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2341  Local / Nigeria (Naija) / Re: Nigerian Bitcointalk Community Hangout. {Current topic: #EndSARs} on: December 16, 2020, 11:21:16 AM
Omo, I been no come across this vote matte untill today. But still on still BB still came 2nd na the most impressive thing be that. Una dey really tie minds for one goal which be the thing wey dry give those omo oyibo dem Pepe for body. But with time we go triumph. Congratulations @CryptopreneurBrainboss
2342  Bitcoin / Bitcoin Discussion / Re: Rant: If you have sell target, YOU'RE COMPLETELY MISSING THE POINT. on: December 16, 2020, 06:54:48 AM
Guess what. If you only hold bitcoin to reach a specific sell target, then YOU'RE COMPLETELY MISSING THE POINT.
I don't agree with this, there are people who bought at $20k their main target is to at least sell and get back their initial capital after all. Even it means earning $1 interest waiting over the years. Trading bitcoin for interest is an individual rationale that should not be undermine. Some people hold bitcoin as a means of evading taxes by the government while other hold bitcoin as true value of asset.
2343  Bitcoin / Bitcoin Discussion / Re: Bitcoin will eat Gold’s market share, according to JPMorgan on: December 14, 2020, 12:19:36 PM
Quote
“The adoption of bitcoin by institutional investors has only begun, while for gold, its adoption by institutional investors is very advanced. If this medium to longer-term thesis proves right, the price of gold would suffer from a structural headwind over the coming years.”
Looking beyond JPMorgan’s analysis, there is clear evidence that institutional uptake of Bitcoin is rising. Grayscale, a digital-asset manager, has recorded record inflows into its Bitcoin and #Ethereum (ETH) trusts. Grayscale, Paypal and Cash App are buying up more BTC than is being mined each day.

Data aggregator CoinShares has also reported on the recent surge in crypto capital inflows. Over just four weeks, Bitcoin products sucked in $1.4 billion. Gold, meanwhile, recorded record outflows of $9.2 billion.
Bitcoin has high volatility which gold lacks and the mobility and convince makes it more durable and secured than gold. If the growth and adoption by different institutions continues thriving, gold wouldn't catch up with the pace at which Bitcoin is going.
2344  Alternate cryptocurrencies / Altcoin Discussion / Re: 19-Year-Old Ukrainian Politician Owns 185,000 Monero (XMR), Bought In 2015 on: December 14, 2020, 09:15:21 AM
Probably many high-ranking officials have hidden crypto income, but none of them will put them on public display. And this applies not only to this story, in many countries of the world there is a similar practice. Such earnings are easy to hide and hard to believe.

Well, this is actually not a large amount, at the time of purchase, about $ 75 thousand was spent. Of course, now the rate has grown and this is a fortune, but that's another story.

Considering his age and span of 5 years the $75k spent is a huge money waging into million of investment within the 5 years is another achieved milestone. That $75k is enough money to start a life and expand yourself in 3rd world countries.
2345  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum remains the king of altcoins on: December 14, 2020, 07:02:13 AM
Ethereum is the king of altcoins and it should be. Comparing with the other altcoins Ethereum is the most popular and people are comfortable with Ethereum.This is in the second  position of cryptocurrency so Ethereum is the king of altcoins.
Let's not undermine the flaws  the Ethereum ecosystem harbours, alot needs to be done by the developers on the Ethereum smart chain, we all had expected the launch of ETH 2.0 to make corrections but it is still at the early stage perhaps things could be corrected from Q1-4 of 2021. Ethereum truly remains the king of altcoins, LTC should be dragging the position with Ethereum any moment.
2346  Economy / Economics / Re: Our new economic model could be defi on: December 14, 2020, 06:13:29 AM
Your topic and the epistle you typed on it are erroneously passed, fiat is greater than Defi. You just want to pass a beautiful message but you lack basic comprehension, Defi are almost scam, fiat has a lot of value in econometrics than Defi.
2347  Bitcoin / Bitcoin Discussion / Re: Would you sell your BTC for $100 000, and never go back to the game again? on: December 13, 2020, 06:23:39 PM
Leaving it completely means, I'm restricted to teaching about Bitcoin, spreading the news that revolves around it, commenting on this Forum, hanging out with friends I have made in the journey of Bitcoin. Starting a new life all over again. That would be quite a boring lifestyle to live and considering the development of Bitcoin and how absolute it is going to surpass the offered $100k. I would rather wait and HoDL on to it as the person who is offering me the cash.
2348  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What are the best coin in 2020? on: December 13, 2020, 11:33:40 AM
2020 is a year of Defi coins, I'd suggest Bitcoin like everyone else but your research is based on coins minted in 2020. Have you tried some of the A list oracle projects coins? Like DAO and the rest? Lend isn't doing bad as well. But be rest assured that, no Altcoin can give you profit that Bitcoin can't.
2349  Alternate cryptocurrencies / Altcoin Discussion / Re: Facebook Issue on: December 12, 2020, 10:59:46 PM
All of a sudden you diverted from Facebook down server to its Libra coin I'm surprised how the two corresponds. Facebook and her other services are built for different purposes  it doesn't have any effect on her coin whatsoever.
2350  Alternate cryptocurrencies / Altcoin Discussion / Re: ICO, IEO! Which one do you want to return again? on: December 12, 2020, 04:14:07 PM
IEOs and ICOs are just as risky, but If I had to choose between the two, I would prefer the top IEO in the market because there is less risk of fraud compared to ICOs. The IEOs listed on Binance are successful and have attracted more market investment as well.
Almost everyone on the the topic voted for the return of ICO in case we are trapped to choose either of the two but you. The reason might be the only successful ones who were able to get listed on Binance and thrived. I personally would go for ICO I don't have much explanation but, it actually lifted a lot of capital invested with little or no losses at all.
2351  Economy / Economics / Re: Here is why btc will die as a crypto on: December 12, 2020, 09:23:58 AM
The miners who confirmed the transaction will share the transaction fee of the day among the people who partook in the main pool. Is the transaction fee burnt? I believe not, it is a bug that can be fixed even Ethereum had higher transaction fees.  I don't honestly support the idea of this killing Bitcoin to the minimal level.
2352  Bitcoin / Bitcoin Discussion / Re: Crypto Wallet Regulations: A damn good time to be paranoid on: December 12, 2020, 07:09:57 AM
The regulation comes here again, what's the main purpose of Decentralization when they role out new policies to restrict how your coins should be stored? Like @Anonylz has said above it is not about older folks alone, traders will prefer their coins on the exchange than custodian wallets for easier trading, conversion and access. Untill then let's be security cautious as we have always been.
2353  Bitcoin / Bitcoin Discussion / Re: New institutional player — MassMutual purchases $100M Bitcoin on: December 11, 2020, 08:26:40 AM
So, how much of btc is already owned by institutionals?
Quote
According to a report from The Wall Street Journal, the company purchased the coins — purportedly 5,470 Bitcoin (BTC) given the current price of $18,279 — through New York-based fund management company NYDIG. MassMutual also reportedly bought a $5 million equity stake in the firm, which holds $2.3 billion in crypto.

A total of 5,470 Bitcoin is owned by the institution.

This is actually a nice piece of information as the day passes, great companies adopt, invest and take the Bitcoin technology to the next phase of different economies of the world. 2021 seems to be a new ATH to witness.
2354  Bitcoin / Bitcoin Discussion / Re: A free land for bitcoin on: December 11, 2020, 06:41:47 AM
Africa isn't a country it is a continent with different countries, different norms, different religions, different government, different people and beliefs. So imposing Bitcoin as one legal currency in Africa as whole wouldn't be possible without seeking regulations from African Union (AU) and its subsidiaries like (ECOWAS) and several others. The government will still stand against the legalisation because most of the crooks in government don't have the technical know-how to loot through Bitcoin.
2355  Economy / Speculation / Re: Bitcoin on: December 11, 2020, 05:13:25 AM
It could be as a result of market correction as it has been going up since the last 1 month, it needs to correct the market flows and settle in a particular region for a while then decide to move itself sideways again. It is mere observation, no one can really tell what exactly is the problem with the sudden decrease in the price and brutal crash in altcoins.
2356  Bitcoin / Bitcoin Discussion / Re: I quit smoking and buy Bitcoin every week on: December 11, 2020, 05:07:23 AM
It is tough investing in Bitcoin, it is tougher quitting smoking, this is a great decision as far as you can starve your brain whenever it thirst for cigarette smoking and investing the supposed funds in Bitcoin weekly, the return would be great, that means you're directing £200+ on monthly basis in Bitcoin, this is pretty awesome.
2357  Bitcoin / Bitcoin Discussion / Re: Investing 1$ every day in bitcoin over the last five years on: December 10, 2020, 07:02:21 PM
The chart flow proves Bitcoin investment is paramount to stock, banking and even estate management. Whereas your annual yield income is higher than what the bank can offer. This is really interesting. I just posted the video on my community.
2358  Other / Beginners & Help / Re: Get Funds For agriculture Project on: December 08, 2020, 06:03:57 PM
Over 30 BTC as agricultural funds, this is ridiculous and outrageous not undermining your abilities or the result to be expected but, it is agriculture you're venturing into. What is the scale of the land like? How fertile? What is the expected annual yield return? These are things to put into consideration before your lender can tender you with a huge loan.

we are targeting 1m$ and land size is 30 acre this include land value development cost if need and some $ for start few profitable project within land
invester will get

free local tour in every year
and business ownership including profit
What is your country of origin?
What do you have as collateral? What is the risk management in your adventure?
2359  Other / Beginners & Help / Re: Get Funds For agriculture Project on: December 08, 2020, 10:19:57 AM
Over 30 BTC as agricultural funds, this is ridiculous and outrageous not undermining your abilities or the result to be expected but, it is agriculture you're venturing into. What is the scale of the land like? How fertile? What is the expected annual yield return? These are things to put into consideration before your lender can tender you with a huge loan.
2360  Bitcoin / Bitcoin Discussion / Re: What is the biggest threat to Bitcoin? on: December 07, 2020, 07:39:44 AM
Most of the major threats that have disrupted Bitcoin have been overcome, so whatever comes now is just mere challenge. Like when some governments banned it, their citizens were still using Bitcoin. Now it has gone mainstream the only challenge we can talk about is volatility and inability to get to everyone's hand due to one circumstances or the other.
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