Bitcoin Forum
May 27, 2024, 02:43:47 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 ... 104 »
1  Other / Beginners & Help / Re: Are signature campaigns still a thing in bitcointalk.org? on: May 26, 2024, 04:25:27 PM
If I get you correctly what you mean is that individual company contacts a member of the forum by making him her a special offer to wear their signatures,  that is nit so popular here in the forum, but I am sure we still have some members of the  forum who have special offers to wear a signatures without any public signatures campaign to employ multiple others.

What is popular here in the forum is signatures campaign and it is under the manager who make the pay foll and the pay day and he is the representative between the company and the members.
It must've been a big honor for companies to contact members privately to wear there signatures, that must be in the early days when the number of forum members were not this much, I guess some pioneering members will still get the preferential treatments. What I met on ground is joining a signature campaign, through a campaign manager, and I think it makes the relationship between the campaign perticipants in the forum and the company they're advertising for to have cordial relationships.
2  Local / Nigeria (Naija) / Re: Adopting Bitcoin as a global payment method. on: May 26, 2024, 03:17:28 PM
With the launch of some central bank digital currency in countries like Brazil, India,China and even Nigeria are among a few of this countries. While some other countries are still looking into a possibility of launching theirs, these central bank digital currencies will change the whole concept of global financing as more users and accurate, reliable and effective digital banking experience Wil be seen worldwide.
I think this thread is about bitcoin and not about CBDCs. CBDCs are nothing more than fiat. They are centralized and completely controlled by the government. Many people do not make use if eNaira when they see it as fiat and nothing more. I still prefer to make use of those Microfinance banks and Fintech for frequent transactions because I only have little amount of money in my bank accounts.
Di subject na about Bitcoin, but di content of discussion come add cbdc, dem two no be di same, Bitcoin na cryptocurrency while cbdc na fiat. Aldo di similarity wey dem get be say di two na digital transactions dem de for.

Bitcoin adoption don increase rapidly and many people don de hodl am now, some businesses don de accept am as payment, but im use as a digital currency to take make payments no be di reason wey many people take hodl am, and dat na one of di reasons wey di adoption never circulate as e suppose to. As Bitcoin na store of value, many holders no de like to spend am until di value increase for dem to sale and make profit. I believe say cbdc wey be fiat digital currency go fit to also boost di chances of businesses to de accept Bitcoin, unto say na digital currency too.
3  Alternate cryptocurrencies / Altcoin Discussion / Re: [Suggestions] My own suggestion for the improvement of this board. on: May 26, 2024, 02:07:24 PM
This is an altcoins discussion board and I think that any discussion that is related to altcoins should be allowed to be discussed, it doesn't matter if they're related, so far there's a little difference, then it should be allowed. Altcoin discussions have similarities and if you don't accommodate them what else are we going to discuss here in this board? You can't bring discussions from any other boards to this board, that'll be the real spamming, so I suggest that we leave it as it is, accommodate any new information on altcoins, even if it looks similar to others.

If you have one thread for memecoins, it'll become a mega thread and boring, so I don't mind seeing a new memecoin thread with a new information. Let it be at the OP discretion to lock a thread, or if anybody has a problem with a thread, the best thing to do is report it or ignore it.
4  Economy / Economics / Re: Russia can evade sanction through cryptocurrencies on: May 26, 2024, 01:26:49 PM
The Russia's central bank wanted cryptocurrencies to be banned in its country but the Russian president, Vladimir Putin said bitcoin mining and other crypto mining will be beneficial for Russia. Some people at that time have been supectimg this could be a move by the Russia's president that he is planning to invade Ukraine which will result to sanctions, thinking cryptocurrencies would be a means to evade sanctions and make it economically less effective.

Ukrainian Vice Prime Minister Mykhailo Fedorov demand crypto exchanges to freeze all Russian accounts so that the sanction can be effective, but most exchanges did not support this. I read few days ago that cryptocurrencies may not help in Russia sanction but FinCEN concluded that Russia can attempt to use cryptocurrencies to evade sanctions.

FinCEN Provides Financial Institutions with Red Flags on Potential Russian Sanctions Evasion Attempts

What is your take? What role can cryptocurrencies play in helping Russia sanctions evasion and to what extent can this be?
This perception that cryptocurrency can be a way for countries to evade sanctions, organizations and individuals to launder drug money and terrorism is what is making people to have biased opinions about crypto in general. It looks as if cryptocurrencies are being created for the wrong reasons, meanwhile a cryptocurrency like Bitcoin, was created for privacy and freedom from any centralized third party. I don't know how far, any country can evade sanctions through cryptocurrency, but all I know is that it's not meant for any negative purposes.

As for the Ukraine, vice prime minister demanding exchanges to freeze all Russian accounts will not make any meaning, so far the exchanges are not affiliated to Ukraine.
5  Bitcoin / Bitcoin Discussion / Re: MemoryDealers aka Roger Ver Arrested! on: May 26, 2024, 12:31:32 PM
The Uniited States tax laws are insane. Despite several attempts to try and wrap my head around it, I hit a brick wall every time. It seems like a design intended to indict people rather than make the process easier for them, you have to figure out what to do and when to do it, otherwise you'll face prosecution....
Actually the IRS rules are pretty straight forward. I've never had any problems following them in dealing with my BTC earnings and transactions.

Then again - I'm not a mega millionaire hell bent on looking for every legal loophole and trying questionable interpretations of them to try and evade taxes.
Ignorance of the law is not an excuse, people should learn how the tax law of where they're doing business works. I don't think that a sane country will go outside their constitution to prosecute anybody that is doing genuine business within their country. This is a common practice among the very rich people, they want to make all the money and be greedy not to pay tax in the country that gave them the enabling environment to do their businesses. If Mr. Van, has a case case against him in the US, them let him go ahead and defend himself, I want to believe that America, is a democratic country, where they respect the rules of law.
6  Economy / Speculation / Re: 100 Push-Ups A Day Until Bitcoin Is $100K Challenge on: May 26, 2024, 10:07:11 AM
I'm here again on this energetic thread, to give my report on the pushups that I've done so far, and I'm loving the experience, I really feel stronger now. I've been adding squatting to my pushups, to also exercise my lower body, and it's been a wonderful experience for me, no pain no gain. From 21st of May, till today, I was able push-up for four days, and I try to increase the sets by 1 everyday, 43, 47, 36, 42, totaling 168, plus previous 174, sum total 342 in ten days. 100k,Kelward,10,342,2024-05- 26
7  Other / Politics & Society / Re: I want law and order back on: May 26, 2024, 08:00:49 AM
I believe that crime rate differs from countries, some are very high, some moderate and others reletively low, but you cannot totally write off crime from any country, no matter how secured the country is. The OP visit to Canada, was probably in their urban areas where security of lives and properties are of the highest priority, perhaps he might not say the same thing in their rural areas, it's someone who has lived in Canada, for a very long time that can give give us an accurate report about their crime rate. I believe that small crimes are more in countries have a high rate of unemployment and very poor people.
8  Other / Beginners & Help / Re: Waking up a dead or concluded discussion in a topic on: May 26, 2024, 07:12:57 AM
I do come across threads that have been inactive for more than four months and all of a sudden you will just see a user make a reply on such post that have been inactive for a long time and possibly the discussion is the OP looks concluded from previous replies of other users and this is mostly done by newbies so is it necessary to wake up an inactive thread or the OP is to be blamed for not locking the thread when the thread became inactive and the information required by the OP has been ascertained and if it is a case where such discussions in the OP arises in the future can that same thread be reactivated or it will be better to create a new thread?.
I do notice this sometimes with some threads, and it quite surprises me when I check the dates and see that the thread has been inactive for a very long time and suddenly resurrected. I also observe that it's mainly newbies that are doing this, I feel that it's fine if the reason for replying on such threads is meaningful, but it's appalling when there's no meaningful reason to go and start making posts on a thread that it's topic has been long concluded. I'll go with the consensus agreement here, the best action to take in such instances is to report to moderator.
9  Alternate cryptocurrencies / Altcoin Discussion / Re: Will altcoins ever cheap again? on: May 26, 2024, 06:39:55 AM
What you must note is that altcoin still remains the cheapest coin to buy and it just depends on the kinds of coin you wanna buy, let say you want to buy already established coin yes, you must buy it but their prices are way more higher. If you wanna go for the cheapest ones then fine, you will buy but you must exercised patient for them to roll up as always expected in the market.
So, altcoin are still accessible and also remember that there are series of altcoin that are being launched every single moments, you could be lucky to jam a better one coin that could give you what you wanted.
Altcoins are very cheap compared to Bitcoin, and many people invest in them especially on the short term to get quick profits. Some altcoins are quite expensive compared to the majority of them, and these are the established or top altcoins, that have been in the crypto market for a long time, but most new altcoins are cheap. Besides we're not in alt season yet, and this is still a good time to carry out research on altcoins that can be bullish in the alt season, put money in them and hope that they skyrocket to the moon in the bull run.
10  Economy / Services / Re: [OPEN] Rollbit.com | Crypto Futures Signature Campaign| Full Members+ on: May 26, 2024, 06:14:45 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3549895
Current post count: 2045
bech32 BTC Address: bc1qd884wmvcsk95p4auayuqh9y7cm8023z0p9acph
Merit Earned in the last 120 days: 83
11  Economy / Services / Re: [OPEN] Rollbit.com | Signature Campaign | Full Members+ ~ Earn up to $80/Week! on: May 26, 2024, 05:55:56 AM
Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3549895
Current amount of posts (including this one): 2044
SegWit (preferable bech32) BTC Address for Payouts: ibc1qd884wmvcsk95p4auayuqh9y7cm8023z0p9acph
Earned merits in the last 120 days: 83
12  Alternate cryptocurrencies / Altcoin Discussion / Re: After the Ethereum ETF(s), which altcoin will be next? on: May 25, 2024, 06:34:43 PM
As of now, isn’t litecoin the only one being actually considered for etf approval? I have not heard other coins being considered by the sec to approve for etf. I don’t think memecoins would be considered for etf despite having good performance. They are still very volatile and sec might take that into consideration. Although obviously anything can change especially we are currently in a bullish market situation and many coins are expected to rise which can attract attention from the general public and sec.
I share your view about Litecoin, being considered ahead of the rest, because of it's similarities with Bitcoin, but then there are ofcourse other criterion that sec considers before approving ETFs. As for memecoins, like you said, because of their volatility and no use case, might be against them, but you never can tell with dogecoin, it is an exceptional memecoin. My top pick would be Litecoin, Solana and BNB.
13  Local / Nigeria (Naija) / Re: Bitcoin taxation on: May 25, 2024, 05:37:25 PM

In all this countries Bitcoin is not a legal tender,

My question is why Bitcoin taxation in countries in which it is not a legal tender?.
Na true say Bitcoin no be legal tender in all this countries wey you mentioned, but for the fact say a country like Nigeria and USA dem no ban Bitcoin, dem allow am for transactions for dem countries, dat means say dem de entitled to collect tax. You fit to liken dis matter with imported goods inside a country , di importer go pay customs duties for di clearing of di goods, so far say di country allow di goods to enter dem country. Di advantage of a country wey make Bitcoin dem legal tender, be say e go create massive adoption for dem citizens.
14  Bitcoin / Bitcoin Discussion / Re: End Goal or Keep HODLing? on: May 25, 2024, 04:12:54 PM
Bitcoin has finite supply meaning that it's supply will not last forever, so why hodl it infinity? Except that a holder is so rich reach that he doesn't see any need for him to take profit, then it's a good thing, otherwise for other investors who are on the long hodl, it's good for them to take profit sometimes. The only thing to consider is what time is the best season to collect profits, I believe it's buy in dip and sale in price surge, that is buy in bear run and sale in bull run. The beauty of Bitcoin investment for me is that the longer you hodl it, the more profitable if becomes for you in every bull run.
15  Alternate cryptocurrencies / Altcoin Discussion / Re: What is your view and your opinion about Ethereum? on: May 25, 2024, 03:42:32 PM
Ethereum is in second place because, just like Bitcoin, it has solved a problem that the market has been looking for a long time. Bitcoin revolutionized with the Nakamoto consensus, Ethereum revolutionized with smart contracts. Many developers are working on the Ethereum network. Many ambitious and high quality new projects are choosing Ethereum. Reasons like these make Ethereum the king of altoins.
My view and opinion about Ethereum is that it has positioned itself to be bullish in the bull run, it's the most top altcoin, second only to Bitcoin, therefore there's so much expectations about it in this season. Even though many people where speculating that it's ETF approval by SEC will not be feasible anytime soon, but it has put all the speculations to rest as it has been approved. I think that just like Bitcoin price that skyrocketed after it's ETF approval, Ethereum price will even surge more, giving it's investors value for their investments.
16  Bitcoin / Bitcoin Discussion / Re: Shops now accept BTC on: May 25, 2024, 02:03:29 PM
It just get to know that some shops now accept BTC as exchange, that is very good Bitcoin is making progress, after some years now Bitcoin will shock the world, with the way things are going now.
It shouldn't be a surprise to anyone that some businesses are accepting Bitcoin as payment, afterall it's a digital cash, and one of the factors that makes the adoption of Bitcoin to be accepted in transactions is because it's common to make fiat digital transfers. People are now used to online transfers which makes it easier for them to diversify to using Bitcoin digital cash. Although many businesses are yet to adopt Bitcoin as a means of accepting payments, they still prefer fiat which has been there for centuries, but I'm positive that in the nearest future that Bitcoin will become a dominant force as a transaction option.
17  Economy / Economics / Re: Money addiction on: May 25, 2024, 12:01:43 PM


Based on this Ninety percent of people in every sector of life has higher chances of looting only that most people are not privileged to get the opportunity to carryout what's in their minds
Money addiction is very real and what you said is not far from the truth, people will do almost anything to increase their money, because human needs are insatiable, the more money you get the more your standard of living will increase. It's easy to say that I will never loot, when you've not been exposed to too much money, that if you pilfer some nobody will know, this is why there is so much corruption in high places, reason why many people wants to go into politics, because they can embezzle public funds and hide every evidence that can implicate them.
Although there are still few incorruptible individuals that their integrity will not allow them to steal.
18  Other / Politics & Society / Re: Things you see in the society on: May 25, 2024, 11:31:27 AM
What we do and how live is a matter of choice, people can be born into a perticular religion or upbringing, then they grow older to make decisions for themselves, then they'll choose whether they're comfortable about how they were brought up or change to what they choose. Although there are times when governments in power can limit the choices that we make, example is when you want to adopt Bitcoin, but it's banned in your country, another example is same sex marriage which is banned in my country, where LGBT rights are not recognized. However if someone cannot be free to practice their religion or lifestyle, then it's better that they move, to where they're accepted.
19  Other / Beginners & Help / Re: People are interesting talking more about their success stories. on: May 25, 2024, 10:39:38 AM
I see more of success stories of bitcoin, like how people invest bitcoin for their parents,  uncles,  and themselves to make fine profit. These stories are very interesting one and good to listen of what bitcoin has done for people but it makes me wonder if people don't have stories of failure about bitcoin. In the real life I see people who talk about their failed investment because of not having the right knowledge.  But here everyone talks about success stories and it makes me wonder if people are shy to talk about their failures, it can also help other people to learn. Learning is not just about from successful investment.
People have failures in their investments as much as they have success stories, only that they feel more comfortable sharing success stories, while it takes guts to share failed stories. Ofcourse I've heard a lot of failed testimonies on this platform, about how they lost their seed phrase due to negligence and how they got scammed, but we can't deny that success stories are far more. I think sharing experiences are very important in the forum, either success or failure, so that others can learn from them, a little experience shared can go a long way to guide other's decisions.
20  Alternate cryptocurrencies / Altcoin Discussion / Re: Future Investment with Dogelon Mars (ELON) on: May 25, 2024, 10:11:13 AM
Dogelon Mars is one of the top 10 meme in the crypto world. It was launched in 2021 and its development team described it as a fair universal currency. Actually being a meme coin means that there is no real utility behind it. A speculative value at the moment, but not necessarily bad. Many investors have built their million dollar fortunes in a short span of time. It can give high profit with high risk. With a market cap around of $77 million and over 440K followers on X, it has higher future potential than other meme peers even with its rising price and utility.

Correct me if I'm wrong.
Memecoins have their reputations as pump and dump projects, so choosing one to invest in is quite risky, but if you're able to invest in a genuine one rather than scam, then you're in for profits on your investment. Cryptos are volatile and we wouldn't know if Dogelon mars, will can reach mars in this bull run, and as for the speculations whether Elon Musk, is involved in the project is a secondary matter, what matters is it's performance in the crypto market.
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 ... 104 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!