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5341  Other / Meta / Re: Why do people beg on this forum? on: March 25, 2021, 07:22:15 PM
Don't forget to report the thread which are created for begging because which is against forum rules, the thread will be trashed and the user will be nuked for sure.
Doing that, but it doesn't seem to help much. I mean I know it helps, but these kids have more time than I do.
It do help, as fast as many people report such thread, as fast as it will be deleted. That is why such threads are seen deleted as fast as possible. As we see such thread, we should report it so that the person's account will be nuked and the post to be deleted.
5342  Alternate cryptocurrencies / Altcoin Discussion / Re: Can anyone Give answers? on: March 25, 2021, 06:27:33 PM
You create this topic on the wrong board, move it to altcoin discussion.

I can not trust USDt.

But about regulation, cryptocurrencies generally are gradually undergoing regulation step by step. You do not need to segregate stable coins from unstable coins.
5343  Other / Meta / Re: Suggestion about Merit Pop up on: March 25, 2021, 04:14:53 PM
I suggest that this default value is changed to 1, which is the most common merit value transacted. This will also avoid mistakes like sending 10.
I think making it just blank will be the best, it will make people to avoid the error. But thinking it should be changed to 1 is just self centeredness, how about LoyceV that do send 4 or 6, or Suchmoon that do send 4 or 7, o-e-l-e-o do send 2. Because you do send 1 should not be the reason while it should be changed because there are some people that do send more than 1. Making it blank will be good by default, but if changed or not changed, always be careful and check and recheck before sending merit to someone.
5344  Economy / Speculation / Re: Are you guys happy if bitcoin will dropped to $10k? Why? on: March 25, 2021, 11:56:55 AM
I do not see this as question because it is like a question that the answers are already known. If you have a lot of bitcoin already, or altcoins, you will wish the price to crash. If you do not have money to invest when the price fall, you will not care, but if you have money, not invested yet, you will want the price to crash to less than $10000 or below for you to have a proper time to invest for profit.
5345  Economy / Trading Discussion / Re: Data suggesting more than 95% traders are losing on: March 25, 2021, 08:52:38 AM
My conclusion, long-term is more profitable than day trades but only traders who have a high level of patience can change theirs trading activity into investments.
That is the good point, the traders lost a lot of funds because they panic and thought they got no option again than to just sell their coins, but cryptocurrencies can be so unpredictable at times, most the the traders lost in 2017, and sold in losses, but had it been they hold, they would have gained back all the losses and even gain more than expected in profit, but it takes years which makes patience to be the key reason for the holders to gain.
5346  Economy / Speculation / Re: How far below $10k in 2021? on: March 24, 2021, 09:44:06 PM
If you check very well, you will noticed the instructions are making sure and trying all they could for the price of bitcoin not to go down, all I know is that bitcoin can not even reach $10000 again if things are like this, all you may later realise are more institutions and whales pumping money into bitcoin investment, this is not like 2018 bear market, and bitcoin has gone popular than to be like 2018 bear market.
5347  Bitcoin / Electrum / Re: Electrum 4.0.9 Receive Address Problems on: March 24, 2021, 09:41:16 PM
You want to generate new address on electrum? Click on the Receive tab, click on new address after, another address will be generated. It is not truly good to be reusing same address but I am still wondering how you find this difficult on electrum 4.0.9.
5348  Economy / Speculation / Re: How is the bitcoin price decreasing during bear market on: March 24, 2021, 03:50:25 PM
The price of bitcoin and cryptocurrencies in general fall at bear markets simply because a lot of people are selling their bitcoin to other people. That's pretty much just it. It's just that the price goes down because there are far more sellers than buyers.
I think I get you rightly, if there are few people selling and less than the people that are buying, that means the price of the coin will increase, but in case the sellers are increasing while only few people are buying, sellers will not have option than to sell at low price because no much buyer for it, this will lead the bear market.
5349  Economy / Speculation / How is the bitcoin price decreasing during bear market on: March 24, 2021, 10:39:11 AM
I understand little about what controls the price of bitcoin, that is not the question of today. But I am thinking how the price is decreasing when altcoins are decreasing too. Let us assume that bitcoin is not sold for altcoins but to fiat directly.

I think exchanges link buyers and sellers together in a way people that will buy will buy bitcoin from people that will sell, but certainly this will just let the value of bitcoin not to increase or decrease.

The question is, if I sell bitcoin on exchnges, it does not necessarily means someone will buy it, if someone do not buy it but it is sold, that means it will be converted into fiat and the main reason for decrease in bitcoin price during bear market when the price of bitcoin and many others cryptocurrencies are falling?
5350  Economy / Reputation / Re: Why does Foxpup only send negative feedback? on: March 24, 2021, 09:22:22 AM
Did Foxpup inappropriately give negative feedback? Or you know a user she inappropriately gave negative feedback? If not, then you can pm Foxpup to tell you the reason. But if it is me, I will not respond you because it is not a meaningful question after the evidences of given such feedbacks are clear.
5351  Bitcoin / Bitcoin Discussion / Re: Is the Nigeria Central bank confusing its citizens? on: March 23, 2021, 09:44:22 PM
The fact is one can not blame the central bank on it decision because cryptocurrency is a new innovations and at that the central bank need to study and fine a way of regulating it activities within the financial system, but the truth is no government can actually stop the usage of crypto but the CBN did this to protect the naira from further devaluation that is already happening and stop scamming activities that are carried out with the help of cryptocurrency.
I do it think we should not blame the CBN, even when banks transactions to or from crypto organizations are banned now, p2p are now used. The so called fraud will soon be done using p2p which is even more safe. What the CBN should do is to regulate, not ban crypto transactions into banks in Nigeria.
5352  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto's first post sale on: March 23, 2021, 07:33:10 PM
It depends on who have the highest amount to be paid, but I know it will be costly. Assuming there are 1000 people that wish to buy it, all with different amount, if the last person to buy it want to buy it with $1 million, there can still be someone that may stand out and says he wants to pay $1.1, if no other person to pay higher, then it will be sold at $1.1, which means the amount depends on what the buyer with the highest amount paid while others not able to increase theirs above the buyer's prices.
5353  Bitcoin / Hardware wallets / Re: BitBox02 Hardware Wallet on: March 23, 2021, 06:04:00 PM
I checked about the wallet, it is open source, this can make the wallet to be trusted if no malacious code is found in its source code, but I will still prefer to go for other hardware wallets that are common and recommendable, like trezor especially for being open source. BitBox02is just a new wallet, I can not guarantee it until it has being used for sometimes and no vulnerability found or when vulnerabilities are already found and fixed.
5354  Economy / Digital goods / Re: Selling this post as a NFT. on: March 22, 2021, 07:24:17 PM
I'm selling this post as a NFT.

Bids starting at 1 BTC.



(I am willing to trade for a post of similar value.)
The post is also not tokenized.
5355  Economy / Gambling discussion / Re: Characteristics of good gamblers on: March 22, 2021, 07:05:57 PM
Why do have the term "Professional Gamblers" if it's not a profession?
I have the term because some people knows all the strategies they should use to gamble in a way if either win or loss, it is not going to affect them in any way. But some people will not have job and making them to think gambling can be a profession, or some people will be thinking to focus more on gambling making it a profession to themselves, that is very wrong, gambling should not be seen as a profession, but the ones that know the right steps to gamble are professional enough. Because you are expert or good in a particular field and people refered to you as professional does not mean the field should be considered as a profession, just as gambling, but I will change it to avoid confusion.
5356  Economy / Gambling discussion / Characteristics of good gamblers on: March 22, 2021, 04:52:10 PM
Few people have gambled and won greatly while some can stake and yet win, but we all know people that lose are more than people that gain, that is why gambling companies will never lack if they see traffic and people continue to gamble with them. But some people become addicted, some people blamed it to gamble companies, while in nature, 20% out of 100% can become addicted. And on the other side, gambling companies provided opportunities for job which makes them also significant in the society. That is why the need to educate people in a way they will not be addicted to gambling.

What is gambling addiction
Gambling addiction is when you gamble, lose and yet gamble the more and resulting to losses in a way it becomes a problem. If someone is an addict, he can sell properties, he can make himself not convenient by spending funds he ought not to spend, and as he spend it, he lost it to gambling.

The reason for addiction
Some people believe in luck, that one day they will win, they bet all the time, thinking they will win, but they lose all the time more than win. Addicts will look for ways to make better bets thinking it will work out, but yet losing, addicts will later thinking he is professional and uses high amount of money on low odds, win sometimes but one loss will make him lose more than his initial capital. And yet losing but believing they will make it from gambling. The right time someone will not become an addict no more is when he realises gambling do take than give, and just make it a fun.

Characteristics of good gamblers
1. Good gamblers will know gambling is not a profession
2. Knowing gambling is an entertainment
3. Only using the money he can afford to lose
4. Think more of his life and family more and making gambling an irrelevant part of his life not more than fun
5. Not playing often, it can be ones in a week, it should not be daily
6. Good gamblers will lose and not just play again at the time until later
7. Using money he can afford to lose
8. Never lose and think about the money because he use very little amount
9. He will not be thinking about gambling  all the time

Gambling is good for people that are not additcs, but addicts should look for ways to become not addicted again, like telling his family members about it, knowing he should leave gambling for a while, he should not that the more he gamble the more he will lose, but making it fun will make gamble enjoyable.
5357  Economy / Gambling discussion / Re: My Successful Days on Gambling - Stake on: March 22, 2021, 04:16:14 PM
I like this poem, gambling should be fun and as entertainment, not as professional as nobody is professional, the more we play the more likely the loses, so not using what is beyond capability of losing because it can result to depression and sadess after long losses of no recovery, and the more gambling will take as we continue to lose and yet making gambling leading to addiction.
5358  Bitcoin / Bitcoin Technical Support / Re: [Mar 2021] Fees are low, use this opportunity to Consolidate your small inputs! on: March 22, 2021, 03:57:34 PM
what were you using to do this?
I used Electrum with legacy addresses (not even "compressed").
You will really need to be patient, legacy address will make the transaction longer to be confirmed, it will also be more longer as it is not a compressed address. I know this is left to you as you are better in this far more than me, but using uncompressed legacy address this time really sounds like a joke for professional like you.
5359  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a scam: The long debated argument discussion by Bloomberg - Quicktake on: March 22, 2021, 03:38:14 PM
Isn't it odd they compared bitcoin taking as much electricity as the whole country of Argentina to mine it?
Under what time frame?
What I know is that miners pay for the electricity they are using and this will contribute to electricity sectors to produce more electricity, some people do complain about this because they think most electricity produces carbon dioxide leading to green house gases, but it is evident that more than 75% miners make use of renewable energy while the use of wind and solar as being increasing. People do not like to face the fact, there are many companies producing this global warming gases, which they do not talk more about unlike bitcoin, the cars people are using, the power plants industries and the rate of bush burning and deforestation all contributing to global warming. I do not think that should be the talk, but miners are moving towards renewable energy production which makes bitcoin mining not hazardous as people think.

Also in the video is about bitcoin as a form of ponzi, that is one of the useless information about bitcoin by critics, can ponzi survive for years if it is ponzi, when all population has being reached, no new investors will come in into ponzi scheme, and the old investors will gain while the new ones will not have new ones to pay for them to earn, thereby the new investors will lose, this will result to the collapse of the ponzi scheme, bitcoin has been existing for ten years now, and will still exists for decade or even centuries, that makes bitcoin different from ponzi, ponzi can never survive for long while bitcoin has survived for long because it is not a ponzi.
5360  Economy / Exchanges / Re: Binance are the godfather of crypto on: March 22, 2021, 01:22:21 PM
If binance out the whole crypto is done!
For making this statement, you have a lot to learn. Know that cryptocurrencies are beyond ban. Also know that if binance is gone, crypto will still be alive. Crypto are not exiting because of binance, but binance is existing because of crypto. It means binance is nothing but depends on crypto for surviver while crypto do not depend on binance.
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