I read somewhere in this forum, I can't particularly place the section but the person said, there's no one in this century who hasn't heard about Bitcoin and who doesn't know the future it holds for us and I was of the opinion that that can't be true.

Judging from my immediate family, I could tell my parents may know that there's something called Bitcoin and that's because myself and siblings hold random discussions about it.

Going through my Facebook account yesterday, I also discovered a very funny trending hilarious video that support my notion.

https://www.facebook.com/kobokocomedian/videos/1312697769656434/?app=fbl😂😂😂

Something happened in my locality and I just wonder if that's how we also behave in the online space.

So, they're always a group of rougues in my country, they're often sited in the market place where there's a reasonable population, what's their work???

The have things in a martch box like stones and sticks, they'll ask you to pick the one out of it that has something, depending on what the want....

At first, when you pick, they'll let you win so as to drag your attention, then subsequent tries, you'll be at the losing side and the make sure the drain your pockets entirely.

So, just last week, this lady fell a victim and she was shouting and crying, the had obviously emptied her pocket and even gotten her phone from her in the process of the gambling.

My thoughts, is this how we often feel when we lose out on a bet??
Do you wish the site can refund your money??

Gambling should be your choice, you shouldn't let anyone compel or persuade you into it.

Nothing good comes easily, I've doubted the truth in this statement for a while now and here am to ask, who else believes in the statement or wgp doesn't, whichever way, why??

I do not know if this is appropriate here but, I hope it informs you better.
Cryptocurrencies have become a popular and highly discussed topic in recent years, with Bitcoin being the most well-known and widely used. However, alongside Bitcoin and other established cryptocurrencies, there is a growing number of alternative cryptocurrencies, often referred to as "shitcoins." These cryptocurrencies are often created with little to no technical innovation or practical use cases, and their value is often driven purely by speculation.

Shitcoins are often characterized by their low market capitalization and lack of liquidity. They are usually created by individuals or small groups who are looking to capitalize on the hype around cryptocurrencies and make a quick profit. These individuals often create coins that are marketed as the "next big thing" in the crypto world, but in reality, they offer little value beyond being a speculative investment.

One of the most significant issues with shitcoins is the lack of regulation in the cryptocurrency market. As there are no central authorities or regulatory bodies overseeing the creation and sale of cryptocurrencies, it is easy for scammers to create and promote fake cryptocurrencies. The lack of regulation also means that there is no clear way to distinguish legitimate cryptocurrencies from shitcoins, making it challenging for investors to make informed decisions.

Another issue with shitcoins is the potential for market manipulation. As many of these coins have low market capitalizations, it is relatively easy for large investors to manipulate their prices. This manipulation can lead to significant price fluctuations, which can result in significant losses for investors who are not aware of the risks.

While some shitcoins may have legitimate use cases, the majority of them are created solely to make a profit for their creators. These coins often lack the technical innovation and practical applications of established cryptocurrencies like Bitcoin and Ethereum, and their value is often driven purely by hype and speculation.

In conclusion, shitcoins are a significant issue in the cryptocurrency market. They are often created as a quick way for their creators to make a profit, and their value is driven purely by speculation. The lack of regulation in the cryptocurrency market makes it challenging to distinguish legitimate cryptocurrencies from shitcoins, and investors should be aware of the risks before investing in any cryptocurrency.

Source: https://chat.openai.com/c/0f4921a4-1edd-4337-8ba9-299037e59972

No one's talking about the fallen hero?
Especially that of 5th March, which has left so many utterly surprised, how man u which was known for its so many wins could lose to Liverpool with such striking goals is something to recheck.
Did anyone bet on their win?
I personally did though I didn't monetize it, so no lose.

Just as the crypto industry is expanding and getting local adoption from individuals, co-operations, organisations and few countries  the same rate at which we have crypto enthusiast increasing in number which i see so worrisome and also a call for major concern. Reason been that as more people get involved in the crypto business the more scammers are likely to increase their technique and the more scammers get recruited. Staying off scammers path will require been well informed of their every new technique the can ever deploy against their potential victim.

To stay off scammers path users must

• Avoid phishing links
• Never invest in a project without a well structured community
• Pay close attention to the engagement within the community for suspicious activities
• Ensure you assets are off CEX

What will you like to add  to this?

Russia, one of the global bodies who practice and engage the use of crypto currency has proposed a ban on it, stating fears as it(crypto) being a threat to digital currencies and also poses a threat to financial stability.
  Vladimir Putin, president of Russia has decided that the  proposed ban will be necessary as it will be able to curb financial insecurities. Mean while, Anton Siluanov, Finance Minister, is hoping there can be ways to iron out disagreements and that a bill be passed into law regulating cryptocurrency.
  He is also of the opinion that should arguments ensue over the proposed bill, arrangements for it will be prolonged but is still hopeful that the President will agree to a consensus.

I just thought to share this as it came into my mind, having the knowledge that so many persons would go into spending this period in the name of having fun and enjoying the fruits of their labour since the beginning of the year, I just thought to share it with y'all that after this season, your normal life begins and then how bad or good you where able to handle this season would Dawn on you.

Don't go into impressing anyone so they'll see that you've made it or arrived at your financial freedom, only spend what you're sure to be able to spare, above all ensure to spread love to each and everyone for that is the essence of the season.

Happy Christmas fam♥️

That's because no single person or group of persons is or are in control of Cryptos, it's called Blockchain technology

It's a decentralised system meaning money sent or received from or to an account can be seen or monitored by everyone or anyone who wishes to

Unlike your normal bank that has CEO who decides how he wants to run his business, he can collaborate with the president to Syphon millions of dollars and no one will know about it

In the Crypto space, such is not possible because any amount that leaves your account can be monitored and traced by anybody at all

So stealing with Cryptos is almost not possible

And again, Cryptos rise/fall every second, but the chances of rising is higher

That's why Bitcoin of $10 today can turn $14 in 14days time but your $10 in the bank will reduce to $9 after bank charges

So a time will come when everyone wouldn't want to be cheated again by the banking system and would move to using Cryptos for Saving money and other transactions.

 There are basically two types of trading on binance generally (SPOT trading and FUTURES trading

📌 Spot Trading: you buy any coin of your choice at any given rate, you HODL for it to rise higher, you sell at any point you feel it has risen enough

📌 FUTURES trading: you predict whether a particular coin is going to rise of fall in price, if it goes in opposite direction from your prediction, you lose your money and your coin

Note: In SPOT trading, you can never lose your coin, the worth of your coin can only reduce but your coin remains to rise again in worth when the market goes green.

1) you don't always make profits, they're huge losses too, I've lost $300 twice in different occasions, so it's not always Rossy, there are hard time too.

2) Trading Cryptos need PATIENCE, I once lost over $10000 just because of lack of patience, the coin wasn't moving well so I sold it, 5days later, the coin did exceptionally well that I would have made 5Million if I had left it for a bit longer, so Patience is very necessary.

3) You need a mentor, mentors helps to analyze the market and tell you what coin to buy, when to buy it, what coin would pump in the nearest future and the coin that'll delay in pumping.....
As a newbie, if you decide to do all this on your own, you may be running at a lose.

4) You need to be obedient and humble, it's one thing to have a mentor and another thing to take heed to their Instructions and advice.
Most times we just want to act differently from what the ask you to do thereby running into unnecessary loses.

Yesterday was a trading fun day for forex traders with the release of NFP news at about 8:30am EST. Could there be a similar day for cryto traders where a news would pop-up that could cause a major spike that would even make novice traders make huge profits prior to the news.

I know Crypto news can pop up at any time same has forex trading but in forex a beautiful day is set aside specifically for fundamental analyst to partake in the market volatility can't we have a similar day for cryto traders so we get ready to invest on the said day to take advantage of the spike once the news is released

Corei7 processor

Lately many crypto Marchant interchange this words most often and so many argument has arisen to which category Bitcoin belong to. some are of the opinion that business and investment mean the same thing and as such Bitcoin can be regarded as both it can be said to be a business and at the same time an investment. Another fraction of investors are of the opinion that bitcoin can be regarded as an investment or a business depending on how you go about with the coin in your wallet. This has given me lots of deep thoughts to which direction I should draw my conclusions on.

Different crypto investors do a whole lot around the blockchain technology but majority of the cryto players are more into holding which could be seen as a form of investment. When we consider the business in cryto generally we consider the exchangers and traders alike since the make profit from portfolio income.

I personally see investors as passive earners since the work smart as their investment works for them. Bitcoin over the years has attracted lots of people into the crypto world since it promises a passive way of earning and many switched fully into cryto currency some other fraction left their paid jobs to concerntrate fully on cryto while others added this as a side hustle. No matter the category of cryto players investments and business shares a tin line of difference since business makes you buy and sell with the intention of making little capital while investment requires you buying and holding it for a period of time so it can appreciate in value. Investment makes you earn passively without much effort or technicality all is required of you is patience while it appreciates over time.

I would love to get your views on this.

Every sector has it's own coined out terminologies only common to people who share the same visions and operate the same venture so is the case of the blockchain industry where crypto gurus use diverse encrypted words to express their state of mind as well as their investment prowess.
Some of the common words used include:

Code:

[b]
Address
In digital currency, an address is basically a destination where a user sends and receives digital currency. In a way, it is similar to a bank account.[1] These addressses usually include a long series of letters and numbers.

Altcoin
An altcoin is a digital currency other than bitcoin. There were more than 1,000 altcoins listed on data source CoinMarketCap at the time of this writing.[2] Another way of describing the term "altcoin" is referring to it as an alternative protocol asset, meaning that it follows a protocol (set of rules) that's different than that of bitcoin.

Arbitrage
In crypto, arbitrage refers to taking advantage of the price difference between two different exchanges. If bitcoin is selling for £8,950 on one exchange and £9,000 on another, a trader can buy the digital currency on the first exchange and sell it on the second for a modest profit.

ATH
"ATH" is an abbreviation of "all-time high." This term can be quite helpful to know for tracking the digital currency markets. These assets are so volatile, so keeping their ATH in mind can prove valuable. A digital currency could potentially hit several local highs before rising to a new all-time high.

Bear/Bearish
"Bears" believe that an asset, for example a digital currency, will decline in value. Another way of putting this is that if a trader thinks a cryptocurrency will depreciate, their sentiment surrounding the digital asset is "bearish." In many situations, traders will make use of this expectation by taking a short position on an asset, meaning that they will make a wager that will pay off should the asset in question fall in value.

Blocks
Many digital currencies make use of blocks, which contain transactions that have been confirmed and then combined together.

Blockchain
The blockchain, which is a distributed ledger system, consists of a series of blocks. These blocks contain verified transactions. The blockchain was designed to be not only decentralised, but also immutable, meaning that entries could not be erased once placed on this distributed ledger. The idea of the blockchain was first introduced when the bitcoin white paper was released in late 2008.[3]

Bull/Bullish
If a trader believes that an asset will rise in value, he or she is a "bull." When an investor has this optimistic expectation of an asset's future bull, this frame of mind is described as "bullish."

Consensus
The network for a digital currency reaches consensus when the network's nodes agree that a transaction took place. This agreement is crucial if the varying network participants (nodes) are to have the same information. In other words, consensus is crucial to distributed ledger systems.

Cryptocurrency
A cryptocurrency is merely a currency that relies on cryptography. Bitcoin, for example, leverages cryptography in order to verify transactions.

Cryptography
Cryptography is basically the process of encoding and decoding information so that would-be observers are unable to understand the information being sent.

DDoS Attack
A distributed denial of service (DDoS) attack takes place when multiple parties work together to overwhelm a system by inundating it with either requests for information or malicious data.[4] Basically, the nefarious parties involved in such an attack want to prevent a resource, such as a server, from being able to provide some specific service, such as serving a web page.

Some digital currency exchanges have suffered DDoS attacks from nefarious parties looking to cripple these marketplaces and hopefully take advantage of this vulnerability to steal cryptocurrency.[5] While efforts to steal digital assets may not work, an exchange's users could become unhappy simply because they cannot make trades through the marketplace.

Distributed Ledger
A distributed ledger is a system of recording information that is simply distributed, or spread across, many different devices. The blockchain, for example, is a distributed ledger that was originally created to keep track of all bitcoin transactions.

Escrow
Escrow refers to a third-party holding financial resources on the behalf of other parties.[6] A third-party would hold funds in escrow when the other entities involved in a transaction may not trust each other.

Fiat Currencies
Fiat currencies are currencies that have value because they are minted by a central bank. Fiat means "by decree," and these currencies have value because some central authority has decreed that they have monetary value. Examples of fiat currencies include the British pound, euro and Japanese yen.

Exchanges
Exchanges are basically just marketplaces where traders can make digital currency transactions. If a person wants to buy bitcoin, going to an exchange is the fastest way to accomplish this objective.

FOMO
The term "FOMO" stands for the phrase "fear of missing out." This occurs when investors start buying up a particular asset based on their expectations that it will rise in value. Market participants can easily flock to an asset should that asset experience sharp gains.

Getting caught up in FOMO can be dangerous. More specifically, buying up an asset because it has recently enjoyed some notable upside can cause one to fall victim to market manipulation.

Fork
A fork is a change in a digital currency's rules or protocol. Developers update a cryptocurrency's protocol from time to time. A fork can be either a hard fork or a soft fork. A hard fork is a change to a digital currency's protocol that makes blocks created using the old protocol incompatible with the new chain.

FUD
Fear, uncertainty and doubt can be summed up using the term "FUD." The idea behind this is that market participants may spread misleading or inaccurate information in order to cause an asset's price to decline. A trader may want an asset's price to fall so they can either short it successfully or buy in at a lower price and increase their chance of generating a gain.

Hard Fork
A hard fork is a type of fork that creates a permanent change to a digital currency's protocol, or rules.[7] When one of these forks takes place, it results in a whole new blockchain, which will not accept any blocks mined using the old rules.

The old chain can survive, however, leading to a scenario where both the old and the new blockchains can continue.[8]

HODL
Cryptocurrency investors developed the term "HODL," which stands for "hold on for dear life." The acronym originally came from a misspelling of the world "hold."[9] Digital currencies can be highly volatile, so when they start experiencing significant price fluctuations, some market participants state that they should simply "HODL."

Initial Coin Offering
An initial coin offering (ICO) represents the first time that an organisation offers digital tokens to the public in an effort to raise money. Companies frequently hold these offerings so they can finance projects.

These digital token sales have often been likened to initial public offerings (IPOs), where companies sell more traditional assets such as stocks and bonds in order to raise money.

KYC
KYC stands for "know your customer." Many jurisdictions have KYC regulations, which have come to affect startups holding ICOs. These regulations require companies holding these digital token sales to verify the identity of their investors.[10]

Long/Long Position
Going long, also known as taking a long position, means making a wager that an asset will rise in value. If a trader purchases a digital currency like bitcoin, for example, they are making a bet that the cryptocurrency will appreciate.

While simply buying digital currency is one example of taking a long position, there are other methods available. For instance, traders can leverage options and futures.

Market Cap
Market cap is short for market capitalisation, which is a term for total market value. The market cap of bitcoin, for example, is the number of BTC outstanding multiplied by the digital currency's price. The term can also be used to refer to a group of digital currencies.

Mining
Mining is the process for creating new units of a digital currency. For example, the bitcoin network releases new bitcoins every time a block is mined. In this instance, mining involves confirming transactions and combining them in to blocks.

This verification requires hardware and electricity, and miners are rewarded with digital tokens for contributing these needed resources.

Mining Incentive
The mining incentive is a reward that miners get for confirming transactions and mining them in to blocks. Verifying the transactions of the bitcoin network, for example, requires specialised hardware and substantial electricity, so miners are compensated with a mining incentive.

Initially, bitcoin's mining incentive was 50 BTC, but at the time of report, the reward had dropped to 12.5 BTC.[11]

Moon/Mooning
When a digital currency moons, that means it rises sharply in value. For example, a crypto trader could talk about how an altcoin is going "to the moon!"

Noob
Newcomers are frequently described as "noobs" by industry insiders. If you are this person, you may want to sit back and observe before "jumping in with both feet." Digital currencies are highly volatile, so those who are newer to these assets should keep their risky nature in mind.

POW
POW is an acronym for "proof of work," which is a system of proving that a digital currency's transactions have been verified. Many digital currencies, including bitcoin, use POW. Under such a system, miners must do "work" that is difficult for them to contribute, but easy for the broader network to verify.[12]

Miners are usually rewarded for verifying transactions by receiving units of a digital currency.

POS
POS stands for "proof of stake," which is another method of confirming transactions. The digital currencies that use this approach to verification frequently provide all their digital tokens up front, and miners are selected based on how many units they have (their stake).[12] In these cases, users who confirm transactions, sometimes referred to as "forgers," receive transaction fees for their contributions.

Private Key
A private key is a piece of information—presented as a string of numbers and letters—that an investor can use to access their digital currency.[13]

Public Key
A public key is an address where an investor can receive digital currencies. This public key, like the private key, is a combination of numbers and letters.

Pump and Dump
A "pump and dump" is a type of investment scheme where a market participant—or several—work together to inflate the price of an asset so they can sell it when its value is artificially high. This practice may be particularly pervasive when it comes to digital currencies, as traders can easily get together using Telegram groups with the goal of causing specific cryptocurrencies to rise sharply in value.[14]

Rekt
The term "rekt" is crypto trader slang for "wrecked." Basically, it means that a trader lost substantial amounts of money.[15]

ROI
ROI is short for "return on investment." Basically, if an investor puts their money in to a digital currency, they are doing so with the hope that they will receive a compelling return.

Satoshi Nakamoto
Satoshi Nakamoto is the pseudonym for the creator of bitcoin, and more than one individual has claimed to be Nakamoto. However, none of these claimants have managed to convince the broader cryptocurrency community that they are, in fact, the creator of bitcoin.

Short/Shorting
Shorting an asset, also known as taking a short position, means making a bet that the asset will fall in value. There are several methods that traders can use to short digital currencies, including futures, options and margin trading.[16]

Investors considering this method should keep in mind it involves a lot of risk, especially with cryptocurrencies because of their volatile nature.

Token
A digital token is a unit of a digital currency, such as a bitcoin. It is worth noting that some of these tokens are used for specific ecosystems, and those are frequently referred to as utility tokens. Other digital tokens are essentially securities.

Whale
The term "whale" is used to describe a trader who makes sizable bets. This term is a good one to know because market participants with the ability to execute very large transactions can potentially manipulate the market—or "make waves in the ocean."

White Paper
The developers who create digital currencies usually provide white papers for these innovative assets. These documents generally offer comprehensive information on the digital token in question, as well as its underlying technology.

For example, the bitcoin white paper provided information on a "peer-to-peer electronic cash system."[17] Investors who are considering taking part in ICOs can benefit greatly from reviewing any available white papers on the subject.

[/b]

Summary
Before investors think of investing into cryto currency it's wiser he or she gets acquitted with this terms and phrases. Because this would be a good guide during personal research about certain coins you might likely want to invest in and also it will serve as a guide towards how you go about your investment and the mission behind the coin you intend investing in thereby limiting losses.


Source: https://www.fxcm.com/za/insights/the-most-popular-cryptocurrency-terms-and-phrases/

Coming this far I must confess took me by a huge surprise. I almost gave up the quest considering how much effort I needed to make a constructive post that could attract a comment atleast. I got my motivation after my first merit from @coolcryptovector, followed by @omegastarscream, then @cryptopreneurbrainboss I then knew I was actually making some sort of progress and needed just a little more effort to make my post more appreciable.

Gradually I got more recognition from @Rruchi man, @Desmong , @masplanc it's indeed an adventure for me getting to interact with Noble people all over the world learning new concepts and been opportune meet with people who have explored the crypto Haven. I must confess the few months I have spent on this forum has sharpened my understanding about crypto currency, it's origin, major investors and things happen around the cryto market. I can as well be a tutor to a newbie who would also seek guidlines on how to go about crypto currency in general. I still have a whole lot to learn but I think I'm far better compared to when I joined the forum

Lastly I would still love to appreciate @Halab who did the catapulting. I feel some sense of belonging at this point with full enthusiast to explore more. Nothing encourages more than when you find out progress is been attained with little effort it triggers the hunger to yarn for more. I feel so overwhelmed. Thank you all for having me on the forum

We are experiencing great evolution and the world at large is has come a long way on inventory, creativity, digitalization and mordernised trends. Gold which was once the order of the day has been hidden by crypto evolution. Prior to this metals dominated the digital world of asset accumulation but crypto currency has taken over the order of the day. What do we expect by the next century.

Currently different crypto projects are rapidly on the increasing demand and lots of cryptographers has their hands on deck constantly working on different projects just to keep the crypto industry valuable with higher demands from investors all across different regions.

What do we really expect after this era.  I'm on a great research to discover what the next century would look like I believe different software engineers are constantly doing tudious research and developing different encrypted block of codes in preparation for another century. Taking a closer look at how evolution evolved from the point of different forms of currency representation.

• trade by barter
• metallic coin
• paper currencies(fiat)
• digital metals
• digital currencies[\li]
  

How time flies what do we expect next. Man is really exploring, do you think the human  creative mind is exusted

Every true trader has a target he/she wishes to hit a day for day/week depending on the kind of trader such person is. Some loves day trading while others enjoys holding position for a longer period of time. Irrespective of the kind of trader you are  do you stick to your trading plan? Or you just allow your greed and emotions play out during your trades. Trading entalils lots of dicipline and without dicipline even a professional analyst would fall prey to the market. Making profits but end up loosing out every thing because of greed and high expectations .

In as much as trading isn't gambling we can only trade according to the trend and make profit from it and as well withdraw once we get a reversal signal that the present trend is coming to an end. Most often traders neglet using stoploss the just allow their trade retrace the way it likes but the tend to forget different factors might play out during their trades like:

• 1 power failure for developing countries
• 2 lack of internet access
• 3 Intraday activities

If trading is to be regarded as everyother business opportunity then proper risk management has to be adopted just the same way a boutique store would handle his wears to avoid them from fading away before customers comes for them. Traders has their personal entry trigger which gives them a stronger confirmation of where the market is heading with time but for the sake of greed and lustful gains the enter a market that has a reversal pattern which is not clearly formed and end up with a fake out which leave them with losses.

Adopting dicipline will playout a long way In maintaining a clean sheet of day to day trading scores for a very long period of time execpt maybe on few cases when market behavior steps in which might trigger your stop loss and kick you out of the market before going it supposed direction. In all it would be beautiful idyou print your trading plans out. Preview them each morning before you set out to analyze any of the markets so as to keep your profit margin maintained over along period.

I have been here for quite a while studying the gambling thread to understand if there are restrictions to female posters on gambling although I haven't found limitations on the forum so I guess this is inverably giving me the open slot to do my predictions and engage in spots betting as well as casino game discussions without been any form of negative trust.

I so much value my participation on the forum and I dream of utilizing this noble forum to get proper knowledge about the world that revolves around me. I believe this forum is a better avenue to explore every continent as well as the games mostly played in such areas.

Gambling most especially on casino games sych as poker, blackjack, monopoly and a few others where i would love to engage more in getting invloved in interesting thread on this area as well as create interesting thread as well . Hope I'm welcome to the world of open gambling and games discuss

I once owned an electrum wallet and generated a seed phrase with 12 words. Currently I can't find my those words where I wrote them down and I didn't save it any where on my device. Before then I never bothered about those words because I felt once I have my userID and password I can assess my wallet from any device at any point in time not knowing the significance of this words

Could there be a recovery option for seed phrase or a seed generation alternative where I would be allowed to generate a new seed so as to access my lost account. I believe every data online should have a means on backup and recovery. Would seed phrase act differently? Why create a wallet for users if it doesn't have a way of helping them recover lost or stolen wallet.

In a cases where someone misplaces his seed phrase and still has his wallet accessible could there be a way of regenerating a new seed phrase for such wallet to avoid loosing the funds in the future. In all wouldn't it be more beneficial to store your coin with an exchange wallet where you wouldn't need to generate any form of seed phrase since all that is required is an email address and password.

so many has lost their coin just because of seed phrase. Which has made so many who bought coin as early as 2009-2018 who would have been celebrating their success frustrated. I know of a friend who was given 1000satoshi way back 2010 after he did a transaction and his client was unable to payback. His client ending up compensating him with the coin. But currently he cannot access his Trust wallet because he misplaced the seed phrase given. Does it really mean he has lost 1000 satoshi and can never recover it back if he can't find where he wrote them down?