Quote from: KingsDen on May 05, 2025, 01:24:36 AM

You are correct, but if a government should include bitcoin as her strategy reserve or approve bitcoin as a legal tender, they should be lenient on bitcoin related matters than other countries yet to adopt bitcoin. I understand that the war is not against bitcoin but those using bitcoin in a bad way. Since there's no way to differentiate between an average journey who is using mixer for privacy and a criminal using bitcoin to scam or buy arms, it will remain a big problem to the industry.

I am very optimistic to that privacy will win at last. Developers are waking up to decentralization, so there's hope.

The war is also against Bitcoin. Bitcoin is an idea that restores individual sovereignty, it represents a paradigm shift against the monopoly of state-controlled currency.

The world's leading government is adopting Bitcoin as a store of value because it has no choice but to accept that Bitcoin is a strong and universal currency.

As for not distinguishing between those who use mixers to launder money and cover up traces of cybercrime, the government will never manage to intelligently separate one from the other. So, the easiest option for them is to shut down, confiscate or outright ban everyone from using it.

You make a valid point, and I agree to the fact that the war is also against Bitcoin. Bitcoin allow us to have full control over our money without any central control on how we use, spend, and send our money within our local country or to our relatives and friends in the diaspora. The way it kicked out a lot of local apps that were used to send and receive money internationally came as of surprise. Each country has one way or another in which Bitcoin has taken the minds of citizens from the traditional system, thus leaving them to not control how citizens use their money. And they are not happy about it.

If not for the fact that the government themselves are also benefiting from the technology, they would have really found a way to shut it down. And yeah, since they are beneficial, they will only try to find a way to limit the way it is being used to affect the normal citizen.

I always say this to my friends when they talk about mixers. The real intention of mixers like CoinTor is to provide a platform for users who prioritize privacy to make transactions without being noticed. But there isn't any technology that bad people dont get involved in. Certainly, many are using the mixers for the wrong reasons. That doesn't mean that mixers are for the wrong reason but people will choose to do whatever they want to do with it since they can get their hands on it. Similar thing is happening in the AI industry and that make a lot of individual have a wrong perception on AI.

Yes, totally, a lot of individuals go broke as a result of gambling. they take it so serious, that it leads to addiction, and if someone gets addicted to gambling, your worth will be at risk, I do have a friend who had to borrow money to make sure that he gets all the money he has lot trough gambling, and at the end he still lost the borrowed money also leading him into dept.
gambling should be taken as a source of entertainment, it should not be taken seriously to avoid unnecessary depression.

E no clear again how person wan take survive for this country. Everything don cost- food, transportation, even sachet water wey man pikin dey survive on don even join. Salary no dey increase but, prices of things dey go up on the steady like say na game we dey play.
Person go wan use work wound him/herself but yet go still dey calculate how to eat two square meals. The thing we dey pain me pass be say our people wey we dey call our leaders wey suppose help us, just dey make promises, but still things things no dey get better. E tire me gan.
I believe say I dey speak most of our mind. So make I ask, how una dey take survive for this economy? shey na side hustle or say we just dey manage, hoping for a better tomorrow.

No be lie this country na survival of the fittest we de like this, nobody de depend on government for anything again ooh
every body on your own, the ones wa no fit survive am go die go the rest go continue.
but nevertheless God de. The way youths de survive these days na to de earn in dollars, if not, if you say you wan de earn in naira e go still hard ooh, so any opportunity wa you see to de earn in dollars or a higher curency, you better no let am slide.

Bitcoin has honestly reduced its momentum at the moment, and I believe that this is because the coin's retracements are now deeper than before, and also, it now prioritizes searching for liquidity to be swept, unlike before when the coin used its normal support and resistance to push up.
Nowadays, it uses liquidity sweeps to make its push-ups, and before it pushes up, it has to create a liquidity pool, and all these things with fundamental reasons are big contribution to the slow of momentum of the coins' bullish movement.

Bitcoin prediction is that it could grow up to 1.48M by 2030. is this possible for you? Bitcoin has come a long way since it was first listed. In January 2024 it was worth $42,000, so it is not impossible for bitcoin to reach one million.

So your literally saying that in five years time bitcoin will extend up to price $1.48 million?
I know that bitcoin is a productive and massively growing coin but the fact that you are saying bitcoin will grow up to $1.48 million is quite overhyped.
yes there is a really high chance that bitcoin will grow up to $1.48 million but I really don think that can happen in the space of 5 years especially with the new dip retracement it has started making.

I think gold is a great investment in todays time, specially after the global pandemic. Personally, if I had spare funds, I would rather put it in gold than to keep it in cash because of inflation here. Might expect better returns from it than many stocks as well.

Gold is really a great investment, keeping cash these days its quite hard tough so its quite the best option to use your money for investment instead of being tempted to buy things you don't need.
I actually do prefer investing them in either gold or bitcoin, these are the 2 investment platform I trust with my money.

For a beginner in forex you really shouldn't depend fully on signals you get from different telegram groups and other places
You should learn how to properly analyse the market yourself and determine the direction of the candle
If yiu don't do that you will probably not do to well
In forex
Except you don't plan on doing it for a long time
If you intend on making it a source of income then you should endeavour to learn how to trade yourself and be self dependent

Don't get me wrong you can also take signals from time to time but Don't depend entirely on it

Very true these days majority of people who call their selves forex traders depend on signals from different social platforms which is not right, taking signals from someone else analysis does not make you a real forex trader, how long will you depend on someone analysis to become successful, except your not fully in into forex maybe your just for a moment.
And majority of this situation is from the so called mentors, once they advertise their trading business online they always attract newbies by saying "trade with my free signal" or "buy my free signal and become successful"
how will someone become successful by depending on another mans knowledge. I will advice all new traders out there as long as you want to become a successful forex trader go for the knowledge and leave the money first, once you go for the knowledge the money will certainly come later.

Quote from: Penlex_Writer on December 23, 2024, 12:49:54 AM

Some one doing business earns every day of life,while a civil service person earns monthly

As a business owner, there is no assurance whatsoever that you will make sales every day you are in business. That is the uncertainty that comes with running a business, and this is why for some people, being a civil servant will be a preference because of the financial security that it offers. It may sound somehow earning a salary once every month, but this is the preference of some people because they can actually plan themselves properly with that amount of money they are expecting to get at the end of the month. To summarize the argument, there are many civil servants living better than business owners.

That should also not be a problem to businessmen. You don't have to make sales everyday to be successful in that business. Sometimes a day sales or two might cover up for a month or two sale. Well this mostly depends on what you are selling and the caliber of customers you have. But my point is, I prefer running my own business because I am in charge and no one is in charge. If I make profit I take it if I experience loss I will find a better way to improve my business. When you are working for someone you have the chance to do anything for yourself because you must be there till your work time is over. They control what you do, where you go, your time in general.