Don’t bother asking for prove because from the description OP provided on this thread it is definitely a scam. Either OP is the scammer or OP is about to get scammed too. Firstly of all the 15 years experience in future trading on binance and Bybit is not true. Binance was founded in the year 2017, Bybit was founded in 2018 while bitcoin it self which is the first cryptocurrency was founded in 2009.

Yes they were trading way before this like forex but its futures weren’t dated that far back. The trader might have a daily 100% profit but I don’t think they can keep the winning up. No trader will assure you of profiting on ever trade, promising every success in all trades is even a way to dictate that the trader is a scammer or liar

I think you’re misunderstanding the whole thread mate, OP isn’t talking about Altcoins not been coins but rather he is referring to some of them as not qualified to be tagged an Altcoins because they do not have their own parent chain like the likes of Ethereum, BNB and Solana, but rather they are tokens build under this coin’s blockchain. Also the term airdrop shouldn’t be in same category as a memecoin. An airdrop is just a giveaway or reward giving by a project developers for the work or engagement the users did on the project.

Memecoins are just usual coins/tokens but under this classification based in their meme like name or logo. They are mostly pump and dump coins/tokens that shouldn’t be regarded as coin for investment.

That’s the way the government painted it, but the main reason why they are trying hard to bring every P2P platform down is because they see it as a place where manipulation of naira/usdt take place and to them it’s the main reason why the Naira currency is depreciating against the dollar. You ask me if they are right, my answer will be Same way other countries governments think bitcoin is the one aiding money laundering and neglecting other actual things leading to it is the same way Nigeria government are focused on the P2P.

Yes i wouldn’t say the P2P has a very large/rapid adoption rate because it is the easiest way that the citizens get hodl of the foreign currency but it definitely isn’t the manipulator here or result of money laundering. The government just wants to get hold of a thing to accuse and cryptocurrency came right into the equation for them

For someone totally new to this cryptocurrency space, I will say it is very bad idea or advice as you say to look into Altcoins. OP is looking at getting into bitcoin for investment purposes there is currently no altcoin that stands out as an investment asset. My advice is for OP to stick around bitcoin and bitcoin only. Altcoins are gambles no matter how they paint it. I am not disputing the putting money into it but not for newbie like OP.

As for resources to read, OP doesn’t need TradingView which is a tool or platform for drawing Charts, it is mostly used by traders which OP currently isn’t and shouldn’t consider going into (at least at the moment)

I think OP will definitely update us on this thread about more.

Seriously about the tax I will say the business owner isn’t paying that on for either bitcoin or usdt. My reason been that he would definitely have to hide from the authorities that he accepts bitcoin as a payment option. The government is currently placing heavy restrictions on bitcoin and cryptocurrency at large at the moment in as much as I would love more people to accept it into their businesses I think it is way too risky for now. So for tax I am pretty sure he isn’t pay for that? Because if he does, he might currently be facing the law for using it as a payment option.


In the past the government had a relaxed policy on it, so the interview must have been conducted prior to this month. At the current moment the government is going in heavy with those involved into bitcoin and cryptocurrency.

Wow never thought of it that way  but that will definitely push the price up there for a bit though if it is a one time purchase. No exchange will have such amount of bitcoin, we could face a liquidity problem. At the current ATH of $72k that $180 billion would amount to 2.5 million bitcoins (~12% of the total supply). But let’s assume it happened it would definitely push the price there temporarily before it falls again because for a steady uprise of the price there must be a constant demand of the product not just a one time price. But if such a buy happens it will definitely cause a big FOMO

Although there are sometimes few cases but Airdrops and bounty like campaigns are mostly useless this days not like in the past. And I don’t agree that they give out substantial amount of money except if you have large engagement like social media followers which might have translate to a large amount of referrals but overall the stress isn’t worth. If you engage in 10 airdrops today you will find 2 that later pays.

For the security of your wallet the first thing is your actual wallet that holds your coins shouldn’t even be on an online device not to talk about connecting your wallet. If then it is a little amount of funds and you decide to put it on an online device then you engage in airdrops that actually ask to connect wallet then you can use a different wallet (burner wallet) for it and shouldn’t leave it connected once your done

Without going to get a job I think one strategy that knowledgeable traders use to get money to trade is to either sell their course or start paid tutorship. There are many traders out there that don’t want or cannot self learn so they pay for mentorship. Traders with knowledge with much capital offer this services. Another one so they sell signal they generate. Although I don’t support newbies going for this especially paying for signals, but it is a way some traders earn. So a knowledgeable trader with little or no capital can actually offer paid tutoring for complete beginners.


This is most at times called account management. This is the riskiest thing to do in trading no matter who knowledgeable you’re. If a trade goes wrong and the funds lost most clients ask for their capital back. This is same thing as borrowing money to trade and it is very bad that has even worsen the situation of a trade self

You should have provided a link to the video so that one can actually listen and know what he was saying. But one thing I know is if a large amount of bitcoin is moved from a dormant address not necessarily by Satoshi himself then it will cause FOMO or let me say FUD as many will think it’s for sell. One thing I know is Michael Saylor is a big bitcoin enthusiast and he always talks about bitcoin been hold for a very long term and not been sold but that doesn’t mean you shouldn’t sell when you need to sell, just make sure it’s in profit.

Also bitcoin wasn’t built for just profit it was introduced by the founder as an alternative currency to the fiat currency but since it’s has an advantage of not been affected by inflation people see it as an asset that can grow and the hold for profits but the main reason for bitcoin creation was to be a currency.

BCH was a bitcoin hard fork that happened in 2017 so anyone that had bitcoin before the fork happened also got distributed the BCH equivalent of the same number of bitcoin

Exactly the bitcoin market cannot be manipulated by an entity. When you see this large investors public sell or buy they usually want to create FOMO in the market. This allow other investors to follow their lead either to sell or buy and since the price of bitcoin is strictly based on supply and demand the price takes the direction of those FOMOing if at they have a large volume. Since the market or bitcoin is decentralized the entity trying to create this trend usually have their wish for just a short period of time.

For me there is no secret way to get the bitcoin price to $100k aside trying to create a larger demand volume for it  and this is not something an entity or investor can achieve

I will tell you this although it’s different in most countries but once you see an elite been fined first after committing a crime then know that he would be get lesser punishment than a Normal Citizen. For this case of CZ I think he might have a very good legal practitioners (he surely did) that actually knew that if he pleaded guilty early enough he would be getting a lesser sentence when court later gives his verdict. I had definitely wondered why he actually accepted guilt earlier and stepped down from his position. I think this less sentence was the reason why.

To shade more light on what is quoted here is, the wallet wouldn’t ask for a second signature that was been done by trustedcoin when you had it enabled but it did used a second signature. The second signature came from you seed phrase or let me say wallet file. When you re-imported the seed phrase and disabled the 2FA the wallet still had two master private key on that wallet file, that’s why the transaction went through without trustedcoin signature since it is 2-of-3 multi sig.

You need to know that without transferring your bitcoin to a single standard wallet your transaction fee will be higher and seed phrase security is still same as a single standard seed phrase

First of all both of this are essential part of trading but in terms of weighing through them I pick knowledge as the most important aspect to acquire before anything. My reason is when one has knowledge at hand they can easily get idea on what they need or how much they need to get before they can fully trade. This is also citing that after knowledge, that capital is very important aspect again but not to knowledge

I think both of you mates are referring to the normal bitcoin transaction fee which is not the case for the OP he is actually been charged for using the 2FA by Trustedcoin on electrum. The charge of 0.0005 btc is issued for every 20 transactions done on That wallet and not on every transaction.

No For you to be charged you have actually done 20 transactions on that wallet. For the next 19 transactions you will not be charged. You can actually deactivate the 2FA if you don’t want to continue paying the fees in later stages again by reimporting the seed phrase and deactivating it.

This seems to be a good idea if you ask me, the old ones do not have any internet connections and only come to live as when a SIM card is inserted, they can be used for the purpose as you can save messages as text on drafts. They are definitely below the $40 price. My only problem is you cannot switch them off for a very long time as they usually run into ba3 problem but it’s a good option.

I actually feel the FUD in price by many investors, this is actually the first time in 6 moths that a monthly candle closes in bearish sentiment. Since from September 2023 all months have closed In a bullish sentiment. So April closing in bearish shouldn’t be a thing of worry if you ask me, we all know that bitcoin price will definitely come back to correct or technical come down to sweep liquidity left at the bottom or the Fair value gaps left behind (FVG).

On the bitcoin price, I see first of all a strong support $56,754 and I think for now it will hold except if any bad news comes into the market then we might have to clear more liquidity below and a new support at $54,445 to $52,345 will be my new demand zone. As for the resistance it is currently trying to hold a level between $61,195 to $63,245, a break from this region will push us up. For now with this month starting in a consolidation phase i will say my highest price peak for the month will be $67k region, while the support will be at $52k region.

This is a bit different from what OP was talking about, you buying in crypto market no matter the price of it you know that it will actually rise (discussion centered on bitcoin) and since you have money on you, you buy even of the price is fluctuating because you know it will increase in the due time and you take your profits. Even with this certainty you actually applied the cautionary measure of using funds you can afford to lose. Had it been other Altcoins you will have wait for a price fall rather than buying the pump.

In the example above, the OP stated that the supply was definitely going to drop but the question was when, but still going in was more of a risk that shouldn’t be rushed into. No sales at all is better than selling in loss.


In a situation like this you’re definitely sure that the supply price  will reduce In due time but don’t know when and also not knowing the exact time your inventory would drop or finish, as someone who wouldn’t want to lose his customers at this time it is best to simply go in for a little supply that you can bear the risk or wait for the supply price drop leaning to the remain inventory

Yes since from electrum version 4.1.0 the default address has been a p2wpkh, but I think you can still restore other addresses from same private key when you prephend.

p2pkh:private key for legacy address ( address starting with 1), p2wpkh-p2sh: for nests SegWit addresses (address starting with 3) and p2wpkh: for Native SegWit addresses (addresses starting with bc1)

Here is also how to use console on it

Yes it is a synchronization issue and the last time I read about it was that the Tor network in the wallet setting was. Automatically turned on and since you don’t have an Orbit the wallet would have a Synchronization problem. So why don’t you locate the Tor network in the wallet setting and then turn it off to see maybe it could be the same issue you are having

This is a bit awkward because the difference is too large, the only times this difference occurs is when you import address and maybe forget an address like the change address and there is a balance there. Or maybe the mycelium wallet hasn’t synced properly and might still be using the old bitcoin to dollar price, you know the price is falling.

My thinking is that maybe the aggregator for bitcoin to $ for the wallets are different but still $70 is a huge difference. So maybe you should rather check the bitcoin quantity instead of its conversion price to dollar and possibly check whether mycelium actually synced.




All addresses are the parent addresses, when you create an HD wallet on wallets like electrum then it gives you 20 addresses to recieve bitcoin so it depends on which one you have used.

What you should do is if you have used just one address from that wallet then go through the addresses on received address and the one with only balance showing is the address.

Mind you, you can’t get the result of the total balance by checking using explorer because the wallet might have coins on change addresses too