Bitcoin Forum
May 11, 2024, 12:02:07 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Local / Nigeria (Naija) / Breaking news on Naira note on: January 29, 2023, 11:57:45 AM
CBN extend deadline for old naira note till February 10.

Extending the deadline, Emefiele said, “Based on the foregoing, we have sought and obtained Mr President’s approval for the following: a 10-day extension of the deadline from January 31, 2023, to February 10, 2023; to allow for collection of more old notes legitimately held by  Nigerians and  achieve more success in cash swap in our rural communities after which all old notes outside the CBN loses their Legal Tender Status.

 Source  is https://punchng.com/breaking-cbn-extends-old-naira-deadline-till-february-10/
2  Other / Off-topic / Save wisely this year, piggybank or piggybitcoin on: January 29, 2023, 11:09:17 AM
Story of my life, 3 years ago, I bought a wooden piggybank for savings. My target was to save for 2 years before I opened it. I started putting money inside, until i realized the wood wasn't good enough so I opened it. lo and behold, termites has invaded  my save and destroyed my money 😔. Fast-forward to now, If I had used that money to invest in bitcoin, with good investment decision the money will be  secured and with increase in bitcoin, my money would yield interest.
Save wisely this new year, I'm starting my savings in piggybitcoin.
3  Other / Politics & Society / Do not waste your time on: January 25, 2023, 01:39:20 PM
Spend time on things or activities that will change your life positively. Arrange your finance, invest and save wisely.
Stop wasting your time on Social media solely to view and comment on pictures only.
 Invest in something today
4  Other / Off-topic / Procrastination is a dream killer on: January 25, 2023, 09:48:23 AM
While I was in school,  I always find excuse to avoid doing school work, I  discovered that I procrastinate a lot which caused me to perform poorly in assignments and exams

I had to help myself to overcome procrastination. I learned  the importance of setting specific and attainable goals for myself,I began to use planner to schedule my time and make sure I hold myself accountable.
With these strategies I was able to do my school work like reading and completing assignments at the right time. My grades improved greatly.

If you are planning to invest, do it now and in the future, you will be glad you did them.




5  Economy / Economics / Can I take a loan to invest in bitcoin? on: January 22, 2023, 12:40:00 PM
"Can I take a loan to invest in bitcoin" this question was asked by a friend

My reply to her is this:
It is generally not advisable to take out a loan to purchase Bitcoin or any other cryptocurrency. Cryptocurrency markets are highly volatile and the value of a particular coin can fluctuate greatly in a short period of time. This means that the value of the coin you purchase with a loan could drop, making it difficult to repay the loan. It is important to do your own research and make sure you understand the risks before investing in any financial product, including Bitcoin.

What is your advice?
6  Other / Politics & Society / Make the world a better place on: January 22, 2023, 08:30:55 AM
Offensive words and less demeaning alternatives:

There are certain words that shouldn’t be used in the description of people or certain situation
 
It is offensive to refer to someone as a “drug addict” the proper term is a  “person struggling with substance use” or a “person with substance use disorder”.

“Drug addiction” in itself is also said to be offensive and is mostly being replaced with “Substance use disorder”

It is offensive to use the term “disabled person” is offensive. A better replacement can be a “differently abled person”.

When you want to make a reference to a mental health issue you do not refer to the individual as “a crazy person” rather a “person with a mental health issue”.

When talking about someone who lost their life through suicide you don’t say “committed suicide”  it is less offensive to say “died by suicide”.

Hope this helps 😄
7  Bitcoin / Mining / what I understand about bitcoin mining as a newbie on: January 21, 2023, 05:25:14 AM


Bitcoin mining is the process of using computer power to solve complex mathematical problems in order to verify transactions on the Bitcoin network.

Miners are rewarded for their efforts with newly minted bitcoins and transaction fees.

The difficulty of the mathematical problems adjusts dynamically to ensure that the average time between mined blocks stays at about 10 minutes. As more miners join the network, the difficulty increases to maintain this average time.
This process helps to ensure the security and integrity of the Bitcoin network. The energy consumption of the bitcoin network is very high.
8  Other / Politics & Society / Health talk! Please let's save a soul today. on: January 20, 2023, 07:08:43 PM
Drug abuse or misuse is the use of harmful or illegal substances in a way that can damage one's physical and mental health.

This can include taking prescription drugs in a manner not prescribed, using illegal drugs such as Cocaine and misusing over-the-counter medications. Drug abuse can lead to addiction, overdose. Drug misuse can also cause weakened immune system, liver and kidney damage which can lead to death.

It is important to seek professional help if you or someone you know is struggling with drug abuse or misuse.

Please be safe out there.






9  Bitcoin / Bitcoin Discussion / Do you want to be great? Then be ready to learn. on: January 20, 2023, 09:02:48 AM
I heard about Bitcoin years ago but due to my lackadaisical attitude toward things, I ignored because I believed then that any thing bitcoin or crypto are all Ponzi or scam😁. I am here now, I understand better and I am ready to learn from everyone.
If you don't understand a thing, try to learn and educate yourself about it, that's why we have the internet and a phone to help.

Ignorance should never be an excuse.
Learn and equip yourself so your next 5 years self will be proud of you.

Learning helps one to acquire new knowledge, skills and abilities, which can lead to personal and professional growth and success. Through learning, individuals can develop their critical thinking and problem-solving skills, and gain the ability to adapt to changing situations. Additionally, learning can also help individuals to gain confidence and self-awareness, which can be crucial for personal growth and achieving goals. Additionally, continuous learning is essential to keep oneself updated with the latest advancements in one's field, and to stay competitive in the job market.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!