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581  Local / Politics and society (Naija) / Re: Na Dollar Cause Am? on: April 13, 2024, 10:03:54 PM
The cost of materials for construction have tripled or minimum double,  take for example the price of building cement used to be between #4500 to #5000 back then but now the same cement is sold for #10,000 or even 15k in some places,  all this and many others contributed to why the cost of housing increased.

But where it becomes unfair is at the rate at which landlord's are adding to the cost of rent for old buildings,  this is where the exploitation comes in because why taking money for what you did not build new and don't make any renovation that could call for new materials to the building before increasing the price of rent on such houses.
Dollar dome come down well well and the things wey dem dey import from outside country  don come down but our local products e no dey gree come down and instead dem dey go up like tomorrow no dey again. Someone I buy on Thursday with #1500 now na #2500 and no be say na imported things oh but na local products. Now weti dey really happened na di government e no gree work or na our weakness dey cause all these nonsense? I no just understand Local Products with dollar. Dollar things wey make di local products go up e don come down again but do local products na now dem dey go up the more. Who go tell weti dey sup.

House wey landlord build since 1999, him sef don increase di price to a very higher price. Matter just tire me.
582  Alternate cryptocurrencies / Altcoin Discussion / Re: Are the good days for meme coins gone forever ? on: April 13, 2024, 09:44:46 PM
Some of the altcoins moved quite high in prices in this current bull run. But meme coins had been disappointing for long time. Even influencers do not promote meme coins at all.
Are the good days for meme coins gone forever ?
Yes and because of the good movement of some of the memecoins I invested in some of them but as soon as I invested all just stand still and nothing is moving again. And now my country is appreciating which is a good thing but in the other hand it affects my cryptocurrency investment because as dollar is depreciating and if I convert my coins to my currency the price would be very small compared to when the dollar was high. So investing in altcoins or memecoins are not encouraging in my country for now though it is an individual race.

If it doesn't favour me, it might favour another person so I can't take my own to spoil another person own. Everyone should carry their cross.
583  Economy / Gambling discussion / Re: Why in some religion gambling is forbidden? on: April 13, 2024, 09:37:28 PM
The main religion that I know that ban gambling is just Islam. Others like Christianity, Hindu and Buddha religions do not ban gambling.
I have not lived with Muslim in one place so I don't know if they forbid gambling but for Christians, the Bible didn't specifically stated that gambling is a sin. But when Jesus went to the synagogue and saw the people using the place to a play ground of buying and selling of things and  he rebuke them to stop and drove them out Matthew 21:12. And also in the Bible they even gambled with the garment. Matthew 27:35. In literally gambling is not a sin in the bible but since it is not a good habit, Christians do not accept in it in their religion. Christians do not like it because it doesn't included in the biblical principles of a good family.

And according to the bible whatever bind on earth, heaven accept it, and gambling is not accepted norm by the believers of the Bible.
584  Economy / Speculation / Re: Buy the DIP, and HODL! on: April 13, 2024, 09:06:04 PM
Bitcoin just came to $62k today and this is one of the time to buy again before the All Time High. And I don't think bitcoin will hit $50k before the halving or within the halving.  Many people could not buy recently because of the high price of bitcoin and they were waiting for the price to go down and now the price has gone down and this one of the opportunity to buy and wait for the next dip again. If you are not a whale investor then buying with the DCA to accumulate them. And it is only those who has enough cash can buy them plenty at once.

Always observe the market and make your purchasion.
585  Economy / Economics / Re: how to survive inflation and economy hardship on: April 13, 2024, 06:03:18 PM
The solution is not to increase salary or wages but the reduction of prices of goods and services in the world is the only Solution to this high cost of living and the inflation. Form the way I understand it, this is weakness from the manufacturers companies. Because whatever increase in the world it caused by them. It is from them that the price is of things go up to the the wholesalers and from wholesalers to the retailers and there to the consumers. So if the government give palliatives or increase minimum wage in their various countries, it is just like a waste of time.

Cutting down your spending has nothing to do with the high cost of living. In this present economy in the world, only one thing you purchase would bought 3 to 4 things in the years past.
586  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Crypto to buy for 2024 ? on: April 12, 2024, 10:22:50 PM
In my opinion BTC, ethereum and Binance are the right choices to buy in 2024, in fact I think these 3 coins are the best coins of all time, but if we hope that BTC, ETH and BNB can rise 10x, 100x even 1000x This is something that It's very unlikely to happen in a short time, because it all requires its own process, let's focus and enjoy every increase, because that way we will never be careless in making a decision to sell or stay with the investment we have made.
Those ones are for you and probably they good for you as of then. But now there are new coins that doing well in the altcoins section of the cryptocurrency market. The ones you mentioned are not too bad but they have disadvantage in these days which is the high transaction fee that making people not to invest in them for now and BNB for Binance Blockchain, sice Binance has issue with some countries like Philippines, Nigeria and USA etc and if your from those countries it is not advisable to buy it. Though the Op talked about the best "crypto", but even at that, it altcoins board that the thread is created so we have to discuss only on altcoins and not including BTC.

And if you must add, Eloncoin is also there to invest which has a good future in the altcoins section.
587  Alternate cryptocurrencies / Altcoin Discussion / Re: When is alt season likely to be? on: April 12, 2024, 10:13:18 PM
The prediction of altcoins is not like Bitcoin and I have not heard of altcoins prediction of all time high. I also have small altcoins that I am hodling but there is no time to even think of the ATH and whenever it comes, I will sell them. But for now the altcoins market is not good for new investors like us. So we still have to wait for the All Time High to come. And that has not been predicted. So we are all in darkness.

We are all in blindfolded investment.
588  Alternate cryptocurrencies / Altcoin Discussion / Re: Here is why people make money from Airdrops on: April 12, 2024, 09:44:26 PM
There are some from scammers so investing in airdrop is very much risky. And airdrop can be gotten from different ways. You can buy from the site at the early stage of the project or you can even have it in free by just making some referrals tasks. But the ones that you have with performing referral tasks are not normally legit because I have seen a friend of mine has done that to acquire some airdrops but there is no we're to sell them and they are just there for nothing.

In 2022 I met someone who was good in airdrop business as he said but I have not seen him having any changes till now. And exactly as Bushdark said, everyone has their own way.
589  Local / Nigeria (Naija) / Re: Never assume things, always Validate on: April 12, 2024, 09:12:17 PM
Una too dey correct, assumption in general no bad but na the way you take do the assumption na when e bad. There are times you can assume but you shouldn't rely on just assumptions when there are other ways to confirm what you're assuming. You no go assume say you go pass exam but you can read so you can pass that exam. You can't just assume say you go get merit for the forum but you can write quality continuation and get merited. Assumption and thinking dey different sha because those scientists are problem solvers and what they do is to solve problems with solution that the think are right and when e no work dey try another thing they think will be the solution until they get the solution.

Exactly you have said it all. Na di way di assumption is used nai go make am back. If not in the olden days people been dey live with assumption to tell time by mere looking at the sky, of hearing a cockcrow or white garment church bands were used to assume the particular time of the day. And also in the Bitcoin prediction in the forum, users are using assumption to predict the price. Now everyone is assuming that the halving will occur in this months because of the previous occurrence and that might shift to another month just like what happened to the price of Bitcoin which everyone one was assuming to occur after the halving but before the halving Bitcoin has surpassed the previous price already and everyone was surprised.

In the p2p warning has already been given by the platform for you not to release the coins until you see your money in the online banking wallet or you account. So I don't think there eis anything to assume there again. I have encountered some of the vendors say they have paid but I have not seen alert so I would not released the coins until I see the money.
590  Local / Politics and society (Naija) / Re: Is Dollar The Cause? on: April 12, 2024, 06:46:25 PM
Yes dollar naim be di cause of everything inflation in di country. But many we no concern dollar sef dey follow increase naim be di wahala. Things like garri e no supposed increase in price. Things that are not imported e no supposed increase but all use dollar to increase their prices. As for me I no dey blame di sellers ohh but the government because dem no get good structure and agencies wey dey work to regulate the prices of goods and services. So everyone dey sell things according to their will. When we go get good government to do di rights for the Citizens?

Di government can reduce di dollar within one week as him use one week climbed go up go reach #1900. But na good structure and the political will go do am sharpally.
591  Economy / Speculation / Re: Will BTC dip again? on: April 12, 2024, 06:22:55 PM
Bitcoin will still go down to $18k after the All Time High in 2025. So if you want to invest in bitcoin just Prepare you mind and soul for that. But if you planning to buy at $50k in this coming halving I don't think you can get it at that price for now but after the ATH. And if it is for this halving period then you plan target should be $55k to $60k and above and that is the prediction price for it. Though others can also predict theirs. And if it is for the dip, it won't happen in anytime soon. And it is not only you that is waiting for bitcoin to go down but many. and the way I looked at it, this time when bitcoin will enter the dip the purchasing power will be very high. And that might make the network to be congested and the fee might be high again.

We pray that the transaction fee should not increase at that time when the market starts it bear season.
592  Economy / Economics / Re: Cash is not trash on: April 12, 2024, 06:09:44 PM
Nowadays, people are using online banking services instead of carrying paper money, as a result of which people can transfer their money easily and securely from one place to another. Earlier there was a time where there was a need to carry money and then accept a service but now there is no such hassle now you can complete any transaction through your bank account or online banking. Due to such modern features the people of my country have reduced the use of paper money a lot. In our country now major transactions are done through online banking and all the retail transactions are done through paper money. In terms of the way people are using online banking or digital money in our country, I think that the use of paper money in our country will decrease a lot within the next 10 years.

Right, I think we are really benefiting from online banking which has helped us in terms of making transactions easier and safer, not having to carry a bunch of banknotes like when you want to go shopping because now most people take advantage of this convenience where they go to the market with just a few banknotes in their wallet along with some identification cards while most of the money is kept in the account, And also lately there are quite a lot of sellers who accept online payment systems where you just transfer to their account address, and maybe the only problem is that you can only use digital money when you are in a place that is covered by the internet network, because if you are in a remote or rural area then it is usually likely that it is an area that is not fully covered by the internet and maybe you will not be able to take advantage of the convenience of digital money transactions, so we also have to look at the situation and conditions as well. Overall, yes it is likely that in the next few years the use of paper money will probably decrease.

Yes online banks are helping us to make transaction easily it even at that we still need cash because of local markets. There are some people that sell in those markets that don't take or accept transfer and the funniest part is that those women do not have bank accounts so they is no way they can accept transfer. And another instance is that those who hawked goods on the public places. So because of those people even we are in the new generation of technology we still need to move along with the along people so that the society will balance. If not the traditional Banks are not compare to the new online Banking system because the transactions of the traditional Banks are very chaotic in nature.

And also not availability of the Banknotes in the country is affecting many businesses because the country has not ready prepared for this cashless society. Cashless society is good if only the public is well informed and given some orientations and some teachings of how to use the system and not coming up suddenly to do it.
593  Economy / Economics / Re: Will inflation become big challenge for retired people after 10-20 years? on: April 12, 2024, 05:28:50 PM
You are only talking about retired people what about those who are not working? Those retired people were working so they are not having the feeling of poor or poverty in their service time but those who not not working were facing the challenges of the inflation from the outset. So they have taking inflation as part of their lives and whenever it comes they face it and over come the difficulty and move on.

Now that cryptocurrency has come let the workers in their active service time should invest in bitcoin so that before they will retired, they have saved enough to face the inflation in the society. Preparation is better than being idle.
594  Local / Off-topic (Naija) / Re: Delegate your Income and you'll earn more money on: April 12, 2024, 05:20:57 PM
You are right, because it is far better to use money to work for more money, and even in this cryptocurrency industries you can see how important it is for holding more coins, because for example when you decide to accumulate bitcoin against any particular price,  you make more profits if you are able to stash more bitcoin because your profits margin will come in proportion with your total holdings.

Same it is with every other aspects of life and business,  you make more profits via the amount you invested as capital.
A man without risk can't make money in his life. Rich people dey like to challenge themselves and others e no fit face any risk way dey come their way and because of dat em still dey poor. Real businessmen use risk management to handle many things. When bitcoin come out, poor people say na Ponzi Scheme but rich invest small amount to see how it works and when they discovered that na legit thing dem come invest am with plenty money. And even now dat bitcoin is rampant in every corner in the world, poor people still dey tok say na Ponzi Scheme. That one na fow dem, anyone wey dey ready to invest go come and invest. And di best time to invest na di dip (bear) market.

Na only money person dey use to find another bigger money again. And na be di hustle be dat. From your original work when received you pay, you go delegate some portion to another areas to get more.
595  Alternate cryptocurrencies / Altcoin Discussion / Re: Time for BSC memecoins to take over Solana? on: April 11, 2024, 11:19:22 PM
+

I like the innovation and it will be sustainable in in the future for all to adopt it. And one thing I am seen I. The altcoins side of the cryptocurrency is that there is a very strong competition among them. Yes as you said solana.is one of the renown altcoins in the cryptocurrencies world and if you are saying that "BSC memecoins to take over Solana" will o over take Solana coin, I don't think that will be possible even though solana does not have that automated feature now. The cryptocurrency we see today will even change many things in the future. Mostly when the competition becomes intense.
596  Local / Off-topic (Naija) / Re: Practice makes perfect on: April 11, 2024, 11:07:15 PM
Na so, you are welcome to the real forum. Most of us na so we take start. Really most Nigerians dey suffer for dis forum because English language though as you said "practice make perfect". And nai make, make we dey read more mostly di newbies dem let dem read more so dat dem go understand weti dey sup. Op as you no give up nai good and now u don dey understand di forum and navigate to any thread or board and make your comments and commont. Many people co.e.to di forum thinking say things dey easy for dem and unknown dem say na write matter and when dem no fit den go leave account run.

While some na di attack dey make dem run away.
597  Local / Nigeria (Naija) / Re: Never assume things, always Validate on: April 11, 2024, 10:58:26 PM
Assumption is a lazy man's approach to making decisions, it's always better you stay in the current when stating facts or making decisions.
I disagree with you. One have to assume to create the reality. Most of the philosophers and scientists used assumptions to create the unthinkable so when you say "assumption is a lazy man method to decision" then you turn to the then president of Nigeria who says, Nigerian Youths were lazy" when he has not tested them to do job for him. In my university days, there was a course I borrowed from another department and it is that, life without assumption is always misinformed himself. Like if you are going to pH from BY, at first you have to assume that if you left her by 10 am and you miss the car or rain fall that you miss the car what will you do? You go think of all these things first before making any decisions.

The p2p is not an assumption as I see it. But in reality. You have to confirm the credit alert before releasing the coins.
598  Local / Nigeria (Naija) / Re: E no resemble local board. on: April 11, 2024, 10:39:10 PM
Really when dey dey enter other local boards we dey see say one English sef we no go see but here in our local board na only English we dey sef and when someone say why we dey use English hen plenty people go come attack di person say why him go talk dat kind things. Normally using English here e no make sense but not everyone can use the pidgin English to write fluently. But even as dat no Nigerian no go fit use small pidgin write it do person finish secondary school and dey write for here abi na England she go school?

Sometimes when other local boards go mentioned my name I go enter their I no understand anything so I would just carry my head come back again but here. Anyone wey come here go understand everything finished. Nai be another problem dem dey attack us well well for outside Board.
599  Other / Beginners & Help / Re: How I almost become a millionaire on: April 11, 2024, 09:23:56 PM
Most people lost out for the fear of the uncertainty and doubting of Bitcoin. Your friend tried to persuade and influence you but you were blindfolded that you could not even see his progress in the investment. And many people think the way you thought as well. And they thought that way because of if what has happened to them in the internet. Because the time when Bitcoin came out, and popular in the years 2011-2013 was the period Ponzi scheme was popular in the internet space.

And many people lost their money for those Ponzi schemes. But you would have invested in it after a year by seen his wealth with Bitcoin.
600  Other / Politics & Society / Re: Can we ever live in peaceful Coexistence on: April 11, 2024, 09:15:30 PM
If there is no peace in this forum then there is no peace in real life. This forum would have been the best place to create peace but we see as avenue to attack one another. Peace is not really the absence of war peace in my own understanding it is the understanding of people living in one geographical territory. When the people understand among themselves then peace will become coexist between them but whereby there is no understanding then conflict here and there.

The world can not have peace because some group wants to dominate either in power or in the international market. And the only time we will have peace is the time when we will have equal distribution of the international market. What you produce will be consumed in your country and that is not possible so conflict is continues event in the world. Those countries need peace but power tussle among the world powers making them no peace.
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