Bitcoin Forum
July 04, 2024, 03:57:34 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 [179] 180 181 »
3561  Other / Beginners & Help / Re: E-naira and Crypto currency on: March 14, 2022, 11:25:46 AM
E-naira is the conversion of the Nigerian Currency to digital currency for online transactions.

Crypto currency was introduced in Nigeria in the year 2008 https://guardian.ng/technology/tech/the-idea-and-a-brief-history-of-cryptocurrencies/ and the youths were very happy to use it for trading but the government asked all the banks to close crypto accounts in the country.

The reasons of the ban:

1. Most youths used the currency to scam people.

2. The fiat currency was neglected by the youths for their business activities.

https://techcabal.com/2021/02/08/why-the-central-bank-of-nigeria-banned-crypto-accounts/

So, Bitcoin was banned and e-naira (Nigeria digital currency) was introduced to take over crypto currency but ironically, till date, most Nigerians don't even know the e-naira and if some does, they are very few.

The most reason for the ban is that the government want to have control over the system and be regulated by it but the major goal of Satoshi is to let individual have freedom over their finances as the level of trust on the government and commercial banking sectors is breach in terms of security and privacy.

Nigerians government introduced the first cbdc in Africa and think it will divert the youths from bitcoin. Also know that the government does not ban cryptocurrency in Nigeria, it only ban the financial institutes from carrying out transactions in bitcoin.
3562  Economy / Economics / Re: What if Russia economy grows higher after the war on: March 14, 2022, 11:09:47 AM
What will happen if at the end Russia succeed in her conquest against Ukraine and take over the economy of Ukraine. That will extend the economic power of Russia no doubt and that will make Russia more powerful.

How will EU and NATO countries relate with Russia if that happens ?

Who are the allies to be identified with Russia? As at now every businesses, companies and organizations were departing the country and no one has come out boldly to make a stand with Russia, meaning that all that Putin is doin is unethical and not tolerated by any culture or continent, it is believed to be an act of massacre, even the millitary that goes into war always have a plan of rescue of the innocent citizens, females and young ones.
3563  Economy / Economics / Re: Putin is trying to coerce firms into doing business or else... on: March 14, 2022, 11:02:30 AM
Is this a live threat or what... If business operations are not open then sending their representative to jail is the solution? I strongly believe Putin is upto something in this regards, but if should in case its just an ordinary threat to lives and properties then i think the citizens will suffer a great havoc of poverty and hunger for years before they can begin to recover.

Now that the Russians bitcoin investors are going out of the country to seek for better settlement elsewhere is an indication of something terrible and stinky is about to unveil in Russia and those that quickly sensed it has taken a drastic step for an alternative but the poor will suffer this, only few ones will be able to make it out to another country and as the rate of emigration is high he may place embargo on leaving the country. I pray this man does not initiate the third world war.
3564  Bitcoin / Bitcoin Discussion / Re: The most reliable coin to invest in is Bitcoin. on: March 14, 2022, 10:39:58 AM
Hello.

I have been investing in Bitcoin as well as other coins for a long time. Some of these coins have disappointed me. After reviewing investments so far, I have found that investing in Bitcoin is the smartest thing. Although the price of Bitcoin has dropped a lot, this coin does not disappoint me because I have full confidence in this coin. I think and believe that the price of this currency will not decrease for a long time, it will one day exceed its maximum value. Which happened towards the end of 2021.

To be frank you have to understand the principle of volatility in bitcoin, meaning the price can not be fix, or only maintain going high alone, this is part of the equilibrium law of economics it follows.

Secondly bitcoin is the first digital cryptocurrency and maintain the first number in every aspect, possibly you have been engaging in a kind of projects that resulted into scam or failure due to your eagerness to also participate in digital assets but i can assure you if you learn and watch carefully how things are been done on bitcointalk then i think you should be able to realize all your past mistakes.
3565  Bitcoin / Bitcoin Discussion / Re: What will happen to the Bitcoin network if Russia blocks access to the internet? on: March 14, 2022, 10:26:39 AM
Russia is considering shutting down the internet connection to the rest of the globe. What will occur? Is the hash rate decreasing? What will happen if the connection is re-established in a few years?

Possibly Putin might not have thought of the implications on the other side because as at now, situation of their economy system is bad not to talk of how their currency was devalued, most bitcoin investors leaving the country to seek for a new start, although the effect does not have anything to do with the hash rate as i believe most of the miners too would have seek to relocate to a safety location.
3566  Other / Archival / Re: Bitcoin at $1 000 000 by 2030 on: March 14, 2022, 10:10:27 AM
It is also expected that in the future bitcoin will increasingly be recognized as legal tender and its share among global assets will continue to grow. There will also be an increase in the number of bitcoin holders who accumulate their coins in the long term.

With all indications, this is feasible even within a short term range, because bitcoin is gain a massive daily increase of investors and stand as the most accurate store for digital assets and a guaranteed investment that does not input a total loss of capital, this store of value (bitcoin) has on several occasions top the profitability of even gold and it is more preferred than any other asset but the controversial aspect is when i read on the news on how Russian investor are currently sourcing out for crypto asset conversation into Fiats and physical properties in the green pasture of Dubai.

I understand the effect of the ongoing war might have triggered such moves but why a sudden change of crypto conversion into physical asset when bitcoin is still the best available option for currency conversion and store of value. Am sure before the end of this year more countries will join in adopting Bitcoin as a legal tender.
3567  Other / Beginners & Help / Re: No social media is safe on: March 13, 2022, 06:45:47 PM
From your experience with the man you just met on Facebook and the next thing to come to your mind is to be your saviour (God sent) helper,  this is a wrong approach as things are not done all of a sudden, you can't expect someone you're yet to build a quality relationship with just decided to help you within a little space of time you met come on.... That's a suspicious act and if one is not careful  will end up being a victim of scam, many has been a victim of such people because they tend to prove been smarter or to quickly  grab advantage,  scams come in different ways and techniques, watch out.
3568  Economy / Economics / Re: The economy is important for a family! on: March 13, 2022, 06:32:29 PM
You can start educating your child in cryptocurrency because it is neccesary for younger ones to get acquainted at a tender age, but one of the thing you will ensure to do is not to put all of your investment in a single tie, meaning you can be doing  cryptocurrency investment  and trading and also have a physical location for other business in which your child and wife can both manage effectively, if you so much trust your dare wife then you can secure your keys and password with her but not with your child because of underaged,  but the best is to let them have exposure to crypto and understand  it basics so that when you're not there they can stand on their own, this is the only investment you can give your child.
3569  Other / Politics & Society / Re: what could be Vladimir Putin intension for the war? on: March 13, 2022, 06:19:53 PM
I believe in such away that. Putin himself have his own personal amendable characters that required serious  caution, too much of everything is bad,  if invading Ukraine has been his targeted milestone then I think by now he should have come into deriving satisfaction,  the committee set on negotiation are not seing any positive turnout from his side and yet lives are going wasted on this his personal interest, could  this really be a service  to humanity what Putin is doing  can be regarded?  I pray for peace within and without  all the affected regions.
3570  Other / Beginners & Help / Develop a Reading Culture on: March 13, 2022, 01:07:25 PM
The Jewish were commonly known as the "people of the book" because they understand the potentials embedded in reading and how it could reflect an impact in their economy, social, marital, physical and financial lives, another saying states and i quote "readers are leaders" and one of the best way to hide information from people is in the book, therefore it is expected of us as cryptopreneurs to engage in the attitude of reading especially books related to our professional fields.

This has birth to the release of this thread  recommending some vital cryptocurrency books in helping us dig deep in knowledge acquisition and the role expectations required of individuals as i will be listing few as below:

1. Digital Gold by Nathaniel Popper
2. The Infinite Machine by Camila Russo
3. Bubble or Revolution by Neel Mehta, Adi Agashe and Parth Detroja
4. Bitcoin Billionaires by Ben Mezrich
5. Out of the Ether by Matthew Leising
6. The Sovereign Individual by James Dale Davidson and William Rees-Mogg
7. Kings of Crypto by Jeff John Roberts
8. Cryptocurrency: How Digital Currency Could Transform Finance by Gian Volpicelli
9. Mastering Bitcoin by Andreas M. Antonopoulos
10. Cryptoassets by Chris Burniske and Jack Tatar
11. The Book Of Satoshi by Phil Champagne
12. Bitcoin From Beginner to Expert by Christian Newman
13. Cryptocurrency by Abraham K. White
14. The Bitcoin Standard by Dr. Saifedean Ammous
15. Blockchain Revolution by Don and Alex Tapscott

https://www.trality.com/blog/best-cryptocurrency-books
https://www.investopedia.com/articles/personal-finance/092916/top-6-books-learn-about-bitcoin.asp
https://decrypt.co/86982/decrypts-guide-to-the-best-books-on-bitcoin-and-blockchain?amp=1
3571  Local / Nigeria (Naija) / Re: Nigeria (Naija) on: March 13, 2022, 11:36:39 AM
Guys I go tell you for certain avoid anything loan application I see those people as a bad idea and also they are now carrying out identity theft, some of them dey demand for very sensitive payment of which you give them because you need a loan and did you know many of them aren't register and if you aren't used to reading terms and conditions k highly recommend you check how it's made to suits them.

Guy na true talk be dat o me I bin dey see many occasions dis dem loan pipu go dey disturb with bogus adds sef whenever I bin dey online dey browse and d tin dey vexing,  they now use some of the information we bin dey provide track pesin live for notin, tank God say govt too don see to d mata now and things go begin dey change and we too no go dey loose guard now make dem no run pesin street comot.
3572  Economy / Economics / Re: Which business profit model do you prefer? on: March 13, 2022, 11:16:20 AM
I've been giving this a lot of thought lately, Which kind of  business model would you prefer, will you prefer the kind of business where profit can be  from both the rich and poor, that is huge profits occasionally and small profits daily?


The two model is essentially important in a business as a businessman, one is expected to be dynamic in the sales and purchase of the commodity items and  same also applies to the cash flow, but the summation of the two models bring about a good arrival at a maximum profit realization.

A small commodity item can be sold and derived a huge profit while a big item been sold with a little amount of profit realized,  but the only things that must be kept constant in doing business is a continues flow of the market whereby a particular goods or service does not take long before selling off.
3573  Other / Beginners & Help / Re: IS it possible to let your BTC work for you ? on: March 13, 2022, 10:44:04 AM
Hey, I am wondering is it truly possible that my BTC works for me , without revealing my private keys and also without KYC ?


Simply yes, this can be achieve in two ways:
1. Safeguard your private keys and the seed phrase to your wallet, this guarantees that the coins are your as you have the access to it alone,  you can decide to trade or invest with your coins, hodl it for a while and yet still make profit as long as the market has make a shift in price between your purchase date to the selling  date unlike the banks which will rather deduct from your savings as charges instead of increasing it, lastly,  never make use of a centralized exchange and that solve the KYC challenge. 
3574  Bitcoin / Bitcoin Discussion / Re: Upliftment of Crypto Ban of Nigerian Banks on: March 13, 2022, 10:20:39 AM
Upon the ban of the currency, Nigerian youths still use the currency effective.

To my greatest surprised, Nigeria is one of the first five countries in the world having the highest number of bitcoin users and yet it government haven't come to the realization of this huge population of crypto users and think a way out to adopt it or reinstate back the access to transactions by it financial authority.  While their E-Naira digital fiat is nowhere to stand before the mass adoption of bitcoin in the country among the teeming  youths.
3575  Bitcoin / Bitcoin Discussion / Re: This Odd Job Would Have Put Thousands of Dollars in BTC in My Wallet on: March 13, 2022, 09:24:13 AM
The hiring fellow, who I met on Reddit wanted me to create "fake news articles for some crypto projects". I was like ""what?". Yeah, I heard well...create fake news and make them look real enough for some crypto projects and earn thousands of USD in BTC.


This is purely one of the organized ways of scamming people especially the newbies, that's why much emphasis is laid on the extent to which a particular project is being research on, such people  don't mind employing professionals and experienced users and pay them high just to facilitate their evil perpetration.

That's how I let a lot of money slip through my fingers. This conscience of mine. I'm sure someone somewhere has taken the job.


Dear bitcoiner, do not be disturbed when you see the  wicked prosper, for they are just for a little time.
3576  Other / Off-topic / Re: What Do you do in your free time? on: March 12, 2022, 03:21:10 PM
During my free time I maximized it to try new things out, I do watch and read spirit lifting motivational book or movie and later relax with a bath, but this days its very hard to even get free time at hand the work hectic and load is too much in so much that its affecting the passion I have in trying new things.
3577  Other / Off-topic / Re: Don't stop working. on: March 12, 2022, 03:00:14 PM
Some get it just after a trial, others many trials. Always remember that your case or situation might be different and you might fall into the harder category of individuals.

Don't even think of stopping if it didn't work out the first time, just like some did, it is okay to ask questions, ask for help. It is okay to get mad and angry sometimes too as to why things seem harder for you to achieve. But in whatever you do, don't quit or stop working.

Sure never stop! Work is an antidote for poverty its still the major tool for elevation, if it doesn't work now doesn't mean it won't work forever someone gat to keep pushing till the goal is reached.... Remember  an idle man is a devil's workshop
3578  Economy / Economics / Re: Which business profit model do you prefer? on: March 10, 2022, 07:02:05 PM
Profitability is the income generated from the operation of a business, as a business man or woman it doesn't really mean if customers are rich or poor, what matters most is when all requirements of your business are  met by them  in paying for the services demanded from them to you both of you are doing each other favor.
As per my own choice,  so far  I wanted to improve my working capital I would rather preferred selling to both rich and poor.
3579  Economy / Economics / Re: Your opinion on side jobs on: March 10, 2022, 06:20:37 PM
Asides earning from dream or career job, there are many ways you might want to make more money from side job because some side jobs even pays far far than main income even if someone is a full time salary earner.
Having a side hustle is a fantabulous decision to boost your income so far its lucrative because at times too the income seen doesn't worth the stress. From my own perspective side job is still a side job irrespective of the huge income seen from it.
3580  Other / Politics & Society / Re: What is the world turning into?? on: March 09, 2022, 03:16:04 PM
Only God knows but its as a result of the accomplishment of what has been said coming to fulfilment but that doesn't justify the dirty acts of youth nowadays to get rich by getting blood on their hands killing innocent victim all for the sake of  being among to ride latest car invoke, but mind you its not their fault but this problems occur due to bad parenting and poor upbringing of these teenage boys.
Like an adage that says 'Charity begins at home' meaning character, good behavior are acquired from home therefore each child behavior can be traced back to his or her background.
Pages: « 1 ... 129 130 131 132 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 [179] 180 181 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!