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May 26, 2024, 04:42:17 PM *
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321  Economy / Exchanges / Re: Most straightforward way to swap XMR for Bitcoin on: January 15, 2024, 09:11:59 PM
- unstoppable swap (quick way)

Hi man. I think unstoppable swap is excellent, but I believe it works only the opposite way. I mean you can only swap from BTC to XMR and not the opposite. Are you sure you can buy BTC using XMR?

Unfortunately, we cannot. Not yet, at least.

"Due to technical limitations and the way the protocol works it is currently not possible to exchange XMR for BTC. This functionality will likely be enabled by the next hard fork."
https://unstoppableswap.net/
322  Economy / Lending / Re: I don't need anything to borrow but please read - newnie problems on: January 15, 2024, 08:01:28 PM
But i think this section have many spammers and scammers with newbie rank

I am not so sure this part of the forum actually has more spammers than anywhere else here.  But even supposing it did, I do not think limiting who can access this section is the right way to go, and  the whole point of this place is that it is free and open to all on equal footing.  So keeping some folks out amounts to unfair discrimination in my book.
323  Other / Beginners & Help / Re: Don't trust social media on: January 14, 2024, 09:48:25 PM
I was just shaking my head the other day when I saw a post from some scammer trying to make people feel bad for not trusting him right off the bat.  He was going on about how folks oughta send him money first before even thinking for themselves and  as if! It reminded me that with social media these days, you always gotta keep your eyes peeled for shady stuff like that, especially if youre new to cryptos and dont know the ropes yet. 

Anyway bottom line is trust your gut, guys and gals! Dont let anyone pressure you into parting with your hard-earned coins without doing your homework first.  We all started clueless once upon a time.  Stay smart and dont feel bad for applying common sense!
324  Economy / Trading Discussion / Re: What is your advised for being a trader? on: January 14, 2024, 08:50:40 PM
~

Trading is definitely a gamble.  Like you said, in just seconds you might make bank or lose everything you put in.  I would not tell someone to start trading if they didnt really know what they were doing or had done it much before. 

That said, trying it out with a little bit of money while you learn could work.  That way you pick up the skills without huge risks and  personally, I needed a few years before I felt comfortable diving in full force.  Of course everyone goes at their own pace when getting the hang of this stuff. 

In the end proceed with caution.  Dip your toes in first and see how it feels before cannon-balling into the deep end.  You dont wanna find out too late that you sunk more than you can afford.
325  Economy / Reputation / Re: What privileges does LoyceV have? on: January 14, 2024, 08:32:47 PM
From now on, I'll stop responding to rejected emails. If you haven't received an email telling you you're whitelisted after a few days, that means I've rejected you. I've sent the same email hundreds of times by now, and want to save some time.
Lazy and cunning ass. He made up an excuse for himself and thinks that he will avoid responsibility

Hahahaha! This is so fucking hilarious!  And what did you do? Who the fuck are you anyway?
326  Economy / Exchanges / Re: Most straightforward way to swap XMR for Bitcoin on: January 14, 2024, 07:42:42 PM
Hi, I have some XMR in Cake Wallet and want to convert it to Bitcoin and put it into Coinbase. What is the most straightforward way to do this? Am in UK which means not that many wallets seem to handle XMR.
Thanks

You can check this website for "The List Of Private DEXs". Many of them support XMR to BTC coin exchange.

https://bitmixlist.org/
327  Economy / Economics / Re: Financial education and why it should be a priority. on: January 14, 2024, 07:26:50 PM
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I still don't know why it's not been taught in schools up till now.

I think teaching kids about money and finance is important these days.  More and more schools get that, which is great and  I read that almost half the states in the US actually make taking a personal finance class mandatory before high schoolers can graduate now.  That was as of 2022.  And places like the Nordic countries have been on top of this whole thing for awhile - they want all their students learning the basics of money pretty early on.   

I am all for that.  These kids are gonna have to manage bank accounts, loans, investing taxes.  Schools should totally cover the basics so they dont feel so overwhelmed by all that stuff when they grow up.  Sure, parents can try teaching it at home too but most dont really know where to start.  Better to have a teacher lay it all out for them in a structured way in my opinion.  More countries should hop on board and make financial literacy part of the core curriculum if you ask me.
328  Bitcoin / Project Development / Re: Dice machine on: January 13, 2024, 08:42:49 PM
I come up with idea to build a dice machine that will mix the dice and have video camera broadcasting, so people would see that.

You think that would work?

If you mean designing an online casino with a dice-mixing machine and real-time video feed, then no, I do not think that would work.

While an online casino with a dice mixer and live video could seem more transparent, it unfortunately would not guarantee fair odds.  Even with random rolls and real-time footage, there would still be ways to game the system behind hte doors.  For fairness wed need more than just uncensored footage of the roll.  A site would have to open their whole operation to audits and oversight from stem to stern.  And even then, risk always looms when money is on the line.
329  Economy / Economics / Re: Useful side hustles to sponsor a BTC investment dream. on: January 13, 2024, 08:30:35 PM
I only compiled just four of some passive income skills or hustle that Bitcoin enthusiast or traders may need to assist them in owning BTC and may turn it into a career if done well.
~

Well, to be honest, I gotta say none of those things are fully passive income like you are asking about.  All that stuff takes some amount of work before youll see any money roll in.  You want something thatll make cash while you sleep, am I right?

Lemme think...  you could maybe buy some apartments and rent them out.  Thats pretty passive once you got good tenants locked in.  Or try staking some cryptocurrency and get paid just to hold it.  I have also seen folks make decent side money off dividend stocks they invest in.  And if you build an online biz that can run itself you can manage that from a laptop on the beach somewhere.  But even those ideas take hustling first before you kick back.

Id say true 100% passive income is tough to pull off.  Most things worth making money from need attention sometimes.  But with the right systems in place, you can cut down the effort a lot after the initial sweat.
330  Other / Meta / Re: Is this allowed?? Or could it be consider as spamming? on: January 13, 2024, 08:15:26 PM
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No it is not allowed since the content is not translated into the local language. Just report it to the moderators as "duplicate posting" with a reference to the original topic.
331  Economy / Lending / Re: I need a $30 dollar loan until march 20th and will repay $55 on: January 13, 2024, 08:08:09 PM
The money will be use to buy food only

This means the money will not be used to make other money.

When it comes to pay back, you will still not have any money.   If you do have some money, you'll prob buy more food.  :/

is stupid think i will not pay, you are telling me i will not pay isn't funny.
you not know me to say this, your comment isn't neccesary here

It is foolish to think that you will repay the loan. How will you get the money?  I mean, I do not want to be cold-hearted, but you said yourself  that you need money for basic needs (food).  so obviously you are not doing very well financially.
332  Local / Nigeria (Naija) / Re: Can we proudly tell people that we're Bitcoiners? on: January 12, 2024, 09:12:36 PM
You have to be careful who you tell about the money you're making.  Physical attacks are no joke.  It's best not to gossip to people about your weekly earnings and  the same thing goes for Bitcoin.  Some folks might want to know your business so they can try to scam you, or even forcibly take your assets.

I once made the mistake of bragging to an acquaintance about a bonus I received.  Next thing I knew, he was hounding me for a loan that I suspect he had no intention of paying back.  So keep your financial situation to yourself as much as possible.  Only share details with trusted loved ones.  And never disclose specific dollar amounts or account balances.  Its just not worth the risk of becoming a target.
333  Bitcoin / Bitcoin Discussion / Re: Bitcoin and his steps in nowadays integration. on: January 12, 2024, 08:51:42 PM
We need to find a way, to put much less opacity into our pubkeys.

If that is the case, seems we oughta use different pubkeys for each new transaction instead of reusing them.  What is the issue there?

Yes, the bitcoin transactions can be traced on the blockchain, but it doesnt automatically mean someones gonna find out all your wallet addresses straight away with a single shared pubkey alone.  Not if you know what you are doing anyhow.
334  Other / Archival / Re: Suppose you own a Bitcoin now. So what to do? on: January 12, 2024, 08:40:55 PM
In your country, what can you buy with 1 BTC? I'd like to see the nice things about your country.

If I own one bitcoin, then I will buy a duplex house.

Where I live, I could probably buy some land for 1 bitcoin if it was out in the boonies.  But nothing decent or in a good area of town for that little money.  As for nice houses like in your photo there, we are talking $3,000-$4000 per square meter.  So to swing that, Id need a minimum of 10 btc at today's rates.

Yeah, real estate be pricey here in my neck of the woods.  Nothing cheap, thats for damn sure.  But hey maybe if crypto really takes off, Ill cash out big time and build myself a fancy mansion! A guy can dream, right?  Wink
335  Other / Meta / Re: Did you notice something a little weird? on: January 12, 2024, 08:23:56 PM
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I am not really sure if it's a network issue on my end though I have a nice network connection or it's something you guys might have also experienced.
Could it be as a result of more traffic on the forum or something else?

This is not an issue with your internet connection. It is a technical limitation of the forum software. The forum's system needs time to process and update the total number of merits for each user. This process can take anywhere from a few seconds to a few minutes.
336  Economy / Lending / Re: I need a $30 dollar loan until march 20th and will repay $55 on: January 11, 2024, 11:08:53 PM
what is: You aren't in sig campaigns?
i can participate?

Signature campaigns are a form of paid promotion on the forum. You can find most of them in the Services board.  Unfortunately, you cannot participate in these campaigns at this time due to your low forum rank.

i have a account of paxful verified
check image above, recently uploaded

Accounts are not good collateral because they cannot be easily cashed in case of loan default.

See here what is considered a good collateral: [EDU] The Rule of "No Collateral, No Loan" - IGNORE AT YOUR OWN RISK!
337  Economy / Speculation / Re: Can Bitcoin Drop to Zero? on: January 11, 2024, 10:54:09 PM
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And what's the different between theoritical and practical drop to zero for BTC?

I mean, sure, theoretically anything can happen. We could face a nuclear catastrophe, our sun could go supernova, or an asteroid could collide with Earth and wipe out all life.  Or, Bitcoin could just up and tank to nothing someday.  But realistically that is not happening anytime soon.  For BTC to completely crash, some wild stuff would have to go down.
338  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: January 09, 2024, 10:28:19 PM
Hold on a second! But how do we know this Gary's account is not compromised?

Maybe the tweet about the fake tweet is actually fake itself?  Grin
339  Bitcoin / Bitcoin Discussion / Re: Breaking! Bitcoin ETF approved by SEC. on: January 09, 2024, 10:09:08 PM
This made me laugh! LOL!




@nelson4lov, please update the topic title so it is not misleading.
340  Bitcoin / Bitcoin Discussion / Re: Breaking! Bitcoin ETF approved by SEC. on: January 09, 2024, 09:56:03 PM
Man! The Bitcoin market is like a rodeo bull on steroids. Even a fake news of an ETF approval can send it bucking and snorting. Get ready for a wild ride!  Cheesy
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