Bitcoin Forum
June 25, 2024, 04:57:12 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 [19] 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 ... 111 »
361  Local / Nigeria (Naija) / Re: Misunderstanding of Halving by Bitcoin enthusiast. on: May 01, 2024, 06:13:07 PM
Bitcoin has diverse means in which it operates, although I so much believe that this is th first time some of us that are here are experiencing this event called Bitcoin halving that's why they misunderstand the process, know doubt this occurrence that happens every four years was meant to be a period that Bitcoin is suppose to pump but unfortunately the pump has not been experienced yet but it doesn't mean that it won't happen.

People just dey carry the wrong mentally dey enter the market, there is no where that it's written that after Bitcoin halving say the market go pump immediately. Market go pump be say market go pump, when the pump go happen nobody know so make nobody dey tell you say na this particular time or that time. E dey happen before at a particular time no mean say e need to happen exactly at that time for this halving. Make we just relax ourselves because that pump wey we dey find no go come, Bitcoin need to settle down again and wait for something wey go ginger am up. ETF matter dun go, halving fomo dun go so make we no too dey expect say market go just wake up from no where begin they raise to our high expectations anytime soon.

Most of di people wey de carry dis wrong mentality de enter market na mainly newbies wey never get di experience of halving before, and as dem don hear plenty hypes about bull run, say na wen Bitcoin price de continually surge and investors go get plenty ROI, and na "after halving" di bull season de start. So dem don carry plenty money buy Bitcoin, halving don pass, instead of price to surge e begin to de dip, and many of dem go panic and begin to de sale.

E de important for newbies to research and gain knowledge about how Bitcoin de work before dem begin to invest, odawise dem go de make wrong decisions, some go even vex and say Bitcoin na scam. Dis na my first halving experience, and I no worry about wetin de happen now, because I don gather plenty experience for dis forum, so I know say bull run go happen, na just a matter of months and events go kickstart di price surge gradually.
362  Economy / Economics / Re: It's better to invest now than to regret it in a hospital bed. on: May 01, 2024, 05:11:27 PM
People should think about the future to have time.  There is no use in thinking after the time has passed.  Every age has certain demands.  The right time to invest and earn is when people are young.  After getting old it becomes very difficult to invest or earn.  So everyone should make good use of the time they have.  Many people will not understand where to invest and how much to invest when they get old.  But it can be considered prudently at a young age.  So you should think about securing your future by earning and investing without regretting at the last age.
Knowledge is power and those who're able to have it at their younger age, enjoys a better life when they grow old, because if anybody fails to plan for their old age when they're younger, they'll live in regrets in their old age. One of the best investments that anybody can go into is Bitcoin, but many people still don't know this, they will be investing in scam projects and others will simply squander all their earnings at young age, forgetting that old age will come when they won't have the energy to work and think productively.

Bitcoin is better when held for the long term, and the holder needs a steady source of income to be able to continue hodling it, otherwise they'll be compelled to tamper with their Bitcoin investment nvestment funds.
363  Local / Nigeria (Naija) / Re: Don't keep your hope in any news of bitcoin on: May 01, 2024, 03:56:27 PM
Di crypto market de volatile, dat na why we no fit to say Bitcoin price must be dis or dat in di future, na only speculations we fit to do, and every experienced Bitcoin holder suppose know say na so e be. Aldo events wey concern di world like wars, finance and oda breaking news fit to affect di price, also whales fit to dump dem Bitcoin to manipulate price, but in all na demand and supply de determine im price.

I realize say after di halving, many newbies de expect say Bitcoin price go begin to surge and we go enter bull run immediately, but di reality now be say price de dip di more everyday, and some of dem panic and de rush to sale dem Bitcoin, but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be.
364  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your view and your opinion about Ethereum? on: May 01, 2024, 02:11:17 PM
Ethereum is second only to Bitcoin,in the crypto ranking and it's the number one altcoin in the market, a spot that it's still mentaining since I entered the crypto space, and if it's dev. team are up to the task, then they'll remain at the top of the altcoins ranking. Although Solana, is fast becoming everybody's favorite because of it's network, speed and cheaper transaction fees, while according to the last report that I heard about Ethereum gas fees, it's still favorable only to the big movers. Only Bitcoin is in it's own class, any altcoin can step up to Ethereum in this bull run.
365  Economy / Speculation / Re: Is Hong Kong Bitcoin ETF Responsible for Recent Bear on: May 01, 2024, 01:21:40 PM
One of the influencers of Bitcoin price is global news, and this perticular Hong Kong, ETF news is directly on Bitcoin, so I think that the ETF will have an impact in the further dip in Bitcoin price, whether it's minimal or majorly. The first ETF caused a major price surge where we saw an ATH before halving, now we're seeing a dip during this recent ETF, so some of us will not know the extent of this ETF to the present price dip, all we can do is speculate.

As TravelMug, have noted, it could be that some whales might be manipulating the market by selling and causing this dip, inexperienced investors will panic and sale too, and it'll cause further dip and the whales will buy it all.
366  Economy / Trading Discussion / Re:  Fees are spiralling out of control due to halving. on: May 01, 2024, 12:03:01 PM
Bitcoin transaction fees went so high after the halving, and I wouldn't know for sure if it's caused by the aftermath of the halving or due to the runes that are dominating the network as members are speculating, but the fact remains that the occasional congestion in the mempool is not good for Bitcoin business. I'm however glad that the mempool is dicongesting, because evidently transaction fees are gradually returning to normal, I sent Bitcoin yesterday, $106 and the transaction fees was $6, and I was expecting the confirmation to take a couple of days, like the experience that I had a week before, but it didn't take long.
367  Other / Politics & Society / Re: Gratitude should be an attitude on: May 01, 2024, 10:06:48 AM
Having an attitude of gratitude will make a person to be happy and have a positive outlook to life, despite any negative occurrences sorounding them. Life is what we make of it and what we see as priority, having the whole riches in this world doesn't guarantee happiness, it has to come from within like appreciating staying alive, touching other people's lives with kindness and being grateful to God, nature and others for being part of your life, because no man is an island and no one can survive in isolation.
368  Other / Beginners & Help / Re: Bitcoin for newbies like me on: May 01, 2024, 08:48:20 AM
Adequate knowledge of Bitcoin is very important before a person will embark on it's investment or trading, because as some members have noted on this thread, many people believe that Bitcoin is a get rich quick scheme, and that is why they're scammed into buying shitcoins, thinking that all cryptocurrency is Bitcoin. I've seen adverts on social media in my country advertising Bitcoin mining gadgets that if you want to become a millionaire within months that you should contact them, and these scammers are scamming people that don't have Bitcoin knowledge everyday. Knowledge is power to achieving greatness.
369  Alternate cryptocurrencies / Altcoin Discussion / Re: April 2024 recorded the lowest amount lost to hack. on: May 01, 2024, 07:48:22 AM
This is a good news for the crypto community, it'll gradually reduce the stigma that people have about the crypto space that it's full of hacks and scams, hopefully the figure will continue to decrease and will have a safer crypto space. People are fast becoming more aware of the activities of these hackers and they're becoming more security conscious on how to protect their cryptos, there's massive awareness in every crypto communities on how to guide against scams and hacks. Finally, the best place to secure your crypto coins is in a none custodial wallet, where only you have the keys, we shouldn't leave our coins in an exchange, because if it's not your keys it's not your coins.
370  Local / Politics and society (Naija) / Re: Law of gravity no de apply for di prices of goods inside Nigeria on: April 30, 2024, 04:37:50 PM

Im blaming everything on fuel scarcity and increase, transportation is so espensive these days so the average retailer has no choice than to also increase their price to be able to make some gain out of it, fuel is chasing 1k per liter like say na dollar, I just week, very soon the average transportation price a day for anyone would be 2k for very short distance like from mile 3 ph to location ph.
Dis fuel price hyke na anoda reason for di prices of goods and services to de skyrocket, now to enter motor for short distance na double di money dem de collect now. Di prices of food items de high everyday, e come be like say na only chop money person de hustle for, even wen e be like say naira value de appreciate, still price of commodities de go high. We de always cry for bad leadership for dis country, and new administration go enter and give us fake promises, den di economy go de worse pass as dem meet am, I no know which way Nigeria, de go, even people don tire to pray sef, but na only God, go fit to help us make we get beta leaders wey go move di country forward, because no be everybody get di money to japa.
371  Alternate cryptocurrencies / Altcoin Discussion / Re: Should the top altcoins now be ok that we are in bull run? on: April 30, 2024, 02:54:04 PM
Altcoins within the top 200 ranking is too far, I think you can trim it down to 100 or 50, to be near the top rankings that can have the most probability to bull in the alt season. We're not quite into Bitcoin bull run yet, seeing as it's price is still in dip, until it starts to surge, that's when the bull season will actually start, and it'll precede altcoins season, so we'll have to wait for months before that happens. So you can continue to buy your favorite altcoins before the alt season, also remember invest in Bitcoin, you can not go wrong doing it.
372  Other / Off-topic / Re: Binance in a bit to tarnish Ronaldo's image on: April 30, 2024, 01:52:42 PM
This should be another lesson to followers of Ronaldo, and any other top celebrities and influencers to research any projects or products that the people they idolize promotes, especially if it's not what the celebrity is into. Sometimes I wonder if celebrities really consider their reputations and accountability to their fans before accepting to endorse anything, it's very sad that these celebrities only cares about the money that they'll be paid. Binance is a big brand, same with Ronaldo, it's the ignorant people that accepts anything that's endorsed by the latter that'll bear the lose when the ship sinks.
373  Economy / Economics / Re: Money and wealth is Energy know this first on: April 30, 2024, 12:19:50 PM
Money and wealth being energy depends on the perspective that you're looking at it from, if you mean by working hard physically, then I won't agree with you, because CEOs stay in comfortable offices and earn all the money, while the labourers do all the hard works and get peanuts. But if you mean energy by thinking smarter than everyone, then it can amount to wealth creation, because you're using your intellects to create wealth. It's said that if you want to be a millionaire, you need to think like a millionaire, so it's not working hard like a horse or machine, that can create lasting wealth, because the person will eventually break down and become poor.
374  Economy / Speculation / Re: Next movement of Bitcoin. Let's share everything you can about Bitcoin. on: April 30, 2024, 11:11:12 AM
Hello everyone,
I am a crypto investor and have invested much in meme coins and other altcoins. Now I am in minus; you know it is pressuring my head. Because I am a beginner investor, I need to know the next movements of Bitcoin. It will help me and other noobies who have invested in crypto.

Thanks in advance

We don't know what the is the exact movement of Bitcoin, it's a speculative asset and so you just have to be a long term investor. Why? because it will take time for Bitcoin market to be in a bull run, meaning price is going to be up for a certain period of time and will likely reach new all time high. And with that, if you just buy and be a holder and then sell when it reaches top price maybe next year.
This is the fundamental truth, we don't know what the precise price movement of Bitcoin will be, because it's volatile and a speculative asset, this is why it's better to hodl it on the long term, so irrespective of it's Short term pump and dump, it won't affect the investor's long term plan.

Memecoins are not like Bitcoin, most of them are just like Ponzi schemes, they get hyped, to attract investors, in the end they disappear with the investors funds, so they're risky projects because most of them are scams. The best and most reputable crypto is Bitcoin, so invest the amount that you can afford to loose in memecoins.
375  Economy / Trading Discussion / Re: Invest To Learning First on: April 30, 2024, 09:45:01 AM
Also, getting help from outside experts, like consultants, can be really useful. They can help you make smart decisions, save money, and understand how to invest better.
If a consultant is affiliated to a certain investment option, they may want to convince you to consider that investment above other investment choices even though it may not be good for you, this is why it is always important to have some knowledge before you seek third-party opinion. If you are fortunate and lucky to have access to two people who have experience in investing that can be very good for you because you can always try to verify the suggestion of the first consultant with the second person to hear their opinion they have about it before you go ahead to adopt it or make some modifications.
I agree with what you said, because a newbie crypto investor or trader without any experience and who goes ahead to visit a crypto consultancy group for learning and advice could be further endangering their chances of getting into a legit investment, because the consultants can be part of a scam project that wants to promote it to scam naive investors. So we should invest in learning first from established sites and individuals with experience before going a step further to consult relatively unknown sites for tutoring and advice, so you're not a total novice to what they're asking you to do.
376  Other / Politics & Society / Re: All people Should have the right to own Guns in our Society on: April 30, 2024, 08:35:39 AM
I can not agree to everybody owning a gun in any society, because people have different temperaments, someone who has anger issues can get mad at another person and decide to shoot the person because he has a gun, infact death rate will increase over time. What if the governments approves carrying pistols and shotguns by civilians, and armed robbers are carrying AK-47 riffles, which is more deadlier? I think that we'll be seeing more dead bodies everyday, because crime rates, manslaughter and murder will increase, so let's be careful what we wish for, guns are not supposed to be in the hands of everybody, only trained personnel and people who are authorized should carry guns.
377  Other / Off-topic / Re: Be cautious of Account Hacked on social medias on: April 30, 2024, 07:37:02 AM
Thanks for sharing these important information for us to be alert and vigilant when we're on X (Twitter), even if some of us already knows about these hacks, it's still very important to hear it as a reminder. The whole social media outlets are targets of these hackers, so people must always try to be informed about the latest trends to know sites that have been hacked, so that they don't fall victims to these criminals. It's necessary to always verify the authenticity of links that promises free giveaways, even if they're trusted sites, because they might have been compromised by hackers, like the ones that are stated in the OP.
378  Alternate cryptocurrencies / Altcoin Discussion / Re: What did you think about the future of dogecoin? on: April 30, 2024, 06:31:59 AM
What did you think about the future of dogecoin?
 Is it going to do well in the future?
The reason why I'm saying this is because I'm holding dogecoin, did you think I should keep holding it?
Right now, you shouldn't hold it at least for the whole bull run.
Sell it during the bull run and buy it again during the bear market.
I wouldn't write off dogecoin yet, it's the most reputable memecoin and I'll consider it as a top altcoin, with whales like Elon Musk, still backing it, I think that it can spring up a surprise in this bull run and yet aim for a new ATH.

Your advice is valid as far as I'm concerned, if dogecoin, is bullish in this bull run, then let him sale it and bag some ROI, then in the bear run when prices are hitting rock bottom, he can buy it again, and wait for the cycle over again.
379  Alternate cryptocurrencies / Altcoin Discussion / Re: Between new tokens and old tokens, which would you invest into? on: April 29, 2024, 04:37:21 PM
Choosing between old and new tokens depends on individual preferences, whether an investor is drawn to long or short term investments, because I know that holding older tokens means that the investor is into long term projects, whereas many people who go for new tokens are the ones that wants quick profits on the short term.

If I'm asked to choose between old and new tokens for investment, I'd choose old tokens, because they've proven their reputations in the crypto market, and if they're old and still relevant, that means that they're not shitcoins.
380  Economy / Economics / Re: Future occurrencies that can increase bitcoin price. on: April 29, 2024, 03:46:47 PM
Basically what can increase the price of Bitcoin will be mass adoption, if countries where it's restricted will remove the restrictions and also countries where it's banned will unban it, and if it's been used more as a digital cash to make payments, instead of just hodling it.

Any evidence to back that up?
So far I can see more and more people use other Crypto to pass those on.
Reason being the fee, the time bitcoin takes.
The focus of the thread is on Bitcoin, and the future occurrences that can increase it's price, and these factors above that you quote are the few that I could come up with.

Ofcourse there are alternative means of sending Bitcoin to other wallet addresses, and there are other coins that can be used alternatively when Bitcoin transaction fees is high, but the point is that the thread is specifically talking about Bitcoin and it's price increase in the future.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 [19] 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 ... 111 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!