Now is not late to start investment in bitcoin, you just need to have an accurate knowledge of it. These knowledge will help to guide you in your decisions about putting your money into bitcoin. Example is that bitcoin is volatile, meaning that it's price fluctuates, so there's no 100% guarantee that the price will continue to rise to your expectations in the future. Although there's high probability that it's price will always increase, that is why you've been told to invest money that you can afford to loose, so you don't start to panic when you start to experience price dump.

Investment is a secondary need, so you have to first consider your income or allowance to carter for these basic needs first, like food, shelter and transportation before thinking of investment. Because it'll be a bad investment plan when you barely have enough to carter for these needs and you're talking of investing a part of it. The aftermath will be not meeting up with the payments, which will eventually make you to resort to borrowing and being a debtor. But if you can carter for these basic needs and still have money left, then investment in bitcoin is a good plan.

Rank: Member
Amount of merit: 85
Profile link: https://bitcointalk.org/index.php?action=profile;u=3549895

Scam and p2p de synonymous, weda na direct or through exchanges, because if one party send and di oda one no reciprocate by sending back, di one wey first send don enter one chance. People suppose de more careful for p2p inside exchanges because you no even know di identity of di oda person wey you de do transaction with , if you go release your coin without confirming payment inside your bank account and e come be say na scammer you de deal with , you de on your own because di exchange no go refund you your money back. So dis advice dem wey you give make sense very well, and na wetin anybody wey wan do p2p transaction for exchange suppose carry for mind. Evendo say exchanges de provide conducive platform for bitcoin p2p transactions, dat one no means say di parties involved go just trust each oda, sake of say di exchange de reputable.

I don't think that gambling is hereditary, it's something that we learn from the society. I think  that what we're born with is argument, humans will go to any length to prove that their right and can even make a bet to proof the authenticity of their arguments. It's different from gambling that means to make bets with the aim of making monetary gains, whether for fun or as means of livelihood.

In my country today, you'll see a lot of lotto and sports betting shops, which was not so in the past. But due to the economic hardship in the country, the old and young  started to look for shortcuts to riches, and they see gambling as the route. Originally ninety percent of them wouldn't consider gambling as a hubby talk less of engaging in it as a source of income. So you wouldn't consider most of them as born gamblers, it's circumstances that drove them into it. Again the bet adverts that is very common on TV and social media, giving the impression that gambling is an easy way to success, they're the factors that are responsible for making gambling inbuilt in our society today, not that it's in us from birth. My opinion.

This thread is a very helpful tool for members like me who are yet to get into any signature campaigns, because it's enlightenments about factors to consider before applying for a campaign that'll be suitable for the member is very important. Before now I didn't know that we have questionable campaigns in the forum, I'd always had the impression that every signature campaigns here are reputable and have integrity. Thanks to this thread, I know better now and won't fall victim when i want to join one.  It serves as a guide for members to know the boards where they're most active before choosing a campaign to join.

Like you pointed out in number 2, it's important to join a campaign that you agree with their business ideology, not just for their payout. Or at least try and learn more about them  before joining, so there'll be a synergy between you and their kind of business. Personally I'm not into gambling, but sometimes going into the gambling boards and reading comments have made me to understand about it, now I can join in interesting discussions there. So I can now safely apply in a campaign that requires post counts in gambling, not because of their payouts but because I'm now comfortable posting in that section.

Yes I've gone through the link that you shared, and it's very enlightening, thanks. Although this is the first time that I'll hear about this Machankura, the services that it provides is a great innovation that can impact not just African, but the whole continents of the world. If for any reason the internet shuts down and people can't have access to their bitcoin wallets, there should be services like Machankura, to work in the absence of the internet. This is the base of my thoughts that if something where to happen that'll make the internet that we're so dependent on to permanently or temporarily shut down, that what are the alternatives to continue using the services that it provides. These are just thoughts and nothing more, because I believe that the internet technology should have enough backups to reactivate itself in cases of shutdowns.

Just gave you 2 merits now in one of your post in Nigerian, local board. Hoping you'll reach member rank soon, and start to aim higher.



Also another two merits to Amphenomenon, keep it up.

Just like you I'm hearing about this flag football for the very first time, and I'm wondering how it's being played. This inclusions are very good, they'll really help to bring to limelight some sports that are not popular. Although I'm quit surprised that sports like baseball and cricket were not in the Olympics, because they have strong leagues and are popular sports. I believe that there many interesting sports out there that are yet to be recognized in the Olympics, hopefully as the organizers of such sports keeps pushing for them to be recognized sports, the Olympics can capture and add them to give more options to the viewers. The Olympics is the biggest sports event in the world today and the organizers need to add every interesting sports to be a part of it.

Truly di terminologies and technicalities wey de
 inside bitcoin no be small thing, person need to de enlightened to de understand am. If e go de possible for our schools to get am as a course, where students go de learn bitcoin and blockchain related courses, e go really make sense. But di way wey our government never send cryptp matter, dat one na im go be di stumbling block to achieve di aim. But di private schools and institutions fit to take di initiative and start to teach about cryptosystem, but e be like say dem too never de ready de teach am. Without waiting for di government and schools, individuals fit to de organize bitcoin seminers, de lecture am for different social medias.

Aldo without di four corners of a classroom, person wey get interest still fit to learn about cryptocurrency, example na dis our forum, before I join dis forum, I no know anything about cryptocurrency, na here I learn most of di things wey I don sabi and i still de learn. Anoda place na di internet, Google go answer any question wey you ask about crypto matter, still direct you go more links to enlighten you more.

I think that it comes down to a gambler's decision and discipline, to be able to decide if he wants to cash out after a big win or continue playing. Without these two things the gambler will likely don't have control over his winnings, because he wouldn't even know when to stop, until probably when he realises that he has lost all his money. So it is better for every gambler to have a game plan to decide when to stop or continue.

Personally I'll cash out after a big win because if I take into account of the percentage of people that went on to increase their winnings immediately after a big win and those that lost everything immediately after their big win, the loses accounts for over ninety percent. So with that calculation, I know that the odds are against those that will continue to gambling after a big win. It is better to take a break or just stake the initial capital back.

We live in a world where the probability of anything happening is possible, i believe that in the 50s the thoughts of the internet were just fantasies, and fantasies can became realities as is the case today. Even the thoughts of bitcoin, a decentralized digital currency that is not owned by any country, and is globally accepted would sound fictional in the 80s, meaning that we live in a world of possibilities where anything can happen. Inasmuch as i don't wish catastrophe on this earth and I hope that the internet does not shut down permanently, i still can't help but think about the possibilities and the impact it'll create because of our dependence on it. The good news is that the chances of such happening is next to impossible and information stored in hardwares can not be erased.

My take be say we naija people sabi adapt, even if we no like wetin government bring, gradually we go just accept am and move on. So if our government encourage di use of bitcoin, whereby our public sector begin to de accept am as an alternative means of payment, banks begin de do di exchange, before you know every big and small businesses go follow de accept am. Di start fit to de slow but eventually wey oda small businesses begin join di government to collect am, di remaining business people no go wan carry last, dem join di trend.

Unto say bitcoin na currency wey fit to de appreciate for your hand, dat one na investment wey join di business wey person de do, because las las na to make profit be di koko of business people. You go come surprise say android phones go become pure water, everybody go get am, both buyers and sellers to take run P2P and close transactions.

My countdown to full member rank
Number of merit(s) left: 25 18 0


Thanks Fivestar4everMPV, for your merit support, so that I can be eligible to apply.

I think that the word addict implies when a job or hubby controls a  person, when the person persists in doing the same thing even when they're having loses and they don't know how to stop. It is different from being a professional who is in control and knows when to take a break or quit. So inasmuch as the gambler is a professional who knows when to take a break, stop and know when is the right time to come back and continue, tha gambler can not be classified as an addict. If a gambler who is successful in winnings and is also in charge of his emotions, that gambler is a  professional, not an addict.

With only a merit less to meet the rule, I know I can still comment here without breaking it. But I will wait till I get the requirement before making my application openly.

Electricity is a major factor that powers the internet because without it there'll be no power to open and operate the internet. There are many alternatives to generate electricity, if one source is affected there are other sources to rely on, there are even electric generator machines and solar inverters for homes. But i don't think that there's any alternative for the internet in the case of a worldwide shutdown, although the thoughts have been proven to be near impossible in this thread.

I love bitcoin, so i sometimes wonder if there's anything that can affect or stop it's usage, the only thing i see is the internet. So if internet can not be shutdown, then there's nothing stopping bitcoin as a digital decentralized currency.

Your answers and links coupled with most of the posts on this topic so far are very comforting, because it shows the faith that the internet can not be shut down indefinitely in every part of the world. However one can't help but sometimes imagine the possibilities of the internet crashing without  a solution, because of our dependant on it in this computerized age. There's hardly anything that you want to do in this present age that doesn't require going through the internet. So despite my belief that anything manmade can damage or be compromised, i still have a deeper believe that the internet can be an exception.

Some few days back when the forum went down for some hours, some thoughts that I used to have suddenly resurfaced in my mind. What if the internet crashes permanently!  If for any reasons whether natural or manmade the internet suddenly stops working,, what will happen in the world. Unimaginable pandemonium is what will happen, because almost everything is connected to the internet, in fact the world today is so dependant on the internet to transact and communicate almost everything. Be it in finance, telecom, marketing and in every areas of technological advancements, all depends on the internet. It'll seem as if we've suddenly gone back to the stone age, if these where to happen.

I'll focus on finance, so I'm thinking what will happen to the bitcoin inside wallets, what will happen to every fiat currency in bank accounts, if everything erases as a result of internet total breakdown? Who do we hold responsible? I know that the internet technology is manmade, therefore it can not be hundred percent immune to faults and external attacks. And what if there is that less than one chance of it being faulty or compromised, what if that less than one  chance happens,? what will be the fate of the world that mainly depends on it to get things done? I'm no tech guru or a prophet of doom, but this are my thoughts and fears on the matter, although I sincerely hope that I'm very wrong on these thoughts.

I'd love to be enlightened better on why it can be impossible that the internet can never be permanently shutdown, having in mind the shortcomings that I've mentioned?

I think that addiction in any thing is bad, it simply means that you're not in control. The person becomes a sort of slave to the desire. So self control is important in everything that we engage in this life. Likewise addiction in gambling is not good, the gambler needs to know when it's time to stop to take a break or simply to quit. If not the urge will degenerate to a point where the gambler might be emersed in Dept. This is because the probability of loosing in gambling is more than in winning.

And for a person who is on a loosing streak to continue gambling with the hope of getting a big win to cover the loses is not advisable, because one strong factor in gambling is luck, which is not a guarantee for winning.

You make valid point there, because if we get child board wey we fit de create oda topics and discussions wey no de related to bitcoin, e go help solve dis matter. I remember when I first join di forum, na off topic and beginners and end I de go post, because dat time I no get any experience about bitcoin related matters, na gradually I come de learn and eventually enter bitcoin discussion matters. So some of our newbies wey wan start topic but dem no sabi anything wey concern bitcoin, na dis off topics dem go take start to de create topics. Eventually dem go de follow crypto matters wey experienced members de discuss, and gain experience for bitcoin discussions.

I surprise say inside all di plenty local boards na only three including Nigeria, wey no get child board. Naija, board de de very active, so I no understand why we never get sub boards. I hope say make we get di child boards soon, so di local board go de more organized, and we go de put posts for where dem suppose to belong.