This news only proves that the government are yet to be tired of their foul plays against Bitcoin, which have so been ineffective so far. No matter what their plans are, I'm positive it still wouldn't yield any outcome, because even if they succeed to enact some sort of regulation on miners that would in some way restrict miners or disrupt miners in the United States, they can only exercise such power within their jurisdiction and not outside of it. There are Miners all over the world and not just in the United States, so even if they succeed to stop thr miners in the United States ( which I doubt is even possible) there are still other miners out there who would still continue mining keep Bitcoin going as usual.

I just believe this is one of the government's futile attempts to stop the evolution of Bitcoin, because they've tried severally in the past and failed, which just proves that Bitcoin is meant to happen, with or without their consent.

Round 2
Re: Am I actually doing it right?
Category: Opinion and Suggestion
Board: Beginners & Help

Re: US wants to know bitcoin electricity usage in the country
Category: Opinion and Suggestion
Board: Bitcoin Discussion

Re: Just HODL
Category: Opinion and suggestion
Board: Beginners & Help


Re:Try all your best to gain knowledge
Category: Opinion
Board: Local/Nigeria(Naija)


Re: HODL bitcoins, you can do it! Look at HODL camp map to build up strong hands
Category: Information and Contribution
Board: Bitcoin Discussion

Everyday is the best day to invest in Bitcoin. You don't need to have a specific period of time before you can get a greenlight to buy Bitcoin, although there are special occasions or events either present or future events that gives a good greenlight for Bitcoiners to buy, but this doesn't mean that's how it should be.

You can never know the debt or the height of Bitcoin, you can only tell that Bitcoin is dipping or it's experiencing a bullish trend but you can never know for sure the lowest or the highest it's capable of going at that moment, so saying you'll wait till Bitcoin dips before you can buy or you wanna wait for Bitcoin Halving or any other event to take place before you start buying them you're doing the wrong thing. If you have the money and the zeal to invest in Bitcoin then stop waiting, go ahead .

First of all, wetin be knowledge? Knowledge means to SABI SOMETHING.
One thing wey I understand about lack of knowledge na say, if you as a person no get knowledge about something, things go just hard for you, even if you dey entitled to certain privileges wey supposed make something easy for you. First of all, shey you gats first sabi say you get privileges before you fit access am? Even if you get all the privileges or tools to survive, all at your disposal, if you no sabi use those tools, you go still suffer, despite say you get all the tools.

Make we make sure say before thing of enter something, either business or marriage or any important life event, make we first go do proper research about that thing make we for first gather knowledge about am, make we for no go make mistakes wey we for don easily avoid assuming say we get the adequate knowledge about that thing. So the importance of knowledge, you no fit talk am finish.

Well first of all, I never see This forum as source of income, at least for now, because i never really start to earn for the forum, for now, I still consider the forum as learning environment rather earning environment. And I see am say even if I don start to earn for the forum, I go still see the forum as learning environment wey e originally be.

For me, I be business man and well as Bitcoin and crypto enthusiast and investor, na that wan be my occupation and na e dey feed my family, so until I don eventually start to dey earn for the forum one, here na just where I dey come gather knowledge from different people around the world.

I go talk day the main reason wey dey make new members wey recently join the forum to loose interest na their reason for joining the forum. Some people get wrong information about the forum and na that information them dey work with, na the information wey don register for you mind go influence your behavior towards the forum.

Some people wey join the forum, people wey introduce them, tell them say, all they gats do na to register account and start to dey post correct correct things and them go start to give you merit and then when you don reach better rank, you go fyn one campaign join and then start to make cool cash. I know say na this thing them tell most of the people wey dey newly join this forum.

So when you don carry that kyn information for mind take join the forum, them start to dey post things wey them feel say e make sense ASAP then dey expect merit, and if the merit no come start to dey come the way them been expect or the way them been tell them, them go come loose interest for the forum go focus on other things wey go pay them money.

I always tell new members say this play na where people go learn and talk about Bitcoin, other tokens and some kyn general topics, so if you dey come that kyn place, your main motive na to learn as much as you for, and when you learn finish, you go come start to dey contribute wetin you don learn and then you get paid for your contribution. So if you never calm down learn, nothing you go fit contribute so rather prioritizing gaining merits, make we calm down learn first.

You have provided concise explanations of the advantages and disadvantages of lump-sum investment vs DCA. While lump-sum investment can be dangerous in unfavorable market situations, it can also result in large profits in favorable circumstances. By spreading out your investments across time with DCA, you lower your chance of losing money in the event of a market collapse. However, if the market takes off, you might pass on the chance to make a significant profit

When determining which strategy is ideal for you, I believe it's critical to take your long-term objectives and risk tolerance into account. It's also important to remember that DCA may be more practical for people who lack a sizable sum of money to invest all at once.


The decision of how much and how often to invest is one of the most essential elements of DCA. As an illustration, you may choose to invest a certain sum of money each week, month, or quarter. Rather of investing your entire savings all at once, the goal is to spread it out over time. This strategy can result in lower total expenses and helps to moderate market volatility. Another tactic is to automate your DCA plan, which would cause frequent automated transfers of funds from your bank account to your investing account.


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You couldn't be more correct, and yes sometimes in the journey of crypto, the best option would be to BUY and HODL, you can agree with me that the most successful people in the crypto world are those that has mastered the act of BUYING and HODLING, I'm not saying traders are not successful in the crypto world but we must come to agree on the fact that if you HODL Bitcoin, you don't stand any chances of losses, other tokens might be different but Bitcoin has proven to have stood out with the previous and current progress so far.

When you HODL you don't fear dips, on the contrary, you even pray for the dips sometimes because it's another opportunity to BUY more Bitcoin.
I really do not see any reasons to why I should go ahead to trade and risk loosing a fraction of my Bitcoin when I could simply just HODL and watch my figures grow overtime.

First of all, you're welcome to the forum.
Secondly, I don't know what your brother who introduced you to the forum told you was the main aim and purpose of this forum, but if he told you that the major aim of joining bitcointalk is to focus on earning merits, joining a signature campaign and start earning some money, then I'm afraid your brother has given you a wrong information. The only wrong this I see you doing here is being here for the wrong purpose.

Yes, it's true that when you've earned a good number of merits and grew your account to a certain position or rank, you can join a signature campaign and then start getting paid, that's actually true but it shouldn't be your driving force to participate in activities here on the forum. As the name of the forum Bitcointalk implies, its a forum where people come to talk, learn and share knowledge about Bitcoin as well as other crypto currencies and also some general topics. This is what we do here and if your contributions to the forum is good enough and worth meriting then you get appreciated by being merited, and that's how you earn merits.

Now as a New member here that's just been a few months old here, I'll assume you haven't gathered enough knowledge yet, except maybe you already have enough knowledge about crypto before joining the forum, either ways, as a new member here, rather than struggling to post and hunt for merits, I advice you dedicate your time and energy to learning how the forum works and also about crypto. And after you've learned enough then you can start contributing by posting informative posts, and then people will see the meaning in your posts and then you start making merits without stressing yourself. It's as easy as that

I know you sometimes look at the legendary member's merit stats and you begin to wonder how they magically earned soooo many merits and then you start investigating on how you can earn so much merits too, it's not magic mate, those people dedicated time and energy into learning and now their sacrifices are paying off so do the right thing and you'll also see the same results.

Inflation is sure hitting not just the Nigerian Naira but also other currencies., the inflation has proven to be a global pandemic that is eating really deep into every country's economic reserves. I wouldn't say that the case of Nigeria is the worse because I'm pretty sure that despite our poor economy, there are so many countries that can not be compared with us, because we are far better than them so our case isn't the worse.

Now there are other ways a Nigerian man can survive the inflation that's infested this country asides crypto.
1. Have several sources of income: by having several sources of income, you'll be creating so many streams for money to come into your pocket, either daily, weekly or monthly, that way you'll be accumulating more money Rather than depending on just one source of income.

2. Start earning in Dollars: Thanks to the digital age we are in now, we can still be in this country and still earn in other currencies, there are lots of ways one can work and earn in dollars online without even leaving the comfort of your home. Yes, inflation may also be hitting the dollar too but it's much more valuable here than it is there, right now, a dollar is almost 1,500 naira, so just imagine having a job you're been paid 500 dollars every week or month as a Nigerian man, imagine how helpful that would be for you. The value of $500 isn't the same there as it is here, it may not even be enough to buy groceries for a week over there, but over here, it's a huge money.

Sometimes our passion for something may drive us to go certain length to make sure that people hear about that thing, even if you're not being directly rewarded for your action. A certain time I've also heard about a group of young Bitcoin enthusiasts who coordinated and hosted a Bitcoin rally, they were all wearing a Bitcoin inscribed attires and the rally was a very huge success and they even went as far as giving out gifts and lots of giveaways and some exciting and thrilling things that got people asking what bitcoin really is. That single event aroused people's thoughts on what Bitcoin really is, and I believe that through that, people would be drawn to Bitcoin investment and that way Bitcoin network is gradually growing by the day.

True true, no knowledge is waste, everything I don learn for secondary school, I dey jam again for day to day life in one say or another. Like when I first enter University, almost everything wey we learn for year one na wetin I don jam for secondary school self, and the thing really help me because I go fit just easily relate them and funny enough na those things wey be the foundation wey go prepare us for the next level.

I remember when I been still dey secondary school, when them dey teach us, me and my classmates go dey talk amongst ourselves say all these things we dey learn now for here self say after waec we don dump them, say e no go even follow us reach University or follow us comot for secondary school, but to my greatest surprise, e do me voom for eye, cos even till today, I still dey jam those things.

Na true talk you talk so, and you get better valid point. Normally to fit survive for this our country, either as a single person or as a family man, you no gats dey put all your eggs for one basket else e go fit purge you, even if them dey pay you reach 200k or above, e get where e go reach, you budget go surely pass that salary, e no go come dey enough to take dey package yourself the way e been dey do, because everyday, things dey cost and inflation dey really dey chop this our country without looking back, so to fot tackle this situation you gats build better financial wall around yourself and you no go fit achieve this one if you dey depend on one source of income, no matter how mouthwatering and big the salary dey, you still gats look for other ways to dey get money.

But this one wey you come recommend am make e go do bitcoin to support en monthly budget na e I no understand, you of all people supposed know say Bitcoin no be like other Altcoins wey you go buy now and dey expect price pump in the next few weeks or one month, Bitcoin investment no be like that, the nature of Bitcoin good make you hold am for long-term, no be short-term, if hold bitcoin as short-term investment, you fit go wound yourself, because you fit buy Bitcoin today and dey expect profit in the next 1 month and if eventually things no come go like that, maybe Bitcoin come experience dip that period, you go see am like say you don make loss, and you fit even go withdraw your remaining money even in the middle of the dip. That time we go come dey hear say Bitcoin na scam.

Wetin your friend need no be to invest in Bitcoin since wetin him dey fine na wetin him go dey use dey support family, except maybe him don ready to HODL Bitcoin for long-term, then you fit advice am to invest in Bitcoin. Na all these things dey make people loose money for Bitcoin investment instead of to gain.

See my brother, I feel your pain and frustration, I know as e dey pain you because I believe say e dey pain everyone of us too like that, because I no fit believe say e get anybody for this our country wey dey happy with the way things dey go, everyday price of things dey go up, fuel dey cost, food dey cost and yet nobody dey do anything about am.

Na true you talk say if we think more about this country say we ourself fit make something happen, the problem be say our fellow country man and woman dey too think about themselves and you no go too even blame them because no be the fault of most of them, some people just dey do all those things, dey take those bribes, not because of greed like many people dey do, but to feed their hungry families wey no get wetin to chop, just imagine say you and your family never chop for 3days and you no even know how you wan take get money to feed them, then person come meet you, come tell you say make you go vote for this person make them give you 10k, tell me if that time you go think of the country again, me and you know the choice wey you go definitely take

Bribery and corruption don really chop deep into this our country Nigeria, so tay e dey affect everybody, no be just our country self, bribery and corruption na global pandemic but e just be say our own come too much and e come be like say e don dey too late to turn back now. Everybody get price, even you wey dey talk like this, e get money wey them go give you, money wey you never dream to see before, you go forget everything you write here, start to stammer. Na just God go help us my brother.

You do well for this eye opening article wey you write like this, I call am eye opening because e don really open my eye for plenty things and I don learn plenty things join.

No be today I don observe am say government people don really put eye for cryptocurrency in order for them to stop am, some country government don even go as far as to ban crypto for their country, some years back even my country Nigeria self, our government been ban cryptocurrency, say make we no dey do anything wey concern crypto, but the ban no really stop us because we wey be cryptocurrency enthusiasts still dey do our thing in secret, o ly say we no come dey involve banks for our matter them because if vank notice anything wey concern crypto for our transactions, them fit block your account or even worse.

No be lie say, crypto dey somehow pose small threat to our traditional banking systems and even the government as a whole because of en decentralized nature, e just be like crypto dey comot bread for their mouth, crypto dey comot somewhat level of power to make all financial decisions from them, now even normal citizens fit decide how their money dey go without interference of the government and the thing dey really pain them, and na e make this crypto matter dey really pain them and them dey try everything to stop am

I don't think I've heard that there's ever an option in the profile section that allows users to delete their accounts, because for what I know, there's none. You can delete your bitcointalk account.

I really dont know what your reasons are for wishing to delete your bitcointalk account but you can't, so the best you can do for yourself is to change your email, I believe you can do that one, so go ahead and change your email and abandon the account.

Absolutely, it's normal to try to look at other people's bets and maybe see if you could learn a thing or two. Every gambler has their own technique or pattern of gambling that works for them, and if maybe at some point you feel like yours isn't working anymore or at that very moment, you tend to pay attention and observe the next gambler's pattern and then compare which method you feel would be more effective and productive at that moment.

Again the next gambler's story or experience might also serve as either a motivation or a warning bell for you so yeah it's clearly normal to wanna pay attention to the betting details of other gamblers.

Like the popular saying, no risk no reward, but while chasing that reward, you gotta mind the kind of risk you take, even in other businesses, you cannot really maximize profit if you don't take somewhat level of risk. Everything in life is all about risk and not taking risk itself is another risk. But like I said you only need to be mindful of the level of risk you take, that's the difference between a responsible gambler and an irresponsible gambler's, knowing the gravity of the risk involved and knowing whether it's worth taking or not. You see some people risking all the funds in their bankroll to stake on just one bet, with the intentions of multiplying the amount. Such risk is just too much and common sense would tell you that it's not worth taking.

I don't believe that his family's reaction towards the issue would impact much remedy to the problem, because, how many locations can they cover? The victim can choose to go to another far location that his relatives couldn't have possibly covered and he would still carry on with his usual betting activities. What the person needs is real help.

And you might wanna get your topic well, specifically, it's an addictive gambling lifestyle that can affect your relationship with people around, and that's why gamblers are advised to gamble responsibly to avoid getting addicted to the point of finding yourself in a situation as this one, because once you get to that point, it's almost impossible to get out of it.

Physical or online casinos for me are basically the same, it's just a matter of individual choices, some people are more comfortable walking themselves to physical casinos rather sitting in their comfort zone. Some people do not have bank accounts ( especially old folks) could be that some people don't have Smartphones or computers to access online casinos, so they're left with no other option, other than to stick to going to online casinos, regardless the dangers associated.

Some people could also have other tangible and good reasons to why they chose to stick to physical casinos rather than enjoying the luxury of sitting in their comfort zone and even get a more sophisticated service. I have a friend who told me that he stopped using online casinos was because he finds it hard to control or regulate his gambling habit. Since he has everything on his phone, he could easily make transfers into his account and that makes him spend so much on gambling even when he knows he's loosing. And i actually do see reasons to agree with him.