To be frank, I once had this palpable fear around the time the Chinese government banned crypto activities in China, and I was like what if that happened in my country? But great a thing the ban didn't come, following the Chinese ban. That would've dislodged so many crypto lovers and investors in my country. Since it didn't happen then at a time when Bitcoin had so much bad reviews, I don't see it happening now when the globe is getting into full grasp of its benefits. So, I doubt if the government of my country can ever ban Bitcoin.

Perhaps, you lost the import of my perspective in that comment I made. What has kept Bitcoin going in spite of the huge dump it suffered (I am referring to that of 2018 as I didn't witness others before it) is the trust the community has for it. And that's the only thing that can collapse Bitcoin, not even any government legislation. I saw what happened in 2017 when the Chinese government outlawed Bitcoin in that country. It only shook the operations of Bitcoin among merchants in that country a dew weeks and Bitcoin came back strong. So, it's the same way it will be in other situations except there is lost of faith in the tech by the community. Bitcoin is decentralized.

By extension, what you're implying is that the Bitcoin market is in the overbought region now, right? Well, I used to believe that there was something like oversold and overbought areas when I started out trading a few years ago. That was in the past but experience has taught me there isn't anything like that. There can be corrections in the market from time to time, and this is fueled by fear of investors wanting to cash in on an opportunity to take profit and reenter later. It's an experienced way of trading. I often do this.
I don't follow any index because none is accurate. They're mostly lagging indicators.

Going by the OP's data it means only Chainlink did very well within the time bracket (2018 - 2020) from $1.04 in 2018 to $12.89 in 2020. However, I know altcoins will always rise once there's a Bitcoin bull run. I look forward to such a time around this bull run (that has taken Bitcoin to $16,000) which will resurrect penny tokens/coins below one cent and then take them to three to five dollar or above. It happened in the past and I know such happenstance will reoccur soon.

Such opportunities are ubiquitous, even now. Bitcoin is a decentralized coin, look for decentralized coins which are undervalued or tokens with utility and buy now. They will also gain traction in the near future.

But of course, this is the truth. If anyone, including Warren Buffet and Bill Gates, knew Bitcoin would get this far ten years ago they would've bought themselves shitload of it; even if it meant borrowing from the bank to do that or selling off their shares in juicy companies.

Exactly! Just like those who bought it ten years ago at less than $1 but sold off before it got $100. The same scenario will repeat itself soon.

Sorry, I don't see this ever happening. I thought it would in 2018 but now we have passed that era of uncertainty. Bitcoin isn't a bubble anymore. It's the bedrock of the crypto industry and the blockchain tech. It ain't going anywhere.

Oh, so na about im Marle death him later yarn there. Sorry bro. Na God go comfort you for that one. Take heart.

Lol... Na real village people oh. Na the same thing wey Brainboss warn am too. But e be like sey the guy don wipe dat yarn comot for here. And me dey think sey na too much wahala wey dey im head nor make am reason the matter wella before e come yarn the dust opendentially here. I believe sey im don give himself better brain na. One love my people!

Very apt!

This is painful and I think BM who have managed projects like that where hunters were treated in such a manner should be avoided.

If care isn't taken, I foresee a situation where it will be very difficult to attract quality posters in bounties as a result of this ill treatment of hunters.

Every genuine project pumps and dumps at certain stages. It isn't peculiar to a few projects. Even Bitcoin dumps really hard. It's just that Bitcoin has come to be trusted to always rise back once it dumps. If other projects dump the way Bitcoin does, I guess they probably would've stopped existing. I mean, what project dumps from $19,000+ to $3,500 and still rises back to $15,000+ after two years, if not Bitcoin? So, gaining and dumping isn't just a DeFi thing. It encompasses all projects.

So true of your insight on this. I have a couple of Tidex tokens from the Tidex Exchange (it's an exchange token too) sometimes I get worried of what could likely happen to my hodling if things were to turn south for the exchange because Tidex is only listed on just that one exchange. But like BNB, good things of life don't come easy. They take time. I remember when BNB got listed on its own exchange and how it dragged around less than 30 cents for weeks before spiralling onto a bull run and hitting an ATH. I strongly believe that every exchange token is laudable and a good buy.

Congratulations ranking up. I can only but imagine what the feeling is for you as I am in expectation of ranking up too. But I don't know when that will be as it seems am stuck on here 😂.

However, I like the part where you mentioned "LESSONS FROM MY JOURNEY ON THE FORUM". All three points are on point!

I nor too understand your yarns  for here oh. Wetin you dey talk here be sey na you be the same person as Blacklist and dem don ban that account sake of sey you use wallet address wey you use for account wey you open for 2015 take run signature parole? Well, if dat na wetin you mean to talk there be dat, e mean sey wetin you dey do now with this new account be ban evasion. If dem find out sey na you still get this new account, dem go slam you with another ban join. That one go be permanent ban. Ban evasion na ogbenge bad thing for here oh. You mention your mama there. Writing do Marle? She too dey Crypto?

Make I even warn all of us here. Abeg, make una shine una eyes wella oh. Una sabi sey many eyes dey this owa joint now. Una know sey anything naija dey draw suspicion as bad belle don too much for us. Sometimes I nor dey blame these oyibo people as dem dey take view us as ole. Na owa bad leaders dem cause am for us. Make we all dey careful with anything we dey do here, abeg. Cowtry hard.

I don't know where you quoted from but the Senior rank is included in the OP as seem below 👇

I never said he was a real deal. If anything, I said 👇


If I were you, I wouldn't count on those old men to do anything meaningful for Bitcoin or the crypto industry. This is a terrain these old men know next to nothing about. Bitcoin is a tech for the upward moving generation, not some traditionally business minded individuals.

At any point in life we still need people in our space. The axiom "A tree doesn't make a forest" lays credence to this fact. The above people you mentioned can still speed up or delay the progress of Bitcoin despite it being a decentralized crypto. It's the same way its progress has been delayed so far because Trump bashed it. Imagine if Trump supported it, don't you think a lot of people (billionaires inclusive) would've keyed in and bought? A community crypto needs people to grow and Bitcoin is one. However, I don't think Biden will want to promote Bitcoin. He would rather play safe except he is beaten into it by the crowd because he seems someone who will want to dance to the tune of the crowd. Biden looks more like a puppet to me than a real deal.

So, you think Trump was responsible for the delay in finding a vaccine for the pandemic? Or there is a conspiracy theory to get Trump out of office by the big pharmaceutical companies? For me, objectively assessing the whole thing, it looks more like the second question in play here.

Honestly, those of us who aren't politicians can only but imagine what politicians go through when in lost of elections or their excitements when in win. In anticipation of what next for the outcome of the US presidential election in weeks to come, I will like to ask these questions so we can objectively garner some expected answers to them.


Biden, hitting the ground running?

1. Now that Trump has lost out, will he be humble in defeat and reach out to Biden or continue to cry foul and allege electoral impropriety?

2. Will he move out of the Whitehouse before January 20th as quickly as he went in four years ago or want to be obstinate and remain there?

3. Will Trump be that embittered not to attend the inauguration of Biden as the 46th president of the US?

4. Will his supporters (even those from the Christian community) take his defeat in good faith as what fate brought them and not go wild with rioting?

These and many more are questions waiting for answers.

Honestly, this is a real trying time for a lot of people because of the pandemic. When I don't see members online for days I worry for them and begin to think if the worse has happened, truly. Since usernames aren't real names, we may not know if this forum has lost some members to the outbreak in death. So, quite understandably, it is safe to assume that the mentioned users didn't intentionally chicken out but that something could have been amiss with them. Anyone who knows them outside this forum can check on them to ascertain what issues they're faced with now. Again, if there are merit sources who have been known to have abused merit and their positions as sources, such should be revoked and be sanctioned appropriately.

This is a no-no for me. I tried it in 2017 and got severely burnt. I rather wait for the token to be listed on exchanges if it's a desired token and then buy.

This is the best buying strategy for me. But the nag with this is one's ability to decode if the dump isn't a soft exit. Otherwise, one will end up buying into a project whose devs have dumped finally.

This would be you chasing price because it's FOMO and it isn't good. You can buy on the rumour of the news (that's before the news is made official), but not on the news.

Exchanges are overrated. I don't buy a token because it's listed on Binance or some other big exchanges. I buy tokens which have a use case.

Those projects you mentioned were managed by Bubbalex, a manager of high repute. I promoted the first one (Cartesi) but didn't enrol in DIA. Bubbalex has the love of hunters and respect from the bounty community  I guess that's why hunters rush to be in his bounties even when they know the rewards are not escrowed. However, what I just pointed out here isn't to belittle the need to escrow rewards by bounty managers. In fact, escrowing rewards should be seen as a necessary addition to the contract managers make with project owners. Having rewards escrowed will even save managers the risk of being called scammers or of their accounts getting tagged by DT members if project teams scam hunters.

A lot of us forget that among those who died from the coronavirus outbreak were active traders too. Dead people don't trade or engage in businesses. So, this can also explain the drop in trades. Quite alright, the first wave took the world by surprise and unprepared we struggled to cope with it. But this second wave will be met with stiff preparedness, at least.

Any bumpy encounter should be seen as a correction and that is expected. If we are truthful to ourselves we would reckon that Bitcoin has already had a great bull run this year despite the pandemic.