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October 31, 2024, 10:56:26 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
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141  Local / Nigeria (Naija) / Re: Bitcoin Investment VS Betting 😱😱😱😱 on: February 12, 2024, 06:26:25 PM

   Wetin me i understand for dis mata be sey,that person  dey reason the trading aspect na because of wetin him don pass tru and wetin i dey understand for some people na because of wetin MMM and others don do dem and some of our people wey dey dis platform no dey come out openly dey explain to people na only the trading aspect so that dem go follow dem share the money so people dey fear and if no be your sure man show you the way you no go believe since wayo wayo don over plenty for our country because of the hardship.so no blame am i also see one post for my friend phone wen somebody text her make she come invest for Bitcoin, i tell her say that one na scam.i come show her how e dey b for the platform and everything.
142  Alternate cryptocurrencies / Altcoin Discussion / Re: Scalability Solution on: February 11, 2024, 10:22:44 PM
The solution to scalability.
 *  In increasing the block size limit and enhance transaction strength using SegWit aids in solving scalability .
   When you perfect the use of blockspace SegWit reduces Bitcoin fees and  the general transaction speed and the network can makes series of transaction without increasing it's growth of network,it also helps in transaction signature and transaction data separation that is allowing the creation of more space within each block.
   SegWit lmproves security and the state of being trusted of Blockchain technology and increase the strength of transaction .

  *. Lightning Network gives the liberty to make off-chain transaction quick and low cost, bringing congestion very low and making scalability high.
 Also using Bitcoin side chain can make a way to improve scalability making transfer of asset within various chains, it also make better transaction verification .
   
143  Bitcoin / Bitcoin Discussion / Re: Limitations or scalability issues with the Bitcoin network on: February 11, 2024, 09:20:18 PM
   Bitcoin scalability is the lowest amount at which Bitcoin network is being able to manage and control large quantity of transaction data within a short period of time on its platform,it is associated with the records of Bitcoin blockchain which are  limited in size and frequency , the Bitcoin network has the transaction in the block when it has been verified, and verification has to take place in the decentralized system among each node for every transaction.
    Only few numbers of transaction within a short period of time that the Bitcoin network can process like one block . The reduction of the block size acts significantly on Bitcoin scalability, because it will be made known the maximum quantity of data which will be added in  a single block and when you increase the size of the block limit can make the transaction better throughput and reduce congestion but also make the storage to be high and need the capacity  for data transfer on an electronic communication to run a full node.

   The scalability of Bitcoin challenge comes as the network increase and deals with more transaction giving rise to higher fees.
144  Local / Nigeria (Naija) / Re: Top 2 cryptocurrency exchange on: February 10, 2024, 11:22:04 PM
   Binance is cheap and good to be used by advance trader,it has a very important consideration fee   organized for investor and traders also good for people that want to stake hard in search of altcoin,it is dominant and very strong for individuals and businesses that is willing to chart with alot of different cryptocurrencies,it offers complete low fees and greatly developed important part is a place of safety fo seasoned marketers.
  
   As cryptocurrency without stopping to increase in population, Binance is still a leader in  the cryptocurrency industry giving unparalleled rewards to it's users.
 All these attributes make it a better choice for beginners and experienced traders.
  
   Coinbase is simple to use and good for a starter,it also give simple, security and assess to beginners which makes it a good for beginners.
  
145  Local / Nigeria (Naija) / Re: [Rumour] Crypto P2P market the cause of BDC operation closedown in FCT on: February 10, 2024, 09:31:17 PM
 
   The  truth about this country is that they keep on deviating from the truth,when it is crystal clear that what they are seeing is black, instead of them to solve the problem BDC is facing and update their technology, they will not, now they are not happy that the youths are smiling through Bitcoin,they are trying a way to stop it,but it will not work because God is on our side.
 
   Am so happy about what the CEO of Alpha -Greek -Technology said, let Nigeria solve their problem and not running away from it, i don't think a rumour, it's just that their claim was not supported,what about the evidences
146  Local / Nigeria (Naija) / Re: Hand work and skill or well paid government employee on: February 09, 2024, 09:24:38 PM

   The truth be say who read to make am for this life go make am because if you serious you no go give excuse,you get where you dey live and chop now ,you know people too ,ask  dem for help no how e bad reach you go see help, even if e no reach the amount wey you ask for ,dey save am small -small the you self find work wey go pay you, remember na for a matter of time no be forever no matter how small,save am join any one-way dey enter your hand from your helpers ,also try get one small tin wey you go fit use that your small money sell on your own at anytime, you go still dey go work ooh before you know you go get the money for wetin you wan do.
147  Bitcoin / Bitcoin Discussion / Re: What does BTC mean to you? on: February 09, 2024, 06:43:17 AM
   Bitcoin means Wealth, asset financial breakthrough and freedom . Let look at the definition of Bitcoin. Bitcoin  is a digital currency that maintains it's records and transactions and new units of currency are generated by computational solution of arithmetic problems and it function on its own. It is created in 2009 which uses the peer -to-peer technology to help help run more  smoothly and effectively mode of payment transactions.

   Bitcoin is a process of making money and a way of payment without the control of anybody, groups or entity therefore, not allowing a third party involvement in it's financial transactions, it is rewarded to those mining Blockchain for verifying transactions,it also can be bought on various exchange.

   Bitcoin is the first decentralized cryptocurrency using a decentralized ledger system , it's distributed,traded and stored , because of its outstanding qualities and store value and unique pattern of operation makes me happy.
148  Local / Nigeria (Naija) / Re: The power of Networking. on: February 09, 2024, 05:27:28 AM
   Networking is sharing of knowledge/ideas with a common profession or special interest always on an informal social pattern, also relate to the step by step nurturing professional relationship to form a system of information and serves as a foundation for establishing worthy connections which affords opportunities trade ideas to maintain long-term trust for each other and so the power at which networking operates is very versatile.

   Networking helps in broadening your opportunities by bringing you together with real clients, patterns, investors and mentors, it also give you the liberty to valuable knowledge, insight and industry trends which will help you stay above the curve, helps you concentrate on building a true and good relationship among your colleagues, grow,learn,find supporters and increase your quality to see your industry above it's present state.
149  Local / Nigeria (Naija) / Re: digital marketing and working from home on: February 08, 2024, 10:17:47 PM
   Digital marketing and working from home gives a lot of rewards because it saves cost,it makes you to be more creative and independent.

   The importance of digital marketing is to make people ascertain targeted audience,make more sales and increase their revenue.

   The reason why digital marketing and working from home is good because your
  customers are already online which makes it easy to engage and retain customers.
   People competing with you are already into digital marketing,you can monitor your marketing campaigns and reduce and reduce them for good result
It's more expensive and very fast , which can get a very good return on your investment

   Digital marketing and working from home can give you money and also connect you online to more customers.
150  Bitcoin / Bitcoin Discussion / Re: Can bitcoin be stolen? on: February 06, 2024, 12:20:14 PM

   Yes Bitcoin can be stolen, if necessary measures. are not put in consideration to protect and control your private keys. The security of your Bitcoin wallet depends on how safe your private keys are kept because scammers use different methods to steal people money from their accounts which are knowing your wallet address, exchange hacks, crypto jacking and social engineering schemes and others,and so you need to protect your private keys.
151  Local / Nigeria (Naija) / Re: Tips to Avoid Scams on Cryptocurrency p2p Exchanges on: February 06, 2024, 10:51:28 AM
   Here are some additional tips .
Cryptocurrency p2p exchange scams always happens because the scammers goes behind the a platform's escrow system and makes transactions outside the platform's,and so trades should not be done outside the platform in respective of how much you will be pressured and choose a trustworthy platform.
   Check your bank account/wallet regularly in other to make sure that the agreed amount have been received before transferring of your cryptocurrency asset and the transaction is complete successfully also verify the user's identity,just trade and prevent long discussions.
   Do not share you personal details with the trader and also your contacts.

These scammers rates their customers badly,and they lack escrow system,and when you  rely on your  counterpart for evidence, they are likely to give alot of evidence of payment.
152  Local / Nigeria (Naija) / Re: What makes BTC stronger. on: February 04, 2024, 02:52:19 AM

   Bitcoin is stronger because of its value which can be exchanged for and replace fiat currency but keeps a high exchange value, so many people don't know how it function.
  The demand and supply of Bitcoin display it's market value for the number of coins in distribution and the rate at which you pay for it.
   
   Bitcoin can't be duplicated and has made it known to be decentralized and censorship resistance for a long period of time now. supplying of Bitcoin is exactly governed by odes and put to law by the people who make use of it, Bitcoin can be sent anywhere around the globe in a second without subjected to very high cost that is usually billed for in a traditional banking system.
153  Local / Nigeria (Naija) / Re: Does Bitcoin need advertisment? on: February 04, 2024, 01:22:17 AM

  Bitcoin needs no advertisment because it is now very known and famous, it gain its recognition from promotions and marketing being made online. The awareness of Bitcoin has being made known by so many,how it function,the suff it is made of that is being used for many things like buying and selling goods and services, investing and keeping savings.
   Bitcoin network advertising deals with website allowing everyone to display their promotions in getting a special kind of group of people that can be interested in whatever products you have.
154  Bitcoin / Bitcoin Discussion / Re: The Psychology of Investing in Bitcoin on: February 02, 2024, 10:56:42 PM
Investing in Bitcoin is high in emotions and likely to change
☺️Greed,Fomo and fear can a person think ,when you invest in Bitcoin, it is difficult to control your emotions and having reason to understand and give strength and support to a person.
The reason why we invest in Bitcoin is for it's potential growth and to make more money,also Bitcoin is more transparent on speed and transaction, accepting digital currency in a lot of places and one merit over the high returns on your investment,broad adoption,store value ,proven track records which will make the future to rely on it.
155  Other / Beginners & Help / Re: Reason for acquiring bitcoins. on: February 02, 2024, 09:34:10 PM
Acquiring Bitcoin gives you more wealth ,is a decentralized assets which does not change nor have limited supply which can be used as means of exchange,and can help keep limit against inflation.
   It's long-term stored value reliability gives interest to acquire it alo it's high liquidity comparing to other cryptocurrency which one can easily buy and sell Bitcoin,also it's permissionless nature .
156  Bitcoin / Bitcoin Discussion / Re: Difference Between Fiat Currency and Bitcoin on: February 02, 2024, 01:09:16 PM
Fiat currency is the money given out by governments of various countries, they are in physical form that can be held by every individuals. Fiat currency is a legal tender which are supported and it's value is attached to the currency signed by the government and controlled by central banks,i.e being centralized and stable. While Bitcoin transaction is decentralized P2P and not regulated and controlled by anyone or government instead been supplied automatically increased and distributed currency around the world, Bitcoin is a virtual currency and a digital asset which gets it's asset value from it's native blockchain also officially controlled by blockchains, computer code,it's value can change in large amount .
157  Bitcoin / Bitcoin Discussion / Re: The Relationship Between Cryptocurrency and Traditional Banking on: February 01, 2024, 09:47:28 PM
Cryptocurrencies are created on Blockchain technology that give rise to P2P  transaction on their own without third party . cryptocurrency and conventional currencies
does not allow clashing payment  among two groups, it's also a store value . cryptocurrency gives an organized and secured way in storing and transferring cash using quicker processing means, it's fees are lower compared to traditional banking.
Traditional banking are being managed and controlled by governments and agencies
158  Economy / Services / Re: [Round 2] Utopia P2P - Official Android Review Campaign (Newbie - Legendary) 💎 on: February 01, 2024, 07:11:34 AM
Utopia messenger is a problem solver which solve all your online activities and communications they are 100 percent secured. Utopia P2P messenger is unique because it's quick response to messages and questions and all it's features,when being asked with no delay and does not relay on any general server before it deliver,that is uninterrupted network
All documents and messages are confidental and nobody can assess ,fast in emails, browsing and unidentified identity . It's the best thanks.

 
159  Local / Off-topic (Naija) / Re: The importance of mental health on: February 01, 2024, 02:00:57 AM
Mental health is very closely connected to how you feel towards yourself, it's quality give rise to your self-respect , which includes your emotions, social well-being,and phycological aspect of our lives ,and also display our ways of feeling, doing things and thoughts. Mental health plays a key role in knowing how we interact with people ,decide what we want  perfectly and ways to handle stress. In all stages of our lives,mental health is important from your childhood to adulthood. It is a very essential aspect of health that supports every individuals and joint abilities in order to decide ,setup and model relationships , community and the world at large. It is good to be sound mentally because it helps us in good productivity, creativity,extend our life span and make our learning abilities better.e.t.c
160  Other / Meta / Re: BCT vs BTT abbreviation for this forum on: January 31, 2024, 03:50:48 PM
In a nutshell since we are used to BTC for Bitcoin and BTT for Bitcoin talk  i prefer it to be the way it has been that is BTT meaning Bitcoin talk should remain that way and Bitcoin=BTC
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