My broda, we welcome you wella. Welcome, wey bread 🤪

Nor be small thing oh. Dem really get betta yarns for mouth and e dey reflected in their songs and folklore of those years. Nor be now wey songs just dey empty with lyrics wey dey only promote materialism and obscenities.

I welcome you too for owa abule. I for still pour you colele wata but e don finish for my fridge. Abeg, you go help us here. We nor too go school to dey understand pure English. We dey break am here with pidgin.

If the passive trader with a huge capital base doesn't have set trading skills they will sooner than later lose it. It doesn't matter the type of expensive car one owns, if one isn't skillful at driving one is bound to crash it. It's just a matter of time. It's the same way I see those who have huge capital without skills trading. One with small capital but required skills can build on it and grow from there if they don't allow greed to get the better of them.

Well, by "method" I mean "system" and by system I mean "innovation". Putting it simple, what I meant there was that there could be another system that could displace Bitcoin in the future. We can't say for certain there won't be, no matter how a Bitcoin maximalist we want to claim we're. If slightly more than a decade ago there was nothing like Bitcoin, what makes you think that a decade from now there won't be a replacement for Bitcoin?

Na true my broda for dis ur talk and dat ogbenge proverb wey you drop there too. Owa people talk sey if persin see wetin dey bigger than farmland, dem dey sell barn. I get better offline engagement last week wey tie me down. I still neva even dey free dis week sef but I go try dey spy here.

Naturally, na sheep dey like smile from time to time. As for goats, dat wan na original frowner.

Nor be lie, bro. Especially if him come get people wey im dey owe money for dat area.

Death is a possible cause. Sometimes we don't get to find out that a member had passed on until a few years later when someone would stumble on something leading to such a revelation. Cases like that abound here. A second reason is loss of interest. At least I know of four people I introduced to this forum who got registered but stopped posting after awhile. They didn't even stay long enough to understand the workings of the forum before they stopped. Another could be merit. The introduction of the merit system actually made ranking up a bit difficult. That makes it also difficult getting into campaigns. Those whose sole aim is to earn find it difficult staying if they can't rank up and get into campaigns would just leave.

If Elon said it; he didn't say anything out of the ordinary. It's a given that the price of Bitcoin must definitely rise. We've seen this before in the past when it crumbled and lost around 80%. It came back and also went on to surpass its previous ATH. For those who think that at $16,000 Bitcoin is still over price even when they saw it at $68,000+ a few months ago should have themselves to blame when they miss the train. Bitcoin is most definitely going to hit >$100k when it picks pace again.

To be frank, I never expected that Bitcoin would literally kiss the dust this November. My projection was that Bitcoin would bull this month. Sadly, this month has proved to be a slur. Well, in all this I still believe Bitcoin will bounce back. This price level is a good time to buy in. Even if one buys now and it dips, it's still a great discount. Whether price is at $10k or $30k, anyone who can afford savings should start buying in bits now. DCA on your investments or if you can wait some more, try buying in before the last quarters of 2023 when    the excitement of Bitcoin halving will be gearing up.

I miss that Blockfolio turned FTX app too. I used it as a price tracking app for cryptos I watched. I quickly deleted mine during the wake of the FTX debacle as it wasn't opening and I read somewhere that any attempt to update it would be opening malware as a phisher had been introduced in the app that stole funds. For me, it's better I played safe than being sorry.

I'm one for the growth and stability of this industry but sometimes I find certain things arguable. Just like this Cex and Dex debate. I know that not owing ones' keys doesn't confer ownership and that's very bad. However, I think Cexs have done more good than harm to this industry. At least, it helped pushed cryptos to the world in terms of ease of trades and accessibility. Its harm may be obvious now because of awareness and the growing popularity of Dexs. Before now, Dexs weren't a thing and weren't popular. I think for Dexs to have an upper hand, they should up their game and create an avenue of populating their trading pairs with more tokens so traders can have an avalanche of tokens to choose from.

There's always a process of ups and downs in life. None lasts forever. Today may be for a crash and tomorrow for soaring to the north. In essence we can't hastily conclude that the world isn't doing well based on the momentarily incident of crash we have. Bitcoin may be crashing at the moment but that doesn't make it any weaker than the dollar.

Outwardly, yes you got in at a bad time. However, technically that's a better time to get into crypto when the chips are down so you can buy in cheap. So many people who bought earlier are already caught up in this dwindling price and are regretting it now.

If as a newbie you already have this type of mindset I would say you're doing well. Keep it up with DCA and patiently wait for the bull season in 2023/2024.

To be candid with you, fiat isn't going to completely go away no matter what innovations we think should come upon us. Part of my reason for saying this is that no matter how developed the world wants to get, there are areas that technology can't get to. Even as we debate this issue, there are cities in the world that don't have electricity supply to them. Digital currency won't be possible without power supply. Again there will always be a unit of measure to pair Bitcoin or any other crypto with to ascertain its true value. Here, fiat comes in again.

I hope the wallet you introduced to him is a simple but secured one. Electrum will be a safe one here as it's an open source and not complicated to use. The reason I said that is because you've to make sure his funds are intact for him, otherwise if he loses his funds his type will never believe anything Bitcoin ever again. In fact, he will spread FUD about Bitcoin to anyone who wants in.

As an aside, I want to see big shops and businesses start using Bitcoin in Nigeria so I don't have to convert to fiat when I want to buy electronics or do any other heavy spending.

This is the point that summarizes your whole point and position on the Dex issue. No matter how hard anyone tries to make a mess of what Cexs have been able to achieve despite the disadvantages therein, we shouldn't be in a haste to forget the good it has done in this industry for expanding the coast and creating awareness and trade volumes. By the way, is there anything in life that doesn't have demerits as it has merits? None.

TW is a creation of Binance and not a Dex in the true sense.

But of course, people have their set targets and once it's met even before the end of a calendar year they can decide to draw the curtains there. I guess that's what OP did.

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May I ask you a personal question on this. You don't have to respond if you don't want. You don't hodl any other crypto apart from Bitcoin or you consider yourself a risk-taker too?

OP is referring to life here (not real life) and that's why there's "Newbie to Full Member" in their text 🤔

I think the earlier people realized that Bitcoin is a phoenix and the proverbial cat with nine lives, the better for the health of their heart. With that there won't be unnecessary panic whenever the media spreads FUD. What I'm saying in essence is that people shouldn't panic once a dip is sighted, especially if it's Bitcoin dip. Members who've been here since 2017 should've  figured that out by now.

To start off with, not everybody wants (will want) a life of digital currencies. They think it's difficult to learn all the dos and don'ts that go on with its wallet management and security. Not everyone likes restrictions. Going forward, we also need to factor in the "other side of cryptos", the negative side.

Yes, I think that's long overdue even. Financial literacy should be a thing to be learnt too. It should be a part and parcel of the existing curriculum so as to aid youngsters in financial management and accountability.

OP, there's nothing you said there that aren't already in the public space. Investors know that shitcoins will always be what they're but they think they're going to be lucky and get out before it collapses on them each time they invest in shitcoins on short time. Sadly, they get caught in the web.

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Don't pay any attention to naysayers. Those who say that haven't been long enough in this industry to notice and be reassured that Bitcoin is the pillar of this industry.

But of course, yes. Goods and services can be paid for in Bitcoin in most Bitcoin friendly countries. It can be done as direct payment without having to convert to fiat first. However, the importance and relevance of fiat as a unit measure of value for goods and services can't be ruled out no matter how anyone wants to. I've consistently maintained that the use of Bitcoin can't totally annihilate fiat, and vice versa. Both are likely going to exist side-by-side.