I guess we just have to learn from the old members. It's not really a bad way to understand the forum. As someone new, we sometimes might make mistakes while giving information, so I'f an old member talks something that offends us, we can just ignore and learn from our mistakes.

The naija board already has a welcome thread, you can find it here, link= https://bitcointalk.org/index.php?topic=5121680.0

I saw a newly pinned thread on beginners and help board I think it covers a lot of frequenlty questions and answers.
Link= https://bitcointalk.org/index.php?topic=5500358.0

No question is dump on the forum. Moreover, every new topic must have been answered years ago but new people can still create then to ask.

I also saw that user a some time ago, but doing som research, I read some old Post about it, and it was an old user, he asked to delete his account.

Most times the only impact of such news is usually to create a kind of fear on the market. Whales tend to move their coins when they find a need to.

But most investors panic over their actions and begin to sell. They are either taking profits since they Must have been holding for way too long or for security purposes.

We have heard alot of stories in the past how major cryptocurrency exchanges got hacked and the most recent one that was surprising was that of bybit. Just imagine waking up in the morning and the exchange where you stored all your coins hoping that it's safe suddenly goes dark. you read on the news that they got hacked and no news from their officials yet. It would be very devastating especially if you have a reasonable amount of coins stored with them.

well this thing can be avoided if you have a non custodian wallet and let's not fail to remember all the time "NOT YOUR KEYS NOT YOUR COINS". It just never gets old and it's very important we continue to pass it on to newbies joining in the crypto space who barly even have any idea of the dangers of storing their coins on centralized platforms. most exchange are vulnerable to hackers and it's important to understand why you need to keep your coins away from them. 

Aside from hack, we have regulatory controls. For years, we have seen how the government have been fighting against decentralised platforms and successfully forced many of them to become centralised due regulations. It's just like how the banks works. When they find an unusual activity on your account, they may end up freezing it. These exchanges can works on order from the government bodies to take down any accounts if they have suspicions, which to me would have never happened if you were in control of your coins.

Imagine asking a honest user to provide unnecessary explanation of the  source of his coins, thats going too far and invading the users personal life.

The lesson here is to avoid storing a large amount of funds on centralized platforms. If you must use them, then it should be just for  very small transactions or those who are into trading on a daily business, but it shouldn't be used as a means to store your coins.
It's not that difficult to get a non custodial wallet, write out your seedphrase and store them in a secure place is it? So why would you want to risk the safety of your funds in the hands of centralized platforms? Let's try to play safe at all time. The cryptocurency space is filled with unseen circumstances that one would regret over and no one would enjoy going through such stress for their hard earned money.

Bitcoin mining with an Android phone is possible but not profitable I will explain why
Bitcoin mining is a puzzle where different miners compete  each other to solve the given puzzle and the miner who solves the puzzle fastest gets the reward. Imagine playing a game with your android phone and your competitor are using advanced computer for the same game, there is a very low probability that you will win that game. So we can see that mining Bitcoin is possible with Android phone but has a low probability of receiving a tangible profit from it. Also keep in mind that most of those apps on Android phone claiming to mine Bitcoin are scam and not profitable
My advise is that mining Bitcoin with Android phone is a waste of time and can damage the phone. instead focus on buying and selling of cryptocurrency with your android phone.

wow this is a unique puzzle
Payment A 0.02btc was sent on a moderate fee
Payment B0.05btc was sent on a slight low fee
For the first scenario payment A and payment B are pending because pending because they where at the mempool waiting for miners to pick up the transaction. Payment B failed because of the low fees.
In conclusion the higher the transaction fees the more  quicker miners will pick up the transaction which will can tell in the last scenario when both transactions was confirmed at the same time even when transaction A as been in the mempool for a long time.

2025 has already seen significant cryptocurrency thefts, with over $2.17 billion stolen from services by mid-year, exceeding the total amount lost in all of 2024."CionCDX Exchange" Experienced one of the biggest cryptocurrency thefts in 2025 .The ByBit hack alone accounted for $1.5 billion of these losses.
The challenge of tracking and recovering stolen funds remains substantial due to the various methods attackers use to launder money and maintain anonymity.The best way to avoid losing all your Bitcoin is to have more than one exchange account and then keep a portion of your Bitcoin assets in each of those accounts.

The claim that the US government only holds 29,000 BTC is inaccurate. If you can give us proof that the US government sells part of there BTC it will be more appreciated,the total US government Bitcoin holdings are significantly higher, closer to 200,000 BTC,there is no indication of an imminent large scale purchase of 170,000 BTC.

1.SHA-256 (secure hash algorithm 256-bit) is important because of proof-of-work, SHA-256 is an algorithm use by miner to hash a block of transaction data                  in prove of work.

2.The difficulty adjustment algorithm has a critical role in network stability by using 10 minutes to adjust the hash every 2 weeks for network security purpose.

3.The receiver was hal Finney from satoshi nakamoto, hal finney is one of the best contributor to bitcoin development, he created the first reusable proof-of-work system in 2004.

4.The cyberpunk community make bitcoin offers a decentralized alternative to traditional financial system it also protect privacy in economic transaction, this features helps in transparency transactions and control against resilience by the governments or cooperate firms.

5.The votility price in bitcoin can be affected by different reasons with time, some reason are the risk in rates, liquidity, historical events from the past 16 years.

6.For bitcoin transaction, a small fees is been attach by the sender for a quick process of transaction, which is collected by miners. The low fees reduced hash rate which make the network vulnerable to attacks.

7. The (AML AND KYC) don't really affect bitcoin if decentralized method are used for the transaction ,but if the this process are used it increase risk of reviewing both party mean of identification which breaks bitcoin privacy regulations.

8.Bitcoin is a legal cryptocurrency exchange in Nigeria.

A very key point you just mentioned, which the opposite term should probably be acceptability. Definitely, everyone can use the US dollar, but it would now depend on who chooses to accept it. The fiat of a particular country is acceptable in every part of that country but might not be accepted in other countries except with the intervention of the bank were exchange is been made.

I literally don't believe my eyes right now. Do platforms that mock Bitcoin really exist? Because all I could find on the link (99bitcoins.com) you sent is completely odd.

I literally don't understand what the writer of that article meant by "Bitcoin has failed", going to the extent of mentioning different events that have occurred over the years.

Some people don't understand what it means to fail. Bitcoin has passed through series of tests over the years, including manipulations, but it still stood tall.

In the area of payment, Bitcoin is definitely suitable, especially for high-cost items. But most people would prefer to use alternatives rather than spending their Bitcoin due to its value and potential future profit.

And thanks for providing that link for new users.

Promoting Bitcoin by raising curiosity. Nice statement. Coincidentally, I noticed a similar point in one of my posts. Helping others in the best way I can, just by advising them on things to avoid, won't cost me anything. So why hold on to sensitive information? Certainly, he has realized his mistakes and has been able to correct his wrong perspective.

Is there a guarantee that we are all safe in this crypto space? I don't understand how someone can easily avoid such attacks, even when we emphasize more on Bitcoin security.


The comment section of the post you shared was quite enlighten.

Lol, is that dube still breathing , cause he's really got the nerve.

I just watched the movie via the link you provided. His reflexes were quite normal, like a human, but started acting like a robot the very moment he took out the eye. lol

This got me laughing. A society were intelligent and talented youths needs just little assistance that can make way for so many lives.

I think we should also consider the fact that he is targeting the wrong audience. Promoting Bitcoin's usage is a good idea, but we understand how customers behave in bars especially when it comes to making payment. I have worked there, so I am talking from experience. I wish her all the best in the next phase.

Carefully go back to the post where you got this information. The person might have also stated that this forum is not a get rich quick forum. It's very true that people earn decent amount here, since you are interested in earning, then you should be able to write well and contribute greatly to this community, abide by rules and also learn from others.

Just because it is called economy doesn't mean that they make money there. I guess those who earn can share more light on how they do that.

The issue of getting rich quick isn't something that many adopters take seriously, as they've come to believe it is the only way to make a quick profit. It still saddens me to see that some adopters in our community have taken the wrong step towards Bitcoin investment.

I recently stumbled upon a guy few days back who happens to be a anti-bitcoinist. He showed his frustration and condemned Bitcoin in a way that got my attention. I was eager to know why someone would have hatred for a life changing opportunity like Bitcoin, so I had to ask.

From his reply, he said he came across a Bitcoin mining website that was shared via a YouTube video. The mining site mines Bitcoin in small quantities, which he decided to buy some mining power to accumulate faster. He successfully purchased one of the mining power worth $80, but the site eventually shut down a week later without allowing any withdrawals.

His reply got me laughing because I quickly pointed out two things from what he said:
1. He was eager to get quick profit from an $80 investment but ended up getting scammed.
2. During my early days in crypto, I often came across these demo-like websites and have also fallen victim.

It was very clear to me that some ethusiast who promote Bitcoin don't talk about the risk part of it, while those who adopt Bitcoin on their own don't learn about the risk part of it.

I couldn't just leave him hanging with that mentality towards Bitcoin. I showed him some love by converting $10 worth of Bitcoin from my personal funds, sending it to him, and also sent him the BTT link so he can learn from a large Bitcoin community. I have done my part, and I repeat: there is no such thing as getting rich quick. I am glad he has joined the community, but wouldn't want to be mentioned.

Thanks for reading, and do well to share your opinion.

Here are my nominees for the Bitcointalk award

• Hero of Good: theymos
• Golden Feather: fillippone, JayJuanGee
• Bitcointalk Ninja: joker_josue
• Bitcoin Geek: LFC_Bitcoin, hugeblack
• Event of the Year: 
• Fail of the Year: Mixer Banned and CZ's resignation
• Discovery of the Year: Shahzadafzal
• Best SpamBuster: Nutildah, and actmyname
• Best ScamBuster: dkbit98
• Craft Master: icopress, Royse777
• AntiHero:
• Miss Bitcointalk: LoyceV

Well said. Bitcoin has come to revolutionize the finance industry, empowering everyone to assume full control of their assets and become their own bank.


I think bank users also have private keys in the form of a short pin. In normal banking, we also have private pins used to access funds in our accounts, but we often entrust them to a third party during transactions. Examples include payment networks like PayPal and Visa, which act as third parties receiving the input of our private pin during transactions.


Well, I don't think everyone would want to try this, knowing how volatile Bitcoin is. Certainly, we often experience currency devaluation in many countries, but that doesn't mean we should convert all our wealth to Bitcoin, which can be very risky.