryptographic functions will check if the signature is valid, if it was, then the funds will be spendable. This method conceals your public key in the form of a hash for extra security. If the spending condition is set to present a public key hash, then it is a P2PKH TX, and you have the std Op_Dup, Op_Hash160,... structure.

P2PK: "Pay To Public Key" - Unlike P2PKH that contained the hash of public key; this script contains the public key itself. Anyone using this method to send funds over the P2P network is showing people their public key in the transaction details. The spending condition only requires you to present your public key and signature. The public key would be recognized by your wallet (following the above mentioned coding scheme) as „type 1“ address.

P2SH: "Pay To Script Hash" - became a standard script in April 2012. The outputs of a transaction are just hash of scripts known as redeemscript that, if are executed with specific parameters, will result in a boolean of true or false. If a miner runs the output script with the supplied parameters and results in true, the money will be sent to your desired output. P2SH is used for multi-signature wallets making the output scripts logic that checks for multiple signatures before accepting the transaction. P2SH can also be used to allow anyone, or no one, to spend the funds. If the output script of a P2SH transaction is just 1 for true, then attempting to spend the output without supplying parameters will just result in 1 making the money spendable by anyone who tries. This also applies to scripts that return 0, making the output spendable by no one.

P2WPKH: "Pay To Witness Public Key Hash" - This was a feature of segwit which stands for Segregated Witness. Instead of using scriptSig parameters to check the transaction validity, there is a new part of the transaction called witness where the validity occurs. In 2015, Pieter Wuille introduced a new feature to bitcoin called Segregated Witness, also known by its abbreviated name, Segwit. Basically, Segregated Witness moves the proof of ownership from the scriptSig part of the transaction to a new part called the witness of the input.

P2MS: "MultiSignature" - (multisig) refers to requiring more than one key to authorize a Bitcoin transaction and was first applied to Bitcoin addresses in 2013. Generally used to divide up responsibility for possession of bitcoins. Standard transactions on the Bitcoin network could be called “single-signature transactions,” because transfers require only one signature — from the owner of the private key associated with the Bitcoin address. However, the Bitcoin network supports much more complicated transactions that require the signatures of multiple people before the funds can be transferred. These are often referred to as M-of-N transactions. The idea is that Bitcoins become “encumbered” by providing addresses of multiple parties, thus requiring cooperation of those parties in order to do anything with them. These parties can be people, institutions or programmed scripts. Became a standard script in January 2012.

NULL DATA: (OP_RETURN) - transaction type relayed and mined by default in Bitcoin Core 0.9.0 and later that adds arbitrary data to a provably unspendable pubkey script that full nodes don’t have to store in their UTXO database. Anyone can use a NULL DATA script to add some arbitrary data to a transaction, so you can find them scattered around the blockchain. We have to remember that not all miners accept transactions with null-data and not all nodes relay them. (OP_RETURN) outputsLook for empty outputs when browsing the blockchain, as NULL DATA scripts are almost always placed on empty outputs (because the outputs are made unspendable by the lock).
Here is a web page with a list of metadata recently embedded in the bitcoin blockchain using OP_RETURN outputs: http://coinsecrets.org/

Non-Standart - to include this type of transaction to the Bitcoin Blockchain, an agreement has to be reached with a miner: the non-standard transaction will be then included in the blockchain when the miner resolves the block. Depends on the hash rate from the miner it can be quite a while taking into consideration very high actual difficulty which is rising constantly from the start of Bitcoin. Of course, miner will take a proper fee for the non-standard transaction.
If you take your time to read through the source of the quote you will understand better on Bitcoin transactions types
1173  Economy / Economics / Re: Food for thought on: December 15, 2023, 11:11:49 AM
I've been thinking about this for the last few years.

Having a formal job and a single source of income is something that I have to adjust in my life. I've thought countless times about opening my own business, but the question is: what to do? exactly which line of business to go? Sometimes I think a lot about finding a partner, because alone it's very complicated.
If your having difficulty in decision making you should stick to what keeps you comfortable or maybe you can consult an advances economist to broaden your knowledge about income generation through such conversation you can find an area of interest and go into it and make good profit hence having another source of income.

If I may suggest to you a business line weather your knowledge about it or not you can own it and employ some workers to manage it for you, business like pharmacy; you don't need to be an expert on it if you have the capital you can register with the legal Institutes of Health and publish a pharmacy employ a pharmacist. that's one of the business that can profit you because it has to do with health and it doesn't have a season because people sick everyday and need to be healthy so the location and capital is just required.

If you're due for marriage bro you can take a bold step to the other path of manhood and at least you will have an assistance in your area of business while doing other activities.
1174  Economy / Gambling discussion / Re: Type of gambling and Intelligence on: December 15, 2023, 10:51:58 AM
Does the type of game you play at a casino or sports you bet on show an individual's level of intelligence or how smart a person is?
Blackjack, Poker, slots, roulette, baccarat, sports betting, horse racing, betting on sociopolitical events, keno, etc.

In my opinion, there are games that requires intelligence but it doesn't show an individual's level of intelligence.
In as much as some games helps you to think critically it is still not a determinant on human intelligence.

Sure how intelligent you are can facilitate your change of success on guessing the correct out come of gambles but it can not prove that your higher than those who loss too. 
1175  Bitcoin / Bitcoin Discussion / Re: All thanks to my family they contributed and bought bitcoin for me on: December 15, 2023, 08:11:14 AM
It's a bold step to have a stash of Bitcoin compared to those of us who doesn't have but while trying to achieve a goal you shouldn't be pron to mistakes like not putting yourself in a good condition before investing.
The fact that you're desperate to have Bitcoin shows your interest on the profit of the halving next year but well it's not bad after all the point for investment is profit making right ? but I will like to put you in the better direction, what I see from your testimony shows that what you have invested in Bitcoin is what you cannot afford to lose, your parents gave you money to invest in Bitcoin which means you're not the owner of your money, if unfortunately Bitcoin goes the opposite direction and your capital is lost what exactly would you tell your parents happened to the money they gave you? Which means you're not putting in consideration what is required for investment. mind you I'm not tryna criticize your action but make correction. instead of rushing to buy when you don't have something that you can do without is really bad but at least you got something so congratulations to your achievement.

If I have to thank your parents I think they should be able to see this. Congratulations to them they have a son/daughter who's tryna make them proud.
1176  Other / Beginners & Help / Re: Starting as a Bitcoin Blogger on: December 15, 2023, 07:19:59 AM
Whatever you decide to do as a Bitcoiner is solely your choice if you wish to be a blogger you have the ball and the court too now is for you play.
Since you are watching YouTube videos I believe the cloud that is creater around blogger by YouTubers should be enough encouragement for you because they all have what you're look for here in the forum. Since it requires alot of information to be a blogger you have to read alot, DYOR etc and be honest.

I also hope you won't be part of false information that spread everywhere.

For sharing your idea to be a blogger I'm not a fan of such I would have you better keep it to yourself and achieve the result than share hence at the end you won't be able hit the target
1177  Other / Beginners & Help / Re: Beginners who considers quantities than qualities. on: December 15, 2023, 06:22:17 AM
Personally, I don't think the way you consider post quality is right, let me buttress a quality post can be a two line statement or less as far as it sends a message I'm quite sure it has a quality than writing a million plus words that beats around the bush without a clear point.

So spending time to create a post depends on what you are about to write, most people mistake quality for quantity there is a big difference in it, like someone writing alot of post everyday with a good messages such as helping out people to solve problems and someone writing same quality without a message it's considered quantity not quality  hence this thing is just intertwined.

I will use people from the forum as example.
JayJuanGee writes a lot of words in his post and is considered a quality poster.

Oshosondy writes a two or three lines sentence and his considered a quality poster.

Then let's take me for example now I can write like JayJuanGee and yet it's still not a quality post and you can write like Oshosondy and it still not be considered a quality post hence it all depends on the message your post carries.
1178  Economy / Gambling discussion / Re: The need for mental section or public orientation for new gamblers. on: December 14, 2023, 10:25:47 PM
Since this suggestion has been raise severally and it has not been welcomed I will only have to suggest that if you sincerely want to do something good about mental health on gambling instead of creating a sub board, you can bring up all the threads that discussed about the mental health issues in a list and create an interesting thread to be pin here in gambling discussion.

Correct me if I am wrong ..
What do you mean by this? This is all you post. Or is this a mistake?
I guess his a fan of the great philosopher Socrates that claims the famous statement "I know not what means I know nothing". His trying to say his not perfect with that. Lol
1179  Bitcoin / Electrum / Re: Receiving a Big Payment made to my Electrum Wallet on: December 14, 2023, 06:00:21 PM
There is no hacker out there that can help you recover your lost funds without you knowing them face to face. I believe the person you are talking to is just a social media scammer and i know for sure you have never met him or her in real life.

There is no such thing about viewing your history before anyone can send you any bitcoin to your electrum wallet. It just a strategy to scam you.
If he or she has the fund recovered he should be able to take a the service fee from the recovered funds. And how the heck can someone recover a 1.3 Bitcoin for you without your present or never seen you before imagine the the amount it worths now so it can never be real.

Don't fall victim.
1180  Other / Off-topic / Re: Simple advice, don't get carried away by people success stories. on: December 14, 2023, 05:43:42 PM
The problem most people face especially newbies/beginners in the crypto spaces is wanting to go to level 100 without taking the level 1, thereby making themselves loss what they don't have already.
How can someone hear that I made $500k in a day while trading after my 1000x attempt that failed and I lost, without knowing where I started from, how many times I failed before or how much I have lost before, they just want to make a $500k as I did too forcing themselves to go into what they don't know.

There is no way someone will come online especially on social media to screen how he or she has been losing especially when they have a brand to protect, they will only give you the tip of an ice burg and is left for the person who is hearing to digest what they heard before making any decisions but in most case Beginners just rush into the business that profited someone and wish to profit in just a twinkle of an eye.
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