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2721  Bitcoin / Hardware wallets / Re: Trezor standard v hidden wallet? on: May 13, 2023, 08:04:14 PM
What government surveillance and control are you talking about? If now trezor hardware wallet is considered a very bad choice, then it’s not even clear which wallet is considered a good one.
They have partnered with Wasabi, who pay the blockchain analysis company Coinfirm to surveil their users. Trezor have not been a great choice since their unfixable seed extraction vulnerability was discovered, but given that they are now pro-surveillance and pro-censorship I don't think anyone should ever buy a Trezor device again.

The best hardware wallet on the market right now in my opinion is a Passport.

Well I have not used any of the above mentioned wallets except Electrum, Trust Wallet and and Binance exchange platform wallet. Someone made a recommendation of Trezor hardware wallet  but from what I am seeing here, I don't think it is recommendable to use it again.

m2017 don't take one particular object as the best because production of things are differ. So if you didn't take Trezor as one the best, there are others that can still take that position. Though knowing the secret of all those devices is the best. It is today that I am hearing the name passport as wallet again. That is why forum is a good place to learn.
2722  Economy / Service Discussion / Re: BlockFi files for bankruptcy protection. on: May 13, 2023, 07:49:58 PM

Crypto is indeed very very risky.
I don't think bitcoin is that risky at all, especially when compared to ever-more-quickly imploding fiat. Buy bitcoin peer to peer, store in your own wallet, wait. Simple and safe. What is risky is handing your bitcoin over to a bunch of complete strangers because they've promised you a gazillion percent gains.
o_e_l_e_o you have said it all and also said my mind. I don't why people are saying that investing in bitcoin is risky. Me, I didn't see any part of risky in bitcoin. Except the price which is in constant flustration. If you buy bitcoin in the bear market and you must expect it to be sold when the market goes up but along the long run for about two years plus, the price might even come down to a very below to the amount you purchased it. And at that time you became afraid that you might lost your coins. Even at that , it is not a risk but just a fear and impatient.

The risk that is involved in bitcoin is your the investor's thinking and  behaviour and not bitcoin that is risky. The mentality of the investor is the cause of everything.
2723  Bitcoin / Bitcoin Discussion / Re: Internet is one limitation of bitcoin on: May 13, 2023, 07:22:45 PM
There are alternative options, although they will take a bit of time and effort in order to set up and use.
That was is a very good idea but getting the Satellite Dish and subscribe to the server before using it will be costly. Not everyone can afford it. In 2011 I was using one and only the subscription was $200 and now that things are costly, it will be even more than that.

The easiest way to stay synced with the network without an internet connection is via Blockstream Satellite. It is possible to repurpose any old satellite dish in order to do this.
The alternative way of using satellite is good but not everyone can get it as I said. Using satellite dish for internet is for the average family or if any other lower people decide to use it for business purpose the it is okay. Satellite Dish is very good for internet business.

In order to broadcast a transaction, you need to get it to someone with an internet connection. This might be someone who has bypassed government restrictions, or maybe someone who lives near a border and can use the connection of another country, or someone outside your country altogether. You can get it to them via a mesh network such as goTenna, via SMS, via radio, or any other way you like.

That is another good idea but you have to pay the person for service rendering. You can discuss with the person to pay daily, weekly or monthly. So that the person can add it up to other funds to subscribe the internet.
2724  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: 🎲 UBET 🎲 sports betting platform ❤️ Try out web3 decentralized sports betting on: May 12, 2023, 04:20:25 PM
Well one to the forum. If you need more visitors in your website and increase the participants in the site I will advise you to meet a manager and create a campaign to make more advertisement so more people will be aware that your site is also existing in the forum.
Sport betting is one of the best game in the casino ecosystem world of gambling. Therefore all depends on you now whether to hire a manager or you want to do it like this way you are doing. All your choice. Use this opportunity to explore the forum to a maximum way.
2725  Alternate cryptocurrencies / Service Announcements (Altcoins) / Re: Purebet.io - The first on-chain sports betting aggregator on: May 12, 2023, 04:11:01 PM
First of all let me welcome you to the forum. I like you ANN thread but you have to add some images to make it original. The site is good but "The Exchange " name should be changed and place it with another name. Because when I entered the site the inscription says it is built for bettors so I don't know why the exchange is there. When I saw it, I was thinking that it is for cryptocurrencies exchange platform until I clicked on it to the down drop menu which wrong.
2726  Economy / Reputation / Re: 5 Years, 5000 Merit and 7000 Posts. on: May 12, 2023, 03:37:00 PM
The fifth anniversary with 5000 merits and 7000 is worth celebrating. And that mean you are good poster that contribute a lot of things for the development of Bitcoin and the forum. I congratulate you for this huge amount of merits and posts. In your next anniversary, you will celebrate in the bigger way. Five years is not an easy journey in the forum with such achievement but you made it as easy as posting. From your story of achievement and other users achievements, I came to the conclusion that almost all the local boards we have such users.
Keep the good work. Congrats
2727  Local / Nigeria (Naija) / Re: $800m Loan to take pay 5k for six months to Poor Nigerians. Wetin Him dey tink? on: May 12, 2023, 03:16:57 PM
Nawaoo!!! Weti dey happen in dis kwantri? Why Buhari dey do dis kind thing na. Buhari na bi di real enemy 4 dis kwantri ooo. As im come board na so everything just changed from good to bad. APC government is not for di well being of di Nigerians but for suffering for the Nigerians. I no see any reason of taken another when di kwantri debt profile over flowing. Who go come save dis kwantri 4 us again?
2728  Economy / Speculation / Re: The price of bitcoin is not rising soon!. on: May 12, 2023, 02:10:13 PM
The movement of price index has clearly show that the price will not rise this year,
If the price is on the $29k to $30k it would have been better but now the price coming down again to $26k. Everything in bitcoin now is confusing but everything will be fine.
is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.
The drop of bitcoin is more than a year now. It was from last year April that the price started dropping. Government has nothing to do with the price of bitcoin. The only thing no will say is that, heavy weight whales are withdrawing and that makes the price like this.
2729  Bitcoin / Bitcoin Discussion / Re: What's the fate of BTC payment now on: May 12, 2023, 01:43:10 PM
For the first time since 2022 I have officially put an end to Bitcoin payments on my business until further notice, I have gave few people some discount advantages to spread news about Bitcoin and now I am not so sure anymore, I can't even afford $5 per Bitcoin transaction, and also my customers that are surety when it comes to Bitcoin payment have all halt.

Ordinals looks like it's here to stay, I don't believe that Ordinals is like ICO because they are different. And Ordinals came in a bear market, imagine what this will do to Bitcoin in a bull market.

Is there any business owners accepting Bitcoin still? How are you doing it? Is there any way to go around this? I will appreciate, because I don't want to stop accepting Bitcoin, I have my long term plan and accepting Bitcoin as payment have helped so far.


Op the transaction fee of bitcoin has come down so your business customers can continue the payment method of bitcoin. The fee price as for now is 0.00002963. the only bad news right now the price of bitcoin. Bitcoin price right now is $26,400.
You giving discount for bitcoin payment can't spread the news of bitcoin but can only give the news of your business. With the transaction fees in bitcoin, you can't give discount on bitcoin payment but you can give a bonus. Your bitcoin acceptance business is not clear to me. The thread is looking for another thing here.
2730  Local / Nigeria (Naija) / Re: Wetin go happen to our stored Bitcoin, if Nigeria release her ban on: May 11, 2023, 10:11:45 PM
I have always looked forward to the day that Nigeria will call off their Bank ban on crypto, but I fear that the value of our stored Bitcoin will reduce.
Guy the value of your bitcoins will never reduce. Bitcoin unit never reduced but it is the fiat currency reduces. If you keep bitcoin of 0.009 BTC in wallet for 10 years and if you go and check it the unit would never change but price of bitcoin might change.

What I mean is that, the price of dollar or usdt in binance or other exchange P2P is roughly #743 but the official price of dollar/Tether if we buying via bank is lower but the ban on crypto in Nigeria has ruled out using our local banks.
I didn't get this part but if I may get little idea of what you are trying to say is that you are saying about the price of bitcoin. Well as I said before, bitcoin itself does not change but the price changes.
2731  Economy / Trading Discussion / Re: What your opinion? on: May 11, 2023, 09:42:10 PM
Your prefer choice is trading. Even as a beginner you can trade but have to be careful and use only what you can offer to lose and when it happened it will not pain you. You have to trade with a very small amount of money at the beginning then you can increase it when you improve on the trading. As a beginner of the trading field, you have to learn very well first before entering the market if not you will lose all you cash and lay blame on people.
You can also leave trading and focus on investment where there is less risk. You only buy and monitor the price and sell whenever it goes up.
2732  Economy / Trading Discussion / Re: I don't know if am right or wrong about this. on: May 11, 2023, 09:33:06 PM
I don't know why you are even uncomfortable, or you don't want to tell anyone about trading before? You supposed to be bold and sound to tell anyone who wants to hear and learn because trading is not a personal business and it is a general business which means anyone who is interested can go into it without fear and treble.
You are not investing  for him but you are only telling how to invest so if he is interested to let do that after the class. By you saying you are uncomfortable, you were not willing to teach him. You have to be in the comfortable zone to teach the step so that the awareness will go far and it will not stagnated in one place. If you are facing the risk and conquer it then any other interested person can also do that.
2733  Economy / Trading Discussion / Re: Can Bitcoin trading be my sole source of income? on: May 11, 2023, 09:07:37 PM
Yes it is possible for depending solemnly only on bitcoin trading for a living. Bitcoin trading is a whole time business in which people can be engaged. But you don't have to resign from your government job. Since trading can be done at anytime and anywhere therefore you do your trading even in the office in your working place so there is no limit for that. There are many people that are here that doing the same thing here.

If depends only trading and the day the market do not favoured you, what will you do? So keep the job running because trading is unpredictable and risk.
2734  Other / Meta / Re: Imgur images suddenly became invalid? on: May 11, 2023, 07:35:15 PM
Base on your question let me said your images was written invalid in the bitcointalk because the image has been removed from imgur website. This made me to do some research on the net and I found out that Imgur to ban explicit images and delete uploads not tied to an account, then if that is the case bitcointalk forum users should use alternative mean of uploading pictures here. Images here is needed to be permanent to be viewing whenever the thread has arrived.
2735  Local / Nigeria (Naija) / Re: Which cryptocurrency payment/exchange platform allows domestic payments on: May 10, 2023, 08:31:22 PM
The topic is some how complicated to understand. By the way, the only domesticated exchange platform which I can still vividly remember is Remitano because in Remitano you can sell your coins directly to the remitano Nigeria account before transferring it to the local bank account. And the only reliable exchanges that I know in my locality are Remitano and Binance but I have not seen that feature in Binance.
2736  Economy / Economics / Re: Are you ready to spend crypto when market is down on: May 10, 2023, 08:06:29 PM
Hello Everyone,

I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token.  Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?

If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?


We have been spending even when bitcoin and other Cryptocurrencies are in the downside and that time the transaction fee was still small so you won't to bother to so your transaction freely. But for now it is the transaction fee that is the problem and not the price of bitcoin but the transaction fee. And because of the fee people just stocked theie coins there because they don't want to lost the big amount of bitcoin.
2737  Economy / Economics / Re: Are you Spending Money the Wrong Way in Pursuit of Happiness? on: May 10, 2023, 07:57:09 PM
Op I strongly disagree with you in some of your suggestions.
Money should make you happy but if it doesn't then you are probably spending it the wrong way.
I don't think this your statement is correct. There are sometimes one spend money in the right direction and go home find himself angry because the money is not enough for in to buy another things. He is sad because the cash was not enough and not because he spend it in a wrong way.

  • buy more experiences and fewer material goods
Op I have not heard this your phrase in the verbal phrase and in the idiomatic expression. One can only buy materials to acquire experience and not the opposite.

  • use your money to benefit others rather than yourself
I smile!! Can you do what you posted? The Holy Bible says,  do to other what others will do to you that you not be angry.

  • delay consumption

Remember you can't kill yourself with hunger and you have to eat to survive. So if one delay the consumption rate then the person will definitely have issues in the society.

2738  Bitcoin / Bitcoin Discussion / Re: Adopt Bitcoin or keep Experiencing same Challenges with Banks on: May 10, 2023, 07:36:52 PM
Adopting bitcoin is good but having the experience on the issue at hand is not good recommendation. And these are some the risk involve in the asset people were talking about everytime. As it is now Fiat banks are more better than bitcoin because of the high transaction fee which users can afford but the fiat bank did not charge as bitcoin does for now.

I know people would oppose this but how many people can withdraw their coins now from their wallets? They are just few because of the fees. Though what is happening on the bitcoin ecosystem also happened in the banking system. So there should be no blame game in the matter.
2739  Local / Nigeria (Naija) / Re: Enquiry on software/website on: May 09, 2023, 02:37:30 PM
This is a Ponzi Scheme created by we boys to scam us again. I don't believe any of the following information im the site.
Quote
Registrant Contact
Street:2229 S MICHIGAN AVE SUITE 303
City:CHICAGO
State:ILLINOIS
Postal Code:60616
Country:US
Phone:+1.2563740797
Email:Select Contact Domain Holder Link https://www.sav.com/?domain=cstcmine.com
they use those information to make real do people will not suspect them. So anyone who is investing in that platform should prepare him or her mind to loss out. Well the first vistors or customers will cash out as Cantsay said. They will make it to look like legit but I tell you it is not legit. It is just a scam. They can even keep this website plus the app running for about six months. And when they have gathered enough customers, you will begin to see network problem, withdrawals  problem, and site maintenance will be starting. And once those thongs have started then you will know that they want to run away with the peoples money. So I will not advise anyone to invest in it and also tell your brothers and sisters to avoid it and any other ones.
2740  Local / Nigeria (Naija) / Re: Presidential election tribunal on: May 09, 2023, 02:14:14 PM
All those judges there that you have listed have been bribed and they are all corrupt. No good results will come out from this Tribunal. My faith is on God and not on those judges. The whichever way they like to do let them do it. My hope is not on the government any more so I am not interested in Nigeria Government and Politics. They clear cases in this Tribunal but they will not judge the right thing but will do the contradiction of judgment. And that will cause double jeopardy.The best way to end Nigeria problem is...
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