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61  Economy / Reputation / Re: Merit earned by Nigerian Members here in Bitcointalk on: May 14, 2024, 06:03:49 AM
Did you also notice that most Nigerian members here in Bitcointalk earn merit very quickly compared to other local members who have been on Bitcointalk for a long time and have quality posts but still struggle to rank up because they can't earn merit? Are there cases in the Nigerian community of merit abuse? I'm not being racist here, just an observation. How do they manage to earn merits like that?
Firstly op why didn't you post this with your main account instead of using an alt? Because I don't see how some one with zero merit understands how the merit system in Naija board works and even knows the correct board to post this?

Unless you provide concrete evidence, I don't think there is anything unusual. Before they only had Brainboss as a merit source, and I don't know if theymos ended up appointing another one. But in any case, that merit circulates in a local section is normal and the Nigerian community is quite important in Bitcointalk. I'm sure most of those that come to mind, like Brainboss, Charles-Tim, Igebotz, Mia Chloe, Satoprincess and many others have earned their merits honestly.

Just like poker player mentioned, Naija board had no merit sources for a very long time. And even Brainboss who is our merit source doesn't have much smerit allocation. If you even check the Naija board properly I believe we have only one merit review thread and it was even created of recent this year per say. I'm not saying that there don't exist any merit cycle on our board but what I'm saying is don't generalize the local board in matters like this. We have a lot of active and knowledgeable members on our board that have earned all their merits honestly.
62  Economy / Services / Re: Charles-Tim Signature space for rent on: May 13, 2024, 07:37:46 PM
Charles Tim is a nice contributor and active member of our local board as well as technical board I can vouch for him for that.
63  Bitcoin / Mining support / Re: S19jPRO Problem on: May 13, 2024, 06:29:32 PM
Op wrap up this entire log in a code element. Something  similar to something like

Code:
here is the log 

 It will help forum members be able to glance through it easily and also present the post in a compact manner instead of this very long text which appears very bulky.
64  Economy / Gambling discussion / Re: How much of my salary should I use to gamble on: May 12, 2024, 10:37:17 PM
Most persons started off with gambling for fun and after which they have kept a continuous relationship with gamble, they end up becoming addicted. Asking how much of your salary is to be used for gambling is a bit suspicious, and it could mean you have already started using more than you are supposed to use. As gamblers, when you don't understand the function of gambling and you take it as a means of making money, you'll definitely end up spending more than you ought to spend from you salary into gambling.
A gambling addiction is something a gambler should as much as possible to avoid this is because having an addiction puts a lot of things on a different view from others. Addicts have one of the most annoying habits of over staking and losing especially because of their inability to manage bets and time as well as how much risk they put in during Gambling activities. For a regular gambler who is responsible, he should be able to. Monitor how much time and money he puts intl gambling activities. I really don't think there is a fixed amount the responsible gamblers should make use of to ensure that that are not on the wrong track rather the phrase stake what you can afford to lose here should be the guide to making proper stakes.
Aside from the fact that your salary may increase the stake, the phrase  stake what you can afford to lose phrase is something all gamblers should put into their mind to help manage their funds.
65  Bitcoin / Bitcoin Discussion / Re: Did you start investing in bitcoin because of some celebrity ? on: May 12, 2024, 10:21:49 PM
Of course not. Making Bitcoin investments is something I came to understand properly and like when I joined the forum as well as spent more time here. During my newbies days I had a vague understanding of how Bitcoin investments work mainly because of the wrong and funny explanations made by people like social media influencers out there. I can bet you that although a great deal of people have heard about Bitcoin and it's potential, only a few of them are fully aware of how it works.
In some countries where crypto is regarded illegal by the government, they hardly have celebrities whom make Bitcoin popular by even talking about it publicly. It is even difficult for Bitcoiners in such locations to carry out their crypto related businesses and stuffs at ease.
66  Economy / Gambling discussion / Re: Don't make your bets when you're tired on: May 12, 2024, 09:26:35 PM
Gambling can be done anytime for fun, but gambling in a relaxed mood gives more fun. But if one gambles at a time when one is very tired and can still have fun, then one's thinking may work a little differently. So then he can forget that he has a budget limitation in gambling.  So gambling should be done in relaxed mode, then besides having fun at that time, all the limitations of gambling will be remembered and big losses will be avoided.
I don't really think gambling while tired has same effect on every gambler. This is  because every gambler has his level of consciousness and awareness when they are tired. Some persons are still able to do things in a mentally stable manner even if they are tired , whereas some others find it difficult to focus when they are tired. Either way , tiredness is accompanied by some level of fatigue, however the effects is not equal for all persons and gamblers.
Now as a gambler you should learn to properly manage your gambling time and also understand when you are mentally stable to gamble and place bets. Therefore a person who easily losses focus when tired should likely take a break from Gambling when he's tired.
67  Economy / Gambling discussion / Re: What are the main points of gambling? on: May 12, 2024, 08:38:27 PM
The truth is that this question really doesn't have a general answer. Now this because just like different gamblers choose different games and different casinos, so does a majority of them have individual reasons why they gamble. People Gamble for different reasons ranging from fun which is common with younger gamblers, as a form of leisure activity especially for gamblers who are very busy most of the time and some gamble to reduce stress and keep busy during idle times which is common with older people.
However despite their different reasons the most common reason is to make some extra cash by winning along the way. Also, as long as a gambler doesn't spend too much time gambling or make the monetary aspect his main aim he should be safe from addiction.
68  Other / Beginners & Help / Re: Understanding dormant wallets for beginners on: May 12, 2024, 09:09:52 AM
Because coins haven't moved out from an address for six months or longer does not mean the coins are lost. It is impossible to know if the coins in a particular address is lost, expect the owner tells you so and signs a bitcoin message from the address.
I agree with you from the part of saying that you can't conclude that a coin is lost just because the wallet is dormant since there are a lot of hodling wallets out there which hasn't broadcasted a single transaction once for a very long period of time. However as for the other part you spoke concerning signing a message,Firstly you require a wallets private keys to be able to sign a message. Now lost Bitcoins are regarded as lost because there are currently no access to the wallets keys and seed because they are lost and since you can't find the keys the coins are lost also based on the fact that you can't sign a transaction with them, and also you definitely can't sign a message with them too.
Therefore I suggest you can't tell a hundred percent that coins in a particular wallet is lost since you never can tell if the keys are really lost or if someone out there has the keys.
69  Other / Beginners & Help / Re: Bitcoin protocol violation on: May 12, 2024, 08:50:18 AM
I stand  to be corrected but from my understanding about how the bitcoin protocol  works. If  a transaction violates the rules of the bitcoin protocol, such transaction is treated as void and is ignored.
Of course such a transaction would be dropped and discarded. Now before a transaction is confirmed my adding to the next block, the nodes have to check that the transaction obeys all the Bitcoin protocols. Now to start with, to my level of understanding, one of the rules is that every coin being sent or broadcasted via a Bitcoin transaction must have an origin and must be from a valid origin. Therefore for a transaction to be confirmed, its coins must have a proof of work origin which simply means that every Bitcoin that is authentic was mined. Since it's the proof of work origin that allows the coins to be confirmed and thus spent.

Quote
It is said that the entire network much reach a consensus before a transaction can take place. Must a full network consensus be required to verify a proof of work result?

A majority of these things are done by the node softwares. I think it requires individual Miners to do this meaning for a node to add a confirmation to a transaction it must first confirm that the coins have a valid origin as well as proof of work or else they won't fit into the next block since every single Bitcoin ever mined has it's unique digital footprint.
70  Bitcoin / Bitcoin Discussion / Re: Does the world know about Bitcoin? on: May 12, 2024, 08:38:43 AM
I think your opinion you are trying to express via this post is vague. Now I'm saying this because if I should answer the title of your post, the answer is obviously a capital YES. Bitcoin is not only the first crypto currency in the world but also the most popular crypto currency with the highest market value and market cap in the whole of the crypto space. Bitcoin currently is one of the most trusted form of crypto investments amongst all other crypto currencies not only because of its current value but also because of it trend and nice pumps over the years.

Now for me I think the best title for this post should be "How much of the world understands Bitcoin" because literally it's safe to say the whole world knows about Bitcoin however not the whole world understands it and how it works.
71  Bitcoin / Electrum / Re: High Fees on Electrum? Normal? on: May 12, 2024, 08:20:44 AM
Firstly let me start by spotting the fact that that message that made you make this post is more like a warning. Electrum actually tries to weigh the amount of coins you are spending with respect to the fees you make use of. Now if the fee is too large compared to the amount you are spending then you would definitely get a warning since such a transaction is regarded as uneconomical. Also fees are not estimated by how much coins you are spending rather they are estimated by how much block space your transaction would occupy and also with respect to the conjestion on the Mempool at the time of broadcasting the transaction.

Now if you are making use of the latest version of electrum, you can edit your fees manually by typing in your preferred fee. Also it's very important to make sure you check the Mempool before broadcasting your transaction as it will help you a long way when you intend on picking the best fee for your transaction.
72  Economy / Gambling discussion / Re: Is it proper for younger ones to gamble? on: May 12, 2024, 08:04:57 AM
What surprised me was that the owner of the gambling shop understood that minors were not allowed to gamble, but he still allowed these children to gamble at his place even in their school clothes. I understand that he is also in business and money is money, but there should be limits on who he accepts the money from, he should be aware that it is not appropriate for him to accept underage children to gamble at his place. Didn't he think about how the child's parents would react when they found out that their child was gambling in a place like that? They would definitely be very disappointed with this, because no parent would want their child to become a gambler at a young age.
This exactly is the major downside of laws that are not properly managed and enforced. In the first place I see no reason why teenagers should be allowed to show much interest in public gambling in regular and traditional casinos let alone allowing them to place bets knowing fully well that the are underaged in such an activity. It's very common to come across kids carrying out things that they are not supposed to do because they are not properly monitored.
I think one major reason the casino management still allowed those kids on uniform to place bets was because of the fact that they are greedy and there was no one to quary such activity of report them to the authorities.
73  Economy / Gambling discussion / Re: Between females and males, who are more resistant to gambling losses?  on: May 11, 2024, 12:38:25 PM
Firstly let me start by spotting the fact that in some countries and regions it is not really acceptable for women to involve themselves in Gambling activities. Now talking about losses, it definitely comes with some emotional downside attached to it and being able to overcome or properly manage it depends greatly on the individual. Generally I believe women are more emotional compared to men and if such level of emotional effects are put into gambling, the woman would likely find it more difficult to manage losses.

Also most of the time the emotional effect attached to losing is dependent on the amount the gambler lost via the stake. Therefore staking what you can afford to lose will help alot in managing the emotional effect of losing a bet.
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78  Local / Nigeria (Naija) / Re: How to avoid bitcoins and other crypto fraud on: May 10, 2024, 11:56:02 PM
I think the very first step to avoiding crypto fraud from affecting you weather directly or indirectly is by first working on yourself. If you are a greedy person, you will definitely end up falling for one. Scam or the other weather crypto related or not. Another important thing to do is to always stay updated especially when it comes to matters regarding privacy and security.

1. Don't send cryptocurrency to people who claim they will "double your money."
As for this common format scammers usually employ, as long as you are not a greedy person, you shouldn't fall a victim of this.

2. Double check that you are using an official website, not a malicious copy of a website.
This is also a very important one. Therefore before surfing important sites, it is crucial to ensure that you are browsing the authentic site. Most times you can check for this via the domain especially if it is a New one (that's if the site you intend on surfing isn't a new one.)

3. Be highly suspicious of anyone who cold-contacts you by direct messaage, email, etc
I think one of the most important things to do with respect to this is to avoid spam emails and unwanted direct messages. You can do this by limit the rate at which you sign up on random and unknown sites. Another thing to do is to make sure you are not joining groups that are not important especially on public platforms and social media.
79  Economy / Gambling discussion / Re: Why do people lose in gambling and still go ahead and bet more? on: May 10, 2024, 11:43:25 PM
Rationally it can be a little difficult for some gamblers to continue staking and placing bets even if they've recently lost some bets. However for some others it really isn't much of a big deal. The main fact most of the time that determines if the gambler would continuously stake and bet even if they lost recently is either the magnitude of their loss or even their personal reasons or choice.
Every gambler has his pattern of placing bets and most of the time, as a responsible gambler you should have a threshold for how much money you put into placing bets. And if doesn't exceed the target limit, it should not be much of a big deal. However it would not be rational to continue staking and placing bets even when you've exceeded your limit and continue losing. gamblers who often do such things can easily be seen as a Gambling addict by most people.
80  Economy / Gambling discussion / Re: Is it proper for younger ones to gamble? on: May 10, 2024, 11:35:43 PM
answer: definitely not. Minors have nothing to do in such places, and their parents should more carefully control what their children do and with their money. And there is a problem that children will start looking for money for new rates and skip school. If I were you, I would leave a complaint to the manager so that he would be more attentive who comes into the establishment.
This exactly is my main point. Kids , teens no matter how grown or matured they seem to be are under no circumstances allowed to involve them self in Gambling activities of any sort. Sadly some countries have poor management of rules and regulations that restrict individuals below 18 for being able to gamble or even place bets in casinos. This is even better enforced in area's with traditional and regular casinos since it is quite difficult to enforce such rules online.
When kids and young adults involve themselves into Gambling activities at a very young age, it usually has some level of negative effects on them even in terms of behavior and intent and love for money. If you observe properly many under 18 gamblers gamble mainly because of the financial benefits and nothing more.
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