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May 25, 2024, 08:20:50 PM *
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61  Other / Politics & Society / Re: Wars not really about resouces nowdays anymore its revenge on: May 18, 2024, 07:24:00 PM
No I disagree with OP as wars are totally for control and once they control the territory they have control over resource as no one has time to fight war just for revenge as it's for sheer control and benefits. No one gets benefitted by ear for revenge hence wars are not fought for revenge. Just show me any modern day war which was fought for revenge and you won't find one.
62  Economy / Speculation / Re: Bitcoin price predictions gone silence since the DIP. on: May 18, 2024, 07:19:38 PM
Bitcoin market is generally unpredictable. Nowadays that the global economy is in ruins with high inflation and recession at the same time, things become even less predictable in bitcoin market. Then we have the sudden big drop where price went below a strong support at $60k, so it is understandable to see people get confused about the market situation and stop posting "predictions" or rather speculation...

I'm still looking at interest rates and inflation to soo if they either lower the rates of if they keep it up BUT inflation blows up and goes to the moon as high rates fail to contain it! Either way bitcoin should go up if any of these two happen.

Aligned on your statement but the problem I see here is the number of so called influencers who calls the randon prediction about Bitcoin when it's trending upwards and to be honest it's misleading most of the time and I can testify as I had been following few of them in the past and they have huge followers but when we check their predictions it all fails and I believe either they should be accurate which is impossible and if not they shouldn't randomly be suggesting market conditions just for more views and profit
63  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Market seems in correction mood on: May 18, 2024, 06:52:25 PM
Correction is natural thing in market. We can't except to pump crypto Market continuesly for infinity time. It'll have started correction when time come and similarly Market will pump when the time come for pumping. Right now i can't prediction any possible reason. But we need to ready to face whatever the situation will come and need to take action depends on time, so keep it in mind and manage your money with your own responsibility  

Managing money has been the pain area for most of the users including those who have earned a fortune during bull run as I have seen my friend and even I have made those mistake wherein we were unable to plan out investment and strategy properly and end up losing it all until recently I figured out DCA as the best option. We need to come out of zone that we can predict the market like if it's in correction phase, pump or dump and rather have planned strategy for all the market situation.
64  Other / Politics & Society / Re: The happening in society is peace priceless? on: May 18, 2024, 05:49:57 PM
It's the pre greed for power and control which causes greed as those who are not in power are ready to do anything in the power to get to the power and those who are into power are ready to do same to stay in power and for this peace is disturbed as everyone wants to control lives of other rather than living their life as we have seen in many countries where millitary coup has destroyed the nation and killed a part of its population to stay in control. I would say greed is the evil things which causes all the hassle.
65  Alternate cryptocurrencies / Altcoin Discussion / Re: ICOGemHunters - top notch ICO listing calendar for bounty and presale hunters on: May 18, 2024, 05:24:27 PM
I doubt if people are still into ICOs? I have stopped it long time ago as ICOs were nothing but a bubble waiting to be busted anytime as they were filled with scams and even the ICO ranking sites were biased by taking bribe hence I stopped believing into the ranking sites as well. But if this site helps then they are welcome but if they manipulate then no of it.
66  Alternate cryptocurrencies / Altcoin Discussion / Re: Who's responsible for the dead coins? on: May 18, 2024, 04:53:19 PM
There is no way on earth we can blame investors for the dead of Altcoin, it's a total failure of dev team and entire management because investors are the believers of the project which do what an investor can do by investing the money but it's the job of marketing team to outreach investors and dev team to develop the project and ensure it's adopted by users.
67  Economy / Trading Discussion / Re: "Slow success builds character, fast success builds Ego." Ratan Tata on: May 18, 2024, 03:54:01 PM
This stands true for everyone who is into trading as well as investment because we look for immediate profit and that's the reason for taking wrong decision and we often tend to lose out money because of our urgency as sometimes we are too quick to sell with little profit or panic sell by booking loss and later we realise that we could have booked more profit had we waited bit longer. We need to practice what this man as said as he is industrialist and a legend.
68  Bitcoin / Bitcoin Discussion / Re: How do we know retail is FOMO-ing into Bitcoin? on: May 18, 2024, 03:29:00 PM
Retail investor are the most confused souls as they are the first one to do FOMOing or even panic selling. It's not new we have been witnessing this for years now and I think this is something which benefits whales more than anyone as they try to shape market behaviour to their benefit. But I don't think any tenured user will not be FOMOing as they accumulate it during the bear as well and do DCA throughout the year as they don't overbuy or panic sell
69  Alternate cryptocurrencies / Altcoin Discussion / Re: is it still to Invest into meme coins? on: May 18, 2024, 03:04:50 PM
I have been against memecoins because I know they have nothing to offer but they are just riding the SOL chain trend and using the existing successful projects like pepe and even people end up investing into it like sheep hence I have stopped experimenting with memecoins and suggest the same for everyone. Rather, invest into coins which offers technologies and solutions for existing problems.
70  Other / Beginners & Help / Re: What motivated you to join the forum? on: May 18, 2024, 02:13:40 PM
Then it was the fact that my friend who don't know much about Bitcoin and cryptos suddenly started getting more information about things happening around Bitcoin and the crypto space more than I do as a Bitcoin enthusiasts, So it was one of the major things that triggered me to join this community and which I joined and have equally saw the very benefits that transformed my friend to become knowledgeable about Bitcoin.
My friend was the major reason I enter the forum. We're colleagues and this my particular friend in question have always done incredible accomplishments which I wasn't acknowledging, catering for major needs and having extra changed in his pocket even before the month runs out, I became curious because we're closed and I on the other hand wasn't receiving the estimated figures like him. Then one faithful day, I called him and we had drinks and chitchat as usual, asked him about the source of extra change, firstly he refrained and tried to change the topic but I hesitated and stay on the topic which was directly send to him loud and clear, he showed me the basis of the Bitcointalk forum.
YES it is true, that my friend also introduced me to this bitcointalk because it is a complex forum, if you look at the entire board it will be very confusing but my friend guided me even though I had different interests, at that time the bounty world was very good and he reaped a lot of results from the many projects he participated in. Until the development of crypto, I realised the importance of this forum for education because I felt left behind if I didn't know the developments. Bitcointalk is a very effective means that both past and current information (new news) can be accounted for. In addition, there are many features that bitcoin has, such as having full privasy, self-controlled and easy to carry or use. it is only natural that this forum is always crowded among them sharing information that is happening including many newcomers.

However my first time of being in this forum was very tough I couldn't find my way around the forum reason is because I was just given a little hint about how the forum works, I wasn't familiar with the dos and donts of the forum. since I'm not well guided about how the forum works, so i think the first thing I need to do is to read the rules and regulations of the forum, so that I won't go contrary to those rules and regulations. then after reading the rules and regulations about the forum , then I come to realized that there are some certain things you will do that will lead your account to danger, probably they can even have your account been disabled if you go contrary to those rules and regulations.  then I started from avoiding those things so as to avoid my account not been disabled, from there I started getting familiar with the forum I most say this forum really thought me a lot about crypto investment. my major reason of being here is to know more about cryptocurrency and also how it works, though I have really learnt a lot from this forum but I'm still hoping to learn more as time goes on.

To be honest most of us are here due to a friend who has referred us to this forum when we were not even aware of something like Bitcoin would be possible and I have a similar experience wherein I was referred by a friend. But this has been turned into one of the most successful step I have taken in my life be it for earnings through signature campaign or be it about understanding trading tactics.

71  Local / Nigeria (Naija) / Re: What if an exchange refuse? on: May 18, 2024, 10:19:32 AM
That's the difference between an centralized and decentralised exchanges as these centralized exchanges cannot operate without following government policies hence unfortunately we cannot do much as we are used to centralized exchanges. Coming to the point of restrictions this will continue and countries like India has even banned the operation of some centralized exchanges like Binance wherein exchanges like Kucoin has bowed down to government's pressure and operating by following the stringent policies.
72  Alternate cryptocurrencies / Altcoin Discussion / Re: Polygon (MATIC) price prediction: Is MATIC the best investment option for 2024 ? on: May 17, 2024, 07:59:09 PM
I have followed Matic for a long time and it had been a very promising project but I am not k en on this coin since there hasn't been much news about its development, I would rather go with other coins like SOL (have already invested into this) and other top Altcoins which has been in news nowadays. I am not against Matic since it's a good project but not the best at the moment to invest into it.
73  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What to Invest in on: May 17, 2024, 07:55:13 PM
If you want to invest in cryptocurrency for the long term, I think BTC and ETH are the best options.
For short-term investment, you can choose from the top coins i.e. XRP, DOGE, SHIB, SOL, LINK, TON etc. These coins have potential and are good for short and long-term investment (I prefer the short-term).
If you are looking to make money quickly, then meme coins are a good option at this time, but the associated risk is also very high. You might end up losing all of your investment.

Rightly said about the memecoins and established coins except XRP as I am against it, it doesn't belong to crypto space as it's centralized and there are huge number of people who have invested into XRP assuming it would break $5 mark and it's been years since they are fooling themselves assuming they would get huge profits. I would say best would be Bitcoin as it reduces the risk.
74  Alternate cryptocurrencies / Altcoin Discussion / Re: Memecoin specifically for holders.. on: May 17, 2024, 07:40:43 PM
Just saw a similar post about this coin and as mentioned previously if we are risk takers who wants to gamble can go for it as I personally don't belong to category of investing wherein you are unsure what will happen the next moment. The only way to shortlist memecoins would be to check on the prices for atleast a month since launch we will get to know if it's moving upwards or downwards but we would be missing out on rally but this risk doesn't worth it.
75  Economy / Economics / Re: The increase of dollar affecting underdeveloped countries economy on: May 17, 2024, 07:26:00 PM
In my opinion, whether or not a country's economy will be affected by an increase in the dollar depends on how significant the increase is. If the increase is significant, countries that have debts denominated in dollars will be overwhelmed in paying them, and will most likely ask for payment delays.

Importers will complain about rising purchasing prices, because they buy in dollars while they sell in local currency, so importers will suffer losses, if the price of goods is increased then sales will decrease. On the other hand, for exporters, they will profit from the difference in exchange rates even though they sell goods abroad at the same price.

However, in general, an increase in the dollar will greatly affect the economy of a country, especially developing or underdeveloped countries. Even due to the increase in the dollar, such countries could experience bankruptcy.

We are seeing thile scenarios you have mentioned in all those countries where their local currency value has reduced which causes major issue for importers as they will be paying in dollars wherein they would shell out more and pay at regular price which has ill reduce their profit margin or if they increase the price then people will be hesitant to buy.
76  Alternate cryptocurrencies / Altcoin Discussion / Re: 'HODL' The first meme coin on BNB Chain? on: May 17, 2024, 07:19:21 PM
I am not with any memecoins because at the end of the day you lose everything if you don't ride with the tide and this is a common thing applicable for all th memecoins, as far as this project is concerned if I check about the founders it's the same one who created ArbDoge whose website was hacked back in September 2023. I appreciate you posting about it but not enough to invest at the moment until we check th price of it after a week or two.
77  Bitcoin / Bitcoin Discussion / Re: When investing in Bitcoin: what to consider? on: May 17, 2024, 07:09:17 PM
lThe most important non technical thing which we need to consider is the fact that you don't get rich overnight by investing into Bitcoin because most of the new users don't have any idea about Bitcoin and it's uses but rather consider it as an investment but unfortunately some are made to belive it's a get rich quick scheme. People need to hold it for long term and also set goals in the sense targetted profit and once it's achieved they can set stop loss.
78  Economy / Services / Re: I am looking for partners(to make good money) on: May 15, 2024, 06:40:21 PM
Not a right approach or section to look for partner in betting I mean why would anyone trust you as they would either think you have joined this forum just to scam people since there are lot of similar schemes shared by newbies in this forum as it has become a trend nowadays or people will think you are an alternative account of a tenured user who don't want to reveal identity that itself is a red flag.
79  Economy / Speculation / Re: Dropping Bitcoin price could significant rewards for investors in future. on: May 15, 2024, 05:29:20 PM
Those who are doing DCA are the real winners because no matter what they keep accumulating Bitcoin and during bull run or major pump they would be in profit and even during the bear run they won't be in loss as they purchase BTC on literally every price.

Most people do say dip is a great opportunity but once the market dips we see people panicking and selling off and they don't buy during dip except for tenured veterans.
80  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Everything is fake, but money won’t deceive you. on: May 15, 2024, 04:09:46 PM
Ths may or may not be helpful but I am responding to this post without any research about what you have shared because there are some basic things which any investors or even the founders will consider and out of them the most important thing is how can a project outshine other projects as there are hundreds of identical projects around and everyone claims the same stuff like huge profit and all, I think there needs to be a clear upselling point if you want to attract investors and more importantly there should be value in it for all. Try sharing reasons why should we invest in this project compared to other similar ones?
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