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Best-mary you are trying in this part of the forum and continue the good work and they way you create threads on this airdrops, I noticed that you are a good participant with them. And really this days the way airdrops are flooding the ecosystem is like they are the only projects in the space. Every corner they are there. The last airdrop my friends participated was after the signing up with project site, they still have to make recommendations of 20 persons as referral before the reward was send to their Trustwallets. So you have to carry out some little works before you can be given the token to test the service.
Even you are a serious participant of airdrop project be careful with them because it is not all that is good to deal with.
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Lack of good investment plan also contributed to this. At first I was thinking that topic dey tok about cryptocurrency investment it was when I come check di inside I come see shey na another thing well all Di same because na investment matter nai dey here. And one thing those people forget to do be shey when the money dey enter their hands dem use dey do other things but dem forget weti go happen foe future. Live na one thing wey person no fit predict.
And one thing be shey sickness ba one thing wey no know money. Whether you get money or not him go come and I don see shey many people wey dey do hospital even get money plenty but Di money e no fit cure am. So na God. Be liberal to all Humans and be happy with all men. God k ow weti him dey do.
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Economic growth is the availability of funds to solve the necessary needs of the society. When all the economic needs are meant then it is said as the economic growth of the nation. The increase of the production of goods and services is also part of the Economic Growth because at that time every businesses move or flow well in the market and these are some of the indices that is use to measure growing economy in a nation. The wellbeing of the humans and the productivity of business activities in the country. When the economy of a nation or a country is good then the citizens rejoice.
And as for now the economy of the world is very bad. So the individual are not even growing and if the individual are not growing then the economy is also stagnant.
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I have not reported such before so I don't know how it does but I bring this to this place and if my view or judgement is wrong then apology and the post should be deleted. Plagiarist VincomThe launch of a BTC Spot ETF has coincided with a significant rise in BTC price. Some believe the ETF is a major driver behind this surge, with BTC price even reaching a new ATH before the upcoming halving event - a phenomenon never seen before. Adding to the bullish sentiment, Michael Saylor's company, MicroStrategy, continues to aggressively accumulate BTC. They are even engaged in a kind of arms race with BlackRock to hold the most BTC [1, 2]. Saylor's unwavering commitment to BTC has earned him the reputation of being the most prominent "diamond hands" investor in the crypto world, surpassing even El Salvador's president, Nayib Bukele, in terms of fame. Michael Saylor has outlined the distinctions between investing in MSTR stock and a BTC Spot ETF [3]. While he emphasizes MSTR's advantages, the question remains: for investors, which is better - MSTR, whose value hinges heavily on its BTC holdings, or BTC itself?- In terms of profit: MicroStrategy's investment in BTC has been highly profitable. Since starting to buy BTC in August 2020, the company's stock (MSTR) has surged over 1220%. This is a significantly higher return than the roughly 500% gain in BTC price itself over the same period. This amplified gain is due to MicroStrategy's use of debt financing to buy more BTC. This strategy, called leverage, magnifies both profits and losses. While it has driven impressive returns so far, it also increases risk if the BTC price falls.
- In terms of credibility: some view MicroStrategy, a well-established company, as a more credible investment than BTC itself. They believe investors gain exposure not just to BTC but also to the experience of MicroStrategy's leadership [4]. However, Bitcoin's strength lies in its decentralized nature. Existing for over a decade, it operates independently of any individual, company, or government. This decentralization fosters trust for many investors, myself included, compared to a traditional public company.
While investing in MSTR could potentially offer higher returns, I prioritize self-custodying my BTC for greater control over my holdings. This means I rely on my own judgment, rather than trusting someone else's decisions, even a respected figure like Michael Saylor. Saylor has publicly stated MicroStrategy has no plans to sell its BTC [5]. However, I believe it's a question of when, not if, such a sale might occur due to unforeseen circumstances or a strategic shift by the company. I would like to know your views on investing in BTC and MSTR: - Do you choose to invest in BTC or MSTR? Why?
- Will MSTR continue to generate better returns than BTC?
- Is an investment in MSTR safer than an investment in BTC?
References:[1] BlackRock and MicroStrategy in Neck and Neck Race As Firms’ Bitcoin Holdings Soar to Over $29,170,000,000 in BTC[2] Public Companies that Own Bitcoin[3] MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs[4] Is MicroStrategy (MSTR) A Better Investment Than Bitcoin? Experts Debate[5] Michael Saylor Suggests MicroStrategy Will Never Sell Its BitcoinCopied from https://www.altcoinstalks.com/index.php?topic=319306.0BTC Spot ETF is having a huge impact on BTC price, it is even said to be the reason why BTC has created a new ATH before Halving - something that has never happened in the past. Besides, Michael Saylor's MicroStrategy company is also extremely famous for its BTC accumulation strategy and is racing against BlackRock in terms of the amount of BTC held [1, 2]. We can say that Saylor is the most famous diamond hands in the global crypto community at this time, even more famous than the president of El Salvador, Nayib Bukele. Saylor has previously made clear the differences between investing in MicroStrategy's MSTR stock and a BTC Spot ETF, and of course Saylor points out the advantages of MSTR that a BTC Spot ETF cannot have [3]. We still have one more question: between MSTR, a stock with most of its value backed by the number of BTC held in reserve, and BTC itself, which is the better investment?- In terms of profit: Since MicroStrategy started investing in BTC in August 2020, MSTR has increased by more than 1220%, while BTC has only increased by about 500%. Thus, the data shows that investing in MSTR generates more profit than investing in BTC, because MicroStrategy allows investors to leverage their investment with debt, which allows MicroStrategy to amplify its gains from BTC's price appreciation.
- In terms of credibility: Some people believe that MicroStrategy is more credible than Bitcoin because MicroStrategy is a company with a proven track record. Therefore, investors in MicroStrategy are not just investing in BTC, they are also investing in the expertise and experience of MicroStrategy's management team [4]. I disagree with this view. The Bitcoin network is decentralized and has existed for more than a decade. It is not dependent on any individual, organization, or government. I trust the Bitcoin network more than a public company.
So, even though MSTR could generate higher returns, I will still continue to self-custody my BTC instead of investing in MicroStrategy's MSTR and then putting my faith in Michael Saylor's decisions. And even though Michael Saylor has asserted that MicroStrategy will never sell BTC [5], I think the question is only "when" and not "if". I would like to know your views on investing in BTC and MSTR: - Do you choose to invest in BTC or MSTR? Why?
- Will MSTR continue to generate better returns than BTC?
- Is an investment in MSTR safer than an investment in BTC?
References:[1] BlackRock and MicroStrategy in Neck and Neck Race As Firms’ Bitcoin Holdings Soar to Over $29,170,000,000 in BTC[2] Public Companies that Own Bitcoin[3] MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs[4] Is MicroStrategy (MSTR) A Better Investment Than Bitcoin? Experts Debate[5] Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
Note:- My opinion was posted first in that topic, on Bitcointalk
- I leave the source link to avoid plagiarism accusation.
- I excluded/ included minor things from an original thread if necessary.
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Op you copy this thread from altcoinstalks forum without referencing the author over there and this is plagiarism. Copied work thread here The launch of a BTC Spot ETF has coincided with a significant rise in BTC price. Some believe the ETF is a major driver behind this surge, with BTC price even reaching a new ATH before the upcoming halving event - a phenomenon never seen before. Adding to the bullish sentiment, Michael Saylor's company, MicroStrategy, continues to aggressively accumulate BTC. They are even engaged in a kind of arms race with BlackRock to hold the most BTC [1, 2]. Saylor's unwavering commitment to BTC has earned him the reputation of being the most prominent "diamond hands" investor in the crypto world, surpassing even El Salvador's president, Nayib Bukele, in terms of fame. Michael Saylor has outlined the distinctions between investing in MSTR stock and a BTC Spot ETF [3]. While he emphasizes MSTR's advantages, the question remains: for investors, which is better - MSTR, whose value hinges heavily on its BTC holdings, or BTC itself?- In terms of profit: MicroStrategy's investment in BTC has been highly profitable. Since starting to buy BTC in August 2020, the company's stock (MSTR) has surged over 1220%. This is a significantly higher return than the roughly 500% gain in BTC price itself over the same period. This amplified gain is due to MicroStrategy's use of debt financing to buy more BTC. This strategy, called leverage, magnifies both profits and losses. While it has driven impressive returns so far, it also increases risk if the BTC price falls.
- In terms of credibility: some view MicroStrategy, a well-established company, as a more credible investment than BTC itself. They believe investors gain exposure not just to BTC but also to the experience of MicroStrategy's leadership [4]. However, Bitcoin's strength lies in its decentralized nature. Existing for over a decade, it operates independently of any individual, company, or government. This decentralization fosters trust for many investors, myself included, compared to a traditional public company.
While investing in MSTR could potentially offer higher returns, I prioritize self-custodying my BTC for greater control over my holdings. This means I rely on my own judgment, rather than trusting someone else's decisions, even a respected figure like Michael Saylor. Saylor has publicly stated MicroStrategy has no plans to sell its BTC [5]. However, I believe it's a question of when, not if, such a sale might occur due to unforeseen circumstances or a strategic shift by the company. I would like to know your views on investing in BTC and MSTR: - Do you choose to invest in BTC or MSTR? Why?
- Will MSTR continue to generate better returns than BTC?
- Is an investment in MSTR safer than an investment in BTC?
References:[1] BlackRock and MicroStrategy in Neck and Neck Race As Firms’ Bitcoin Holdings Soar to Over $29,170,000,000 in BTC[2] Public Companies that Own Bitcoin[3] MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs[4] Is MicroStrategy (MSTR) A Better Investment Than Bitcoin? Experts Debate[5] Michael Saylor Suggests MicroStrategy Will Never Sell Its BitcoinAnd original work or thread BTC Spot ETF is having a huge impact on BTC price, it is even said to be the reason why BTC has created a new ATH before Halving - something that has never happened in the past. Besides, Michael Saylor's MicroStrategy company is also extremely famous for its BTC accumulation strategy and is racing against BlackRock in terms of the amount of BTC held [1, 2]. We can say that Saylor is the most famous diamond hands in the global crypto community at this time, even more famous than the president of El Salvador, Nayib Bukele. Saylor has previously made clear the differences between investing in MicroStrategy's MSTR stock and a BTC Spot ETF, and of course Saylor points out the advantages of MSTR that a BTC Spot ETF cannot have [3]. We still have one more question: between MSTR, a stock with most of its value backed by the number of BTC held in reserve, and BTC itself, which is the better investment?- In terms of profit: Since MicroStrategy started investing in BTC in August 2020, MSTR has increased by more than 1220%, while BTC has only increased by about 500%. Thus, the data shows that investing in MSTR generates more profit than investing in BTC, because MicroStrategy allows investors to leverage their investment with debt, which allows MicroStrategy to amplify its gains from BTC's price appreciation.
- In terms of credibility: Some people believe that MicroStrategy is more credible than Bitcoin because MicroStrategy is a company with a proven track record. Therefore, investors in MicroStrategy are not just investing in BTC, they are also investing in the expertise and experience of MicroStrategy's management team [4]. I disagree with this view. The Bitcoin network is decentralized and has existed for more than a decade. It is not dependent on any individual, organization, or government. I trust the Bitcoin network more than a public company.
So, even though MSTR could generate higher returns, I will still continue to self-custody my BTC instead of investing in MicroStrategy's MSTR and then putting my faith in Michael Saylor's decisions. And even though Michael Saylor has asserted that MicroStrategy will never sell BTC [5], I think the question is only "when" and not "if". I would like to know your views on investing in BTC and MSTR: - Do you choose to invest in BTC or MSTR? Why?
- Will MSTR continue to generate better returns than BTC?
- Is an investment in MSTR safer than an investment in BTC?
References:[1] BlackRock and MicroStrategy in Neck and Neck Race As Firms’ Bitcoin Holdings Soar to Over $29,170,000,000 in BTC[2] Public Companies that Own Bitcoin[3] MicroStrategy Makes Its Case as Alternative to Spot Bitcoin ETFs[4] Is MicroStrategy (MSTR) A Better Investment Than Bitcoin? Experts Debate[5] Michael Saylor Suggests MicroStrategy Will Never Sell Its Bitcoin
Note:- My opinion was posted first in that topic, on Bitcointalk
- I leave the source link to avoid plagiarism accusation.
- I excluded/ included minor things from an original thread if necessary.
Op as you copied the sources of the information about the thread you would have copied the source of the thread as well. Where you copied the in thread. Because the author of the thread over there is KryptoBull in altcoinstalks and you username here is Vincom which is they are two different persons and not one. So you now caught with plagiarism because you didn't reference where the information is taken. Therefore I will like livesmayfamilis and others to come cross check the two threads. |
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I have created a thread https://bitcointalk.org/index.php?topic=5486601.msg63719575#msg63719575 which you can buy bitcoin in the All Time Buy and hodle it for the All Time High. Bitcoin has hit all time high but that is not the All Time High for the season and the All Time High in this season will be $100+k which will occur from September after the halving of April 2024. And the halving is just one week and half days left. Bitcoin price is still on the high side and we all know that there will be red flag in the halving so those retail investors should wait for the halving to come and invest by that time. Those who are investing for long term can invest now which I did for the altcoins like Solana and Ethereum. But if your are interested for the short term then you have to wait till the halving to come. |
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For weti dey happened in the country we need to prepare ourselves for the untold story that Nigeria government is planning against the centralized cryptocurrency exchanges. And make nobody keep any coin in my exchange except dex. So nai make I bring dis topic so dat we know di decentralized exchanges wey we go fit use it if in case anything happens to di centralized exchanges wey be sah we no go fit use am? There was a time Charles -Tim was mentioning some of them but we have not really used dem like dat and me now I don forget them so please if you know any of dem make you drop am so dat when di time come we go fit use and bypass dis nonsense Nigeria government dey do.
Nigeria and Binance matter still dey ground and Nigeria government dey plan to do crack down with others so make we too prepare ourselves for dat move so once dem start am we go use another means to buy and sell our coins without stress.
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Finally all of us will use decentralized exchanges and abandon all the Centralized Exchanges for the government and it agencies. I don't know why Nigeria government is doing all these nonsense. The presidential media aid was saying that what the Nigerian government is doing is the same thing with the American Government doing to cryptocurrencies exchanges. So with that Nigeria Government is not doing bad. From the way Nigeria Government is doing with centralized exchanges will discourage them to leave the country and even the once that would stay with have high charges and the sellers or the buyers could not buy it sell it again.
And finally the real peer to peer will be use and add it with decentralized exchanges.
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I am not predicting for your merit but give to the younger ones and your date of prediction is over and you can't drag us back to 2022 again and even 2923. And base on the market movement and presently the price of bitcoin is rating $62,800 therefore in own calculation the market is going down and and the said date is just two days to go so I will predict that it will be $60,687. I am doing this for fun and not for merit.
Bitcoin price has been a prediction for a long time and it happens in the speculation board and also in the games and round so this is not a new prediction for fun.
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Op nice work and the explanation nod bitcoin from the YouTube video is good for everyone and children can be using it or learning bitcoin since it is cartoon. And as for me I started noticing the concept and the Blockchain from 2015 in a seminar but as for then I hadn't heard anything about halving and even I heard of it I wouldn't know or understand anything. And until I came to the forum in 2021 and in 2022 I started hearing the edition of bitcoin halving and also the All Time High as well. And this coming halving will be the first one I will see and experience.
After the halving then we all will be expecting the All Time High.
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It is good idea to use bitcoin as the replica of the fiat currency to buy things and pay for services and and before that can achieve the country have to adopt it as the legal tender of the country but before we engage in this discussion can we first look at the out of El Salvador which have adopted bitcoin as a legal tender for two years back. If it works well there then it can use in another country as well although when more countries adopt it, it will be more effective than when only one country is using it. Our Economics are not even helping matters so if bitcoin can help us what we want then we are to use it but the government will not allow it citizens to accept bitcoin in their shops.
Dollar will not allow other countries economy to overtake it and IMF and World Bank will also not allow that to happen, if bitcoin take over the the world economy, many economic institutional workers will be jobless.
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We all see differently and we use it in one purpose. There are two ways we use bitcoin right now. Either we buy it or we sell it. And as for me, bitcoin means a lot to me. It is an opportunity to me and also freedom from poverty. Bitcoin came to the world to liberate many people from the poverty line. Therefore it becomes a freedom fighter to many houses. But the issue now is that one of the core reason dod creating bitcoin is not yet utilize which is the buying and selling of goods and services online which is also the peer to peer using of the online currency.
And bitcoin also make us free from the third party Banking system. Bitcoin is poverty elevator and that is how bitcoin is for me. And I don't know yours because everyone has their own way.
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What are those features?
Ordinals, Runes and anything that is decreasing the efficiency of the network while increasing fees. The purpose of the network is to provide a "peer-to-peer electronic cash" system. Anything that is not directly related to this mission should not be in the code. Well Ordinals are not features in the bitcoin network and but it is a subsidiary that is using the network. And I don't think there is any other features that has been added to the bitcoin network except that the main purpose of creating bitcoin has been forgotten by the users because of it investment benefits. The peer to peer of bitcoin is mainly for the buying of things and services online. And really foe the ordinals using the bitcoin network and making the transaction fee high is making things difficult and hard for people to freely use bitcoin and that now as we are talking that has paved the way for other altcoins to be more popular. As it is Ethereum and Solana networks are very much congested that one can't even buy coin from them again. Bitcoin ordinals should be eliminated from the network permanently if not what will happen in the future will be more than this. |
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It is because of the innovation that people are saying cryptocurrency is the future and not because of the population. Cryptocurrency has not changed much things in the present because they are some reason why cryptocurrency was created has not been achieved so once those reasons are achieved then the present and the future of Bitcoin has been achieved. Therefore cryptocurrency is for the future because there are many things to do with cryptocurrency in the future. And cryptocurrency is one of the innovation that will change the world economic system to good one.
When cryptocurrency is fully utilize then online stores will be more than offline stores but foe now we don't have much online cryptocurrency food items stores in fact in my location there is non.
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The using of bitcoin to pay for things you buy online and pay for services online was one of the main reasons of Satoshi Nakamoto of creating bitcoin but that aspect of using bitcoin has been forgotten and only the investment part does exist. But really if bitcoin is using to pay food items, clothes and other things online then fiat currencies will behave well and couple with the bitcoin investment then the world will be nice planet to enjoy life. It is only few countries accepting bitcoin for only shopping and even those countries, it is only few persons that shopping with it and not everyone.
And I think that is the last dream for all cryptocurrency enthusiast. In my location I have not seen anyone does that which they are accepting bitcoin or other cryptocurrencies for payment method. But time is coming that it will happen but not coming soon.
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It is an ongoing issue with the Ethereum network wherein the transaction fee is high. They developers have tried reducing the transaction fee but the demand of ETH increases the transaction fee. I doubt you would find any CEX or a DEX where you will pay less fee as it is the problem of the network. That is the reason the l 2 solution was created to avoid the congestion and high transaction fee.
There is a prospect of a massive Ethereum, bull run, coupled with the anticipation of getting their ETF approval, so Ethereum is a "hot cake" as it is now, and that is why more investors are buying it, so it's no wonder that their network is congested. I guess that the high fees will still linger for a longer time, until investors gets there fill, and this is still a good time to invest in Ethereum, but this current high fees will discourage some investors to go ahead. I hope that their developers will find a speedy solution to their high gas fees, because it's the reason why people are preferring Solana, network. Exactly the high transaction fee is discouraging people to invest in the coin and if not this is the best time to invest in the coin and now that the cryptocurrency market is falling down again if I would have known I wouldn't invest with this high cost of transaction. And the way I see the cryptocurrency world, almost all the to 5 coins are high for the transaction. And another thing again centralized exchanges would have been the best place to buy and send to the private non custodial wallet but because of the transaction fee when you buy it from the exchange you keep it there and it is not good to keep those coin in the exchange because anything can happen, just like what happened to Binance in Nigeria. So to avoid all that, it is better for the non custodial wallet. Though people are saying that we can use another networks to make the transaction but I h abe tried but no way. |
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Op I understand you and the exchanges probably closed their services because of obnoxious policies but even at that you can use decentralized exchanges instead of depending on centralized exchanges to sell your coins. And if $1000 minuses $1 then it becomes arbitrary trade therefore everyone benefits from the transaction. But the best place to sell bitcoin in that situation is using DEX. But if you are not in hurry bro sell then hodle. And buy more and keep it in your non custodial wallet.
But as you said it for survival then you sell some and keep the rest.
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Centralized exchanges are the best and cheapest place to buy ETH right now. The transaction fees can be anywhere between 11$ and 15$. Gas fees seem pretty high due to the rally in ETH price and network congestion. If you wanted to swap ETH for any dex it would cost more than that. If you are thinking about holding ETH for a long term, then ethereum layer 2 blockchain can be the best solution for any regular DeFi application user. They are cheaper than solana ecosystem gas price as well.
Yes that what I am planning to to because even when I buy the Ethereum from the exchange the gas fee was cheaper than the Myetherwallet MEW transaction fee and the exchange vendor paid more fast than the moonpay app vendors. There was a time I was even thinking they have scammed me because it has passed the normal hours they recommended for me. But later the coins were deposited to the wallet. But one of my concern was I sent the one I bought from the exchange to the Myetherwallet MEW address but the coins bounced back to the exchange wallet but the transaction fee was cutting and didn't return as the main coins. Only web3 layer2 in Ethereum is the best one now to use. |
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I saw the https://worldcoin.org/ project on social media and I checked the project to know the value of it and when I checked, the coin was launched since 2019 and it has lived 6 years and the current price of the coin $0.007798 and the source is CoinMarketCap. But my question is will the aim of this coin which is to eliminate inflation from the world and helps humanity will be achieved? People are saying that the coin. Is growing but as for me the coin is not growing because I have seen coins that created for three years and they are doing well I'm the cryptocurrency community and this coin has spent 6 good years in the ecosystem and still like this. |
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Is there any platform I can buy Ethereum that I won't pay for high transaction fee like moonpay and Binance, OKX and bitget exchanges?
No there is no way you can buy Ethereum at the moment and avoid the high transaction fee except you want to take the risk of leaving it on the exchange. But if you wish to transfer it to your personal wallet you will need to pay high fees which comes as a result of the congestion on the Ethereum network. The fee at $7 is even lower when compared to last week that it was above $20. If it is not much of a high fund I will advise you leave it off for the moment. You can make use of other layer 2 blockchains like Solana, Arbitrium and polygon for other payment transactions. Jesus Christ of Nigeria, I don't know I would have left it for now and I have wasted or lost more than $10+ dollar today well all are part of the experience in the cryptocurrency ecosystem world. I was thinking that is it is their normal price for the coin and since because of the congestion that the fee was a high then it will be good for me to wait for the fee to come down because continue the investment. For now I will be saving the funds in a safe place so I won't spend them. But which of the network do you think is good to buy now because Solana network is also congested. |
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