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2721  Other / Beginners & Help / Re: Market capitalization of crypto approaches forex market capitalization on: April 11, 2021, 06:26:46 PM
When you compare bitcoin with other maketplace, you must have account time to reach in $1 trillion marketcap. A few days ago, I have seen an an image comparing BTC with other comodities, BTC growth was the highest. Nevertheless, would love to see some comparable images.
I only limited my comparism to forex market which shares similar trading strategy and analysis. Both fundamental analysis and technical analysis can be carried out on both market
2722  Economy / Gambling discussion / Re: Be a Responsible Gambler on: April 11, 2021, 06:21:51 PM
It's most preferable to gamble with what you can afford to loose. Gambling has made so many go bankrupt just has Ponzi has made a whole lot of persons reckless and misreable. It would be wiser to stake has you can risk. So as to groom the fun of gambling to the later
2723  Economy / Trading Discussion / Re: Bitcoin Trading from Scratch on: April 11, 2021, 05:44:04 PM
Crypto market is highly volatile. Getting the right knowledge before trading should be considered first before going into trading. Market analysis which could take couple of months to comprehend must be clearly understood. In analysing the market two major analytical approach is required
  • Technical analsis
  • fundamental analysis
2724  Other / Beginners & Help / Market capitalization of crypto approaches forex market capitalization on: April 11, 2021, 04:33:32 PM
Crypto market capitalization is currently $2trilliion gradually trying to meet up with the market capitalization of the forex market worth over $6.6 triiiion and still counting. What a great avenue to generate passive income at your own convinence.

With more investors and traders trooping the market on a daily basis we should however be expecting an increase in market capitalization yielding a digital oil block for the general masses to partake of.  Bitcoin alone has a market capitalization of over $1 trillion taking half of the total market capitalization of the crypto market.

Many companies and some cities has accepted crypto currency as a means of exchange both for goods bought and services rendered thereby increasing the use of Bitcoin across the globe. This inverably should be a call to others who are yet to take advantage of this new era of digital currency world. More opportunities are been made available as the day goes by.

We are gradually moving into a new century where a new exchange mechanism would be put in place for global exchange of commodities. The best time to acquire a coin is now. We have moved passed different eras of exchange. Ranging from trade by later,cowries, metal coin, paper money , and we are gradually moving into a complete  digital era of exchange where most physical exchange will not be replaced by digital currency.

Getting educated on crypto trading, mining and cryptography could be another beautiful way of joining the train of crypto earners around the globe. Causing more spike and adding even more volatility to the market at large. Decentralized currency has come to take over the order of the century and it's gradually replacing our previous format of wealth accumulation across the globe.

Wills are gradually changing from. Documents and landed investments to private key , email addresses and password, username and password and other digital formats of saving valueables. This has reduced the general revenue generated by our commercial banks. It would be wiser if bankers would size this opportunity to learn more about crypto and start investing because many might be relieved of their jobs .
2725  Economy / Economics / The Winklevoss twins worth $3bn Each for buying Bitcoin @ $8 with confidence on: April 11, 2021, 04:14:12 PM
Indeed Bitcoin has made so many whopping rich and has added a whole lot to the Forbes of our time. The digital currency, Bitcoin that was trading a little below $100 as at 2013 is currently above $60,000 and we are actually expecting a $100,000 spike before the end of 2021.

Many took hold of this opportunity and made their first purchase of Bitcoin, while some gave up on the digital currency and sold out their assets some went as far as purchasing in large quantities and held on to their coin thereby believing on the project.

During this period two identical twins who are listed currently on the Forbes Billionaire List amongst the newcomers who reached a billion-dollar status due to their Bitcoin investing, took hold of a golden opportunity and made a purchase of $10bn worth of Bitcoin at $8 per Bitcoin way back 2012.

Cameron and Tyler Winklevoss are currently worth $3bn each. For purchasing a crypto asset worth $8, making them one of the biggest and earliest investors in cryptocurrency. I would say their gamble paid off and today, they are worth a collective $6bn.

The Winklevoss twins are not slowing down, they are instead, making further investments in cryptocurrency. Recently, they invested in a Bitcoin lending start-up named Block-Fi which is now valued at $3bn.

The Winklevoss twins are no strangers in Silicon Valley. They were Mark Zuckerberg’s classmates at Harvard and they once accused the tech billionaire of stealing their idea for Facebook.

A bitter legal battle between the two ended in the twins receiving significant cash and Facebook stock compensation from Zuckerberg. Some of their cash compensation was invested in cryptocurrency and it has indeed, paid off.

In their early days, cryptocurrencies witnessed an unstable growth path, rising and falling occasionally. This discouraged many people from investing heavily in it. The Winklevoss twins took the risk on Bitcoin and are now billionaires on Forbes list. Currently, they run their company, Gemini, a regulated cryptocurrency exchange, wallet and custodian that makes it simple and secure to buy Bitcoin, Ethereum and other cryptocurrencies




https://nairametrics.com/2021/04/09/meet-the-billionaire-twins-who-bought-10m-worth-of-bitcoin-when-it-still-sold-for%E2%80%AF8/
2726  Economy / Gambling discussion / Re: Why there's no USDT (trc20) deposit method in gambling sites on: April 10, 2021, 05:31:51 PM
There are lists of gambling sites that accepts USDT.

bitcoin.ag
betcoin.ag
Bitcoincasino.io
bitsler.com
sportsbet.io
This is just a few I believe many more still exist. You can do more research on this
2727  Other / Politics & Society / Re: JoeBiden just bombed Syria on: April 10, 2021, 02:28:44 PM
This could be a call for war. He is only but few months old as the US president. There are better ways of resolving dispute other than violence. What should we be expecting,would Syria revenge? Even if the do what would be their own strategy as a revenge . Going by what could result to this attack this might end in a bloody civil war that would attract other loyalist of both countries to engage in a war that would eventually shake the planet
2728  Bitcoin / Bitcoin Discussion / Re: Cars That Can Be Purchased with Bitcoin on: April 10, 2021, 02:17:38 PM
Nice research. Tesla made his public on his Twitter handle. Once Bitcoin gets full acceptance whereby small scale enterpreneurs begins to transaction with Bitcoin globally. My question remains would it be economically wise to use Bitcoin to do transactions considering the fee charged for each transaction?
2729  Economy / Speculation / Re: Are we expecting a bullish trend? on: April 08, 2021, 07:46:52 AM
Bitcoin is buying again
In the article referenced by cointelegraph, they say that in a possible bullish scenario, bitcoin can reach a price of up to $ 79,566K, and if it is very low what it can reach at the moment in a possible resistance at $43k.



Quote
if the price rebounds off the 50-day SMA, the bulls will make one more attempt to push the pair to a new all-time high. If they succeed, the pair could start its journey to the next target objective at $69,540 and then $79,566.

Source: https://cointelegraph.com/news/price-analysis-4-7-btc-eth-bnb-xrp-ada-dot-uni-ltc-link-theta

Of course, this can be invalidated if institutional investment comes in that can cause a big bull run, it could even reach more than $ 79k.
Market has reversed expecting a major breakout before the end of the day. What a smile on the faces of Bitcoin traders.
2730  Economy / Reputation / Re: Goodbye, world! on: April 07, 2021, 04:27:01 PM
Goodbye legend of all times
I'm sure you made impact during your time
I might have missed the tide
But I'm sure you made a clean ride

Weldone oh worker who gave his might
I have seen your work and found some light
Thanks for making the forum bright
We will leave to show your slide
2731  Economy / Speculation / Re: Are we expecting a bullish trend? on: April 07, 2021, 01:04:14 PM
Bitcoin finally made a bearish trend and from the analysis bitcoin is still going to sell for a couple of days. It's would be wise to sell now and buy back by next week. Bitcoiners could go back to their chat and make a better analysis so has to benefit from this bearish market move. With the expectations of a bullish reversal by next week
2732  Alternate cryptocurrencies / Altcoin Discussion / Ripple smashes your expectations on: April 07, 2021, 07:49:01 AM
Ripple has meet the expectations of many investors. Congratulations to XRP investors. We are still expecting a $10 breakout before the end of the second quarter of the year. More predictions are still arising and many has started acquring more coin.

With the current rise above $1 we should be expecting more spike because the breakout will cause massive buy position by traders and investors. What's your analysis. Would XRP still make series of higher highs and higher lows. Or should we be expecting a range market at the moment?
2733  Other / Politics & Society / Re: The cry of the African nation on: April 07, 2021, 07:37:11 AM
Virtually everything in Africa is politicized.  Africa got to this level because they were neglected. They made people believe without corrupt practice you wouldn't survive. Corruption ended up been the identity of an average Nigerian. Justice is now obtained by connection. The helpless are voiceless. The masses burry their concience. Crime is now a means of survival. How long will Africa remain like this can't we get help?.

Africa needs your prayer
2734  Bitcoin / Legal / Re: day trading crypto in the United States Vs. the IRS on: April 07, 2021, 07:28:15 AM
If I did that enough times in a day, over the course of a year, would I end up owing so much taxes the next year that I would probably end up having to pay more in taxes than what I made in capital gains?
Automatically that's what it implies. I suggest you return to the tax consultant to get clearified on this. Paying tax on each transactions ( mostly for day traders) would limit the profit margin made on each trade. Other alternate measure should be used instead to calculate the taxes expected from traders and investors other than this
2735  Bitcoin / Bitcoin Discussion / Re: You Think Bitcoin Save Your Economy on: April 06, 2021, 04:50:29 PM
Many countries are investing into crypto currency for example China which has a digital currency. I believe in a way this could help boost their economy most especially if it appreciates above certain leading fiat currency scattered around the would like other crypto currencies are doing at the moment.
2736  Other / Politics & Society / Re: The Rich Man and Lazarus on: April 06, 2021, 04:44:43 PM
This is pathetic. If truely she contacted covid while in the hospital. Shouldn't that be the blame of the health personels?. she deserves justice and justice her family must get. Almost her disability would have given them some human concience other than treating her like an animal seeking for where to scavenge.
2737  Other / Beginners & Help / Re: Facebook's 533M accounts leaked online and what does it mean for crypto users on: April 06, 2021, 01:20:08 PM
I thinking changing your password most often should be one of the protecive measures to safeguard your account from Intruders. Most spam messages from our email are attempts to hack into our account. And any form of successful attempt would cause serious damage on the person's entire document
2738  Other / Politics & Society / The cry of the African nation on: April 06, 2021, 12:29:24 PM
Tell our leaders not to make us cry
We choosed them, so we gave a try
Our coin is threatened even our nation is dry
Our pleasure you choose to fry

We made your vote rise
We risked our lives, some had to fight
Please remember your promise, do what's right
We have been in darkness, please turn on the light

If our economy continues to die
Should we hold the president or vice?
We have come a long way as a nation let's arise
Let's build a city I advice

Save our nation, give us our right
Don't kill our passion, don't keep us in the night
We all owe our nation our might
Together we will make the future bright


                                                                                            The cry of the African nation
2739  Other / Beginners & Help / Re: [Beginners Gudie for Crypto Scams] on: April 06, 2021, 07:07:40 AM
one has to be careful with their wallets and how the login to different devices with their details. Scammers are increasing in number and with this outbreak it would be advised that we all guide our details with caution. For me Authenticators would also go along way to safe guard wallets and it's contents. Transferring your funds to scammers who come with different formats to deprive you of your coin would be a very wrong approach to double or multiply your coin. Instead hodl your coin and apply patience to it you will smile at the long run.
2740  Economy / Trading Discussion / Re: I have found a good Trading Course on: April 06, 2021, 06:46:08 AM
For a novice I find the video useful. Getting the concept would require consistency and practice. We all have stories of how we started and where we started from. Market behavior could be funny and what was shown on the video might not appear the way it was taught on your trading account. Understanding the concept of each topic discussed would go a long way in preparing your for the trading days ahead. Welcome to the hood
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