AltCoins are conic cryptocurrencies while bitcoin is a reputable Cryptocurrency but the desperacies and those with the ignorance of knowledge would never get it right untill they gets to the bottom of regrets.
You dun talk am finish, altcoins especially when dem dey start dey get plenty promises and this promises wey dey make one is to dey rush into dem and na so politicians dey do when dem dey campaign but after the campaign dun finish dem no go do anything dem talk and na so altcoins dey behave too. The founders go make promises finish and spend money for influencers to hype the project but after the crowd funding dun end dem go exit scam/disappear with investors money. If you dey believe altcoins you need know say there's no guarantee for anything because if dem scam you, nobody go reason dem especially when the founders and developing team dey anonymous. You fit try you luck come succeed but still make you know say altcoins nobody wetin you fit guarantee person say him go make money when him invest inside unlike Bitcoin. No take any promises serious and if any projects make a certain promise for price or profit wey you fit make if you buy dem, just know say that project no follow and na scam wey you dey invest inside so. Projects wey go do well no need to hype their prices up or promise their investors any return unless na say the project be ponzi scheme (na dem wey dey promise return on investment) but dem dey always end badly. |
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Here again yet another one and this is the last straw that broke the camel's back. News has it that the federal government plans on delisting naira p2p trades from all Crypto exchange platforms citing the fact that it is the sole reasons behind the naira devaluation. They claimed that the naira value is being manipulated through Crypto market by unknown forces against the economy of the nation and this makes me wonder how does Crypto currency market affects the Nigeria economy. The question wey you go ask na say their policy dey work abi e no dey work, since dey start this attack it has been favouring dem so dem no go stop but to dey continues the things wey dem dey do so. The problem be say e go backfire on the economy in the future as they're only tackling the Naira stabilization problem short time but in the wrong manners. The governments can ban all centralized exchanges wey dey offer P2P to delist Naira for their exchange so make we no dey think say dem no fit do am. There aren't many decentralized exchange wey dey offer P2P with Naira trading pairs so make we no dey think say the government no fit do am but they're making the wrong decision although if e continue to dey work for dem, I no see dem stopping this attack anytime soon. This has been the war against Crypto enthusiasts in the country. I was wondering the calibres of persons we call our leaders leading the affairs of our national agencies. I was shocked when a ban was placed on micro finance banks from accepting new registration and they were labelled to be facilitating Crypto transactions which is totally not correct. This kept me pondering if really our beloved nation is moving forward or in a reverse gear. Truth dey inside wetin the government dey talk say this micro finances banks dey help make trading of Naira through crypto P2P exchange dey easy but attacking the fin tech dem no be the way to go because dem dey spoil development for the country as this banks also helps other businesses wey no dey crypto related but the government no care as all dey see is attacks on ways to trade crypto easily but dem no dey reason if they're damaging the economy from this policies. |
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Week 26 Bitcoin payments has been processed. EMC token payment is been processed.Bitcoin Escrow Address:  👉 Ps: Post on Wall Observer BTC/USD - Bitcoin price movement tracking & discussion thread aren't eligible for payment.👉 Campaign is CFNP we don't have open slots.👉 Remember not to spam as your accounts are been watched by spam watchers and if you're tagged or reported you'll be dropped from campaign without payment. 👉 if you have any inquiries or complains don't hesitate to inbox me or message me on Telegram @PedroBrainbossBM for faster response.
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Week 28 Bitcoin payments has been processed. 👉 Bitvest Escrow Address: Current balance:  👉 Ps: Post on Wall Observer BTC/USD - Bitcoin price movement tracking & discussion thread aren't eligible for payment.👉 Campaign is CFNP we don't have open slots.👉 Remember not to spam as your accounts are been watched by spam watchers and if you're tagged or reported you'll be dropped from campaign without payment. 👉 if you have any inquiries or complains don't hesitate to inbox me or message me on Telegram @PedroBrainbossBM for faster response.
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We know as the country is going on currently we don't know the good exchange that is offering p2p to our 9ja people, I know say many people get their exchange where them dey use sell btc and usdt, e go better say we help ourselves with the available solution by sharing exchanges that we can sell our coins. If na centralized exchange P2P wey we dey depend on only, one day we go wake up and we no go see any centralized exchanges again so wetin we supposed dey find na decentralized P2P wey dey offer Naira trading pairs and if that one no dey na for we to dey talk about ways we can be exchanging our dollars to Naira in a decentralized manner. Wetin me fit dey advice now na to dey find local merchant wey you fit know physical and dey trade with dem. You go obviously dey careful to not transact big amount or dey disguise in a way dem no go set you up but make we no dey depend on centralized P2P because e belike the government no go relax until dey stop all forms of centralized exchanges from allowing Naira trading. The good thing here be say e good as the governments dey target this centralized exchanges to not allow Naira trading because e go encourage entrepreneur in the country and Blockchain developers to work on having a standard decentralized Naira trading platform for the country. Without the attacks we no go get way forward for decentralized P2P for the country. Sha their biggest challenge go be how to prevent scamming on the exchange because that one na one thing wey we know say our yahoo boys go wan use shine. |
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● Check the marketcap first before you invest for bitcoin
● Do not fail to observe or learn how to interpret movement of candlesticks before you invest
● Have a timing in every of your investment
● Don't be greedy after you have make at least 5x to 10x for your investment Nice thread but some things wey I observe na say e get some points wey you repeat and some wey for fit enter one sentence and no need of breaking it into two different sentences but overall, it's a very nice thread and I go like talk on the points wey I quote so. Investing in Bitcoin no be altcoins wey you need to check the marketcap to find the coins to know which has the potential of giving you a decent return. Investing in Bitcoin dey vey straight forward and you just need to get the basic Idea of how to handle Bitcoin and you're good to go. You do not need timing for Bitcoin basically because Bitcoin investing is better with hodling. No go dey say you wan time the market or you go miss out, buy Bitcoin and hodl na the only thing wey you need to dey do. Selling of Bitcoin shouldn't be limited to when you have made those number of X's, you suppose know when you go sell before you even enter Bitcoin and no dey wait for this particular X's because even though the so called experts dem say e go happen, e fit no happen and you fit miss when you for sell in profits. ● Some of the altcoins lacks potential but fish out they ones wey no get potential out and invest on the one wey get potential
● Diversify your portfolio for altcoins investment
Abeg no vex but I wan ask, how you go know which altcoins wey get potential and then the one wey no get and even though you know, you no dey see wetin dey happy for market like this wey be say coins wey no supposed see front (dem shitcoins and memecoins etc) na dem dey give profits pass this days. Investing in altcoins na gambling you dey do and when you dey gamble everybody luck different so just work with the one wey dey work with you or stick to investing in Bitcoin because you can't go wrong choosing Bitcoin over altcoins. The profits fit no many but you no dey at the risk of losing everything wey you get. |
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This makes me to think and have come to the realization and conclusion that surviving in this present economic situation needs a total different mind set such that will make you to think out side of the box
Investing in crypto currencies like Bitcoin is not a bad idea at all
Saving isn't what we should be thinking about in this days of inflation but what we need is investing into different assets through diversification. I'm not talking about investing into different cryptocurrency as this are still assets that are correlated and have a similar price movement because when Bitcoin increase altcoins follows and vice versa. Diversification is what is needed with this current economy and when you diversify you have a better chance of not being worried about your finances because at most times you'll be making profits while others are losing money due to inflation. Investing in Bitcoin should be among the top choices became this is the fastest growing industry and have a high possibility of making you better gains on your investments. Saving wouldn't makes you money especially when you aren't saving to be used for an investment in the future but only saving to spend later on liabilities. Saving in this economy is a suicide mission, there are no more stories of savers becoming wealthy because inflation will not allow that to be possible but investors are always those that benefits more when they get their profits. |
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So If you surrounding yourself with people who value their time and they seek for quality and value then you connect with same kind of people.
People tend to think that If they see ultra super wealthy person and see the numbers that there is main thing money but it's not there is high value high quality of everything you have wealth more how you value your life your time and who you associate. Money/wealth/riches etc are material things and they aren't what is important in life although necessary for a smooth life but they're all vanity and one day we'll leave earth to our grave without any of the money that we made. There are things more valuable in life than the money and we shouldn't spend all our lives looking for money while we miss the best part of existence. We should focus less on money and focus more on having a good relationship with one another. Yes money is important but is it more important than where we'll be spending our eternity when we depart and get judged. Irrespectively of your religion we won't spend all our life on earth. So in crypto it's fun to search fast gains but to be honest you make more wealth with patience and focusing in value and quality.
So the truth is you have to become quality minded person forget about numbers just focus on what ever you do it's associated with value and quality and utility
If we're being honest, is there any other crypto that have value and qualities than Bitcoin, every other thing is a gamble but this is a free market and everything is allowed to coexist and those that want to gamble should be allowed to do that but let them just know that what they're doing is gambling. If you're searching for a true quality project than settle for Bitcoin. If you want to try you luck through gambling, you can go into the market, do the findings yourself and be willing to accept any fate that comes your way. |
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You cannot start a business without capital because I don’t know how you will fund such a business to grow. And I haven’t seen anyone who has done that before. There is no way you will enter a business without any capital. You can't actually start a business without capital but you can start a business without your capital and I'm not talking about going to borrow money since when you receive the loan it becomes your money so you're technically still using your money because the loans has to be payed back. Starting a business without capital can come in form of using others money as the capital and thast where networking comes in. There are some set of people that re good at convincing others to invest into their Idea ls and they use this people money as starting capital for their businesses. A bet you have seen people becoming successful without investing a dime or not investing a big capital into their business. Just imagine entering a bitcoin investment without money. How can you be successful in that business that you are about to start? I don't think there’s a way you will be a successful businessman or investor. Without money, you can’t even promote your business in order to grow. You can use others money. There are many people out there with money but they don't know how to use them especially people that just got a large amount of money but they do not have any management abilities to handle the money. I'm talking about those that just won the lottery or a bet (large amount from gambling) and those that received their pension. People too that just inherited a large wealth and do not know how to manage it but have interest investing in Bitcoin. You can help manage their portfolio or teach them how to invest and get a fees that you can use to start your own investment. |
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Inflation is needed in the economy because there is an increase in the economy, although it is not good, inflation is really needed, but the inflation rate should not be too high which is not good, it must be at a stable number to be called good, with inflation stabilizing the economy when prices are no longer reasonable, Sometimes inflation is evil when the numbers start to rise too high, making the economy unstable. Inflation is important and needed in the economy at a minimum rate but high inflation destroy the economy of the country. Imagine a country without inflation, that country would have a stabilized economy and nothing will be moving forward but stagnant. What happens when there's price stability, security will be granted and everyone will be relaxed which will not be healthy for the growth of the economy. Inflation encourage spending and that's way a little inflation is important. Without inflation, people will be saving instead of putting their money to work and helping the economy grow. Why can't we just keep the currency at the same value? And why does it only happen to money? For example, the same wouldn't happen if we used gold as a currency instead. Is inflation a ploy that the government uses so people don't get rich off of savings?
Exactly, if the currency was stable, saving will be the easiest way to wealth accumulation as it was in the days of gold but since the currency we're using isn't backed it becomes difficult to keep the currency stable. The government keeps printing new money knowing fully well it'll only lead to more inflation but they won't stop. They're creating a problem knowingly and they spend more money trying to resolve a problem that they know is irresolvable with the current currency system. |
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This is a lesson for everyone who has been using centralised exchanges. Don't receive funds in exchanges from random people, and don't store your funds there. The account would freeze at any time for any reason. Don't blame them, you made the mistake of receiving your coins directly on Binance exchange, Binance is an exchange and not a wallet to receive or store funds. We have to use our personal wallet to receive coins then we can send them to any exchange we want to use for trading whether it's a centralized exchanges or decentralized exchange depending on what we want to use them for and the best exchanges that offer those service. What Binance exchange or other centralized exchanges are doing is kind of annoying but they have to protect their business because they'll be the ones the government will come after when they discover that their exchange is being used for money laundering or other illegal activities. Alot of people using exchanges to receive their coins are doing so because they want to save fees but it's better you spend money on transaction fees than to lose access to your coins because of problems you know nothing about. The lesson here should be, if we must use centralized exchanges, it should only be used for trading and nothing else. When we use them for what they weren't meant for, we are putting ourselves at risk of so many things. The coins you received, you don't know where they're sending it from as they can send you fraudulent coins that are being tracked and you fall a victim. I'm glad you didn't have any loss unlike other unfortunate situations. |
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If you are superior to everyone. My dear you gat f**k down your anus and give people space to understand forum gradually with the way they think is best for them, correct people but no attack if you are attacking then what true messages are you passing after knowing the true vision bitcoin and it's representatives. You're the one seeing it as an attack, to them correcting you it mightn't be an attack because we have people from different parts of the world on the forum and not everyone have the same way of thinking/behaving, some people are naturally harsh with their words and others are friendly. You can be corrected in both ways and still they're trying to help you out. You (OP) have to also work on your choice of words because you aren't sounding nice either and some group of people might find your post offensive without you trying to be offensive but just because of your choice of words and that is the same thing that is happening when people correct you and you find it offensive. This is merely a forum and you are to let things go, don't envy those with high rank instead decide to learn from them. For everyone that have ranked up genuinely, they have sometimes that you can learn from and use it in helping yourself to better your account on the forum. When the correction comes irrespective of how it comes, take the positivity from the correction and move on. This forum isn't real life that you should get all angry that someone is disrespecting you because you don't know who they're in real life. We should all learn to not reason much into things or we'll always get angry at people behaviour. |
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Here are my questions - - As a newbie, should I focus solely on Bitcoin, or should I also acquire basic knowledge of altcoins?
- Is Bitcoin gender specific ?(is it meant for a specific gender?)
Bitcoin is decentralized so it can't be gender specific, Bitcoin is just a currency and no currency is gender specific as it's being used by both the male and female gender. Among the top figures in the space we have both the male and female gender represented although we have more of male figures because they're more risk takers. Bitcoin isn't meant for any gender but for those who are tired of the centralized operation of the governments and want a currency that they have full control of. No government can regulate Bitcoin which puts the control of your finances in your hands and make you an independent individual. As a newbie you should focus mainly on Bitcoin, altcoins for now should be considered as a distraction to you. When you have acquire full knowledge on Bitcoin and also accumulated enough to your satisfaction, you can begin to play with the market with altcoins because they're solely here for speculation and do not have any long term goal. I consider all altcoins as a gamble and I'll only put my money on them just to try my luck as I'll bet on my favourite team to win a match. Sometimes they win and other times they'll disappoint and this is exactly how altcoins are and aren't that popular among top Bitcoin enthusiast. |
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My only advice to them is they should make posts above the requirements incase of off topics and deletion. But I don't think it's so nice that someone is denied payment just because of 1 off topic post.
That's the only solution to this, ideally we shouldn't be making an exact number of post that is being asked by us from our managers because we're posting on a thread that anything can happen to the thread without we having a say. The OP can decide to move his thread to any board that he feel, fits more for the discussion or the moderators can do that too. Beside when someone always makes an exact number of post needed by the campaign week in and out (to me it simply sends the message that this user is posting just to get paid). The rules says make this quantity of post to receive this quantity of reward so if you didn't meet up the cut off post, you aren't entitled to receive payment and the manager is on his every right to denied you payment. It must not always have to be nice but that's the rules and to avoid that, make more posts. Some campaign manager is very strict when it comes to post quota. Missing 1 post will cause you to missed pay day for that week especially during the time when the moderator on gambling board do a massive thread move to off-topic board. It's your duty as an employee of your campaign to post in the threads that'll be of value to the campaign, you don't have to comment on every thread that you come across as some of them are worthless, read through the threads before replying and you'll know if the threads fits right in the gambling board or not. If you do this, you can be the one to report the thread to moderator for it to get move to the right board. Campaigns are spending money on advertisement so we should give them good value for their money. |
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Isn't this an attack on anything that's decentralized and void of government regulations? Glad someone dun tell you say fiats banks can't be decentralized, they'll always need approval from the central bank to operate in a country, if dem been dey decentralized why dem come dey listen to wetin CBN talk. Make we leave them because this na flight between the centralized system because many things fit dey cause this things and Nigeria government go just use one thing cover up use be the reason why dem no dey allow them register new users again. I try register for palmpay and after I download the app dem no allow me sign up meaning say this thing dun take full effect already. What's your view on this? This all boils down to the crack down of dollars and stabilization of the Naira if you ask me. You know say although dollars dun fall but e never still stabilized and the governments dey try all means to make the Naira stabilized na wetin they bring all this policies. This fin tech dem dey easy to open and alot of large transactions are going on with them them thereby foreign exchange still dey happen without the government been aware so this crackdown na to block all loophole wey business men/women dey use. Alot of business men (importers) dey use all this fintech companies use run usdt transaction instead of normal dollars since e dey easy to buy and sell dollars them through P2P exchange with them so all this one na just the government being controlling and make we dey see how e go end. |
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Good day my good people of Nigeria inside this forum. E get one pattern wey some vendors for inside KUCOIN exchange take dey rip pipo off their money through their p2p rate. To begin with, reduce the size of your images, most of us here no dey use laptop but na phone we dey and use and this big images wey you dey use they spoil the whole reading process. I dun see this thread before but ignore am because of the big images. We have zooming on our phone so we fit zoom even though the images dey like avatar for here and with a smaller image you fit arrange your thread well to dey more understanding. I also doubt this is happening on kucoin because from my experience on centralized P2P exchange, rate wey you put na rate wey seller/buyer go transact with you. You no fit put a different rate and dey expect them to use another rate unless you chat them up which I strongly advise against accepting. Maybe e go be say this people get two different rate ads on the exchange and any one wey you like you go for. Note: Merchant can have different rate for the same coin wey dem wan sell, some dey do am to increase their deals or reputation because when you trade high rate and you no get scammed, you can normally drop rating than when you trade normal rate. Check again because you can't click on rate A and get rate B, you can only get rate B when you click on that rate. Wetin you go talk na say make we dey watchful because all this merchants dem get plenty rate ads and make we no confused rate A with rate B. Some of this vendors dey make exchanges dey collapse because e get some top men wey dey deal on crypto currency and if them fall for this kind of things, nah straight to report the exchange say them dey use am dey fraud pipo. As a centralized exchanges, if you allow vendors scam majorly on your exchange you dun fuck up because normally you supposed get KYC wey go make you know who and who dey trade for your platform and to dey steadily block any merchant wey dem report to be scam and assist in recovering the stolen funds as merchant dey already deposit coins on the exchange and kept in escrow. |
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I realize say after di halving, many newbies de expect say Bitcoin price go begin to surge and we go enter bull run immediately, but di reality now be say price de dip di more everyday, and some of dem panic and de rush to sale dem Bitcoin, but di truth be say research don show say bull run no de start immediately after halving. Any investor wey de hudl Bitcoin no suppose to de focus on di short term pump and dump price speculations, because na long term project im suppose be. I remember say I dun talk for similar thread for this local board based on this same issue. We no suppose dey fear when Bitcoin dey crash. How bad can it be na wetin we suppose dey ask ourselves because no matter wetin the market like we're no longer in the days of the continuous bear market. Na bull we dey enter like dis so no matter how Bitcoin fall reach in a few period of time e go begin to go back up. If na those days of bear market na when we suppose to dey fear say Bitcoin dey fall but for now make we just dey see all this ones as initial gra gra wey Bitcoin dey do to drive away weaker hands so only those wey get full confidence go benefit when Bitcoin begin dey increase. This one wey the OP dey title this thread say make we no keep hope on any news of Bitcoin I no understand because if we no keep hope, how we go get mind dey invest inside Bitcoin. The thing just be say make we no believe say na this particular time wey Bitcoin go increase or decrease because anything can happen. Wetin you need to dey do na to dey buy Bitcoin and dey hodl, future go reward only those that had the patience to hodl unto their Bitcoin. |
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