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June 05, 2024, 11:38:54 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Economy / Trading Discussion / Re: FTX will repay everybody 118% back on: Today at 08:43:21 AM
I have heard this news recently and also nla while ago but 18% is something new and if they really do it then surely they can win back their customer's trust but not to a complete extend but this will help them secure the brand image. But, will they really do it? There will be lot of process involved right from validating the claim and most of them sold out when it was close to zero and I don't think this 118% will be for everyone as mentioned in one of the article as they have to provide the details. Again if it happens it would be better since people lost a lot.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Realistic expectations this bull run? on: Today at 07:13:13 AM
I am more optimistic on Cronos and ICP since they have already achieved this feat in the past hence it won't be difficult for these coins to reach the target you have mentioned and moreover we can always expect some surprises wherein those coins which we least suspect goes to moon and from my past experiences this bull run would be bit different as there are more investors more institutional money involved and everyone is waiting for just one think which is bull run.
3  Bitcoin / Bitcoin Discussion / Re: Is bitcoin gradually turning away from its purpose? on: Today at 06:45:22 AM
There is no straight answer for this because it's definitely diverting from its purpose because users cannot afford high transaction fees for P2P transaction but not everyone cannot afford there are high value transaction which still use Bitcoin for secure transfer I would say for low scale transfers it's not longer viable and right now Bitcoin has become more of an investment for some and remains as P2P for some as it's foraying into more verticals.
4  Other / Beginners & Help / Re: Every possible wrong crypto advices on: Today at 06:08:42 AM
1. This is same as storing the asset in CEX itself as we can hold them responsible in case of any untoward incident.

2. Invest in coins under $1 as it has chances of giving higher profit than Bitcoin.

3. One can get rich real quick in crypto trading and future trading is the easiest way to become rich.

4. Buy memecoins and hodl it for long term (even for Altcoins)

5. Bitcoin's is a bubble waiting to be bursted
5  Other / Politics & Society / Re: Twitter (X) now to become XXX on: Today at 04:54:35 AM
I am in utter disbelief by looking at some people defending the adult content and pornography in one of the most popular and widely used site, people use Twitter to check everything and it's used by people of all age group and we cannot sell sex and pornography here as there are hundreds of different site to promote their activities but not Twitter. People have gone insane defending anything without any conscience and who ever says it's not a big deal are okay with their children's being pushed towards adult content and justify selling sex in a platform mostly used for news and updates. If this grows then Twitter will be in loss as people will stop using it.

I think these people will even justify selling prostitusion in LinkedIn as a professional services.
6  Other / Politics & Society / Re: Putin Made mistake to go against world elite on: Today at 04:14:01 AM
I am confused if this is a sarcastic post or real one if this is for real then I would say it's due to sheer power and have dominance which most of the world leaders are doing it against smaller nations but yeah Putin wouldn't have expected the kind of stuff resistance it has faced from Ukrainians and the flow of weapon from West. But don't think USA still can control the whole world as the items have changed and people don't give a damn and what OP has mentioned I mean the sentences he or she has chosen is funny to read the way it's mentioned should apologise to USA and they would forget it and should take permission from USA, it's not Iraq or Afghanistan it's Russia which has a proper force they don't need any permission.
7  Bitcoin / Bitcoin Discussion / Re: Bitcoin Future Transaction Prices on: Today at 03:23:35 AM
Most of us are facing this problem but unfortunately there isn't any fix and it's like we have to accept the reality and either pay the transaction fee else keep BTC in wallet itself which would be very and no one would suggest that.

Now let me come to second point, no matter how many times we discussed this but we don't have a solve hence this will be discussed until we have a fix for this so I would request those so called expert not to respond if they don't have a solve instead of saying this has already been discussed numerous times.
8  Economy / Economics / Re: Is it possible to pitch a Bitcoin investment idea and gain backings? on: Today at 03:06:14 AM
I know people in my town doing this with a very week business model wherein they just pitch for investment stating they would provide recurring monthly profit for 4% which is roughly 48% of invested amount will be earned in a year they claim to give these returns through Bitcoin trading but I have seen them struggling as sometimes the need of money to payback the investors has led them taking wrong move and losing on probably profits. But a strong strategy with a solid plan can be introduced if it's for long term.
9  Economy / Trading Discussion / Re: Lack of capital or knowledge, which one is holding traders back from profits? on: Today at 02:46:38 AM
According to me, it's the knowledge that is required to gain profits from trading.
No matter how much capital you have, if you don't have the required knowledge then you will end up losing all your capital.
We should learn to trade with a small capital and then gradually increase our capital when we start making consistent profits.

I second your thoughts because I have seen people having huge capital and losing it all due to lack of knowledge wherein people with knowledge have performed well with little capital and made a fortune out of it. I will take my own example as I had been in both the situation I more than $2000 in future trading without much knowledge on it as I assumed since I have more capital my gains would be higher, also at one point of time started with $5 and made more than $1000 but his time with knowledge and proper strategy wherein I was sticking to my protocols.
10  Alternate cryptocurrencies / Speculation (Altcoins) / Re: LUNB Terra on Base (social coin) on: Today at 01:58:53 AM
A big no, never ever think of investing into anything which is with the infamous LUNA coins because already thousands have lost too much I mean people have lost their live time saving now why do we have to experiment. I would rather say it would be biggest joke if people still invest into this coin as losing it out once again is imminent.
11  Economy / Speculation / Re: BTC Sentiment Poll for June on: June 04, 2024, 09:14:35 PM
This definitely looks like the month when Bitcoin would break the previous ATH because it has started on a positive notes, it may easily breach the current ATH but I don't think it can sustain above $75k for longer period of time as we see fluctuations everyday and I think there would be further such movements o back and forth until we enter most expected bull run.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Keeping your assets safe in the crypto space.. on: June 04, 2024, 08:21:51 PM
We all go through this and it becomes irritating when we use same device for crypto and personal use because we are bombarded with the scam messages and now they even start calling you through telegram. We cannot avoid them reaching out to us but we can avoid being a victim by ignoring or blocking them as it's not possible to report them individually as we are added in hundreds of such group.
13  Economy / Economics / Re: Why do you think it's best to consistently use the same exchange? on: June 04, 2024, 07:43:44 PM
When it comes to managing exchanges the only thing matters to me is convenient because it's difficult to manage our trading, calculation about the PnL when we use multiple exchange hence I maintain all at one place and more importantly the hassle of managing different passwords. But I use multiple exchange to track the price or sometimes but some coins earlier in exchanges like gate.io.
14  Bitcoin / Bitcoin Discussion / Re: Trump vs. Biden is almost like Bitcoin vs Fiat on: June 04, 2024, 07:24:12 PM
Man there is nothing like Bitcoin vs Fiat as both of them as against Bitcoin and we have seen how Trump was against Bitcoin initially and when he realised he will get some support in the upcoming election by portraying himself as pro Bitcoin he has turned towards Bitcoin. Both are greedy old men who can do anything for power hence let's not get fooled easily.
15  Other / Politics & Society / Re: War between white Race will take power away from white race on: June 04, 2024, 07:11:58 PM
What sort of crap am I reading ? It doesn't make any sense as you are being racist and ignorant I mean why would someone try to make the whites fight amongst themselves and when you say whites which means you are trying to portray people of other color as possible culprit. There is no white or black or Asian or Arab when it comes to war it's purely done for excessive power.
16  Alternate cryptocurrencies / Altcoin Discussion / Re: Investing wisely in memecoins can give you returns. on: June 04, 2024, 07:07:48 PM
I would say the current memecoin craze is pure luck as it has potential to provide more profit at a single trade than our entire month of hardwork in trading using the technical indicators and candles pattern. But we should make the mistake of invest and wait or holding when it comes to memecoin as we will be risking everything. I think we just need to go with the flow when it comes to memecoins.
17  Economy / Economics / Re: Hunger in a country known for agriculture. on: June 03, 2024, 08:19:23 PM
Every year in India many farmers commit suicide as they are trapped in debt and unable to pay the loan they have taken from the bank, sometimes the amount it costs them to transport the produce to the market is greater than the MSP which is decided by government in coordination with their corporate elite for their own benefit actually farmers don't get much profit as they barely try to get 2 times meals a day it's the middlemen that loots them along with government but now thanks to the start ups and idea of fa to plate wherein farmers can sell their produce directly to consumers through an online platform this has helped many of them
 Similarly in Nigeria something has to create a bridge between farmers and consumers.
18  Alternate cryptocurrencies / Altcoin Discussion / Re: Pepe in a Memes World on: June 03, 2024, 07:08:59 PM
I think the current market situation is a good time to buy and though I don't invest into memecoins but looking at the price it would be wise to invest if you are willing to take risk as this season is turning out to be memecoins season as of now. I think there would be further surge in the price of pepe in the upcoming days hence dips should be utilised.
19  Local / Nigeria (Naija) / Re: Cryptocurrency a renew hope for Nigeria youth on: June 02, 2024, 11:59:31 AM
Crypto currency has definitely saved many youths from going into poverty or any other illegal activities because Bangladesh and Nigeria are two countries where people have utilised it to the fullest and contributed lot.

The important and alarming things is the fact about all the back and forth between the exchanges and Nigerian government amd removal of trading pair. This should be sorted in a positive way and government should stop interfering in crypto currency related stuffs to ensure longevity of benefits we get.
20  Other / Politics & Society / Re: Do we really plant trees? on: June 02, 2024, 11:20:24 AM
Mate I don't believe in those facts they have been saying this since like forever, bro we got lots of tress in my area and yet the weather still gets so fucking hot, what I think is the government are just trying to lie to us on almost everything, first lie no one has ever been out in space, it never happened and even when the so called legendary astronomers said It never happened they called him mad, men Im tired with news on global warming and all that.

Where do you live? I don't believe in a single word that you said as it's illogical I think you need to compare the weather or heat when you stand under tree and in the area where there is no tree I have lived in such places where there is not enough tree and how it's hotter than area where we have tree. I have seen my area Turing from garden City to concrete jungle and how the climate has been impacted.
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