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2561  Economy / Speculation / Re: Will BTC make a new high in 2022? If not then what will be peak point? on: August 06, 2022, 11:45:14 PM
My opinion is peak point of BTC in this year will be above 50K$. A good opportunity for Buyers. Your opinion will be acknowledged.
Well, opinion is a free thing and anyone can express one. However, what guards one's opinion is what matters. Generally, from hindsight, I've come to believe in what Bitcoin can do whenever it goes down. It has that ability to rise and record a fresh ATH. That's what gives me reassurance whenever I see it bleed. What's your assurance? What makes you think it will hit >$50k? Are you seeing that from a TA (technical analysis) perspective or it's just a regular FOMO? I ain't saying there's anything wrong with speculating that price will go up, just the same way that anyone can FUD that it can crash further (people don't like reading about this part though).
2562  Economy / Speculation / Re: Skybridge Prediction on Bitcoin on: August 06, 2022, 11:24:22 PM
It won't be far fetched that those predicting a rally now merely borrowed a lead from the action of the BlackRock teaming up with Coinbase incident. Many crypto watchers see it as a boost to this industry and the market reacted to it a few days ago as soon as that was announced. Nonetheless, to say the truth and far from the recent fundamentals, Bitcoin has proved from past records that it's stoic. It has continued to rise from ashes each time it went down and I don't see it behave any different now.


2563  Other / Beginners & Help / Re: Symbolism of Whale,Bull and Bears in the Bitcoin market on: August 06, 2022, 06:57:25 AM
Shrimp: less than 1 BTC
Crab: 1 to 10 BTC
Octopus: 10 to 50 BTC
Fish: 50 to 100 BTC
Dolphin: 100 to 500 BTC
Shark: 500 to 1000 BTC
Whale: >1000 BTC
Humpback: >5000 BTC
In that case, expectedly, we should stop saying "whales" are manipulating the market and start saying "Humpbacks" are since that's the highest category. I'm just seated at a corner trying to analyze how anyone (individual, I meant) hodling that amount of Bitcoin will feel. Their financial security is guaranteed, I can tell. That's really huge in today's value. It's the same way I see what value BNB is giving to those who discovered it early in 2017 and are still hodling till date. There are also more altcoins that will do same in future. The problem is how to discover them and then trust to hodl them.
2564  Other / Meta / Re: How important are you on this forum? on: August 05, 2022, 04:18:13 PM
If I just disappeared tomorrow, I doubt there'd be much notice at all.
Well, maybe from those who're just joining this forum now but I doubt anyone from my days here will have a hard time forgetting you. You've been around here in reality and it's so far so good (from my assessment) because your prints have been felt. Do you know how many users here that are beneficiaries of your gesture? Quite a lot. However, I dare say you're as tough as you're soft. Those who've seen your soft side shouldn't wish to witness the tough side. Beyond all that, you're among users I consider highly useful here.

As for me, I think OP's question to rate oneself will produce a biased result. Users should allow others rate them and I think that's what the annual community award we've here does.
2565  Local / Nigeria (Naija) / Re: Nigeria (Naija) on: August 05, 2022, 12:50:43 AM
The day I go see you for that top I go send you $100 BTC. You dey whine us ni  Grin
Engineer, na me you dey whine ba? I go do reverse CPA method now – Bottom to Top 😆

No worry sir, next month I go put your name for number 1.
Chai! You wan panic Engineer small like dat oh. Igehhh, you dey hear am now ba. I go knack myself enter here to top chart dis month.

@CryptopreneurBrainboss, smart manager and the CEO of Brainboss Xchange, I hail you, I don see where you talk say if them give us local board you go dey do btc giveaway. I don record am down boss... 9ja to the moon.
No doubt dat dude, him na big name oh. Im face show wella. Na small Don you dey see so oh 🧐
2566  Local / Nigeria (Naija) / Re: Nigeria (Naija) on: August 04, 2022, 06:56:42 PM

Top 15 active users May 2022
Code:
1. Gozie51 [26]
2. uchegod-21 [19]
3. Coyster [18]
4. Adbitco [15]
5. Charles-Tim [14]
6. Davidvictorson [13]
7. Rruchi man [12]
8. igehhh [12]
9. BIT-BENDER [10]
10. Mr.right85 [10]
11. cytpoway121 [10]
12. CryptopreneurBrainboss [8]
13. Hyphen(-) [8]
14. Maestro75 [8]
15. RockBell [8]

Una dey try for keeping dis place warm. Next time make somebody try smuggle my name enta here na, whether I show or not. Haaba 🤪. I salute una doggedness for dis owa local corner. Una too much!
2567  Local / Politics and society (Naija) / Re: African Proverbs in Pidgin on: August 04, 2022, 05:43:12 PM
Proverb: The tin wey you think say you hold the pikin I hold the mama
Abeg, I go like make you rephrase dat yarn as e nor too complete for my brain. Abi na typographic error dey there in?

Oga Mpamaegbu, this my yarning no complete as you talk unto say I been dey go through some dirty things for my mind but I go try to explain am here small because that proverb get deep meaning and e need person wey dom stay wia elders dey to understand well.
No, nor be d explanation to d proverb I dey talk. Na d way wey you take write am I dey refer to. Just read am out to yourself, e bi like sey e get line or spelling wey nor enta well.

Abeg oh, nor let owa cowtry matta drive you crazy. All man sabi sey Naija don cast, na real dead man walking be dis cowtry now. Sober up my guy.
2568  Local / Politics and society (Naija) / Re: African Proverbs in Pidgin on: August 04, 2022, 12:40:44 PM
Proverb: The tin wey you think say you hold the pikin I hold the mama
Abeg, I go like make you rephrase dat yarn as e nor too complete for my brain. Abi na typographic error dey there in?
2569  Bitcoin / Bitcoin Discussion / Re: My Retired Uncle's Gratuity Invested on Bitcoin on: August 02, 2022, 09:02:00 PM
I asked him to invest 30% of his gratuity fund into agricultural farming business since we are in the raining season, planting of arable cash crops like vegetables could be a good business with high demands,  another 30% into starting a roadside Snack Bar, while the last advise was to make an investment with the 40% left in Bitcoin
Let me start here: don't advise anyone to go into commercial farming if their interest isn't there. Farming isn't an easy business to indulge. It may look simple to the eyes as one would think it's just putting crops in the soil and watch them grow or just buying a few birds from the hatchery and allow them roam around, feed and grow. Farming is like taking care of life. Crops and birds die the same way humans do too.

I've mixed reaction on the invest in Bitcoin thing for elderly people. I feel elderly people should learn how to relax and have a feel of life through nature. Watch birds sing. Everything isn't about making money. Old people should steer clear of Bitcoin. It's volatile and erratic. That won't be good for their frame of mind, as most of them are prone to high blood pressure disease.
2570  Other / Beginners & Help / Re: Why People Use Bitcointalk on: August 02, 2022, 06:07:07 PM
~snipped~
Let me quote myself in full:
Charles-Tim, I got the full import of your first comment (and even the follow up to it). I only took out the part I wanted to address. Yes, of course I (we) all know that there are quality posters here at BTT and I alluded to that fact with tech wizards, programmers etc being here. We can't rule that out. However, I said that wasn't enough reason for the traffic congestion here in comparison to other crypto fora. As for Satoshi being the creator of this forum, I ain't sure many people even know that. People would've registered here long before they got to know that it was even created by Satoshi himself. So, we can safely rule that out as a reason for people coming here. That's what I laboured to say in that first comment of mine.
2571  Other / Beginners & Help / Re: Why People Use Bitcointalk on: August 02, 2022, 03:30:18 PM
Bitcointalk has most quality posts. The reason the traffic on Bitcointalk is 10 times more than any other crypto forum.
Sorry to disagree with you on the reason for the high traffic here. I don't think it's because of the quality posts made here that we've a great number of users. I think it's more of the posting incentives here. We have seen how traffic dropped in the past when signature campaigns seemingly dried up. A great number of users wouldn't be here were it not for the weekly stipends from posting.


Apart from the incentives from campaigns, I think navigation and interface on this forum is way ahead of others. Here is user friendly. The community is great too. Yep, I know some are unbelievably horrible to mingle with. Again, there are first hand teachings here from reputable and grandiloquent developers, tech wizards, programmers, who've graced this forum. Some even have registered accounts here. Whatever history happened with Bitcoin has been captured here and in most cases by those it happened directly to. Being here is a first hand privilege.
2572  Economy / Trading Discussion / Re: Don't sit on your hands on: August 02, 2022, 02:58:37 PM
Based on what I've noticed in the past, a lot of the investors are actually waiting for the rise to start buying bitcoin not the drop. For example I can assure you even if bitcoin were to drop to $10k today they still wouldn't buy it but if bitcoin were to rise to $30k they would all start panic buying with all the money they have.
Why is that so? Sadly, it's true. I've noticed it too. That's a bad strategy according to what I learnt in my formative year going into trading. It's called chasing price. My question is why do investors do that? Is it because they don't have faith in what they're buying or what? This attitude cuts across all cryptos. It's not only a Bitcoin thing. For instant example, there were several altcoins that looked promising last year and prices were very high and many investors wished they had bought in while they were very cheap or that price could dip. Today, most of those altcoins have crashed beyond recognition but people still aren't rushing to buy them. They're waiting for a rally to kick in and then they go chasing it. For me, that isn't my method. I like to get in before the rush.
2573  Economy / Speculation / Re: Is the future of Bitcoin uncertain? on: August 02, 2022, 01:16:35 PM
This is discussed all the time but I am asking this question because my elder brother said that after 2025 Bitcoin will not exist anymore and will be completely dead.
Even the man whom they said supposedly saw tomorrow wouldn't even make that blanket statement about Bitcoin and its extinction. Your brother is undoubtedly wrong. There are many factors that go against his prediction but that's not what I want to dwell on here. Bitcoin has come to stay. The days when Bitcoin's future was shaky has long past. We're in the era of stability now. 2025 will come and go, Bitcoin will remain here. I believe it's pessimism that's driving him to say that. He needs your assurance and convinction to demystify all that wrong notion about Bitcoin.
2574  Bitcoin / Bitcoin Discussion / Re: Are Early Adopters rich? on: August 02, 2022, 11:03:19 AM
What about others? Bitcoin Core developers? Forum admins or well-known old users?
Perhaps, we could get sirius to talk on this. Dude was one of those who came close to exchanging ideas and correspondence with the famed Bitcoin maverick and creator, Satoshi Nakamoto in its early days. Sadly though, sirius was last active here in 2018. I've thought of this myself about early adopters being wealthy from their discovery of Bitcoin but then I realized that none of those early adopters truly knew the actual potential of Bitcoin. It was a gamble of investment they took and once they saw little profit, most of them would've cashed out. Those who are really reaping from Bitcoin now must be those who bought back or the "second phase" of adopters.
2575  Bitcoin / Bitcoin Discussion / Re: Why I Disliked Bitcoin on: August 02, 2022, 10:05:06 AM
You had a misconception about Bitcoin which has been cleared now. It was an error of perception and you aren't the only one who had it (there are countless numbers who still have it till date). Another thing you should know is that there's nothing which has been created or made for positive use that doesn't have a wrong use of it. Evil is upon the face of the earth. There are people who just roam this earth looking for what to pervert. Come to think of it, aren't there negative uses of fiat? I'm sure even during the stone age era there were also perverted use of monetary instruments. It must've been the same for cowries too. As holy as the Bible is, we still have scammers who use it to deceive others even on the pulpit and other places.
2576  Bitcoin / Bitcoin Discussion / Re: Exchange will go out of business of every Bitcoin is hold in private wallet on: August 01, 2022, 11:01:03 PM
~snipped~
I dont totally agree with you on this, it is true that ops may have undermine the function of exchanges in cryptocurrency industry but then not exchange activities that drive the price value and scarcity birth price hike, so there is the possibility of price increases when everyone holdle.
How will scarcity give rise to price hike when the scarcity can't be tested by the activities of buying and selling because everyone is hodling. There can only be scarcity when there's a short supply on the market and not when it's not there at all. When it's not there at all, it only means wipe off or complete withdrawal from the market and such doesn't affect price. Hodling in the real sense means you don't want to sell. Now, look at it this way. If everyone stoically refuses to sell at all no matter what, how will there be a price level? No way! You only get to know what price is because people are buying and selling it. If those selling are more in number than those buying, it simply means that price will continually go down. If reverse is the case, it means price will continue upward. That's my little explanation on this.
2577  Bitcoin / Bitcoin Discussion / Re: This is a Must sharing happiness About Bitcoin on: August 01, 2022, 09:45:39 PM
Well, I can still say it's a nice way to start; at least put the information out there. However, there are certain observations I've made. One is the issue of privacy. I mean, I wouldn't be cool to let every Tom Dick and Harry at my work space know I earn in Bitcoin. It can expose one to dangers of work place envy and plot to hack or harassment for one's password. Secondly, that staffers get paid with Bitcoin won't mean much if they don't get to hodl some of it. I know those workers will convert to fiat almost immediately and start spending because salary is never enough for most people in the country. I know you're a Nigerian too.
2578  Bitcoin / Bitcoin Discussion / Re: Exchange will go out of business of every Bitcoin is hold in private wallet on: August 01, 2022, 08:32:33 PM
From the OP it's obvious that the user isn't a trader. No trader can underscore the importance of exchanges (even centralized ones). Exchanges, and not private wallets, are the oil that greases the crypto industry. I've argued it before and will continue to see it that way that Bitcoin or alts derive their price value and evaluation from the activities of sellers and buyers and not from hodlers. If everyone hodls there won't be price value attached to any crypto. That's the simple truth. So, hodling Bitcoin in wallets without trading it doesn't in anyway mean well for Bitcoin. If it does, there wouldn't have been any need for the 10,000btc exchange for two pizzas. Again, there won't ever be exchanges running out of business.
2579  Economy / Trading Discussion / Re: Can Day Trading be profitable in Crypto ? on: August 01, 2022, 06:07:02 PM
OP, you should concentrate on cryptos with high trading volumes and volatility if you want to be profitable in addition to learning the set skills for trading. A crypto with high trading volume, will present low commission charges on trades. So, you don't have to be experiencing the type of large gap you find as commission charges when you buy or sell like you do when you trade Illuvium. With its high price level, I believe $8,350,000 24hrs trading volume is way too low. Again, you don't have to keep withdrawing to a remote wallet if you want to live on day trading. Of course, there are legions of traders who live solely on trading. It's as lucrative as becoming a doctor or an engineer. Just have a handle on it and be patient. What kills most trading accounts is impatience.
2580  Other / Beginners & Help / Re: Is there a preferred way to partially quote a forum member? on: August 01, 2022, 09:11:39 AM
Personally, I don't like quoting in block. I tend to snip out unnecessary part and go straight to business of my response. Sometimes I just boldface the part of interest so that it won't look confusing to those reading my response to a particular comment or skew it to seem out of context. I don't mind too how people quote me, provided they don't distort my comment to favour a misleading narrative.

My judgment of those who quote in block is that they aren't well tutored, it doesn't matter their ranks. I classify them as noob posters.
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