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June 25, 2024, 09:11:08 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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221  Alternate cryptocurrencies / Altcoin Discussion / Re: Binance launches Notcoin (NOT) on launchpool. on: May 18, 2024, 08:04:53 AM
It did arrive back to my bot wallet instantly and then I got the the option to send it to my onchain wallet. I have done that but it took about 8 hours to get credited to my wallet. I am not going to send it anywhere and for now as I am going to wait for another Bitcoin price spike that should encourage nits price a bit more to what it is now.
Mine was sent to cex. Not sure why it took you 8hrs if semding on onchain wallet but took lile 5mins to credit on cex. Maybe too much congestion on ton network thats why its too long to process. Anyway goodluck and hope notcoin could reach some crazy valuation in the future. Many earned for free and definitely will do good when bull run hits.
Congratulations to everybody that participated in the notcoin, airdrop, they're all smiling to the exchanges, to grab their rewards, a well deserved achievements. I'm among the few that didn't perticipate in their mining, was occupied with other things, my friend who participated diligently, got enormous rewards. I think that notcoin, has a strong community, and anybody that has the funds can buy into it, hopefully the project will go far and continue to be profitable to it's investors,
222  Local / Nigeria (Naija) / Re: Is cryptocurrency legal or illegal in Nigeria. on: May 17, 2024, 07:47:06 PM
Cryptocurrency de legal for Nigeria, and as far as I de concerned, dem never talk for anywhere say e de banned, but how di matter say our government no ban cryptocurrency take help us wey de for inside. Na everytime our government de take crypto matter de front for them ineffective leadership, crypto don become scapegoat, wey dem de take front, like say Nigerian problems base on cryptocurrency.

First na say make Banks no facilitate crypto transactions, we overcome dat one, dem come talk say make Banks de facilitate am, how di facilitation help us, zero. Now na to come after naira p2p for reputable exchanges, how young Nigerians, wey de survive for crypto business wan survive. After dem go say our youths lazy and dem be scammers. Na only God, go always de make a way for us wey de into crypto things.
223  Alternate cryptocurrencies / Altcoin Discussion / Re: Have you been profiting from memecoins? on: May 17, 2024, 04:35:38 PM


Have you heard of Notcoin?
This is another coin that can be earned on telegram the faster you tap the faster you earn. I thought that this was a useless coin but right now it seems almost all major exchanges will list this coin and I'm sure only those who benefit are those who play the game first and use auto clicker at least you didn't buy it only needs your time and effort.
There's no guarantee in memecoins, you buy them and hope that you've picked the one that'll give you many times your investment fund,  because they're risky investment. I'll just make a pick, do the research that I can and get in as early as I can, make some profit and exit the project.

When I started hearing about notcoin, I didn't give it any attention, but yesterday when my friend who went ahead was bragging about how much he received in their airdrop, I really envied him, because i had the chance to get in too, but I didn't, this is because you never really know that coin/token that'll give you so much ROI.
224  Other / Beginners & Help / Re: Imagine owning a Bitcoin note. on: May 17, 2024, 10:43:51 AM
Bitcoin is not centralized electronic currency, it is a decentralized digital currency. Where did you see such wrong information that bitcoin is a centralized currency?

Bitcoin is possible in physical form like Casascius Bitcoin which contains the private key of an amount of bitcoin but government will not make such project to move forward.
Thanks for correcting the OP, Bitcoin is a decentralized digital currency, that is not owned by any country, and it doesn't have any central office, if it becomes a physical currency, then the purpose of it's creation, would be defeated. If Bitcoin becomes a physical currency or cash, then it must submit to a central bank that will regulate it's printing, meaning that it'll them become centralized and that privacy that comes with holding it will not be possible again. I think that Bitcoin is better off being a digital cash than a physical one, the only thing that we need is massive adoption, so we can carry out transactions anywhere in the world.
225  Bitcoin / Bitcoin Discussion / Re: Does the world know about Bitcoin? on: May 17, 2024, 09:24:48 AM
To me i think there are some part of the world that still don't know anything about Bitcoin, because there are people in USA, UK, Australia, Canada, China,etc. even in Nigeria there are people that don't know anything about Bitcoin, they always think that Bitcoin is a scam, but people that know about it are making thousand of Dollars,($) I think they don't know that we are in a digital world now.
Some people haven't heard about Bitcoin, some of the people that have heard about it doesn't know what it is, while some knows what it is but either they don't have interest in digital currency or they just don't care. Before I came to understand how Bitcoin works, I used to think that it's one of those Ponzi schemes, where people will be investing their money and they'll be getting returns on their investments, that one day when the developers have amersed enough wealth, they'll just shut down, I know that some people that have heard about Bitcoin, still holds this untrue notion. I believe that Bitcoin adoption is increasing gradually, and one-day, everybody in every corner of the world will own a crypto wallet, just like bank accounts.
226  Economy / Economics / Re: Buying Vs Renting a Home- Which is the right move? on: May 17, 2024, 08:55:03 AM
Logically I'll wonder how I can afford to build or buy a house, instead I'll go ahead to rent, it doesn't make financial sense to me, unless I'm in an area where I'll be staying for a short period of time, even at that, I can still move and sale the house or put it on rent. Real estate is one of the best investments that anybody can go into, it's physical asset that appreciates as time goes on, so if you have the money to buy or build, it doesn't matter whether you're going to live in it or not, just have the property and someone else will rent it and pay you money.
227  Alternate cryptocurrencies / Altcoin Discussion / Re: Swap crypto or sell first then buy? on: May 17, 2024, 06:56:59 AM
I have a few altcoins that are doing pretty well and want to take profits soon to then reinvest into other altcoins that haven’t pumped yet and I am wondering if it is best to swap directly or sell my altcoin that is doing well into fiat and then buy the new altcoin I want with the fiat?


Be clear between fiat currency and stable coin. In cryptocurrency, it is more convenient if you swap your altcoins to stable coin, and swap stable coin to other altcoins. Selling to fiat currency is less convenient and maybe can relate to tax too.
In cryptocurrency it's much better to swap your altcoins to stablecoins, and when you want to buy another altcoin, you'll just swap back to buy the one that you've chosen, it's more convenient that wey instead of going through the process of converting it to fiat, and then using it to buy the altcoin again. Another advantage of holding stablecoins is that it gives you the opportunity to watch out for a profitable altcoin to buy, without worrying about whether price will dump on you, while you're waiting.
228  Alternate cryptocurrencies / Altcoin Discussion / Re: If you were Satoshi Nakamoto, what would you do? on: May 17, 2024, 05:49:25 AM
If I were Satoshi Nakamoto, and I've stayed anonymous until now, I wouldn't surface, because the welcome party have become tired of waiting and there'll be no red carpet waiting to receive him. He's better off remaining anonymous and let his famed legendary to continue, he created Bitcoin, that promotes privacy and decentralization, and he's living the example of it, never interfering with the dev. team.

As for the BTC in his wallet, it'll be a shame to let it go to waste, I'd have loved for it to be giving to charity, since he's perhaps too rich that he doesn't need it. On second thought, if the BTC is moved, then perhaps it could be traced, and by chance his identity can be revealed.
229  Local / Politics and society (Naija) / Re: Borrowing without investment to regenerate the fund on: May 16, 2024, 03:27:16 PM
Governments, organizations, companies and individuals de borrow money for projects wey go yield dem more money and to better dem lives, so dat from revenue or income wey dem de get from di borrowed money, dem go pay am back. But di problem for a country like our own be say dem go collect loan to pay salary or put am for where no go fit to generate income to repay the loans. Sometimes dem go collect loan for one project, but di money go end up for anoda place, dem go embezzle everything.

Corruption na our biggest problem for dis country, dem go borrow money, share am finish, afterall no be dem personal loan, na government borrow di money, dat na why we de always hear every new administration wey enter power, go de lament say na huge dept dem inherit from di outgoing administration. Dem too go embezzle dem own and leave di responsibilities of repayment to di next administration, if no foreign banks gree give dem again, na to begin to look inward to borrow from local financial institutions. I no support dis borrowing from pension funds, because na ordinary Nigerians last hope for retirement, any mismanagement of dem funds na wickedness of di highest order be dat.
230  Alternate cryptocurrencies / Altcoin Discussion / Re: Meme coins: Shiba Inu vs Pepe - Which one do you prefer? on: May 16, 2024, 02:33:24 PM
In the memecoins ranking, Shiba Inu, is higher than pepe, also shiba is more popular than pepe, if you're judging by that, Shiba Inu, will carry the day, but it goes beyond that, because we don't know the one that'll be more bullish in this season, but I'll still put my money on shib. Although in this alt season, a new meme can emerge and be the toast of memecoins for the bull run, I can't rule out any possibilities. My advice will still be to invest the amount that you can afford to loose, in memecoins and any new projects.
231  Bitcoin / Bitcoin Discussion / Re: Crypto as job salary - Yay or Nay? on: May 16, 2024, 01:37:30 PM
If I have only one job and there's no other means for me to earn money to take care of my responsibilities, then I'll have no better choice than to collect my salary in fiat. This is because Bitcoin adoption has not gained popularity that you can walk into any local shop, buy things and make payments with it, because 98% will not accept it, but they will accept the country's fiat currency, also you can use fiat to buy Bitcoin for investment. Another reason why it's not advisable for low income earners to collect their salaries in Bitcoin, is during price dip, the little salary that they're managing to make ends meet will start to diminishing
232  Economy / Economics / Re: Insurance is important on: May 16, 2024, 10:59:07 AM
It's true that insurance will be patronized more in developed countries because their economies are stable and their governments have structured their economies that the rate of poverty, is not much. But in developing and underdeveloped countries, where the rate of poverty is very high, people are not concerned about insurance, their main focus is to be able to have enough money to cater for basic needs like food, and who can blame them, if they have children that are out of school because of money and they can't feed their families. But anywhere in the world, if someone doesn't fall under the category of impoverished people, then they need to have insurance, because nobody knows tomorrow, life can happen and the table can turn around, where they'll need support.
233  Economy / Speculation / Re: How short-term market speculations can help small bitcoin holders on: May 16, 2024, 10:01:14 AM
Making profits is the climax of every business and investments, ofcourse there'll be no reason for the person not to feel accomplished, when they receive ROI. But you should let your friend to understand that Bitcoin investment is better to hold on the long term, it will guarantee him of a higher ROI, because it's a store of value and the it's history has shown that the longer it's held on the long term, the more profitable it becomes for the holder. If he has a job that gives him steady income, then let him adopt the DCA method, it'll help him to more committed in his Bitcoin investment on the long term.
234  Other / Politics & Society / Re: Current ukraine and russian war should be over any time soon on: May 16, 2024, 08:42:43 AM
I don't think that the invasion of Russia into Ukraine, has anything to do with banking and finance, so I don't see how these two can resolve the war. Russia, clearly don't want the influence of NATO to come near it's territory, and as long as that threat is still visible, the war might still continue. Financial matters can only come to play in the war, if either of them don't have fundings for the war again, but as a matter of pride, I think that both sides will continue to fund themselves, both internally and externally. I look forward to when the war will end, because it has draged on for a long time, and I believe that the two sides have exhausted themselves.
235  Other / Beginners & Help / Re: People are interesting talking more about their success stories. on: May 16, 2024, 07:57:13 AM
I believe that we hear more of success stories about Bitcoin, than failure stories, this is because it's the most reputable and trusted cryptocurrency, also it's a store of value, that guarantees a success story for people who hodl it. Anybody that is holding Bitcoin, with the right knowledge, will always tell a success story, failure story can only come out of ignorance and negligence, like not securing your seed phrase, or leaving your Bitcoin in an exchange or related platforms, where they can go bankrupt or be hacked. Most of the failures in Bitcoin investment are from external factors, unless if someone makes a mistake and borrows money to buying Bitcoin to sale on the short term and make profit, if price begins to dip, it becomes a failure story, because Bitcoin is a long term project.
236  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Offline Mining Actually a Thing? on: May 16, 2024, 06:40:24 AM
I don't know how that id possible because as you said mining need internet to synchronize the data in the Blockchain so if they are saying their system of mining does not need internet service then they have to explain more to us. Or you can drop the link of the information. Well I just checked the website and I saw the news on the home page of the project. https://canxium.org/ but their website is working with internet so I don't think the mining will be automatically done with offline.

And if they do then the coins are not in the internet but in the software or the app as you download the app, you have already downloaded the token. Then you mind it from there.

It seems to be possible, they just released a thread explaining it. you can check it out. https://twitter.com/canxiumchain/status/1790270632053391451?t=nLqw2sAKnvSn41B5gPuFWA&s=19 and it seems most users are buying the idea because $CAU is on Bitget's top gainers atm. Which indicates persistent interests in the project. Let's see how it unfolds.
If it's possible to mine offline as this project claims, then let people that wants to explore it to give it a try and we'll see how it works out, as an experiment for others to learn. I'll not be involved in this offline mining, because it doesn't sync with how I believe that mining should work, I believe that mining should be done online, as it has always been. Offline could be the next evolution for crypto mining, but I highly doubt.
237  Local / Nigeria (Naija) / Re: Kucoin suspended P2P in Nigeria on: May 15, 2024, 04:34:46 PM
A friend send me message dis morning to give me dis sad news, di thing just ruin my day, I just de wonder how our government go take dem hand de comot food from dem citizens mouth, our country matter just de tire me di more everyday. First na Binance, den na okx, now na cucoin, who know di one wey go be next, dem just de disable all di reputable exchanges naira p2p. I hope say people no go jump enter scam crypto platforms because of dis developments, e de really pain me say na our government de do dis things to us, dem go leave where Nigerian problems de, come de destabilize people legitimate sources of income. I know say crypto business don come to stay for Nigeria, we na wise people, we must always find a way to do our businesses and survive.
238  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: May 15, 2024, 03:01:41 PM
I want to appreciate this thread for giving me a reason to start exercising, something that I've not given priority for a very long time, and after Bitcoin hits $100k, I'm not going to stop this daily pushups. My day 1 was 13, my day 2 was 2 sets, 10,8, today I've done 3 sets 8,5,6. I'll be adding 1 set everyday, until I reach 10 sets a day, hopefully the pains in my arms will be reducing and I'll be pushing more in every set. My count will be 100k,kelward,3,50,2024-05-15.
239  Alternate cryptocurrencies / Altcoin Discussion / Re: Do low fees matter most in choosing crypto platforms, or other factors? on: May 15, 2024, 01:47:25 PM
When choosing a cryptocurrency platform, do you prioritize seeking out those with lower transaction fees, or do other factors such as security, user interface, or available features take precedence in your decision-making? Share your perspective below and let's discuss the key considerations within our community!

For me the most important thing is security. I would prioritize platforms that already have a good reputation and have earned more trust which is a sign that they can be safer than other competitors that don't have as much trust. After that I thought about low costs. And after that, the interface will appear comfortable and can be understood quickly and is also simple and not complicated.
Low fees is important in choosing a crypto platform, but security should be given more priority, people should first of all look out for a platform that has built reputation and is very trustworthy, because what is the essence of low fees when you're not sure of the reputation of your intending crypto platform. The interface is also important after making sure of the reliability of the platform, so that there'll be clear understanding of how the platform operates.
240  Bitcoin / Bitcoin Discussion / Re: I returned my father's property to my father through Bitcoin investment. on: May 15, 2024, 12:51:02 PM
Some comments on this thread are doubting whether the OP story is true or lie, but I won't worry about that because I'm not in his family to confirm, I however look at the bright side of the story, that Bitcoin, can actually change a person's fortune. The OP was lucky that he invested and within months Bitcoin price surged, and he was able to get more than double his investment fund in ROI, what if price had dipped instead, he wouldn't be singing this happy song. Bitcoin is a long term investment, not a get rich quick scheme, and I believe that anybody that borrows money to invest in it and wants to get profit on the short term is gambling his funds, because Bitcoin is volatile, it's price and pump and dump on the short term, and there's nothing that the investors can do about it.
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