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June 17, 2024, 06:57:27 PM *
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501  Local / Politics and society (Naija) / Re: Nigeria GDP. Now fourth in Africa? on: April 19, 2024, 08:41:49 PM
Nigeria was doing well in domestic products and the GDP was good from Obasanjo and Goodluck period of the economy it was when Buhari came dat everything turn upside down and APC came to change the economy from bad to Good. As of last month we have this $253 billion in 2024. IMF said, South Africa will take over the largest economy position in the continent and that will follow by Egypt and Algeria. https://www.google.com/amp/s/nairametrics.com/2024/04/19/nigeria-to-become-africas-fourth-largest-economy-in-2024-imf/%3famp=1
502  Local / Nigeria (Naija) / Re: Advantages of Bitcoin halving on: April 19, 2024, 08:18:35 PM
The halving is just 30 blocks to go and this what is written in the mempool "Bitcoin's 4th Halving in 30 blocks!". So probably we are expecting the halving from today either the morning or afternoon and I don't think the remaining blocks will reach evening. As some people commented, in Bitcoin people see the advantages of it than the disadvantages. And in all level miners dey make money.

And di investors also dey make profit from di halving because as di price dey go down dem go buy and sell when di price go up. But dis year halving wey want to occur I never understand am oh because di price of bitcoin dey go up like this.
503  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Doge worth investing? on: April 19, 2024, 07:59:08 PM
When I wanted to invest in Ethereum I only asked the wallet I would and I didn't ask anyone whether to invest or not. Investing in any altcoins is a personal decision so that when anything happens you bear the pain and the lost and when you make it from there then glory be to God. Let me give you good example. I invested in Ethereum when it was $3.667 with the some of $40 and $20 dollar and I split the investment and one side was 0.0058 Ethereum and the other side was 0.0033 and I sold one the 0.0033 as the rate $8 the loss was bear by me and I didn't blame anyone because I invested it by myself and the remaining 0.0058 Ethereum, when I checked it today it was $10.

I still bear the pain so if you are interested in doge then do it by yourself. I wish your all the best with save journey.
504  Alternate cryptocurrencies / Altcoin Discussion / Re: Meme coins at it again, Another about to go up ? on: April 19, 2024, 07:44:35 PM
Probably because of this memecoins ordinals the Solana network is congested with the high transaction fee. If you are investing in new memecoin, you have to prepare for the risk involved in it. The $34.91M market cap is nothing but it might be a trap to attract people to invest and after the period they program to have their target then the project would crash and everything will be gone. And for now they can even launched it in some exchange and when the agreement with the exchange end, they will withdraw their services and if you are not smart enough, your investment is wasted or will lost to their hands.

So be careful with all these memecoins and airdrops.
505  Alternate cryptocurrencies / Altcoin Discussion / Re: Doge day!!. Expectations??? on: April 19, 2024, 06:57:45 PM
It has been long I heard from doge coin and this is the first thread I have seen since from the beginning of this year. And you are bringing this Dogecoin celebration and we don't even know what you are celebrating. Is it Dogecoin bull Run, Halving, or All Time High? And if this the current price of Dogecoin $0.1528 then it still has a very long way to go.

And my prediction for that coins which is the expectation you have requested is 0.3573. because of your excitement about the coin I thought the it has hit $1. But when I checked it still has long way to go.
506  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: What's on your bullish wishlist on: April 19, 2024, 06:34:47 PM
One thing I noticed in the altcoins is that they are not following the bull market and almost all are in the state of stablecoins now. Ethereum that people are recommending has also join the memecoins group. And now to recommend altcoins give someone is hard because their ways are not pure because if someone recommend them to you and they not doing well to your expectations then you not be happy with the person. So the best ways is for you to make your personal research so that you know and understand what you are investing in.

Even people recommend some, you have to make research on them because what is good for another person might not good for you because the aims and the plans even the goals are not the same
507  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your strategy to win in this bull run? on: April 18, 2024, 10:59:21 PM
There are different ways to refill your wallet and which have been discussed by others in the main Bitcoin boards and others boards and also here. Which I will also add more to it so if you want to buy you can follow up. But you have to know that the halving is already here and just an hour or fear minutes to kick start the halving now. So if you want to buy you don't have to use the DCA again if you are planning to sell at the All Time High in this season.

Just buy now and wait for the all time high that is coming probably from September or October. But I don't know how long the halving will last because this will be my first encounter of the halving.
508  Alternate cryptocurrencies / Altcoin Discussion / Re: Any other coins like Primecoin? on: April 18, 2024, 10:57:26 PM
Abiky my man you are really trying from this side of the forum and just that merit is not here in the forum if not, you have good posts here to be merited. Keep the god work burning over this section. Well I don't know the coin much and I made research in the net and I came up with this price of the above over name project $0.02595. And in the cryptocurrency market, and the way I looked at, many projects will spring up and after some years, they will die and will not resurrect again or probably form alliance with another project to rise again.

I don't normally like NFT from the beginning so I didn't invest or participated in it. And since when I joined the Cryptocurrency community, I only focus on Bitcoin and recently investing in Ethereum which I am even regretting.
509  Alternate cryptocurrencies / Altcoin Discussion / Re: WIF was a good memecoin, any other about to go up? on: April 18, 2024, 10:46:25 PM
I will not advise you to invest and will advise you to invest in Bitcoin, Dogecoin and Eloncoin because those one are less in transaction fee and good market cap to invest. WIF - Dog is even new to me here and it is the first time I am hearing of it. But if you want to invest then follow your mind but if I were you I would have channeled the money to another good project and invest in it. Since you have missed out and the coins has risen to a good point then the next thing is foe it to crash. And that is the method of all these shitcoins.

Once they have risen to a point a d when they came down then it is to die and foe it to rise again it is difficult. So don't invest in it. That is my advice. Thanks.
510  Alternate cryptocurrencies / Altcoin Discussion / Re: should i invest in new project? on: April 18, 2024, 10:33:17 PM
What is the need of all these shitcoins and memecoins. Must everyone create coin? The more airdrops and memecoins come to the ecosystem the more Bitcoin is more used and the participants.are increasing daily. And all these creations of theses shitcoins.and memecoins I have not seen any compensation among them and the cryptocurrency world at large. At first I thought when these coins come to the system it will cause more competition so that those ones that increases in transaction fee will reduce their fees but that is an opposite of what I think.

And most of these coins are the causes of high transaction fee in other projects network.
511  Alternate cryptocurrencies / Altcoin Discussion / Re: Israel vs Iran - Will this limit the coming bull run? on: April 18, 2024, 08:36:55 PM
Please can you tell me some of the reasons what the war between Israel and Iran will affect the cryptocurrency market? Because as for me I don't see any effect or the war affecting the crypto market. Are the two countries are supporting the development of the cryptocurrency ecosystem or are they investing in it? I think Russians and Ukrainians were investing in Bitcoin and that was why when the way broke out it affected the cryptocurrency market at that time because those who were investing in Bitcoin were destabilized.

But I didn't see Israel and Iran in that manner that will affect the cryptocurrency community. Well nothing is impossible but I still doubt.
512  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana blockchain on: April 18, 2024, 08:27:42 PM
Though the thread was created in May 03, 2020, 05:23:54 PM but it still has discussion important in the present happenings. Solana coin would have been a very good coins in the cryptocurrencies ecosystem even it would have better than Ethereum because Ethereum movement is more slower than Solana. But the congestion of it network that also slow down process of people using the coin and the network. So I will also like the developers to focus on the congestion of the network to reduce the high transaction fee so that people can use the network very frequently. Solana network is one of best for cryptocurrency enthusiast.
513  Alternate cryptocurrencies / Altcoin Discussion / Re: EPIK the next Solana meme sensation? on: April 18, 2024, 08:14:18 PM
There are so many such projects in the solan ecosystem and all of them will die in a year. I understand that you only provided information, but it has always been very dangerous to invest in such projects. I usually hear a lot of news about crypto users losing their money in such projects.
Exactly and all those total supply and market capitalization in most time are just formulation and not reality. And the way I understand those memecoins, there are some groups of friends would come together and raise that amount and deposit it to deceive people to invest and when they have taken enough money from victims then the project would have issues and die off. No crypto project will produce another coin that will come and pass it in the space. And what I mean is that no memecoin that is in Solana network that will come and over take Solana again instead it die as you said.

Be wise when dealing with this memecoins and airdrops because most of them are for trap to lure people to invest.
514  Alternate cryptocurrencies / Altcoin Discussion / Re: Whatever happened to decentralized marketplaces? on: April 18, 2024, 08:01:18 PM
Op that part of the bitcoin to buy and sell things online is no more visible and it has removed from the bitcoiners and the only thing that exists now is the investment aspect of it and everyone is going into investment and not to buy things and even the people that accept bitcoin in their stores are just few in the cities and for the community level none. And eBay and Amazon are already centralized marketplaces so nothing that happens there would be as decentralized again. And yes as you said, it has been long that decentralized system in the cryptocurrency has been fading away because of their high cost of transaction and low price rate for selling.

Once the decentralized exchanges have review their rates then they will bounce back again and people will be using them like their counterparts.
515  Alternate cryptocurrencies / Altcoin Discussion / Re: Crypto market lost over $400 billion in two days, indicates Iran Israel issue on: April 18, 2024, 07:46:43 PM
Op one you didn't contribute any to the news and just copied the part and paste it here with link. And the link you provided is full with virus and because of the nonsense ads in the link, I can't really read the full details of the article. So I could not read everything but partial reading and got some information. And that news or the article is in doubt because after reading your article I made research to know more about the news but I couldn't find any. The news is not legit.

One thing I was thinking was that how can Israel and Iran war lost $400 billions bitcoin? Although it possible in the country of either Israel or Iran because of the bombing and seed phrases might be bombed along the line but if general and because ot the war bitcoins lost generally then I wouldn't not believe that story. Someone was even saying that it is because of the war, bitcoin is coming down.
516  Alternate cryptocurrencies / Altcoin Discussion / Re: Buying more of the Dip on: April 18, 2024, 07:30:19 PM
Op I think this your thread is well suited in the speculation board. And you can't compare El Salvador with individual investors who are struggling to acquire some bitcoin to their portfolio but El Salvador as a country uses the country resources to buy bitcoin so you can bring what Nayib Bukele the president of El Salvador does in the country to buy bitcoin wit another individual because the sources of income are different. And as you said, this is the best time buy bitcoin but if the person has more but it there is no money then then he or she will be just looking at the present price.

The halving is left with 181 blocks to go and that means tomorrow will be the beginning of the halving and it is the best time to buy bitcoin
517  Alternate cryptocurrencies / Altcoin Discussion / Re: My trustwallet of $211,000 has been stolen, any help or advice is appreciated on: April 17, 2024, 09:59:30 PM
It might not be your fault, since Trust Wallet can be easily hacked but it is seems like you know the right ways of saving your funds but I don't know why still stick with Trust Wallet but hope you are going for a more better wallet or at least a good hardware wallet like Trezor.

Hope your Mom gets better soon, the is your strength, I see you already did made a post in their ANN thread base on MusaMohamed which will get to their notice faster
I guess I'll need to move my bitcoin again, didn't know that Trust Wallet is that easy to bypass that they can just easily take away the funds in someone's wallet that easy? Kind of ironic that, you name your product as Trust Wallet but then you as a hodler can't trust to put your funds in there, I guess the plan to move it all to a safer Electrum wallet is going to be a priority to me now, prevention is better than cure. I hope that OP finds out the perpetrator and I think that with the resources that you've put into this, you've increased your chances of recovering that stolen funds if not find out who's the scammer. One thing that you've got to understand about this though, once they uncover that it's people outside of the country that you're in, you're going to have a hard time pinning them down because you're going to need the help of the country of origin of the hacker, if you're lucky they might make a move and arrest or seize that person or group behind the hack.
It was like a song in the forum that nobody should keep coins in trustwallet because it is a custodial wallet which is prone to hacked at anytime. There are two places you don't have to store.or keep your coins. Trustwallet and Exchanges. Some people so much exchanges that whatever they have they would use it to buy Bitcoin and store it in the exchange wallet. And I think what happened in the my with Binance is a good example . Although nobody lost coin there but Binance disabled the fiat currency p2p and  You can't sell again and assuming Binance was not a reputable company and they run away with your coins like others do? What will you do? So we advise people to use electrum and other non custodial wallets.

Don't use anything centralized exchanges or wallet to keep your coins in the cryptocurrency world.
518  Alternate cryptocurrencies / Altcoin Discussion / Re: Which airdrops are you currently participating in? on: April 17, 2024, 09:49:13 PM
I have not really deal with fear in airdrops. I always see them as something that people are using to make quick money and the risk involved is incalculable. Like as cryptoaddictchie said one of the Airdrop listed by you has been ended and you that listed it probably don't even know that it has ended and you want people to invest in it by pming you. That is pretty risky as well. I only tried once for a long time ago and I could withdraw the funds so I lost and since that time I just the it.

All the ones you mentioned are new to me I ha e note heard anyone and I am not even interested for the any. Op I k ow the tactics here, once a soldier is always a soldier. You want to send referrali ks to people so you are using this method to attract people so that anyone who ask you will sent the person the link and you use it to increase your chances. Good tactic but I don't think it will work here.
519  Alternate cryptocurrencies / Altcoin Discussion / Re: Solana might be next leading, after Ether & bnb. on: April 17, 2024, 09:32:49 PM
Solana is getting heavy response from people. And recently i found solana network congestion,  rapidly the increasing failure rate in transaction, makes solana unstable due to increasmenr of its popularity as well as its demand, as a result high network activity. The Mainnet Update still keep going on to solve the problem. Not only those memecoins but also a lots of memecoins and others altcoins that builds up under solana network, havw created too much hype in crypto market and the demand is going on. Solana already leading and It seems, solana era will be continued in the whole bull run.
Yes you are right and because of the heavy visit of people in the project causes the congestion and the congestion of Solana and Ethereum were caused by Bitcoin congestion because has the network of Bitcoin congested, users of Bitcoin started transferring their assets from Bitcoin wallet to Solana probably they used exchange for that transaction and they full the network of Solana and Ethereum now these two coins networks have congested like the Bitcoin network. And the only project that I have not heard the name is Litecoin which people were also using to make transaction last year when the network of Bitcoin was full up.
520  Local / Nigeria (Naija) / Re: Crypto is really helping on: April 17, 2024, 09:24:24 PM
Yes cryptocurrency has helped a lot of Nigerian youth from the hand of the poverty chain. After graduation many people don't know were to start from and even after di nysc nothing come out so when they finally join this cryptocurrency investment business and the thing come dey change their lives become di middle class people. And I dey talk say na computer people na dey make money pass for dis our new dispensation because na internet nai be concon wey pesen go fit make small money go start life small small dey wait for government work.

Anyone wey dey dis world wey no Sabi operate computer should go and learn because do world no be like before wey everyone dey depends on government but know you have to depend on your knowledge and skills.
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