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July 15, 2024, 07:13:36 PM *
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1  Bitcoin / Bitcoin Discussion / Re: What will Bitcoin look like in the future? on: June 11, 2024, 11:25:07 PM
The future is upon us. I envision a digital form of gold placed on a shelf, treasured by countries and institutions. By holding onto this digital asset, they create scarcity, turning it into a major financial investment that can withstand market fluctuations in the future.
2  Economy / Speculation / Re: When will the bears take advantage? This bull run lasts so long on: June 10, 2024, 10:11:35 PM
That's true and we have to wait until it comes next year. This is still a long period of this bull run cycle and all of us are optimistic for its run. I'm holding to my holdings and I know that the right time will come and everyone is planning to get their share worth it when the time has come.
Five years ago, I wouldn't have believed that a bull market would come the following year. However, after the last bull market, I've come to understand that Bitcoin's current price levels make it unlikely for a sudden surge in just 1 or 2 months. Instead, the price will rise with frequent dips, making it hard to predict when the bull market is truly established. This uncertainty has trapped many long-time traders who didn't take enough profit, or any profit at all, during the last market cycle.
3  Economy / Speculation / Re: When will the bears take advantage? This bull run lasts so long on: June 09, 2024, 08:44:52 PM
I don't think that we'll see this bull run up until the next halving. But what's good is that every cycle that we're coming in, we're having a new higher low for Bitcoin and the price is going to be higher compared to the last cycle of bull run. And anticipating the bears, that might take on 2026 for which most of us are assuming that this year to 2025 is likely the actual bull run, and the peak might appear from 9-10 months from now on. But who knows? every cycle is becoming different and depends on the news that will come out unexpectedly.

Don't be misled by the current market fluctuations. A bull market is on the horizon. Hold on tight to your Bitcoin and altcoins until we see a significant surge. The cycle isn't complete until the bull market arrives what we're experiencing now is just the beginning.
4  Economy / Gambling discussion / Re: People keep asking me to borrow money, some of them for betting on: June 09, 2024, 08:27:21 PM
As long as I know the money is for betting i wont give it
You will not know because they will not tell you; they will always come up with excuses that will convince you to give them that money, or they can even boldly tell you that they want to gamble with it, not that they don’t have the money but that they don’t have access to it for the main reason that you should lend them the money later in the day and they will send it back to you. Things like that do occur.

When a gambler tells you he's borrowing money to gamble, he's implicitly warning you that if he loses, repaying the loan might be difficult, and you could end up sharing the loss. As someone with my mindset, I should be cautious and well-informed in such situations.
5  Economy / Gambling discussion / Re: People keep asking me to borrow money, some of them for betting on: June 08, 2024, 10:16:37 PM
As long as I know the money is for betting i wont give it
6  Economy / Speculation / Re: Could 72K USD be the peak for this bull run? on: June 08, 2024, 09:54:46 PM
I also think the chart of the past years from coinmarketcap and coingecko can give clarity of the trend, this phase is a familiar. Take time to look at it as well
7  Bitcoin / Bitcoin Discussion / Re: Converting altcoin profits into Bitcoin? on: June 08, 2024, 09:50:24 PM
We have a big bull run coming over the next 6-12 months , Bitcoin will pump but Altcoins will go crazy.

The way you are talking is like we have a bear market coming up and all Altcoins will die - Altcoins see many returns in bull run peak.
That is not my point, and it is very clear from my posts. My point is that there are so, so many altcoins, both new projects and the more established ones, so it is very hard for one to buy the coins that's going to pump, and you might end up buying coins that would fail.

In the bull run, altcoins are going to pump so high, but how lucky are you going to be in order to buy the coins that would go 'crazy', and even if you luckily do, would you be lucky to sell them at the right time.

You make it seem daunting when you refer to them as altcoins, but you keep various types of altcoins in your portfolio. Your selection is based on factors such as the project's concept, market cap size, trust in the developers, availability on exchanges, and recommendations from trusted influencers. The idea is that if one fails, other coins will compensate. This approach, combined with gradually taking profits as prices rise, has proven to be the best exit strategy over the years.
8  Economy / Speculation / Re: Could 72K USD be the peak for this bull run? on: June 07, 2024, 09:39:45 PM
I'll answer you because you're a newbie. I don't support or engage in Bitcoin price predictions, but I'm confident that 72k is just the beginning of the bull market. The timing and extent of the price surge are always unexpected and unpredictable. Therefore, make investment decisions independently and without being influenced by social media sentiments
9  Economy / Gambling discussion / Re: ⚽ UEFA Euro 2024 in Germany ⚽ - Qualifiers👉Group Stage on: June 07, 2024, 09:28:46 PM
I might have a misguided perception of the tournament, but it seems like there are no high expectations from people, as many top players are retiring and there are few notable coaches to bring surprises. Football isn't what it used to be, but I expect to see Portugal or Germany in the finals. I'm baffled by Gareth Southgate's decision to leave many top players behind. If he doesn't make it to the final, he might face criticism that could cost him his job
10  Local / Nigeria (Naija) / Re: Trade your BTC/NGN, USDT/NGN on: June 04, 2024, 11:16:28 PM
It's a challenging time for cryptocurrency enthusiasts in Nigeria, causing significant disruption. Previously, we relied on escrow services for transactions, though these services are not free and can't be expected to handle every trade, whether large or small, like exchanges do. Telegram once offered the ability to trade P2P with certain blockchains, which might be worth revisiting
11  Bitcoin / Bitcoin Discussion / Re: Failed crypto project will promote bitcoin more on: June 04, 2024, 10:53:56 PM
Yeah that’s true and I have experienced it too wherein we were lured to invest into new coins but ended up losing it all. It’s always better to stick to Bitcoin as I made a mistake in the past by investing my bitcoin gain into altcoins and I will never repeat it.
The failure of altcoins only strengthens the trust in Bitcoin, highlighting it as the cryptocurrency with the lowest risk. It's important to remember that even during bear markets, Bitcoin often performs better despite price dips. We should be clear about our reasons for investing in altcoins but never neglect Bitcoin and other top-tier coins.
12  Alternate cryptocurrencies / Altcoin Discussion / Re: Can any meme coin challenge bitcoin in future ? on: June 03, 2024, 11:46:53 PM

Lately, there has been a lot of buzz about meme coins, with many expecting them to yield remarkable returns similar to Bitcoin. I believe this enthusiasm comes from those who missed out on Bitcoin's profits over the years and are now seeking a token to recover their losses. However, we must remember that last bull market for meme coin surge was unprecedented and unpredictable; it may never happen like that again. Pumping a coin for an extended period is very expensive, and the significant accumulation of meme coins before the pump allowed developers to achieve massive returns, making it easier to drive the price up.
13  Economy / Economics / Re: Is it possible to pitch a Bitcoin investment idea and gain backings? on: June 03, 2024, 11:21:43 PM
To pitch any investment idea effectively, you must demonstrate your business and investment expertise, showcasing a track record of success even if there have been some setbacks. Potential investors need to be confident that you won't squander their money before they even consider the business proposal. While Bitcoin is a recognized and successful entity, its volatility and the widespread media coverage require you to provide compelling evidence that their funds will be secure.
14  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] Zytex Network [ZTX] - Xelis Fork - Fair Launch - on: June 03, 2024, 11:10:59 PM
can you share the website of the project?
15  Bitcoin / Bitcoin Discussion / Re: Found This Stupid Promotion Circulating on Social Media on: June 02, 2024, 04:32:38 PM
Bitcoin carry the lowest risk and are likely to outlast other cryptocurrencies in the market, others are risky. Before investing even a small amount in a meme coin, it is crucial to understand who is behind it. Take profits as the price rises, and resist the temptation to buy more during the pump to avoid falling into a bull trap.
16  Economy / Economics / Re: A lot wealthy people not smart they just use debt on: June 02, 2024, 04:23:38 PM
They do not like debt, but they need funds for their large projects, and banks trust them to repay or have sufficient collateral to support their borrowing. However, some countries, especially in the third world, do not have financial systems capable of supporting such borrowing. Debt is far better suited for investment than for daily living expenses, and this is a principle the wealthy exploit effectively
17  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🚧 [OPEN] Biokript - Launching on Solana | Signature Campaign | 4 Weeks on: June 02, 2024, 12:45:55 AM
PROOF OF REGISTRATION#
Forum Username:ololajulo
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=906631
Telegram Username: Hololajulo
Participated Campaign: signature
SOL Wallet Address: EH8xnGArCP1KfcV7bWsHJjQN7sms4zCwZiTqwSDVjBTS
18  Alternate cryptocurrencies / Altcoin Discussion / Re: How to find a best bounty campaign to join ? on: April 07, 2024, 02:23:15 PM
Identifying credible projects on the forum has become increasingly challenging, largely due to the forum's influence within the cryptocurrency space. Unlike social media platforms, we lack significant influencers here. Consequently, there's a decrease in crowdfunding activities, which were previously quite attractive during campaigns. My primary strategy for identifying promising projects is to focus on individuals who show genuine interest in the project.
19  Economy / Economics / Re: Lock your bank balance on: April 07, 2024, 02:13:55 PM
I think a lot of families do this.

They put in money in a bank account in which they dedicate that to their children usually for their college fund or something like that. I do see the point but honestly I think it would be better if you just put it in to crypto. Even if it is locked, fiat money will still lose value over time unlike in crypto especially in bitcoin.

I am cautious about advising individuals on the long-term retention of Bitcoin for their family or children. Its security vulnerabilities make it susceptible to theft, with little to no possibility of tracing or recovery. Instead, a portion of such investments could be allocated to cryptocurrency, while the rest could be diversified into more stable assets like fiat currency and real estate. Although these alternatives may offer lower returns on investment, they provide easier and safer avenues for wealth preservation
20  Economy / Speculation / Re: Will BTC dip again? on: April 06, 2024, 11:20:39 PM
I won't set a specific price target for this market downturn, but I will aim to stay within 15,000 units below the peak. This downturn feels distinct from last year's, as the price surged leading up to the halving. What's intriguing now is that the halving hasn't occurred yet, yet we're already seeing all-time high prices. This suggests there's still significant room for upward movement.
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