Quote from: SmartGold01 on April 19, 2024, 12:31:29 PM

Have you also had this statement that our people regularly keep saying that "free food dey purge"?
Yes if you understand this adage you would know that you shouldn't have trust any platform or keep diluting their mere words without come to realities. It's true that airdrops are cool ways of starting the cryptocurrency space but you should also know that most of them has turned it the other way round where they don't always want to pay their airdrop participants rather, they uses them as an avenue to create and generate traffic for their site without you earning any from them. From most topic and some discussion I have engaged myself with it's known that airdrops where paying out huge time but of lately the only airdrops that I know is legit are the one who holds some specific tokens and in return for that, they will receive a specific amount as holders.

Airdrop is not something people would even participate because even you have the token some of them there is no where to sell and it will be in your wallet for sometimes years or months until the token issued listed in an exchange. Everyone has their encounter ways to start up the crypto market. I started mine with bitcoin in bitcointalk but the awareness was given before fully coming to the forum. And I don't think airdrop is a good start to the cryptocurrency. It looks like a scam to me. Though people are making from it.

Quote from: Dr.Bitcoin_Strange on April 25, 2024, 01:37:43 PM

The problem has never really been the casinos but people's and individual approach towards gambling.
Because the same gambling that's causing a lot of people crazy ass losses and frustration is also the same activity other people indulge themselves to have fun and relieve some mental stress.
So rather than expecting the government to issue a permaban on casinos, people should be more concerned with developing themselves and taking charge of their lives because that way gambling will have less negative effects on people who indulge in it.

Anyone that is so self-centered or that was addicted to gambling and gambling took a lot of money from will be talking in a way that gambling should be banned. Also some people that their parents and mosque have been teaching the lesson that gambling is not good can be saying something like that. But who wants gambling to be banned are like someone saying knife 🔪 should be banned because it can be used to kill. But everyone home has knife.

My gambling life basically started in the lottery side, I used to play massive lotteries in the real world. So tell us a detailed story of how you first entered into victory. And at present I am chiefly occupied with cricket, football, and Jackpot, I am present to gamble for a long time without becoming addicted. So how did your gambling life begin?

Well, Bitcoin has dropped under 60k and other cryptos have also started to dip a bit. So nobody can predict what would happen in future, it may dip even further. The market has been a bit unstable for some time. So investors should not rush in investing in this unstable situation.

Quote from: Cryptsafe on May 03, 2024, 10:03:05 PM

Looking at the regulatory aspect of it and the current rift raft with binance, I think the government don't want to cautiously handle crypto situations amicably in the country , they want it in a forceful way to fully control everything which is not possible hence their Banta with binance.

US sued Binance, Nigeria government officials told Nigerians to avoid Binance. US fined Binance and CZ, Nigeria government took hostage of two Binance executives and preparing to fine Binance also. Copycat. They are all illiterates for what they did. Can't they see other countries like India and Philippines? Nigeria government believe in wrong ways that they think are right. I have not seen people so illiterate like them. That is why the country is not moving forward.

Hi.Can I still write messages and get paid for it? Or is the company over?

Quote from: Cryptsafe on May 03, 2024, 05:08:44 PM

Quote from: enwi on April 29, 2024, 09:49:02 AM

Quote from: Charles-Tim on April 05, 2024, 11:03:21 AM

Quote from: Cryptsafe on April 04, 2024, 11:38:10 PM

Whereas, cryptocurrency is a digital currency which can be used for exchange of goods and services as per vendors payment terms.

Fiat can also be a digital currency. Even fiat has been existing electronically before the invention of bitcoin in 2009. When defining cryptocurrencies, two things are important. The first is blockchain as cryptocurrencies are making use of blockchain technology. The second is decentralization. Although, many coins and tokens are centralized, but not centralized like how fiat are made by central authorities.

That's right, as you said, several countries already accept fiat payments in digital form, but they all have an exchange ratio of 1:1 so fiat in digital form is only used to make it easier for users if they want to carry out trade transactions directly using fiat.

No doubt about it. Most countries would prefer to use the national digital currency when it comes to online payment than crypto because the government believe it is stable, regulated and controlled unlike Crypto which has no government regulations.
Another reason being that the ratio between the two currencies are equivalent to the dollar exchange rate and it has a legal backings which makes it valid and acceptable as a digital legal tender.

Exactly and as Charles -Tim said fiat can also be use as an online payment which we have been using so there is no big deal on that. If the shop or company accepts Bitcoin payment online and you have the bitcoin to pay for the goods then you pay but we have to consider the transaction fee compared to local.or fiat currency online payment. Fiat is free but you have to pay for the transaction fee in crypto. And the countries that accepting bitcoin for online payment are just few though it is an individual payment method. In my location I have only seen one shop accepting bitcoin.

Quote from: Cryptsafe on May 03, 2024, 06:18:42 PM

The other thought on my mind is that EFCC agents have been recruited to infiltrate these exchange platforms to pick accounts of Crypto traders dealing on crypto currencies. Some days ago, I received a circular from a friend which contains some names of supposed EFCC agents on one of the exchanges trading and finding account to victimise.

All I can say is that we ought to be very much careful and not carried away by the price we see online when ever we are on the verge of selling  our coin for fiat via p2p platforms.

Instead of going to through this means won’t it be better for them to just settle things with the exchange and look for how to regulate the Dollar/Naira rate? I’m sure most of them that will be involved in this will just do it because of what they’ll be able to scoop out for themselves not because of government work.