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61  Other / Beginners & Help / Bitcoin Rural vs Urban Awareness? on: June 22, 2023, 08:17:37 PM
As regards the wide spread of Bitcoin in our today society which should be of utmost priority? more awareness in urban cities or Exposure in rural communities? This might not be applicable to all nations but there are many rural communities cut across many nations around the world who don't still don't understand what Bitcoin is all about, what it values are and what it represent in our modern financial society.

Specifically in Cameroon, Nigeria and Ghana where I have stayed in at different time, I discovered many rural areas in this countries still find it difficult differentiating Bitcoin from Ponzi schemes. In this case will sensitising people in this areas be a vain adventure following their  mindset.

And how fast will adaptation and acceptance take place. And are there any technique one can apply to impact this persons on the advantage of embracing Bitcoin without sounding like a scammer or a deceitful person. I don't know if any one has had similar encounter In time past.
62  Other / Beginners & Help / Re: The truth about investment (bitcoins) on: June 22, 2023, 07:48:03 PM
To me, I have come to understand that every holder cannot become rich at thesame time because their is no free money anywhere, when one user gets enough base on its smartness and well calculated strategy, another holder become a victim. This is something that happens
In every other business. So the fact is that , success in investment is directly linked to smartness.  

Every holder can get rich at the same time. It only depends on how patient the holder can be for price to pump. Victims in Bitcoin investment are majorly Ponzi investors who just want to make quick money, but as long has patience is considered over profit the bull run will surely come and it will reward as many that hodls.

Consider those who held Bitcoin from 2010 till date and those who bought in 2022 when price fell down to around $16k as many who held regardless of the indecision in the market are currently on profit. There will always be a uniform profit for all holders as far the can be patient enough to hold.



63  Bitcoin / Bitcoin Discussion / Create wealth first before the use of bitcoin on: December 08, 2022, 10:00:03 AM
I have always come across people giving stories to promote bitcoin or give awareness of bitcoin in rural areas. It is a very nice job to tell people about bitcoin because it is the major currency in the world.  In this rural area how can bitcoin be used when majority of people in the the town are battling with poverty,  and how can bitcoin be used when majority don't have access to Internet.  I think people in rural area needs to be financially stable first before knowing bitcoin.
64  Bitcoin / Bitcoin Discussion / 10,000 moves off cryto wallet linked to Mt. Gox hack on: November 27, 2022, 12:35:27 AM
A crypto wallet belonging to the shutdown crypto exchange BTC-e has just moved 10,000 Bitcoin (BTC $16,451), currently worth over $165 million, to various exchanges, personal wallets, and other sources on Nov. 23.

A Nov. 23 Chainalysis report suggested that while this withdrawal is the largest made by BTC-e since April 2018, BTC-e and WEX — an exchange which is thought to be BTC-e’s successor — both sent small amounts of BTC to Russian electronic payments service Webmoney on Oct. 26 before making a test payment on Nov. 11, then transferring out a further 100 BTC on Nov. 21.
Of the total amount sent, 9,950 BTC is thought to still be located in personal wallets, while the rest was moved through intermediaries before ending up at four deposit addresses in two large exchanges.

Blockchain analytics firm Cryptoquant co-founder and CEO Ki Young Ju also verified the findings noting 0.6% of the funds were sent to exchanges and may represent sell-side liquidity.

In a Nov. 24 tweet, Young Ju shared images of the transfer highlighting the BTC had been in the wallet for over seven years.


Mt. Gox was a Tokyo-based cryptocurrency exchange that once accounted for more than 70% of Bitcoin transactions. In 2014, the exchange was hacked with thousands of Bitcoin stolen and the exchange filed for bankruptcy shortly after.

BTC-e, which had its servers located in the United States, had its website shut down and funds seized by the Federal Bureau of Investigation (FBI) in 2017 after allegations that it was involved in money laundering, including crypto stolen during the Mt. Gox exchange hack.

According to Chainalysis, at the time of its shutdown BTC-e still held “a substantial amount of Bitcoin,” and in April 2018 moved over 30,000 BTC out of its service wallet.

While the owners of BTC-e attempted to remain anonymous, Alexander Vinnik is thought to be the main operator and has been embroiled in legal battles for the last five years as a result.

A WizSecurity report released in 2017 alleged that BTC-e and Vinnik were directly involved in the theft of Mt. Gox Bitcoin and user funds, with the latter being forced to suspend trading and close its website after the losses.
https://cointelegraph.com/news/10-000-btc-moves-off-crypto-wallet-linked-to-mt-gox-hack
65  Other / Beginners & Help / Be vigilant on: November 26, 2022, 09:46:15 PM


The link above contains a login details that I recieved from a strange person as message. When I first saw it I already understand that it can be a trap from scammers if I should go on to see how true it is, I just had to snub the message because what was sent to me doesn't belong me.

I got scammed before now that's is why I'm able to figure out that the message to me was from scammers.
66  Other / Beginners & Help / Re: [Merit] Hey Bitcoiners! Can You Send Encrypted Messages? on: November 25, 2022, 06:42:45 PM
-----BEGIN PGP MESSAGE-----
Version: Keybase OpenPGP v2.0.9
Comment: https://keybase.io/crypto

wcBMA6M4xhfeZuZWAQf9Fk+NThj8Y+TrjnT2m5aSE0QHUSY7YrlPrgGN56I4exht
iK/j/zH+ck0ziXUxfBqqhqKAtRLunTO6H1JJSnYpMYZgoibmqjhDgYUP2ptI6HJX
LEjLM4rLxyy7+wd8Eq7bpwTWbhYRovfWdgjIttvqXvhZrk3EptK/+vVQE8tG4DMd
zNorHE3MwGOwbSN+xaZLjzTiKxcHCpXWhm5XN5VCFYKBdLgUVNNoMqWBUiho/81o
BS0xNzwrA+EMGBsJlaIMfw6DlnPswll+kMPRYzL8pNAHnVF2ML72fsQwLeKcIXX5
c54kWZG5kRM3kaa/fRJBWniFJJH+zsxR2IheL74Q/tJgAT0rQhuNzD+j8VYxDqlB
m5QJGx6ejTxcc0IZAMx8zpsGgReMblysnlrocP1MURXSA8/fUxPF7NxOHK3FfQCH
B6yYvE6h4WuAu9LrzX97/reqL+fYcie05FjsDouUCkpp
=0ZyX
-----END PGP MESSAGE-----
67  Other / Beginners & Help / Invest without predicting a time of bull on: November 23, 2022, 12:02:54 PM
Invest bitcoin without expecting the bull market at any given time.  Bitcoin is volatile and a decentralized  currency which the bearish and bull market can occur without anyone knowing.  When investing Bitcoin  and expect to gain profits in a given time and what is expected to happen in the market turns to be something else, it can automatically make one to feel emotional. 

When Bitcoin is invested with a free mind  without expecting When to make profit in a predicted time, it gives fate to keep hodling till anytime bull market occur.
68  Other / Beginners & Help / Do what is right to be happy on: November 18, 2022, 01:08:51 PM

If you want to sleep freely and be happy stay out from hodling in exchange,  and stay away from altcoins. Bitcoin survive in the bear market no how tough it will be. Only Bitcoin can make you smile while waiting for bull. Know this and know and have peace.
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