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3821  Bitcoin / Bitcoin Discussion / Re: Can BTC become the world central currency? on: June 04, 2021, 05:39:52 AM
It's true that it's impossible for bitcoin to replace fiat money. The proof is that currently many countries prohibit bitcoin, how can bitcoin become the world's central currency?
We have to understand the scenario that Bitcoin is decentralized and fiat is centralized, so people will value the centralized currency because they are feeling it and also seeing it physically, Bitcoin can replace fiat and it's possible because searching around, it's noticeable that adoption of cryptocurrency is getting higher everyday, and instead of people to invest with manual business they are all investing digitally currently, so the evidence is clear that within period of time at least twenty year ahead Bitcoin will eliminate the values of fiat via investment.
3822  Bitcoin / Bitcoin Discussion / Re: Was paper money rejected by religions as much as Bitcoin? on: June 04, 2021, 05:27:14 AM
Bitcoin needs a little more time to become something more. And adoption is inevitable.
Really adoption is inevitable, it's quit understood that Bitcoin don't any need more time, already it's a "something" but people or a group of individuals are the people that disvalues or disregard the important of cryptocurrency especially Bitcoin, even from op concept of understanding religions rejection of fiat currency and cryptocurrency via Bitcoin, normally in any circumstances some elements have to be consider as a major function, so relating it to this, you will understand that paper money can't be rejected so easily because it started with origin and it's has been familiar to people from different perspective, now comparing it with the existence of bitcoin it's obvious that the margins is far because Bitcoin is not yet old compares to paper money, i may say Bitcoin is still on hypothesis to some countries.
3823  Other / Beginners & Help / Re: To be honest about Investing on: June 03, 2021, 09:43:38 PM
Investing does not absolutely guarantee profit. But why do most people profit themselves from this method?
We have to understand that entrepreneurship let us know that business is all about risk, which can result out profit or lost, so investment guarantee us profit in some extent because every investors mindset is to make profit not to get lost, so basically enrolling into a business should base on decision, and the success of it, is determine by the management and how curious we are into the such business, and it's nice to have business orientation before adventuring into it, and that will enable us to know the kind of investment we are meant to do, to avoid a huge lost.
3824  Other / Beginners & Help / Re: This is IMPORTANT!!! on: June 03, 2021, 09:09:08 PM
Hey newcomers, self-proclaimed newcomers, oldtimers who watch this board!
I have noticed that there is a lot of people who spells the name of bitcoinidol and it's not cool , not even okay. In my honest opinion.
The only thing i noticed via spelling and pronouncing of word's is base on a country intonation and method of communication and pronunciation, at times people will know the accurate spelling, but due to fastness and out of carefulness or impatient equally lead's to misspelled words.


Its a disgrace, an abomination!
Lol, errors is of the key correction and stand of average person, i have not seen any disgrace except such error repeat itself occasionally.
3825  Other / Beginners & Help / Re: Understanding the importance of monitoring weekly paid posts on: June 03, 2021, 08:32:57 PM
From my perspective, a signature campaign required maximum count of post in order to achieve their objectives because i notice that making exactly total number of post which is the requirements of the campaign is not really impressive enough, so making a numerous posts showcase the images of the platform or site, i know that some people personal interest to make post, is to get to campaign weekly payment quota, but from me i think its a negative idealogy, and it can bring setback of the company, even though a campaign have total number of post from their participants, i believe that a participant suppose to make above the demand of the company.
3826  Economy / Speculation / Re: Everyone is fearfull. Someone said this is time to be greedy on: June 01, 2021, 11:36:02 PM
There is also blood on the streets, so someone said this is time to buy. Look at the amount of fear. So follow this?
From my perspective Everytime is actual time to purchase crypto, but it depends on the individual objective to put it into function, really investors don't plan or make a specific arrangements on when to buy or sell, because they know quit well that any average business is made up of risk and profit, but base on novices and who are desperate to make a profit, but everyone mindset or taught is that this period is the season or time to buy, but on me it's a greediness as op cautioned it initially, i think purchasing anything depends on the way we strategies our self first.
3827  Other / Meta / Re: Finally got full access of my account on: June 01, 2021, 11:22:49 PM
I think all these  things is a huge lesson to people,most especially newbies that have not come across of such situations, banning of account weather temporary or permanent ban is a result of a mistake, which after passing or facing the penalty involve into it, it will enable a user to take adequate measure or precautions to certain extent, but actually base on violation of rules and regulations of the community and the penalty applicable or attached about it, people are now careful and conscious of rules.

Before, people don't really use their initiative for composition of letters because of online which contains already made and easy access to copy and paste work or articles, but since plagiarism and paraphrasing are one of the vital
conditions of forum, people have to reduce the rate of plagiarism to avoid temporary and permanent ban, i hope this is evidence of correction any one who are ignorant of rules of the institution can comprehend and take adequate correction for future purposes.
3828  Other / Meta / Re: Whats the point of this website? on: June 01, 2021, 10:57:18 PM
This website seems to be similar to reddit except with an older UI. It's obviously more focused on the topic of bitcoin but I can easily find a group on reddit to talk about bitcoin.

The forum is different from Reddit. The forum already has it name as bitcointalk. So it here we talk and promote Bitcoin. As a newbie it is important that you post this kind of trends in beginners and have. It is there before will be very patient to answer your question. But to see this kind of topic in meta will make some people not to be patient with you, even if you ask the question to learn. Finally, this forum is all about Bitcoin and other topics. There are many things to learn and to donate here about bitcoin, altcoins and other topics. Here you will also know the ideology of Bitcoin in other countries because many countries are here, contributing and promoting bitcoin business.
3829  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: Why is the process of listing Cryptocurrencies simple? on: June 01, 2021, 10:38:21 PM
The rate at which shitcoins get listed in different platforms makes it difficult to differentiate a coin created in a good or bad faith. When this shitcoins appear, early investors will take the first sit. If the project becomes successful, they will run into massive profits, otherwise a perpetual loss.

Most times a coin might be created in a bad faith. I mean such a coin might be created to solve an immediate problem or sink people's money. Immediately it is listed and promoted it will begin to make wave and hence become attractive to the innocent investors.

I am therefore of the opinion that the processes of listing Cryptocurrencies should be as strict as that of security shares, with reliable regulations. This will not only boost the confidence of investors, it will also ensure the longevity of the coins when listed.


I think there is a clear difference between shares and cryptocurrencies. The shares are centralized and regulated by a singls authority. For example, the London Stock Exchange is a centralized body regulating stocks and shares in London. They already have criteria know to everyone or which everyone understand. Even before they start their company. But in the world of cryptocurrencies, the whole system is decentralized. So, every platform listing coins are independent and have the freedom or willingness to set their own criteria. It is their business. You wil not tell them how yo run it. The best thing is to do research before you invest.
3830  Alternate cryptocurrencies / Speculation (Altcoins) / Re: The next 100x coin after bnb and after eth on: May 31, 2021, 09:25:11 PM
What is the next 100x coin that you would like to bet as little as $10 and gain as much as $1000?
Don’t tell me there isn’t anything that can make you filthy rich, you just need to look deeper.
Do you think DeFi or NFT would be next 100x?
Seeking general opinion can be sometimes confusing and misleading. And also it is not always easy to make x100 .
I will not mention coins for you, but i will give you some clues that will help you make nice investment.
1. You can follow trend to know coins that influencers are interested on, it move.
2. Pay attention to the chain on which it is listed eg BSC,Eth etc
3831  Alternate cryptocurrencies / Altcoin Discussion / Re: No one wants to talk about ATL on: May 31, 2021, 09:08:55 PM
Everyone keeps talking about (ATH) All time high but no one is talking about (ATL) All time low why? Do you think it's not worth talking about? Well you are missing out because crypto market can be manipulated to that extent, if all those influencers and whales or millionaires want to get top coins for cheaper price all they have to go is start bad mouthing crypto for a whole year and most coins will lose 80% of value and they slowly grab what they can and when it's time again probably a halving year they start talking good about crypto again and everyone start rushing in to buy and they become richer once again
Somethings are better left unsaid. Paying much attention to the negative makes it look like one is being pessimistic.
However, whether we talk about ATL or not, it does not eradicate the fact that it exists.  ATL is not always investors friend, so it does not deserve to be discussed as often as we discuss our friend ATH. It is just like someone who has a physical business discussing his losses as often as he discuss his profits. If this happens, the spirit of losses will over take his business.
So, ATL is there, and comes whenever it will whether manipulated or not.
Instead pay much attention to it, pay attention to the market movements within a stipulated period of time, which might neither be ATH nor ATL
3832  Alternate cryptocurrencies / Altcoin Discussion / Re: The CURRENT attack on BSC Defi projects on: May 31, 2021, 08:49:35 PM
it looks like the incessant attacks on Defi projects has moved into BSC projects. it started with pancake when their DNS server was attacked. then venus attacked followed which was unsuccessful. pancakebunny, Juld, bearn and Earnfi has been recently attacked. the flux in defi projects keeps exposing the weakness of these project. it is getting obvious that some of the developers are copy-cats.

My suspects is that. these guys might move into Matic when they are done with BSC projects. centralized exchanges was hit first. then decentralized platforms on ethereum suffered huge loss of funds. Now it is BSC. WHO knows their next move.


It is obvious that most developers depends on existing templates to develop a project.  This wil be honorable than calling them copy cats. Now, these hackers target where there is fund claustering. I think a remedy should be, the audit and regulators should have a cap on the volume of funds holdable by the projects which would be determined by the strength of their security architecture.
It is therefore for important for investors to pay attention to available audit information before investing.
3833  Other / Beginners & Help / Re: Social media advice to newbies on: May 31, 2021, 06:15:24 PM
Random strangers will never contact you through message to help you with your crypto investments, this should be obvious to everyone of you, just reply them 'scammer' and hit the block button or adjust your social media app to block unknown strangers, there are many of these people on telegram, Twitter, Reddit etc
It's obvious that we have numerous scam influencers on social media but the problem is the strategies to overcome their ambitions, so the following can be possible measures to avoid them and also decode their primary objective to penetrate you.
1) Ignore every unnecessary message relating to investment through unknown person.
2) Research and investigate first before adventuring into investment platforms.
3) Avoid any investment forum advert through telegram and Twitter.
4) ensure that 75% of assurance is there before investing

Scammers have divers means to penetrate to people, and it's very hard to notice a platform that is scam platform, so our trusting limit have to reduce to an extent.
3834  Other / Meta / Re: How I increase my bitcointalk account member rank? on: May 31, 2021, 09:34:45 AM
I have joined bitcointalk about 1 year ago. Now my membership rank is "Newbie".
Your activities shows that you have been here for years but the only thing i captured here causing stunted growth for you is because of the area of your concentration in the forum, it's obvious that you are a bounty Hunter, so how do you think that you will rank up without making positive contribution to the community, the only criteria i understand that will enhance the development of newbie via ranking up is a vital research, observation and good quality post because merit is awarded base on good post that's worthy to be emulate. As a newbie you have to learn and understand the concept of cryptocurrency in general especially Bitcoin.
3835  Other / Beginners & Help / Re: A legend was once a newbie on: May 31, 2021, 07:14:17 AM
Really it's obvious that everyone have a story to narrate, so op advising the community when he has not secure one merit yet is partially good to am extent, but i will like you to know that everyone here was once a newbie, but it's only their hardworking that made them to grow to certain level today.

Nothing is really bad for someone to get elevated here but it requires attention, consciousness and good information, actually i understand that the summary of op, is merit, a Merit can earn through quality post which can be done through proper research and observing the method of senior colleagues kind of post, when been captured this, i think the chance of getting elevated is there, lastly to enable you last here try to read the rules and regulations of the community and also try to follow up loycev thread dropped @acroman08 it will really direct you properly.

Welcome to forum.
3836  Other / Beginners & Help / Re: Newbies beware of such tricks on: May 31, 2021, 06:35:38 AM
Actually their is fraud everywhere especially Ponzi scheme kind of scamming which everyone can be victim of it, from my own perspective it's not only newbies that should be aware of scammer because someone that stays three years in the community can still be victim of this shit of scam.

While all these diversification or different method are been derived is because people love multiplication of income, so to avoid not to be involve via scam, is to verify investment platforms before indulging into investment platforms, so this can be done through research.

Newbies at times i don't see them like people who enter the traps of scammers, so i believe that what is emanating this level or rate of scamming is because of over excitement towards people who are money conscious or inquisitive, shall i will advice everyone take precautions because scammers are really interested to bring people down, and they easily get client through social medias, such as Facebook, Twitter, Telegram and most especially Reddit, so we should put our eye on ground.
3837  Economy / Economics / Re: Bitcoin could win the currency war on: May 30, 2021, 01:30:23 PM
All this points of yours really needs debate, saying that centralized currency is far preferable than decentralized currency, i think these really need more explanation or insights, it's accepted that centralized currency come into existence before digital currency, which digital can be decentralized currency, because looking at the current situation of nature it's obvious that people uses the digital system of payment which might be cryptocurrency and especially Bitcoin, so it's left to individual to decide for a means of payment, so am disputing the fact that fiat currency is superior than crypto, automatically it depends on the environment we found ourselves for transportation, many people currently accepts crypto because they use it for investment within short period.
So those are my two points-  1) centralized payment systems are faster and cheaper than bitcoin, and 2) centralized payment systems make cash a far better medium for exchange.

Let us face reality and make a positive point towards this, because, if i may as ask, in what function centralized currency is faster or superior than decentralized currency? Secondly you said that fiat is preferable for exchange than decentralized currency.

So i stand to refute the point of exchange, when we say decentralized, automatically we are emphasising on cryptocurrency and directly to Bitcoin, so globally no exchange of any form that can no been done with Bitcoin, except that the environment is adamant or ignorant of digital facility, currently Bitcoin is used for so many exchange's in different countries.
3838  Economy / Economics / Re: The Reason Bitcoin Investment will be preferred more than Oil on: May 30, 2021, 11:07:34 AM
Oil business is still a good investment when we know how to operate a business well because of the high competition nowadays. But if we're not into running business then it will be better to invest in crypto and monitor it throughly to really earn only those who knows how to trade can beat those who invested in oil. Even in any investment.
Besides that, I also think that it is certainly not as easy as investing in crypto because running an oil business is much more complicated, it seems,
but after all, if we learn we will know how to run the business,
what is clear is that it depends on people preferring to invest where as long as it is profitable there is nothing wrong

The simple truth of it, is that we have to invest to a place we will be confidence about our investment, besides while i prefer cryptocurrency is that you will be notify or be aware whenever the business is going against you, because you are permitted to assessed your investment, but for oil, i think it's handle or been controlled by someone and after the time frame given for the investment to manured or exceed the profit generated will be allocate to the investors, so it's quit different from cryptocurrency investment, but I'm not disputing the fact that oil is not good to invest on, but it's individual perception to indulge or enroll to any of them via investment.
3839  Economy / Economics / Re: Bitcoin could win the currency war on: May 30, 2021, 07:52:22 AM
Bitcoin is an exceptionally poor currency. It's expensive, it's slow, it doesn't scale... Nothing in the OP post supports the subject of the thread that bitcoin could win the currency war. Bitcoin will have to solve all three of it's major problems to win any type of currency war. Cash is superior in every aspect right now, and centralized payment systems are far superior to a decentralized blockchain system thus far.  
All this points of yours really needs debate, saying that centralized currency is far preferable than decentralized currency, i think these really need more explanation or insights, it's accepted that centralized currency come into existence before digital currency, which digital can be decentralized currency, because looking at the current situation of nature it's obvious that people uses the digital system of payment which might be cryptocurrency and especially Bitcoin, so it's left to individual to decide for a means of payment, so am disputing the fact that fiat currency is superior than crypto, automatically it depends on the environment we found ourselves for transportation, many people currently accepts crypto because they use it for investment within short period.
3840  Economy / Economics / Re: The Reason Bitcoin Investment will be preferred more than Oil on: May 30, 2021, 07:32:03 AM
Come to recent investment in future, nothing can be use to compare to cryptocurrency currently irrespective that oil have values right from origin it does not make more profit than cryptocurrency in terms of investment, so evaluating them physically, oil can be manipulated in terms of people that controls it, while cryptocurrency especially Bitcoin can not be manipulated, using this illustration to assess the preferable one, Bitcoin is something you can secure and monitor by yourself without seeking for second party, while in oil investment it's someone who will manage for you and give you return, so in another form it can equally call a share or shareholder via oil investment.


Oil business is still a good investment when we know how to operate a business well because of the high competition nowadays. But if we're not into running business then it will be better to invest in crypto and monitor it throughly to really earn only those who knows how to trade can beat those who invested in oil. Even in any investment.
Mate, I'm not disputing the fact that oil business is not tangible to adventure into, we are just considering the factor that cryptocurrency Vs oil, looking at both they fetch finance but the problem is that which of them will multiply our income very fast without delay and with confidence, cryptocurrency have different dimensions or criteria to adopt in order to generate different source of revenue, as you said initially crypto can use for trading, and cryptocurrency can be purchase and store for long term investment, cryptocurrency can be use for negotiation of business transactions as an exchange, in summary cryptocurrency appreciate like land, so it has different categories that it can operate to raise income, so looking at all this am not sure it can be compare to oil investment.
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