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1841  Local / Nigeria (Naija) / Re: President Tinubu Signs Student Loan Bill Into . on: June 20, 2023, 01:49:05 PM

Dey play, watch as politicians go corner side this one too. Dem go find way only give am dem sisters and brothers or use am run campaign wey be say if you dey find recommendations to get the loan you go need dey their party or sell your votes give them before your children fit get access to the loan. Make we no dey behave like say we no kw how things dey work for this country. Just use those scholarships programs use understand how this one go go too. The idea no bad  if to say e go work as tinubu dey play am for go well because the poor go dun get an escape route to study like others but our politicians go abused the gesture from the tinubu government.

Also wetin d government go do people wey no fit pay the loan back abi dem go force the guarantors to pay back the loans. Make dem no go do wetin go make to get guarantors go hard oh because when them hold one guarantors others go begin reconsider their support to students wey want the loans. Also wetin the government go do to provide job so students wey take loan go see means to payback the loans and on time. We get very far way to go for this country and although bills like this make sense for paper, e no make sense for practical because alot of other things that are more important than this bills has to be done before we begin dey reason this ones. Anyway make tinubu carry on with the signings and make him reason minimum wages as him dey sign bills them.

No doubt as you have said it all. In less than no time this student loan will be a cheap point for political campaign as politicians would want to make sure they all have their way into it.

I would not be surprised it turns out to be a party party thing and if one must access it, one must have to be a loyalist or have the signature of a known political bigwig in the state or party before anything is done. I hope it does not get to that point because it would be of no use as the sole aim of the student loan would be defeated.
1842  Other / Beginners & Help / Re: Newbies Stop Teaching When You Need To Learn. on: June 20, 2023, 01:19:13 PM
Newbies are not expected to teach and influence other people as their knowledge is still limited. They lack knowledge and experience to share that will convince the people. Instead, they are obliged to acquire more reliable information first and develop some self strategies and skills so that they can be good teachers and influencers in the future. Although I believe sharing what you learn is a noble act, but note that newbies are not capable to do that, just give that chance to those who have been here in the market for long.

As a newbie, it is assumed that you are new onboard the platform so therefore, you have no idea how the system works and as a matter of fact, since this platform is all about bitcoin, same thought is applicable in both ways.  Although some newbies are not what you think they are, some have vast  experience in Crypto currency and bitcoin and would want to show it here but would be talked down at. So the best way to avoid such is to remain a newbie, and learn about the forum and policies so as to keep updated of events and activities.
In as much as some newbies are knowledgeable enough, they would have no option than being cool  until they rank up.
1843  Economy / Gambling / Re: Punt.com on: June 20, 2023, 11:50:38 AM
This sound and look so sarcastic because I don't expect you to keep winning all the time likewise other members too because the casino must win at some point and that is what keeps them in business. Casino generate their revenue from the losses of players and that is why their probably systems are set to favor the house against the gamblers, so it is what it is you have to move on and face your losses instead of blaming it a on punt.

Truly casino generates their revenue from most games that ends at loss from their clients and this they have been using to sustain their casino daily. OP should not expect a 100% win or a 50/50 win as it is near impossible to be a reality. Same way OP is wanting to do his/her critical thinking, same way the casino management is doing theirs to remain relevant and on the mainstream too. In as much as both parties  are trying to make an ends meet, each are bound to make loss as well. So therefore the game must in every atom of transparency be a provably fair game so that no one cheats each other.
1844  Local / Nigeria (Naija) / Re: Bitcoins for naija need prayer support on: June 20, 2023, 08:51:46 AM
OP, this is technology and it has to do with, awareness, acceptance and  adoption. It is not about going spiritual everytime but of knowledge and Understanding. If these people are properly educated and knowledgeable enough about bitcoin, they would not be commiting some blunders they do. Come to talk of it, most of them are old school not near anything modern innovation and technology as this was the case of the previous government and it affected the Crypto market industry in Nigeria but however, we believe this incumbent government has much bigger and better plans for Crypto/Blockchain in Nigeria and we hope that the president gets a good adviser with more exposure and broad knowledge and Understanding of the tech world so as to educate Mr President good ideas and advise to work with in respect to Crypto.
1845  Local / Nigeria (Naija) / Re: I want to place advert for my customers to fit pay me with bitcoin. on: June 20, 2023, 08:31:53 AM
OP I like your idea of accepting bitcoin as a means of payment. This has been amongst the reasons why we are here. Creating awareness and promoting the adoption of bitcoin is one of our major goals. So far, there have been lots of enterprises from our local board here that are accepting bitcoin payment for quite sometime now and it has been positive and remarkable.

I will like to call your attention to what you have said OP  "so why I bring dis topic here say make una follow chuk mouth for inside di matter be say as CBN still ban cryptocurrency, ". Do not get things mixed-up OP. CBN never banned Crypto currency in Nigeria, they only restricted the banks from carrying out Crypto related transactions or payment. To the best of my knowledge, p2p platforms do exist on exchange and other forms too were Nigerians have been doing transactions but the truth is that nobody wants to identify publicly to be doing Crypto transaction  for the fear of the unknown but rather choose to remain silent doing things with Crypto and bitcoin. Everybody is just careful not being the scapegoat by the efcc and others.
1846  Local / Nigeria (Naija) / Re: Nigeria SEC tag binance operations illegal on: June 20, 2023, 07:53:51 AM
Clearity on the Binance saga.

I have been seeing various comments and happened to come across this topic, on how the lawsuit against Binance U.S. is affecting operation/service in our region.
The truth is, the SEC in Nigeria investigated Binance NG Ltd and discovered it isn't a subsidiary of the main Binance, but a name registered in hopes that Binance would come to the country.

Here's a snippet of my findings from Mariblock website:
Quote
Mariblock consulted the Corporate Affairs Commission (CAC) of Nigeria’s database to fact-check that the entity “Binance Nigeria Limited” indeed exists.
While a search returned a match, the company, registered in December 2019, is inactive.
Mariblock contacted one of the individuals listed as officers of Binance Nigeria Limited to verify the company’s affiliation with Binance, the global exchange.
He confirmed to Mariblock that Binance Limited Nigeria is unaffiliated with the global exchange, adding that he registered the company for arbitrage purposes.
“The company [Binance Nigeria Limited] is not affiliated to Binance. It was only registered for arbitrage reasons when we thought Binance might want to set up operations in Nigeria. But that did not happen, and as you can see, it [Binance Nigeria Limited] is inactive.”

A Binance spokesperson told Mariblock:
“We are aware of the circular. However, the entity mentioned in the circular [Binance Nigeria Limited] is not affiliated with us. We are therefore seeking clarity from the Nigerian SEC and remain committed to working with them cooperatively on the next steps..."

This is just the SEC warning anyone within this region to be careful about investing in cryptocurrency because of the risks involved, mostly for those who have little knowledge about the subject matter. The SEC isn't against the idea of decentralization, but hopes to help protect the funds and data of its citizenry from hackers, scammers, fake exchanges with questionable operation, by collaborating with other regulators within the country to offer guidance as necessary.

https://www.mariblock.com/nigeria-sec-warns-against-binance/

I had to follow up with this saga too to know what really is happening and now it is obviously clear that the mainstream binance have refuted the claims that they have link or affiliations with binance nigeria limited. This is coming after much investigations by the sec on binance nigeria limited. This organization have been running for a long time now and it seems they have gotten the required publicity they needed but are not what people think they are.

I know they were having the thought that binance would come to Nigeria and when they come, it would happen that the name is already registered and would have no option than working with the already existing one but they forget that this doesn't work that way. Now that the mainstream has come out publicly to deny knowing or having anything to do with them this is an indirect way of tagging them scammers. These are the things that brings Nigeria to being noted for wrong doings. They wanted to act smart while waiting for the mainstream to come collaborate with them if it happens they want to establish an officie here in Nigeria but now the reverse is the case. They have ended up in doing more harm to themselves and organization as binance has included the word "scam" to their public notification and awareness on their official social media handles and this would cause the problems as the Crypto community would cast doubt on their credibility.
1847  Economy / Gambling / Re: Punt.com on: June 17, 2023, 03:53:14 PM
Hi, i tried this casino i found here in bitcointalk forum,

i signed up, made a deposit and tried to play to a slot....

results shown in casino statistics:

Total game played:  370
Total loss : 330
Total wins: 38

now im asking myself: how do the call this "provably fair?"
let me give you a little advice, stop playing to this S***, all online casino will
only cost you money an time, you will never win a dime in these places, and if you win,
you will lose it next time (doubled)..all games are programmatically set to steal your money...
they are not rigged by casino, there is no need to do it, they already born this way, directly
from the software company...period


Good Luck


OP, definitely, in every game, there must be a winner and there must be a loser. Therefore, you must be prepared to face whatever the outcome is irrespective of what the stake is that is why it is called a provably fair game.

Do not forget that the main aim of every organization is to make profit. So if  you claim the gambling 
organization design softwares to favor them I have no  doubt over it so you should expect it because that is the main aim of organizations to make profit.
1848  Other / Beginners & Help / Re: Newbies Stop Teaching When You Need To Learn. on: June 16, 2023, 09:03:17 PM
Or worse — sometimes we have users with zero merits trying to teach people how to make quality posts and how to earn merits the right way. Like, lmao. Every time I see those kinds of posts this is the thing that always comes to my mind:

😂😂😅😅🤣🤣
I can not stop laughing this is a typical example of a newbie advising people on how to trade when they have no trading portfolio with no reputation onboard.
They have no audience, no activities, not reasonable posts and contributions, no merits and they want to teach their seniors 1 plus 1.
1849  Local / Nigeria (Naija) / Re: From the news across the market do you still advise to buy now? on: June 16, 2023, 03:14:11 PM
The price is currently far below the initial. If you already bought then I think it would be in your best interest to hold for long so as not to be at loss or if you already sold out, that should not be an issue for you but currently, investors are taking advantage of this opportunity to bag more while the weak hands are on the rage of selling for missing out.
1850  Other / Beginners & Help / Re: Are you still buying? on: June 16, 2023, 02:45:41 PM
This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about, bitcoin price has drastically reduced the number of buyers overtime, even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma. Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react. Keep buying if trust bitcoin

I can see a lot of people still buying Bitcoin even at this moment even if the market price drop a big percentage, I mean when the market price drop there are a lot more opportunity to invest in Bitcoin and more people have a chance to buy Bitcoin that they can sell in the future for a lot higher profit, Its really difficult to hold Bitcoin especially if you see the market drop a lot of percentage and that's where a lot of investors start to sell their Bitcoin. Probably because of a lot of bad news and articles online about Bitcoin and cryptocurrency that really affect the market.

But still, I still can't see people who will stop buying Bitcoin, There is always a cycle in the market probably at this moment there are only a few investors that are willing to risks because of the low market price. This is the opportunity to buy since the market price is low sure when they see the market price continue to increase a lot of people and investors will want a piece of Bitcoin on Bullrun.
If a lot of people were buying bitcoin now, we would definitely see it on the price change chart. But what is happening now suggests that there are still more people selling bitcoin, which is why the rate has fallen. There is a kind of panic effect here. The more the price falls, the more willing to sell btc. Because the fear of a further fall forces to do so. On the bullrun it will be the other way around. The more the price rises, the more people will invest in bitcoin. This will work until a certain point. This is a well-known paradox of any markets, be it the cryptomarket or the stock market. You don't have to follow the crowd, you have to go against the market. And no matter how much cheaper bitcoin is, there will always be buyers, thanks to whom the lower price bar of btc is kept. So, the question, are you still buying, remains relevant until now. Because now is not a bad time to do so.

This is absolutely the right time to buy more. The weak hands are leaving, dumping for the whales to take charge of the bitcoin market.  I wonder if they are aware of the halving around the corner and if they were wise and smart, they could hold no matter the market pressure but we are not I their minds neither do we know what they are up to but I believe still at low now, it could pump back to a new atl at any moment as no one has the final autonomy of bitcoin price and movement.
1851  Other / Beginners & Help / Re: Where do I keep crypto after buying it? on: June 16, 2023, 02:25:21 PM
If I want to buy crypto, then I believe I have to go to a broker or an exchange (assuming I don't know someone who wants to sell me some). So I've got to pay them. Are they regulated enough that I can be confident that they won't just run off with my money once I've paid them? Can I pay be credit card? Then, once I have bought from the broker or exchange, do they transfer the crypto to a wallet that I control? Or do they keep the crypto in their own wallet as a custodian? If so, again, how can I trust them?

Also, is there an advantage to buying from a broker over buying on an exchange?

Thanks

Buying crypto from any broker you don't personally know is a risk too big to take when buy cryptocurrency. The best way to buy cryptocurrency is to buy on exchange and the safest place to keep your cryptocurrencies is your personal wallet which you're sure its security has not been compromised.
Certainly not all brokers are same. If a broker was recommended for you by a reputable member then I would say there should be an iota of truce in the system because you know the people involved based on recommendations but as you have said, nobody is an island that would get dumb to the point of taking such risk going to a broker you met online or otherwise.

Possibly, if you can meet with them one on one them that would be good but you can only do that if you want to undermine your safety but you should always have it in the back of your mind that safety comes first as you do not know who you are going to deal with as you have not met with them before.

For storage or safety of your funds and assets, your self custodial wallet should be your end point to our own safety.
1852  Economy / Economics / Re: The cost of living is trying to kill the living on: June 16, 2023, 02:08:36 PM
This sounds funny though but in the real sense, it is the reality. According to your speculations,  the world is going through economic recession, the rate of inflation is getting out of hand and the economic meltdown is beginning to dawn on nation's and their nationals.
No work, no employment, no nothing to show for but you will have many things to think of but no way to fix them up because  of the  constriant. Wink.

How does the average human survive at this point in time when things are just this ways.

Truly, the cost of living is trying to kill the living
1853  Economy / Economics / Re: Nothing serious, just my own thought on the crypto crackdown. on: June 16, 2023, 01:46:03 PM
I think I buy your opinion of that of Americas action in addressing things as pertains to other nations and individuals but that does not mean that Other nation's and national can not do things freely.

As for Sam, it is unfortunate that investors lost funds entrusted to him to manage. From the looks, it is likely that he masterminded everything that has happened so as to make it look no one amongst the team is involved in the process but he forget that he is the sole custodian of the exchange as the founder and nothing could happen without his consent.

I believe that there is nothing hidden beneath the sun  and one day, everything would come to the limelight.
1854  Local / Nigeria (Naija) / Re: Government Can't Fund Universities Anymore ----- FG Declares on: June 16, 2023, 12:25:39 PM
The student loan was a good appraisal the government used to shield themselves if there be any retaliation from the students and asuu.

At first the federal government approved of the student loan because of this plans ahead. If the student union resist they will tell them to go get a loan as it is easy to access. They have succeeded in forcing the students to have alternative choice of paying their fees if they complain of that.
The second is an indirect attack on asuu. Since the federal government universities are majorly the assuu member, they are indirectly telling them go make your way for yourself we can not afford to put up with your bill anymore.
ASUU is gradually losing the battle against federal government with this new policy if we are to go by it.
1855  Economy / Exchanges / Re: Will there ever be any safe centralised exchange ? on: June 16, 2023, 12:11:34 PM
Snip...

KYC makes a hacker's life easier by putting all of your personal information in a single place. This makes centralized exchanges less safer to use than decentralized exchanges. Besides, KYC greatly defeats crypto's original purpose of eliminating the middleman. It's like going back to the era of traditional banking.

For crypto/Blockchain tech to achieve its full potential, KYC must be eliminated for good. Unfortunately, there's nothing we can do about it if we want governments to support crypto. No KYC, means a hostile environment for crypto/Blockchain tech from governments and banks alike. At least, we have many options to choose from. It's up to you to act responsibly by never putting large amounts of crypto in a centralized exchange. Who knows how far will the industry go? Just my opinion Smiley

There is no way a centralised exchange would operate without a government approval in their locality. KYC is what the government uses to keep track of exchange activities so they could know the flow of funds and assets. Although the essence of blockchain was for anonymity. One could remain anonymous while carrying out a transaction but the fear of  sponsoring terrorist, money laundering and lots more have made the government interface into the system making the centralised exchange the arm of government on blockchain to monitor financial flows onchain.
The connection between governments and blockchain technology is complicated and constantly changing despite the fact that centralised exchanges frequently need government approval and adopt KYC regulations. Although the fundamental goal of blockchain technology was initially anonymity growing worries about terrorism financing money laundering and other illegal activity led to government action. It is important to remember nevertheless that not all blockchain transactions need for governmental control. Users wanting anonymity and control over their financial transactions have alternatives in decentralised exchanges (DEXs) and cryptocurrencies with a privacy focused design. Governments are challenged to strike a balance between guaranteeing security and upholding the blockchain founding principles as technology develops. In the end the debate about the role of the government in the development of blockchain technology is still open and lively.

I really think it is a direct one because the government from onset wants to control the blockchain which has been their main aim or goal since it is not possible for them, they resolved in getting sway of the centralised exchange to do their bidding which they successful achieved and as well taking task and issuance of license to operate.
When they see they exchanges were bent on being adamant, the insist on KYC policies and it was near difficult for them to resist because they are within their jurisdiction and if they do otherwise, they are likely facing the risk of losing out so in that case they had no option than accepting the KYC policy for customer.
1856  Economy / Gambling discussion / Re: Trust dice on: June 16, 2023, 10:48:12 AM
Welcome to bitcointalk platform.
At first the content of your post talks about casino which makes this board the wrong place for it.  Below is a link to the casino discussion board which should definitely be the right place for such post OP. You can move this there.
https://bitcointalk.org/index.php?board=228.0

I would advise you take out time to go through the forum so as to know and get familiar with the threads and boards so as not to mix up things as you have just done.
You can also ask questions too to get things clear.

Here's the link to beginners and help board for your easy acquaintance.

https://bitcointalk.org/index.php?board=39.0

You are free to ask your questions there.
1857  Economy / Speculation / Re: This year is dumping ground for bitcoin on: June 16, 2023, 10:41:32 AM
I doubt if truly they could unveil Satoshi Nakamoto true identity not to talk of arresting him. You should  be aware that Satoshi has long built bitcoin void of his control and decisions. Bitcoin belongs to the people, the people have say over it and not the government.

As for the price decline, I see it as an opportunity to buy more and hold because it is the right time to do so and mind you the year is not over yet for your assumptions to be true. It is still remaining more six months to go so anything can happen. Do not be in a haste to conclude or make pronouncement on what you know nothing about.
1858  Other / Archival / Re: wechat Verification; buy and sell on: June 16, 2023, 10:29:41 AM
If you have telegram messenger you can verify your wechat account instantly using wechat verification bot. Simply search @WechatVerificationBot using telegram or go to https://t.me/wechatverificationbot

You can even buy a fully verified account there with wechat pay enabled

How can someone sell his or her verified account to somebody they have no knowledge about. Do you not think selling such an account verified with seller details would put such account owner at risk if the buyer plans buying and using it for nefarious act.
How sure are we that you putting up this post is genuine looking at your profile, you have nothing to loose of you make away with funds fr potential buyers here but I can assure you, members here are wise and smart to fall for this trap OP.

If truly you are genuine OP, I would advise you use the service of an escrow for payment so as to create room for transparency and when that is done I think it will boast a little confidence in your deal because nobody would want to risk his or her fund with a newbie with no activities and reputation here.
1859  Economy / Economics / Re: Why do people stay poor? on: June 16, 2023, 07:50:49 AM
I have always wanted to ask this question is it that there is no opportunity or they do not want to get rich
Mate please more to this I am confused here.
Actually happiness, Financial solvency depends on mind. If anyone want it properly i think today or tomorrow he will be solvent. So at first we have to positive our mind and then we have to work properly to eradicate poverty. But now a days people being confident less they do not think positive they are not ambitious. People don’t want to stay poor but they don’t know how to be a solvent or how will get financial freedom. So at first people need to gather knowledge. Because learned people never be poor.
So, this is the step that everyone should prioritize if they want to escape poverty. It's just that sometimes there are many factors that do not support a person to have more insight or knowledge. such as time constraints, limited costs for studying and so forth. But as you said that it all starts with mindset. if our mindset is always positive (optimistic) then every opportunity that comes even though it is a small opportunity then we will still make the most of it properly and optimally. because we already have the confidence to do it because we already have high optimism.
Work hard and make up wise decisions in life on which these would be the main steps that you would really be needing if you are really that tending to have some changes in your life. You wouldnt really know
until you would try because there are people who are really that afraid on taking up some risks and this is why they dont really make out some initial steps just because they do really scared of failure.
We know that failure are the stepping stones for us to learn up more and making us more better and on the time that we do encounter things then we could really easily make out some adjustments.
It is really just a matter of own perception and dealings personally whether you would really be tending yourself on getting away from poverty or being poor and it is really just that a common
approach and action if we do speak about changing up your fate and this would be entirely be depending on you.
That's the big point. i.e. never give up before we try it. and never be afraid to face failure because sometimes a failure makes us learn more and can correct mistakes. So that we have a more careful and confident step in the next trial. Keep trying and never give up to keep innovating. because most successful people right now they must have failed at the beginning of their career or the beginning of their trial. but they did not give up until they finally succeeded.

Sometimes you try and fail and you're afraid to try again. It's really hard to deal with a situation like this. We are always optimistic, but what if we lose what we have when we try. I hope no one encounters such a situation.

Nobody wants to be poor. Not every effort gets better in the end. I think the most important factor here is the mental state of the person. In any case, it is necessary to strive to save yourself and not give up.

Truly most people are afraid of trying for the fear of failing but the truth remains that how do you learn when you do not try, how do you get the experience when you do not encounter challenges. Like they say experience is a teacher and it is only when you have gotten the experience that is when you can be able to say more about it as the case maybe.

With respect to being mentality fit, your thoughts are right because one needs to be in a good mental state of mind before one can be able to do anything. That is why you see some organization conduct series of test and other activities and exercise to see the mental state of mind or wellbeing of their staff or employee before they embark upon anything or employment. So one needs to be in the right state of mind if one must be able to scale through any situation situation they find themselves in.
1860  Local / Nigeria (Naija) / Re: President Tinubu Signs Student Loan Bill Into . on: June 15, 2023, 11:45:48 PM
Omo I read this news begin laugh. So tey assu don put mouth for the matter say student go run from school if government continue with the loan say make government no try am. Me too come dey ask myself questions. Government no fit guarantee job employment for the society and e be say every year university dey graduate thousands of students wey no get  job for the society so tell me how them want to take meet up na?.
Just as the previous poster says students will be ready to serve the jail terms come out and continue their life after all there is no job employment so how would they cope in paying back the students loan.
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