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3781  Other / Serious discussion / Re: Can a poor man get his chance to be rich in Crypto? on: June 14, 2021, 11:01:53 PM
There is no one that can not become successful through crypto, it only takes time and patience to achieve this. Saving as little as 1 dollar a day can go a long way if one keep on saving this for several months with time, one could be able to save like $100 to $200 which can be use to buy altocoins that can have like 10× to 100× with time.

I believe all fingers are not equal so, getting rich through crypto will require a lot of risks and patience for one to achieve this. When the road get tough, the tough get going. So no matter the circumstances, greatness is still achievable in crypto. It only takes endurance and focus for someone that is starting from the scatch without a reasonable capital to invest.
3782  Other / Beginners & Help / Re: What More Should Satoshi Do? on: June 14, 2021, 10:38:55 PM
He did not end there, he removed the key to the currency from the hands of the powerful leaders of the world. Then, duplicated the key and handed over each spare to everyone.
From my concept as humans, i understand that cryptocurrency existence render help to fiat currencies via different countries, and it limit the loads of one side investment and focus, but via political group or government form of currency control, cryptocurrency help to stabilize the gravity or force of fiat currency with decentralized format, which everyone that obtain crypto have the access to control it's currency without involving third party, now fiat can be controlled because it's subject to government.
3783  Other / Meta / Re: Is The Purpose of The Merit System Defeated? on: June 14, 2021, 10:22:42 PM


This is the point. You can post anywhere, it will help to grow and learn.
Because many who are experienced, don't always go to the beginners' tab. So if you have a mining question, go to the mining tab, and so on. In these places you will find what you need.
Your right, because newbies are not limited to post to any board, because going different location of the community for conversations will enable them to have versatile knowledge, even i could remember when i was a newbie, i devoted my time to read across the boards in order to understand the concept of the community fully, and when this happens i started earning merit, so in summary a  new user are meant to penetrate to any board  and acclimatize with their subjects so that when making a topic he/ her will know the exact board to Post it.
3784  Economy / Trading Discussion / Re: how do you catch your deals as a scalper? on: June 13, 2021, 10:42:08 PM
Scalping is one of the quick ways of making fast money in the trading world. Scalpers take trades in minutes and make profits or loses in a minimized way, except when big lot sizes are used. A scalping strategy is determined by the kind of asset one is trading be it currency, Bond, commodity, Crypto etc.

There is no 100% trading strategy which is the reason why what works for one may not work for another. Sometimes one may not be patient enough to acquire or learn all the necessary things that is necessary for one to trade a particular market. This have really affected a lot of traders searching for the holy grail strategy that has no lapses.
3785  Other / Serious discussion / Re: How much money is enough money? on: June 13, 2021, 09:50:47 PM
The question on how much money is enough is rhetorical. We all know that humans' wants are insatiable which is the reason why we would never be satisfied even though we owns everything in the world. The more we earn or we are able to acquire will continue to increase because humans wants is numerous and unlimited.

We all have this desire to earn more and more even though we have  surplus, the desire never ends. Greed is another factor that could make one to have unlimited desires even  though their is still nothing to acquire. This is the reason human being would never be satisfied with their current conditions. Always wanting never tired. Even the richest man in the world is still ready to earn more not considering his surpluses.
3786  Other / Serious discussion / Re: Blood Pressure, I don´t understand it. But I want to. on: June 13, 2021, 09:36:05 PM
I believe the best person in position to answer all these your questions is a doctor, cause we can only give you answers based on our level of exposure or knowledge. We can always Google the answer to your questions and submit it here just to aid your understanding of the concept of how blood pressure works and effect
to human body.

From a general view, Blood pressure is just the force that is require to pump blood from the heart to other part of the body per surface area. In physics, Pressure is equal to Force per surface area.
In blood pressure, force is required to pump blood around the body, if not the blood would never be in motion or move. The speed of the force is what determines whether the blood is high or low. This is how the word High blood pressure and low blood pressure comes into play.
3787  Alternate cryptocurrencies / Altcoin Discussion / Re: Risks from large financial institutions entering the crypto market . on: June 13, 2021, 08:47:19 PM
The aim of every individuals in crypto be it trading or investing is to make profit likewise the financial institutions that are entering the Crypto market. Everyone needs to buckle their shoes in other to make something tangible from the market, not just making blind assumption about the entire market.

The financial institutions involvement in crypto market is going to make it more volatile cause there will be high volume of buying and selling which will increase the pace of the market movement. Although there might be frequent manipulation but since everyone understands the risks that are involved in it, precautionary measure should be taken when investing or trading.
3788  Alternate cryptocurrencies / Altcoin Discussion / Re: Elon musk and his invention on: June 13, 2021, 08:27:29 PM
Elon Musk should not be taken seriously because sometimes his words do contradict each other which is due to his quest to control people's mindsets. He has been making a lot of efforts these days to control the Crypto market just because of his vast influence in the market. I'm not always surprised whenever he makes claim of what is good or bad for the entire world.

Elon is a business man who is looking for the slightest opportunity to add more dollars to his net worth, and I believe he won't stop if what his doing is bringing frequent cash to his table. He knows what his doing but the ignorant might still take him serious which is very obvious.
3789  Bitcoin / Bitcoin Discussion / Re: Bitcoin is funny money but Still Some Form of money on: June 13, 2021, 05:08:25 PM
It's just the same as we talk about fiat and crypto this is like a different branches of the same type of currencies. Like the fiat we do have a lot of different fiat in each country. So does the crypto currency too, we have Bitcoin, Ethereum, LTC, XRP and so on.
In addition, cryptocurrency is correlated with Fiat, both works together and the different between them is that, Fiat is centralized currency and cryptocurrency is decentralized currency too, while their functions are similar as you stated above, so concerning their branches,, of cause their branches divers and also defined them differently, that's the reason while people mindset always give explanations of Bitcoin differently, but making a proper research concerning both currencies their is no much different between both as a currency.
3790  Alternate cryptocurrencies / Speculation (Altcoins) / Re: When will be bearish market over?? on: June 12, 2021, 11:19:13 PM
No one knows when the bearish market is going to be over but one can still guess base on random when its likely to end. If everyone knows when the bear market is going to end, people would wanna keep their assets to appreciate more before selling it back to the market. I believe no one will be even ready to sell. With this, a lot of things might go wrong if everyone keep their crypto without selling or buying; i believe the market will not even move a single inch.

Its going to take a while before the bearish market will end which is just a form of retracement. The market might even consolidate more before going more bearish then continue it upward trend which i dont think would happen now, maybe after many months.
3791  Alternate cryptocurrencies / Altcoin Discussion / Re: The cryptocurrency market is nearing the end of a bullish market? on: June 12, 2021, 10:59:48 PM
Well the crypto maeket is still in a bullish trend base on long term factors or lemme say it's still going to go up but the market needs to retrace for a while for it to gain momentum to continue it bullish trend.

Like we all know that the market would never continue it current trend without retracing which is a must that will still continue happening. This is just an obvious rule of trading  but it's just unfortunate that many traders including investors are not aware of this forces that is pulling the market.

I believe the market is still going to fall below 30k before continuing it upward trend.
3792  Economy / Trading Discussion / Re: Should I get a loan? on: June 12, 2021, 10:45:54 PM
Since you intend getting a loan to invest in crypto, fine it's not a bad idea but you need to time the market so as to buy at the bottom or close to prevent draw down. Well i believe Bitcoin is still going to fall below 30k so you don't have to rush in and buy now.  You can decide to buy at some specific prices so as to prevent buying too early.

Getting a loan could be as easy as possible to you but you still have to draw a scale of preference with one or two research to know the exact altocoins that will be much more profitable at later run.
3793  Bitcoin / Bitcoin Discussion / Re: Is it true that this cryptocurrency/bitcoin boom poses a threat to Earth. on: June 12, 2021, 05:53:11 AM
Bitcoin mining farm is not orderly hazardous compare to industrial equipments, it's well known that mining farms are not multiple compare to industries across the world, and when we talk about pollution we mention industries they are major sector or concept that poses threat to Earth through the release of (CFC) chlorofluorocarbons to the earth, so in summary op, is that Bitcoin mining farm doesn't really caused hazard to the earth relating to companies that deals with production of chemical substances.
3794  Bitcoin / Bitcoin Discussion / Re: Why some millionaires hate Bitcoin? on: June 12, 2021, 05:14:08 AM
Cryptocurrency network or industry people understand it differently, And most times some rich people don't comprehend how Bitcoin in particular be regulated and i think that should be one of the major fear while they are against Bitcoin, But from my perspective it's an average person that like to establish or invest via cryptocurrency because they assume that cryptocurrency investment is valid.

While the rich people concept towards cryptocubutrrency especially Bitcoin is that Bitcoin is avenue or opportunity for them to be scammed, so comparing this scenario, it's a quite different from average person understanding or mentality towards Bitcoin and the rich person, i may likely say that rich people and some part of countries government is against cryptocurrency because they feel that Bitcoin is decentralized, And ask them while they dislike cryptocurrency, the answer will not be positive while? They prefer centralized business and Bitcoin is difficult for them to understand.
3795  Bitcoin / Bitcoin Discussion / Re: I Hope Impoverished Nations Become A Bitcoin Network on: June 12, 2021, 01:32:25 AM
Now that places like El Salvador, Venezuela, and Nigeria are on the front lines of full scale Bitcoin adoption, the only feeling I have is hope for them.

How incredible would it be if these countries were able to get themselves back on equal footing and dramatically improve the lives of their citizens?

Some countries as you mentioned here adopt cryptocurrencies initially but just of a sudden they ran out of adoption of cryptocurrency, now looking for a way to retrieve the previous standard or bond, I don't think it will be up to the
initial standard because if companies in a such a country as stipulated or emphasised via Nigeria were among of the list of cryptocurrency users,and that means  by now companies would have indulge of payment with Crypto, and it would have stand in order, but since they dislike crypto from the time, the board haven't stand firm till now, I don't really think it will work,

And remember op, that Nigeria system of government suspended the uses of cryptocurrency via their Central Bank Of Nigeria through the Governor, and Nigeria as a country never be in Frontlines of cryptocurrency any longer, it was before not currently.
3796  Economy / Economics / Re: Does Money Need Competition To Flourish on: June 11, 2021, 08:07:44 PM
I may be exaggerating, but you are concerned that Darwin's theory can work here also for Bitcoin, survival of the strongest and fittest means that survival of Bitcoin and soon there will be the demise of the old monetary financial system,
Yeah, really your right in one aspect, which is survival of Bitcoin, but it's very obvious that fiat can't be eliminated irrespective the adoption or the values of Bitcoin currently in the societies, we know that old monetary system as you called it, has been in existence for some years now, and before the demise of it to occur is not possible as we may think, so therefore the possibilities can only occur in twenty years time, because right now old adults always concentrate on their native money, which i notice that they find it very difficult to adopt new currency.
3797  Economy / Economics / Re: Covid-19 Virus Research Criminal Found - Anthony Fauci on: June 11, 2021, 05:26:54 PM
What's wrong with pushing vaccinations towards people, it's for their own good. Also, Bill Gates has the only foundation that really helps people and society to advance towards a sustainable future.
We have to know that circulating coronavirus vaccine is important to the society, because of the health status of the people in ecosystem or environment, so for bill gate to render support for proper vaccination of people, i think whoever it may be have to follow the lines or the full steps to help, but some people are selfish and don't really know the important of people the society, that's while funds are been embezzled
3798  Economy / Economics / Re: Ransomware hacks linked to Crypto are killing Bitcoin slowly !! on: June 11, 2021, 04:33:48 PM
Hacking attempts are unlikely to see crypto being banned in Europe and North America at least. Also, any mention of cryptocurrency/bitcoin in the media is still keeping it on people's minds.
I keep on asking, what's going to be the benefit of government if cryptocurrency is been ban, general it comes to my awareness that at of hundred percent (100%) of the countries across the world, it's only few countries that adopt the features of cryptocurrencies, which can be at least fifty percent [50%] so attacking particular sector or hacking a particular sector because of cryptocurrency restrictions or ban , i think is bad concept in any country, and this will not be ban in Europe if it's their major objective, except it's government that's is fully in support of cryptocurrency regulations via their nation.
3799  Economy / Economics / Re: Twitter ban, koo opens up. How will this play in Nigeriann business environment on: June 11, 2021, 03:22:48 PM
This information is all over the news, and it's very bad that Nigeria government made an open announcements of Twitter via ban, this is absolutely bad system of leadership, because from the information obtained, it's because of the president of Nigeria tweet been removed from Twitter social media platform that leads to this public announcement of Twitter banned.
But is not right for the masses to suffer because of problem of president with social media, so i think people of Nigeria have to kick against the ban, because some people business accelerate through social media especially with help of Twitter.
3800  Economy / Economics / Re: El Salvador plan to make BTC legal tender on: June 11, 2021, 02:13:14 PM
This is indeed a history in the making where the government is making Bitcoin a legal tender, while most of the countries worldwide are classifying it as a security along with the other altcoins. It’s not easy for other countries to follow suit, as they are not ready to fully accept Bitcoin as legal tender in open arms.
Is not all the countries that will adopt the policy using cryptocurrency generally or Bitcoin in particular as a legal tender immediately, from my observation i notice that it's a something that will take place with a gradual process, and it can only come in existence when the caliber of people living in the same geographical environment or area, massively notice the important of Bitcoin.
Because this scenario is trying to let us know that using Bitcoin as a legal tender, it's obvious that any of their financial transaction should be carried out through cryptocurrency, which might be Bitcoin or altcoins.
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