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901  Other / Beginners & Help / Re: Why is bitcoin unique? on: June 17, 2023, 10:51:21 PM
Bitcoin is unique to me because it is temper proof and time stamped, I will also say because it has no physical representation yet it has much more value than fiat and it has become the biggest inflation resistant asset and currency of all time. The uniqueness of Bitcoin is so much that it affects even fiat to a large extent.

Are you referring to tamper proof?  I find Bitcoin unique because of its  ability to rebound or recover after crashes and recording new ATH every 4 year cycle.  The transparency, decentralization, isn't that unique since many other crypto has also that feature,  if ever, aside from what I stated, I believe security  can be the major reason why Bitcoin is unique.
It is not all coins that is decentralized and transparent as they claim and you know about this. We should applaud bitcoin for being truly decentralized. And again as you stated, the ability of bitcoin to rebounce after several crashes is very unique.  It is very rare to see a coin that will crash more than 70% and still survive. Bitcoin holds a very good record for that.
Taking about fighting inflation, well I can say it is so but I still have my doubt about this for it will be a topic for another day.
902  Local / Nigeria (Naija) / Re: President Tinubu Signs Student Loan Bill Into . on: June 17, 2023, 10:39:05 PM


Quote
On the other hand, it shouldn't just be like one of those other many bills we have had in the past that is dormant and being swept under the carpet without it effect being felt by those the bill is intended for. Let there be available and easy means as to any students that's interested and in need of such educational loan to fund his education and there should be made a working means of punishment or consequences to any bank that may want to deny any student that have passed through the appropriate corridors necessary to be eligible for such loan. Cause from what we have all seen in the past, it's not about signing in bills into law but promulgating it to meet the purpose for which it was made to exist.

What's your take on this development?


With wetin the government bring for paper and announcement the thing too. The vision dey clear and applaudable. But wetin you dey fear, na still wetin me too dey fear. Make people onto no for hijack this deal. You go come surprise say people wey no even dey school go come carry this loan dey shine. I don reason am tire, nothing too hard for this we country. Dem too dey soak inside corruption.

Ask dis students loan don happen, make president still sign health care loan. Person wey sick no get money fit take loan treat himself.
903  Local / Nigeria (Naija) / Re: Naira exchange unification on: June 17, 2023, 10:25:49 PM
I just finish they listen to channels television news for 10 o'clock.  Something dey sup for background for this exchange unification saga. You know say when this matter been first born, CBN been deny the allegation but now channels talk say CNB go unify the exchange in the coming months at the rate of N600/$.
They just dey pamper the thing make e no for cause panic as fuel subsidy cause. Hoe una see am... e for make sense say people wey put money for stable coins sell to naira now e still day around 760. In the coming months e fit fall to 600 range
CryptopreneurBrainboss
Charles-Tim
Igebotz
Smart virus
BIT-BENDER
Coyster
SatoPrincess
Mpamaegbu
And plenty others. I just mention few wey I feel say dem fit dey use mention notification
904  Other / Beginners & Help / Re: Why is bitcoin unique? on: June 16, 2023, 11:58:13 PM

BTC is unique because it makes it easy for new wave of currency exchange, it blockchain has a unique wallet address, is not easily comprises to hackers or scammers, it benches on volume of communities members, it's God fatherism to other altcoins. Is transaction made easy and key or password individuals oriented. Bitcoin trades in a every sphere of market.
I don't just understand what you type and the choice of words as God fatherism to altcoins and other bla.
Take bitcoin is unique because
  • It is the only truly decentralized cryptocurrency
  • Because it is the largest in volume and in adoption
  • Secured network due to the use of the reliable PoW system
  • Because it is durable. Bitcoin has actually witnessed the birth and death of many altcoins
905  Other / Meta / Re: Save your nice merit records here - LAST UPDATE: 14/05/2023 on: June 16, 2023, 11:45:47 PM
I like these numbers and formation. I don't know if anyone else likes it.
Activity: 616
Merits : 515
I save it here.
It would be great if the posts were rounded up to 1500.
But I appreciate your record here with merit 515 and activity 616.
That is right, it will make everything uniform. And now I have tried to make it that great you anticipated.
906  Economy / Speculation / Re: BTC Sentiment Poll for June on: June 16, 2023, 11:38:18 PM
HELLO JUNE OF WONDERS!

https://www.talkimg.com/images/2023/06/15/AxORo.jpeg

June isn't obeying anyone's predictions. I see no moon in June, I see no side movement in June. All I see I digging and digging down the well. June want to reach 20k and it is so determined. What will stop it from happening. Indeed, cryptocurrency is unpredictable.
With the beautiful performance of last two months,  I really thought bitcoin will do more and hit 30k this month. Bit it seems the dream is dashed.

I also don't think June will look like a sideway as bitcoin prices tend to fall and test new support. $24k has been support in the last 24 hours although currently the price has bounced slightly above $25k.

But ultimately I think June will also show some upside to counter the FUD that's going on. The SEC is urged to protect investors rather than drown them with its attacks on Binance and other exchanges, so the impact is bound to diminish gradually. So from that some other positives should also support the upside although I can't expect any bullishness in the near term.
The June is fast in recovery. Bitcoin doesn't want to settle long below 25k and that is why it had to bounce back with 24hrs from 24k to 26k. That is a decent shortest term movement and I believe some people benefited from it.

Talking about SEC being able to secure and protect people's investment and not to do otherwise. Sec is only interested in the interests of bond and stock investors, while they are in daily war with exchanges in determination of security coins.
907  Economy / Speculation / Re: The low support level may still be tested during 2023. on: June 15, 2023, 04:46:46 PM
Bitcoin can not get to $15500 again, but bitcoin can still get to $20000 once more before going to all-time-high. I am waiting for $20000 once again for me to buy more. If bitcoin do not fall to $20000 again, I will buy some weeks to halving.

I too will advice people to DCA. It is a good strategy. An excellent strategy when bitcoin has decreased very well.
There is no guarantee that bitcoin will not touch 15k again. If you believe bitcoin can touch 20k again, it also means that it can touch 15k. It only takes panic to push 20k price to 15k and that's it. I least expected that bitcoin will go below 25k again till bull run and now it has happened. All you need do is to speculate it and when you speculate, there is a tendency that it will happen.
908  Economy / Speculation / Re: BTC Sentiment Poll for June on: June 15, 2023, 04:35:05 PM
HELLO JUNE OF WONDERS!



June isn't obeying anyone's predictions. I see no moon in June, I see no side movement in June. All I see I digging and digging down the well. June want to reach 20k and it is so determined. What will stop it from happening. Indeed, cryptocurrency is unpredictable.
With the beautiful performance of last two months,  I really thought bitcoin will do more and hit 30k this month. Bit it seems the dream is dashed.
909  Other / Meta / Re: Offensive words on the forum on: June 15, 2023, 04:21:16 PM

SOKO-DEKE doesn't browse the forum with notification bot. So, he wouldn't know if you are mentioning him. Besides if he appears here, he will say this post is nonsense and it will cause OP more depression.
910  Other / Meta / Re: Save your nice merit records here - LAST UPDATE: 14/05/2023 on: June 15, 2023, 04:05:29 PM


I like these numbers and formation. I don't know if anyone else likes it.
Activity: 616
Merits : 515
I save it here.
911  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: June 14, 2023, 02:15:12 PM
swedish international Anthony Elanga (21) is not satisfied with his limited playing time at manchester united and could leave england's record champions this summer. there are rumors that german club rb leipzig has expressed interest in the winger...


I will support the transfer of Elanga Anthony out from Manchester United. He doesn't have playing time and to add again I am not seeing him like the future of Manchester United, unlike Garnacho whose future is bright in Manchester United. It will be nice therefore if Elanga should look for a place to play football and enjoy his young age.
912  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: June 14, 2023, 01:55:08 PM
snip
Newcastle is currently very ideal in showing their performance, plus the financial support is quite large they can do anything if they want to buy quality players. Because the owner really fully supports what the coach wants, it's no wonder that this season, Newcastle have finished in an extraordinary position. Next season, for sure, Newcastle has prepared a far more mature plan than this season, especially when they qualify for the Champions League, it requires more support. Their long-time dream has now been achieved by getting a UCL ticket, which has boosted their confidence. The management of the Newcastle club is not in doubt.

One of the driving forces and motivations behind Newcastle is money, and they have plenty of it, and the way they performed before Manchester United flipped them on the table, they actually did perform well this season, and because they have the money, they can also buy any player they want, unlike some clubs who back out because they always consider their budget. And, given how well Newcastle fared this season, they could do even better next season. I admire the owner's business mindset, since he spends resources to grow his investment, which is good for business. and everyone is expecting a big surprises next season will come with.


The success of Newcastle United is not all about money only.
There are people who will equally have the money but they will not do well within a short period of time. It was not even up to one season that the ownership of Newcastle United changed and they are already in the top four and Champions League. That is a combined effort of the coach, the players, the management, and the availability of money to add up.

I will oblige Newcastle United to continue with their strategy of improving the team and not to rush into it to spend a big amount of money. It is quite unfortunate that they came to the timeline when Manchester City is already there. If not, by next season, I would have tipped them to be the champions of English Premier League.
913  Local / Nigeria (Naija) / Re: Is tax relief ever a solution to the effect of the fuel subsidy removal? on: June 14, 2023, 01:35:18 PM
My plight is that many have been saying the only best solution is for government to grant every citizen tax relief and forget about the minimum wage increment. Personally, this is awkward to me as it amounts to creating a problem while trying to solve another.

I like to read from you guys about this.


We get two ways to look into this your matter but for the mean time President Tinubu moves dey positive. I for talk say we need both wage rise and tax relief in two different ways.
  • For government workers and Private workers them need this minimum wage rise. No doubt say price of goods and services don go upto 3x even before the subsidy removal. So, if the purchasing power is increased in both public and private sectors, things to try balance
  • Another na tax relief for SME and other business owners, this one go encourage people not to depend on government jobs and salary jobs and try use their hand work since government fit give them loan and tax relief join onto.
914  Local / Nigeria (Naija) / Re: Nigeria why😭😭 on: June 14, 2023, 01:12:59 PM
You see why it is good to do a proper research before coming here to sprout out information you are inundated with.  I was going through the news about it but there was no where I saw that the federal government banned binance from operating but rather it cautioned users and Nigerians to be much careful when dealing so as not to fall for scammers and it still remains n the stand of resisting banks from dealing on Crypto.
On the other end binance has refuted the claims and denied anything to do with binance nigeria limited saying I has no affiliation with binance nigeria limited.

Source: https://techpoint.africa/2023/06/12/binance-is-not-affiliated-with-binance-nigeria-limited/

No mind Op wey just post yeye post without link and without saying much thing about his post for person to understand. You think say federal government fit ban binance wey dey even sponsor plenty programs and projects for Nigeria including the one wey government own.

This time too I sure say nothing Naija SEC wan do. Na just because US dey always get issues with exchanges as per securities, na em dem wan follow trend. Believe ye me, nothing sup and nothing go sup.
Kpatakpata, if the new government stablize finish dem go make laws wey cover the activities of CEX in Nigeria.
915  Other / Beginners & Help / Re: Can bitcoin die? on: June 10, 2023, 09:13:49 PM
Bitcoin cannot 'die' because the things that can make it go extinct are almost certain never to happen. Of course if there's no more mining, there'd be no Bitcoin, but it is quite impossible that all the countries in the world are going to ban Bitcoin mining. To add to that, miners will also always have the urge to mine because of the reward they get, even when they no longer receive block rewards, they'll get transaction fees.

Another reason that can make Bitcoin to 'die' is if there is no more demand for it, but Bitcoin has an actual utility and solves problems, thus i don't think its demand can drop to zero.
Anything that has a beginning will have an end. We cannot totally predict what the future hold for us and not even in the case of bitcoin whose origin and future is controversial.
Bitcoin can die, but the process which Op anticipates that bitcoin will die is not possible. It is not possible for the government of the whole world to have a concensus of simultaneously banning mining across the whole world.
916  Other / Beginners & Help / Re: Goal Achievement on: June 10, 2023, 08:44:12 PM
It is a good one that you have gotten almost all the keys needed to be successful in this forum. It is now in your hands to join effective discussions in the forum. For you to be able to make good discussions you should have the habit to learn and research about bitcoin even outside the forum.

Many newbies do not actually know the purpose of this forum and that is why they lose interest at some certain time. You have to first be able to learn and then you can be able to earn. That is the secret.
917  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: June 10, 2023, 07:43:54 PM
Manchester City Vs Inter Milan
Injury Update: KDB is down and the meds are attending to him hopefully he gets better and continue playing the game but of he goes out in this game and Inter Milan continue pushing the attack then I think City will be in big trouble. No one expected Inter Milan to come all out against City but surprisingly Inter Milan is playing a massive attack and massive defense type of football hopefully it will favour them to get a goal.17

Kevin De Bruyne is out.

FOOTBALL IS ALL ABOUT HISTORY
2yrs ago when Manchester City lost Kevin De Bruyne in the finals against Chelsea, we all knew the outcome. Who knows if History is about to repeat itself today.
Immediately Kelvin left the team, Manchester City midfield has lossened and I think the whole match is balanced for now.
918  Economy / Gambling discussion / Re: UEFA Champions League 2022/23 Season on: June 10, 2023, 07:22:01 PM
Official starting XI for City


Source: https://twitter.com/ChampionsLeague/status/1667588101949014016


Go city go, starting now, enjoy the game.
This is the best time in football for Manchester City to be the champions of Europe. This line up is over good, over standard and over inform to win the Champions League. Seeing the combination of Gundogan and Kevin De Bruyne in the midfield will give you the impression of how guided the attack will be.
Unlike what I thought that Manchester City will rush Inter Milan in the first half, but I am surprised that the match is balanced so far at about 20mins into the first half.
919  Other / Politics & Society / Re: The effect of border opening to a country on: June 09, 2023, 11:55:35 PM
weapons can be smuggled in
When you talk about smuggling, whether or not border is closed, smuggling takes place. So, rather than a government trying to close bother totally, they should instead try to reinforce the agencies in charge of checking the Inter country movement of goods and people.
If you because of bad eggs and shut the whole border against a country, it will bounce back to your people when your business will begin to cripple.
The world is connected, everyone country needs another's help to survive.
920  Economy / Economics / Re: To Hodl or Lend: What is your take? on: June 09, 2023, 11:36:54 PM
Basically I am a holder.
 but on the other hand, this will depend on what kind of person and goal you are. Holding for me is more precious to do because this is for Bitcoin. Something tht is very risky but o  the other hand can be exactky very promising at once. As long as we have the right time to do DCA and make more for holding, it will be exactly worthy, won't it?


I have never heard the concept of lending or do it, so after reading Op, I thought they were trying to explain staking in another method. This is because in staking you still need to give up your capital for a certain period of time for a percentage interest.
But if lending means to give out all the coins such that you won't see it in your portfolio any more until it is returned, I think it is risky to do.
I won't risk my capital for a little profit. I will better be patient till when bull run comes and the coins will still grow in my hands.
If you really do not know about lending, it simply means you probably don't make use of centralized exchanges, or yet to get familiar with all their features, or lending services like Celsius before they went bankrupt..
Lending is pretty much very popular In the crypto currency industry, staking is also another means through which investors get to earn some interest as well, and is completely different from lending, leading means borrowing your money out completely, to earn some interest when the borrower returns the money...

And yeah, I agree wit you though, I would rather hold my money my self, than lend it out, but I believe one of the reasons why investors lend their asset is because it helps them to hold much longer without having the temptation to sell, you can't possibly want to sell an asset that is not in your possession.
You are right that I do not much about centralized exchanges. I don't honestly know, even the staking I'm.saying about, I haven't done also. I came into the crypto space and embraced bitcoin directly. And with bitcoin you may not get bit returns ad you may desire but one thing is sure that you will have some peace of mind.
I do not mind having to learn about these 1000 means to earn in the crypto world. But my reluctance is that the crypto space itself is a risk. Being in it is risky and going into more other risk may be very bad if not well handled by the person.
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