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Showing 20 of 40 results by Jimmycrooks
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Board Beginners & Help
Re: Crypto scam
by
Jimmycrooks
on 22/06/2023, 19:40:50 UTC
Hello friends i invest my last money 2000$ in crypto but get scam by some website cant withdraw money it say error.
Dear OP I'm sorry but it seems like you've been scammed.
Can someone help me to recovery or with donation i dont have more money i need money back.

Thanks
Once a transaction has been made and has been received by the address, it can't be recovered.

But just out of curiosity, what's the name of the website
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Topic
Board Beginners & Help
Re: What type of posts should a newbie post?
by
Jimmycrooks
on 22/06/2023, 19:33:34 UTC
As a newbie on this Bitcointalk forum, I wish to be guided by the high-rank members of this Bitcointalk forum on the type of posts I am to make that will not go against the Bitcointalk forum rules.
Dear OP as a fellow newbie I'd advise to stick to reading post and engaging in the comment sections than making actually posts.

Sure you should make valuable posts once in a while but the should be more or questions or discussion than teaching. That's a mistake I made when I joined the forum. Stick to this and you'll be golden .
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Topic
Board Beginners & Help
Re: Am new
by
Jimmycrooks
on 22/06/2023, 19:24:19 UTC
Please I'm new here and i don't know the necessary things i will do, i have read something's here but it's not enough to say i know anything, with your description I will coup with you guys
Welcome OP, first step you should do Is to search for beginners threads on this forum, make and engage in valuable threads and you're welcome.
Once again, welcome
Post
Topic
Board Nigeria (Naija)
Re: Africa needs peace in Ukraine and Russia.
by
Jimmycrooks
on 15/06/2023, 09:08:03 UTC
Most African nations depend on Ukraine and Russia for many things. Economically these two nations supply most of the raw materials and finished products that help the economies of the continent. Africa suffered at the beginning of the invasion because most raw materials like wheat led to the high cost of bread. Academically the continent relies so much on Russia and Ukraine. Before the Russian invasion of Ukraine about 26,500 Africans were studying in Ukraine and many of them became dropouts. Many students that would have studied in Russia are not going because of security and diplomatic concerns. This is denying Africans the opportunity to access quality education. Politically it is affecting the continent because it is dividing us among the Western and Eastern blocs. Some of them have criticized the war while others have been silent.

Recently six African countries have scheduled to visit Russia and Ukraine in an attempt to seek peace. They are aware that this war is affecting the continent negatively and that the war should end. We know many more powerful nations have tried to end this war but failed, I am just praying that South Africa, Zambia, Senegal, the Republic of Congo, Uganda, and Egypt might find a way to end this war.
I don't think Africa depends on Ukraine for anything. We'll only have an issue if the US decides to interfere in the conflict.

If the US economy is affected by the war then Africa will be affected too.
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Topic
Board Bitcoin Discussion
Re: Could invested assets be nullified by progressive gas fee after halving?
by
Jimmycrooks
on 31/05/2023, 20:27:14 UTC
Good day my fellow-bitcoiners! Took some time to study this topic about good advices given to novice investor into bitcoin field I came to conclusion that everyone gives advice to each and everyone to follow DCA strategy. Being not so advanced investor with less than 2 years term in the field I came to one strange experience that bothers me nevertheless. Whenever one is trying to follow DCA path it could affect potential investor into collision course with necessity to pay fee which is regulated by increased demand. To put it simple: with increase in bitcoin price the value of gas fee rises. Could it decline the profit in bitcoin investment to the extent when we are not able to pay the gas anymore? Let me explain it by my own experience on latest attempt to have business with CEX (I don't want to give it an add or spoil the impression so I will avoid to give the exact name for them). From the very beginning I knew absolutely nothing about how and what is bitcoin. So to give it a try I've put not more than 20USD into CEX and made several transactions with newly created account. That was the case when I saw the fee going up to 8-10$ to complete transactions by moving out assets or transferring them. So I had an idea that moving huge amount of assets on the blockchain could potentially solve the issue. As anyone could see there were quite big transactions made by US authorities recently. It even affected bitcoin rate for a short period and everyone has seen it at the market. Suppose I accumulate enough assets in bitcoin so that a need will occur to spend or transfer it for some reason will it be independent on the fee amount to save the earned or we have to feed miners with fee that will rise along with bitcoin value? More is the price - more fee you have to pay?
OP first of all you should learn to arrange your post with enough spaces for easy reading. I had a difficult time reading you post to the end, I'm pretty sure I skipped a few things.

Now back to your question, yes it's true as the price of bitcoin increases, gas fees increases too. There's no avoiding that.

Although you can always consider customizing your fee or batching multiple transactions into a single transaction or timing your transactions during periods of lower network.

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Topic
Board Bitcoin Discussion
Re: Internet is one limitation of bitcoin
by
Jimmycrooks
on 29/05/2023, 22:38:49 UTC
I am facing a real world issue that prevents me from using Bitcoin.

I live in Pakistan and for last three days cellular internet service all across the country is suspended because of prevailing law and order situation. Internet is working on fixed line connection that is reaching homes. So there is still some connectivity available.

If government shut down internet service even on fixed line connection then there will be complete internet blackout in the country and in that situation we cant use bitcoin.

I think this is also one of limitation of bitcoin that we need internet to use it. 
Internet isn't a limitation to bitcoin. Internet is an integral part of bitcoin and Bitcoin would be nothing without it. So saying internet is a limitation of bitcoin is a huge fallacy.

Whatever plight you might be facing lies with your government and not internet.

The only advise I can offer it's to get a reliable VPN for internet access in other countries
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Topic
Board Beginners & Help
Re: Happy to start bitcoin lifestyle.
by
Jimmycrooks
on 29/05/2023, 22:28:46 UTC
The most favourable investment is bitcoin, and I call it the most favourable is because it gives choice of what you want to invest, time, period, management and operations. I would love to take this opportunity to the next level, I don't investing any cash entering my hand even if bitcoin is going down or up, I still prefer it to others. I have seen a lot of testimonies of bitcoin despite the challenges it has faced but still good to mingle our mind with bitcoin lifestyle and love it, advertise it, campaign hard for it and trade cautiously. Bitcoin have touches lives my won't be exemption, I must learn, grow and earn from it.
First of all, it feels like you made this post based on what someone told you and not from personal experience.

Secondly, what do you mean by bitcoin Is a lifestyle? I'd appreciate if you explain it better

Thirdly, it's quite obvious you don't have any experience in bitcoin if not you wouldn't have made this post so I'll just leave this for you. Bitcoin isn't all rainbows and sunshine as this your post makes it out to be, it can be really stressful.

You're talking about trading like it's some nursery rhymes lmao. I'd advise you to chill and actually get an experience from bitcoin before making posts like this .
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Topic
Board Beginners & Help
Re: Why is Bitcoin always in a state of BULL RUN
by
Jimmycrooks
on 29/05/2023, 22:18:54 UTC
During my research about bitcoin,I was acquainted with the paraphrase BULL RUN, which from a wide range of meaning it's a state or period of time when the prices of stock's and shares rise above normal.
Then Reflecting it back on bitcoin I learnt it is when crypto prices increase rapidly and significantly, so when the bitcoin prices increases what happens to the stock market?? Which drive me back to this question that "WHY IS BITCOIN ALWAYS IN A STATE OF BULL RUN"BTC
Bitcoin isn't ALWAYS IN A STATE OF BULL RUN, I don't know where you heard that.

Bitcoin bull run is basically the price of bitcoin increasing exponentially In a particular period of time. Like bitcoin rising from 16k 30k.

The fact that bitcoin can increase almost 1.6 times it's initial price also means that it could fall too.
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Topic
Board Beginners & Help
Re: Diversification of Scam Techniques in Cryptocurrency
by
Jimmycrooks
on 29/05/2023, 21:57:52 UTC
Diversification of Scam Techniques in Cryptocurrency

As the scammers have been informed that people are now being more sensitive about NFTs and the related scams associated to many of the meme tokens in cryptocurrency, they have now shifted concentration from NFTs to memecoins where they think people feels more secured than with tokens, their new target now is on memecoins just as they have been doing before and there's a need to raise this awareness for everyone investing in cryptocurrency.

The news came in after some research had been taken by people to find out that about twenty four (24) memecoins have been liquidated and rugpulled within the last 10 days, the warning is for you to open your eyes and know the kind of digital coin you will be investing on, make your research very well and know the risk involved, we don't know which coin, token or centralized exchange is next and in for rugpull, bankruptcy, got attacked or turn scam anytime.

Henceforth you're no more a slave to centralized digital currencies or share the risk of investing on scam tokens or memecoins that may put you into shame later, every beginners can start with bitcoin because it's reliable and decentralized.

Source:
https://coingape.com/24-rug-pulls-in-10-days-scam-tokens-ride-the-wave-of-meme-coin-mania/
Meme coins.....you mean Ponzi schemes?. These scams have been around for a long time now, it nothing new. They're alot of threads on this topic already made on this forum so once again, it's nothing new.
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Topic
Board Beginners & Help
Re: Are you still buying?
by
Jimmycrooks
on 23/05/2023, 10:33:18 UTC

And yes I agree with you, from the predictions I've been seeing online, the next bull run will really shock most people. Especially those that are sleeping on bitcoin
Next bitcoin movement will really shock everyone but I don’t know if bitcoin will just pump from $26k to $50k overnight, bitcoin price movement is always gradually and we shouldn’t just expect a massive pump overnight. Most people that haven’t invested in bitcoin due to one or two reasons, they will be surprise  when the bull run start, nobody know when the bull run is coming, but we are just hoping it will be soon, it’s really going to shock most people because most people are still expecting bitcoin to dump more before investing.
I saw a thread on this forum where someone predicted the next bull run to be sometime around mid 2024, I'm still yet to make research on this.

I don't know, but I don't really see bitcoin going any lower than 25k. So people that are waiting on bitcoin to drop are just wasting their time. The next bull run I coming soon, and bitcoin will continue to rise gradually till that time.
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Board Beginners & Help
Merits 1 from 1 user
Re: Are you still buying?
by
Jimmycrooks
on 22/05/2023, 19:18:31 UTC
⭐ Merited by philipma1957 (1)
This market is not favourable since 2021 till now like as of last two years that was a boom let's face the fact about, bitcoin price has drastically reduced the number of buyers overtime, even most of you that have it before aren't buying more bitcoin recently because of the waving price dilemma. Think of it this way, if you sleep by 8pm and wake up by 5am to discover that bitcoin rise up to $50k, will is you said is scam? Or will you regret for not buying again? Believe me it will shock many people how the bull will react. Keep buying if trust bitcoin
It's 2023, I don't think anyone still thinks bitcoin is coin, most people are just not interested due to a myriad of reasons.

And yes I agree with you, from the predictions I've been seeing online, the next bull run will really shock most people. Especially those that are sleeping on bitcoin
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Topic
Board Beginners & Help
Re: obsolete bitcoin investment advices [change needed]
by
Jimmycrooks
on 20/05/2023, 07:49:28 UTC
2mins 20s read.


3. DYOR (Do your own research):
This advice should be for altcoin investors. If I may ask, what kind of research is one, especially a newbie expected to make in bitcoin. Are they researching the road map of bitcoin or are they researching the developers behind it? The right thing is to know when to buy. Simply buy low and sell high.

These and some more are bothering me, I decided to let it out so that we will begin to appreciate bitcoin and not to continue seeing it as it was 10 years ago.


I disagree with this, this advice shouldn't be for altcoin investors as it applies it's to bitcoin too. Making due research is an integral part of crypto for both bitcoin and altcoin investors.

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Board Beginners & Help
Merits 1 from 1 user
Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed
by
Jimmycrooks
on 20/05/2023, 06:58:25 UTC
⭐ Merited by fillippone (1)
Post
Topic
Board Beginners & Help
Re: does it worth to start mining now ?
by
Jimmycrooks
on 19/05/2023, 13:38:11 UTC
what do you guys think does it worth to start mining now ?
Yes!, it's always worth to start bitcoin mining, as long as you have the right resources. And what are the right resources?

1) Enough capital

2) A stable power supply. I think this is the most important of them all.

3) The right hardware and technical expertise to handle them.

If you don't have any of these mentioned above, or have two out of the three......then do not engage in bitcoin mining for its most likely that you'll regret it .
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Topic
Board Beginners & Help
Re: Which is more lucrative between mining and trading bitcoins?
by
Jimmycrooks
on 19/05/2023, 13:27:51 UTC
I am looking to start my Bitcoin journey from somewhere that would be of advantage to me as the economic situation in my country bears down hard and with having family to Carter for, it is rather exhausting.
Without much physical mentors with real life experiences except for YouTube and this forum where I feel I can ask good questions and be answered well, am asking, which is the more lucrative endeavour for a newbie hoping to benefit from cryptocurrency at first between Bitcoin mining and Bitcoin trading?  

Are there other Bitcoin endeavours one could be interested and invested in, other than trading and mining?
If you have enough money then you can go focus on mining Bitcoin. Beware!, there are alot of risks, it is more complex than regular bitcoin trading and requires alot of maintenance too. So make your research and choose the one the suits you more .
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Topic
Board Beginners & Help
Re: Factors that's why others are hesitant to start in crypto
by
Jimmycrooks
on 19/05/2023, 13:18:57 UTC
These are the things that people who want's to start in crypto who I always see by others as a problem:
  • Scam - When i first told my friends about crypto they ignored me and say its a scam
  • Fear - since they thought crypto is a big scam, they fear they will just waste their time, and money investing and then wipeout after
  • lack of knowledge - since they don't have knowledge and they sometimes think it will be hard to learn, they loose interest in it, but in reality with lots of information over the web and with bitcointalk its really easy to learn something about crypto
  • Mentoring - Although others don't need help from others some are don't have the courage to start on their own and need others to guide them although as i said, bitcointalk is the way to go, but someone should point them to this site for them to realize that
  • Money - Although money is important they thought that the only way to earn in crypto is to have money to invest, but there is lots of things how to earn without money
  • Resources - some have laptop mobile phones, internet but others only have to rent, that is why they have less time go online and check what is going on, but if you are like this, don't stop, even though not daily but try to go online if you have time.
I have seen others who really want's to know about crypto while their friends are into crypto and they are not, sometimes they don't want to teach their friends for a reason that they would earn better or more
As a person who is new to crypto i have experience this things in the list, until i have tried it, and overcoming those, my advice is don't be afraid and start, because sometimes no one will help you, but yourself, have the courages to push yourself and start now, before its too late, and one more thing share your knowledge to others ,no one can steal it from you, but it will be better if everyone will have knowledge that they can use and share also at the same time, like what is going on in this forum sharing what they know will make crypto more popular.


As long as there's money I don't think any of these factors would hinder anyone from starting crypto.

SCAM and FEAR are literally the same thing, you just separated them to make your thread longer. The fear of being scammed can be overlooked with enough funds it's a known fact. That's a known fact

RESOURCES: you mentioned laptop and mobile devices which can be bought with money. I'm not gon talk much on this, you get where I'm driving at.

LACK OF KNOWLEDGE and MENTORING: Again two similar points that could've been folded into one point, but you felt that separating them would make your thread longer.

There are legit crypto classes out there that one can register under. Yes they might cost you money, but that's where the funds come in.

They main factor hindering people from engaging in crypto is the lack of funds and ignorance. .
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Topic
Board Beginners & Help
Re: Factors that's why others are hesitant to start in crypto
by
Jimmycrooks
on 19/05/2023, 05:55:13 UTC
These are the things that people who want's to start in crypto who I always see by others as a problem:
  • Scam - When i first told my friends about crypto they ignored me and say its a scam
  • Fear - since they thought crypto is a big scam, they fear they will just waste their time, and money investing and then wipeout after
  • lack of knowledge - since they don't have knowledge and they sometimes think it will be hard to learn, they loose interest in it, but in reality with lots of information over the web and with bitcointalk its really easy to learn something about crypto
  • Mentoring - Although others don't need help from others some are don't have the courage to start on their own and need others to guide them although as i said, bitcointalk is the way to go, but someone should point them to this site for them to realize that
  • Money - Although money is important they thought that the only way to earn in crypto is to have money to invest, but there is lots of things how to earn without money
  • Resources - some have laptop mobile phones, internet but others only have to rent, that is why they have less time go online and check what is going on, but if you are like this, don't stop, even though not daily but try to go online if you have time.
I have seen others who really want's to know about crypto while their friends are into crypto and they are not, sometimes they don't want to teach their friends for a reason that they would earn better or more
As a person who is new to crypto i have experience this things in the list, until i have tried it, and overcoming those, my advice is don't be afraid and start, because sometimes no one will help you, but yourself, have the courages to push yourself and start now, before its too late, and one more thing share your knowledge to others ,no one can steal it from you, but it will be better if everyone will have knowledge that they can use and share also at the same time, like what is going on in this forum sharing what they know will make crypto more popular.


As long as you have money I don't think any of these factors would hinder anyone from starting crypto.

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Topic
Board Beginners & Help
Re: Popular scams in crypto that investors should avoid
by
Jimmycrooks
on 01/05/2023, 17:47:00 UTC
This is kind of scam actually affects airdrop hunters they usually fall for scams that ask them to link up there wallet to a particular site and this exposes there keys and compromises other coins in the wallet. The scam is old but still catches up with gullible people.  It’s better to have a separate set aside for this Altcoins airdrops
Yeah, I forgot to add this too. Airdrops were really popular in my country as of last year and most of them were fake.

Funny thing is, despite numerous information about this people still fall victim to these scams which is sad
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Topic
Board Beginners & Help
Re: Popular scams in crypto that investors should avoid
by
Jimmycrooks
on 01/05/2023, 09:59:40 UTC
Your first form of scam The victims are always driven by greed; it's only greed that pushes people to fall victim to a money-doubling scheme; they want to make more out of things, which is exactly what the scammers need in order to get their target.
Exactly, as I quoted there, " there's no such thing as something from nothing". Only greed would make someone think they can get money from doing absolutely nothing.
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Board Beginners & Help
Merits 2 from 1 user
Topic OP
Popular scams in crypto that investors should avoid
by
Jimmycrooks
on 01/05/2023, 09:32:35 UTC
⭐ Merited by fillippone (2)
Scams and frauds have been rampant in the crypto community for many years now. The crypto market, being relatively unregulated, has attracted so many scammers and  fraudsters. These criminals take advantage of the lack of knowledge among investors to leverage their schemes.

One of the most common scam is the Ponzi Scheme. I'm pretty sure most, if not all of us are very familiar with this scam. In a Ponzi Scheme, the scammer promises high returns on investment without doing any actual trading. Instead, the scammer gains new participants mostly true referrals and uses their funds to pay the earlier investors' promised profits. The Ponzi Scheme collapses when new participants dwindle or demand a payout, and the scammer disappears with the remaining funds. There's something my dad always tells me, " there is no such thing as something from nothing". Anyone that promises you a particular amount of BTC, and all you have to do is invest a  particular amount or share their link to invite a given amount of people, that person is a scammer, and potential investors should avoid them at all cost.

Another common scam is the Fake ICO (Initial Coin Offering). In Fake ICOs, the scammer promises a new cryptocurrency with a major technology or platform, convincing potential Investors to invest their funds in the ICO. However, after collecting the funds, the scammer disappears, and no new cryptocurrency is ever launched. Personally I've been a victim of something similar to this some time ago, but it wasn't crypto related.

Another fraud is the Phishing scam, where a scammer creates a fake website that pretends to be a popular cryptocurrency exchange or wallet. They ask for login credentials, private keys, and then proceeds to access the victim's cryptocurrency wallet and steal their funds.

Lastly, the Ransomware, here the scammer captures a victim's digital devices or files; the attacker demands payment in cryptocurrencies to surrender the data and restore access to the victim. Another one that's very similar to this, the scammer preys on investors that have issues with their wallet, offers a solution and demand for their login details to fix said issue. Then they proceed to access their wallet and steal their funds.

A few days ago, a user on this forum asked if it was possible to reverse a bitcoin transaction cause he accidentally sent funds to the wrong address. That's the kind of post these scammers look for. I'm sure he got a couple of messages from people claiming to have a solution to his issue.

To avoid scammers like this, Investors should also be wary of promises of unusually high returns and do not disclose any personal information or keys to anyone.

Finally, Investors should use secure software and hardware for their devices and regularly back up their data.