Bitcoin Forum
July 10, 2024, 06:55:16 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 [99] 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 »
1961  Bitcoin / Bitcoin Discussion / Re: Advice to friend for financial improvement. on: October 23, 2023, 05:04:22 PM
I think that the main focus here is that it's best to forgo some of our secondary and luxury needs and invest the money that we can use to purchase these needs. When the investment starts to yield profit, then you can conveniently purchase the needs and your investment capital will most likely be yielding more profit. So as we're focusing on bitcoin as an investment option, i think that it is a good place to invest, because despite it's fluctuations of price pump and dump, where the investor will experience loses sometimes, it however has a high probability of being very profitable if you hold on a long term. Because perfect opportunities will always come by after waiting for bull runs and the investor can cash in on the profit to buy what  they've forgone to invest in bitcoin, whether it's iPhone or any other commodities.
1962  Economy / Gambling discussion / Re: A Lady Cried After Losing to Sports Bet. Gambling is Not Your Mate. on: October 23, 2023, 03:56:37 PM
Except the lady wants to trend with her crying about loosing money in gambling, if not, then it goes to show that she's an amateur gambler. A real gambler will not cry over a lose in gambling, because it's to be expected that it's either you win or lose. The casinos and bet companies wants you to loose as much as you want to win, and your win is a lose to them. They don't cry publicly when they pay out winnings, neither should the gambler cry out publicly when the casinos earn their money after they lose.

I also agree that gambling is not for the faint hearted, who get into depression after a lose, because it can affect their mental well being. It is for people who can withstand the pressure and heartbreak of loosing, who are able to move on after a lose. It is advisable that people should prepare their minds before gambling, to accept the outcome of it, whether win or lose.
1963  Local / Nigeria (Naija) / Re: Btc fit to replace USD as the currency to take make international payments on: October 23, 2023, 03:01:15 PM
Quote
Bureau de change: this system go totally phase out, because you no need to convert your money to dollars before you go fit to make international payments, na just to transfer bitcoin, directly from your wallet to your customers abroad.
This is already happening there are many online merchants that are accepting Bitcoin as a medium of exchange and it's growing rapidly. Yes the benefits of using Bitcoin outweigh that of USD but there are people who still they use USD and them dey enjoy am so this thing na all about individual preference I don't think Bitcoin would completely take over but Bitcoin go reach a stage where it being an option go become very rampant.

Na di idea be dat say make people get currency wey dem no go de worry about how dem wan take exchange an to anoda currency. Di decentralization of bitcoin, go gradually de eliminate di services of bureau de change, di coin no get any centralized identity, na to comot from one Wallet enter anoda wallet. Di only thing wey de hold bitcoin, be say di adoption never reach everywhere finish, if in di nearest future majority of people come get bitcoin wallets, no matter anywhere in di world wey you do business, na to by pass currency exchangers and make direct payments. At least by dat time people go fit to make choice weda dem wan use cryptocurrency or fiat currency to take make international payments.
1964  Economy / Reputation / Re: [v2][Self Moderated] In Merits, Count Down To Your Next Rank... on: October 22, 2023, 07:48:20 PM
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.

Thanks for this thread and to every member that made it possible for me to rank up to full member. I'm grateful.
1965  Local / Nigeria (Naija) / Btc fit to replace USD as the currency to take make international payments on: October 22, 2023, 12:49:29 PM
United states dollars, na im be di recognized and preferred currency to take make payments for international transactions. Anywhere for dis world na di currency dem de take de evalueate  dem local currency, example, inside Nigeria, na dollar we de take know di present value of naira. As Chinese economy take de strong reach, na dollars our importers de take make foreign exchange payments for dem instead of yen. Dollar na one country centralized fiat currency, and di whole world recognize am as di currency wey dem de take make payments for international transactions, so what about bitcoin wey de decentralized, and no country get autonomy over am. E de beta say dem suppose de use bitcoin wey de decentralized, for forex payments, instead of dollar wey de centralized. Bellow I go list some advantages wey i feel say bitcoin, get pass dollars for international payments matter.

1. Bureau de change: this system go totally phase out, because you no need to convert your money to dollars before you go fit to make international payments, na just to transfer bitcoin, directly from your wallet to your customers abroad.

2. Convenience: if you go for marina, for Lagos island, you go see as hundreds of people de queue, something's de fight for line because dem wan  buy dollar. Bitcoin go eliminate di stress of fighting to buy dollars.

3. Banks as intermediaries: no need for dat one again, na to just run direct bitcoin p2p or through exchanges.

4. Multipurpose: as you de use bitcoin to make international payments, even wen you travel go another country, you no need to exchange bitcoin to dem local fiat to take purchase commodities, na to de spend bitcoin de go.

5. No barrier: bitcoin no get any centralized authority wey de control am , unlike dollar wey be USA private property.

Aldo di disadvantages wey follow bitcoin be say people and countries never adopt am finish and im still de new, compared to dollars wey don stand the test of time. Me I de hopeful say one day  bitcoin adoption go reach every corner of di world and based on say im de decentralized, im go be di best option for foreign exchange international transaction payments. How una see am?
1966  Other / Beginners & Help / Re: Can they be listed here for easy access? on: October 21, 2023, 03:18:29 PM
All you need is the Beginners & Help Encyclopedia by Ratimov. This thread is usually updated every month and encompasses almost all the threads needed for a beginner to kick start his cryptocurrency journey, or to gain more knowledge.


Thanks for sharing this Ratimov thread, it's really an encyclopedia, and merits the name. Just a glance into it and I've seen a lot of interesting bitcoin related topics that are worth looking into, to gain more knowledge. Aside from this encyclopedia, another
fast and easy way for a newbie to Learn and increase knowledge of any bitcoin related issues, including halving and ATH is just to start a topic on the specific area where they need help. They'd be surprised at how fast more experienced members are willing to answer their question from different perspectives, and they will have enough knowledge and information to make their decisions. I'm talking from experience, because the only thing I knew about bitcoin before joining this forum was that the coin is traded like forex, nothing more.

This bitcointalk forum is like an interactive institution where you learn about bitcoin and other related topics for free, so a newbie only need to search and ask questions about any bitcoin information, and answers will be pouring in.
1967  Economy / Gambling discussion / Re: Can Gambling affect your relationship? on: October 21, 2023, 10:27:21 AM
You know what they say that success is everybody's friend but failure is a bastard, so if you're a gambler and you're making fortunes from gambling, at the same time making out quality time to be with loved ones, believe me you'll hardly have a problem with their relationship. Especially when you're responsible in meeting up with your financial obligations without making any excuses. I think that the reason why some gamblers might have issues in their relationship is mainly because they give excuses in their financial obligations, if there's nothing to show for all the efforts that they put in gambling.

Another reason why gambling can affect relationships is because it is associated with addiction and people who are addicted to gambling don't always heed to reasoning, they're main focus and happiness is on the gambling that they're addicted to. In the long run the habit can affect their relationship because of the priority put on gambling over relationship.
1968  Other / Beginners & Help / Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed on: October 20, 2023, 10:31:43 PM
Round 5

 1: https://bitcointalk.org/index.php?topic=5465866.msg62805611#msg62805611
Category: opinion
Section: Local board

2:  https://bitcointalk.org/index.php?topic=5467461.msg62879063#msg62879063
Category: Opinion
Section: Bitcoin discussion

3:  https://bitcointalk.org/index.php?topic=5467898.msg62896688#msg62896688
Category: opinion
Section: Economy

4:  https://bitcointalk.org/index.php?topic=5469396.msg62960313#msg62960313
Category: opinion
Section: Local board

5: https://bitcointalk.org/index.php?topic=5465506.msg62985119#msg62985119
Category: opinion
Section: Beginners and help
1969  Other / Beginners & Help / Re: What if the internet permanently shuts down on: October 20, 2023, 07:54:35 PM
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?
We would have considered what you just inquired about, the global internet shutting down if everyone on the planet uses the same network provider. In this instance, though, it would be impossible for us to begin making such assumptions because each nation has its own network providers that offer internet connectivity to its citizens.

The only place where the internet would ever shut down would be a nation at war. Whereby internet service providers to those nations at war opt to quit the nation because of the conflict

It's comforting to note that the permanent shutdown of the internet might not be possible because it's transmissions are not from a single source. Each country has their own network provider, therefore if one shuts down, it'll not affect the connections of other countries. Another innovation is that if a total shutdown of the internet were to happen, i don't think that it'll last long before it is repaired and restored back, because we have intelligent minds that'll go to work and make sure of the Restoration.

Although i don't like to use the word impossible in today's world, because technological advancements have proven things that were only imagined before now to be a reality today. So it's not fiction to imagine the possibilities of the internet to shutdown worldwide, factors like world war or phenomenon beyond our comprehension can occur to make these possible. But my firm believe is that so far stored information are not affected, repairs are possible and and the world will move on after any setback.
1970  Other / Archival / Re: [Merit] Help newbies and those who have a little left to the next rank on: October 20, 2023, 05:01:05 PM
Rank: Member
Amount of merit: 85
Profile link: https://bitcointalk.org/index.php?action=profile;u=3549895

Accepted  Smiley

Congratulations on your Full Member rank. Good Luck  Wink

I'm indeed very grateful to you for catapulting me to full member rank. Thanks and thanks again.
1971  Economy / Gambling discussion / Re: Tips on staying responsible. on: October 20, 2023, 04:52:50 PM
The watchword here is discipline, because if you have it then you're in control of your decisions. Without having a financial discipline, people tend to over indulge in the fun or habit of gambling, not knowing when to take a break or call it quit for that time. As far as they're winning they'll keep playing, they'll only realize how far they've gone when they've spent all their money, after many loses.

Just like they say in alcoholic beverages, drink responsibly, the same thing applies in gambling, so far you know when you've reached that limit to call it a day, then it's all good. So for gambling i agree with the submissions of some members on this topic that it's better to have a budget for gambling before you start, and I add to it that the individual should be disciplined enough not to exceed the gambling budget.
1972  Bitcoin / Bitcoin Discussion / Re: I am 19 years old boy living in South korea. Please give me an advice on: October 20, 2023, 02:37:51 PM
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.
1973  Other / Archival / Re: [Merit] Help newbies and those who have a little left to the next rank on: October 20, 2023, 07:30:12 AM
Rank: Member
Amount of merit: 85
Profile link: https://bitcointalk.org/index.php?action=profile;u=3549895
1974  Local / Nigeria (Naija) / Re: Some red flag to aviod in p2p transaction on: October 20, 2023, 07:13:34 AM
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.
1975  Economy / Gambling discussion / Re: I think gambling is inbuilt, kids don't learn it anywhere, they do it! on: October 19, 2023, 10:32:19 PM
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.
1976  Other / Beginners & Help / Re: [Guide] Factors to consider before joining paid signature campaigns. on: October 19, 2023, 08:31:00 PM
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.
1977  Other / Beginners & Help / Re: What if the internet permanently shuts down on: October 18, 2023, 01:19:51 PM
-snip-
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.

Kelward - have you read my previous post; I hope you've done it. Bitcoin transactions can be done without the internet - so don't ever think it can't be done without the internet. The only thing I think is - how can miners run their business without internet, it is definitely a big blow to the industry.


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.
1978  Economy / Reputation / Re: [v2][Self Moderated] In Merits, Count Down To Your Next Rank... on: October 18, 2023, 09:40:38 AM
My Countdown to ; Member Rank
Number of Merit(s) left: 8

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.


My Countdown to Full Member Rank
Number of Merit(s) left: 23 19

Also another two merits to Amphenomenon, keep it up.
1979  Economy / Gambling discussion / Re: Official Poster of Olympics 2028 Welcoming 5 New Sports (Including Cricket) on: October 18, 2023, 07:53:06 AM
I have no idea about flag football, but I am aware of the rest and they have been a sport for a very long time and I'm glad that they included it into Olympics. Cricket, Squash and Baseball were recently played at the Asian games as well and I'm sure that had some part to play to get into the olympic games as it gives some idea on how to manage those games and coordinate with concerning sports bodies in a big tournament.

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.
1980  Local / Nigeria (Naija) / Re: Bitcoin study. on: October 17, 2023, 07:19:33 PM
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.
Pages: « 1 ... 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 [99] 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!