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Showing 20 of 2,056 results by DubemIfedigbo001
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Board Beginners & Help
Re: Save yourself from Unnecessary stress newbies
by
DubemIfedigbo001
on 22/05/2023, 07:19:11 UTC
Thanks a lot, I'll look up those links
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Topic
Board Beginners & Help
Re: No matter the pressure don't release
by
DubemIfedigbo001
on 24/09/2023, 13:36:15 UTC
It is very common sometimes when we trade on exchange p2p payment delays,  these delay can be from the buyer's bank or seller bank's.  Many people have lose their money due to this delay of bank network thinking that the problem of the delay is from the network of bank which they will later get their money when the network of their bank becomes good and they go ahead to release the payment because of  evidence of payment that the other trader have sent to show as proof.

I had trade to sell bitcoin in an exchange and I was matched with a buyer, so after he did the bank transaction I was waiting to get bank alert and the amount of money in my account Balance.  We both complained to the exchange customer service to help how to go about the issue and the buyer was asked to submit his statement of account which he did,  he brought evidence of payment that made it looks as if the delay of payment that have not reached me was from me. With every I was still not ready to release the payment it reflect in my account,  this issue last about more than 30 hrs abd and the following day I sent him a message to contact his bank the delay which he said he did.

It wasn't up to 10 minutes after he contacted his bank I received the payment in my account.  If I had release the payment because of the pressure of customer service in the exchange,  the money wouldn't have gotten to me, which the buyer will be nowhere to find to make complains to his bank . Beginners should never make mistakes to release no matter how long it takes for them to receive payment.  Hold on till everything is settled from both sides.

I like this piece, it shouldn't be released until your cash is confirmed, because your coins would possibly never be returned and the buyer may cut off all communications when the coins have been released.
I'm thinking the guy didn't send the cash initially, until he saw your resistance to pressure and he went back and did the actual transfer of funds. Fraud is everywhere and we need every ounce of caution.
Well done once again and thanks for sharing
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Topic
Board Gambling
Re: No KYC vs KYC enabled casinos (Facts you need to know)
by
DubemIfedigbo001
on 18/09/2023, 20:25:56 UTC
I don't do such man, I carefully research, understand and organize my posts myself. No need for AI generated posts. You can check from my profile. I'll  appreciate you contribute to the topic instead. I'm interested in learning more about this and that's why I raised the topic.
Post
Topic
Board Gambling
No KYC vs KYC enabled casinos (All you need to know)
by
DubemIfedigbo001
on 18/09/2023, 19:48:36 UTC


The benefits of using no-KYC (Know Your Customer) casinos include:

Privacy: Players can remain anonymous since they are not required to produce any sensitive information regarding their Identity.

Easier Registration Process: Registration is usually quicker, less time consuming and less stressful as there's no need for identity verification documents.

Improved Access for Restricted Regions: Players from regions like Quatar, Brunei, Iran, Pakistan and others with strict gambling regulations and limited access to Casinos can Indulge in it without trace and will find no-KYC options more accessible and comforting.

Reduced risks of data breach: Since you're not sharing sensitive personal information, the risk of personal information shared with the casino operator being mishandled or having a data breach involving your sensitive data is given no chance.

However, it's important to note that no-KYC casinos may also have some drawbacks, such as limited regulatory involvements to excesses and
very less customer support. Additionally, they may not be as reputable and reliable as licensed and regulated casinos, you stand a chance of incurring great loss of your funds and assets, so it's crucial to exercise caution and do thorough research before patronizing them. Never forget to Always gamble responsibly.


The benefits of using KYC (Know Your Customer) casinos include:

Improved Security: KYC procedures helps to screen the players and correctly verify their Identity, making it more difficult for fraudsters to use the platform cos they cannot provide verifiable documents easily.

Regulatory Compliance: KYC compels casinos towards adhering to legal and regulatory requirements, reducing considerably the risk of legal issues and concerns.

Responsible Gambling: KYC allows casinos to monitor and instill good gambling practices and protocols, helping to protect vulnerable individuals.

Limiting fraudulent activities: It aids in the prevention of money laundering and other numerous cyber and financial crimes by verifying the source of funds of the players Involved.

Accounts Recovery: In case of losing account information, KYC can assist in account recovery, ensuring players do not loose their hard-earned funds.

I believe it is also very imperative that we know about the drawbacks of KYC Privacy Concerns: KYC requires players to provide personal information, including identity documents, which can raise privacy concerns. Some individuals prefer not to share such data with online casinos due to worries about data breaches or misuse.

Time-Consuming: The KYC process can be time-consuming, especially for players who need to submit multiple documents or wait for verification. It can delay access to the casino and gameplay.

Accessibility: KYC requirements may exclude players who do not have access to the necessary identification documents or who are uncomfortable sharing such information online.

Loss of Anonymity: KYC removes the anonymity that some players seek in online gambling. For those who value privacy, this loss of anonymity can be a significant drawback.

Documentation Hassles: Players may need to submit various documents, such as utility bills or bank statements, to prove their identity and address, which can be cumbersome and inconvenient.
Post
Topic
Board Beginners & Help
Re: The Role of Family in My Investments
by
DubemIfedigbo001
on 24/09/2023, 13:21:07 UTC

Support system, yes, I believe that this is something that I have to feel so that I can be even more enthusiastic, not only in the investment that I am currently making, but everything that I do must have support and in this case it is definitely the first thing that I will do. talking about is family.
To be honest, at first I made this investment without telling my family and you could say I did this without their knowledge. But after a while, I thought that I should tell them at least my little family (father and mother).

They also immediately asked at that time whether this was a fraud scheme or what we often call a Ponzi scheme. It's not without reason that they say that, because my area has also been full of fraud in the form of applications that require users to make a deposit first to get profits, and the profits that can be obtained are very large.

Luckily, even though at first they were very worried about what I was doing, slowly they believed in me, and maybe they also saw that I was serious about what I was doing. Not only that, but they also saw the results of the investment,


OP, its a good thing you invested in crypto and took gains, but you would've been more explicit and tell the strategy you used to make those profits and when, so we too can verify and learn. For me, this is a just a mama's boy story and I've read it countless times and I'm yet to get the actual message you're trying to send across.  When you say support system, I didn't see any support here. Your family were doubting you and possibly trying to discourage you in the beginning of your journey, I didn't read were you were supported with funds to boost your hustle or maybe they started investing in bitcoin with you. I'll advice you not to involve family in your hustle unless they have a major role to play cos nobody will believe you until you succeed. You hustle and grow in silence, when you succeed,  the support system will not only be your family, even friends and former enemies will be your greatest support system.
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Topic
Board Economics
Re: Building wealth it's not just one time Luck
by
DubemIfedigbo001
on 25/09/2023, 15:05:18 UTC

1) Control income and expenses.
2) Spend less than you earn.


This is a good discipline for low income earners, but can't sustain you for long cos the bills keep increasing everyday.

Quote
4) Increase your income and get different sources of income.
Before thinking of different sources of income, you should have built one particular source of income very well to serve as your pivot in case of uncertainties. Diving to increase source of income on low financial backing often meets with frustration and discouragements cos the money that is needed to make more money its not a small money.

Quote
5) Invest, invest, invest.

The importance of this can never be undermined, you've to understand the business you're going into properly and note: DON'T BORROW TO INVEST IN A BUSINESS FOR THE FIRST TIME .
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Topic
Board Development & Technical Discussion
Re: USB port blocker
by
DubemIfedigbo001
on 22/09/2023, 16:11:06 UTC
Waste of money.

1) For a desktop PC all you have to do is pop the top and add in a USB card.
2) They are still plastic, with time and effort you can pull one out.
3) For the determined person it's get laptop, take off cover, un-solder the port (only 4 wires on USB 2) and solder in a new one. But at that point you might as well just pull the drive out

Most if not all PCs can disable the USB ports in BIOS and you can also set a BIOS password so that cannot be changed without the password.

-Dave


well said, an experienced engineer will just loose the computer system, remove the hard drive, use original operating system if its windows10 and attempt repairing the OS, then using command prompt to bypass the password and gain access to the information on the hard drive and the rest is history. Even if you used an application to protect the software, it will just be uninstalled, and the rest is history. your computer and the airgap will be there for you unharmed, but your coins are gone.

In conclusion, this approach suggested by OP is just a total waste of money.


Most if not all PCs can disable the USB ports in BIOS and you can also set a BIOS password so that cannot be changed without the password.

BIOS settings can be reset by removing the CMOS battery, then plugging the PC. A better way is even replacing the BIOS chip with a spare from a similar Board. it only takes few minutes to execute. you just pray and believe you're not a target cos there are many ways to breach the assumed security.
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Topic
Board Meta
Re: How Can We Identify Someone Who Uses AI?
by
DubemIfedigbo001
on 27/07/2023, 16:16:57 UTC
. What's the best thing to do to stop the use of AI from going on in this Forum?

firstly, the major problem isn't using AI, but mindless usage of it. For example, chat GPT has made research very easy for people. they get great insights from the near-accurate solutions it proffers. Now, that doesn't mean you'll mindlessly copy whatever you see there to a professional or educational setting. Those are for gathering knowledge and is not intended in any way to be a replacement for your brain or your intentional delivery of concepts.

Secondly, we still have to make use of our intuition and wealth of experiences to make accountable and educating posts and comments in this prestigious forum. Most people who use AI for creating contents to post here are letting this forum down as they are not upholding the integrity of this forum which I know is centered on enlightening the members with well thought, rich, Educating and self-coined contents. or crediting the source of the content if copied.

thirdly, AI is a research tool and never a content writing tool, and is never a replacement for our thinking and creativity. Therefore, mindless usage of AI should be highly discouraged to reduce lack of creativity in its apex and uphold the integrity of this forum.


Finally, there are various tools to detect mindless use of AI eg:
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Board Meta
Re: Merit & new rank requirements
by
DubemIfedigbo001
on 29/07/2023, 09:31:43 UTC
very cool Theymos, Thanks for this piece as I finally know where I belong currently, the next ladders of recognition to climb in this prestigious forum as well as what it takes, and how to get there. There's lots of work to be done. This calls for serious commitment to learning, contributing and advancing in rank in this forum. Being properly informed is a great tool of guidance for my journey to the top in this honorable forum. Thanks once again.
Post
Topic
Board Gambling
Re: What kind of rewards/bonuses do you prefer?
by
DubemIfedigbo001
on 12/05/2023, 23:12:35 UTC
I think I'll go for free  spins and cash backs.
Free spins kinda gives a feeling of reaching a milestone with an expectation of getting reward compensations. It keeps hope alive and gamblers motivated. Cash backs feels like identifying with me in my loses. It kind of shows some support from the company.
Post
Topic
Board Bitcoin Discussion
Re: How important is it to keep your bitcoin investments secret from others ?
by
DubemIfedigbo001
on 12/05/2023, 05:22:52 UTC
It is possible he mentioned his business and crypto dealings to the criminals whom posed as friends earlier.
He was not with his wallet at the kidnap point, lest they'd have disposde him of his coins without trace. His friend may have a slim or full connection to the incident, being the source of the connection. I think he played very smart by not moving around with his wallets cos it would've been worse.
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Topic
Board Gambling
Re: Without money, does it still qualify as gambling?
by
DubemIfedigbo001
on 12/05/2023, 22:55:37 UTC
Yes of course, gambling involves chances of one occurrence over the other or  series of occurrences with a reward if it turns out in your favor. Its all evident in this situation. the fact that its free does not negate that you're kept in  suspense and  made to do  some calculated brain works to come up with your prediction in anticipation of the cash reward. In my  own opinion about the free nature,I see it as a tool that is used to pull traffic of gamblers  to Betking which I believe its behind the project. The rules may change when they're done pulling the desired traffic. it still has link to the official Betking platform for those who want to bet with real money. its clearly Gambling.
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Topic
Board Economics
Re: How do banks generate income?
by
DubemIfedigbo001
on 18/05/2023, 04:59:44 UTC
Banks money making patterns are deeper than we actually think. We here help bank in making a lot of money with the funds we make available to them but it is disguised as vice versa. Banks make money from one of the following ways:
  • fee-based income
  • capital markets income
  • interest income

FEE BASED INCOME
 Banks can charge you for using their services which most of the time they term it maintenance services or tax. for examples:
  • credit card fees
  • checking your balance
  • Account maintenance fee
  • ATM maintenance fee
They charge you for virtually everything you do with them. when you buy shares from them, they make money by selling the shares to you, and also make more money from you by managing your investment. Literally, everything done with bank must find a way designed by them to attract more favour for themselves.


CAPITAL MARKETS INCOME
Capital markets are provisions where banks lure individuals to invest in one or two types of securities: EQUITY and DEBT securities. With EQUITY security funds being traded on various stock and exchange markets. You are entitled only to a "small" portion of the earnings in the nearest future
while DEBT securities are cast on bonds. A bond is still your money loaned by a bank with a standing agreement on the repayment patterns, often with good interests. these interests can be fixed or dynamic in nature. The monies are borrowed out to government agencies or organizations that need them.
the deal here is that banks still get the king share of your own money they borrowed from you.


INTERST INCOME
Commonest way banks make money. This is still the same money we deposit in the banks for safety and later retrieval. Banks trade with these money by lending it out to individuals at higher interest rates and return slim or insignificant profit to the depositors. Banks thrive from this means because people are readily available to deposit money as well as those waiting in their numbers to borrow money and repay at high interest margin. Banks are left to deal with the credit risk and ensure those debts are repaid.

There are still many other ways that they make money like Custodian fees, Private properties management, checking accounts, minimum balance fees, overdraft fees, remita fees. these all fall into one or more of the above broad categories
Post
Topic
Board Gambling
Re: Advice when you are going a bit far in gaming and betting
by
DubemIfedigbo001
on 17/05/2023, 05:25:41 UTC
firstly,
gambling is like a spirit, once you're possessed, you'll love to win to satisfy yourself. Even when you're loosing, you're propelled to try more with each new guess looking real and with high possibility of giving you a win. This is when you are most vulnerable and can either make or mare yourself.

Here are my candid advices based on my experience
  • there is time for everything and gambling should be apportioned its own time and season in your activities and you must stick to that
  • Only gamble with your spare money and not your livelihood
  • Do not be too greedy, stake only what you can afford to loose
  • Learn to accept that gambling is about luck and experience, there are some good days which you win as well as some bad days. Identify the two and make a move earlier before its too late
  • don't bring much emotions into gambling, Instead  bring in more discipline
  • don't hope on gambling, see it as a fun activity, just like when you go to the park for recreation and relaxation
  • if you bet online, have a separate account or wallet that you fund anytime you're in the mood for gambling and discipline yourself not to add more funds or coinsBTC to that wallet when it is exhausted
    • Also maintain a minimum balance on that account. In essence you will withdraw excesses to your main account in the event that it is a good day and you are getting wins
     
you can gamble and still be modest. the main problem is that people tend to see it as a major means of livelihood especially if their luck shines a few times. this has to be discouraged cos you're on your way to becoming a helpless addict and the doomsday may be near.
Post
Topic
Board Gambling
Re: Quit gamble! Easy or Hard? Let's talk.
by
DubemIfedigbo001
on 18/09/2023, 20:09:59 UTC
Gambling is not for the faint of heart and not what you should do with your whole being, you need some principles to be able to gamble and still remain sane. I must also mention that a jobless person should avoid gambling cos you don't always win and when you loose, you should have other clean sources of income to fall back to. Gambling is for fun and recreation and should be seen as such. From your post and assertions, I deduce that you took gambling as a major source of livelihood and a superior attitude, and I think you have a lot of growing up to do. you hate it doesn't mean you should lord your beliefs on people. Its totally wrong as we hold our different views on the topic and you should respect that
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Topic
Board Gambling
Re: No KYC vs KYC enabled casinos (Facts you need to know)
by
DubemIfedigbo001
on 18/09/2023, 20:56:45 UTC
I've provided links to two of the sites sites I visited while gathering Knowledge.
Post
Topic
Board Economics
Re: Helpful mineral resources
by
DubemIfedigbo001
on 31/07/2023, 06:45:52 UTC
Africa can be great again. They just need to act smarter and wiser.
Post
Topic
Board Beginners & Help
Re: Just a fresh beginner.
by
DubemIfedigbo001
on 31/07/2023, 03:29:31 UTC
firstly, I must welcome you wholeheartedly to this prestigious "Forum" and not "Article". This Forum provides a unique learning environment where there are diverse topics ranging front cryptocurrencies, to economics, down to software development that trace their root to the advancement and promotion of the Bitcoin cryptocurrency.

i must mention that The Help option is there on the menu to offer assistance to brand new people in the forum.

I must also suggest to you to maintain an open mind to learning and growing in this forum. There are lots to learn and the magic works while you maintain a learning mindset. Growth comes as a reward for consistent learning and practicing. I recommend you read all pinned threads in any board you enter to arm you with the rules, regulations, requirements and expectations of the board.

here are also few articles for you to understand the way the forum works:
Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ
Newbies - Read before posting,
Forum moderation policy,

in the event of posting, your can refer to these for guidance:
[GUIDE] A good post/reply and formatting [UPDATED],
Bitcointalk - Post formatting.

In all, I wish you the very besting your journey in the forum. Hoping to seeing you around more often Cool


Post
Topic
Board Economics
Re: Reason why you will never become rich
by
DubemIfedigbo001
on 31/07/2023, 17:28:13 UTC
don't struggle to help family

I believe this statement is a mistake because you cannot abandon the family that raised you and still boast of doing well. Family Is everything bro and charity begins at home.
In struggling, you strive for more financial upgrades, and always carry family along because if you don't, when you might reach the top, you may have lost your family while busy chasing finance. That's when you'll taste the depression of rejection from family or total loss of the family you once loved and belonged to.

Your other points are good, but for this very one above, its a no for me.
Post
Topic
Board Economics
Benefits of Bitcoin and other cryptocurrencies to the global Economic Structure
by
DubemIfedigbo001
on 31/07/2023, 21:07:59 UTC
Do you know how cryptocurrencies are ruling today’s world? .
Since the arrival of cryptocurrencies, people’s lives have transformed in many ways. Nowadays, it has become more convenient for people to invest in various digital currencies. Also, many businesses are adopting cryptocurrencies as a mode of payment. When it comes to investing in digital currencies, one has to gain some knowledge. You can now take help from many websites and platforms to get started with them. Cryptocurrency trading has helped many investors earn high profits. That is why investors are interested in the same. If you also want to make enormous profits, digital currencies are the best for investments.

How do cryptocurrencies help improve the global economy?

1. An increase in economic activities:
The best part about digital currencies is that they are spread worldwide. Various companies around the globe are considering it as a good source of investment. Therefore, its usage is also increasing at a faster rate than before. It is one of the primary reasons why the cryptocurrency industry is expanding.

2. Better for poorly banked countries:
You might already know that not all the nations have convenient banking services. In other words, these poorly banked countries aren’t economically well off. That is why they couldn’t offer loans and other services to the people. But the times have changed drastically with the arrival of digital currencies. People can now make investments in them and also get financial help in times of need. Not only can people benefit from them, but these developing countries can also enhance their economies if they start using cryptocurrencies.

3. Transaction cost is low
As you know, cryptocurrency transactions are dependent on the blockchain network. The transaction fee is pretty low as compared to other modes of payment. Every crypto is a decentralized form of currency. So, the transactions are different from bank ones. The technology is impressive because one can send digital coins to another person from anywhere to any part of the world. Fortunately, the cost will be minimal compared to other bank transactions.

4. More transparency of transactions:
One of the best things about using cryptocurrencies is that you can easily access all the transactions. There is less chance of fraudulent activities. All the transactions are stored in the system. So, you can track everything without having any issues or problems.

5. Hacking is almost impossible
Technology is indeed improving with time. That is why most businesses and companies are now running online. Due to this, the risk of getting hacked has become common these days. The cryptocurrency industry is doing great at providing excellent security options to investors. Nobody can get hacked if they are using blockchain technology. The only thing they need to take care of is how to use these security options.

6. Anonymity is beneficial:
Another thing that makes people use this type of currency is that their identity remains anonymous. They don’t have to put a lot of information about them to get started with trading, transactions and investments. Every cryptocurrency exchange respects the anonymity of the users. So, there is no way one can misuse your confidential information. With fewer details, you will feel at ease that nobody will know your identity. Banks don’t offer this type of benefit to people, no matter what. It is only possible with cryptocurrencies.

The Bottom Line
In conclusion, we can say that the future of cryptocurrencies is pretty good. I hope now that we understand how they are benefiting the global economy in different ways.

feel free to add yours so we all learn together.

https://pmcaonline.org/benefits-of-cryptocurrency-to-global-economic-structure/#:~:text=6%20Benefits%20of%20Cryptocurrency%20to%20the%20Global%20Economic,impossible%20...%206%206.%20Anonymity%20is%20beneficial%20