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July 10, 2024, 04:11:46 PM *
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2901  Bitcoin / Bitcoin Discussion / Re: Some Factors That Determine Prices of bitcoin on: April 15, 2023, 05:56:38 PM
To some ways those might be real but not facts. We, if not all know some of the reasons why the price of bitcoin is flustrating. As you said the demand is one of the factors that cause the bull market. And if the supply is high then the price of bitcoin will come down again. These are the two major factors that affect the price of bitcoin, but from what I discovered, p2p can also inflate their price base on the general market. As it is said by others, the price of bitcoin is unpredictable and can not be predicted.
2902  Bitcoin / Mining / Re: How much do I need to start mining? on: April 15, 2023, 05:30:32 PM
I know huge capital is required to meet up huge financial expectations, what's the minimum volume of income one can use to start mining? In a situations where you trade with different strategies and still hits wrong targets, if you apply or use same trading knowledge for mining won't one still loss in mining too? Because I don't have enough money with me, so am trying to cut losses if mining too will not favor me I will decided to venture into mining too again.

Can I start mining with $300 and grow from there?
Mining is one of the profitable investment in the crypto world. But before one can mine, he/she must have the necessary equipment to start the mining. The capital amount to start is just a secondary plan. Once you have the devices to start then you can use the $300 to start the mining. To get ASIC device will cost you more than that amount you have said.

But you can attached yourself to someone who has everything and follow the person to mine then when you have enough to start on your own, then you can start it with the amount you have gotten.
2903  Bitcoin / Bitcoin Discussion / Re: Twitter plans to offer buying and selling of bitcoin and other cryptocurrencies on: April 15, 2023, 04:22:24 PM
All the social media in the internet, Twitter is the one I don't like. It suspend account without any course, I am really tired of using Twitter. Twitter can not buy and sell bitcoin because the way they are suspending users account without offend is worrisome. But if they can fixed that and adopt bitcoin in their exchange rate then it will be okay for that.
2904  Other / Archival / Re: What's your impacts with bitcoin? on: April 15, 2023, 04:06:11 PM
I didn't get you well. That means we should create threads for all the helps we render on the street every days. What is the connection between what you did and bitcoin? Or do you think astray Merits will come from somewhere? For the appreciation of the helped. Even the looks fabricated. You helped a beg on the street with the sum of $200 and not only that you took the whole family to shopping. Well I applaud you for the good work. Thanks you for touching life with your wealth.
2905  Economy / Trading Discussion / Re: Day trading is perfect work for jobless peoples on: April 14, 2023, 04:49:47 PM
In life there are many peoples wants freedom and this is available in day training and not any restrictions that whenever and wherever you want to doing work
If we thing about that are in enjoying with your family there you are also allow to work as well and also enjoy
Also freedom from your Boss.
Jobless does not mean that the person is not doing anything extra to feed himself, jobless means probably the person is not working in government firm or private organization but he or she has works to do for survival. If I may put it in this way, day trading is meant for less busy persons and not jobless people. As it is said earlier, who is jobless is unknown.

Trading is something that needs focus and concentration and jobless people as op put are the frustrated people in the society so they might not do well in the trading business. But those who are less busy can perfectly do the trading and relax.
2906  Economy / Economics / Re: Without government job we can survive on: April 14, 2023, 04:36:59 PM
In economics there are three elements which one of them is always leading in every society. The E is Employment. Government uses this to disappoint job seekers, and people are still ignorant of this Element. S is for Self Employed. If 95 % can create jobs for themselves then the out cry of jobs will reduce. And the last one is I and it is Investment. The last one is self explanatory. In the medival era government was creating jobs for citizens, because they where industries everywhere. But in the present days government is not ready to create jobs and employ. So everyone is on their own.
2907  Bitcoin / Bitcoin Discussion / Re: Bitcoin is racist on: April 14, 2023, 04:22:35 PM
BTC investment is different from other fiat investment because, once you miss the time to buy BTC and you buy it in a bull time it will be difficult for you to earn well from your plan. I don't think, BTC and altcoins can create financial damage in a society because is not a centralized currency that is be control by government and it pump when it is time to pump for those that bought when the price is low to start selling to make a good profits. If you can sell your coins in the bull market, I guess you will achieve a lot from your investment in the community because, it is the best way many investors use to win big income from the market.
Apart from Investment, even trading has time to buy and sell. There are minutes and hours set to buy and sell in trading. And once you pass that stipulated time you can not buy again and sell again.
And also seen the OP Topic, bitcoin is not fully racism but to some extent. Why bitcoin is not racist yet because it cut across the whole world and everyone who come across it can participate. Therefore it is liberal and welcome all to it. And why I would also say bitcoin has an element of racism because bitcoin moves with dollar. Bitcoin payment is determined by dollar rate and not Fiat currency exchange rate.
2908  Bitcoin / Bitcoin Discussion / Re: Federal government and banks are threats... on: April 14, 2023, 04:07:13 PM
Government is good office but leaders involved have different motives, right now federal government order banks to trace any crypto related accounts in my country and block it. The banking system usually feels threatens when huge capital is withdrew from the accounts. But i real deals here is the government are afraid of citizens having independent living source.

Government loves to impoverished its citizens, a young Nigerian's account was  seize containing N2.5 billion, as bank ought the account to be related with crypto transactions. This is more reason while they're many bans from wicked government who refuses citizens financial rights.
The mindset of the leaders are always corrupt, they have not thought good for the citizens but only hardship. Bitcoin is not a threat to the government or the authority. But they don't understand bitcoin that is why they are having issue with the users of bitcoin. The government is ignorant of the system and the ICT team in government is not given the government good information instead feeding the government with fake information with data which misleading the government to take obnoxious laws and policies. I blame the ICT unit in government because they know the truth but they are not telling the truth.
2909  Economy / Services / Re: [OPEN] Utopia - P2P Ecosystem 💎| Signature Campaign | Sr.+ on: April 14, 2023, 10:48:23 AM
Hi everyone, thank you for waiting the Bitcoin payment for week 11 have been processed but the CRP rewards will be distributed tomorrow. Thank you for your understanding! I will be posting here the TX ID's once received from Utopia.

Edit: Week 11 reward TX ID
Quote
bc1qye95tzxt5yrxkpua902yw2ajlcljxut834ytu7   https://mempool.space/tx/d38ac2d00c19832d59a3b8473de738ac9f91faba2d3c337b010a23831f2246c3
bc1qmhak5s2d889cyqhedgw4sgmudgafhtwl5fhnj5   https://mempool.space/tx/65c08b5c02c9934ac4093c91719424688694c35fb1cbe3351e71a890cd5e6ebf
bc1qvpmd0ax99vvzvvvlpenu9yg0fcklaxg0ctey3m   https://mempool.space/tx/245126cb0eb0cd794bf49597493464eaaee71f610b455279c569ed3fbf6dedd0
bc1qa00kls4py3l2axjtmt7pa2kxaza9rj9tej44qc   https://mempool.space/tx/1333b2fc4a50c1484641619595302fd9f07c6cdb77962e12795b4e230d70009c
bc1q28xvl9ahnzwa87wv8tec09fxwsqd8wqvfk8qz7   https://mempool.space/tx/ae2a12d6cf2c63e3af2e09b55d1e38c6eb1f70395c3d12f44c6fb571f8bc596d
bc1qcrgxkvl8hvlp9r8nue0t8wckpqts3f9zw8nkue   https://mempool.space/tx/00f96096540d996a50489a3aa06aa7528ca1a061b489183bdc3a0a3599eb7f85
bc1qrpnvjgwklrwyg6jvejsq7dalrsk898qs6tfaw0   https://mempool.space/tx/84c51627fbf1fcfe269b66295f4e082d0ea94228b52acba37c5a1a5f27043713
5E3DB2219B0BC49BB9D2783AB5A4823ED6E44ED39AE711C194118D7AFC04ED5F   0HHHCSVKPPQIG
1BCF27E64767AEA22D4B55209169DB5A3A1B810237AF99B67DD1932091CC5E24   04JNG7ATB927Y
5D852BE915E96509E472BE08B0FA9443C7A5454AAD41813A6A9C28979F193017   0N6VSTMDSDWAF
154FD0AABC499704036422F452E9A3B8C0B49B8A77ECC8715A4E5B10B656C357   00M2IWTKZZXJ8
E29DC63E57923D269E9A2DDA1FED4FC9869838E1EFBDAE007EA7B8B638F10C21   0XOBCF0KMCI0U
641B48429754FC76ED12F2DD407BC1ADF793E1995CB6F27D94BB5F520144C349   0HBJN27ZFXVAQ
I have not received mine
2910  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: April 13, 2023, 11:48:04 PM
USA dollar is one of the cause of the inflation in orh countries. The more USA dollar rises up against other currencies in the  world and it creates more cost of living  to the citizens in the world. Therefore, if the USA dollar goes down drastically then prices of things will also come down for the buying and selling in market commodities.

But I discovered one thing this day that USA dollar is getting devaluation in various countries. Like my country the dollar exchange rate is depreciating.
2911  Bitcoin / Bitcoin Discussion / Re: bitcoin is a light on: April 13, 2023, 10:21:26 PM
OP if I understand you, what you are trying to say is very correct. If the person is blessed with bitcoin, then there is no need to convince anyone to accept bitcoin but on their own they will adopt the ecosystem because they have seen their friend or relative blessed with bitcoin. The best way to progress in bitcoin is patient and hard-work. And what you have to do is to buy more and keep for the next bull. The more you buy and keep is the more you will make in bitcoin. Therefore continue the good work.
2912  Bitcoin / Bitcoin Discussion / Re: Because of the love I have for bitcoin on: April 13, 2023, 09:56:42 PM
Well done for the good job done. Before I checked you posting history, I noticed some key words to be a Nigerian and when I finally checked the post history I confirmed it. You have done well for teaching your colleagues but if you want to enjoy your bitcoin journey I will not advise you to ask them to invest. "Experience is the best teacher". The risk that is there in the Investment is unspeakable. So be careful of whatever you are doing.
2913  Bitcoin / Bitcoin Discussion / Re: Bitcoin Bear Market on: April 13, 2023, 09:17:44 PM
As a newbie you need the bear market more than the bull market because the bear market is the only market you can buy and store. Because if you didn't not buy it at the bear market then there is no way you can buy it in the bull market. Now if you buy it in the bull market then when will you sell it or use it again.
You can't buy it in the bull and still sell it in the bull. And the same in the bear so the best time is the bear to bull.
2914  Economy / Gambling discussion / Re: do you lose on slots? on: April 12, 2023, 07:56:16 PM
Slot games and spin game are designed to drain gamblers accounts. The way I look at it these two casinos are just for fun and not to win for income. I went to a hotel bar then there was a game section so I went to just have fun but was also hoping to cash out small chances from the game to my own surprised I was drained to the core and I came back with empty pocket. I really don't know how people are winning bin this game. The game is difficult to play though there are some people that expert on the game. But as me I have not win the game in any day so I am not interested to play for now but might try again later.
2915  Economy / Speculation / Re: Where next for Bitcoin: $20K or $50K? on: April 12, 2023, 07:32:04 PM
The prediction is still going on, last week bitcoin was in between 27k-29k and coming to this week it has entered 30k but people predicted that this month it will enter 30k and come down to 10k again after the slide rise of the market but the movement might not come down again to 10k and before this year will end the market, might climb up to 45k. But in normal sense bitcoin price is unknown. Nobody knows the next second movement of the market. Everyone can just give a guess work. Some people are saying that the bear market is over well I will not argue with them because everyone has their own prediction.

When bitcoin was 16k there was a time it increased to 26k and still came down to 16k again. And since I understand the market I was not bothered.
2916  Economy / Economics / Re: Quit borrowing on: April 12, 2023, 07:22:21 PM
if care is not taken this can turn into a habit capable of making you a debtor all through your life, which is very bad, and as such you simply can't save a penny, because you have no money of your own. And that's why It's always advisable for people to try to live according to their means at all costs.
However, there are certain things I feel it's okay for people to take loans for;
1. Loan for medical emergency (i.e involving life & death)
2. Loan for educational emergency
And not taking loans to do weddings or celebrate your girlfriend's birthday, which I see to be the most stupidest reason for anyone to take loan for.
There are some people that are addicted to borrowing, those people can not stay without borrowing. So even this warning from OP to them to stop borrowing will enter one ear and escape from the other ear. From my own personal research, the 95 percent of nigerian Civil Servants are heavily indebted by their various banks because ill payment to their services. Many of them use loan to build their houses and started paying loans throughout of their life too they retired in the service and some of them continue paying the debt in the retirement period.

Taking loan for medical reasons is not good and also taking loan for educational purposes is not good as well. One is advise to take if he or she want to use it do business. So that you can pay back without stress.
2917  Economy / Economics / Re: Does People Really Care About Decentralization? on: April 12, 2023, 07:11:00 PM
Decentralized and anonymous are different.

Decentralized means you don't want to be controlled by the government or any other central party. While anonymous means you're don't want everyone know your identity including to be controlled by the government.

If you want to being complete anonymous, make sure you never create ID card, driving license, bank account, don't go too school, don't work under someone company etc because you need to submit your identity Tongue
You got a point because cryptos are decentralized but some of them are not totally anonymous. Again in crypto, there are now regulations (KYC) that are being put in place. This greatly exposes the identity of the people. It's still up to us if we will comply with it or not because there are still fully decentralized sites out there which we can use.

Governments can't totally control the entire crypto world. This is why they are butthurt about it. The last thing that you said is hard. I can't imagine how can someone live or survive without those when those are essential in our life. It's okay to not submit your personal i.d online but we can not avoid it in real life.
Any coins that not decentralized is not a cryptocurrency, that is my view point. Even they are classified as alternative coins but I place them under the category of CBDC. Cryptocurrency is not meant to be centralized and controlled by any authorities because the would control the coin to the extend that the coin can't grow but it will die. As awhead999 placed it, the two different are clear for every bitcoin users to understand. Bitcoin users are unknown because the project was created to be so and decentralized. I think the two are working together.
2918  Bitcoin / Bitcoin Discussion / Re: Today is the story of my investment in Bitcoin on: April 12, 2023, 06:42:50 PM
But as I explained, if rates are not good enough and you are not having good income its best to not buy Bitcoin with a loan.
You are right, Investing in Bitcoin by borrowing is not really a good. Because investing with debt, Bitcoin has the potential of not only profit but also loss. Now if you borrow and invest and suffer a loss, how do you repay your debt? According to me, if one has accumulated wealth, then it is better to invest for him.
Investing in bitcoin is not something you reap in the following day or week, so if one take loan to invest how does he plan to back the loan. Though there are some loans that the lender or the lending company gives to the borrower to pay back after 3 to 4 years but those loans interest rate is very high which you might even used everything you got from the investment to pay the loan and at the end you loss out. And that is no capital and no income. You invest for the lender and not for yourself. So that is why people are advised not to borrow and Invest on bitcoin because the risk that is involved is very high. But if the you have alternative ways to pay back the loan on time then you can borrow and Invest.
2919  Local / Nigeria (Naija) / Re: Security Alert on: April 11, 2023, 07:49:59 PM
The same thing happened to last month, I saw an advertisement on PAGA POS and the equipment that follow the purchasing of the device was attracted, I pm the page and they send me a WhatsApp number to follow up the registration process which I did. The first instruction was to download PAGA Agent  App from Google Play. Which I did, then I have to deposit 45k and screenshot the amount that is inside the account and snt to them with the username to begin the registration. Before I know I got OTP and he said I should send him the code to unlock the POS, I said no, the POS must be open in my front and when I tried to login to my account, PAGA company suspended the account for like 30 minutes because of over attempt login without success. I became to notice that they were trying to hack my account and took away with the money but PAGA was also wise enough to locked the account for over attempt. And I told him he that, "He was just trying to hack my account, it wouldn't work" and this guys didn't allowed the 30 minutes suspension to end as the 30 minutes ends I trying to login another 30 minutes again for about 5 times and I over smart them and login and transfered the money to my first bank account, and told them that they failed band the guys accepted it.

So be careful with your OTP.
2920  Other / Meta / Re: Making new messages more obvious (SMF patch) on: April 11, 2023, 07:13:29 PM
The correct message sign seeing when message entered the inbox is okay, I am not saying you should not changed it but there are lot to do. PG there are many things to add in the forum standard tool bar which includes, showing the total post, activities and the Merits at the right side on profile Avatar then merit and reply notification on the tool bar instead instead of recreating the already existing ones, create the news things to have more beautification on the forum software.

Though things like this everyone will have their own opinion to the subject matter because here we are talking about the development of the forum and not making the forum to be stagnant. This is a very good progressive development but what is necessary right which I know is to create the new ones to the already existing ones.
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