Bitcoin Forum
June 24, 2024, 12:29:14 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 [46] 47 48 49 50 51 52 53 54 »
901  Economy / Economics / Re: Economic and finances start young Age Stablecoins on: September 09, 2023, 09:42:50 PM

So young people need to be teached how to use USDT USDC and other Stablecoins it's our duty to teach them so faster they adopt the faster all move into Full crypto economy
Why not also teach them about decentralized bitcoin instead of only stable coins? If we want to teach our young generation we must explain the value of having financial independence, which can only be attained with bitcoin rather than a stable coin that is centralized and subject to manipulation.

Stable coins are fine in my opinion, but we need to teach our young generation the fundamentals of bitcoin and the blockchain before going on to explain the impact of centralization and the importance of decentralization in the cryptocurrency industry so that they can comprehend the motivation behind the invention of bitcoin.
902  Bitcoin / Bitcoin Discussion / Re: My Preparations for BTC Halving and bull market on: September 08, 2023, 06:19:33 PM
So in order to have maximum benefits in the bull market, you should have a plan and start executing it unless it is too late.
Is it too late to buy?In my opinion, the price of bitcoin is now ok to buy, as the price is still below $30,000.Some of us are still accumulating some amount of bitcoin because we don’t have the opportunity to buy it all at once. I use some of my monthly salary income to buy the little I can and keep buying until I am satisfied, but for now I am still buying and hoping the price will go down a bit before the halving.
903  Other / Beginners & Help / Re: Understanding Crypto wallet and traditional wallets for beginners on: September 08, 2023, 05:14:22 PM
A WALLET in the traditional sense implies physical cash in the wallet or credit cards in the wallet. In crypto, we should avoid using the word wallet because it implies physical cash or credit cards.

Since our cryptocurrencies and digital assets are not physically inside of our wallets, they are on the blockchain, which is a running ledger of transactions distributed worldwide. A cryptocurrency wallet is more accurately the key to accessing our funds.

As a result, our crypto is basically assigned to our Crypto wallet's private key, which allows us to access the crypto and manage it, as well as send and receive crypto, stake it, and interact with smart contracts via our wallet.
The word wallet signifies a safe that can accommodate anything money or coin you want to save, and its purpose determines its name. That is why wallets that are used to store bitcoin are referred to as bitcoin wallets, while other cryptocurrency wallets are also referred to as cryptocurrency wallets.

Private keys and other security measures were made to safeguard the wallets, as it is not a physical wallet; therefore, these keys and other security measures are made to protect your bitcoin in the wallet.
904  Other / Beginners & Help / Re: My decision on bitcoin on: September 08, 2023, 02:21:01 PM
I recently created a post asking if I should buy bitcoin now or wait for the dip, and majority of the response I got from the post, advised that I should buy now rather than waiting for the dip due to its volatile nature, and I'm satisfied with this response and I'm willing to bear the risk.
It will be good if you invest now as the price is still reasonable and there is a chance of becoming profitable during the bull run since there is a possibility of having another all-time high price of bitcoin.

Quote
Reason for all these questioning, I have a dream of becoming a long term bitcoin holder but, dreams aren't achieved with words alone, an action is needed for the start up, so I have decided to sell one of my less used phone for the purpose of buying bitcoin.
I'm really eager to purchase my first bitcoin in satoshi.
That is a good idea if the phone is of less use, but I hope the decision will not be regretted. If you have a stable source of income, the dollar cost averaging method of investment will be better than buying once to prevent the risk of investing all you have at once so that you will not panic and sell when you are in serious need of money.
905  Economy / Services / Re: [CFNP] Nitrobetting.eu Signature Campaign | Full Member and Sr Member only on: September 08, 2023, 07:06:18 AM
Code:
Abu-Naim

Welcome. Please wear the signature, avatar, and personal text. PM me your post count.
Check the spreadsheet and double-check the Bitcoin address.
Thank you for the opportunity, signature updated.
906  Other / Beginners & Help / Re: Calm the pressure on: September 07, 2023, 09:57:30 PM
It's not always too late to invest in bitcoins, if you have ever miss any Bitcoin bull run or you have heard about the bitcoins bull run and you are excited to take actions, my simple advice is, calm the pressure. This advice is driven from the view point of the economy struggles of many, avoid over thinking , work hard to earn money and diversify your investment. Most persons in the crypto space are dying in the inside because they do not have money to invest due to their present circumstance. If you do not have money to invest now, please ease the pressure, you may have more than enough to invest in the future. Calm the pressure my dear friends, don't borrow money, I repeat, don't borrow money to invest on Cryptocurrency, because it is a volatile asset. Life is about risk which you have heard  countless times but it will be unwise to take loan to buy bitcoins.

Some of our beginners in cryptocurrency who just heard about the bull run will be thinking that this is only the opportunity for them to invest before the bull run and no opportunity will come their way again. That is why they want to be involved in bitcoin investment before this expected bull run of 2024.They should know that there is still time for investment even if they can't make it to buy their bitcoin now. They should not get involved in any form of criminal act just to get money to invest in bitcoin or borrow money for the investment.
907  Local / Nigeria (Naija) / Re: make we keep the energy up on: September 07, 2023, 09:34:05 PM
Note: make all post be in line with wetin that thread dey talk make e no be like say we spam the thread.
Click here to see the topic
This you thread they very important for us as a reminder for Theymos and other forum members to know say we de active and we need the merit sources our senior colleges applied for.

If you check the forum generally, Naija guys they contribute very well to growth and development of the forum because we are dominating some certain percentage of active users in the forum, with all these, and the statistics you provided we have a good reason to get local board.

We go drop our support in the thread and hope it is useful.
908  Other / Beginners & Help / Re: Unfortunately, this problem is increasing yearly on: September 07, 2023, 07:52:05 PM
Sim swapping is more easier for them, because, remember, if we lost SIM card or it get damaged we can easily retrieve by their help, they will redirect your number into another new SIM card, and you are back online, This makes telecommunications dangerous when it comes to crypto.
Sim swap has a different procedure, which includes requesting the sim user’s personal information, including their NIN number and some personal information. I don’t think there will be a problem if you redirect your personal information to another sim in the name of Sim Swap.

Quote
Let's stop deceiving ourselves, there is no solution to this attack than
1. Separate your crypto away from your SIM card number.
2. Stop using your phone number to get verification codes for crypto exchanges and other crypto-related platforms.
3. Stop storing crypto on exchanges, e.g coinbase, crypto.com and Binance exchange.
These recommendations are excellent and will provide us with the utmost level of protection we require, as holding bitcoin in exchanges is not recommended because only exchanges will request such personal information.

Electrum and other open-source wallets do not require phone numbers in order to access or keep your bitcoin.
909  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: September 06, 2023, 08:49:52 PM
We have long list of seasoned teams which can go through into next round because these are giants in UEFA and their available sources and quality is also at the top which give them good edge for having better chances for going into next round with I have my personal list which teams are going to be had highly chances for the next round are here Barcelona, Porto, Manchester City, RB Leipzig, PSG, AC Milan, Atlético Madrid, Benfica, Inter Milan, PSV, Arsenal and Bayern Munich I am quite sure these will be in with no upsets are going to happen to them but few other teams which are good but with their current form we can expect anything from them.
Most of these teams you mentioned are capable of qualifying to the next round after group stage, but don’t you think PSG and AC Milan needs considerations?
This is due to the teams that made up the group. I realize that these two teams are the most experienced teams in the group, but Dortmund is also among the teams with Champions League experience, and they can qualify alongside Newcastle United even though they don't have any. Their current team can still make an impact in the group.
910  Economy / Services / Re: [OPEN] Nitrobetting.eu Signature Campaign | Full Member and Sr Member only on: September 06, 2023, 06:34:40 PM
Merit earned in the last 120 days- 113
BTC address (Segwit)- bc1qttnnurgj2ew9rvr3k4wyfnlaaekdqgxez4tsvk
911  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: September 06, 2023, 05:15:54 PM

Well, this is the champions league and there are no guarantees; there will be upsets and lots of it too! just like Barcelona dropping to europa league last season. In addition; the Arsenal group is also difficult, very difficult as all four teams are underdogs in the group. The Manchester United group with Bayern is also a top tier group; no guarantees at all, all clubs have to earn their rights to the next stages.
Despite the upsets, there are teams that have high chance of qualifying in their group because they are good and can beat all the other teams in the group.
Teams like Manchester City, Real Madrid, Barcelona, Bayern Munich, Arsenal, Napoli and lots more have the high chance of qualifying to the round of 16 in the Champions League.
912  Economy / Gambling discussion / Re: Italian League Prediction Thread (Serie A) on: September 06, 2023, 05:06:16 PM
Genoa CFC - SSC Napoli 2023-09-16 20:45
I think SSC Napoli win the game because Genoa CFC fails to make scoring opportunities and Garcia is making a difference in our teams performance and their drive to victory: Victor seems in very good shape.

My opinion: Napoli is angry for lost game with Lazio and want to win for stay near the top

Due to their strong start to the season, Napoli was predicted to defeat Lazio in their last match. However, Lazio surprised everyone by playing well and was fortunate to earn their first three points of the campaign against Napoli after losing their first two games against Lecce and Genoa. The defending champion Napoli suffered a shocking loss, but I am now confident that they will take advantage of any further opportunities to defeat Genoa because, according to statistics, they have won four of the previous five meetings between the two teams.
913  Other / Beginners & Help / Re: Bitcoin and get rich quick syndrome on: September 06, 2023, 12:21:28 PM
Today I know better that the perception is wrong, because people can actually loose their hard earned money in bitcoin, leaving them worse off than when they started it. The volatile nature of bitcoin makes it to be quite unpredictable, people who want to trade bitcoin must diligently study about it, know the technicalities and terminologies of it, before venturing into it. Even at that you can not accurately predict  the outcome whether the price will pump or dump.

The only people that lose money investing in bitcoin are those who believe in generating quick money. You cannot lose money in bitcoin if you have the patience to keep onto your bitcoins in whatever market condition since, even after a long period of time, 1 BTC remains 1 BTC. However, some individuals do think they can profit quickly from Bitcoin trading and end up plunging in without sufficient understanding. These people do experience financial losses and ultimately accuse Bitcoin of doing so.


Quote
Unlike fiat which the amount in your bank account remains what it is, bitcoin in your wallet will constantly fluctuate, meaning that there is chances that you can gain or lose your bitcoin. This confirms that the chances of getting rich can also make you poor.
The value of bitcoin fluctuates and not the amount of bitcoin you hold, the fluctuations happen due to market conditions but it will never affect the quality or amount of BTC you hold.

On the other hand, Fiat do lose value due to inflation, you can still have the same amount you keep in the bank but will lack value due to inflation, but Bitcoin will gain value.
914  Economy / Economics / Re: To afford personal education or a property? Where to allocate funds? on: September 06, 2023, 07:44:13 AM
What is the best investment, in your opinion? To use this money to pay for your education, so you can conclude a superior course and achieve a higher degree, having access to a wide jobs' market, or to use that money to acquire an apartment, house or piece of land, so you can make a passive income from this?

This opinion will depend on where you are leaving, what the possibilities and values of educational people or educational qualifications are, and how easy or how guaranteed it is to get work after obtaining a higher degree.

Some countries have a high rate of unemployed graduates, and new graduates are emerging annually. If I stay in such countries, I will prefer getting an apartment or business that will sustain me, bring food to my table, and make me an independent person rather than waiting for governments that are not ready to give me work with my degree.

Quote
It brings the following question up: what is more valued in life: to be or to have? Does it make someone fulfilled to have while not being or being without having anything?

These sentences can be interpreted in different ways, but compared to the above topic, having an apartment or a working business is better than being a degree holder.
915  Economy / Services / Re: [OPEN] COINS.GAME | Most Rewarding Crypto Casino | Signature Campaign Up to $100 on: September 05, 2023, 06:13:27 PM
Merit earned in the last 120 days- 113
BTC address (Segwit)- bc1qttnnurgj2ew9rvr3k4wyfnlaaekdqgxez4tsvk
916  Other / Beginners & Help / Re: [Merit] Help posts in local boards that did not receive enough merits on: September 05, 2023, 10:57:08 AM
Naija Local board.

1. https://bitcointalk.org/index.php?topic=5465266.msg62778023#msg62778023

2. https://bitcointalk.org/index.php?topic=5454203.msg62311022#msg62311022

3. https://bitcointalk.org/index.php?topic=5454203.msg62311117#msg62311117

4. https://bitcointalk.org/index.php?topic=5465004.msg62768888#msg62768888

5. https://bitcointalk.org/index.php?topic=5465623.msg62794259#msg62794259

6. https://bitcointalk.org/index.php?topic=5463825.msg62723475#msg62723475

7. https://bitcointalk.org/index.php?topic=5462934.0

8. https://bitcointalk.org/index.php?topic=5463325.msg62705903#msg62705903

9. https://bitcointalk.org/index.php?topic=5465583.msg62792820#msg62792820

10. https://bitcointalk.org/index.php?topic=5464885.msg62766107#msg62766107
917  Other / Beginners & Help / Re: What are the procedures to follow when I want to invest? on: September 05, 2023, 10:16:37 AM
You know, platforms like XGo have this multi-currency wallet thing going on. It lets you easily buy or sell crypto for regular money. The best part? It's super safe, and you can use just one XGoID for all your transactions. Talk about convenience!
How secure is the XGo platform that you're promoting? And how much did you get paid to promote them here in order to recruit victims who they will almost certainly scam?

What was XGo's reputation in the crypto sector that prompted you to endorse them? I see you started a discussion about them in this forum. Please, while I understand you are free to promote whatever you want, make sure you do not promote any platform that would defraud people.
918  Other / Beginners & Help / Re: Bitcoin, the only thing that stands on its lane. on: September 05, 2023, 10:01:04 AM

Bitcoin protects it's investors, there is never a hack on bitcoin blockchain, but because many projects are ready to deceive the masses in the name of DeFI and Decentralization that's why some people believe them.

We all want decentralization on crypto space to be more than just Bitcoin only, but the truth is I believe there won't be another.

Some people lack adequate perspectives regarding the distinction between decentralization and centralization, which leads them to believe other projects that claim to be decentralized. How can a new project produced by a multi-person team be decentralized? It is not possible since we have a conflict of interest that could lead to problems within the team.

What exactly is the distinction between exchanges that require KYC and those that enable trading without it?
Do they become decentralized just by not requiring KYC?
Is it wise to invest our money in them?
919  Other / Beginners & Help / Re: Is Bitcoin really risky as they say? on: September 04, 2023, 10:56:48 AM

Bitcoin is only risky when your patience is low, your mentality is bad, you think new If you don't try to do something, if you listen to bad people, if you don't go to war, if you express your opinion about war, etc., then you have to obey.
Bitcoin is less risky compared to other coins out there on crypto exchanges, but it is also very risky if you approach bitcoin investment without gaining knowledge about it before you start.

Most of the risk associated with bitcoin is related to a lack of knowledge, which results in the risks involved, which involve losing everything with a single mistake due to a lack of knowledge or understanding on how to handle your bitcoin in your wallet or the risk of leaving your bitcoin in centralized exchanges to control it for you, which you can lose if the exchange gets hacked.
920  Other / Beginners & Help / Re: Scammers won't mind kicking those who are already down on: September 04, 2023, 10:43:20 AM
But this is me, if this landed on the old victim's email addresses they may fall victim all over again, Let this be a warning for those who are not aware of such scamming tricks, always abstain from clicking links through email, always check senders address when you get emails from crypto exchanges.

Stay Safe out there!

Victims of the FTX exchange scam have learnt a lot in the crypto sector; they have realized how risky it is to rely on centralized exchanges, and I have confidence they will not fall victim to this type of spam again. Although some of them may believe that now is the moment to retrieve their assets back, they may fall victim to this phishing mail campaign and lose money again.

The lesson here is that I should always avoid phishing messages via email and phishing URLs because this is a classic example of phishing because you have never utilized FTX Exchange before and are receiving the letter.
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 [46] 47 48 49 50 51 52 53 54 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!