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1  Bitcoin / Bitcoin Discussion / CZ Sentenced, Your Bitcoin in their Custody on: May 01, 2024, 07:24:02 AM

https://twitter.com/BitcoinMagazine/status/1785384669812273570?t=ZGZzfngY_UpyDCLbq4hWTA&s=19


What next after four months,

On Tuesday, the Binance CEO CZ was sentenced to four months imprisonment all on the charges of allowing for the participation of illegal money laundry from his exchange Binance, the US government gile a lawsuit against him and charged him, same way they habe been clamping down of other privacy means in which bitcoiner can use to achieve thier goals, i don't wa t to mention the keyword bit we all know about the recent ban thst took effect since January 1st of this year 2024.

With all these happening, I suggest we should be reminded as bitcoiners on what we are made for and should not loose focus on how we can achieve our target with the use of bitcoin for our financial economy in all modules of it's applications Privacy should be our heritage with bitcoin, using centralized exchanges is the weakest means to have it, because the governments will be after you when you're under a centralized exchange, they have all your details with them.

Every bitcoiners should understand why they need to have in custody their own digital financial asset and not with third parties like exchange ss, they can be attacked, hacked and if any of these happens, our asset with them are gone, we should learn to avoid the use of exchange, hold our bitcoin on cold storages and remember that not your keys not your coins still ever remains verdict in bitcoin network.

2  Other / Beginners & Help / Precautions For Safety This Yelutide Season on: December 01, 2023, 07:50:42 AM
Don't loose your money for chasing after the Air

Let me start by wishing everyone a happy New Month, it shall be a profitable one for us all, this shall be a month of restoration of every of our lost fortunes, I have a subtle advise for everyone and this concern the old and new members, we are in the festive season where the annual Yuletide celebration is being marked and many of us would have also set a target of making money at this period because we are very aware of many opportunities and offers that comes together with the December period.

Every cryptopreneurs should be very careful with their investments, don't be too forward in making an investment on a newly introduced crypto projects this season, especially the newbies, make adequate and necessary research before making an investment, also try as much as possible not to rush into many promotional offers from unrealistic projects, influencers or low reputable organizations you don't know much about, make research and take your time before investing.

There's no father Christmas anywhere, may people are loosing their money all with the aim of them making more to it through what they found online, we must not be too attracted to high promising offers that are too much to be real, if you must Invest, go for bitcoin, avoid unnecessary hyped altcoins, the way they rises they also comes down, be careful on other promotional offers, many are scam, they only want to waste your time or deceive you into making payments with them first and left you empty, avoid links and downloads that are unsolicited.

Lastly, be contempted with what you have and make wise investment out of what you have earned, use a non custodial wallet for your digital assets, remember that not your keys not your coins.
3  Bitcoin / Bitcoin Discussion / Bitcoin Mining with the use of Natural Gas on: November 04, 2023, 05:57:46 AM
Argentina Presidential candidate, Sergio Massa said that he will begin bitcoin mining with the use of the natural gas which are in excess from the oil producing fields, he's one of the presidential candidates across the world aside the other candidate for US presidential race that have shown interest in bitcoin and wish to render every of their necessary support to see that it's adoption is widely available for everyone to make decision on.

I Think they should make an impact towards providing a suitable regulations that permit the soft flow of all cryptocurrencies activities rather than kicking against them when they emerged into office, what do we have to day, is this with the personal motive of achieving their own political interest or they really want to see bitcoin and cryptocurrency taken to the next level.

Also remember that bitcoin mining had suffered alot from the hands of governments being tagged environmental disaster and we need people like this to help defend and provide alternative to the utility of excess natural gas in mining bitcoin, solving the environmental waste of these resources and making them effective for use in bitcoin mining instead of depending on the power grid.
https://twitter.com/BTC_Archive/status/1720411991083233480?t=C9yuvtD-AYtc1Lde-r6eTQ&s=19
4  Bitcoin / Legal / Legal Action Against Ben Armstrong on: August 29, 2023, 07:49:33 AM
Ben Armstrong got fired from BJ investment after a concluded legal action was taken over him from the management team over his consistent abuse and addictions in taking prohibited drugs which had affected his personal human relations and the way he handles the job economy and financial aspects under Bitboy Crypto and Hit Network, they could not afford to bear or sustain his stay anymore with them than to render him going in other for him to get himself coupled up together.

https://twitter.com/WatcherGuru/status/1696214485566881991?t=vNRHe5kij-GT2eBMtqzNXQ&s=19



5  Alternate cryptocurrencies / Altcoin Discussion / Avoid Airdrop Scam on Trust Wallet via Links on: August 24, 2023, 11:49:43 AM
Trust Wallet users should be on alert over this recent way of scam introduced on trust wallet via link address.

NFT are not the bad actors in scam, people make use of them to launch attack on users by introducing infiltrating malwares, phishing sites, malicious links and downloads through the introduction of new NFT to intending and potential investors in cryptocurrency, you can see what appears on the scam alert hinted with the use of trust wallet, user's should be careful.


https://twitter.com/TrustWallet/status/1691044904489865216?t=nXtbSD_aiUuAgjncZ3ZWyw&s=19

Beginners beware of Airdrops that will redirect you to their website through the provided link around the shiny coins you see on your wallet, where you will be required to fill in informations in other to claim the reward, follow the instructions as provided above and avoid their website as it leads to scam if any information is provided.
6  Economy / Reputation / Hal Finney's Last Post on Bitcointalk on: August 12, 2023, 08:15:51 AM
Its exactly 10 years 3 days that we had the last experience of our dear beloved pioneer and cypherpunk Hal Finney in making his last post on this forum https://bitcointalk.org/index.php?action=profile;u=2436;sa=showPosts, it's on a great event that such a day was the last time we hear from him on this noble community bitcointalk before he embrace the last journey in meeting with his ancestors, his last active time was in March 29 2017 on his profile every bit of his posts were what we can always reference to till this day, he has laid down the foundation together with Satoshi and not a bit of their efforts is rendered useless today in bitcoin, most of what we all have to post and talk about were inspired outcome of their contributions and posts on this forum that we lay more emphasis on today, Rest on Hal.


7  Economy / Economics / Crypto ETF Outrightly Perform over other Equities on: August 12, 2023, 07:35:48 AM
Bitcoin ETF Outrightly Perform over other Equities

Maybe it time to then realized that the most trending exchange traded funds are the ones under the blockchain technology with the influence coming from cryptocurrency and bitcoin is their major targets, which also implies that bitcoin and other crypto related ETFs have shown an outright performance against others with an increased equity performance this year, statistics data analyze tgis in details.


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8  Bitcoin / Bitcoin Discussion / What Bitcoin Phase are we on: August 11, 2023, 12:12:03 PM
What Bitcoin Phase are we currently at?

There are four stages or cycles in cryptocurrency market and we need to dig deep into them one after the other to know where we are currently, they are as follows:

The Accumulation Circle
The Markup Circle
The Distribution Circle
The Markdown Circle
https://www.ledger.com/academy/crypto-market-cycles-how-to-read-them-why-they-matter

I heard of an article that talked about being on the fourth bitcoin market cycle which is the bear market that renders the market to go dip the more while some have pointed out that we are already going out of the dip with bullrun in anticipation, the chart below actually give more narrative on the preparedness for the markup phase for bitcoin bullrun to begin gradually.

https://twitter.com/BTC_Archive/status/1688601671188819968?t=4KOaK4Gniahiws_TMYDrGg&s=19


Considering the upcoming event of bitcoin halving next year, could we judge that this journey is about to begin with the market going dip or the current situation is to incidence the begining of the rise of bitcoin for a bullrun.

9  Economy / Speculation / Bitcoin Market Price in Respect of News on: August 09, 2023, 11:13:25 AM
There's more to say and discuss on how the influence of news could alter the market price for bitcoin even though this may not be much felt but the impact of news has its own little way of contributing to the bitcoin market price, information reaching that the FED take a new dimension on bitcoin approach seing it as a currency and given it due recognition in cryptocurrency might be the reason for the shift we had as seing that bitcoin gets to $30,000 few hours ago before coming down to $29,880 what are your opinions and thoughts on this.

https://twitter.com/BitcoinMagazine/status/1689020443091460097?t=TAvL7VkY61CjyiTxhPjU2A&s=19
10  Bitcoin / Bitcoin Discussion / Bitcoin Mining is friendly to the Environment says MIT on: July 27, 2023, 10:31:16 AM
The MIT research team has made the discovery that bitcoin mining solves the climatic and environmental emissions of gases like methane by creating an overall balance for the full utilization of this gas from the electric grid ror an effective use for bitcoin mining after being converted to a useful required energy for bitcoin mining, this comes in use against the inefficient use of natural resources emissions into the environment while maximizing it through the mining process of bitcoin.

https://twitter.com/DocumentingBTC/status/1683130025124438016?t=M2KSGXuzc4NMNM_I44V9SQ&s=19
11  Other / Beginners & Help / More exchanges shutting down, Hold your Asset with You on: May 05, 2023, 09:34:36 AM
I got the motivation to write on this from Recent events should make you withdraw all your coins to your own wallet: Part 3 when i came across the news on crypto exchanges shutdown in Ukraine, if you're still using a centralized exchange, then read about this recent event happening in Ukraine as the US Cyber security Personnels bring down about nine (9) cryptocurrency exchanges for lack of being regulated along with other deformities in compliance to the government policy for their operations https://news.bitcoin.com/ukraine-us-shut-down-9-cryptocurrency-exchanges/ come to think of it if you have your bitcoin or any other cryptocurrency with any of this exchanges, all will definitely go lost because you have no access to control over them, this makes it ore very crucial and paramount that we make use of crypto wallet that gives us control over the private keys to the wallet we are use.

Why you should avoid Centralized exchange

1. They can be attacked by hackers
2. Your privacy is not guaranteed in them
3. They are third party/centralized institutions and work policies for their own interest
4. You will be subjected to KYC, AML and other governments cyber operational agencies
5. You can be traces and tracked down through the information provided for your KYC
6. They have same functions and disadvantage as using a centralized financial institutions (banks).
7. They can go bankrupt and you loose your entire investment with them

Recommendations for the storage of your cryptocurrency assets

1. I will recommend an Open Source Hardware Wallets, find below some good examples below from threads created and discussed on the forum here https://bitcointalk.org/index.php?topic=5288971.0

2 . Bitcoincore is very good for your security measures over your asset and you can connect the software to run bitcoin node, for more details, check the link below
https://bitcoin.org/en/bitcoin-core/

Additional informations on these are high welcome from experienced members of this community.




12  Bitcoin / Bitcoin Discussion / Adopt Bitcoin or keep Experiencing same Challenges with Banks on: April 29, 2023, 08:03:38 AM

https://twitter.com/BitcoinMagazine/status/1651979784555986948?t=CpgXrTvClaIShFGipwOrJQ&s=19

Another reason to think twice about using banks or any centralized institution to have our asset in custody, exercise control over them, denied us from having access to our assets, leak our private information and take down all our hard earned labour earnings we have secured with them or take advantage of a decentralized network with your investment in bitcoin and have full control over your financial assets.

Now that the bank is at the verge of going down completely due to a sudden withdrawal of it investors, this gives more closer attention to using a traditional fiat system and embrace the new era of digital currency with bitcoin, such a decentralized network is what people feels more secured because you can have full control over your financial lives, investing in banks is no more an interesting thing to do than taking a big risk on investment having several recent examples of centralized institutions going down.


13  Other / Politics & Society / Arise O Compatriots, Nigeria's Call Obey on: October 01, 2022, 06:41:14 AM



Arise O Compatriots, Nigeria's Call Obey

Today 1st of October 2022 is another epoch of Nigeria's Independence Day celebration which makes it exactly 62 years of freedom and liberation given by the Colonial British Empire in 1960 and then became a Republic in 1963 as Nnamdi Azikiwe became the Head of State which is the first President while Sir Abubakar Tafawa Balewa has been the prime minister since 1957 right before the indepence, While the name Nigeria was suggested by a female journalist named Floral Shaw and if we must express our gratitude over the British Empire then the first to acknowledge is the end to Slave trade.
Nigeria was colonized between the period of 1914 to 1954 before it was handed over to the northern and southern protectorates federation  in 1954 to 1960.

History cannot forget our founding heroes right before independence to when it was given, they were those whose impact was felt and will always remain unforgettable in their struggles for Nigeria's independency.


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First Governor-General of Nigeria Sir Frederick Lord Lugard
1 January 1914 to 8 August 1919




British Monarch as at time of Independence was Her Royal Majesty, Queen Elizabeth II of England
 1952–1960




First Nigeria President
Nnamdi Benjamin Azikiwe, GCFR PC 
1 October 1963 – 16 January 1966



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Nigeria is blessed with abundance of natural resources, fertile agricultural soil, green grass and a good atmospheric conditions for a living and is blessed by three major indigenous languages Yoruba, Hausa and Igbo with English as it official and general spoken language among other indigenous local tribes with about thirty one millions population, we can not go without appreciating all our founding heroes, fathers and leaders not mentioned but have struggled altogether in making the nation stand as one country despite various ethnicity challenges emancipated from the world war II and the numbers of lives lost at the cause, also we cannot forget the lives lost through EndSARs: The movement for police reformed as a result of police brutality in NiG which is the 2020 END SARS movements across the federation and the impact of its youths in waging war against corruption and police brutality, may their souls rest in peace. God Bless Nigeria!

Quote
Nigerian National Anthem

Arise, O compatriots, Nigeria's call obey
To serve our fatherland
With love and strength and faith
The labour of our heroes past
Shall never be in vain
To serve with heart and might
One nation bound in freedom, peace and unity.

Oh God of creation, direct our noble cause
Guide our leader’s right
Help our youth the truth to know
In love and honesty to grow
And living just and true
Great lofty heights attain
To build a nation where peace and justice shall reign.

Nigerian National Pledge

I pledge to Nigeria my Country
To be faithful, loyal and honest
To serve Nigeria with all my strength
To defend her unity
And uphold her honour and glory
So help me God.
https://www.nigeriahc.org.uk/national-anthem
14  Bitcoin / Bitcoin Discussion / Paths through bitcoin success on: September 26, 2022, 08:50:42 AM

source

The long era of stories behind digital currency evolution and how bitcoin has emerged the successful research work from among them all by Satoshi Nakamoto in year 2009 and not 2008 as mentioned from the diagram above, there's no doubt about many people who have in one way or the other even contributed to the success of bitcoin by Satoshi and others who had worked tremendously in the blockchain technology development before time and other areas that widens the prospect of digital currency even though their research was not felt  as Satoshi Nakamoto's bitcoin, but their role in research and support for a digital decentralized currency to the entire world which is freedom to financial economy and is well requoned with, bitcoin being the spearhead of cryptocurrencies and the only most acceptable digital currency has a lot paths it has been through and Satoshi Nakamoto remains a legend for it success.
15  Bitcoin / Development & Technical Discussion / The Decimal Place of Bitcoin Round off Value a Limitation? on: September 24, 2022, 02:37:47 PM
Let's go abit back into history, i came across an article on Satoshi bitcoin decimal place and it rounded down values, some assume the reason to it decimal point of numbers as base on the software design capacity he used then while some give contrary opinion, what Satoshi did then was is base on the fact that he never expected the outcome to go global with adoption to this time or because it's part of his limitation to the extent to which bitcoin can go base on it finite supply? please i need the experience members to shed more light on this.


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16  Economy / Economics / UK Under Recession, Inflation Hitting World Strong Economies on: September 23, 2022, 09:55:38 AM
Information reaching now that UK Economy now in Recession despite all the struggles through the economy recent challenges to avoid this from happening, it was noted that countries like China and US have also been battling with such downward trend in their GDP for this 2022 Q3 season and inflation has been contending with developed and advanced countries economy, the UK economy has been experiencing unstable price control  over it domestic produce with a drop in it labour market recently, it could be noticed that few weeks back, it was noted that UK economy on brink of recession before this could not eventually got mitigated to this time as inflation does not only appear with UK but with other strong countries and their economy, let's take a look proper.

From UK Economy

Quote
UK-weighted global GDP growth appeared to be slowing in 2022 Q3, with data coming in a touch below the already weak expectations at the time of the August Monetary Policy Report https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2022/september-2022

From US Economy

Quote
In the United States, GDP was expected to grow by 0.2% in the third quarter, marginally lower than had been anticipated in the August Report, following Q2 GDP growth of -0.1%, which had been weaker than expected https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2022/september-2022

From China Economy

Quote
China’s GDP growth was likely to be weaker in 2022 Q3 than had been anticipated at the time of the August Report. In July, fixed asset investment and industrial production had fallen, and the rate of growth in retail sales had slowed https://www.bankofengland.co.uk/monetary-policy-summary-and-minutes/2022/september-2022

An official statement coming from The Bank of England’s Monetary Policy Committee (MPC) that after consultations from the concerned stakeholders and committee (MCP) from it just concluded meeting on the 21st of September 2022 the final conclusion is on: Bank Rate increased to 2.25% - September 2022 with these, isn't the whole world economy tied to inflation and recession because some were just managing to schew out of it before this one coming in again, the strong and giants are falling, what shall be the fate of the weak and developing countries in this economic perilous time.


17  Economy / Economics / Satoshi's Place in England, A Lucrative idea. on: September 19, 2022, 11:03:00 AM
Welcome to another restaurant in England where bitcoin acceptability is made freely with "Satoshi's Place" serving as the brand name and their three main cardinal goals were: onboarding, educating and supporting" in all applicable areas where bitcoin could make the perfect suitability to the running of the economy and career within the society, they also provide the uniqueness in their services rendered to customers in the areas of:

What They Offer

1. Workshops and Events
2. Food and drinks lightning Bar
3. Lightning Gaming Arcade
4. Framework for Merchant Adoption
5. Hot Desk Space
6. Crypto Art Gallery


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The mindset we made towards positive impression for a change in the economy doings, bring about quality result on us while others are lamenting bad economy, this business is a lucrative idea that comes in with solution to some daily lives activities a cryptopreneurs could enjoy, the above listed six areas of concentration are thier main focus that they majors on with their services to cover, where other aspect are still under development to effect action sooner, you could so find attached, the link to their official website to explore. https://satoshisplace.co.uk/index.html


18  Alternate cryptocurrencies / Altcoin Discussion / Avoid Scam Tokens in the name of late Queen Elizabeth on: September 09, 2022, 10:08:36 AM
This is to bring into our notice on increasing means that can be use to penetrate an attack on begginers and to deceive newbie to invest on the trending "Tokens" in the name of our dear beloved matriarch Queen Elizabeth II of England who died, there have been several launch of NFT looming the internet to take advantage of her reputation by using her name on those tokens in other to present fraudulent scam in their projects which may be unaware to newbies and fall a prey to their net.

Quote
Popular NFT marketplace OpenSea has listed thousands of NFTs since the announcement, including photographs of Queen Elizabeth to art pieces associated with popular NFT collections.
https://forkast.news/queen-elizabeth-ii-linked-nfts-flood-into-opensea/

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Despite the grief, some crypto vultures are looking to take advantage of the opportunity, launching dozens of Queen-themed meme coins on the Ethereum and Binance BNB Chains. https://dailycoin.com/creators-of-meme-coins-attempts-to-capitalize-on-queens-elizabeth-ii-death/

Warning:

It is very important for newbies to get informed of the new techniques scammers develop to infiltrate on unscrupulous users in cryptocurrency and this is one of such means, the use of NFT scam have been always found ever increasing with new strategies adopted and invoke, these are some of the implication of news and crypto influencers to manipulate users into fraudulent scam by such introduction of tokens in the name of high profile or first class citizens, don't fall their trap by engaging your love and passion for the queen on a wrong project in disguise for Queen's memorial.
19  Bitcoin / Bitcoin Discussion / Bitcoin, an opening to incentivize opportunity for the use of renewable energy on: September 08, 2022, 05:44:51 PM
Bitcoin, an opening to incentivize opportunity for the use of renewable energy, this is coming in as an explanation on the use of bitcoin mining in providing a lasting solution to the environmental degredation, harzard and toxics release to the environmen while with the use of renewable energy to lessen the increasing electricity cost across mining rigs, the United States will definitely comes out plain with their take on bitcoin adoption with time at last, let's dive into the real scene in proper from the official statement captured below.

 
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20  Economy / Economics / Nigeria to establish an economic zone which is crypto friendly with Binance on: September 05, 2022, 12:21:20 PM
Nigeria to establish an economic zone which is crypto friendly with Binance



The government of Nigeria the largest cryptocurrency economy country in Africa is considering a cryptocurrency partnership with Binance exchange to establish an economic zone where cryptocurrency could be best put in practice in a friendly manner to the citizens for convenient operations of cryptocurrency activities within the country in other to boost the economy growth and development.

Quote
Our goal is to engender a flourishing virtual free zone to take advantage of a near trillion dollar virtual economy in blockchains and digital economy. https://twitter.com/officialNEPZA/status/1565685778256101377?t=rSLPDSf_qEW9MxCfIFW6rA&s=19

The country is making moves to better the use of cryptocurrency in its increasing crypto economic system considering the vast growth of the population which are contributing more to the advancement of crypto in the entire Africa at large, this could be an encouragement the more towards the uses of bitcoin, it applicable aspects along with some other cryptos as means to accepting payment in their businesses.

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