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Any how Sha make every body dey on guard because anything fit happen but no go rush sell your Coin especially if you been buy when the price been dey up because the price go still go up again so na to just dey patient small no go sell now wey price don come down and you go loose money.
Na true na this time no be the time to sell at all because the price still they very down and selling now go results to lost of money especially for people way buy when the price they very high, the thing be say patience na him be the determining factor when it comes to investment because e they obvious say the market no go always move the way we expect am, at times e go come down and sometimes e go move up but one thing way they important is patient, however one of the things way I like about Bitcoin be say no matter how the price go drop reach with time e go surely come back to the normal price and even break am go more further, so I don't think their is need to panic. |
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Yes bitcoin needs advertisement and orientation to people to understand because many people didn't understand anything about bitcoin and they only know the name of the cryptocurrency so education is needed to these who are still confused about the digital currency. Knowing bitcoin is different from understanding it. And those who benefited from the miners would first of all know the source of the light before they would like to involve or joining the investment or mining or trading.
Bitcoin has been advertised in different ways directly or indirectly.
For me I don't think their is need to advertise Bitcoin because already even on the news they mention about Bitcoin so if someone is interested or has passion for it he/she could start from their, also one thing that needs to be also considered is that is Bitcoin generally accepted on that particular zone? So perhaps if those questions are answered then you can know if their is need to advertise because the reason why I'm saying this is because of the kind of country we have, were most people are resistant to technology and sees any opportunity online as a scam, so sometimes we could be trying to educate people about Bitcoin and even get into trouble on the process through the people you feel you are helping. |
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Op no be lie you talk Bitcoin don give hope to the hopeless.Na during bull run season na investors go know say bitcoin na really opportunity to get rich in the future.And one thing to know be say bitcoin no be quick rich scheme,before bitcoin go give hope to a holder the holder need to get patience and get something doing to continue accumulation of Bitcoin and na to use the best strategy DCA strategy to accumulate bitcoin.Bitcoin investment na one of the safe and best investment portfolio wey dey give huge profit return.
Nothing like bitcoin in the cryptospace. i'm sure one can never regret investing in BTC. Just that the more you invest, the more money you make if you are a long holder. Just that people are just abit scared because of the little dump that is occurring in recentvtime. The dump is normal,vso newbie shouldn't be scared as it's coming back to surprise aii used Well said, truly their is nothing like Bitcoin in this crypto space because is the best thing that has ever happened to us and with the kind of value it has even if the price is currently fluctuating it shouldn't affect people from investing because in the future is going to worth it, however I also agree with you that the more we invest the more profit we could also expect in the future because in as much as Bitcoin has a great value but if we are not consistent on a regular investment on Bitcoin in the future our profit will also be very small, so the better we continue adding to our investment portfolio the better chance we would have on having a good profit return in the future. |
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First of all I want to acknowledge your wealth of knowledge and contribution to building the 9ja local board and also making sure that bitcoin and cryptocurrency related topics are well discussed in the local board to help newbies gain right and informed knowledge about cryptocurrency Industry. Me happy well well for you as you achieve this one this time, and I want be among the first to wish you a big congratulations on your new task to help the naija local board more. Igebotz congratulations.  This is just what we needed, congratulations @igebotz we are happy for the privilege giving unto you because you actually deserve it. However one of the things way they make me happy be say our local board done they change shape from that very day way you start work because the local board been they turn to something else but now with the regulations people go they very careful and think twice before them go open a topic, also through this development e go help us to improve our knowledge and quality posting. |
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Talking about lucrative business to start in nigeria, although there are so many business that can profit you in the future depending on how you manage it. However I think food items business is considered as one of the lucrative business in nigeria. And also provision store,and restaurant business this are the 3 business that can profit you in nigeria, then before looking out to open a bet office this business is also moving well in nigeria. If you're planning to establish a business in nigeria it has to do with anything eat able, that's the business that is moving very well in nigeria.
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Yes brother I understand you perfectly,but if pressuring someone to invest in Bitcoin I think is good pressure them because many don't know about the help of Bitcoin keep telling them let them have interest and passion in it because is a lifetime investment platform,don't give up
To me my boss has been telling me about Bitcoin how it generate wealth in future then I don't give listening ears to them till I see things my self ,let them know about it don't give up with time the person will know the usefulness it Bitcoin
I believe it's not right to pressure someone into making an investment in an asset, yes Bitcoin is very beneficial if one understands it but pressuring someone to invest in it cause you think it is beneficial is not a good way to go about it, due to Bitcoin is a very good asset for investment but due to it's volatility I think investing in it should be by choice and not by force. To be honest I wish I had invested in Bitcoin when it was 40k and below I would had benefitted a lot currently but then I would not go about forcing anyone with the funds to invest it in Currently, rather i will advise them on the benefits of investing in and how it would be very profitable to them in the future, especially for those who would be wiling to make a long term investment in it. Take for instance you advise someone to invest in Bitcoin when it's about 60k and they use the little they had to invest and Bitcoin drops to 30k or below now what are you going to explain to the person when they get liquidated. Bitcoin is very beneficial but it's volatility is enough reason not to force anyone into making investment in it. I totally understand how you feel,but how about those people who has full knowledge about bitcoin investment and have chosen not to go into it as a result of not being financially stable, Where did you expect them to get the capital to start up the investment? I think it depends on your personal decision, you don't have to pressure anyone to go into bitcoin investment, aside from bitcoin investment there are some other investment out there that can profit you in the future, we don't have to make it look asive bitcoin investment is the ultimate, there are some people who are not into this crypto space but yet they are doing absolutely well. |
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Wether they take quick profits or not Bitcoin still remains, it's all by choice and how we view from our perspective, each investor knows what's suitable and good for him because the needed funds used to invest was raised by him, despite all these happening, we only just advise investors to purchase/ keep on purchasing Bitcoin, restrain from selling and continue to hold for the long run in order to maximize the profits and store this wealth for a longer time.
Emergency funds are compulsory units in the process of accumulating Bitcoin that should not be neglected, life is full of unforseen circumstances that may come either at the appropriate time when funds is surplus or not, during this point in time a persons emergency funds will step in to resolve that issue instead of altering one's investment portfolio just to solve the need.
But unfortunately, not many Bitcoin investors can determine when they will take their profits. Many of them cannot wait patiently for the price of Bitcoin to increase very high. Most of them are still consumed by the issues raised by unclear news. If you been in bitcoin since your forum registration date of August 2016, then surely it is possible that you have accumulated enough BTC, yet to me, you sound like you are looking at bitcoin like a trader, and you are ultimately likely to be ending up selling too many BTC too soon, because you do not recognize and appreciate that long term investing and building wealth takes time, and when you get there, you are likely able to recognize an ability to start to make withdrawals... but yeah, if you are fucking around and trying to figure out when to sell in order to buy back cheaper, then you are playing a different game, and you are likely going to have fun staying poor because you are selling too many BTC too soon instead of having a plan that ultimately results in being able to either engage in sustainable withdrawal practices or raking practices. Raking practices can usually be started quite a bit before sustainable withdrawal practices, but guys can come to differing conclusions in regards to employing such practices. Indeed he sounded like an investor whose intentions are for trading because I see no connection between long term holding and the possible way of taking profit, though I may not know his own definition of holding but in terms of his statement above he is obviously mistaken holding for trading, however your explanation to him is very clear and understandable so the early he takes another turn on his Bitcoin method of investment the better for him because it is believed that so many investors have shattered their investment do to a possible way they feel they can navigate into getting a quicker profits. |
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Am fat and short, doing exercises are not always easy for me (laziness) but I think I will join this challenge probably I will loss some weight and add some height too  as I have decided to join I believe it will work for me, from tomorrow I will start to do my pushups as little as I can but I know I will try my best. I love your courage and desire because it takes a determination for you to take this decision in other to work on yourself and always keep fit, so one thing you must know is that consistency matters a lot in terms of exercise because that's the only way it can work more better, so perhaps as a starter you shouldn't be too aggressive on the push up so that you will not be too stress out, so perhaps at first you should focus on how your body can withstand then on the long run depending how your body is adapting then you can increase the number of your push up and before you know you could be doing 100 push a day and trust me if you are consistent enough you will be happy with the outcome of it. |
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I have not really been serious with my exercise lately do to some circumstances but considering how important or health benefits of push up I make sure to utilize every opportunity I have to do some Push up, so actually instead of skipping it althrough I had to make out a chance every morning before going out I do at least 50 push up calculating it from a couple of weeks now I would have a total of 50*16= 800 Push up, so with that it helps me to keep fit without too much of stress.
So I would highly appreciate if @Dirtykeyboard will add me to his system with the format below:
100k,Judith87403,50,800,2024-04-22
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It seems you are not following the right format of application, perhaps take time and study the application method and apply accordingly. |
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Guys, Given the new Merit System adjustments and my subsequent new rank, I am afraid I have to stop this initiative.  Thank you to everyone who sent their post. I am going to lock this thread in a few hours. I will take this as an April Fool because you said you would be locking this thread in a few hours, but it is up to 24 hours, and this thread is still open. I believe this initiative is still open until the day you lock this thread. It was fun actually, at first I forgot what first April represents till I realized myself, and secondly seeing @fillippone given the badge of a shit poster was actually funny. |
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Guys, Given the new Merit System adjustments and my subsequent new rank, I am afraid I have to stop this initiative. Thank you to everyone who sent their post. I am going to lock this thread in a few hours. You really got me there till I realized the date was April first, however it was fun seeing the forum in another moon on the April first because at first nobody saw it coming. |
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It seems you have forgotten the posting pattern, kindly visit the first page of this thread to use the right format. |
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Mia Chloe is right. Mining is a Poisson process. One important characteristic of a Poisson process, is that it is memoryless; whether a block was found recently or not, does not give us a clue about the likelihood that another block will be found soon. Whether the last block was mined 2 hours ago or 10 minutes ago, the probability of mining a block within the next 10 minutes remains the same. (Of course, under the assumption that hashrate is constant and blocks are mined every 10 minutes on average) As displayed in Wikipedia, the formula is: P{N = n} = Λ n * e -Λ / n!, where: - n: the number of blocks to find within 10 minutes - Λ: the number of blocks you would expect to find in 10 minutes. For n=3, Λ=1, we get 0.0613132, or 6.13%. The C++ code that implements it is the following: #include <iostream>
#include <cmath>
using namespace std;
// constant number 'e'
const double Euler = std::exp(1.0);
// return x^y
int power(int x, int y){
int i, z = x;
for(i = 0; i < y; i++)
z *= z;
return z;
}
// factorial of integer x
int fact(int x){
if(x == 0) return 1;
int i, factorial = 1;
for(i = 1; i <= x; i++)
factorial *= i;
return factorial;
}
int main(){
// P{N = n} = Λ^n * e^-Λ / n!
// n: number of blocks to find within given time frame
// Λ or lambda: number of blocks you would expect to find in 10 minutes
int n = 3, lambda = 1;
double P = power(lambda, n) * pow(Euler, -lambda) / fact(n);
cout << P << endl;
}
Just compile with " g++ -o mining mining.cpp" and run with " ./mining". See how abruptly improbable it becomes as you increase n. For n=3, Λ=1, P=0.0613132
For n=4, Λ=1, P=0.01532830
For n=5, Λ=1, P=0.00306566
For n=6, Λ=1, P=0.000510944
For n=7, Λ=1, P=0.00000729 I got the same answer on the below link?: https://bitcointalk.org/index.php?topic=5489635.msg63832047#msg63832047 |
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Question: What is the chance of having exactly three blocks mined within the next 10 minutes? You can assume that a new block is mined every 10 minutes on average. Cut-off date: 27/03/2024. probability 1/10 ...K= P(3:1) that (3 blocks per minute) = (e^-1-1^3)/3! =1/e.6 = 0.0613 ~ 6.13 ^ is a power function mean ^-1 ...-1 is to the function "e" same as ^3 to the function "1" |
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Are investors investing in Bitcoin at ATH now are fools ? Is there chance of major correction from here as prices have already peaked now.
For me I believe there is an advantage of investing on Bitcoin when the price is low but that shouldn't mean that we cannot invest when the price is higher because I believe that with Bitcoin anytime is right to invest because it has a very good potential, so I wouldn't say that those that invested on Bitcoin when the price has gone to the ATH is a wrong investment because I have a strong believe that in the future everybody will be surprise with how far Bitcoin price has gone, and also for someone who believes on Bitcoin shouldn't wait or hope for a correction on the price before investing because nobody knows if it will happen. |
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Maybe everyone in this industry field knows that Bitcoin is proven and tested when it comes to long-term investment. And that was given even more clarity when the
SEC approved the bitcoin spot etf. Because institutional investors started to accumulate bitcoin.
So this means that from the time they can directly buy bitcoin, it is clear that the profit that can be obtained from bitcoin is not based on luck.
The profits obtained through Bitcoin are absolute profits due to the trust many people have in Bitcoin even though there is also a slight element of luck in it. Because the SEC's approval of spot bitcoin etf is part of the good effects that arise from Bitcoin itself, it allows everyone to see profits through their Bitcoin ownership and now more and more people believe in Bitcoin and continue to invest in Bitcoin. Apart from that, the price increase that has been seen in the last two months can also be used as a basic reference that Bitcoin can indeed be relied on by many investors. In my own opinion I think profiting from bitcoin is not luck, reason been that there are a lot of people who invested in bitcoin as at early stage when bitcoin has no value. and they where patient enough to hold on to it till this time that bitcoin has run this far,did you consider this people been lucky to profit from bitcoin? or you consider them being profited from the Long term investment they made? however if you want to get profited from investing on bitcoin you have to make Long term investment, bitcoin investment isn't what you just invest and also expecting to get profited immediately after investing. in terms of making investment patient is also considered necessary, because if you happens to be a patient type I think you will be making massive profit from every investment you make. |
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My joy of buying bitcoin at the right time when bought my first Bitcoin has been excessive in this period that Bitcoin price have risen continuously.
My story
As a newbie and first-time investor and holder of Bitcoin, I made a decision that has led me to a stage of financial satisfaction within a short time, just by risking the right amount and at the right time.
I bought Bitcoin when the price was low at about $22,000 price and i went all in with the whole capital at my disposal, as a newbie i was sceptical, but also i was ready to take that risk.
Luckily for me, Bitcoin is now at 52 thousand dollars, and i feel so excited to see the number of profits that i have accumulated within the shortest time which no other investment can give such profits in such a time frame, so I am glad.
You are very lucky to have utilize the opportunity when the Bitcoin price was that low, it seems you invested huge for you to have seem such excited, actually it was wise for you to have invest on Bitcoin then because there are people who are still waiting for the Bitcoin price to drop more before they could invest and the price keep going higher so I believe that every moment is actually good for people to invest on Bitcoin. |
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What is the essence of buying and hodling Bitcoin like is it to accumulate it till it attains ATH then we sell it off and wait for a dip and start buying and holdling again or just accumulate it and start using it as a digital means of exchange or are we going to continue till the 21 million Bitcoins have be mined, already 19 millions have been mined remaining 2 million because overtime, i have come across several topics about buy and hodl bitcoin so i actually wish to know the sole objective of acquiring bitcoins.
Well holding or selling off your Bitcoin is totally the individual decision because I believe that each and everyone has his or her motive of investing on Bitcoin, so if you feel that holding is the best strategy then better, in otherwise if buying and selling to get quick profit is also best for you then is okay, but for me I use to be emotional if something is not going towards my expected points so perhaps holding will be the best strategy for me so that I will remove my mind from being curious about the price movement also I realize that holding doesn't involve too much risk unlike trading. |
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