Thumbs up for spotting this out _act_ . Making Bitcoin investments is not a job or profession that someone takes as a full time job. Except you are of course a crypto trader which will require you to have certain level of skills experience and and ability to analyze the crypto market properly. Even if you invest in Bitcoin you should also have a job or a reliable source of income. The investment should be more like your 50/50 way of battling inflation.

Op your idea is actually can be a very misleading one especially to crypto newbies. In summary, the context of your post is suggesting that Bitcoin is some sort of money making scheme. If you put it into perspective those that are currently profiting from Bitcoin are Hodlers who Invested very long ago. Long term Hodlers are the ones who profit the highest from Bitcoin hodling and you can't hodl for long term without a source of income.

I make use of mycelium sometimes and I have noticed they usually have issues relating to connections some times just like Charles-Tim mentioned. They however recently made some updates to fix the bugs but I don't know if the problem still comes up .
Firstly make sure you are making use of the most recent version. Secondly make sure that you are connected to the network with a nice connection. Also make sure that your wallet is properly synced with the block chain. If you are having a hard time fixing the connection problems simply back up your seed phrase and uninstall the app the re download the latest version and import your seed . That should do.
Make sure you also have a strong internet connection and check if Tor bridge is turned on sometimes it prevents it from connecting though it is a safer network channel.

Op let me start by spotting out the fact that the graphical representation of supply in this post is wrong for that of the one you illustrated as the one you intended for Bitcoin. The reason is simple.
The supply of Bitcoin isn't actually increasing slightly like the graph is illustrating, however it is constant. Bitcoin has a constant supply cap of 21 million coins. The economic aspect behind it is the rate at which coins are circulating. The rate at which new Bitcoins are added from the supply to the circulation is cut in half after every halving event. This causes demand to rise thus causing the value of Bitcoin to increase.

The graph you used op should likely fit better for the demand of Bitcoin after every halving event but still for a proper analysis it isn't supposed to be a straight line graph or chart.

Here are two graphs for illustration


Bitcoins pumped into circulation is constant every 4 year but it's halved after every halving event.

Of course such proposal is actually a scam one. To start with, Bitcoin is not some sort of private or governmental organization or company that has some sort of customer care unit or customer service help desk that can help you retrieve lost wallets.
When I first went through this post the first idea of possible things they could do is a dust attack. Likewise, the victim in question may probably and unknowningly give out his wallet address to these scammers and easily they can monitor and track the user's transactions via a block chain explorer or the Mempool. If they are able to link it to an exchange account, then they can get more info about the victim to be able to attempt hacking probably via phishing.

This is a very good advice as sometimes in trying to play smart over the scammer, you may unintentionally give out information about yourself and coins that may seem harmless to you however is already a base information for the scammer to work on. So just like fat fork said , avoiding a conversation is best.

The previous replies before mine have already given you good information. In addition to what they have recommended, make sure you stick properly to the rules against plagiarism on this forum because I noticed that it's what a majority of newbies fail to do, therefore because they want to rank up they end up making use of AI to make posts or even copy articles and write ups from other sites without putting a reference when using such information to make post.
Read important topics especially if you are a crypto newbie and don't forget to also engaging in important discussions while trying to practice easy ones you can . These will help you gain experience over time.

Firstly op let me start by saying that the likelihood of that happening is near zero. Because technically if every single node should stop working then the bitcoin network would not be regarded as a network. To start with nodes are just computers that share and store data on the Blockchain. Nodes work together forming the Bitcoin network, Infact  the idea that all these nodes have a series of protocol that they all follow makes it impossible for errors like fake Bitcoins to be generated on the network.
Also let's not forget that miners infact run nodes because without them having connection to other nodes and the block chain in general they won't be able to add coins to the network by hashing and also confirm transactions by Linking and verifying the origin and POW of the coins being sent.

Hi cygan sorry for the late reply I have been trying to track the shipment but this is the message I have been receiving from my country's postal site.



Last time I was able to get info about the post, it was already in the state of my country where goods first arrive. I hope I get it soon thanks

Op are you sure you sent those bitcoins to the right address? And besides how sure are you that you imported the right seed phrase?
Sincerely op your problem is a little confusing.  The reason I am saying so is if your transaction was sent from an exchange ( if not a scam one), it should have been received within a maximum period of 24 hours. This is because a majority of exchanges have mining pools while smaller ones accelerate their transactions under big pools for faster confirmation.

On the other hand, if the fees were too low, (which an exchange will almost never do) it should have been dropped since except some nodes kept broadcasting it which is quite rare. Op if you have a TXID for that transaction , kindly verify it on a block chain explorer or the Mempool. If not confirm that that exchange is not a scam one and also make sure your wallet is synced with the block chain because that's only when it can update your balance.

Besides did you make use of a public key instead of a an address?

This is quite a nice question Op. Now my reason for saying so is quite simple. If you come to think of it, Bitcoin is a decentralized crypto currency and for decentralization to be effective , there should be no sort of primary center of control rather the control or rules should be made by a majority idea not a single unit. In the case of Bitcoin the users, developers,and miners are in full control over the entire Blockchain system except core protocols like the base code of Bitcoin.
Therefore in my opinion I believe more developers would be nice for the Blockchain since that would mean more people sharing the total collective power of decision making on the block chain.

This is one of the more reasons having more developers would be nice. Just like the 51% rule, it would be easier for developers to protect and monitor the block chain properly with a larger magnitude of collective efforts.

Bitcoin is a electronic peer to peer cash system with an added feature of decentralization. Of course making payments via Bitcoin is nice however here in Nigeria I advice people to act neutral when it comes to crypto transactions this is because if you observe closely you would notice that the government is pretty much against crypto.
Bitcoin is a fine alternative to the world banking system but the fact is it's not a replacement. The world is moving fast in terms of technological advancement and hence we are trailing in the digital era therefore digital banking system will be implemented more and more over time but the likelihood of Bitcoin replacing fiat is near zero . If you come to think of it, Bitcoin is even value and priced in dollar which in turn is also a fiat currency.

I have raised a similar post like this in the past however in my post I was emphasizing on the quality of the pidgin here in Naija board.  The main reason I made that post was because from my observations I noticed that reputable members who are not members of our local board were looking down on Naija board especially because of the quality of the pidgin we used here. The pidgin were more or less English that had little mods which isn't supposed to be so.

With this particular thread I hope Naija board members take pidgin seriously. Pidgin and English are both accepted here in Naija board however making use of pidgin makes posts kind of lovely and informal. The truth is as much as some of us here wants pidgin to be the main language here which would be nice, some posts are still better off as English. Some persons here may even have a hard time reading the pigin of certain users but the truth remains it will be difficult to make the whole board pidgin. This is because pigin doesn't really have a strict format unlike other languages like German, french..... And many others.

As a responsible gambler the thought of taking a loan to fund your staking during Gambling activities is something that should be off consideration. Gambling is not an investment that you can pump money into keep high hopes that profit will come. No matter how nice and fancy gambling odds can appear loans should be off limits. If you should even think about it properly, it is economically wrong to take debts for the purpose of fun.
And since gambling is a fun activity then you obviously as a responsible gambler shouldn't borrow to place bets. The earlier a gambler is able to understand these basic rules the better his gambling habits.

Time; 21'
BCGame ID: 29607849

Time: 10'

83 & 36
Blackjack username: Mia1

Firstly Op if I may ask , why are you trying to corrupt the drive? Probably it may exist, but I haven't really come across a drive corruption after the device have been successfully synced with the block chain. Majority of the cases I have come across especially on this forum are those where the drive got corrupt during the process of syncing with the block chain. Sometimes as a result of power outage and sometimes because the block chain was synced to a drive with the wrong format like FAT32 which sometimes has issues when the file load is huge.

RAM also has a huge role to play when it comes to computation during the syncronisation process which will attribute how long it will take before the sync is completed.

If you are referring to the case of something like trading of meme coins or stable coins I would say it depends on the persons level of experience and also ability to analyze. While meme coins are very volatile ,they are often accompanied with the problem of huge loss if the trader's analysis is wrong and also a huge profit if right. However stable coins on the other hand have a thinner risk margin so although the profits aren't as huge as that of meme coins, the risk level is far lower too.

Also when it comes to placing bets in online casinos a majority of them make use of Bitcoin and a few popular altcoins including a few stable coins like USDT. The reason why you classify meme coin trading as Gambling is because of the high risk usually involved more like staking a huge amount with high odds and thin chance of winning.

This is quite some facts here. Some newbie gamblers often get the idea of gambling wrong especially the common phrase of stake what you can afford to lose. This is the more reason why they are unable to stake responsibly and end up ruining their cash flow or bank roll. If you check closely, people that have the habit of wasteful staking usually take gambling as a form of investment or even worse depend on it as their regular source of income.

Just like you mentioned, successful gamblers are usually ready to lose the money they stake as sometimes even with the calculation and analysis of the game aced, there is still a possibility of losing the bet. Infact staking irresponsibly and losing bet consecutively is something that people first take note of to tag a gambler as an addict.

Firstly a gambler who finds himself in such a scenario was quite a lucky one but also greedy. Chasing gambling losses us something every responsible gambler tries as much as possible to avoid this is because not only does it end up ruin funds, it can also cause some sort of emotional stress in some gamblers. If you agree with me, there are certain persons out there that get soo fatigued and can even fall sick just because they ended up overthinking certain things. This is the main reason why as a gambler one is adviced to stake what one can afford to lose so that even if they lost the bet they won't be struck with such high and intense thinking.

Exactly what I was trying to say in my previous reply.
Instead of saying mods should start threads or topics with respect to their actions on a particular post like ( Nuking, moving or locking.) there should be a feed back message the mods should select during the process of taking their actions. Probably something like this post was nuked because of spam or this post was nuked by this mod because of suspected scam. So on and so forth.

So any one who is not satisfied with the action of the mod can be free to step up and create a reputation thread asking why his post was nuked or moved as the case may be. However from my experience on the forum, posts that are usually nuked are just too obviously off topic or scam.