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June 20, 2024, 04:00:24 AM *
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1  Local / Nigeria (Naija) / Re: Naija Novice Hangout {Newbies introduction & Orientation} Thread. on: June 17, 2024, 12:09:18 PM
I just noticed this thread now, I'm sorry for not identifying myself here before getting started but it's better late than never.

Username: Yucky (No be my real name though but I say make I keep am simple)
Gender (optional): male
Skills: school maths tutor as the main job while painting and arc welding is the skillset.

I'm glad to be part of this nija family and for as often as I will be chanced to engage in the Nija local board discussion and other boards discussions, I will make sure I'm a good compatriot of the nija local board.
2  Economy / Services / Re: [Round 7] Utopia P2P - Official Android Review Campaign (Newbie - Legendary) 💎 on: June 17, 2024, 11:51:57 AM
Bitcointalk Profile Link:
https://bitcointalk.org/index.php?action=profile;u=3613412
Bitcointalk Rank: jnr member
BTC address for payouts:
USDT address (TRC-20) for payout: TUzVKuMM9PMrdnc2uRszgjJD6jMLrDCaQd
3  Bitcoin / Bitcoin Discussion / Re: I want to write a book on Bitcoin topic and I need your advice and help!!! on: June 17, 2024, 09:26:20 AM
As Salamu Alaikum / Namaskar / Hello
to Respected members and friends of this forum, I am a new member of this forum I hope all will help me.

I want to create a book like a story to present and understand Bitcoin in a simple way.

I have knowledge about Inflation, Economics, Blockchain and Bitcoin
So I would like to discuss the following 12 point in the book as a delightful story about bitcoin.

before deciding to write a book, it's expected that you already have all the basic and advance knowledge about the subject matter you're writing in and not just scratching the surface. Most of the ideas you have here are readily available on goggle search engine and wouldn't be too useful for most folks who might be interested in your work. First off, it's necessary that you know everything there is to know about what you're writing so while writing it, you won't find deficulty conveying your message and information in a readable and easy to understand manner.

In addition to this, one way to do well at things is to start the work first off then along the line, you can look at how far you've gone and put in the effort to go above the extent of your work. You need to have written some sort of a prototype and then you can tell us how far that is and then we can continue from that point in giving you better suggestions.
4  Economy / Economics / Re: How is the cost of living in your country? on: June 16, 2024, 03:58:00 PM
Hi Guys,

I'm curious to know if there is a cost of living crisis in your country and if you are feeling the effects of rising goods and services.

since my days as a little boy, I haven't witnessed the increase in the cost of living as what's now the case. Almost all the common and uncommon commodities have triple there prices and it's now too deficult to live well with a single stream of income. Local manufacturing industries have almost close down and are not functioning, it's been ages since we've seen new jobs being created by the government and the individual that are already employed aren't seeing there salaries on time and even when they get paid, the amount isn't enough to battle the rate of inflation that has become a serious problem in the land.

It's so bad that the global economy is getting from bad to worse almost every year and these are all product of failed leaders that aren't setting out the proper systems on ground that will aid the rate of employability of youths.
5  Economy / Economics / Re: Minimum Wage and the Robot Takeover on: June 16, 2024, 03:49:54 PM
Now,
This doesn’t exactly mean that the Burger Flipping Robot, and the Self Driving Uber, aren’t taking Good Paying Jobs. And the Bazillion Beings concept doesn’t necessarily get Everyone well Paid, and actually then Circumvents the $15 Minimum Wage because the Person is not an Employee of anyone. But these are all Discussions to be had now.

regardless of how technologically inclined the world gets to, the need for skilled workers would still be very much in high need. Robots still needs human to operate them and whatever technology the world comes up with, it can't beat the potential that's residence in us as human being. But it's also necessary that everyone gets himself prepared for what's coming in all the sectors of the workforce and ensure that they are with the required skill set that makes them relevant regardless of the technological growth we experience in the society.
6  Local / Nigeria (Naija) / crypto vs content creation, which is more profitable? on: June 13, 2024, 04:25:37 PM
Since most youths have seen that social media skit makers are cashing out big and living expensive lifestyles, we've noticed a majority of youths creating content up and down some of which are too irrelevant and contribute nothing to the viewers. They just want to get paid and since they want to get the required views and followers before their account is monetized, they are willing to go to any extent just to look for views including showing nudity and spreading false and unverified news just to attract their audience. In the end, some of them luckily get their accounts monetized and earn from it pulling up more crowds into the sector as though it's the only source of wealth in the digital space.

For us at this end, we know that ours isn't as loud as that of content creators and most of us normally enjoy doing things on the low key to avoid too much attention from our financial agencies since it appears as though they have a thing against us. For the traders, we know the risk involved and that it could get too good at some point or get bad at some other time, and then for the long-term investor, we know that our return doesn't come within a short space of time compared to most verified content creators that are currently earning from their page.

Which is more profitable? Content creators or crypto traders/investors.
7  Local / Politics and society (Naija) / Re: [Fake 95k] scammers are trying all possible way to have access to us on: June 12, 2024, 06:53:48 PM
All this kind format don't work again na! It's even how they consistently make use of the name "mr Richard" that cracks me up when I see there messages. Well, it's only  those who are desperate and broke that will fall for this cheap scam other wise, we all know that if you're to receive any free money from our government, they wouldn't want to do it low key or send you a mere texr to get your money.

Always wise up when you see free money. There is nothing free in this country.
8  Other / Politics & Society / Re: Rumours that russia will use nuclear but where ? on: June 12, 2024, 06:43:16 PM
Putin won't launch a nuclear weapon weapon unless he is prepared to engage in a nuclear war.

Putin won't start a nuclear war unless he is confident he would emerge victorious.

Right now, he would not win.

(Of course this could all change if Donald Trump is elected).

you sound so certain about what Putin can do or can't do! For all I know about Putin, dude could get desperate when he wants to get things done and we can't be certain of what's going on in his mind or the extent to which he would want to follow up on this war. The only reason why we can assume that he wouldn't want to make use of his nuclear weapon is the fact that the use of nuclear weapon is almost out of consideration with choosing war arsenal for a battle. Any nation that goes ahead to make use of nuclear weapon to settle a way deserves to be wiped off the face of the earth.
9  Local / Nigeria (Naija) / Re: Consider all this before starting your Bitcoin journey. on: June 12, 2024, 03:38:38 PM
I heard about Electrum but I'm using trust wallet I was thinking is the best since I have nothing to fear when it comes to misplacing my phrase since they had an option to back it up with my Google account so is save there and since I started accumulating my Bitcoin it has not given me any problem.

You backup your seed phrase online? Read this: Apple User Lost $650k In iCloud Crypto Scam

recently, trust wallet regularly displays an option for users to backup there seed phrase on the cloud. It takes someone that's careful with his safety not to fall for the trick of just doing the backup and saving yourself from the stress of seeing the backup message popping up on your device so frequently.

I had to ignore it when I updated my truswalet and noticed it and the reason I ignored it is that I saw a thread iether on this local board or in the beginers and help section of the forum where someone adviced newbies regarding the need to ensure that ones seed phrase is kept offline. Sometimes, trying to do things th most easy and convininece way could lead to unplanned disaster and that's  what must have led some people to rush about the update
10  Other / Beginners & Help / Re: Do this to avoid killing your motivation as a newbie on: June 12, 2024, 03:22:54 PM

5: avoid getting involved in forum politics and never take side for any reason, if you must comments on such threads, you have to do so with discretion and stand only for the truth.

is there anything like forum politics here? Wow.
I thought everyone that's here just engages in discussion to the best of his knowledge and doesn't really take anything too personal or tries to know stuff about a third party? If such thing exist, how do we know that we're taking side most expecially if we're just supporting a view that's in line with what we think about the subject matter?
11  Other / Politics & Society / Re: money buy happines only if you are a female on: June 12, 2024, 03:15:18 PM
This is not true. It's not just about female and male if you look at it from a broader perspective rather using selected few you've come across to make a general statement. There are females that are not just living thier lives based on how much money they have or or that are trying to just get themselves cloths and other things. Some actually want to impact lives and make there surrounding better and cares little regarding how much is in Thier account.if you look at it from some angle, money isn't bad to start with and you don't tell a man that's after money that he's behaving like a woman. Understand that first of all, you need to have money to take care of yourself and when you've now reached a statement of having personal comfort, you can now think about reaching out to others that aren't financially strong compared to yourself. You don't go about helping others or creating a system that works well for others when you've not sorted yourself out we. It's always self love before extending an helping hands to others.
12  Other / Beginners & Help / Re: Best method for Bitcoin accumulation. on: June 06, 2024, 05:00:22 PM
The DCA method is just one of the basic methods that's used in the accumulation of Bitcoin and other assets but isn't really the best approach for everyone. For those that don't have the means to buy large sum of Bitcoin or an asset at a time, DCA can work well for them since it doesn't require them to have all the money intact before buying. But if you have the resource to buy your asset in lump sum, then there is no point of using the DCA methord.

Know that DCA has its own disadvantages just like any other method which is that with DCA method, you're most likely going to buy your asset at times when the price is high and low without necessarily buying during the DIP. If you're someone that follows the DCA methord to the later, you will buy at high prices compared to someone that buys in lump sum or buys during the DIP. It's not the best methord but obviously a good methord but the best strategy could be to use a combination of different methord in accumulating your Bitcoin or asset depending on what works best for you.
13  Other / Beginners & Help / Re: Beware of fake work-from-home jobs, it is a ploy to steal your crypto on: June 06, 2024, 04:49:43 PM
The scammer will message you and offer you an online job. The scammer will be receiving the money from the job and he will not later pay you anything. Or it can be a fake job but the scammer will later ask you to pay an amount of money to get more and better offer. The victim account that the scammer created for the victim on the platform would be getting credited but it is not money but just a number to deceive the victim. If the person pay the money that the scammer told him to pay, that is just how he or she has been scammed.

https://cointelegraph.com/news/fbi-crypto-scams-work-from-home-remote-working

Tell your people about this. They should avoid online scam like this one.
this is rampant everywhere and must of the peope that falls for it are desperate people that are looking for anything they can lay on to s a source of income. The recent and must popular one they've been using is to give you mini task to perform and they pay you for doing those task but the entry requirements is that you're to pay a certain amount. The higher the amount you at, the higher your weekly or monthly pay. You will be allowed to receive one or two payments so as to lure you entirely into the system and when you've become comfortable with them, they will most times as you to upgrade to ab higher amount which is suppose to triple your weekly paychecks. If you ever make the mistake of paying the money you've just lost and fallen for thier plans and they will never allow you withdraw your money again.

They are mostly ponzi scheme and should be avoided by all means. Generally, anything that involves you to make an initial non refundable amount before ever getting started is most times schemes that's created to extort money from you.
14  Economy / Speculation / Re: Road to 100k? on: June 05, 2024, 03:19:16 PM
we like speculation, because it's difficult before you can see anyone that predict the price of bitcoin against next year, it's obvious and understanding that bitcoin price have it's way of how it do it thing, bitcoin is unpredictable currency and predicting it future is like someone who just exaggerating, so we need to make our research and have in our mind of what bitcoin will manifest next year, this year predict can be some how be accepted because you are seeing it regulation, so with the current price can give you the insight to predict next months price but predicting ahead of six months time, I don't think I can accept such prediction.
No one can predict the price of Bitcoin with certainty because it is very difficult, with Bitcoin price movements being very fast, it is possible for rapid shifts to occur, but there are several aspects that must also be paid attention to to see the price in the future so that we can prepare for it. What will happen.

So I think it's quite important for us to look at some speculation as to what will happen to the price of Bitcoin in the future, and there are also some things that we need to be sure of that will happen.


Bitcoin is a speculative asset where everyone is privileged to predict and speculate about it's market occurrences, but the truth about it all is that past and present occurrences can never give a guarantee for the future events, but it will only give guide considering the fact that bitcoin is a growing asset where alot of things can still be introduced in the market which may or may not affect affect the market condition, staying focused and having certain level of preparedness and readiness in terms  of what will become of the possible outcomes of the market condition by taking position at every given opportunities of maximizing achieving our investment goals and objectives is the best as the only thing one can be very sure is the fact that bitcoin is volatile.  

although if we are  considering the number of years Bitcoin has actively proven to be an asset that's of an investments quality, we can say that Bitcoin hasn't stayed that long and is still a growing asset but we can't make such statements with the assumption that it past record isn't good enough to have built a good faith from while making current investment.

As long as the decentralized system is concerned, there isn't an alternative or any other asset that has stayed on a similar range of years with Bitcoin and has gained this level of relevance and importance. Gold has been an asset that people where investing into for a long period of time before bitcoin came into the limelight but hasn't had the kind of reputation and has not seen the level of pupolarity that Bitcoin has enjoyed throughout these times it has existed, and one can literally make speculation from past circle and see a similar trend that's currently playing out in a manner that's Always better than the former circle.

Regardless of Bitcoins past values and the bunch of speculation that's currently going on everywhere, what's more important is that Bitcoin still continues to grow in it value on a consistent bases and that makes it an asset that's worth holding unto.
15  Economy / Economics / Re: Things to avoid when you earn a lot or become rich on: June 05, 2024, 12:49:28 PM
The urge to upgrade your lifestyle is one major issue that comes along with being wealthy and most people end up being stagnant at that point become of this urge. When you've not heard money, it's easy to assume that ones the money comes you would be able to guide yourself into being cautious with your spending but it's a totally different ball game when you start seeing the money.

If you're unable to moderate and work on your mindset to becoming matured and capable of managing wealth, you will only end up being a rascal that got wealthy and squandered all his wealth out. The need to live below your means and make plans on how much you're to spend at your ach month can't be overemphasized caus the moment you get it wrong with that, you will mismanage your wealth which might almost take you back to square one.
16  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: June 05, 2024, 11:47:01 AM
It feels good

Finally finally Belgium is showing a bit of sun
When BTC goes in a good direction and Sun is out…

Those are some good days
Bitcoin @71k is now trending in my country

They don't know what's coming next.
17  Economy / Speculation / Re: Buy the DIP, and HODL! on: June 05, 2024, 05:54:58 AM
surely there are a lot of folks - especially newbie investors who may well take 10-15 years or longer just to get to a point that they are able to transition from BTC accumulation stages and into something else.  Yeah, it seems strange to talk about bitcoin as an investment that may well take 15 year or longer to accumulate, when bitcoin is ONLY barely older than 15 years right now... but still if someone comes into bitcoin right now and they are a new investor who is investing $10 to $100 per week, they surely may not be able to get out of BTC accumulation stages until more than 15 years down the road.
the thing is that the ability to accumulate Bitcoin from this period up to 10 years might seems too far for most persons but if you try to break it down into achieving certain amount of Bitcoin at the end of every year and then set an amount you should have brought by two years time and do same for four years time and so on, it's going to help you to accumulate your Bitcoin for the long term without thinking of selling it too soon even though you have seen profit along the way. Depending on how much you can assign as your weekly or monthly dues for buying of Bitcoin, even if it's just $20 per week, it's just to know that by the end of each month you should have gathered $80 worth of Bitcoin and by the end of the year you have bought $960 worth of Bitcoin. After achieving the first year plan, it can better prepare your mind to achieving the next year plan and by then your mind should have gained maturity and you can now improve on how you're going to follow up with buying your Bitcoin and even though while you started buying you possibly had some doubt, by buying for a period of at least one year, some of those doubt would have cleared out and you can comfortably make four to ten year plan from that point.

I think one reason why people make good plans for the future and don't end up achieving them is that they don't follow it up a step at a time, if you break your ten years accumilation plan into different stages of maybe two years interval, it's going to reshape your mindset and guide you to make better and informed decisions along your accumilation journey and if you are able to buy Bitcoin for a whole year without selling, you can always replicate that for the next year and then the next untill you've reached your accumilation goal.
18  Other / Beginners & Help / Re: [Merit] Share your best local board posts/topics on: June 04, 2024, 06:05:56 PM
Nija local board.

First time posting

Link 1. https://bitcointalk.org/index.php?topic=5497415.msg64170388#msg64170388

Link 2
https://bitcointalk.org/index.php?topic=5498864.msg64170335#msg64170335

Link 3.
https://bitcointalk.org/index.php?topic=5498780.msg64167939#msg64167939

Link 4
https://bitcointalk.org/index.php?topic=5498530.msg64156665#msg64156665

Link 5
https://bitcointalk.org/index.php?topic=5477266.msg64063934#msg64063934
19  Local / Nigeria (Naija) / Re: Aggressive Bitcoin investment. on: June 04, 2024, 05:57:31 PM
You did not explain what aggressive invest really is, aggressive investment is good as long as its done right, anyone that isn't investing out of his discretionary income is investing wrongly and would surely put himself in some state of panic sonner or later, investing should be done of of our discretionary income and that is after our expense has been taken out and we taken care of everything that is necessary before using the spare cash to invest in bitcoin.
it all depends on the individual plan before starting his investment. If an individual decides to use let's say 10% of his monthly earnings to take care of his investment, he doesn't need to always take care of all his needs before investing with that amount, once his salary comes in, it's just going to be that the person will have to take the 10%, buy his Bitcoin at that time and then proceed to using the rest of his money to sort out his expenses and maybe make provision for a portion that can serve as his emergency funds.

Being aggressive with your Bitcoin accumulation is good but it's not for everyone, it's even best to go at your own pace and buy with an amount that you're okay with since for most cases it's best to not just buy at a time and stop buying. If you intend buying Bitcoin over a long period of time, it's going to be best that you use an amount that's small so it you're doing it over a long period of time, you wouldn't need pause your buys at some point along the way.
20  Local / Politics and society (Naija) / Re: Remuneration of our so called senators on: June 04, 2024, 05:46:56 PM


Remember,
Yearly Salary of Nigerian Senator = N353,756,988.00
(Three hundred and fifty-three million, seven hundred and fifty-six
thousand, nine hundred and eighty Naira.

proportion:
N353,756,988.00/ N720,000 = 491

It will take an average Nigerian worker 491 years to earn the
 Yearly Salary of a Nigerian Senator.”

and you want us to believe that the white are the ones that enslaved us? The slavery we're currently going through under our own politicians is nothing different from what our past slave master mated on us. To know that this are the same people that complained of bad governance before they accupied those offices and now they are getting all this benefits while the poor masses are left on the street to suffer just to feed themselves and yet they will send tout to extort and tax the average man on the street.

This is part of the reasons why we can't deny that we are our major problem. Instead consistently borrowing money from external countries to sort out any minor problem we're facing, what's the problem if we go back to the drawing board and make adjustments to some of this unnecessary allowance? The are earning this much but are afraid to at least raise the minimum wage to 100k? Isn't that wickedness of the highest order? The lecturer and school teacher that are doing the real job are under paid with almost no allowance that comes with the job and you expect our educational sector to function well? Sometimes when I look at list like this i just wish they are not true but unfortunately this is the sad reality we've been living with for years now.

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