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1  Alternate cryptocurrencies / Altcoin Discussion / Welcome to the last quarter of 2021, prepare for the profit coming. on: September 01, 2021, 05:16:33 AM
Today marks the start of the last quarter of the year in cryptocurency and this  is when the profits usually comes in at its best considering if the year was a bullish one. You'll see new token gaining popular so will the scams so we have to be very careful. Choose your investment wisely as this could be the last quarter to experience profit before we enter a bear market next year.

Do not be of the opinion that a coin has already increase in price therefore it can not increase further when they are quality projects, such mindset should not make you go searching for new gem and end up buying into Scam coins instead explore more possibilities in those well known project. Project like Solana, DOT, BNB, BTC, ETH can still give you good profit and you investing now does not mean you would be profiting less.

They are better option than most of the overhyped project that will come up this quarter just to deceive you to investing with them. Like I said, choose wisely because this is likely the last chance to get into quality project before they achieve new all time high for the year.
2  Economy / Trading Discussion / Understanding how the market tricks you and how to prepare against such tricks. on: August 13, 2021, 10:22:58 AM
For everyone who has spent something in the market, you'll realize this situation I'm about to describe below to be 100% accurate. The market always has some tricks to throw at you, that's why we're advice to understand the market very well before wanting to earn from it or you'll lose. Have you notice whenever you're in profit, there isn't always a need of money that very moment which then make you think of exciding your initial target, in other words you become greedy and want to make more profit.

Now the story is different when you're in loss as that's the very moment you'll be in need of urgent cash, which will make you likely want to sell your coins off in panic to avoid further loss or use the cash for something else. This is usually the market tricking you. Assuming there was no active trade, there's every possiblity you'll find that money to solve that problem from somewhere else but no the market will mess with your mind to make you think selling is the only solution to this problem.

You can avoid been in such situations by simply listening to the advice giving of not investing money that might be needed urgently and secondly always securing profit to help in situations like this incase they araise when you're in that tight spot (having a bad trade). Take notes of this advice and you'll be one step ahead of the market.
3  Alternate cryptocurrencies / Altcoin Discussion / What majority of altcoins CEO aren't telling you. on: August 12, 2021, 06:28:16 PM
Before an altcoins get launched, most times they must have been several funding phrase that the general public aren't allowed to participate in and some are done without anybody knowing which means there's always people that we're just enriching each time we buy newly launched tokens either from market or pre-sale.

Judging from what is happening in the market, it's very obvious that majority of the CEO are just after making money from the industry but they'll not tell you that instead they keep decieving everybody that they created the token to solve world problem meanwhile there's no utility of that project only just it been tradable.

While we Invest in project, we shouldn't blindly follow what the CEO are saying regarding their project, always make sure you research and have been convince based on the evidence you see that the projects is likely to succeed like roadmap, etc and not rely on what the CEO will say because everybody thinks theirs is the best and get clouded by emotions. There's so many altcoins, don't get too attached to anyone that you'll be blinded and not see what a scam they are before they exist scam.
4  Alternate cryptocurrencies / Altcoin Discussion / Are meme/NFT investment really worth the hype they're getting?. on: August 11, 2021, 05:36:20 AM
Sometimes I begin to wonder how it's easy to misguide the members in this community. The rich has made so much money form their investment in crypto and other aspect of investing now they just want to have fun by playing with meme investment like Elon musk. Without understanding that, we now see that decision of theirs as an investment opportunities and go putting all our money in a joke.

The rate at such a stupidity is what make me believe, we still have a long way to go in this industry. We don't understand the rich are messing with our heads in this industry. How can someone bindly buy an Art fir such high amount all in the name of participating in NFT. We don't learn form our mistakes in this industry. Isn't it same way we had thousands but fICO in the past and they mostly scam their investors which the presale participate profited.

Why risk it all on meme and NFT when you can simply buy Bitcoin or other legit coins and profit in the future. We have to stop giving this rich bastard and scammers the room to scam us and ripoff of our money. Stop this worthless investment and Invest in the right things to secure a bright future.
5  Other / Beginners & Help / Help me differentiate this thought, teach a man how to fish or give him Bitcoin. on: August 07, 2021, 07:05:26 AM
I came across a meme some months back and it stuck to my my head that I had to put it down in writing to some extend on my profile (personal) statue. The meme was emphasizing on giving a man Bitcoin and you'll fees him for centuries and it got me wondering about the popular quotes that says "Give a poor man fish and you feed him for a day, but teach him how to make money and you feed him for lifetime". Now if the quote meaning is that giving out money only enslaved the mind of the receiver as he/she begin to think less on how to make a living for himself instead begins to rely on you, which is bad.

But then, if you teach that individual how to make money, they become independent and there's higher chances of them replicating same action to others and the good continues. Now in the cryptocurency community the opposite is the case, people are given fish (money Bitcoin) daily through giveaway and other means steadily on the social media platforms. Isn't this contradicting everything. We're producing dependant society that rely on others instead of looking for alternative ways to make a living for themselves and start earning bitcoin.

What the meme is saying 'Give a man Bitcoin and he'll be feed for centuries' should this be the case, why isn't it publicizing teaching about bitcoin and feeding the man for lifetime or is there something that I'm missing here?.
6  Alternate cryptocurrencies / Altcoin Discussion / Be careful what you choose to invest in now, not all coins will recover. on: July 24, 2021, 09:05:25 PM
The popular opinion now is buy the coins that are down, and when the market recovers that you'll be in profit. While that saying is correct but that doesn't go for all coins. Don't go buying every coins you see losing value just because you think when the market bounces up, they'll follow. Majority are losing value because people are seeing them for what they truly are which are just a waste of investment and time, also a ticking time bomb waiting to explosed.

The memes you all are rushing to buy today most probably will die with this market and won't be much of a sort after coin when the next bull run comes same goes for the Defi, NFT, launchpad projects you're all rushing to get them cheap not knowing you're buying a waste. Choose wisely, follow up the project. See if their developers are working on something or just hiding behind the now popular saying, the market is unfavorable.

Project with visions uses the bear market to build as they'll be getting less distracted with the whole when moon or when binance question for those not listed there yet. The current market situation present an opportunity to research properly and invest wisely, take notes.
7  Economy / Trading Discussion / Reasons why they get it all wrong when trading. on: July 10, 2021, 05:19:04 PM
Trading is one of the many ways to participate in the cryptocurency industry and one of the most profitable ways of earning. Trading can be very profitable if you know exactly what you're doing. Traders aren't jokers therefore before you decide to become one, you have to know or have the following characteristics to help guide you. You have to be very smart, the market isn't a friend to fools. You have to be very discipline because if you're not discipline, the market has many ways of taking you off your track with distractions of fud or fomo that can make you lose focus. Here are some reasons of mine why I feel traders get it all wrong when trading.

The number one reason behind every trader picking interest in trading is to make profit, if you aren't making profit then it'll preferably to stop trading and try understanding why you aren't making profit but when a supposed trader refused to stop to reexamine themselves but continue in losses with the hopes of things turning around automatically, they get it all wrong.

As a trader you should be okay with making some losses as there's more lessons in losses than profit, a profitable traders can get so full of themselves that if they're not cautious, they could make a very serious mistake that could end their trading career. When a traders begin to get afraid of losses then they're doing it all wrong and if things aren't address in time it would result in that same losses they were afraid of in the first place.

Traders can't help it buts trust exchanges to help store their funds they used for trading but you should never over trust an exchange to keep all or very large amount of funds on them, if not you're doing it all wrong. If your trades has been very profitable, consider withdrawing some of the funds to your personal wallet as no exchange is hacked free, they can be hacked at any moment and you wouldn't want all your eggs to be exposed when the snake come attacking.

Like I earlier said, traders should be self discipline, when a trader begin to become too greedy he or she is doing it all wrong. Profit taking is a key skill every trader should learn as it's very vital in becoming a successful trader.
8  Other / Beginners & Help / Ignorance and greed, that's the cause of it all, everyone be warned. on: June 30, 2021, 06:47:55 PM
Although this warning has been said enough, still many fall victim to scams thats are very stupid, just using you common sense you should know, that offer is to juicy to be true and quite unrealistic but because the average user in the community wants to make money as fast as possible, they end up falling victim to this scammers.

Not only the newbie are falling victim to scam, everybody is not minding your experience. You might have not been fooled by the doublers but the crowdfunding scammers are making a living off milking you. Looking at the price this project are placing on their worthless tokens (since they don't have a worth yet as they're unreleased project), it's just ridiculous how people line up to buy them.

Every week there's a news of project that did ICO,IEO,IDO or whatever they call it this days, scamming investors. Yet they still have numbers of investors queuing up to invest when a new one is launched. Why, because of greed. Already there are thousands of altcoins out there why do you think the new ones coming will be better? They're just another hype project that will be dumped on the market when release.

Lets not let greed get the best of us, ignorance isn't an excuse, get yourself informed, don't go buying overpriced projects just because you want to be among the first investors so you can dump on others. Not only the newbies are been fooled, we all are and it has to stop.

9  Alternate cryptocurrencies / Altcoin Discussion / Market is recovering, what steps are you taking? on: June 28, 2021, 08:37:51 PM
Over the past weeks the market was dipping everyday that if you bought the week before, you was already at lost by the next week. This frustrating market cause may Investors to stop buying and waiting for the buttom. I just opened my binance app and noticed market is recovering, and I just wanted them know what the community at large is doing but I'll see the individual response just to pass time while we wait for full market recovery.

what are the decisions you're making now, will you wait for this new market development not to be a trap before investing again or you'll risked it and buy more coins?
10  Bitcoin / Bitcoin Discussion / Non-custodial Bitcoin wallet supporting debit card on: January 23, 2021, 07:35:45 AM
Hi guys,

I have a friend residing in Austria, he is having an interest in purchasing some good amount of Bitcoin with his debit card, but he never wanted to undergo any KYC process.

Is there any non-custodial Bitcoin wallets (not exchange) that supports buying Bitcoin with debit cards?

Please I need your suggestions,
11  Other / Beginners & Help / Pros and Cons, off using Paypal’s Service to Buy Cryptocurrencies. on: November 18, 2020, 07:10:09 AM
I stubble upon an article as I was researching on the significant of paypal getting involved with the cryptocurrencies industry. So thought of sharing them with you and hopefully if you (the readers) have addition points you can contribute to the thread.


The article says; There are many advantages to use PayPal. It’s a payment giant, with 26 million merchants and 325 million active account holders worldwide. This would be a significant move for both Paypal and cryptocurrency traders and might drive the mass adoption of crypto payment. However, how’s this cryptocurrency service work?

According to Paypal’s official news, they will initially feature Bitcoin, Ethereum, Bitcoin Cash and Litecoin, directly within the PayPal digital wallet. And the service is enabled in the U.S. through a partnership with Paxos Trust Company, a custody provider of cryptocurrency products and services.

 
Here are the pros and cons to this;

1. Custodial vs Non-Custodial
So we can regard Paypal’s cryptocurrency service the same as other custodial wallets in the present crypto market. Using a custodial wallet means your private key is stored by a third party. You don’t have full control over your funds. If your wallet gets hacked, your coins may go missing.  A negative example of custody is the recent OKEx incident. Few weeks back, OKEx’s founder was taken away by the police. Since he’s the person who controls the private key, now all the OKEx users are not able to withdraw their cryptocurrencies from their accounts. Taking account of this, some in the crypto community have expressed their rejection of this custodial feature by Paypal on social media, as they think it a highly centralized and inflexible service. And cryptocurrency is based on blockchain technology and all about decentralization. There are 3 types of crypto wallets - software crypto wallet, hardware crypto wallet, and crypto wallet service that allows users to store their cryptocurrencies by blockchain private keys.


How to know a wallet is custodial or non-custodial?
Search “wallet” on dapp.com (https://www.dapp.com/search_product/?keyword=wallet), then you will see there is a custodial and non-custodial tag put on each wallet.

And those wallets with a “buy crypto” tag means you can trade cryptocurrencies directly inside the wallet. (Playlist - Wallet with Built-in Token Swap). Wallets with “Dapp Browser” tag means besides storing cryptocurrencies, you can also use dapps inside these wallets.  Among all the wallets, the safest type is the hardware wallet, such as Ledger, one of the top crypto wallets that have passed the security audit. It double protects your crypto assets as you need to obtain both the hardware and passcode to operate.

2. Buy, Stay and Sell. No Transfer, No Trading.
If you want to use PayPal as your fiat entrance to crypto and then do crypto trading to gain profits, just forget it. PayPal is not the way that can make this come true. Because all cryptocurrencies on the PayPal network must stay there, you can’t withdraw or transfer, but only buy it by fiat and sell it for fiat. If you want to buy crypto by fiat and transfer to another account as a way of payment, no, you can’t do this either. Buy, stay and sell, that’s all.

 
3. PayPal Accounts Shut Down
Another problem is the users’ complaints about their PayPal accounts being shut down from time to time. These are some of the comments Paypal users posted on Twitter. As we’ve mentioned before, it’s a centralized platform, which means it has full control of your personal account. Unlike decentralized projects, it doesn’t need to launch a community vote to shut down your account.

All in all, with all these pros and cons, will you use Paypal to buy, hold, or sell cryptocurrencies? Tell us in the comments.

My personal thoughts are, the only pros of this paypal service is it'll increase the mainstream of bitcoin and bring about global usage and nothing more.

Official source.

Note: I did some adjustments to make the article to be easily readable and straight to the point.
12  Alternate cryptocurrencies / Altcoin Discussion / Be very cautious with your alts this period, you either sell early or hold. on: November 12, 2020, 10:21:33 PM
Bitcoin bull run has a sad occurrence that sees alts dumping in price which leads to many noobs panic selling their bags to the whales and smarter investors who knows how the market operates. While many will be advising you to dump your coins, do know they're those waiting patiently to steal those bags off you as there's another occurrence that not many tends to highlight, which is the fact that alts bounced back after the bitcoin rally are over. Don't be that user that'll regret selling their bags during the rough times instead hold unto your investment. You holding unto your investments has to have some very strong backing like the project has to be really worth it and not the hyped shitcoins getting listed on all exchanges this days. Do your due diligence and get the coins now that they're cheap because a bounce will be coming immediately bitcoin rally is paused.
13  Other / Meta / Why aren't avatar ad clickable? on: November 02, 2020, 07:18:14 PM
Good day everyone, it just came to my noticed that the avatar members of the forum wear either for their personal pleasure or as a form of advertisment isn't clickable. I noticed this after I tried clicking a user avatar that caught my attention but it wasn't clickable. I had to use the web to look for the project but immediately lots interest as it was looking impossible to find them as a result of disturbing ads. Also I noticed some users have different ads as their signature and avatar, now what benefits is the avatar to the companies buying the space if their ad aren't clickable, how do they monitor the success rate of their ad. Forgive me for my ignorance but is there some reason why this feature isn't allowed on the forum?.
14  Economy / Trading Discussion / When trading, never ignore the statoshi value of your coins on: January 14, 2020, 03:00:22 PM
Few days ago I decided to utilize some fraction of bitcoin just sitting in my trading wallet to try profiting from the market. Although I may profit when the profits was calculated in dollars but unknowingly I lost massively in Satoshi value. That means assuming I just kept hold of my coins I would had made almost the same value I made with the coins i bought. Many traders haven't realized this yet but just get carried away with the US value of their trades without realizing they lost some satosh in the process.  When training, what are you mostly concerned about, to gain more profit in bitcoin or gain more in usd dollar without minding if you lost some Satoshi value?.
15  Other / Beginners & Help / Don't put your full trust on exchanges regarding scam projects. on: August 25, 2019, 04:10:24 AM
Welcome to my thread, I'll be putting some emphasis on not trusting an exchange to prevent you from investing in scam projects that'll surely result to you losing your funds. Exchanges {most especially centralized ones) have slowly won the trust of member newbies, they now relay solely on these exchange listing decisions to make conclusion on which projects aren't or are scam, basing their judgement on just the tradable privilege of the tokens. Without further researches, newbies now come to a conclusion, "If a coin is listed on an exchange (most especially reputed ones), The project isn't a scam and such project is worth their investment either through trading or holding" and this shouldn't be the case. We have incidents in the past and we'll have move in the future involving exchanges listing worthless scam related tokens either knowingly or unknowingly. The big reputed exchanges are also guilty of this crime therefore, trust no exchange.

Most (if not all) exchange aren't interested in the safety of your funds as you assume, they're only after their profit, don't relay on just the fact a project's coin or token is tradable that make it a legitimate project to invest in. Learn to carryout more research, don't put your trust on exchange to prevent you from losing your funds to scam projects.

Some of the useful links to carrying out this research includes;

Use this link above and Google is always at your service for more research. Thank you for your time.
16  Alternate cryptocurrencies / Altcoin Discussion / ChainShift to Binance - Instant migration from Ethereum blockchain to Binance's on: April 26, 2019, 05:21:22 AM
 

It's about to happen guys, one of the Projects I picked interest in to invest is developing something that'll change the Altcoin industry for good, it goes like this;

The MoneyToken team has developed ChainShift — a service available at chain-shift.com that allows crypto holders to switch to the Binance Chain for projects with ERC-20 tokens.

The ChainShift service allows any user to freeze ERC-20 tokens and get the same quantity or the same token on a Binance Chain address.

To enable users to convert their ERC-20 tokens to the Binance Chain every project is required to apply for listing at ChainShift, define their allocation for Binance Chain and pass a smart contract audit.

Projects will also be required to place a security deposit in IMT tokens to list their tokens on ChainShift and provide the possibility of cross-chain swap between ERC-20 and BEP2 to their users.
ChainShift allows for partial blockchain switching - this means projects with ERC-20 tokens don't need to completely migrate from Ethereum to Binance Chain, but can let users decide how many tokens they need on the Binance chain, and to stay flexible in terms of maximum allocations.

This way projects can be listed on Binance DEX but keep their listings and volume on other ERC-20 decentralized and centralized exchanges. Its also opens opportunities for arbitrage between Binance DEX and other exchanges.

“When we listed BNB as a collateral token on the MoneyToken platform we immediately started seeing more demands from our community and business clients for help with Binance Chain migration, so the team worked really hard to come up with extremely fast and flexible solution.”
Jerome MacGillivray, co-founder of MoneyToken

Right now ChainShift is available as a beta at chain-shift.com working with the Binance testnet.
Source: https://medium.com/@moneytoken/Chainshift-to-binance-instant-migration-from-ethereum-blockchain-to-binance-chain-is-here-e0ad40d7aee3
17  Alternate cryptocurrencies / Altcoin Discussion / 5 alternative coins to invest now for 2020 on: April 22, 2019, 06:21:18 PM
I already have enough bitcoin but I want to expend my asset holdings into Altcoin. Now I'm a newbie and have no experience but that doesn't mean i will jump right into buying your suggested coins. I will do more research but I need guidance on the coins to look into that's why I started this thread. I'm interested in privacy, gambling and currency coins

I'll be spending more time on the alternative board now, hope I'm welcome.
18  Economy / Economics / What triggered the sudden rise in bitcoin price? on: April 04, 2019, 01:05:19 AM
Just notice my bitcoin in my wallet have increase in value but I can't find any major news after doing some research that must have triggered that price rise then remembered I have an account on BCT-talk. I have not been following up with latest news as my work is eating up most of my time but I have some decent amount of bitcoin and don't want to be left in the dark. Anyone with an idea what triggered the sudden price spike.
19  Other / Meta / This is not fair, moderator deleted my post. on: February 18, 2019, 10:01:15 PM
I notice we can complain issues relating to the forum on this board. I saw a message from Bitcoin Forum Guest that my post was deleted, it said
Quote from: Bitcoin Forum
A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

Here was my post that was deleted
Quote
Do not believe every article you see online, most of them are paid article to me Initiative Q is totally a confused company and I don't think their project will survive in such a competitive market like cryptocurrency. They can't be the next bitcoin in fact we would not have another BTC

Here is the topic it was deleted from:
Will Initiative Q be the New Bitcoin? Link: https://bitcointalk.org/index.php?topic=5064438.0

Examing my reply, the post and other posters reply I do not think it was off topic but why moderator have to delete mine, is it because I was against the company?
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