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Messages - Agbe

Pages: [1] 2 3 ... 44
1
Nigerian Languages / Re: How are you earning in this crypto space
« on: May 12, 2024, 07:17:47 PM »
As a young man for you to benefit this new technology revolution, you have to learn computer and become a computer literacy then from you can specialize in one area either basic computer knowledge or programming or any other area that is good foe you. Those who are not good in computer, it is very hard for them to benefit from the innovation. And those who very good in computer are making more profit in cryptocurrency than the others. In the present days the money that is in the internet is more than the other physical jobs. You can make money from the social media from different ways and cryptocurrency communities or forums. As for me I earn by investing, selling of goods and making advertisements.

2
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: May 12, 2024, 04:40:52 PM »
Oh I had an issue with my bank that I wanted to stop paying for a specific credit card. However for me to do that I had to answer questions on where I am, how much I earn, if I do international transfers and so on. I was forced to comply, otherwise they would keep on charging me. Is that really how we do business in 2024?
Wow! This is strange. Normally there are some bank apps that ask questions when you need credit or debit cards but not to the extent of "how much I earn" and if I do international transactions" . I have only seen, your phone number, email, full name and possibly you mother Maiden name and some simple questions then they process the card for you. Probably the questions are different from different countries. In the decentralized system, only your email and password which can be used to login is okay. And not all those KYC. KYC system is even the worst in the world. Scamming and other fraudulent activities are more in the KYC system.

3
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: May 12, 2024, 03:02:28 PM »
I am happy that cryptocurrency gives a high level of privacy and anonymity, if not the government would have fund a means to punish those citizens that are violating the law of the government that say citizens should not use cryptocurrency. It is because of they will not be able to trace users easily if you are using p2p for trading, exchanges too understand that the government is against their business and they have also remain silent and trade without the government knowing their activities. If it wasn't for privacy that cryptocurrency gives to us, many of us might have been put behind bars. If you are scared of being scammed because the do not know who you are dealing with, then be very careful. Bitcoin benefits is better than the opposite side.
If you look well government is fighting seriously to remove privacy from cryptocurrency and that is why they are fighting to ban all the mixers and also fighting to control Centralized Exchanges. Recently I saw a pop up news from Google app and it says that, LocalMonero which was used to buy and sell  platform might shutdown it operation and more will follow because of the government pressure on them. Some countries government is asking of the Centralized Exchanges to produce the users details to them and once that is provided then the participants of cryptocurrency will be affected.

4
Ethereum Forum / Re: Ethereum wallet
« on: May 12, 2024, 02:33:01 PM »
In my opinion, the altcoin you mentioned has a very high risk, its price movement is not very stable and there is a possibility that it will collapse very deeply when bitcoin and ethereum collapse. However, for BNB, I think I agree to go there because until now BNB still has a fairly high price.
No altcoins is without risk but to invest in the coin (s) that is go invest and it bear fruit in the future even it takes time to ripe. And the ones I mentioned are good in that purpose because as they are moving with bitcoin, one day when bitcoin rises they will also rise. Remember bitcoin also enter into dip deeply and that is the best time to invest with bitcoin and those altcoins. And all those BNB, or the exchange coins, I don't place them under the category of coins but tokens have no value yet. I will prefer to invest in Ethereum and Solana than those ones.

5
Cryptocurrency discussions / Re: Anonymity - good or bad?
« on: May 12, 2024, 02:25:02 PM »
       -     Many countries still consider Binance to be an illegal platform. But if you look at the Binance management, they are willing to comply to be able to operate legally in a country or government that they will enter for the communities they have.
It is not only Binance complying with government policy Binance itself has a lot work to do and Binance allow it vendors to operate freely with monitoring them. And because of that Binance vendors set a price that far above the normal exchange rate of the country and that is the major cause of everything Binance with any government. And that is the currency manipulation the government is talking about. Binance vendors manipulate the economy of the country by inflating the price above the normal price the government set. Therefore for Binance to do well in any country, the management have to always check the vendors prices that tagged on the platform for sellers and buyer to trade.  And also pay their tax then everything will go well with them. Let them follow the national economic policies and not to manipulate the economy in the country.

6
Exactly, everyone has their own decision to sell their assets at whatever price they want, depending on the economic conditions they have. Look at when we were in 2010, Only a few people kept Bitcoin well until it eventually became very expensive like At the moment. At that time, many people still underestimated the price of Bitcoin.
And that is why it good to have extra income before investing in bitcoin so that you can set goal, target for the investment so you won't sell your coins the half way but at the targeted period or time. Many people invest in bitcoin without a target or plan so they sell at they wanted. And if you are investing in that way, you won't make much profit. Even though you're investing for a short term let there me a time frame so you get what you want.

7
Bitcoin Forum / Re: ATH of bitcoin 2025 ??
« on: May 11, 2024, 04:59:57 PM »
The price of bitcoin in the late 2023 and the early 2024 was a motivational rate to many people and that made them to predict the price of bitcoin to an imaginary number or figures. Some predict $100k, $150k and $200k but now the price is decreasing there is not such high motivational prediction again but all are talking about the resistance of bitcoin from the present price. And now that the price is coming down we are to expect the bear market though some are still predicting high after this period. Let's see if bitcoin will reach $100k either in this year or next year.

8
Bitcoin Forum / Re: Has the bear market started?
« on: May 11, 2024, 04:40:07 PM »
Bitcoin price touched $65k to $56k in just two days. Bitcoin price is in full bearish current position, maybe we are going to reach bull run very soon. Do you think we are headed for a bitcoin bull market or a bear market?
The way the market is fluctuating and refused to resist the 60k now then I am sensing the bear market so if anyone didn't sell now then the person might wait for the next bull market in 2028. And if the bitcoin didn't reach $62k in this weekend then from next week bitcoin will reduce to $55k and from there it will start the bear market. Though it is still a bull run down many people now. Because they started when the price was a bit lower.

9
What I want to use bitcoin has not yet realized so I am still waiting for it to come which to pay or buy things online and the only thing that is holding it is the transaction fee because $3.6 as a transaction fee is still very high in my location. Though bitcoin has help a lot of people in my area but it is limited. Bitcoin is the highest currency in the world because it is a store of value and the way I seeing things, countries are also trying to adapt the way bitcoin is as the store of value. Recently my country currency became fluctuated with dollar. And those who buy the local currency also making profit. So local currencies are not stable again but volatile right now.

10
Ethereum Forum / Re: ETH predictions of next week.
« on: May 11, 2024, 03:36:21 PM »
Many predict ethereum will reach an ATH price of $10K, but to me that seems unlikely to happen. If I predict the ATH of ethereum this season will reach $6K, if the ethereum ETF is approved by the SEC it is possible that the price of ethereum could reach $10K.
Ethereum does not walk alone and it works with bitcoin and if Ethereum hit $10k then bitcoin has to hit $150k or more because even the previous All Time High of bitcoin Ethereum was still at the low price of $3k not even $4k. And I don't think Ethereum will reach $6k in this whole again because if it would have climbed to $5k when it rising to $4k this year. But it reduced again to $3k and stay there for while time when bitcoin was making wave to the $73k

11
Op as a Nigerian you supposed know weti dey happen in di country why people dey leave those exchanges, people no dey keep coins there again because of the drift between Nigeria government and them . As the previous commenter said there many factors. People are not using it like before again and also people withdraw their services from there. The attacks from government also make it to decline.

12
Ethereum Forum / Re: Ethereum wallet
« on: May 10, 2024, 06:01:11 PM »
Is etherium safe?
Yes Ethereum is very much safe and you can use MEW to save your coins but in the few months back the Ethereum was congested so investors were not interested to invest in it though some were still buying and the price is also good as the bear to invest. Now the price has entered $2,938 and if you like to invest then you can do now.
I will not buy ethereum at this time, because I will choose to buy coins that may have more potential to reach a new ATH at a much higher price such as Solana, Matic and maybe Dogecoin. Ethereum is just following bitcoin and won't go up much in my opinion
Exactly Ethereum is just following bitcoin and when bitcoin hit $73k in this year, Ethereum was not rising and it was just like that in the rate of $3k. Though Ethereum also have the potential nature but as it is stable in one place is making people to avoid it. Those  coins you mentioned are also good to invest in this period. And my prediction for Ethereum before this year will end is $4k.

13
Ethereum Forum / Re: ETH predictions of next week.
« on: May 10, 2024, 05:45:15 PM »
For Ethereum to reach a price of $100k it won't be possible, but for Bitcoin to reach a price of $100k there is still a possibility that it will happen, we just don't know when for sure. Because currently bitcoin will be increasingly difficult to obtain while the demand for bitcoin is increasing, this will have an important influence on bitcoin price movements.
It is strange that people predicted Ethereum to reach $100k. The current price of Ethereum is only around $3k, it doesn't make sense to expect it to be $100k. However if it is Bitcoin, I also agree that it is very likely to reach $100k. The current ATH is around $73k, it is not very far from $100k. The adoption and the demand of Bitcoin are increasing, it also becomes more popular. As long as the price can keep growing, it is not very difficult to achieve $100k.
People are just making unrealistic prediction about altcoins. Ethereum has not even hit $5k and people are predicting $100k. Even $10k is not anytime soon but years to come. Before Ethereum will hit 10k dollar, it will reach 15 years to come. Even bitcoin too is not possible in this year to hit $100k because the movement is very slow and it is not rising like before again. But we are still hoping to see it reach that price.

14
Ethereum Forum / Re: ETH going to 3k
« on: May 10, 2024, 05:28:09 PM »
-every coins has their downside and maybe Ethereum is facing theirs nowadays and yeah looks like the dev is not doing their best to settle those issues but yet staying in the top rank as altcoin and holding its 3 thousand dollars above value.
ETF of ethereum may take time because if even bitcoin face so much delays so what more this altcoin.
I was thinking that Ethereum developers have abandoned the project because everything just stagnant, they are not saying or doing anything about the network congestion. Ethereum has been down for almost 6 months now after when he has hit $4k. Though upon all these Ethereum is still on top. The second in the crypto community. If the congestion has been removed then investors will storm it again.

15
Ethereum Forum / Re: Ethereum wallet
« on: May 10, 2024, 05:18:08 PM »
Is etherium safe?
Yes Ethereum is very much safe and you can use MEW to save your coins but in the few months back the Ethereum was congested so investors were not interested to invest in it though some were still buying and the price is also good as the bear to invest. Now the price has entered $2,938 and if you like to invest then you can do now.

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