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I also saw a flash news today that the Binance CEO ask Nigerian government to release Tigran Gambaryan who has been detained since February. And this might generate another problem with them again because Binance is adopting international law to the case.

Binance CEO says Nigeria set dangerous precedent by detaining employee

https://punchng.com/binance-ceo-says-nigeria-sets-dangerous-precedent-by-detaining-employee/

Someone has said that before and in this year bitcoin has hit all time high twice. At first it hit $70k to surpassed the previous All Time High of $69k and secondly it hit $73k as the second All Time High so if you are saying that we won't see another one again, I would not doubt you because it has been predicted by others too. But many people are still waiting for the prediction of $100,000 All Time High in the year or early next year.

Exactly they are planning to remove p2p from all the exchanges, and they are still saying that it is because the exchanges dey manipulate the Naira which for me it is not true and na their policies naim e dey weak well well. The Nigerian economic policy can't withstand the test of di crypto firms because the economic agencies are too much corrupt. If not this na very simple something. When a company come to country to do business di company have to register and start work nd regularly pay tax which di government don set for dem so there will be no argument from anywhere again. They think dat na di exchanges be di problem of the Naira. Even dem stop all di exchanges or delist naira from all di exchanges, dollar no go come down because Tinubu himself e no dey use naira but dollar.

I think we can use decentralized exchanges because before den their prices sef go dey okay. And also telegram price and CeX are almost the same na just #200 different, so we can manage telegram wallet for the main time until we get better place to trade. This a weti I see today.

The dip this week made me realise that I've been too narrow-minded in my dealings in this industry. For the past coupled weeks, I had been so fixated on trading and trying to find the next good pump that I overexposed myself and take heavy hits whenever dips happen. This week'sdip hit harder than others, and lessons have been learned. Now it's time for me to try my hands and luck in other areas while I wait for a correction. For the first time in a while, I'm in search of random events, contests and campaigns hosted by any reputable companies. I'd be happy if you could share some here.

I don't think the dip was harder than others but the dip came unexpectedly and because of that so many people lost their trading. And that is why if your a trader, you should also invest in Bitcoin so that you balance the equation. Now you are complaining that the dip was not in favor of you but investors are happy that there was a dip like that because they bought bitcoin at the dip and hodling it for the next all time high. People are even praying for the dip to come now so they can buy more.

Quote from: Agbe on April 21, 2024, 06:37:28 PM

Well done making things easy for us, but the mixing fee is high. Make it moderate so that those who have small coin can also use your mixer.

Transaction fees have gone down significantly as of now, you can pay 40 sats/vb and expect a reasonable confirmation rate. It also helps if you reduce the inputs, so consolidate your transaction if possible. I don't think it will go as low as 10 sats/vb in the following week so even if you want to consolidate your inputs you probably need to pay some considerable amount of fees, depending on your transactions. It should be cheaper to use the service if you manage to reduce the inputs compared to mixing multiple inputs. CMIIW.

Okay, I thought the mixing fee is different from the Blockchain transaction fee. Well for now the Blockchain is not congested and the transaction as come down to a minimum rate $1.88 with 21sat/vb and id this applicable to coinomize mixing fee then it is very good. Because when I saw the fee last month and compared it to the one I didn't last year I was like, wow!!!.

Depends on the place you are making the transaction. Is it in exchange or on chain wallets? For now Ethereum transaction gas fee is high so I advise you to wait for some months to see if the gas fee will reduce. And you should not in hurry to sell your coins because Ethereum will rise again. So if you sell your Ethereum now, your will be the loser of the altcoin investment.

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 is 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.

How is it possible now that vendors would demand or accept BTC for services and expect their customers to pay for it looking at the current state of BTC transaction fee and coupled with the fact that their is always a delay in transaction confirmation. I do not think anybody would likely do that now and moreover, the BTC transaction fee is a but much higher if it is to be converted into some currency equivalent.
I know of some guys that accepts Bitcoin but currently, they were telling me that since this transaction fee issues started, some of their customers do not pay in Bitcoin but rather, they would prefer to pay in the local currency and him too do not pay his vendor who accepts Bitcoin because of the transaction fee and you can see that this case is vice versa, nobody wants to lose.

For now the transaction fee is low and shops can accept bitcoin as a payment method if they want to but because of the state of the Nation, I don't advise anyone or shop who dey sell things to accept bitcoin in their businesses. However bitcoin transaction fee is not something one can rely because it volatile like bitcoin itself. But one can take the advantage of the low fee to accept bitcoin. And merely looking at it, it is better to use fiat currency because with it you no dey pay any transaction fee. Either cash or transfer. And I have seen some boys paying with bitcoin to buy things.