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981  Local / Nigeria (Naija) / Re: [Edu]How to calculate profit return on BTC on: February 27, 2024, 09:10:38 PM
In mathematics everyone calculate the sum from different angle and arrive at the same result and that is what is happening here like this. And from the overviews of all the comments so far though the comments re few. Charles -Tim calculation is the best. And to the op to calculate this or your profit in the bitcoin investment is one of the simplest mathematics. This is simple interest.
As Charles -Tim dis his.
Buy + Sell = Profit.
1000÷58000x120,000=2,068.965.
982  Local / Nigeria (Naija) / Re: Don't relax using the exchange on: February 27, 2024, 08:46:07 PM
Opay you are correct. When the government can't do anything to stop the devaluation of the naira which was caused by their own obnoxious policies they will look for someone to blame and Binance which is an innocent exchange platform in the country was blamed on someone which they don't know about. And the accusation was not only on cryptocurrency exchanges but also extended to Black Market Currency Exchangers like Aboki Dollar Changers were also accused and chased out from their residence of operations and some of them were even arrested.

The government know why the naira was devalued and they know those who are involved but they are trying to blame others and that is the government in capitalist interest. President Tinubu call all the business owners in the country and such as Dangote and others because of the Economic hardship yet nothing come out from the meeting. We k ow those who are making things difficult for the common man to buy. They can only blame exchanges but the truth will come out one day.
983  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it good or bad idea saving every penny on crypto stable coins on: February 27, 2024, 08:25:16 PM
If you are looking for profit then you can invest in stable coins but it is not advisable and as you said, yes when you save money in the bank it doesn't increase in any value and it is stagnant but according to people if you are using current account and you have enough money like $6,000 and above, your savings use to increase every month so with that you can make profit. But comparing Fiat bank with stable coins, I will take fiat bank because it is more saver than stable coins.

For bank it is guaranteed that you money is save but in stable coins, " Not your key Not your coins" slogan is always there for you.
984  Local / Nigeria (Naija) / Re: Nigeria board sprint on: February 27, 2024, 06:23:22 PM
Mate, I knew when you joined the local board newly. For you not to mention my name here is an error or you used to forget easily. I was the first person that started merit reward for the highest posters in the local board to encourage engagement. I think you used to come 3rd, until Agbe appear and earned big number of merits and started supporting the merit reward and eventually became more active. He was always the first when CryptopreneurBrainboss took over the local board merit award.
Hey!! My boss sorry, you know shey the brain no be computer, abeg no vex. Has you come talk am nai I dey remember shey na you start di merit orientation wey everyone come dey active for her before Agbe come join you then Brainboss come finalize everything for us. And You were part of the initiative members who made the local board more active in the forum, I still recognize your present and making the local board more recognize in the forum. Sorry for missing your name and any other person wey support di board to dis level. Igebotz di statistics analyst, davidvictorson, Wiwo one time winner of the award for almost three months. And others
985  Alternate cryptocurrencies / Altcoin Discussion / Re: Is it wasting your time if you take extra precautions while using monero? on: February 27, 2024, 03:21:01 PM
Being yourself in the society is the best approach towards one another so if anyone is being private, it is not a wast even in the cryptocurrency ecosystem space. Monero is just like bitcoin and the networks look alike because they all operate decentralized system. How can Monero Mixers are scam. The mixing company might be scam but not the coin. And we have seen this in most of the companies even in bitcoin so it is not a new thing.

And because one of the company that mixing Monero scammed you or someone doesn't mean all the companies that are mixing Monero are scammers. That your inductive reasoning is not right.
986  Alternate cryptocurrencies / Altcoin Discussion / Re: If you were Satoshi Nakamoto, what would you do? on: February 27, 2024, 02:52:55 PM
No I will not appear and the anonymous nature of Satoshi Nakamoto is making bitcoin very strong therefore I will not dare to come out. I will not sell my 1M BTC to USD instead I will use it to buy things as bitcoin. The way bitcoin is, is okay so there is no need for any upgrading. Let it be like this. Yes I will go and see how they are doing and using BTC in the country of El Salvador and revive the economy with BTC and any other country that have accepted BTC like Central Africa Republic. If my identity has not been known then it is better to stay anonymous. Yes I will show the the secret but remember I didn't invent bitcoin alone.

There are many claims of people that they are Satoshi Nakamoto but all are false. As you said, they have to sign a message here in the forum and move coins from the Genesis Block.
987  Economy / Scam Accusations / Re: Solidus Ai Tech Scammed me. Beware everyone! on: February 27, 2024, 02:21:36 PM
I m not a bounty hunter but I was told that bounty hunters in sometime got this kind of disappointment and it is very bad for the bounty manager. Op does the manager of the bounty campaign is in this forum? If he is here then provide his profile and if it is not here then it will be hard to clap him down for you guys. And next time you guys should not participate in any bounty campaign which the manager is not in this forum because it will be hard to resolve those cases.

Most of those projects are from scammers den and they were using it to accumulate funds from other and not willing to pay others but collecting from others. If you know the manager profile then drop it here.
988  Alternate cryptocurrencies / Altcoin Discussion / Re: Previous ATH achieve before bull? on: February 27, 2024, 01:22:14 PM
Op you can check this https://bitcointalk.org/index.php?topic=5486708.msg63723222#msg63723222 to see if really this is BullRun or still in the introduction to the BullRun. Yesterday the way bitcoin bump was marvelous to many and today again it is still increasing. And to cut the long story short we are in the BullRun and we no going to the halving and we all know that after the halving then we will enter the ATH then after the ATH, we will enter into another strong dip again and those who are wise will buy bitcoin again and hodle it for the next bull market.

After the previous ATH then bitcoin or the cryptocurrency market will be another All Time High again and not a bull market. Because the previous All Time High was $69k and once the price of bitcoin surpassed the $69k then it is another All Time High and not a bull market. It is when the price is close to the previous All Time High then it becomes the BullRun. Therefore we are now in the BullRun.
989  Alternate cryptocurrencies / Altcoin Discussion / Re: Cash (Paper Money) vs Monero on: February 26, 2024, 11:51:26 PM
What do you prefer for making untraceable transactions? Cash (paper money) or Monero? Based on your selection, why do you think it's best for said purpose? If paper money goes out of circulation, would you use XMR? Or something else?

Your input would be greatly appreciated. Thanks. Grin
@Abiky in this your campaign I see your post more than any y person in fact I don't know any other person except you. Thanks for your effort. And as for the topic I will choose Monero because it is a decentralized system and nobody can trace anyone transaction to anyone but the transaction can be trace to the recipient address but not to someone. If paper money is out of the exchange market then digital money would take over and I gladly use another exchange and not XMR.

The inflation is high because the paper currency is controlled by authorities and wealthy men. But where by nobody control money again then things will be alright for everyone to enjoy.
990  Local / Politics and society (Naija) / Re: FG benefiting from dollar rise against naira, Ndume alleges on: February 26, 2024, 11:28:52 PM
The Chief Whip of the Senate, Senator Ali Ndume said the federal government are gaining from the inflation in the country:

Ndume said rather than losing out from the naira depreciation against the dollar, the Federal Government is gaining more revenue to fund its 2024 budget.

They think we do not know?

Another is the salary they are paying there workers. The minimum wage was ₦30000 when dollar was at ₦365 when people were complaining of high cost of living, not knowing what is still coming. Today dollar is ₦1486 to a dollar, using the same CBN rate but minimum wage stayed at ₦30000.

NLC that said at least minimum wage should be increased are correct. Dollar is increasing, government are gaining more from crude oil but not increasing workers salary.

In the last 7 months, petrol import reduced by 1 billion litres: https://punchng.com/petrol-import-reduced-by-1billion-litres-in-seven-months-report/?amp

Yet, dollar continue to increase.
What Ali said is not far from the truth. And that is why Tinubu can't do anything to douse the situation on ground. I was even hearing that he called the business owners in the country to discuss the way forward of the country economy and after the discussion nothing come and yet he is threatening NLC that if they protest and anything happens they should be the responsible. And foe that NLC is also afraid to come out.

I think ASUU president said if the cost of living is still high then they would go for strike and the FG should increase the minimum wage to 1 million naira.
991  Bitcoin / Bitcoin Discussion / Re: Btc and people knowledge on: February 26, 2024, 11:02:23 PM
In life everyone started from the unknown to the known. And most of us here started like that. We started from the unknown to the known. And that is why when you read the most of the people here their first knowledge or experience in bitcoin you would discover that the knowledge of bitcoin was not found in them but it was when they came here the knowledge was given. Well bitcoin is a digital currency which is meant to buy goods and services online but that part of it is not effective as the investment part in this day.
992  Economy / Speculation / Re: Can we see BTC at ATH before the year ends? on: February 26, 2024, 10:53:10 PM
I've watched BTC go from 23k to 52800 currently and with reports stating BTC outflows from exchanges rising to 8months HIGH, do you think BTC will hit ATH this year?
https://coinmarketcap.com/community/articles/65db377c13c6094f48999ba4/
This are the confused set of people because of different experts prediction. If you follow the trend from the beginning then you will know when the halving will start and when the All Time High will also come but you believe in the online influencers prediction more than your personal research. Like as I said in my thread today, the bull market is currently on going but it is not yet the All Time High and the bull market will start from the month of April and the All Time High will be on the peak in the year 2025 but in the month of November and December everyone will see the all time high both those who start the investment from the year 2021 when bitcoin hit $69k.

And next the All Time High ATH [ATH] will display for all to experience. You can read this https://bitcointalk.org/index.php?topic=5486708.0 for more information about the BullRun and the All Time High (ATH)
993  Economy / Speculation / Re: Bitcoin Bull has Started But Not Yet ATH. on: February 26, 2024, 10:38:32 PM
~
Lolz! See advertisement here oh. Guy if you want to advertise your token, there is a board for that and it is here in the Altcoins Alternate cryptocurrencies>Altcoin Discussion]https://bitcointalk.org/index.php?board=67.0]Alternate cryptocurrencies>Altcoin Discussion, Even now you can go there and create a thread for it and people will make comments there. Now with this your comment the real discussion would be diverted. And any cryptocurrency project that asking people to connect their wallet is a scam. Because if it is not a scam then there is no need for you to ask them to connect their wallet to your website.

And I believe nobody will fall for your trap.
994  Bitcoin / Bitcoin Discussion / Re: My rewards for hodling despites the challenges. on: February 26, 2024, 08:58:28 PM
Op you take a risk of keeping your coins in Binance for all this while. It is not advisable for you to keep a such amount of money in the centralized exchange platform. And you canceled a marriage to hodle bitcoin. Op Frankly speaking your story is not clear for me because marriage issue that I know very well, when you have informed people that you're doing marriage in a particular time and date and you canceled it for bitcoin. Well that was your decision which you took and even the display images, shows that you were not hodling but to sell or someone transaction image which you have used for merit hunting. But there is no scientific proven yet. Because the time frame is very short for you to accumulate such big amount. The time of creating the marriage cancellation thread and the time of this thread is too short for and investor to make big profit because as of that time bitcoin was above $50+k and bitcoin is $54k. Now another question we have to asked is how much did you used for the investment?

If you are still hodling the coins for the All Time High then I advise you to move your coins to non custodial wallet which is more saver. Like as you keep this coins there and the government was trying to stop Binance operating in the country and you would have lost everything in that process. So to be in the saver side of the coin, you need to move them out to non custodial wallet. Congratulations for the amount.
995  Local / Nigeria (Naija) / Re: The Advantages of Bitcoin [A decentralized digital currency] on: February 26, 2024, 08:28:42 PM
All what you have said is true apart from the transparency. To me I see transparency as not an advantage rather a disadvantage. Because it makes Bitcoin transaction not private and secured. Most transaction people do are traced down to the recipient wallet through blockchain. and such wallet can be monitored. I think this aspect of transparency should have been like banking system where  no body can use your account number to check who sent you money. But cryptocurrency is a reverse case. Just like example in this forum many people had problem because of their wallet address which was traced down to the bottom. So it possesses the character of risk. although it has advantages in some side and also disadvantages. But I feel the disadvantage is more than advantage.
Transparency is one of the good advantage in bitcoin transaction and it acan also be use as disadvantage. Bitcoin is a decentralized digital currency which nobody can control it and you can only see the transaction history of the address from your end and it is not like the fiat account that it is only the bank can track transaction for you but in cryptocurrency everyone can track your transaction once they use your wallet public address in mempool then they will see all the transactions you have done, so that is a transparency and advantage to bitcoin transaction.
996  Economy / Speculation / Bitcoin Bull has Started But Not Yet ATH. on: February 26, 2024, 05:38:24 PM
Many people are still wondering if what is happening to bitcoin (the rising of bitcoin price) is the bull market or run because their thinking is that the bull market will start after the halving in the month of April. And yes the bull market has started now but the All Time High will come after the halving. And as it is now, those who join and invest when bitcoin was $16,000 in the year 2022 are now on their peak in the investment. They have nothing to loss and once the price hit All Time High of $100k then their profit will be huge. And for those who were confused about the bull run and the All Time High. The Bull run is also known as bull market but the bull is not the All Time High (ATH).

The BullRun is the journey to the All Time High. Like now we are on the BullRun. You can invest in the BullRun and still make profit in the All Time High. So if you have spare money in your pockets, purses and trousers pockets use it to invest now that we are on the bull. And for those who want to experience the Bull Market in bitcoin. Now you are in but most of you don't know. Because of the different predictions of the market, many investors mostly the newcomers will miss the time.
997  Local / Nigeria (Naija) / Re: Why you might miss out on the bull run while holding on: February 26, 2024, 05:04:47 PM
Another thing to know is that when the bull time comes, most of them e no even know shey na di bull market and talk less of the All Time High, and dis matter no be shey only newbies oh but also old members. Because as it some people are asking if we have enter the bull market because bitcoin is rising every day. And that is to say that they don't know the bull time and the same thing they might not know when all time high would come. And some investors think that because bitcoin is rising and some of the altcoins or the shitcoins and are making wave and to buy them and invest in them na small Money so they would like to be invest in dem well and as the Op said, you go wait tired, dem no go rise well for you go sell and at the end dem go drop down and all ur money go just wast.

Shitcoins are even too plenty in the industry now. Be like shey everyone wants to create coin and most of those coins are from scammers dens and once di coin rise bump di next thing you hear say di project e don collapsed and everything e don go. And e don turn to Ponzi Scheme be dat. So investing in altcoins should be 2% and for di popular ones then the remaining 98% should be for bitcoin. And when you invest in bitcoin don't panic again just calm down and don't monitor the price but wait for di bull and all time high.
998  Local / Nigeria (Naija) / Re: Nigeria board sprint on: February 26, 2024, 04:38:59 PM
It has been like this for some months, I have been seen it in [CHARTS] Brief monthly overview of the local boards activity and the only problem Nigeria is facing now na the Merit Sources and di Moderators if this things are given then, Nigeria will do well more than like this. Di first time when I see Nigeria local board took section, I was also surprised. Nigerians dey try for di cryptocurrency ecosystem space in di forum, according to a popular saying in di country as pidgin English, "Warri no dey carry last" the same as Nigeria does not carry last. We are still waiting for or humble applications for merit sources and the moderators.

The most active members as of then were Charles-Tim, Agbe, CryptopreneurBrainboss and others follow but a time those guys posting in the local board reduce but there are still active members. And I thank them for the continually active in the local board. Bitmover we appreciate your recognition in the forum.
999  Economy / Scam Accusations / Re: BC.GAME SCAM on SPORTS BETTING $1000 on: February 26, 2024, 12:55:10 PM
EDIT 26/02/2024 - My claim is resolved - BC.Game refunded the bet.


Op since your issue has been resolved then you have to lock this thread. I know that there was misunderstanding between BC.Game and you and we it is good you guys settled the issue amicably. And next time you should make a thorough investigation before having issue with customers. And as BitcoinGirl.Club said, now the op is on the losing side because you only return his capital which was used to stake the game. Well the op is also happy because there was no loser in the game. And this type is things is not good because now the Op is even afraid to use your service because he would be thinking what will happen if he continues again.

Op as I said, you can close this thread to avoid further discussion but if you which to continue no problem but remember your issue has been resolved.
1000  Alternate cryptocurrencies / Altcoin Discussion / Re: What is the reason behind surge in price of verge ? on: February 26, 2024, 12:13:17 PM
You people should be careful with these numerous altcoins that flooding the ecosystem day and night. Look at the current price of Verge $0.007109. it is still far from reaching $1 but if you are interested then nobody can stop you because it is you interest. 60% increase in 24hrs, how possible is that. I have not seen or hear from any altcoins even the king of cryptocurrencies have not pumped to 60% 24hrs as AVE5 said. I have not seen as well. My major investment is on bitcoin so I don't know all those altcoins movement in the market. Even Eloncoin I am investing on, I don't check the market price everytime but just once a while.

Most of the altcoins are shitcoins so even their market cap is rising I don't or I am not interested to join them. It will s better to steer clear from them than to be scammed.
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