~snipped~
Most likely, it was just a coincidence. The chances are slim, but still possible. The only thing that could've made that address generation possible would be perhaps an email address I used because I had to tie 2FA to that wallet. That's the only plausible explanation I would've for that. To be honest, I'm sure I wouldn't have even noticed the peculiarity of that address if I hadn't read and known about vanity address to be somewhat customized like number plates. It would've passed like any regular address before me if not that I often take note of the first four letters and last four of my wallet addresses in order to check for any malware changing wallet address from clipboard. Well, I guess (I'm thinking, anyway) Blockchain did that to say a little thank you to a loyal customer like me.
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If the Nigerian government push people into e-naira while they are stopping "bitcoin trading" and banks connected accounts, they are invariably speaking with both sides of the mouth
Let me play the devil's advocate here and that's me saying that the double speak of the Nigerian government on the issue you pointed out could be from them not truly having a complete grasp of what cryptocurrency is, and not because they genuinely want to. This present administration run by the APC government of Mohammadu Buhari seems to be the worst of all administrations bereft of knowledge of economics. Those who are supposed to be manning the economy aren't up and doing and as such can't properly advise the president on what to do. Two figure inflation has hit Nigeria and all of them are acting like nothing is amiss because whether they get the country out of it or not, they still get their salaries. It's a shame. BTW, speaking from both sides of the mouth is what politicians all over the world do. However, it's worse in Africa because citizens aren't holding their leaders accountable to their words and actions.
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Mine is over a year and I am still a Newbie.
Before the question... Let me hastily add here – you should devout more time here if you want to grow your account speedily. Make more posts here aimed at contributing meaningfully to forum discussions and it will amaze you how easily you'll rise through the ranks. There will be users who will splash merits on your posts and then get used to your moniker. That familiarity will make them want to often revisit your profile to read from you. So, get busy.
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First for me will be to sanitize the Altcoin Board and put a severe check on how bounties are run there by making sure mods have a meaningful presence there. Secondly, moderate scam activities. I don't get it when users say scam isn't moderated here while every other thing seems to be. Thirdly, create a BTT coin that will run alongside Bitcoin as a pair. Make it a stablecoin. Create a mobile BTT app.
Seriously, I wonder why that still hasn't happened. It's weird for a savvy site like ours not to have it 🙄
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3 letter words are often fairly easy to find in addresses and would make them harder to believably replicate for users paying attention to what they're doing.
That brings me to what I observed with my wallet app early last year or so. It was a Blockchain wallet app I was using then and I needed to receive Bitcoin from a seller. In order to differentiate that transaction I needed to send a fresh address from the same wallet app I had been using. Surprisingly I discovered that the new address was a legacy address turned vanity with the first three letters of my name to it. I didn't do anything to generate that vanity address and it kind of astonished but excited me. However, till date I haven't made use of that address as I couldn't get around how that happened. Is there anything I should be worried of with that?
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Anyone noticing new projects still raising millions of dollars? Mohash and Dynamic for example, I think new projects will replace lots of top altcoins in coming years
Perhaps, next time it will be better to add symbols to the cryptos to enable anyone searching to easily identify them if there's no link. From the little search I did now, both projects aren't listed anywhere on coin sites; except I'm wrong? That's why I sold 90% of my Ethereum for smaller cap L1s and L2s like CNDL and IMX. It will be easier for these projects to 100x than Ethereum because their market cap is much lower.
Yes, small cap tokens will easily give mouth watering ROIs than the top cap but what if these small cap tokens disappear into thin air overnight? It's the "what if" factor that makes shrewd investors stick to already established ones like Bitcoin and Ethereum. For them, playing with others is akin to gambling.
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For example, here is a real phishing attempt: Notice how the link is blue when it should be green (because it's an internal link and I'm hovering over it). Also, notice the weird underlining that stops short of extending all the way to the left. I believe detecting the phishing site thing with hovering of the mouse on a link will work on PCs and desktops, not on phones; at least not on android phones. I noticed the URL. The criminal went a step further by insuring there's an "s" to the URL now. Criminals are always trying to beat the noose tightening in on them. That way, if your account gets hacked, you'll be able to prove that you are the rightful owner and reset the credentials.
Those who've neglected doing this wallet address staking thing are really not doing themselves any good at all. Users should stake their address and make sure to keep the passphrase to that wallet secured even if they aren't still using that wallet or have deleted it for want of space. With the passphrase they can restore and sign from it.
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Like the game of chance gambling. Can trading in anyway be likened to gambling and how so?
Nope, both aren't in the same category. In trading, there are products to be exchanged while in gambling there aren't. There aren't services exchanged but phantom expectations. That will be my simple way of putting it. Trading is engaging in marketing transactions of one cryptos/currency/commodity in exchange for another while gambling is just the indulgent way of "amicably" attempting to rob others of their cash without offering them anything in exchange. It's just an expected shortcut to quick riches. Nothing else.
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I heard that some bounties fail to pay participants at the end of work. Considering this senerio, how can one know which bounty is a good to participate in?
It's not just some but most. Most of the bounties this day haven't lived up to expectations. In the past (I know of 2017/18) it wasn't so. Now, it doesn't matter who is managing it as even reputable campaign managers have all had their share of failed and scammed projects. So, you may not even get anything better by simply relying on a manager. I tell you, none of the managers can tell you of a bounty that is credible. Even whole managing these bounties, managers aren't too sure. In the past I used to think BMs could be used as yardsticks for picking and enrolling in bounties. Sadly, this day, exposure has taught veteran members otherwise and that's why you hardly see high ranked constructive users in bounties. Enrolling in bounties is more of an unmitigated risk.
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Even though we can only make guesses when it comes to this industry because of its speculative nature, I take the liberty of telling you to buy now in response to your question. Bitcoin price has lost around 60% from its last ATH compared to the current price it's trading. It may still go down in price but I don't think it's going to be any horror buying now. Just buy with cash you won't miss. Buy it, then close your app and not constantly check on it like a kid would check in excitement for a newly planted maize seed to sprout.
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OP, put it this way – would you rather draw a straight line handsfree when there's a ruler? I guess you know the answer to my question. Trading without indicators is more or less pure gambling. While I acknowledge that trading is speculative in nature and there's no perfect handle on it, I would rather not trade at all if I'm not going to rely on at least a single indicator to pick my trades. In doing this, I tend to rely heavily on leading indicators as against lagging ones. How do you assess market sentiments and bias if not through the aid of indicators? Anyone who tells you otherwise isn't being honest with you on this one.
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Can I have a precise and constructive answer on whether trading is really worth spending time on? My brother wants to do this job for a living, and I'm just curious if it's a dignified, worth-spending occupation. I don't know where to ask, I don't understand technical analysis; when he explains it to me I feel it's some sort of gambling strategy.
Your brother is choosing a great career path and I think you should encourage him. Trading is highly dignified. In my country Nigeria, there's a sense of respect for those who live on trading and it's little wonder there are high profile traders in the country. Genuine traders, I mean. Yes, there are a great number of profitable traders who don't do anything else but trade. They make a kill of it. The only problem with trading is that many who go into it don't properly equip themselves with the requisite knowledge and skills for it and they get burnt. They think it's a shortcut to easy wealth but it's not. It requires time, patience and practice to succeed at it. Have a handle on trading, learn it like a professional course by spending time on it; even years like scholars do at college. One of the positives of trading is that one can trade from anywhere in the world provided there's internet connectivity to one's device. Trading allows one free time and movement while pilling it up with financial freedom.
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Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
I believe five years, spanning two strong bull seasons and the "bears" there in, since I got registered here is enough for someone like me to give counsel on this topic. My advice on that will be that those witnessing this market for the first time at this moment with all its brutal bearish movements should just sit on their hands and do nothing if they've reduced price value in their portfolios. If the investments are all in Bitcoin, just grab a pillow and have a sound sleep. Nothing is amiss. Price will bounce back. That I can assure anyone.
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this set of people will regret not puttin100% into Bitcoin give them the next 5 years from now a lot will regret not getting on board on totality.
Honestly, I don't subscribe to that. It's putting all of one's eggs in a single basket. I like diversification.
You know, whenever I see and read posts like the OP's; they remind me of a certain line in Kwaku the Traveller, a song done by Black Sherif. Everyone has made one mistake or the other at a certain point in their life. We've messed up in no small way in the past and sometimes when we remember that, we're humbled like Sherif's listeners in that song who couldn't respond to his question of infallibility – Who never fuckd up? Hands in the air, no hands? Expectedly, no one raised their hand because all are guilty. Believe me, those who say they're 100% Bitcoin now definitely weren't so when they started. We learn every day in this industry.
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It's really a shame that @tuannguyentn1, an account that has been here since 2017 can only muster just a single merit till date. BTW, what an ugly username that's there. That hack attempt should reinforce anyone's alertness to a given fact that if something smells fishy, crosscheck it. Don't be in a rush to run over it. It was in your ability to check facts that you realized the URL was totally different from this site. It goes to show that once you've your account in "always stay logged in" and you're asked to log in again, be suspicious. I don't know why there's resurgence of this type of attitude now. Sad.
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Here's what I realized for almost 5 years here in the forum and still at a lower rank.
Honestly, I didn't realise you've been here that long. I know I've bumped into this account a few times but didn't know it's nearly as old as mine. I think you should snap out of inactivity and spend some more time here if it won't disrupt your other schedules. 1. You can't please everybody here -
That would even be a very difficult thing to do in real life let alone in a pseudo setting such as this. You better keep your sanity intact by being yourself. To cut this story short, if you really want to rank up and have a good reputation just do the opposite, stay active, learn more and expect nothing.
Far from it, ranking up doesn't bestow any reputation on an account. It's what you do in the forum and how credibly or incredibly your interactions are that can do that. Don't blindly trust any high ranking user.
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Anyway, I'm fairly certain it's the 4hr chart as the MAs that are crossing are the 50 & 200... However it's worth noting that since this cross-over, both the MAs are now trending downwards (bearish) while previously the 50 MA was flat (neutral) even if price remains above them (bullish) and they have bull-crossed as it were. Realistically the 50 MA would need to flatten or trend higher for confirmation of a short-term trend change: Thanks for your time and analysis. It shows how deep you're into trading. I love that. The crossover and recross of the MAs is the major reason I don't use them as entry or exit signals. They always repaint. I don't rely on indicators that repaint or lag behind. If anything I set the MAs I'm using to a higher figure for judging trend change, but not for taking trades. Relying on MAs to take trades leaves you in confusion because it can seamlessly recross and make your initial position invalid. Of course, I believe there are traders who are profitable using it but certainly not for me.
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The first thing I do while looking at chart(s) is to check the timeframe. Once I don't see that, I can't fully grasp what is been said there. The easiest way to cheat with a chart and make it look like price has long gone far is to present a price action (PA) on 1m/5ms or 15ms TF. It makes it look like there's a nice ride, especially if PA is headed in a particular direction. Anything short of 1hr TF for entry and 4hrs/Daily for guage isn't for me. OP, what's your TF in that chart. Would you mind telling? Again, what MA setting is in orange colour that the candle just crossed?
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~snipped~
If we relate dis matter for our society today, you go see how small small boys dey misbehave for street especially when small change enta dia hand dem go dey feel like say nobody dey like dem but dem go forget say na person been dey give dem food and shelter before dem start to dey see small small coins. You do well for this wise proverb wey you drop. My broda, d matta com even worse tie wrapper join as Yahoo boys enta vibe. D small small boys dem nor wan know who elder dem again once dem hit maga. But once d change finish, dem dey humble like over riped plantain.
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Persin wey kill native doctor wey dey prepare charms for am, make im remember sey people wey dey try harm am never finish. Meaning: One who isn't grateful to those who serve as succour to oneself should remember that a day of reckoning isn't over.
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