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321  Alternate cryptocurrencies / Altcoin Discussion / Re: Where did u put your Money ? on: February 22, 2024, 07:58:40 PM
If you are investing in altcoins you don't have to invest for short term but long term investment so that the dip you will buy will be a good profit for you in the years to come.
Investing in altcoins for a long term isn't a guarantee that you're going to make profit no matter how long you have to wait if the coin doesn't have the potential to gain value to bring ROI to the investor then it's all a waste of time. More importantly altcoins are not advisable for a long term plan but rather they are much desirable for short term investment if you're lucky to decipher a coin with a growth potential.
322  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum price approaches $3k on: February 21, 2024, 10:03:24 PM
There's something about News in this crypto industry, it has a way of affecting the market specifically a coin the news is designated for, and the rise of ethereum to 3k is not unconnected to the spot ETF as rumored to be approved by at most may this year. Same thing happened with bitcoin at the peak of approval of the bitcoin spot ETF and later there was a price correction and I think it could be same with ethereum price experiencing a correction after this 3k rise due to the ETF news.
323  Alternate cryptocurrencies / Altcoin Discussion / Re: Quick profit is the only reason why we invest in Altcoins on: February 21, 2024, 09:27:47 PM
Almost all of crypto investors are there for the making of profit and that's why they are invested in crypto and this doesn't exempt bitcoin hodlers as much as it on altcoins investors. But the difference between those invested in bitcoin is that they do this with a long term investment plan unlike altcoins 99% of the investors are in to hit and run ASAP that's why we find it hard to see most of these new generation coins surviving after a little period of launching, as it get launched and makes it maiden rise almost all investors invested in it take profits and capital and the next result is an imminent dump
324  Local / Nigeria (Naija) / Re: Forex Crisis: FG plans to clampdown on Binance, and other crypto exchanges on: February 21, 2024, 08:43:41 PM
I just got a notification in one of the news outlet that Binance has accepted to work with Nigerian government to clamp down or Naira to Dollar dealers , which is the p2p aspect of Binance.

This was contained in this article by Peoples Gazett : https://gazettengr.com/binance-confirms-working-with-tinubu-govt-to-block-dollar-naira-exchange/.
This is apparently one of the many defects of centralized exchanges why we encourage cryptocurrency users to never to bunk or take them serious with your bulk asset there. Imagine how they without hesitation succumb to the whims of the government at the detriment of their customers. Truth is the don't really give a f*ck about us come may whatever policy from the f*cking government.

But the joke is on binance anyway, their customer base will be affected negatively as many Nigerians now will be scouting somewhere in another exchange platform for the Naira-Dollar p2p service. The Nigeria government should focus within for the solution of their economic problems now impacting negatively on the naira and stop intimidating exchangers for the results of their own poor decisions over the years.
325  Local / Politics and society (Naija) / Re: Is this ideal? on: February 21, 2024, 01:54:52 PM
EFCC arrests Abuja BDC operators as naira nears 1,600/$
They are looking for solutions, they resorted to a temporary solution as usual. This will solve nothing
The immediate past administration and this very one have always resorted to action that are laughable to the knowledge of economists when they hear about this moves because these are not the problems to the fall of the Naira value. It's all a goose chase that clamping down on BDC is one of many resourceful actions that the government could have taken to tackle the Naira to dollar issue. I am poise to ask sometimes who are their economic advisers and where do they acquired their degrees from because is stupid doing same thing and expecting a different results.
326  Alternate cryptocurrencies / Altcoin Discussion / Re: Seeking Advice ‼️ on: February 21, 2024, 01:39:57 PM
Hey everyone! I've got $1000 to invest before the next bull market kicks in. Should I spread it across five different coins or go all in on just one? What are your top picks for either strategy?
Just $1000 and you want to spread across many coins in anticipation of the bull run what do you think could be your ROI with that amount spread. Two things involved are that; firstly you might spread major part of the money into  bad coins and not make any profits eventually, secondly, you instead devote the total sum to bitcoin and hold for long not only for this bull run but one after this and make your profit wild.  Right now with all the tension in the market it's a highly risky period to spot out altcoins with potential to grow value except you want to hold on to ethereum which is the only altcoin I can advise a newbie to hold on to for a while.
327  Alternate cryptocurrencies / Altcoin Discussion / Re: Cardano vs Ethereum on: February 21, 2024, 01:30:19 PM
Now the question should be which among this two altcoins is the vanguard of altcoins, Ethereum, right. And Ethereum didn't just attain such feat overnight there are performance it has given the user+base over time which I believe Cardano is yet to get close to despite how Cardano has been doing great in value recently. If you ask any cryptocurrency user that aside from bitcoin what other coin can he comfortably hold for long perhaps for the next 2 years or so without fears, the conviction is that almost every one will go for ethereum. And they will have many substantial reasons for that.
328  Other / Off-topic / Re: Do you feel excited while gambling on: February 21, 2024, 01:04:38 PM
From my little activeness over here in the forum and my involvement in gambling I have been seeing some changes in me and it's gradually beginning not to please me anymore I don't know If I will say I am becoming too emotional with my funds but sometimes it's very painful to place a bet for about 2 to 5 consecutive times no winning and this is what is beginning to me make feels sad. I know is a game of luck but sometimes whatever we do and not feels happy we should try to quit it.
Why get too emotional about it, like don't you have other means of enjoying your time I mean with family, friends or acquaintance. You're getting too emotional that's because you're giving so much of your time to gamble, try and share your time as you won't only be saving self from being too emotional therefore leading to addiction but also be saving money you're currently losing due to the number of times you do gamble a day.

Moreso, I think you're feeling sad at each loss not just because of the amount of money you lose but because you placing too much expectations on your bets and that's it's in your disappointments that your sadness is emanating from. I think you should take a break to rediscover your purpose for gambling and how you have to manage every outcome.

329  Local / Nigeria (Naija) / Re: Nigeria and the Current State of its Economy on: February 20, 2024, 10:23:16 PM
I will like us to discuss broadly on any of the possible highlights i will be dropping below and give our own opinions on the about the current state of the economy.

1. Will a massive and national protest not emerge soon like that of End SARS, as the people were getting to their elastic limit on economy hardship.

2. There's no plan on increasing the employment rate and minimum wage, what will be the effect of these on the country leaders of tomorrow.

3. Are we having an incompetent leader or the people around him are the ones causing the uproar for their own benefits, we can remember this, that the truth will always prevail, any illegal achievement will not last for good, because the foundation is evil, is there nothing wrong with the last conducted election.

4. If nothing is done, we should expect the economy to keep getting worst than ever, but i doubt if its not causing a lot of innocent people already as ransom.

lets discuss.
The last protest tagged END SARS we all saw how the government choosed to react in a rather violent with brutal force meted on the citizens through the use of the military men and many lives were lost to direct gun shots by the army on the protesters. However, this time, the course is different, any protest that would break out now is one borne out of hunger based on the hardship and high cost of living that many are unable to afford, and we all know that a hungry man is like a wounded lion that no force or act of fear can grip him.

Just today I read in the news on how some Katsina State resident intercepted one of dangote's truck and looted the foodstuffs it was carrying. Something that has never happened before, that's a sign to show us that things are really getting out of hands due to the hunger and the government aren't doing anything to ameliorates the situation it get worsen daily.
.With the significant increase in prices of goods and services by the hours not even an increment in salary or minimum wages of workers can quell the situation but only through necessary economic policies by the government looking within in solving the problems rather than looking outside for solution
330  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: February 20, 2024, 06:19:53 PM
Inter are really very highly favoured today. I must say that they have been doing a superb work in the Serie A so far. But their opponent is Atletico Madrid anyway. This is technically a quite difficult match on paper. Atletico Madrid aren't having a poor season either so I wonder where I'm missing a point.  Sad  I don't feel like it would be a very comfortable win for Inter in terms of score. But when it comes to how this would end up I would expect Inter to win one way or another.

They had better do so because their job will be much more difficult in Spain.  Wink
Not undermining their opponent but victory in this game is for inter milan, this season has been a great one for them with much better performance than their Spanish opponent tonight. Though it's definitely going to be a tough game as both teams are known to have a solid defense and attacking midfield but in this inter will find a way to make sure they beat ATM to qualify to the next round. Can't wait to see all the events unfolding tonight.
331  Economy / Reputation / Re: Plagiarist DiMarxist is back. No signature ban? on: February 20, 2024, 04:22:10 PM
I believe it's too early to judge since its just around 5 post they have made.
Maybe with time improvement would be notice
This is a second chance,  therefore they would be aware that many eyes are on them to check if the second chance was respected and put to good use.
I don't say about second chance is worthy for giving to DiMarxist. I only asked why it is different than four other users, no signature ban.

If it is a mistake, it can be fixed.
Maybe it wasn't actually a mistake by whoever that unbanned him and as well extended that mercy to his signature. A prerogative of mercy is usually given at the discretion of the giver and sometimes the reasons could be personal or based on the giver  view towards the offense committed. At times when people receives a kind of  pardon that is too good to be true they should also be very careful and watchful of theirself as they are certain to receiving the hit harder and worst than before if a true repentance is not found in them going forward. I hope @Di Marxist would have learnt his lesson returning back.
332  Other / Meta / Re: Why suddenly Cloudflare Human Verification is Coming Up? on: February 20, 2024, 03:40:29 PM
I am also seeing it and not only you but everyone on this forum.

You should know that it would be against any possible attack in this forum would be the reason why we are seeing it. Just be patient and everything would be solved and all will be fine again.
Thinking in your direction I could agree that it's part of a technical way by the forum technical team  to destabilize any form of suspicious brute force. Since it's not a tedious procedure and doesn't take time to pass through after one or two clicks I don't just bother myself about it for the past days I have been experiencing it and am sure a lot of persons that understands this would also know that it's invariably for their own account security too against any form of brute force somewhere.
333  Economy / Speculation / Re: DCA is the most important in investing. on: February 20, 2024, 03:14:42 PM
DCA is an important strategic investment pattern but that doesn't make it most important of all the investment strategies to holding bitcoin. I could buy a lump sum amount of bitcoin at ones and hold for very length of years and still make profit like another investor who chose to use DCA strategy. Mostly why people are advice to use DCA is because they can't afforto buy a large fraction or amount of bitcoin at ones due to their income strength and only through DCA could they be able to afford owning a good amount of bitcoin to get profit from it after a long time of holding. In all, work with that strategy that is convenient for you that's what I think is most important to know.
334  Bitcoin / Bitcoin Discussion / Re: Do we need more influencial women in crypto to help the gender embrace it? on: February 20, 2024, 01:28:17 PM
You could be shocked to know that there might be more female crypto holders than males if we have to total the number of crypto adoptors in the world under a uniform data with but since cryptocurrency supports privacy of users we can't certainly say for sure who's a man or woman. Take the forum for instance, you just by the username of a person say it's a male or a female user and that's the beauty of anonymity in the crypto world.
335  Bitcoin / Bitcoin Discussion / Re: Invest in Bitcoin, for long time Holding on: February 20, 2024, 01:11:39 PM
Bitcoin wasn't designed for short term investment, more typically it was created as an alternate currency against the shortcomings of fiat currency with it's proneness to inflation and centralized regulations that takes financial freedom and privacy out of the  hands of the ordinary man. Gradually with the value bitcoin started to gain investors rather now saw it as an hedge to profit making through a long time holding duration of the coins. Bitcoin is nothing like altcoins and if anyone would make tangible profit it's only through a long time holding strategy and you can do that through DCAing and lump sum buying.
336  Local / Nigeria (Naija) / Re: Drop your predictions for the value of dollar against naira? on: February 19, 2024, 10:46:28 PM
Our problem began emidiately INEC took bribe and sell out votes to Tinubu. Because we never dreamt of seeing that man on sit by now. I am not predicting anything because we lost the match when it was announced that Armed Bola Tinubu is our president that was when I cried so loud that suffering has migrated from frying pan to fire. And I have already prepared for the worst because even if you guys predict dollar to be #10k naira I don't doubt you guys because these men don't have plans for us.

This video is a video I came across on Facebook about power.
power
Bro, this problem don began before them even born us na just say this tinubu illegitimate government nah come break the Carmel's back wey it come be like say nah now the problem actually start. The worst part about this government wey make things the get worsen daily be say them no get plans in place on how to take run the economy, the only plan them been the draft on for their camp nanhow to rig the election at all cost, so after them use force get the government them com dey confused where to stay in running governance because governance dey very different from politics and no be every person sabi govern.
337  Economy / Economics / Re: Poor people need solution now on: February 19, 2024, 10:14:48 PM
So Communities If you got food you are blessed issue your own money and stop dealing with people who don't benefit you.
If you issue your own money and goverment come to buy with their money you can set your own rate higher so If they don't want then you sell to those who want.
Off course they want becouse everybody need to eat
So you make your own money and your own Community people all live Nice.
So where do you take the utility from when they have to use a community based currency? because in terms of the financial system, they need back-up, recognition, and legal legality so that the value of the public currency is guaranteed, not only for transactions, but to prove the support for this value must also be clear. You won't necessarily create community money if you can't guarantee its value yourself. Moreover, if you live in a country that has recognized fiat then it would be very futile, it would be the same as trying to stage a coup by creating new money and could be considered a violation of misuse of resources..
Op is so funny to even think of creating a currency of his own under a ruling and constitutionally recognized government in which the community of his he might be talking about might be making up just a 1% of the totally country's population. Even as that, a currency represent a country and it's sovereignty as a legally recognized entity Internationally.

So it's just a nonsense theory Op is presenting and no one need to take this into consideration, never except you're all ready to stage a war with the ruling government in the country just as we have in some nations today where a group of insurgent have taking a strong hold of some locations in the country and as such could decide to make use of anything they feel could be a currency for them, but yet that doesn't make it internationally recognized in the global market.
338  Local / Nigeria (Naija) / Re: The increase of altcoins on: February 19, 2024, 09:17:00 PM
Altcoins no be bitcoin wey you fit just wake up one morning decide to invest on it without thinking twice. For person to see altcoin wey go do well in the future you gat do much research for background about am and you gat know say the risk na 50/50 unlike bitcoin wey na sure banker only say bitcoin the very way you go fit use the make betta profit na when you hold betta amount of money inside am and also depending the time you buy hold. Outside bitcoin, na ethereum I fit strong mind tell person to buy cos that coin don really the try for the past years and eim future look somehow bright shaaa.
339  Local / Off-topic (Naija) / Re: Dangers of the internet on: February 18, 2024, 07:47:57 PM
e just dey scary how 99% of the world's data dey on the internet. Even our incognito(private browsing) data sef dey on the internet with our digital fingerprints. Me and person being dey discuss how easy e dey to actually track anybody for this earth as long as say the person dn active for internet before. if no be say some laws dey cover how this big tech company dey take collect our data, some of us wey think say we dey untracable for dn go jail sef. Everything about us actually dey internet as of now, even your "view once" for whatsapp sef. Infact any things wey you thinks say you delete still dey there only say you no get access to them again. Just dey careful of things wey you dey post for internet.
is their anything like privacy on the internet? Just do your thing and live your life without being bothered on what on what your data is being used for because the reality is that your data is no safe and the exploitation is increasing at an alarming rate with no one saying anything about it or planning how to stop or reduce it.

If we start to talk about the the rate of intrusion into our privacy, you will even get tired of using your phone. Their are some that believe that your camera takes regular picture of you on a regular bases while you're using your phone, are you talking about the recommendation you get as Facebook ad that comes from the private conversation you had with someone in your chat? I have never considered my data safe no matter if I deleted it or not.
The reason behind why no one is saying anything about the interceptions of our data without our knowledge and permission is because those who we think are in position to say something or protest against it as also a beneficiary of the whole intrusion and there's nothing we all can really do about it.  It's just left for us to be mindful of certain informations about us we bring in online, I understand it's hard these days as we now use the internet for almost everything and for some it's the onlbmeans to their source of income and for that reason can't do without it but we should be mindful and thoughtful of not bring vital info's about our privacy online, that's just the best way to go about it.
340  Local / Off-topic (Naija) / Re: Pls, let be aware of Sportybet balance adder scam…. on: February 18, 2024, 07:37:03 PM
When I read the message the scammer send to your friend trying to lure him into accepting this unreasonable deal I just shake my head in utter disgust because this one nah very cheap scam pattern yet your friend go fall into am. Where for this country you go use #2k deposit inside a bet account them go just credit you #200k bonus? No be juju be that! All I can say is that it's greed and lack of knowledge nah be the problem of all this people wey the fall into this scammers hands. Anxiety to short cuts means of making money can only make you lose more money.
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