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December 03, 2022, 04:50:25 PM *
News: Reminder: do not keep your money in online accounts
 
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1  Other / Beginners & Help / Re: Hey everyone, New here. on: Today at 12:21:00 PM
I've been in the crypto space since 2019, and have Been on all the highs and lows, I recently won 2.2M on Stake.com. I have no idea what to do with it or how to use it. I'm thinking about starting to make a really good affiliate book on stake, as I noticed it can get really good, Of course, I would be doing giveaways leaderboards and all that, I also need help to navigate a bit as I'm new here, Heard of bitcointalk in 2020 but it looked really confusing, Still kinda is  Cheesy . Anyways If you guys have any suggestions of what I should do let me know, Cheers. Smiley
Isn't stake a gambling platform? If thats a yes bro use that money to start a business and invest some in crypto like Bitcoin and few others.

Just because you won that 2.2m doesn't mean stake website will be alive like Bitcoin.

If your hands are itching then write something about Bitcoin, build books about Bitcoin, not a gambling website that could ruin your rep in future.
2  Alternate cryptocurrencies / Altcoin Discussion / Re: Coinbase wallet stops support for XRP, ETC, XLM and BCH on: Today at 09:56:44 AM
The reason behind the delist of these coins is because of lack of adoption from coinbase wallet users, thats what I read online, I think the coinbase team don't understand that doing this is like trying to be in control of what coinbase wallet users should be buying.

This is another reason why centralized projects sucks, because still buy lots of XRP, ETC and BCH but just because people are not storing these coins using coinbase wallet they decide to delist. This is lame.
3  Other / Beginners & Help / Re: [Warning]: Password Manager LassPass has been breached, accessed customer data on: Today at 06:55:21 AM
Cloud storage is the worst of them all, either they claimed to be centralised or decentralised it doesn't matter, Cloud storage is not safe and anyone related to crypto must stay away from such projects.

The only thing worth storing on cloud storage is music and videos
4  Economy / Gambling discussion / Re: gambling winner identity on: Today at 05:44:47 AM
I think someone else have created a topic about this before 🤔

A man understands his family more than anyone, if he said that they will become lazy then he is saying the truth, you as a husband should know what your child and wife is capable of when it comes to money.

I won't blame this man, this is a very good move.
5  Alternate cryptocurrencies / Altcoin Discussion / Anyone buying Aptos already? on: December 02, 2022, 05:59:24 PM
Since VCs that invested in Aptos are affected by the FTX collapse do you think that Aptos still have a lot of downsides in near future? With the current high supply and high price I don't think it's a good time to accumulate this crypto project.

the reason why I am not already buying is the high price, 4$ per Aptos still look like a stupid buy to me, what do you think?
6  Other / Beginners & Help / Re: Should I invest in cryptocurrency or start my business? on: December 02, 2022, 05:07:00 PM
I don't advice using your money to buy crypto first, it could be a very bad move but my own story is different .

I started with crypto investment before any real world business, because I believe that crypto will work out, in 2018 I got some coins and sold for higher price in 2021, I had enough to even reinvest in any crypto project today.

I had so little to start a business with but enough for crypto investment so the choice is yours but the safest route is business first and investment later.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: A single alt coin which gives you profit multiple times? on: December 02, 2022, 11:26:07 AM
Raiblock (XRB) A.K.A NANO.

From this alt-coin, I finally know more about Cryptocurrency. It's super easy and free for mining this coin on the olds day, you just need to solved captcha for the coin. Finally this coin making the big success by listing on Binance.

It's crazy.
There was many faucets for Nano few years ago, it was so damn cheap and that time Doge coin was very cheap too, this should serve as a lesson that coins that easily gets to people just because they are cheap leads to good adoption and one day such Coins will have value.  

Fantom brings me a very good profits, I've noticed that the coins that brings the best ROI are those that people aren't talking too much about.
8  Economy / Gambling discussion / Re: What would be an ideal KYC solution? on: December 02, 2022, 07:15:36 AM
Come to think of it, online casinos should be the last to ask users for KYC verification, imagine winning billions of dollars and the platform has your national identity card or NIN number, you are not that safe if we start talking about the danger present here.
9  Other / Beginners & Help / Re: My gut is telling me that I am missing a part here on: December 02, 2022, 06:56:07 AM
Paxful is a good example of real decentralsed P2P platform but it isn't secured, I have lost money engaging in P2P trade on the platform and I follow their rules but later the team failed to help, this was a long time ago, maybe things have change I don't know .
Paxful is similar to Binance as they are both centralized platforms. They are third-parties that provide their Peer-to-Peer trading services to cryptocurrency users.

On Binance P2P and Paxful P2P, you will have to complete KYC to start trading. It is mandatory on Binance P2P but on Paxful P2P, you can start trading without KYC but there are limits for each KYC level. In some countries, Paxful force users to do mandatory KYC (many scammers from those countries ?)

Paxful: Limits and Verification
All Binance users must complete Identity Verification to access Binance products and service offerings, including P2P trading

Because they are centralized, they can freeze your account and your fund.

Best Peer-to-Peer trading is when seller and buyer does not know real identity of their trade partner like a peer-to-peer transaction from Satoshi Nakamoto to Hal Finney. Many years later we still don't know who is Satoshi Nakamoto and Hal Finney did not know about that too.
I don't know that Paxful is also a centralized platform, the last time I used this platform I don't pass any KYC verification, anyway, thanks for sharing the information.

By the way, do you have any P2P platform that's not centralised in mind? I am still looking for one.

Someone recommend localbitcoin but there are bad reviews about that platform.
10  Alternate cryptocurrencies / Altcoin Discussion / Re: Does anyone know anything about YoBit? The exchange? on: December 01, 2022, 02:41:49 PM
The funny thing about Yobit Exchange is upon all the accusations against them and they still function to this day, I don't know how they keep this up.

You are lucky for bringing this up on the forum before using the exchange, it would have end up in a very sorry case. Stay away from Yobit Exchange, it's one of the oldest grand daddy of scam exchanges.
11  Other / Beginners & Help / Re: My gut is telling me that I am missing a part here on: December 01, 2022, 11:21:24 AM
P2p=/dex & Binance P2P is Binance way of manipulating terms as an attempt to control all crypto sectors. is it binace version to compete with the Localbitcoin/Paxful. Instead of losing the database represented by the users of that platform, they provide AIO solutions, but everything is centralized and under their management.

Binance P2P shortcomings:

 - Centralized however the platform does not bear all the losses.
 - You are required to perform KYC.
 - You may be scammed.
 - You still do not own your funds and more data may be requested before you can withdraw.

Try Bisq.
This is exactly what I needed to hear, so the term P2P from binance exchange is nothing but confusion, P2P with KYC is disdecentralised to the core.

Paxful is a good example of real decentralsed P2P platform but it isn't secured, I have lost money engaging in P2P trade on the platform and I follow their rules but later the team failed to help, this was a long time ago, maybe things have change I don't know .

Do you use Paxful recently?
12  Other / Beginners & Help / Re: The kind of hard disk to keep your bitcoin blockchain data on Laptop on: December 01, 2022, 09:22:44 AM
Nvme SSD has the fastest write speed and longer life span too but normal SSD will do just fine, hard disks are too old and they can stop working when you least expected.

Nvme takes the win for me, nothing beats the reading and writing speed of Nvme, I am currently using two Samsung 970 EVO Plus in my PC and the difference is performance is marginal.

13  Economy / Gambling discussion / Re: How can this gambling related issue be handled? on: December 01, 2022, 05:11:20 AM
Let's not forget that some countries are so bad that nothing can be done about this.

In India, there are few cities where children gamble their money away, and when some legal action is taken the parents are always to be blamed, teach your kids in the right way so that they give you peace, and that's what you will get. No arrest will be carried out.

It's almost the same thing in my own country, the gambling den or haven isn't going down just because some kids are gambling their money away, even if the police come they will get bribed.
14  Economy / Gambling discussion / Re: Two Gambling Stories on: December 01, 2022, 04:48:31 AM
These are two gambling stories that are very interesting

Story 1
A man stole his girlfriend's 10k to place a bet. He won 100 million and returned 10k to his girlfriend. His girlfriend is furious and demands 40 million dollars.

*Read the full story here

I thought things are suppose to be share between you and someone you called a lover? What type of a man will steal from his girlfriend in the first place? I think this person is a gambling addict, he is also a greedy type that is why he only returned the exact amount he stole.

This shows where his girlfriend belongs in the relationship.


Story 2
An apprentice who won 16 million naira on BET was asked by his boss to split the money into two parts. This 50 - 50. As the story goes, people sided with his boss, and he had no choice but to comply. It's important to remember that the money used to bet belongs to the apprentice, not the boss.

*Read the different opinions of people here

In my country most apprentices take money from their boss from time to time, I mean the boss helps their fellow apprentice with what they can afford, food, transport fee and some times even where to stay or live...

If the boss is demanding for a split 50-50 then the boss must have done some part in the apprentice's life.
15  Economy / Economics / Re: Why Bitcoin is the only crypto you should BUY on: November 30, 2022, 02:42:40 PM
Big institutions are investing in other altcoins as well as Bitcoin, this doesn't make them stupid but yes Bitcoin is the safest of them all yet we can't deny that other coins brings more profits to investors than Bitcoin.

All you need to do is make the right choices, also do not put all your eggs in one basket 🧺. Imagine all you held was Luna and FTX token.
16  Other / Beginners & Help / I'm finally saying goodbye to CEX and Centralised projects on: November 30, 2022, 02:21:44 PM
If you are been told in November of 2021 that Luna will go to zero will you believe it?

If you are been told in November of 2021 that FTX will go bankrupt and others like 3AC, Genesis and Voyager will be on the list too will you believe it?

It's crazy isn't it? But it happened , very fast.

I am using this short period of time to tell you how risky crypto projects can be, especially if they are fully centralized, there is nothing more reliable than Bitcoin and Decentralized exchanges.

Start Using the likes of Uniswap, DoDo, Biswap, Sushiswap and pancakeswap.

You like order book features? Yes few Dex have this already, e.g dYdX, Raydium, serum and Posi exchange.


17  Alternate cryptocurrencies / Altcoin Discussion / Re: Careful where you connect your wallet on: November 30, 2022, 07:41:02 AM
Two different crypto wallets is enough to solve this issue.

Use one to store your coins and tokens and use the second one to participate in any airdrops or whatever, the reason why a crypto wallet get compromised is connecting the wallet to a fake platform or trying to sell a fake token you get out of nowhere.
18  Other / Beginners & Help / My gut is telling me that I am missing a part here on: November 30, 2022, 06:34:16 AM
I am trying to understand something about binance exchange and the other likes of it.

Binance exchange is a centralised exchange right? But they provide P2P, is it ok to say P2P is decentralized? If yes, doesn't that makes Binance 2 in 1, CEX and Dex? Because I use the P2P part more than the CEX part..

Endow me with knowledge this morning, tell me what I don't know.
19  Other / Beginners & Help / Re: Bringing it back to your ears: Not your keys, not your coins on: November 29, 2022, 04:31:53 PM
Noted, I am very much aware of all these crypto wallet / centralized exchanges warning but my goal now is a Decentralized trading platform that works just like a centralised exchange, a crypto trader still have no choice but to use cex for trading and this will make them to send their BTC to CEX.

I hope future crypto developers are already on this, we need to move away from CEX completely. The moment someone sends their BTC to an exchange anything can happen, that's why CEX needs to go.
20  Other / Beginners & Help / Re: Consistency is the way out. on: November 29, 2022, 11:21:40 AM
Just as the topic implies," consistency is the way.
One might be tempted to ask way out of what?
The answer is,"consistency is the way out of unnecessary pressure in the forum".

One of the things I've noticed so far in the forum for the few days I've been is the fact that, the more you write, the more engagement and familiar you get with the things over here.
There are different people with different motives over here and the fact that regardless of your race, background  and mission, the forum is just a place for perfect learning and the only way to learn easily, is to be consistent.
What do really think of consistency?

If you are facing any pressure on this forum you are responsible for that, this forum puts no pressure on anyone as far as I can tell, what pressure are you talking about?

I have seen bitcointalk account with 1 merit earned and 1000 posts, they prefer to stay in same place, they don't care about ranking up and yet the forum put no pressure on them.

There is no > You have to rank up by force or you get banned.
There is no > You have to create so so number of topics per day.

There is no single pressure on the forum's Rules, not a single one.
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