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June 29, 2024, 03:51:48 AM *
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201  Alternate cryptocurrencies / Altcoin Discussion / Re: DOG- A memecoin on Bitcoin Blockchain on: May 29, 2024, 09:55:38 PM
This is the type of token that can go absolutely wild during the bull run due to people shilling on social media & hype, mania being rammed down your throat from all angles. Do I believe it will be here, with huge adoption & great utility in 10 years, no…….That doesn’t mean that it can’t pump hard though & make you a lot of money.
I am e not heard this memecoin token before. And I will not interested to invest in it. I don't even like any coin using or sharing bitcoin Blockchain with it. If they called themselves then they should have their own Blockchain to make their transaction. This tokens can go  wild if the population is large and I don't think so unless people can invest in it because it is in bitcoin Blockchain. Their shilling in social media so to gather crowds to make others to believe that the coin is legit while the opposite it is.
202  Alternate cryptocurrencies / Altcoin Discussion / Re: Please help to find my stolen funds on: May 29, 2024, 09:48:25 PM
Op in the cryptocurrency world you can only trace the location (recipient) of the stolen funds but you can't know the person who did it. But if it is within centralized exchanges then you can contact the customer service to freeze the coin of the compromiser end. But if it is On-Chain then you coins are list forever. And even you provide the addresses of the transaction nobody can solve the problem but you alone. Because you are the owner of the coins and the app. So you are to chat groups f live chat on the app to solve the problem.
203  Alternate cryptocurrencies / Speculation (Altcoins) / Re: New meme coin on BSC on: May 29, 2024, 09:37:21 PM
Ahh this is just a lure, by saying building an oragnic community, I find it hard to believe in meme coins with more subtle intentions, so this is just a form of promotion, that's what we think.

I don't need to look further because indeed this is a meme that is full of risks this is only taking advantage by a handful of people because recently I saw a meme fall 99% due to the fault of its own team.
I don't know if that was the plan or if it was exploited by hackers.
I also think so. The project doesn't look good yet. The developers should change the colors because it is too sharp. Must of this tokens are created to test the developers' knowledge so the growth and the development of the project is not always possible and they die along that road. And as ajiz138 said it is to lure people is not far from the truth. Good project will start from mining state, and in tht mining level community is created and from there it created a large community for itself. And not to start from another community to advertise itself.

This is the out look of the side.
204  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Take Profit in this Bullrun on: May 29, 2024, 09:17:42 PM
The risk is fully implemented in the trading but foe the investment it is very minimal. In the investment you buy the dip and hodle and when the price is okay for you to sell it then you sell and take your profit. But in the trading you have to be good trader to make profit. In the trading you don't have to be greedy and don't rush when you trading. In trading don't just enter the market and trade because your friends were making profit but learn well before join the trading train.

Not everyone trades make profit, many are there to lose and be wise so that you won't join the crew of losing to trading. As it is said, the risk is always found in the trading.
205  Local / Nigeria (Naija) / Re: Crypto farmers on: May 29, 2024, 06:20:42 PM
I say make I bring this one to our notice. Recently, Naija and other African countries don dey recognise as the world largest crypto farmers. So tay e affect many of our business men and women for society. With the way things dey go so no body for our country wan dull am again, about 70% of the youths don dey farm sites like tapswap, hamster combat, yes coin etc
Many people were not farming airdrops before and because of the NOTcoin outbreak make many Nigerians to farm on airdrop and di NOTcoin airdrop made people to cash out well so when hamster Combat and Tapswap came out people come dey mine steady and I been dey hear say dem no go do the prelaunch of Tapswap again tomorrow and I also believe am because the news no dey like di time when dem launched NOTcoin. And if really dis airdrop is launched den Nigerians go make am oh.
206  Local / Nigeria (Naija) / Re: If you can invest in btc then trust it and just hodl for future betterment on: May 29, 2024, 04:44:23 PM
Quote
Re: If you can invest in btc then trust it and just hodl for future betterment
I believe anyone who is going into bitcoin investment should at least accept the risk associated with bitcoin investment before he (they) signed up for it because there are lot of things involved while Venturing into bitcoin investment, which includes the total volatility cryptocurrency and one could lose his investment, that is why it's always advisable to hold those trusted coin such as bitcoin or any other well established altcoin.
Yes if anyone can't face the risk then the person should not invest in bitcoin because it will give the person heart attack. And if you investing in bitcoin it is better to plan foe a long term investment and not di short term but along di line if di person want to sell them and use di money to do something important no problem but it is better for the long term. And I will advise those who never understand bitcoin to invest in it unless dem don know what bitcoin and at least the basic knowledge is needed to start the investment. And he has to trust it and love it.
207  Local / Nigeria (Naija) / Re: Bitcoin and Technology(BaT) on: May 29, 2024, 03:15:26 PM
...cheap..
I am interested on that word. I don't think technology is cheap as you said, because foe you to acquired a good mobile phone to browse the internet is is not easy. And you will spend a lot and now that things are on the high side. Technology is not cheap. But what you said is nice. Technology has made things easy as ever. And the benefits of the innovation is very higher than the demerits. And in my own observation, children know more on NFT more than bitcoin because it look more of art work ND children like art activities.

According to a skit maker, school teach us abc while the street teach us BTC,  and I really like this statement. Bitcoin e don help people well well for side hustling and because of bitcoin the youth  no dey find government work again but hustle to the internet to look for money. And there are different ways one can make money from bitcoin and the technology. Student are using it to sponsor themselves in secondary schools and University. And other benefits. Bitcoin has given us a new dimensions of earning. And new wider knowledge as been given. The technology is rich with knowledge.
208  Local / Nigeria (Naija) / Re: Have you seen where Bitcoin is used to make donations in fundraising? on: May 29, 2024, 01:59:13 PM
Since when I start this cryptocurrency journey I never heard or see any fundsraising (donation) here or outside. And it happened in one of our brother who died years bank before I came so I don't know if it was bitcoin or in naira is in usdt. And I believed most people would donate with usdt. A senior man in dis place don gave me NGN20k as usdt before. So if it happens in this our forum which we know ourselves and there is celebrate to donate, we go donate for all the useful currencies in the world. Bitcoin those what like to donate with am. Usdt, and in naira. Personally I no like dollar because nai be out problem in the country.

In addition another thing wey go make people not to donate with bitcoin na because the transaction fee is high and there is now you go make transaction with bitcoin wey you no go pay for transaction fee but coins like usdt you no go pay transaction fee because if you dey send from exchange to exchange and that to be internal transaction. Then another one is naira, if you dey make transaction with local banks then there is no transaction fee and that is why people like to use others currencies for donations.
209  Local / Nigeria (Naija) / Re: How can we make the government know that Bitcoin is not a scam? on: May 29, 2024, 01:43:15 PM
But I was wondering why commerical banks and other banks were not told to stop registering new customers and start displaying the warning.

I was also surprised to see that it was only Fintech banks and not the commercial banks so when someone asked I told her that it was a planned work from the commercial banks. Because if only the Central Bank would issue such warning then it should be all the banks and not only Fintech banks.


Therefore in my own understanding commercial banks were the ones initiated this Fintech banks to stop news registration and stopped cryptocurrency transaction because people were not using their (commercial banks) again, so they were losing costumers and their income were getting low. So the best way foe them to do is to collaborate with the Central Bank and stop the Fintech banks on that. Because when those boys make transaction, the banks are getting good return from their levies or other transactions.
210  Local / Nigeria (Naija) / Re: What is the situation of Cryptocurrency in Nigeria? on: May 28, 2024, 10:22:09 PM
The situation on ground is not yet settled, Buhari banned cryptocurrency related transactions in the early 2021 (March) and unbanned it late(2023) when Tinubu government came in and at first things were going smoothly but at the first quarter of the year 2024 things became ban. And the federal government started witch hunting the Centralized Exchanges to be ban if they are not obey the country economic laws. And many were banned and Fintech banks were instructed to stop transaction with cryptocurrency. And I am suspecting that commercial banks are also parr of that move to stopped Fintech banks to stop cryptocurrency transaction because nobody uses commercial banks to do transaction because if their network delay pay and others.

According to OBJ the former president of Nigeria, said Tinubu has good economic policies but the problem is the implementation and that is the truth. If the implementation of these policies were good all these nonsense would happen. The solution to these problem in Nigeria is good implementation of the policies and not the eye service Ministers.  Now they are fighting to reduce dollar and make naira to appreciate but dollar is increasing everytime. And that means they have not done the wrong thing instead doing the wrong thing.
211  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Should I buy ALTs now or no? on: May 28, 2024, 09:59:51 PM
Yes, it's a crazy time to invest. Bitcoin dominance is falling, and we might see some activity with altcoins soon. There are many altcoins with a perfect track record and reputation that are relatively cheap to grab. I'm not recommending you to buy, but those who take advantage early will ultimately be the winners. Experts already claim that alt markets will explode in the coming weeks or months.
Bitcoin dominant is falling, how? Bitcoin is still leading the cryptocurrency and before f your want to tell someone to invest in the altcoins don't tell the person that bitcoin is falling aso he should invest in altcoins because altcoins is going to dominate the ecosystem and that should be a wrong orientation. Even till now altcoins are still following bitcoin to rise and fall. Ethereum has only make a little move and other s but bitcoin has make a tremendous increase in the few days.

Those experts prediction will fall you because I have not seen any good move from the altcoin side to enter into the bull run from next week or month.
212  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Any airdrop hunters here need some leads on: May 28, 2024, 09:54:29 PM
^  He said it a year ago, so obv he got it wrong as it was really just the start of the airdrop meta.  But if he had said it today, there's reason to think that he's gonna be right.  I mean after Layer Zero, zkSync, Linea and Scroll, what other projects are gonna give good airdrops?  There's Monad at the end of the year but most of the projects releasing next all look like they're gonna be handing out dust like the latest wave of airdrops after Wormhole.
You have just said my mind. If the op mine or invest in any airdrop now, he have gained from the project and because of the problem of the op as of that time, making many people to to be afraid of airdrop investment because as of that time, when you have struggled to secure some airdrops thinking thY they would list them I exchange so they can have small gain inside then at the end nothing come out so the investors would discouraged. And according to people pi network token is one of those token that is still floating in the cryptocurrency space.

But the current airdrops that I k ow that is moving forward to be listed soon are Tapswap and Hamster Kombat.
213  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BOME would double soon on: May 28, 2024, 09:43:52 PM
No doubt about the prediction which you have made and I guess it would be similar for most of the Altcoins during bull run since we have similar chart for other altcoins as well. But, still I would consider BOME post some basic investigations because you had predicted pepe in the past and it did turn out to be genuine call. Let's hope for the best as everyone's eager to earn more and more profit.
Everyone want to make profit or gain more in the cryptocurrency investment but many have disappointed us so that is why when the genuine once came up too we debunked them not to be legit but time prove it. BOME token is not too bad because we I compare the correct price of $0.01476 then few years to come, the price will boom in the market. And yes as you said even though the price is attractive, it is still good to make some investigation before investing in it so that you won't have that dishearten mindset.
214  Alternate cryptocurrencies / Speculation (Altcoins) / Re: BTC or altcoin on: May 28, 2024, 09:33:21 PM
Bitcoin remains the first in crypto investment, not with new altcoins that we cannot yet see the certainty of big profits. If an altcoin can make us profit, why should we choose Bitcoin, the market price is so fluctuating, it's very difficult to see an altcoin that promises real results. large capital in hand still choose bitcoin over altcoin in the current investment system.
Nobody is blindfolded to choose altcoins to bitcoin unless the person is newcomer to the ecosystem. And being the number one digital currency in the contemporary world, no any other altcoins will come and take over the position of it. Just like a comment I made few minutes ago that we should "forget bitcoin and invest in altcoins", the person who created that thread does not even k ow what is saying if not he would have said we should diversify our investment to memecoins and other altcoins and not to forget about bitcoin foe altcoins, that does not look nice.

The matter what I will not choose another or altcoins over bitcoin.
215  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [XMR] Monero - A secure, private, untraceable cryptocurrency on: May 28, 2024, 09:08:45 PM
Excuse me my ignorance. But I must ask this.

Are all transactions on Monero chain private? And if I would send XMR from one cex to another cex, would these two addresses be visible in the transaction hash?
If Monero network is a decentralized project then all it transactions must be private but if you are using centralized exchanges to make transaction with themselves then the privacy is no more because the CEX third party most see the transaction and can even freeze the coin if their is any suspicious movement of the coins. And I think the two addresses would be visible because and that is where people can track the location of the transaction.
216  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying more of the Dip on: May 28, 2024, 08:59:47 PM
The dip as most investors will say it's the right time to accumulate BTC.But regardless the dip investors can still accumulate with the DCA strategy instead of waiting for the dip.El Salvador has been taking advantage of the dip and the country has stand out to promote the use of Bitcoin which is challenging to those countries that are fighting against the use of Bitcoin.El Salvador accumulation of Bitcoin cannot be measured to an individual because El Salvador is country,the country might use all it takes to accumulate BTC,they might use the wealth of their nation or resources to accumulate more of the dip with the expectation of ROI.
The DCA method is very good for those who are working and having income daily, weekly and monthly. And if anyone is not having extra income then the DCA strategy is not good because you can't invest all you have at once ND wait for another time when you will have money again. But id you are having extra income then you can divide your income into two ND invest in it with a part and use the remaining part to survive in the period. When another day to invest the. You do the same thing.

Every good investors recognize the dip and invest in it and hodle it for the next bull market and the All Time High.
217  Alternate cryptocurrencies / Altcoin Discussion / Re: Forget Bitcoin - Memecoins Like Pepe, FLOKI and Bonk Are the Big Gainers Now on: May 28, 2024, 08:50:31 PM
Forget Bitcoin - Memecoins Like Pepe, FLOKI and Bonk Are the Big Gainers Now
Investing in cryptocurrency is a choice and not a mandatory business do you don't have to force people to leave their interest of investment follow your interest. I am not insulting anyone hear but if anyone who is a bitcoin investor leave bitcoin then invest in Pepe coin and the ones you mentioned then that person is blind because there is no way those coins make profit or gain more than bitcoin. Bitcoin is very good for short term investment and long term investment but there are memecoins thY are only good in short term investment.

I will not advise anyone to forget bitcoin for any other memecoins or altcoins.
218  Alternate cryptocurrencies / Altcoin Discussion / Re: How are your meme bags doing? on: May 28, 2024, 08:33:54 PM
I have not experienced.any memecoin  bull run or All Time High. Though it might have happened but I was not aware since I am not a user of memecoins. And the dogemob you mean will be listing very soon in bitget centralized exchange with $100,000 worth of token which is a nice one to start up. And from what you have said if the token have a community support then it will be good to invest. The dogemob token has been mentioned before but I didn't take it serious at that time. And we pray that it does well in the cryptocurrency market.
219  Other / Meta / Re: [CHARTS] Brief monthly overview of the local boards activity on: May 28, 2024, 08:18:14 PM
It seems that the performance of the Nigerian board has improved a lot, they now have a board and a local mod so things are moving in the right direction.
Yes and we also thank your support in the local board. The activeness of members in the local board is impressive. I think Thomas will not regret of caving out the local board in the forum because we are strongly supportive of the system and the propagate of bitcoin to the uttermost part in the continent at large and in the country in particular.

Though we still need one thing which is the merit source. And foe jow with the help of you, we have taken a good position in the merit sharing in both send and receive. On behalf of other Nigerians in the forum we thank you.
220  Alternate cryptocurrencies / Mining (Altcoins) / Tapswap Mining on: May 27, 2024, 10:40:37 PM
I don't k ow if this airdrop.or altcoin mining thread has been created. If it is let me know.
Tapswap is the lastest airdrop or memecoin or altcoins that is on the pipeline to be listed by centralized exchanges and everyone is tapping (mining) the coin because there is an announcement that on the 30th of this month the airdrop will be listed. But some people are saying that the project is not legit and this was what people were also saying in the time of Notcoin. Now Tapswap.

Do you have experienced in this project?
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