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1  Economy / Economics / Money is never enough! on: June 01, 2023, 04:25:46 PM
Think of when you hit a jackpot, and some cool cash slide into your pocket, you feels better and step up some pride and involved arrogance, you feel like you can buy the world with your peanuts lol, bro, I little shopping out of it can makes you look like a poor man again. There is this oil dealer guy in my community who happen to be hot market pro in the oil industry, he owns an oil well but this guy it gets to his head and start contesting for political power which he has lose twice now and the worst of it now is that the oil well is dried because suck the money into politics, loss everything. This money is never really enough, no wonder even the President of nations still fights to get money after office.
2  Economy / Speculation / Opportunity to buy on: June 01, 2023, 04:02:30 PM
This is a great deal of opportunity when the price of bitcoin keeps going down, I want you to seized the opportunity to buy and hip. We have no ideas what is currently happening to the market but all hope are not lost, bitcoin will take us for a surprise and I don't want to miss the chance or feel regrets not obtaining any amount of bitcoin. Even as bad as the price is, some people are still making cool money out of it, that's mean we never loss investment when you really understands the value of bitcoin. I know some will kick against my tips but what's your reasons?
3  Bitcoin / Bitcoin Discussion / Re: Trust in cryptocurrency? on: May 20, 2023, 01:05:13 PM
Recently, I've been wondering, and based on the people I live with, I'd say that only 20% of them know what cryptocurrency is.
Sometimes I ask my friend or colleague if he knows what Bitcoin is, and if they're young (20-35 years old), they say, "Yes, I've heard about it. But I don't know much about it."
If I'm talking to older people (40–60), mostly they don't know what it is.

We are living in a world of big changes in every aspect of life. But do you think it will be time when cryptocurrency will come into our lives and be normal for all people? Will people be able to trust crypto?

I'm wondering what your opinion is about this.

Not everybody will know what crypto is, and I don't think there is a time when it will be normal than now that's normal already, the whole world have heard of crypto already maybe few aged people and infants who do not know much about it but let's says bitcoin is popular already as long it didn't crash overnight then generation to come will meet it and it will only get better if the price keep booming and many altcoin are equally growing and affecting both government and individuals positively.
4  Bitcoin / Bitcoin Discussion / Re: My friend's investment in Bitcoin on: May 20, 2023, 12:58:02 PM
Well, there nothing wrong showing your friend what you're into, but you know bitcoin investment is highly risky, I have made the same mistake of telling my friend to invest and when he loss his money, it seem to him as if am responsible for his loss or am indirectly aware how his money went to loss. So my kindy advise when telling people about bitcoin tell them to take enough time to learn first, when they learn and be satisfied to invest, at that point you're no longer responsible because the person knows what is fully involved.
5  Economy / Economics / Helpful mineral resources on: May 17, 2023, 07:08:30 AM
Africans are blessed with a lot of minerals that if this resources are gainfully used for benefit of their citizens, this God given resources would add colours to Africans. Countries in Africans like Nigeria, Serial Leone, Ghana, kenya, south Africa and lots more you will a lot of natural resources either misused or abandon by government and even if they see need to use them, is either abused or mismanaged. Petrol in Nigeria till today is been refined outside country and still import back to Nigeria on a high price, lots of minerals like coals, salt, kerosene, gas, petroleum and so on but no appropriate handling of this resources, so even the citizens can not benefit from it. If Africa can make use of their resources well, they will be more independent, free from indebtedness and indirect colonial system of other countries.
6  Economy / Speculation / Wrong Predictions as price keep failing! on: May 16, 2023, 02:02:02 PM
Nobody bitcoin price prediction has work this season, I told my friends early January that this year will still be difficult for bitcoin to rise since they're still blocks on digestive and ingestive policies of government, why bitcoin should not stay by government. But they argued me to a fault but I knew bitcoin will not gets to $40k this year. The price will definitely rise but not at the moment. Do you predict the price to any level year?
7  Alternate cryptocurrencies / Altcoin Discussion / Most altcoins are fake (wakanda) on: May 16, 2023, 01:48:32 PM
The first Africa crypto project was established to steal people's money, when wakanda came out in towards July 2021 and did the burn in September, many people wasted their hard earn money to buy enough, I personally use $300 to buy wakanda which accumulate 2billion plus, but since then, wakanda never rise for once, only going down, my money is less than $10 remaining.

Please what is the aimed of those people doing fake crypto currency?

8  Alternate cryptocurrencies / Altcoin Discussion / Why is PEP20 preferred wallet address? on: May 16, 2023, 01:21:18 PM
I wanted to do a transaction on binance, i buy carlty coins with usdt, I try several times the transactions keep showing unsuccessful, only to figure out that the address must be pep20 binance smartchain. Why is this PEP20 preferred wallet address to others?
9  Other / Beginners & Help / Can someone stole your money with seed phase? on: May 15, 2023, 02:00:43 PM
Will someone have access to your wallet without your device but the person manage to see your private keys and copy them without your knowledge. Will the person be able to withdraw your money or change password and block you from having access to your wallet?
10  Other / Beginners & Help / How old are you now in bitcoin investment? on: May 15, 2023, 10:04:47 AM
When did you start your bitcoin investment? Some people are now grandpa's in bitcoin community. Although it doesn't really matter when you heard about bitcoin, but what you've achieved through bitcoin. Is bitcoin helpful to you all this while? Or you've quit from bitcoin as a result of ugly experience? Let's discuss
11  Economy / Economics / How do banks generate income? on: May 15, 2023, 09:48:37 AM
Financial institutions (banks) are responsible in handling financial issues, records, accounts and income of individuals, companies, churches and organizations. They respond promptly according to your demands on your accounts, they also have zero tolerance for fraud and are very security conscious, security intelligence and anti financial crime expertise but they've policies of not collecting dime from customers accounts yet banks are most wealthiest institutions on earth.

How do they make money?
* mortgage - using some billionaires account to buy housing properties and leasing them
* estate and lands with same patterns
* SMS alert charges
* Transfer charges
* Syphons dormant accounts or dead people accounts that are inactive with enough money in it.
* ATM and investment cards
* sales of currencies like dollar to naira
* preparation of international documents
* savings people's valuables like gold, certificate, court documents, WILLS, and so on.

This is what makes financial institutions very wealthy.
12  Other / Beginners & Help / The cost of maintaining wallet on: May 13, 2023, 05:24:15 PM
Those who are running long term investment, always have to undergo the active maintenance of seed phase, password, device for instance if your phone lost, you have to look for a way to restored everything into your new device, most people lost their seed phase, private keys and wallets that's why I have come up with little ideas especially if you're this carefree person.

Once you own bitcoin wallet or other crypto currency, thinking of how long you can maintain your wallet follows this steps,
First send your seed phase or private keys to your emails, also use them to compose a little song only can listen anytime, write it down in your diaries, and makes sure have a google doc to save your wallet keys and other information.
13  Other / Beginners & Help / Re: Which of this is plagiarism ? on: May 13, 2023, 05:03:59 PM
Is very important to acknowledge authors and article writers even in academic world is a serious offense if you failed to give the credit to the original books authors. I think the forum is using it to strengthen the forum usage and recommendations which has help the forum to maintain a healthy rules and regulations especially if you're purpose of joining the forum is quite significant.

But there is something I want to point out here using this medium, almost the banned accounts hardly come back to the forum probably they don't have access to explains what happen or why they should be given another chance despite the email provided, it seem null and void email without solution. We are all humans binds to make mistake let the banned accounts give chance to express what happen.
14  Economy / Economics / Why you should use spare money to invest on: May 12, 2023, 04:13:12 PM
There is no normal being that loves getting losses on business, career, investment and trades that's why even company holders make financial policies to keep record of investment and profits flows. And unlike other business bitcoin also makes sales and losses if you do not investment wisely....is nice when you put in what can not put you sickbed or gives you hypertension, don't invest out of what you cannot withstand the loss.

Is better to use small money or learn risk management first before investing especially newbies.
15  Economy / Speculation / The price of bitcoin is not rising soon!. on: May 11, 2023, 02:51:41 PM
The movement of price index has clearly show that the price will not rise this year, is almost half a year now since the price drops, this is far beyond inflation and fiscal policy of the government, I think bitcoin is suffering heavy weight withdrawals and it might end up been this Stuart for the year.

Out of  100% of international market chats bitcoin is beneath the range price counts of crude oil, gas, gold and diamond, that's means bitcoin is far from rising soon.
What do you think?
16  Bitcoin / Bitcoin Discussion / Negative influence of bitcoin on: May 05, 2023, 11:19:23 AM
Every good thing has side effects, I believed bitcoin ha play roles of changing lives and improving digital structural economy. But bitcoin also has negative damnation on lives by impoverishing people of their spare resource and income. Today I want point out some negative impact of bitcoin on societies such as:
1. Bitcoin is not easily understood by people with no knowledge of it, at such scam and fraud is high on them.
2. No refund to anyone who incurs loss through keys, seed phase or fraud.
3. Privacy- bad people trying to give bitcoin bad name by faking bitcoin apps and site.
4. Cyber hacking - cyber wizards an fraudsters makes people to loss bitcoin wallets and money.
5. Price vitalities - bitcoin price is unpredictable and nobody as monopoly of the market.
17  Other / Beginners & Help / The fear of losing bitcoin... on: May 03, 2023, 07:12:00 PM
I have seen and witness people involving in bitcoin, most people can not stay a moment without panicking. A colleague of mine who have Minuit bitcoin has buggy me with chats and calls to update if bitcoin will survive this years, why can't people know what you're engaging into first before diving into it and start acting like a child. Different set of people are into this bitcoin, even people don't have investment are making noise of bitcoin price collapsing.

But come to think of it many have bitcoin in B figures but you can't hear them making noise but people with $30 will not allow you to rest especially if you're responsible for introducing them. Bitcoin will rise when is due to rise, remove fear and plenty rumors.
18  Bitcoin / Bitcoin Discussion / Effects of war on bitcoin on: May 03, 2023, 06:36:42 AM
Different countries issues is the reason why bitcoin is suffering price loss, when countries are not at peace with others, the whole nations suffered economic crisis, I remember when the price of bitcoin start going down was same season Russian x Ukraine start economy wars. Bitcoin seem to remained statics because of sentiments by this countries attitude towards the resourceful digital products that would have swim financial hardship.
19  Bitcoin / Bitcoin Discussion / Re: What will you do with bitcoin? on: April 29, 2023, 06:16:25 AM
Is not everybody that have the stamina to hold too long, I don't think if bitcoin hit $70k I will still holds no, I will sell and wait when it will fall again below $60k. People have different investment priorities and needs, most people wouldn't wants to delay if the price gets to $70k-$80k that's huge progress to many, ah you don't understand. If you've up to 4units of bitcoin currently and keep holding till the Price reach $80k you're on big time benefits if you want to cash out. But some people will still holds, is choice.
20  Bitcoin / Bitcoin Discussion / What went wrong with bitcoin! Reply on: April 27, 2023, 02:49:37 PM
I caught two persons arguing this morning that led to this post, one on the other hand says this person introduced me to bitcoin July 2022 while i was doing my normal buying and selling of yam and palm oil, quoting him; my business of selling yam was doing good, I buy yam in bags with palm oil and I have a store where I normally distribute it to customers, before he came with his ideas of buying and storing bitcoin and since then I have not gotten shishi, all my money has gone and am asking him to explains what went wrong? What happen to my money or bitcoin? Why is it only eating and not vomiting?

My reply, sir generally the market is down not only to you but everybody, just exercise patients because even myself can not explains to you why the price is not going up, I guess this is as a result of low demands and supply's chain of distribution of bitcoin that has affect the market but don't panic am sure you will recover your money when the market rise soon, but how soon he ask? I said the market is rising slowly already.

The argument ends but I want to draw this lesson to everyone;
1. When introducing crypto to anyone let them know you're not responsible for anything contrary.
2. Tell them you don't control the price, the system does.
3. You're not liable to any losses
4. The person should make good decision before joining
5. Don't collect money from the person to trade or invest for them. Them should do it themselves.
6. Don't tells the person when to withdrew his or her, they should chose went to.
7. No promises for anybody joining cryptosystem is a free market.
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