Bitcoin Forum
October 31, 2024, 11:54:47 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 »
21  Other / Beginners & Help / Re: Every Bitcoin holder Should Take a Cybersecurity course on: April 01, 2024, 09:39:16 AM

   This an important and necessary aspect of our Bitcoin journey. As an holder getting yourself equipped with Cyber security knowledge will help you identify scammers,their sites and the thrick they play in dupping investors online, how they operate
22  Other / Beginners & Help / Re: Is age a limitation in Bitcoin on: April 01, 2024, 08:52:42 AM

   Age is not a limitation,but to some extent,i think it might be .

   In terms of reading, there is no age limit,but investing,it is only some one from the age of 18 years can do that because that is the legal age,why am i saying from 18years, the person is matured and will be able to understand more, better  and having a higher understanding of Bitcoin and investment, knows and follow the do's and don't of the forum.

   Someone under the age of 18 is still not matured enough interlectually ,i.e not matured,the person can be reading and getting himself prepared for the right time
23  Local / Politics and society (Naija) / Re: What makes cost of living still high in Nigeria when dollars loose value. on: March 29, 2024, 08:50:25 PM
      Until their old goods in the stores are exhausted,the prices of goods will remain the way it is now and our local markets still remain the same,it is the value of imported goods that is equal to our local goods because what value of money they have is what they will use to purchase whatever they need .

   Deflation of goods is a gradual process,let's pray the naira continues to increase and it affects the production of commodities in other for the country to be stable and better,so that citizens will have a better life to live.
24  Local / Nigeria (Naija) / Re: Health issues associated with the use of computer on: March 29, 2024, 10:51:31 AM

      In addition to the above mentioned computer related health issues ,users has suffered alot of illnesses and injuries, if the person does not take proper medication on time at the early stage, it might lead to a more long-term problems which include include, chronic pain and myofacial pain syndromes, repetitive strain injury , psychology disturbance such as not having a proper sleep, also anxiety and depression .
25  Bitcoin / Bitcoin Discussion / Re: Monitoring sequence of btc transactions on: March 29, 2024, 02:26:51 AM

   An input sequence or nSequence in Bitcoin has to do with a field of a Bitcoin transaction input , which was initially wanting to make payment channels almost the same as the Lightening network .

   As soon as a miner solves a cryptographic(mathematics) puzzle,a transaction is said to be verified , which the Bitcoin make use of a protocol known as the proof -of-work, which has a wide aim to prevent  Cyber attack from any one entity or group . Bitcoin uses the Secures Hash Algorithm 256 bit (SHA- 256).
26  Bitcoin / Bitcoin Discussion / Re: Upon the death of a bitcoin user. on: March 29, 2024, 01:58:03 AM

   There is no how, you must have one or two trusted persons that is secretive which you can rely on for your Bitcoin WILL people you know can never disappoint you,but stand firm by you and your family when you are no more.
27  Bitcoin / Bitcoin Discussion / Re: What is the best way to store your seed phrase? on: March 29, 2024, 01:45:46 AM

    The most common way of storing your Seedphrase; Seedphrase are being documented and kept in several safe places, in other for proper storage for future purposes offline , no matter how you store your Seed phrase,it should be kept away from thieves and others and it should be laminated but there are other ways also such as engraving or stamping on metal, chiselling into a stone tablet or inventing and creating . Also in storing you have to use Keystone Tablet plus, phones Coinplate Alpha, Crypto steel Cassette,USB or hard drive, e.t.c.

   In other for you to protect your seed phrase in crypto ,you have to highly back it up by permanently writing the words to things that cannot be destroyed like stainless steel or metal plate.
28  Local / Nigeria (Naija) / Re: Exchanges Website Nor Dey Open Again? on: March 28, 2024, 02:00:52 AM

   This white monkeys,them dey always tin say dem smart ,if na for dem country dis kind of tin wey Binance do and e involve Nigeria dem for silent us,if we come get chance escape like dem ,dem go find us come our country to serve our punishment,as e b say our country people no know themselves, dis is highest fraud dem look dem just go like that because dem sef dey fraud citizens,after dem go dey arrest legit Yahoo boyz, anyway na we no know wetin dey happen inside,i believe say those people sef go don threatening the government sey dem go release dem secret,na him make dem release them tru backyard, anyway God must surely make way for his children.
29  Other / Beginners & Help / Re: why are mining fees not refunded on: March 27, 2024, 07:18:53 PM

      Mining fees are not refunded because when you are cancelling your transaction you must have a higher fees to make sure that your it will be added in the next block.

   Immediately you send your transaction,It has validated your Bitcoin withdrawal on the block chain,and so when you cancel it, that process can't be reversed on the Blockchain, remember Blockchain can't be altered .

    For example,when making transaction in your traditional banking and you are transferring from one bank to another and due to network, your transaction got hand , remember that your transaction fee has been added,when it is being reversed,it doesn't come back with the fee.
30  Other / Beginners & Help / Re: Convert BTC to ETH on: March 26, 2024, 09:37:00 PM
  In other for you to convert Bitcoin to eth,you have to open a trust wallet and select the swap button
*. Select the crypto exchange pair
Under the "You Send" section, select bitcoin and enter the amount you will like to exchange.
Next, select ethereum in the "You Get" section and click the exchange button.

*. Enter the recipient's address
Add the wallet address for the recipient. Make sure the wallet of the recipient supports selected cryptocurrency.
Send and receive cryptocurrencies

*. Send cryptocurrency to the address. Once transaction is confirmed and the exchange processed you will receive cryptocurrency to the recepient address.

31  Local / Politics and society (Naija) / Re: Impact of religion in Nigeria development on: March 26, 2024, 03:44:05 PM

   Religion  improve self esteem and control and empathy ,reduce out-of-wedluck births ,crime, drug and alcohol addiction , health problems e.t.c

   Religion has given various functions in our society such as giving a meaningful life, strengthen social unity and stability ,being a tool of social control and behavior , motivating people to work for positive social change , physical and mentally well-being .

   Religion has built a concrete structure of formal education in Nigeria, which the country has not depart from,but as we can see today in Nigeria, religion has taken a different dimension,not the way it use to be where there is love and unity instead has become a tool of hatred and wickedness among same religion people mainly the Christians.
32  Local / Nigeria (Naija) / Re: Be very careful of third party account on: March 26, 2024, 12:06:33 PM
   Involving a third party in any transaction,posses a high risk of fraud because the transaction is as the same as cash payment , Incase of any fault or mistake,the money can come back to you  because there is no third party,like banks or any financial institutions. When you are involve a third party,your accounts are open to attack to freezing and refund request, when third party is involved,you might not receive crypto or cash needed.

   Transaction made from someone else's account or third party, does not support the P2P policies ,also one needs to be careful of scammers
33  Local / Politics and society (Naija) / Re: The root of insecurity in Nigeria on: March 25, 2024, 10:08:28 PM

   The rate of crime is too high in Nigeria which has lead to , unemployment and poverty . Bad leadership, no trust ,pride and greed cultism, oil theft , injustice,ritual killings and kidnapping,hatred and tribal strife are the source of insecurity in our country .
34  Local / Nigeria (Naija) / Re: Government demanding from Binance the lists of its Nigerian users on: March 25, 2024, 09:47:28 PM

   Ah ah ah ah can we see the kind of country we are , corruption has finished Nigeria, how can they tell us ,EFCC oh that they are unable to watch over their criminals,are you seeing it, they have secretly collected bribe and show the man how to escape back to his country.

   Me i know say wetin Nigeria government dey do na igg, but dem forget say the whole world dey touch light dem , person wey  dey inside your house dey run very bad,instead dem for just jejely tell Binance make dem pay dem tax and bill dem money wey dem go pay for violating the law, as the mata don cast dem go dey form protocols, sey dey need names of people wey don use Binance,i know say at last e no go get head . The tin wey pain me pass now be sey we don disgrace ourself for the world, because d world dey look how we wan handle the mata.
   
   Another tin be sey we christians make we wise up and love ourselves,see how our Presido onto dey na Muslim take style release Nadeem say him dey do fasting ,so dem free am small na so him take escape,sey him don reach him country,but if na Christians he must suffer and face the consequences,and i wan believe sey him partner no be Muslim, so make we wise up Christians,small time the mata go die down without them achieving any tin government don take bribe,na him make the country dey as him dey we can't do anything right.

    Anyway it is for our own good Rejoice our fasting and prayer no be for fun for dis period wey Easter dey come
35  Bitcoin / Bitcoin Discussion / Re: "Global wealth preservation" on: March 25, 2024, 08:45:35 PM

    Everyone knows the strength and value of Gold from inception, but Bitcoin coming out all of a sudden with its scarcity , immutability , durability and store of value within a short period of time compared to Gold, makes the world says ,Bitcoin is also referred to as digital gold.

   A store of value, is an asset which keeps it's purchasing strength over time, instead of reducing in value.

   Bitcoin is becoming an important force in the economy ,since it has met the requirements of a store value , better than any other form of money ,and Bitcoin is limited in supply than Gold and other, but has appreciated on value against Gold since inception .
36  Bitcoin / Bitcoin Discussion / Re: How safe is saving screenshots of useful information and BTC transactions? on: March 25, 2024, 11:35:15 AM

   It is not safe at all keeping screenshot transactions on your phone or even text messages because anyone can be in possession of your phone at any time,one needs to be careful in these life because nobody is to be trusted .

   Bitcoin informations needs to be kept away from the public in other for you to secure your assets.
37  Bitcoin / Bitcoin Discussion / Re: Dangerous insights on bitcoin Investor on: March 24, 2024, 03:49:05 PM

In this situation,i think the boy is to be blame,he should have explained to his parents initially before making his money and along the way of investment keep explaining to them before he starts cashing out,even if they're illiterates they will still understand,in that way, his parents will not be shocked and call the police,no matter how notorious you are at least one of your parent would know when you are saying the truth,and will convince the other mainly the mother that you are on the right track.

   The parents are scared of what the society will say and do to them ,if it happens that their son is involved in illegal activities.   
38  Other / Beginners & Help / Re: Don't Fall Victim on: March 23, 2024, 10:55:26 PM


   One of the many reason why people fall victim to scammers is fear, in crypto is FOMO that is ,the fear of missing out on potential points which makes investors to make impulsive decision .

    Promising large profit ,one need to stay vigilant  in other for you not to be scammed such as verifying the source of information, secure your wallet and exchanges, educating yourselves and being aware of the various type of scams available.
39  Economy / Economics / Re: Fix the money, Fix the world. on: March 23, 2024, 06:34:35 AM


   In the bit of equality among the rich, average and the poor people needs to standup for themselves not trusting and relying on the government before survival, with these present global economy crises, investment decisions does not need to be manipulated or changing and setting the interest rate. Having a fixed money supply without manipulating the interest rate.

The political system has to make  reliable and effective decisions .
40  Local / Nigeria (Naija) / Re: Why people dey fear to invest in Bitcoin and crypto? on: March 23, 2024, 06:12:20 AM

   Na wetin dem dom pass tru na him dey cause am,MMM and Baraza don make people no fit trust investment like dis again ,aside from that,some small small investment wey dem dey do too no dey favour,even person wey you trust dey scam you,and he go feel like say nothing dey happen,so people don taya for everything,e pay dem say make dem dey manage the small wey dem get Dan  for person to scam dem some people go even go borrow on top say make dem life improve,but scammers dey one corner dey wait for your money very painful.
Pages: « 1 [2] 3 4 5 6 7 8 9 10 11 12 13 14 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!