I guess we just have to learn from the old members. It's not really a bad way to understand the forum. As someone new, we sometimes might make mistakes while giving information, so I'f an old member talks something that offends us, we can just ignore and learn from our mistakes.

The naija board already has a welcome thread, you can find it here, link= https://bitcointalk.org/index.php?topic=5121680.0

I saw a newly pinned thread on beginners and help board I think it covers a lot of frequenlty questions and answers.
Link= https://bitcointalk.org/index.php?topic=5500358.0

No question is dump on the forum. Moreover, every new topic must have been answered years ago but new people can still create then to ask.

I also saw that user a some time ago, but doing som research, I read some old Post about it, and it was an old user, he asked to delete his account. You can read it here I guess, link = https://bitcointalk.org/index.php?topic=50331.5

Most times the only impact of such news is usually to create a kind of fear on the market. Whales tend to move their coins when they find a need to.

But most investors panic over their actions and begin to sell. They are either taking profits since they Must have been holding for way too long or for security purposes.

We have heard alot of stories in the past how major cryptocurrency exchanges got hacked and the most recent one that was surprising was that of bybit. Just imagine waking up in the morning and the exchange where you stored all your coins hoping that it's safe suddenly goes dark. you read on the news that they got hacked and no news from their officials yet. It would be very devastating especially if you have a reasonable amount of coins stored with them.

well this thing can be avoided if you have a non custodian wallet and let's not fail to remember all the time "NOT YOUR KEYS NOT YOUR COINS". It just never gets old and it's very important we continue to pass it on to newbies joining in the crypto space who barly even have any idea of the dangers of storing their coins on centralized platforms. most exchange are vulnerable to hackers and it's important to understand why you need to keep your coins away from them. 

Aside from hack, we have regulatory controls. For years, we have seen how the government have been fighting against decentralised platforms and successfully forced many of them to become centralised due regulations. It's just like how the banks works. When they find an unusual activity on your account, they may end up freezing it. These exchanges can works on order from the government bodies to take down any accounts if they have suspicions, which to me would have never happened if you were in control of your coins.

Imagine asking a honest user to provide unnecessary explanation of the  source of his coins, thats going too far and invading the users personal life.

The lesson here is to avoid storing a large amount of funds on centralized platforms. If you must use them, then it should be just for  very small transactions or those who are into trading on a daily business, but it shouldn't be used as a means to store your coins.
It's not that difficult to get a non custodial wallet, write out your seedphrase and store them in a secure place is it? So why would you want to risk the safety of your funds in the hands of centralized platforms? Let's try to play safe at all time. The cryptocurency space is filled with unseen circumstances that one would regret over and no one would enjoy going through such stress for their hard earned money.

The claim that the US government only holds 29,000 BTC is inaccurate. If you can give us proof that the US government sells part of there BTC it will be more appreciated,the total US government Bitcoin holdings are significantly higher, closer to 200,000 BTC,there is no indication of an imminent large scale purchase of 170,000 BTC.

A very key point you just mentioned, which the opposite term should probably be acceptability. Definitely, everyone can use the US dollar, but it would now depend on who chooses to accept it. The fiat of a particular country is acceptable in every part of that country but might not be accepted in other countries except with the intervention of the bank were exchange is been made.


Both of them are quite unique in their own way. Bitcoin gains value by accumulating in price but fiat doesn't.

I literally don't believe my eyes right now. Do platforms that mock Bitcoin really exist? Because all I could find on the link (99bitcoins.com) you sent is completely odd.

I literally don't understand what the writer of that article meant by "Bitcoin has failed", going to the extent of mentioning different events that have occurred over the years.

Some people don't understand what it means to fail. Bitcoin has passed through series of tests over the years, including manipulations, but it still stood tall.

In the area of payment, Bitcoin is definitely suitable, especially for high-cost items. But most people would prefer to use alternatives rather than spending their Bitcoin due to its value and potential future profit.

And thanks for providing that link for new users.

Promoting Bitcoin by raising curiosity. Nice statement. Coincidentally, I noticed a similar point in one of my posts. Helping others in the best way I can, just by advising them on things to avoid, won't cost me anything. So why hold on to sensitive information? Certainly, he has realized his mistakes and has been able to correct his wrong perspective.

Is there a guarantee that we are all safe in this crypto space? I don't understand how someone can easily avoid such attacks, even when we emphasize more on Bitcoin security.


The comment section of the post you shared was quite enlighten.

Lol, is that dube still breathing , cause he's really got the nerve.

I just watched the movie via the link you provided. His reflexes were quite normal, like a human, but started acting like a robot the very moment he took out the eye. lol

This got me laughing. A society were intelligent and talented youths needs just little assistance that can make way for so many lives.

I think we should also consider the fact that he is targeting the wrong audience. Promoting Bitcoin's usage is a good idea, but we understand how customers behave in bars especially when it comes to making payment. I have worked there, so I am talking from experience. I wish her all the best in the next phase.

Carefully go back to the post where you got this information. The person might have also stated that this forum is not a get rich quick forum. It's very true that people earn decent amount here, since you are interested in earning, then you should be able to write well and contribute greatly to this community, abide by rules and also learn from others.

Just because it is called economy doesn't mean that they make money there. I guess those who earn can share more light on how they do that.

The issue of getting rich quick isn't something that many adopters take seriously, as they've come to believe it is the only way to make a quick profit. It still saddens me to see that some adopters in our community have taken the wrong step towards Bitcoin investment.

I recently stumbled upon a guy few days back who happens to be a anti-bitcoinist. He showed his frustration and condemned Bitcoin in a way that got my attention. I was eager to know why someone would have hatred for a life changing opportunity like Bitcoin, so I had to ask.

From his reply, he said he came across a Bitcoin mining website that was shared via a YouTube video. The mining site mines Bitcoin in small quantities, which he decided to buy some mining power to accumulate faster. He successfully purchased one of the mining power worth $80, but the site eventually shut down a week later without allowing any withdrawals.

His reply got me laughing because I quickly pointed out two things from what he said:
1. He was eager to get quick profit from an $80 investment but ended up getting scammed.
2. During my early days in crypto, I often came across these demo-like websites and have also fallen victim.

It was very clear to me that some ethusiast who promote Bitcoin don't talk about the risk part of it, while those who adopt Bitcoin on their own don't learn about the risk part of it.

I couldn't just leave him hanging with that mentality towards Bitcoin. I showed him some love by converting $10 worth of Bitcoin from my personal funds, sending it to him, and also sent him the BTT link so he can learn from a large Bitcoin community. I have done my part, and I repeat: there is no such thing as getting rich quick. I am glad he has joined the community, but wouldn't want to be mentioned.

Thanks for reading, and do well to share your opinion.

Here are my nominees for the Bitcointalk award

• Hero of Good: theymos
• Golden Feather: fillippone, JayJuanGee
• Bitcointalk Ninja: joker_josue
• Bitcoin Geek: LFC_Bitcoin, hugeblack
• Event of the Year: 
• Fail of the Year: Mixer Banned and CZ's resignation
• Discovery of the Year: Shahzadafzal
• Best SpamBuster: Nutildah, and actmyname
• Best ScamBuster: dkbit98
• Craft Master: icopress, Royse777
• AntiHero:
• Miss Bitcointalk: LoyceV

I think the Ethereum community is anxious to perform the upgrade due to the significant development of various projects on the Blockchain, leading to slow transactions and high fees for Ethereum coins. Definitely, the Bitcoin community would make adjustments soon, but it seems that awareness regarding the need for this upgrade hasn't fully circulated. I hope necessary actions will be taken for a more effective upgrade.

Yes, this debate has been ongoing for some time now, with inconclusive opinions due to the criteria at hand. We understand that the primary purpose of Bitcoin's invention was to create a new financial system without room for a third party. However, things have taken a different turn as Bitcoin appreciates over time. Its ability to accumulate in price now makes it serve better as an investment rather than a medium of transaction.

The adoption of the peer-to-peer (p2p) system is still growing through large-scale businesses and e-commerce, but I believe the grassroots level (you and me) defines it more. Regardless, we still have p2p users.

This is what i mean. Checkmating your spending lifestyle.


I don't know if all these sounds like a strategy from your point of view, which it doesn't to me. They are facts that lavish spenders can't figure out due to various reasons.

I am quite aware of the DCA method, but it unwise to categories everything using the DCA method. Finance is broad, so let's generalize it because other people make their money outside Bitcoin.


That's it. It's very clear from being selfish to oneself.

As day and night keep occuring, hustling to meet our needs is not negotiable as long as we still have an interest in living. Whether working hard or working smart, the primary and secondary goal is to have something that can aid our survival at the end of the day. No one is interested in how you made your money, just get your basic needs and live your life.

Accountability happens to be an important figure that indicates how well everyone makes use of the resources they have in their possession. Don't be surprised that some people who earn very decent amount still struggle to survive due to the inability to give proper account of how they've spent their money.

Below are the few reasons why personal accountability is important
1. It fosters self discipline in the areas of spending. Accountability sometimes teaches us how to restrain ourselves from our wants.

2. It creates room for investment through wise decision making. In this scenerio, we often consider investment rather than squandering funds.

3. It encourages the regular checking of financial growth, which help us to monitor our earnings and expenses.

4. It builds financial confidence in hustling continuously.

How to practice financial accountability
1. Be truthful to yourself. Certainly, no one knows you better than you know yourself. Your decision to spend right is for your own benefit and not for others.

2. Have an innovative or conservative mindset. By having an innovative mindset, we tend to invest on our own ideas, while by having a conversative mindset, we tend to save our money like some Bitcoin hodlers do.

Thanks for reading through, and what are your opinions regarding personal financial accountability?.