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761  Alternate cryptocurrencies / Altcoin Discussion / Re: (Bullish) Solana introduces the promise of solving congestion with v1.18 on: April 10, 2024, 01:49:26 PM
This major congestion happened this year and congestion has been an issue with Solana. This is the first time if I am correct they have added a patch to the blockchain and whether it will work or not can be determined when they face another instance.
Okay. This was the first time I was about to use the Solana service to move out my coins from it because someone recommended to me and the congestion the network made to abandoned the service. Well I have not used the service or the network before so I don't know that this is the first time the network is congested but being a new projects or up coming project they would have prevented it from the congestion because once a network is congested it loses customers.

Yes I have been hearing that the developers want to remove the ordinals from the network so that it will be free from the congestion.
762  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What altcoins do you think are currently still cheap but have good potential for on: April 10, 2024, 12:33:53 PM
All altcoins have experienced a deep decline when the market entered a bearish period and I'm sure none of the altcoins have experienced an increase and reached their previous ATH so we can say that everything is still cheap if you want to have it, do it immediately and always remember the risk that there will be an altcoin that will not return to its highest price and no one knows what it's the name so when you choose the wrong altcoin then you will have the opportunity to also lose not just profit, so be careful.

I have bought Ethereum for four different wallet for about two months plus the growth was very very slow so I decided to convert one my exchange Ethereum that I bought to Bitcoin and to see the differences guys there is very big different. I convert it with the Ethereum value was equal to $10.85 and I convert it, it was about 0.00015 in Bitcoin and Bitcoin was $66+k and when Bitcoin climbed to $71,799 and when I sold it it came out as $13.30 or there about though the exchange didn't show the dollar value and only on the local currency.

And the $10 was there in the Ethereum for months without changed and it only Change within 4 days of my converting. So I will not advise to invest in Ethereum for now until the congestion has reduced. And if you are looking for a promising altcoins to invest then try Eloncoin.
763  Local / Politics and society (Naija) / Re: Mr president Tinubu alignment with Binance to restrict dollar to naira trading on: April 09, 2024, 10:36:30 PM
The government needs to understand this that its not only Binance that is involved, they are just being centralized here, there are other platforms whereby the exchange of naira to dollar exist, what the government should know is tier failure in the capacity of trying to stop p2p, that is not possible, if the stopped binance, what about other exchanges, are they not existing, is the Nigerian economy getting worse of better when there is no recent economic growth from the impact of the government on it people.
All these things happening because na di failure of di government because meritocracy have been given to those who are not qualified. Like who is a police man in. Nigerian is unknown, and who is a Road Safety Officers in Nigeria is unknown because the work meant for road safety, Nigerian Police na dey do am so when the agencies who supposed monitoring di activities of the exchanges in the country, e no dey do am instead other people nai dey do and dem no know how to do am so all what they can do is to collect money and allow di company to operate.

And another worse agency in the country na custom. Things dey cost because of them because they are highly corrupted that bribery is ongoing at the boarders so the importers have to increase their goods to meet up the lost price. When Binance came nobody monitored them so they do things on their own. Do you know that Binance has been chased by Nigerian government not once and twice but more. And all those times they use money settled. Dis one now because of the obvious reasons dem attack dem hard.
764  Local / Nigeria (Naija) / Re: Government demanding from Binance the lists of its Nigerian users on: April 09, 2024, 10:19:39 PM
With this that has been happening already, i seem not to believe in everything the government gives as report because most of them are not as the real case is, two people cannot be in custody and one escaped from them and the other left behind, this looks more of being planned, well, am not to judge on that, but we need to see things beyond what we are just hearing from the media on how possible could they be true, except they show us the other detained representative, i will not believe it was only one who escaped.
I agreed with you but according to the news, the one that escaped was kept in the house and it was house arrest so when the Ramadan fasting and praying came, he was also there praying and from there guyman tuama and bypass all the protocol to is country. Really this matter e no dey clear at all. And do you know that it is the American citizen that was left behind? Oya think of it, they are fighting dollar to be reduced and held back the American citizen. What is in your mind?

They want American government to respond and reduce their Currency exchange rate in the country and right now they have send di guy to prison. Nigerian government will never tell the public the truth behind this issue.
765  Other / Beginners & Help / Re: Seed phrase backup against natural disaster areas on: April 09, 2024, 10:04:23 PM
He said a video, not a fictional scenario. What do you think videos are anyway? All videos are recordings of reality, unless they are CGI.

I understand it. But as Nigerian, he would used life time experienced scenario and not recorded videos. Though videos are reality when we come flooding fire outbreck and other disasters. But when some wants to do something, they would say those videos are edited with computer and I believe all the Nigerian as experienced this in what happened to our youths in 2020, 20 October.

What about house fires? Do you have any of these in your State in Nigeria?
Yes there is fire outbreak. And that is why when you saving your seed phrase as others have also said it. You have to split it to different locations plus out site your house. So laminating your seed phrase is also a local way of saving it for those who can't afford the washers.
766  Other / Beginners & Help / Re: Seed phrase backup against natural disaster areas on: April 09, 2024, 08:57:47 PM
Have you seen an earthquake or a severe flooding video? A Laminated seed phrase will not survive it. In the case of an earthquake with almost all buildings brought to the ground, people trapped inside for days or weeks and rubbles scattered everywhere. You won't even be thinking of you seed phrase, what will be in your mind is your survival and the safety of your family members. Eventually, if you come out unharmed, chances are the seed phrase might be destroyed or unrecoverable.
I thank God that you said video and not reality. I have not experienced earthquake in my State in Nigeria. But have experienced flood time without number and nobody can tell me anything about flood. The kind flood I have experienced in my State pull down houses and destroy buildings and documents but all these disasters if you laminate your seed phrase and it fall for the flood, it will not damage if you see it and pick it but if you didn't see and if flow away then it would list.

Therefore laminating your seed phrase is still good for some reasons.
767  Alternate cryptocurrencies / Altcoin Discussion / Re: (Bullish) Solana introduces the promise of solving congestion with v1.18 on: April 09, 2024, 08:48:41 PM
The congestion happened on the 8th of April and many factors play a pivotal role when a network gets congested. But, speculation is that the sudden surge of meme coins on the Solana blockchain has caused this issue, more information on the congestion .

Since on the 8th of April when? Last year or before last year? And it is last as well and that means the congestion is not today issue, it has been long. And as for me I only noticed it this year 2024. I noticed it when Nigeria Government and Binance has issue so Binance disabled the p2p button in the country so there was no way to sell our coins in the exchange and all what we had to do was to convert it to another coins and send it or directly send it through another network so I was trying to send it through Solana network but they told me to sent it later because the network was congested.

And since that time till now the network has been congested and I tried to acquired some Ethereum and I didn't know that Ethereum network was congested as well and after buying it then I discovered that it was the same with the Solana network. And what you are saying it has long the congestion started. And thank foe that brief information.
768  Local / Politics and society (Naija) / Re: Can someone with a monthly salary of 200k keep a small family in this economy? on: April 09, 2024, 06:55:19 PM
This question has been bothering me for a while. Hence I brought it here. With the way things are right now in Nigeria. Is it possible??
All depends on the number of people in the family. Even there are some families that with 100k, they can still save 50k from it every month. And if the family is large with 20 and above habitat then the 200k is not enough so that your question can't be yes or no and as I said all depends on the family size. And Even if the family has a small size and the woman does not know how to manage the finance in the house then that amount is not enough but if the woman is good to manage funds then you can save 50%.
769  Alternate cryptocurrencies / Altcoin Discussion / Re: Good Gaming tokens Suggestions worth holding in 2024 on: April 09, 2024, 06:00:37 PM
It's like gaming tokens are rising faster than the other altcoins in the ecosystem because I have sent some altcoins or memecoins came to the system for years now yet they have not hit $1 but this gaming takens would just come to the system and before one noticed it has hit $2 and above. Is it because gamblers are using it to gamble in the website or how? But the token you make mentioned is still low $0.001948. this is the current price of Katana probably it is better than at the first time you meant it. And when gamblers visit the site more and use it to gamble then it will appreciate the more.

In nowadays casinos used to own their casinos.
770  Local / Nigeria (Naija) / Re: What are the things newbies shouldn't do in this platform, so w can not be block on: April 09, 2024, 05:40:37 PM
I think links have been provided foe you to read, read them and follow the rules. And if you still need to know more and all what you have to do is to avoid copying articles or others people posts from the internet without making reference of them both here and other places. Then avoid using of AI and other texts generating bots. Always use your brain to write and leave. Read other people threads in this forum and any one you can reply, you reply to those ones you know that you understand in the process of reading.

Those are some of the basic things I advise you to do to avoid banning or having neutral tag or red tag. Do well and excel in the forum. I wish you all the best.
771  Economy / Economics / Re: Governments and their irrelevant projects just to steal public funds on: April 09, 2024, 02:18:53 PM
What would make a government to rebrand their traditional currencies just to edit some graphic designs with excessive amounts of money bills involved to execute such project that doe not mean to brings more values to the currency neither does it boost the economy level of the nation?
The redesigned of the Nigerian Currency was purely for political reason. It was because the incumbent president or the government as of that time does not want the opposition and some politicians to spend excess money on the electorates. Government does not really get money from the projects they carry out but some they got but the contractors are the once stealing the project money from different ways. Either by inflating the project or construct substandard project toe the public to use while they steal all the money to their pockets. Government stealing is from the construction and not the salarys.
772  Local / Politics and society (Naija) / Re: Reasons why we still no dey use E-naira after 2yrs of introduction on: April 08, 2024, 11:24:09 PM
If government want to use this eNaira they can do it . And all what they can do is to make things simple but the registration process and I. The transaction process. And attached it with cryptocurrency and one can buy and sell with just like any other exchanges. If Opay and  Palmpay and other online Banks apps are doing well the eNaira can also do well but it lack good policy to execute the project. And if the project is redundant like this it will become a fail project in the country.
773  Local / Off-topic (Naija) / Re: Now dollar is #1,400/Naira. Will the prices of food items and commodity reduce? on: April 08, 2024, 11:14:47 PM
Me as I dey like I am even confused of di dollar price because wat I dey see for online e dey different from newspaper and other bloggers. Yesterday I saw say dollar don come down to $660 and today now Nothe price but when I checked the exchange price omen price is still at the high cost. Look at di images wey dem say dollar dey depreciate while naira dey appreciate.

Dis one na di reduction wey happens from one month interval
And
And today I saw NGN2200 so now which one to blame na di federal government because their policies is too weak and they don't have market so everyone do things to their taste because they are using it to sell their market.
774  Local / Off-topic (Naija) / Re: What pressure are you facing? on: April 08, 2024, 10:59:09 PM
As for me I no dey see any pressure here because as I dey type dey make comments na just.lime normal learning work for me. But though everyone e get how dem dey participate in di forum so if I no get pressure another person fit get because we dey face different challenges in real life. Even di 60 posts we I dey post sef e don master me and na only at di first time wen I join e worry me Small. But wen we come to real life pressure full ground but since we dey tok of forum matter. Many dey face challenge  because their dem never understand di forum and di thing dey worry dem well well.
775  Local / Nigeria (Naija) / Re: Understanding basic trading terms and acronyms on: April 08, 2024, 10:49:34 PM
Op Dip and hodle is not a Trading term but it is an investment term. On thing you should also know is to understand the different between trading and investing. Trading is the process of buying and selling instantly, or hours. And there are times use in the Trading platforms. And the first one you have to k ow is the stop lose and take profit. These two are so much important in trading that if you don't know them then you are not ready for trade yet. After knowing these ones then you learn how to use the candle sticks and the uses. Then bearish and bullish are also terms use in the trading side of the ecosystem.

If you need explanation of those terms then in .my next comment I will do that but for the time being you can browse them out and red more on them
776  Local / Nigeria (Naija) / Re: Government demanding from Binance the lists of its Nigerian users on: April 08, 2024, 10:36:03 PM
Still on this matter, just few hours ago the Binance executive who was charged to court have been denied all 5 count charges against levied against him.

Nigeria Binance dispute: Cryptocurrency official denies money laundering

There are also rumours that he has been sent to Kuje Prison, a prison known to hold high-level criminals in the country, and he is said to be detained there till further notice.
 
My question still remains the same: what is the government doing to this guy? Is it fair enough? I mean, are they not cashing in the wrong person? As we all know, according to Binance officials, Mr. Gambaryan is not one of the Binance decision-makers, and as such, he has no right to authorise any action. So why not leave this guy and use proper legal ways to go after the right people who should be held accountable for anything relating to money laundering and tax evasion?
I also heard the news today and it was rampant in the social media and other newspaper vendors site. They send am go there to await trial. But me I believe say the man e dey quilty and Binance as we . And when di man was send to prison Binance was not happy. And what Nigeria is doing na good one. Bcos if na Nigerian company do like dis sef dem for do di same thing even more. Ekweremadu him still dey there. But Nigeria dey fight di fight in a wrong way. Dem for us opportunity collect tax well from dem.

Yes it is for because he caught in the company and not in an isolated place and they were manipulating di Naira.
777  Alternate cryptocurrencies / Altcoin Discussion / Re: Futurum gaming is sure to provide hours of entertainment on: April 08, 2024, 08:35:34 PM
Thanks you for providing the official website of the futurum gaming. Op who is the owner of the thread didn't know that he would put the official website of the casino. And to the Op, I don't think this the right place to drop this thread since the thread is talking about games. Then you have to move the thread to the gambling section and that will have more effect than here and you have to put some pictures or images on the op. You can move it to this board https://bitcointalk.org/index.php?board=56.0 but if you think that the thread is deem fit in this board then you don't have to bother yourself.
778  Alternate cryptocurrencies / Altcoin Discussion / Re: (Bullish) Solana introduces the promise of solving congestion with v1.18 on: April 08, 2024, 08:22:26 PM
What really caused the congestion of the Solana network because they said that it was the ordinals that entered bitcoin network to caused the network congestion there what about the Solana and Ethereum? Well if this v1.18 version can remove the congestion rate in the Solana network then they have to do it fast so that people can use the project to invest well. Because people are looking for a project that is increasing in value and it is not congested. From the objectives of the v1.18 version, it is good to upgrade. Let's see how it will come out.

Everyone needs a project that has a less transaction fee and it is not congested.
779  Alternate cryptocurrencies / Altcoin Discussion / Re: What could be the best of Solana NFTs? on: April 08, 2024, 08:00:28 PM
If Solana NFT will reduce the transaction fee then it will be a good news to hear. Solana is the second best cryptocurrency in the altcoins second after Ethereum. And if it add the NFT then many benefits will account to it. As you mentioned above. The price will be soar, and there will be more investors in the project. I have not heard heard of the Tensor before but we pray that it brings good to the Solana.
780  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your top performing altcoin this year so far?? on: April 08, 2024, 07:52:22 PM
Hey mates, as we get closer to the halving, I wanted to ask, what are your top performing altcoins for the year so far, and which ones are you looking to add to your portfolio as we progress deeper into the year
I have invested in Ethereum and all the altcoins that have done well in this year. It is Ethereum that I know that performed well because last year when I noticed the coin, it was about $2k or below but coming to this year the coin has hit $4+k before it came back to $2k again and we all believe that it will still go up again and some people are predicting $10k before the end of the year but that is not possible base on the movement of the market and the congestion of the network so I used those factors to do my prediction.

Although I was not interested to invest in altcoins but the sudden movement of the coin made me to invest in it and the mistake I did was, I didn't investigate much on it before I invested in it so I enter the market at the wrong time of the high transaction fee period. All what I was saying is that Ethereum is the best performing altcoins of the year as for me.
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