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1401  Economy / Economics / Re: Another Coup in Africa: What is the economic effect? on: August 30, 2023, 04:42:41 PM

The assertion of these observers may not be entirely true it could be that the citizens are way tired of a monotonous passage rulership from father to son in the disguise of democracy which has for years undermined the development of the local economy with a rising inflation and are just seeking for a total change of governance so policies can work different for different outcomes. You can't keep doing the same thing and expecting a different result.

This move by the military will surely stiffen growth and it's dollar denominated bonds have seen a downward slide as a result of this. Another major blow this can cause them if ever the coup becomes successful is that it will force investors to look the other way; also multi and bilateral lenders could change or suspend lending in response to the coup.
Suspension of bilateral and multilateral business agreements are incumbent to happen in the event of a coup taken place in a democratic society and to any coup junta's they are conscious of this actions from international bodies against their action. But what needs to be done needs to be done not minding sanctions that may follow thereafter.

What the outside are pretending not to comprehend is that modern democracies is not doing the African states any better buy rather the leaders are abusing the democratic process and institutions to propagate suffering even in the midst of plenty (a country that has oil wealth that can be used to develop her economy still nothing tangle to show off in the standard of living of the citizens).

IMO let a people be allowed to choose a system of government that's favourable to them through a referendum and if you ask me I think the people of Gabon are completely tired of the family rule of over 5 decades now.
1402  Bitcoin / Bitcoin Discussion / Re: Hundreds of thousands trafficked to work as online scammers in SE Asia, says UN on: August 30, 2023, 03:29:01 PM
Governments of these affected states has a crucial role to play to end this modernized human trafficking under the auspice of scam.

The problem with fighting these scammers promoters are that some state elites are also into this business gaining a lot from it and will try as much as possible to sabotage every external force in cubbing this menace.

Another confusion is that we can't actually tell who's willfully executing these scams for these people to earn a wage from those that are actually forced in taking up the activity.
1403  Economy / Economics / Re: Another Coup in Africa: What is the economic effect? on: August 30, 2023, 12:51:16 PM
Some observers believe that these coups in these former French colonies like the Central African Republic, Mali, Burkina Faso, and Niger is to reduce France's economic influence in Africa.
The assertion of these observers may not be entirely true it could be that the citizens are way tired of a monotonous passage rulership from father to son in the disguise of democracy which has for years undermined the development of the local economy with a rising inflation and are just seeking for a total change of governance so policies can work different for different outcomes. You can't keep doing the same thing and expecting a different result.

Quote
The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy.
France is not the only entity guilty of this charge it's a behaviour of all the colonial order in the  African continent. The view is that it's a raw material ground and a market for their finished goods and that's why we till date after many decades  granting independence to all these colonies they still suffer from the development of  underdevelopment. The relationship is not mutual.

Quote
Others are also stimulating  that these coups are sponsored by some external forces that want to replace France. What is the economic effect of the coup in Gabon on the global economy?
External force or not I strong advise that these colonial powers should look inwardly and accept the errors they have made and still making till date in an imperialistic aspect. No people will revolt against a system that is promoting self attainment and robust economic development. So the question is was the economy of these coupist countries like Mali, Niger and now Gabon doing great before the coup?
I wouldn't be surprised it starts raining sanctions upon sanctions from the Western bloc, European bloc and the AU on the economy of Gabon in the coming days.
1404  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Appromixly how much time needs to recover BNB $310 price on: August 30, 2023, 12:19:34 PM

 I have brought more than 4 BNB when it's price on around $307. after, that SEC call break the market. but, i'm still holding and i don't know it's future probility. so, it's dead or again it will recover?
afterall, how much it will take it to recover?
BNB is a coin owned by binance and it's one of the good alts I know, the price is currently affected with the challenges binance is facing based on legal charges on ground and besides that the mover of all other cryptocurrency bitcoin is on a low price as well which should be expected that all other altcoins price will be affected.

You have to be patient with the market. From the price you bought to what it is now there's no much depth of loss and that's why you have to continue holding waiting for the good days ahead.
1405  Bitcoin / Bitcoin Discussion / Re: [JUST IN] Grayscale wins lawsuit against the SEC on: August 30, 2023, 11:57:03 AM
I don't get it: on the one hand, Bitcoin users are very much into "not your keys, not your coins". But on the other hand, "we" all want an ETF to pump the price. Which one is it? Encourage people to pay someone else to (promise to) hold Bitcoins for them, or encourage people to hold their own Bitcoins?

Those who want purely the latter are a very small minority. It's not just the ETF, without CEX the price today would be much lower for example. I try not so much to dream of an ideal world but to adapt to the one that exists and where we are going, and that is one where most Bitcoin transactions will go through centralized entities and KYC, leaving a small space (that I understand will be less and less as time goes by) for those who want privacy.
Thus it then implies that in the world we're heading to the criticisms of centralized entities and kyc won't be of validity any more as it has been with the infamous words "not your keys not your coins". It all looking like some of us will end up accepting the changing tide as we go.

Plus with approval of bitcoin ETF in the future people would be left with the laudable choice of either getting the product straight from the farm or getting it from the departmentalized stores as they would choose.

And I think an aggregate of bitcoiners are excited about  this by reason with an ETF the risk bothering on not having a technical knowledge, loss of keys or getting hacked won't be an issue of concern while you can still own your bitcoin. And with what I read on reddit, ETF are insured. Is this true please correct me if am wrong.
1406  Bitcoin / Bitcoin Discussion / Re: hmmm fishy on: August 30, 2023, 10:52:27 AM
The Grayscale ETF ruling is really generating and pricking investors thoughts lately and any big move just before or after that ruling has been attracting suspicion and speculations and this very transaction should be of no difference either. I think people are just excited over nothing (ruling) yet approved.
1407  Bitcoin / Bitcoin Discussion / Re: WEIRD BITCOIN CONVERSATIONS AT GATHERINGS - SHARE THE CRAZIEST STATEMENTS MADE on: August 29, 2023, 07:08:28 PM
After spending hours watching the market, making trades, and building up your Bitcoin, you might want to hang out with friends or go to gatherings. While some of them know about your activities, others might not. You might have had conversations or something might come up about Bitcoin.

Did any crazy things come up during these talks?

Did someone say investing in Bitcoin is silly?

I'm sure a lot of you have interesting stories to share. Tell us about your experiences!
OP your thread takes me way back when I had to spend time arguing with some friends and strangers when we might probably be having a conversation about investment then the idea of bitcoin is made to the discussion you now hear some of them saying bitcoin is a currency control by few high classified anonymous personalities, it's a charm, it's just a time bomb waiting to explode anytime soon. Blablabla!

And initially I use to go into arguments with them then it got to a point I realized it was just about ignorance taking a center stage in them and nothing more, so decided never to go into argument with anyone no matter their erroneous and misguided statements about bitcoin. Following a statement I read from a book it said, and I quote "everyone will get to buy bitcoin at the price they deserve", which means in my own very understanding, never argue or coerce people into accepting bitcoin or the idea of it, etc.

What cut me off my sleeves was a thread I recently bounce on into on the forum and what I read from the op about "bitcoin same thing as fiat" it shocked my imagination that there are people in the forum but yet have no clue about bitcoin.

Am sure some forum members might have seen this thread too.
When will the bitcoiners realize bitcoin is just fiat with enforced tax
1408  Other / Beginners & Help / Re: Newbies, beware of NFT scams! on: August 29, 2023, 03:25:42 PM
Everything you described is just another internet scam scheme. There is not much difference compared to the famous offers with the inherited fortune of the Nigerian prince, where it takes a few hundred dollars to pay off, which I believe we have all received at least once.
YouTube is full of smart characters who talk about making big profits through NFT, and that is enough for beginners to believe in such offers.
Why are you referring to Nigerians? Are there no scammer in your country and other countries? This is the definition of Nigerian prince according to Wikipedia when I searched for it online:



Do not let us use one country to refer to scam on this forum. No country is innocent.

The NFT market is in a knockdown and the recovery will be very difficult, I personally do not believe that it will ever reach the level it had a year or two ago. I can't say I'm not happy about it.  Wink
They are selling something of no value with money. People's ignorance was the reason NFTs were popular. The only NFTs that can be recognized are the ones like celebrity, important person like Donald Trumps and those like Jack Dorsey.
We should make sure to verify our information before being in a haste to let it out to the public domain so we don't dent the image and character of a people out of ignorance based on I-hear-say kinds of informations. That's why we have the word   research , because not all informations from the social media is correct or legit.
Fraud and scams are activities not subjected to specific people or country, it's widely all over the world and no well meaning entity will dare to support it devices.
1409  Other / Beginners & Help / Re: Have you ever been scammed ? on: August 29, 2023, 02:39:32 PM
Yes, I have been scammed once for $5,000. I was paying from my Ledger Hardware Wallet to Exchange for a quick P2P Withdraw and I realized I sent it to some address which has exactly same first 5 characters and last 5 characters similar to my Exchange Deposit Address. The attack which was done on me was Address Poisoning. I just copied the address from my Recent Transaction History on Ledger and sent $5k USDT. I still feel ashamed of that as I have kept myself safe from every other possible scam attack.
It's okay to feel ashamed for encountering such a costly mistake at the brief period it happened, but you don't have to beat yourself up about it for long and being ashamed till now. Every human is prone to mistake and we have at different times in life made our different mistakes of different degrees but we just don't have to live with it.  So mate let the shame go away mistake is part of life and no one is above it, we can only try not to repeat it and am sure you're doing that.




.
3. Greedy scammed. Those who were promised crazy returns without doing anything. (Bitconnect for example or Madoff in TradFi))
6. The betrayed scammed. Whether a beginner or an expert, the betrayed scammed has trusted someone (friend, colleague, lover...) and lost his or her funds.

Has this happened to you or someone you know ?
I have had a direct experience with number  3 but as for number 6 it was a friend that fell for that in his early stage in cryptocurrency.

I got involved with some virtual mining stuff like that, where i had to pay money to purchase a crypto mining machine in the platform which will be mining coins for me every day and eligible to withdraw the coins to my wallet at each end of the month. It was a funny experience actually as I had to always checking the platform first thing eaxh morning I wake up to see how my investment was going. Long story short, I woke up one morning after two weeks of investing into it only to get a massage that the site is doing an upgrade and we should wait for update very soon, for over more than 3 years now am still waiting for the damn update about the site upgrade. Lol.
That was how I lost my money to that virtual mining scam.

As for the number 6, it happened to a friend who trusted another friend of his to buy him bitcoin into his wallet, just for his friend to
 buy below the amount he gave him money for and sent to his wallet, at that time this my very friend don't know how to calculate bitcoin or convert it to usdt because he was just trying to learn about crypto from the very person that was scamming him. It was after some months he got to know he was shortchanged in the amount of bitcoin his so-called friend sent to his wallet.
 How awful.
1410  Other / Beginners & Help / Re: BREAKING THE ICE on: August 29, 2023, 02:08:19 PM

I finally created an account yesterday to enable have the access to be part of the forum. I created this account yesterday and today I’ve been able to make some posts/comments in some of the contents here.

Although I used to initially have an account some time ago but I kinda lost the password to the account and lost access to the account, although when I created the account I was unable to make posts due to a proxy ban on the account, but with the help of a VPN browser I’ve been able to create another account that now allows me to make posts and now I can make posts and comments.
For a member that have had an old account before and yet doing an introduction about his come back with a new account after allegedly losing his old account to what I will term due to his carelessness. It makes it clear to grasp that you never really used the old account for long cause if you had you would have known that it's of no use making an introduction thread.

Anyway, you're welcome back to the forum try hard to keep your new account password to memory so we don't get another introduction of this type later in time to come from you again announcing your second missionary journey return. Pay attention to rules of the forum, read threads that will uplift your knowledge in the forum so in the nearest future you can confidently contribute to the growth and thickness of the forum.
1411  Economy / Services / Re: Try Out Zenland Escrow Smart Contracts and Get Rewarded! | Web3 Escrow Review on: August 29, 2023, 01:20:11 PM
We have been on the watch out for a threat like this from you guys from when you first  made your signature campaign open for interested applications and it's great you guys have finally cracked it out. With time your reputation will span wide in the forum to the acknowledgement of many users who will definitely take your service to use All you guys have to do is to keep the flag flying under a seasoned and experience affiliated users just as Mr.right85 has rightfully enlisted above.
Welcome to the forum!
1412  Economy / Gambling discussion / Re: How late is too late to place a bet for a gambler? on: August 29, 2023, 08:41:50 AM
So many leagues and tournaments across the world have resumed preliminary matches of the season, as well as bookies and online bet platforms have rolled up their sleeves in response, to provide the best odds and bet options for its customers.

For so many reasons a bettor or gambler might make a late last minute decision that can either make them win big or lose big or prevent them from losing much bet on games they have played.

In order not to over stretch this topic, I just want us to dialogue candidly on your personal experience as to the one time you were so late in making a bet, but had to do it anyways.
 Did that last minute bet make you win or you lost more and regretted the decision?

How late is too late to place a bet or make a wager in both online and offline games and matches?

Are there also good online platforms or betting sites that have good last minute betting options for matches/games?
With the advancement of gambling no time is too late for any game particularly in sports bets  you can place your bet while the match has kickstart if you miss to do so before it started. There are availability of numerous options that you can't find any excuse not to place your bet except you didn't want to and all come with different risks to loss and gains.

I don't frequently gamble as at most it is twice or thrice a week meanwhile I always bet on sports games, and there have been times I have booked my games for the weekend but didn't place a bet immediately only to realize later on that some games has kick-started affecting the total amount of odds in all my accumulated games but I do still go on placing a bet on the odds that's left and many times I have made winnings in such scenarios than I have lost.

For those games that had started already and we're no more among my booked games ends up with a bad outcome that could have spoilt my supposed winning, so at times some games we missed to add in our bets can be of positive results to our bets missing out on them.
1413  Other / Meta / Re: Icopress ' Merit Source Application 🚩 on: August 28, 2023, 10:07:06 PM
I am not surprised by the unanimous reception of your application and how people enthusiastically admire your decision to apply for a merit source, you are a man with popular repute in the forum.

You have done that which you should do by applying for a merit source  and not that you desire to be a merit source in your own interest but for the service  and profit of the community for those good posts that deserves merit but are denied because of the insufficient number of merit source in the forum.

 With your addition to the merit source we already have in the forum there's going to be a degree of expansion and it's only necessary that those that wants  to serve be giving the opportunity by the forum admin.

 Icopress, your application has my support.
1414  Economy / Services / Re: [OPEN] 0xBET - Crypto Casino | Sig Campaign | Up to 0.0025 BTC/W on: August 28, 2023, 09:25:20 PM
Username: Lida93
1415  Economy / Services / Re: [OPEN] eXch.cx - Automatic Exchange | Sig Campaign | Up to 0.0036 BTC/W on: August 28, 2023, 07:34:39 PM
Username: Lida93
Bech32 address: bc1qf9vm9mhw0w6a78tv7as0aww47h3zqj5g5zt8yr


Applying  with the trust to be considered, hopefully.
1416  Bitcoin / Bitcoin Technical Support / Re: I thought I would never get hacked... on: August 28, 2023, 06:44:48 PM
At this junction I take my bow not to return to this same discuss believing we are at square with it.

Hey mate, I understood everything apart from this sentence. Sorry but English is not my native language.
What I mean by that is that at this point of
the discussion am sure we've both understood  each other's point.
1417  Bitcoin / Bitcoin Technical Support / Re: I thought I would never get hacked... on: August 28, 2023, 05:44:59 PM

I don't know you the thief is, but I really wish that they lose all of their belongings.

You don't need to know the thief and I think those wish/swear words of yours are unnecessary and the occurrence will repeat itself if you don't take appropriate measures to safely keep your private keys in place. I believe your funds weren't gotten access to because you're using a wallet with 12 private keys, same would have happened even if it was a 24 private keys phrase because this seems to happen due to a malware (maybe from a careless use of it online) or you exposure to a third party unknowingly to you. Swearing won't help but taken adequate measure towards your security online will do just fine.

Ok. I have noted that but I will keep swearing against anyone when they get unauthorized access to my coins. Apart from that, there are 3 pages in this thread where we go into detail in regards to the mistake I ve made. If you leave the door open at night, it is a stupidity. But this doesn't mean someone has any right to get inside and steal.
You're absolutely right mate no one has a right to walk into another privacy and steal a property, but not everyone will behave or think in the way you do. The world has gone beyond were people take to heart between what's bad and what's good. So you should be able to embrace between what it is from what ought to be, and take your security above anything else.

So like the saying goes, when you're in Rome you behave like a Roman. Which literally mean, in a world like this never be stupid to leave your door open, there could be someone nextdoor waiting for the opportunity to hup in at any slightest chance to steal from you. Apply this ideology same to your wallet  private keys.
At this junction I take my bow not to return to this same discuss believing we are at square with it.
1418  Economy / Trading Discussion / Re: HOW DO YOU MAKE MONEY WITH LESS MONEY? on: August 28, 2023, 04:35:32 PM
Maximize Risk-Taking:
Go for meme plays x10 or x100, or even lose it all. Take huge futures leverages. In the worst-case scenario, you might lose everything, but if you win, your $150 could turn into $1,500 or even $15,000.
Wait what? Are you suggesting taking risks like that? Just because you are investing what you can afford to lose doesn't mean you should lose all willingly. Every trade contains risks, NGL, but that's why we use risk management. This gives us the advantage to keep the loss to minimum and maximize our profits. But saying things like this and encouraging people to use high leverage is misleading.
[
Op was just contradicting himself throughout each step of the way down the thread, and it perplex me to ask is OP just trying to catch cruise with us or is he really serious about all what he has said.

He's advised that a trader should go all in on a project or should take huge features leverage of x100, like how does he expect a trader with less money to go all in into such preposterous manner of trading that has little or no chance of winning a trade but the making of elephantine losses. I peck it to be a gambling strategic and not for trading, because there's no risk management in all of that, it's not even about investing what you can afford to lose, it's foolish to act so.
1419  Bitcoin / Bitcoin Technical Support / Re: I thought I would never get hacked... on: August 28, 2023, 03:58:55 PM

I don't know you the thief is, but I really wish that they lose all of their belongings.

You don't need to know the thief and I think those wish/swear words of yours are unnecessary and the occurrence will repeat itself if you don't take appropriate measures to safely keep your private keys in place. I believe your funds weren't gotten access to because you're using a wallet with 12 private keys, same would have happened even if it was a 24 private keys phrase because this seems to happen due to a malware (maybe from a careless use of it online) or you exposure to a third party unknowingly to you. Swearing won't help but taken adequate measure towards your security online will do just fine.
1420  Economy / Services / Re: [OPEN-Changed rate] Yo!Mix Bitcoin Mixer Signature Campaign| Reward up to $200/w on: August 28, 2023, 02:10:28 PM
Rank: Sr member
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