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Messages - MRY

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46
As bitcoin couldn't reach $80k before the end of April, is it okay to say that it won't reach such an amount in May since we are in May already.

For me, when I expect to see the $80k price tag should be around June. By then bitcoin had stabilized in price of $70k +. Maybe before the end of June, we can be speculating to see a price of $80k.

All these are just speculation of bitcoin price, not that I am too sure about that, to foresee the future price of bitcoin. Even if bitcoin hits $80k this month or next month, I am not selling until it reaches that amount I feel like selling some part of my bitcoin holdings
I doubt May its moment for bitcoin reach to $80k after the beginning of this month bitcoin get large correction amount although currently recovery back above $61k. Have large percentage increasing for bitcoin reach to $80k and one month I don't think has enough moment for bitcoin return back to higher price.
Even bitcoin hit above $80k in this month I think will not defend for longer time such as when bitcoin hitting ATH price but drop drastically few weeks later until stuck back to higher price.
Have a reread of my post. I didn't predict bitcoin to reach $80k in May, rather I said around June. June is the time I know that it can be possible(not certain) for bitcoin to reach $80k.

This May, I don't know the kind of good news that will push bitcoin to $80k from this 62k + price it has been fluctuating at for the past 2days. Nothing is impossible in crypto anyway, we might experience a surprising price increase that will leave us wowed as the same we get to see the ATH of bitcoin before the halving
No friends, Bitcoin in June will not go to $80k, there is no good news that can provide support for the rise in bitcoin prices. It is possible that bitcoin will increase in price next season.

47
~.
~.

when will that happen?
last weekend bitcoin gave panic to its holders, it touched 56k$, but today's green candle has improved quite a bit, it is already at a price of 63k$, a fairly high increase in a short time, there will be a possibility that 70k$ will be reached by btc in the middle this month of may if there is no bad fud
We cannot predict the price of Bitcoin with certainty and it is always correct, so we do not know when the price will rise or fall.  A few days ago I myself experienced quite a big minus in my portfolio, this was because not only Bitcoin experienced a decline but this decline was followed by many Altcoins too. Luckily the price has gradually increased, so the minus is not too much.
We cannot precisely predict bitcoin price movements in the future, but when we look at the supply of bitcoin and demand which is still very high, we can conclude that bitcoin will have a high price in the future.

48
yeah we are all a bit depressed at the moment.

i got some dip and I will hodl on for now.
Currently the price of bitcoin is still hovering around $64k, it seems very difficult for the price to increase to the figure that many people expect. There has to be good news that can trigger whales to buy bitcoin.

49
2 months is enough i think?

remember what we have had before the Halving happens?  we have a breaking of ATH and I think that its normal that we see this market response now.\

But the thing about investors are shifting to altcoins? i don't know if there is a room for this since the whole market is bleeding also .
So far, seeing exchanges that are in the red due to the impact of falling bitcoin prices is very sad. It seems that bitcoin is having difficulty increasing its price again. The altcoin season may come with a bitcoin crash in the next wave when bitcoin hits bottom.

50
Cryptocurrency Price Speculations / Re: Who is HODLing?
« on: May 06, 2024, 12:53:19 PM »
Everyone knows we are in the bull run Bitcoin halving is close by , and alot of people have sold their coins due to
the tempting increase in market recently while some are still holding.

So if I may ask , who's still holding and who have sold their coin?

Let's have some discussion :D about HODLing.

Usually Bitcoin is held by a few large whales, usually Bitcoin is held long-term by large holders. Those who have long held Bitcoin since 2015 are the only current whale investors. You can become an investor, because if you accumulate bitcoins now, you will also have a mountain of wealth in the future. A Bitcoin holder usually invests for the long term and there are many investors who invest for the short term.
It is true that whales have an important role in the movement of bitcoin prices, but not all whales have very large amounts of bitcoin assets, sometimes they only have a portion of bitcoins, but for those who have an unlimited amount of money then they can have very large amounts of bitcoins a lot.

51
Off topic & Sports / Re: Benefits of Saving your money
« on: May 06, 2024, 12:27:15 PM »

Fun fact!!  Na money wey you save today go save you tommorow 😁
E be like say this statement nor too make sense again because after you dun use all the money you save finish, na better broke you go broke. Na money wey you invest today go save you tomorrow because money invested go fit yield enough returns to solve many problems. Save money o, but nor save money blindly, after savings dun mature, try invest the money.
Exactly, in life we ​​have to be able to save money well because we don't know what our condition will be like in the future. When you have a lot of money from savings from working when you were young, you can enjoy old age in peace.

52
Usually the influence of lack of self-confidence is very normal, to be able to increase self-confidence we must research more deeply about the projects we support. Always improve your knowledge to solidify all the decisions we make.
Exactly, with the information we can get from research it will give us the opportunity to become more confident in what we buy, but if we don't have the knowledge it will make us less confident as you said.

53
Off topic & Sports / Re: Solutions to our economic crisis?
« on: May 06, 2024, 10:41:35 AM »
Make we shear our own personal view for the matter...
A solution is in creating jobs and increasing payment. If our government can create more jobs, people will have more opportunities to work and earn better money to be able to live well. It will affect their spending habits and also ensure that people who do business and sell basic commodities experience an increase in sales because customers will have money to buy more goods.

The government can also give businesses a boost by providing interest-free loans.
It is true that at this time the main key to making the people of our country prosperous is to increase employment opportunities and of course not to provide requirements that are quite heavy, because if the government opens up job opportunities in very large numbers but with special needs it will still make it difficult for citizens to get a job.

54
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.
It's true, currently bitcoin is still not accepted in many countries, in fact only a few countries accept bitcoin as a legal form of payment, using bitcoin as a transaction tool also has a very high risk because unstable price movements will cause the value to change. accepted by the seller will be different and this is a very high risk.

55
Nigerian Languages / Re: Know More About the Forum as a Newbie
« on: May 06, 2024, 10:26:29 AM »
Yes that is nice thought, there are some pictures that you go copy and you didn't link di source people would be attacking you for that. But as others have said, even though you copy the person article and all what you have to do is to add up the link you bring the information and everything will be alright. When you write something that you are not the author then people would like to k ow where the information was gotten and if they could not see the source they would report your as a plagiarist. And to avoid that just quote the person or the source of the article then all is good.
Very good advice and this should be an important lesson for those who always quote other people's writings but don't include the sources they got. The method you provide should be an alternative for providing better information.

56
Currently, it seems that bitcoin transaction costs using mempool have started to fall, it seems that the gas costs required are quite stable. This should make all transactions fairly fast when used.

Low Priority: 10 sat/vbyte
Medium Priority: 22 sat/vbyte
High Priority: 25 sat/vbyte



More like those bastards are out of the Blockchain with their jpeg for good. Bitcoin Dev really need to something about it unless they also benefit from the fees Spike cause by these jpeg bastards eating up the Blockchain block space.
Really those nonsense ordinals dey make the network congested. This recent transaction fee after the halving was really crazy high. In 2022 the second quarter, the transaction fee was very low. And I think like dis people can use it to buy things, pay things online and shops can also accept because the fee is low. The Blockchain de good now but still remain small.
It is possible that after the halving transaction costs increase very sharply, it may be difficult for miners to get new blocks so that confirmation takes a very long time. However, it seems that expensive transaction fees are no longer an important problem because as you said, bitcoin transaction fees have fallen quite cheaply.

57
Solana Forum / Re: In 7 days, 655,000 SOLs were raised on Solana
« on: May 06, 2024, 09:50:44 AM »
The recent rise of the Solana blockchain has made some think that perhaps there will be a rise in tokens and the scammer has taken advantage of some people who might invest randomly in order to make a quick profit.
I hope this is a lesson not to follow the wave.

This takes me back to 2017 when some random ICO can earn millions of dollars just by spamming their ANN thread on forums. I guess we can use this as an indicator that the market is in a bull run or close to it, can't wait to see how hard the drop hit those people though. Maybe this is coming from new retail traders who never had the experience of losing 90% of their capital in one day. Hopefully, they don't use all their money to gamble on short-term profits with those shitcoins and exit way too late. I'm not optimistic about this though, people don't learn.
Some projects were so good that it was impossible to know they were scams, so I think scams are now much easier.
This depends on what kind of fraud you mean, perhaps it should be clearer, because so far there have been a lot of new tokens on the Solana network that have been created to deceive inexperienced traders, but I am sure that for projects that have the aim of fraud, it seems that this is starting to decrease. .

58
Now I read news today that Solona team is looking to launch another smartphone which will be cheaper in price (first one was more than 1000$) and also hardware will be also changed.
After I read all the replies on this topic, I still have the principle that the value of Smartphones from Solana coins is very expensive.
For me, who only works in a factory for 1,000 USD, buying a smartphone is very expensive, I can't recommend it to myself or my friends.
Maybe for me a smartphone worth 200-250 USD is still acceptable, but if the smartphone price is above 250 USD it is very expensive, this is about my personal availability of money, not just the features of the smartphone. :-\

        -   Actually, the $250  smartphone is a good class of phone, and its specs are also high. Now, if the cost of the smartphones is around $1,000 each, it is not practical for me because I just don't know about other communities here.

1000$ for a phone device is a luxury that can be considered; the 80$ mobile device is okay with me, to tell you honestly, but I will never buy the 1000$ for that amount even if I have something to buy.
In my opinion, too many smartphones that they develop are not good and may not make investors or traders interested anymore, because so far to increase Solana sales it is better to make the smartphones they produce limited but get good development so that it will make users become more will buy the products they offer.

59
Despite the occasional outage, Solana already made a name for itself as a blockchain and it would have been just fine without the meme tokens. Whatever the next trend in crypto will be, the developers will probably still choose Solana because of scalability and lower transaction fees. This cycle will likely continue until a better one comes.
o far the status of the Solana network has been repaired and it seems that outages have never occurred again, this is good progress from Solana because it can repair errors that have occurred on their network. At least this provides proof that Solana is still trying to be the best.

60
Solana Forum / Re: Are you stacking solana?
« on: May 06, 2024, 09:31:58 AM »
Stacking and hodling SOL has been quite the adventure.
That's right, currently the price of Solana is still quite cheap and very suitable for storing in very large quantities because there is a possibility that the price of Solana will have the same price as the price of BNB. The demand for Solana in the market is very high so it will have a good impact on the price of Solana in future.

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