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June 29, 2024, 03:47:40 AM *
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541  Other / Politics & Society / Re: Time to Invest and Hodl - Bitcoin, Silver, Gold, etc. on: April 20, 2024, 04:12:33 PM
The reason is that the fiat system is about to crash. When it does, average people will need something else to use to trade among themselves, fairly.
If they removed or stopped fiat currencies in the world which of the digital currency do you think will replace fiat currencies in the world. And if you are thinking of bitcoin to replace fiat currencies then you are doing a very big mistake because that can't happen. How many of us in this forum have used bitcoin to buy food items or other clothing items in the world and those are the basic things we normally buy with Fiat currency. And the transaction fee of bitcoin is too high for business transaction.

And that is one of the core reasons of bitcoin creation but it has been abandoned to the ocean.
542  Alternate cryptocurrencies / Altcoin Discussion / Re: Bull in Altcoins Sector on: April 20, 2024, 04:03:23 PM
The bitcoin ETF and the congestion and high transaction fee of bitcoin made the altcoins to be more attractive and more expensive. The top two altcoins are now making serious wave in the ecosystem and they will also create avenue for others to come in. Altcoins normally follow the movement of bitcoin to rise but as altcoins hit all time high before last month, which was the month of February, and when bitcoin continues it All Time High from last month altcoins became declined and has not gotten their strength till now.

Altcoins Bull Run will still occur again in this year because the way the market is for altcoins, it is not encouraging me.
543  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: Best exchanges for altcoins? on: April 20, 2024, 12:13:36 PM
Whatever exchange is supported in your country is the best so that you won't have any problem taking your money off them.
Exactly. Because not all the exchange are good in all the countries so op should just make research.or ask your friends in the local chat groups because if I tell you the ones that are working in my country it might not good for you. But that is not withstanding, I will still recommend some for him to check out if they can work in the op country.

Op can check out these. OKX, kucoin, Bybit, Remitano and yellow. Those are some of them op can try out.
544  Alternate cryptocurrencies / Altcoin Discussion / Re: Will altcoins ever cheap again? on: April 20, 2024, 09:03:05 AM
 Altcoins are cheap already. I didn't see any altcoins that is high for now and the only thing that high in some the altcoins is the transaction fee and because that people can't buy altcoins for and not the coins price itself. Anyone saying that altcoins is not cheap now then that person has not invested in any altcoins before and probably this the first time he wanted to invest in the altcoins ecosystem. And they is another method people are using to get into the system.

You can purchase an altcoin that is very cheap and later convert it to the coin you want and sent to the wallet. And also altcoins will still come down again so if you can wait then it is for your choice.
545  Economy / Economics / Re: Is Bitcoin’s bull run coming to an end? on: April 19, 2024, 10:35:36 PM
I understand your. Many people are expecting the way your expecting but looking at things the market is not planning to go down for more newbies to invest in the system. That price was Yesterday and not the price is $64,328 and it still going up and this will deny many people to invest this period. Personally I was thinking that in this halving bitcoin will go down for us to accumulate more in the wallet. But irony is the case.

Though the time has not pass and it is now that the halving is about t start so probably it will go down in the middle and the fastest fingers will purchase more.
546  Economy / Economics / Re: Do you feel that the global economy is declining? on: April 19, 2024, 10:26:26 PM
 No one salary is reducing but it is stagnant in one place while price of things in the rising side and from your topic global economy is not declining but individual country economies are declining and even the decline happened and affect the African countries more than the others. If the world economy is declining then Economic depression will occur and I don't think such is happening for now.

But my country economy is declining and dollar.is rising. And even at that things are rising while minimum wage or salaries are stagnant in one place so Civil Servants who are working on the government parastatal.arw still complaining and suffering like the jobless.
547  Bitcoin / Bitcoin Discussion / Re: Less than 24 hours to Bitcoin halving and my Birthday! on: April 19, 2024, 10:08:55 PM
There is somewhere I have made mentioned of tomorrow morning or evening but from what I seeing now from the mempool, which it is only 13 blocks that is left so bitcoin will hit their halving era in this season in this night. Though it will still hit it in the morning if we use forum time. But if it is my local time, it is in this night. I welcome everyone to the halving. But one I am still confused is that the price.is still high because I was thinking that in the halving the price will reduce but it's like I am sensing irony in the case.

Is it that the price will go down in the halving time?
548  Bitcoin / Bitcoin Discussion / Re: Have you stopped using bitcoin for small transactions completely ? on: April 19, 2024, 10:00:11 PM
Small transactions on bitcoin does not make any sense now at all. Like to make a $20 amount transaction, one has to pay about same amount, $20 in fees. This does not make any sense. Have you stopped using bitcoin for small transactions completely because of this reason ?
That made me to cancel a transaction and leave it until the fee will go down. I was told or informed that the price of bitcoin will go or increase in the halving time. But that amount you used is like and exaggeration. I don't think the transaction fee has gone up to that amount of $20 to transfer $20 again. And if though it doesn't make sense there.is nothing we can do. We have been deliberating on this for past one year but no solution till now so we just have to let it be.

But really it is not good to make transaction for that amount for now because fee is high..
549  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
550  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.
551  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.
552  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.
553  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.
554  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
555  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.
556  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.
557  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.
558  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.
559  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.
560  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.
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