Because Africa is full of corrupt leaders, because they do not depend on themselves but on other Continents. See the giant of Africa (Nigeria) that is lacking a lot behind, see the white Africans (North Africa) not capable of latest technologies again. All Africa people know is themselves and their families (nepotism), they do not careful about others (whites and many other countries do care about others). Our leaders that were there when Colonial Masters left the countries that became independent caused what is happening. The so called South Africa is better because the Apartheid makes the whites to mix with blacks, leading the nations to a greater level, that is why they still have the best economy in Africa.

The Continent (Africa) has good agricultural products, plenty mineral resources, what left is for them to use brain to set up countries that will be standard, but they are not capable. This has just being the beggining, if care is not taken, Africa will remain like this and become even more worse.

Africa countries are not capable to make phone products, computer, automobiles and the likes, they lack in technology. Can you even point out any successful coin made by Africa? For any of the Africa country to even get a local board on this forum is a problem. We need to think about the future, correct the mistakes of the past, depends more on our effort, then we will rise.

In Africa, their presidents and governors or anyone on official governmental seat will go abroad (outside Africa) for medical treatment, is that happening in other Continents? No. They are making their homes shit for their generations to come, the rich ones have their children green card abroad, some were even given birth to in abroad, and come back to Africa. These mentalities we are having in Africa has made Africa like this.

I see the work rested on the governments, but governments that its official sick and fly him abroad for treatment, is that the governments that are ready to help? They are just the governments that depends on importation because all they are using are imported, making life miserable for the citizens. With what I am seeing, I do not think any solution is coming soon, unless the young Africans do not be like their father that are there presently, but do you think they will not be like their father and yet make Africa not going forward.

Scroll down this thread, beside 'lock topic', you will see 'move topic''. Click on 'move topic' and move this topic to 'Bitcoin Technical Support'.

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The transaction is 44 sat/vbyte, due to certain reasons, the transaction can not be confirmed, at the moment, the feerate that can put your transaction in a block fast is around 210 sat/vbyte at the moment. I would have said you can contact the sender to pump the fee, but the transaction is not supporting replace-by-fee.

You do not have option, but I have just used ViaBTC free acceleratator now, it has filled up for this hour, you will have to wait for the next hour, and try to accelerate it freely at the earliest time of another hour. Probably, it should work, very possible your transaction will be placed in the next block mined by ViaBTC if the transaction is successfully added along.

You are welcome to the forum, and welcome to our local thread. Know sey this na still thread, we dey hope for local board in the future, and e fit be anytime soon. Your post for here go dey useful towards us having Nigeria local board, and English boards should dey your mind very well and dey post there often.

First of all, never mind me sey I go correct you to dey proofread waiting you wan post. Before posting, read waiting you wan post, after you post ham finish, read ham again to check  for errors.

Nothing dey hard about crypto if you are patient, just take ham slow for this forum, learn about bitcoin and crypto generally. With time, you go dey happy sey you dey here. I checked your posting history and I saw a topic asking for what to do about this forum. Try read waiting them post you.

But, I go add you some useful information

• try download Coinmarketcap to check crypto price
• read about bitcoin wallet
• read waiting crypto exchange be
• read the difference between custodial and noncustododial wallet
• dey read the post wey you see for this forum (that interest you) to understanding
• take it step by step, you go be better than before

I don dey wonder why bitcoin price no go further beyond $60000, although the price this time before the recent bear market wey happen overnight rose well even above $63500, but still the price decreased and decreased more abruptly over night for Naija time (GMT +1) to $50500. The price don rise back small and dey around $55000 now or slightly higher price.

I notice sey some institutions dey try, but after Tesla invested $1.5 trillion in bitcoin, na waiting carry the price go $40000 and yet carry ham go over $50000 because sey people fomo and invested along. The price later gotten to $58000 around that time and later decreased, as e decreased to around $50000, Microstrategy invested $1 billion, but the bear no gree end at the time, the price decrease go around $45000 but rose back above $50000. After that time, waiting I noticed be sey the price no go below $50000 and no dey near $70000, even not slightly e rise pass $60000 recently but no still near $70000. So, I come know sey the support na $50000 while the residence na around $60000.

Waiting you people suggest, you think sey the price of bitcoin is going over $60000 and surpass $70000, because this has been the greatest resistance for now. Or, you speculate sey the price go still go further below $50000 resistance.

The vulnerability that can be introduced into source code can be more than the code used to generate mnemonic, it can even be other form of malware or vulnerabilities that can be monitoring someone's activities, it can be the one that can malaciously even reveal the seed phrase, and many more can be the vulnerability. Yes, that is why open source wallets are the best because the source codes can be seen by the public, accessed and Lok for errors and vulnerabilities, but close source wallets source codes not known to the public which makes it not accessible, even people using the wallet can not access the source codes.

Day and swing traders are the ones now manipulating bitcoin price with $50000 support and $60000 resistance. The institutions are not coming in more for now, that is why the price is falling back and yet not growing. We can not say this is the end of the price increase because possibly more institutional whales and other whales can come into investing in bitcoin which can still push the price further above $60000. But, bitcoin is deflationary in design, over a long period of price fluctuations, the price will still have a net increase.

One thing about Ledger nano is that its secure element which it is using to generate and store seed phrase is close source, it is operated with an extension like the ledger live or wallet like electrum which is open source, some people still believe it can be trusted because of that, unlike wallets that spyware or other vulnerabilities can be introduced. But, also still very possible the secure element can have vulnerability in which predetermined seed phrase can be generated, that is why open source hardware wallet like Trezor is still better, but with the use of passphrase in case of physical theft.

The transaction is not valid on blockchain explorer you used because the transaction has been dropped from some mempool, but that does not mean your wallet has not rebrocasted the transaction which will be valid on some mempool. You can try to use other blockchain explorer for it. But, that is not the matter, the fact that the balance not yet appearing back on electrum, it means the transaction is still very valid and yet not dropped from some mempool.

Make sure you check if the bitcoin has reappeared on your electrum wallet balance. If so, try to rebroadcast the transaction with high fee spending the same input you first used.

Or, on your electrum wallet, is the transaction still unconfirmed in the transaction history?
Is the transaction supporting replace-by-fee?

Or, can you paste here the txid? Although this can compromise your privacy but not you wallet security.

I just want to know if it support RBF, so that you can pump the fee if yet remained unconfirmed on your transaction history.

You dey correct that if bitcoin dey with escrow provider, fee no go dey there. But e depends on the type you dey use, you dey talk about custodial escrow provider. If na noncustodial, 2 of 2 or 2 of 3 multisig approach will be used, which go even take up more fee. But, you dey correct as na custodial service escrow provider you dey talk.

Waiting me dey think be say I still like the approach in which you will need to pay an address, it dey risky more than your opinion, but privacy go dey. As some platform don dey support bitcoin lightning, e make sense in my opinion. Litecoin transaction too make sense, e get a coin wey I like for such low fee which is digibyte, e make sense too, but no yet dey supported for many platforms. But your opinion to be an alternative na good suggestion because many people no even care if na custodial or noncustodial, but they just prefer there transactions to dey safe and secure.

You are absolutely correct, but just want to add this for more clarification. The vulnerability in which someone that steal the hardware wallet can be able to extract out the seed phrase can also be done one Trezor Model T. I am pretty sure you know about this as well, but I included it for the OP not to make mistake by thinking otherwise about Trezor Model T.

Please, never mind this, I do not get your point here. The encrypted passphrase should be BIP38 right? Which is also even called password, correct me if wrong. But, the hierarchical deterministic wallet only follow the BIP39 passphrase standard which is generated through salting in which making seed phrase to generate another keys and addresses entirely, this are the passphrase which are extra words, and it is what is supported by Trezor. BIP38 is used for wallets like paper wallet, not hierarchical deterministic wallets.

You will need to operate your wallet in a safe environment, making your computer to be completely safe from malware.

You need to know ways to protect your device, making it not have malware. You will need to learn this before making use of bitcoin at all. Learn how to use your device in a way you will stay away from alware, not that hard if you learn about it.

The most important is the seed phrase, you need the pin to access your wallet, but if you are import the seed phrase to another wallet, the pin is no more needed. But remember what I posted above, that if the passphrase is included, you will need it along during seed phrase importation.

In case you later decide to use passphrase. These will be helpful:


You are right, but I have heard the possibility of change address in which recipient address will be change to attackers address during sending, but checking the address again to make sure it is the recipient address is recommended. Also, the best is to operate hardware wallet in a safe environment with a safe computer.

Trezor is a reputed wallet, it is completely open source which makes it to be one of the wallet that is recommendable. But, there is one thing that was proved about Trezor, it is about if the wallet is stolen, there are ways to attack the wallet and reveal the complete seed phrase in minutes. This can be used to steal all the bitcoin and other cryptocurrencies that is controlled by keys generated by the seed phrase. Although, if the wallet is not stolen and is safe with you, nothing will happen.

But, in case it is stolen, and the thief try to extract out the seed phrase, the passphrase can help, it will make it difficult or impossible to know the keys generated, because passphrase in addition to seed phrase makes a wallet to generate another keys and addresses entirely. In this case your wallet will even still be safe after theft. But, it is advisable to use strong extra words (passphrase) so that brute forcing it will be difficult or impossible. And you would have even recovered your wallet and transfer the cryptocurrencies on it to another wallet immediately after theft.

You will need to properly, securely and safely backup the seed phrase and passphrase offline, the back up should not be together, and have like two replica in different location will make its accessibility safer. Know that pin can protect the wallet, but not needed while importing the seed phrase on another wallet for recovery, unlike the passphrase which is very important.

The passphrase makes your wallet protection stronger, and must not be forgotten. It should be properly backup as well as seed phrase but differently.

I do not have other things to compare bitcoin with than gold. Gold with a marketcap of over $11 trillion, this is the greatest asset of all time. Because bitcoin is still at its early stage, but some people will think it is not. It will not be a surprise when bitcoin might surpass gold in market capitalization. Never mind me not comparing bitcoin with google because as time goes on, google will be nothing if compared with bitcoin. You can try to read the latest post by fillippone about how the future still seem more positive for people that are just buying bitcoin now at this time.

Equivalent Network Time

Please, let it be bitcoin vs gold, not google.

I do not know much about RSA private key, but you can read the link I posted you above. RSA private key is a part of public key infrastructure used in SSL certificate.


If you think it has anything to do with bitcoin private key, you are absolutely wrong. It has nothing to do with bitcoin private key. If you need a bitcoin private key, you can generate that from bitcoin wallet. Any bitcoin sent to the address or public key the bitcoin wallet generates, the private key can be used to access the bitcoin on the blockchain.

No, you can not access bitcoin with RSA private key. RSA private key is used for authentication and a symmetric key exchange during establishment of an SSL/TLS session while bitcoin private key is completely different.

https://www.namecheap.com/support/knowledgebase/article.aspx/798/67/what-is-an-rsa-key-used-for/

You dey right, the ban really don disrupt some crypto organisations wey dey Naija, but the wise ones done go p2p as well.

For the charging fee, bitcoin, ether or any other coin wey get high fee no dey encouraging. But you fit use bitcoin lightning, or altcoin wey get low fee for transaction, like litecoin.

Mempool will likely be less congested tomorrow. Wait till tomorrow (Sunday), the mempool should be less congested, and likely the transaction will be confirmed.

Cryptocurrencies generally can be banned in many countries, but that does not necessarily means at times that citizens of such countries are not using it. Why is it banned in China, but 65% of newly mined bitcoin are mined in China? That even means Chinese are making use of cryptocurrencies. Nigeria CBN banned cryptocurrencies this year, but that does not stop their citizens not to use cryptocurrencies when p2p exchange is possible.

I remember before I joined Bitcointalk, I do not know much about cryptocurrencies, and I wanted a gambling site that accepts bitcoin or any other cryptocurrencies like litecoin. The first I saw was 1xbit, I researched about the site online and I saw many online comments about the betting site, that they do freeze users account. That was the reason I did not register on the platform. People should not just register on a betting site or an exchange or on any custodial service providing dealing with cryptocurrencies. The same reason goes to HitBTC when I saw many online contents that recommend people not to use the exchange that they do freeze someone's account.

People should make research, just like ChuckBuck commented that you can not help everyone. But nothing bad to have a report of any such sites that have such behaviour of scamming people.

I really like your idea by paying for goods using bitcoin, also the seller (your friend) will be so happy because the amount would have appreciated by now. But commentimg the transaction fee is free can be misleading. Making use of noncustododial wallet will demand for transaction fee even if you and the seller is using the same type of wallet, the fee is an amount paid to miners to make the transaction to get confirmed. But, making use of custodial wallet in which you are sending the bitcoin to someone using the same type of custodial wallet, very possible the transfer is free, because you only send a number from your account to another user, no miner is involved, and this depends on the custodial wallet you are using, some might still even demand for fee, but which may be very low if compared to number fee paid to miners during transaction.

I will not recommend people to make use of custodial service if they want to have privacy, they should go for noncustodial wallet. If thinking the fee that will be paid is too high because of high amount of fee for bitcoin transaction, he can try and manipulate with bitcoin lightning network for low fee. Bluewallet and electrum are both recommended as lightning wallet.