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Showing 11 of 11 results by OrbitalX
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
OrbitalX
on 01/07/2025, 13:41:58 UTC
I don't know why some guys continue to make the point that source income might not be enough.

Generally speaking, we should be able to assume that it is better to have both a source income and a steady income.

I don’t know what you guys mean by source income, care to educate me on that?
Or should I just assume the reverse of the other which is steady income making source income an income source that isn’t steady or discontinuous.

When someone is talking about source of income,


I don’t know what you guys mean by source income, care to educate me on that?
Or should I just assume the reverse of the other which is steady income making source income an income source that isn’t steady or discontinuous.

It surprises me to see that There are people who does not understand the meaning of source of income till this time, though I can't possibly say that you don't understand the meaning of source of income.

While reading from JayJuanGee, what I saw there is sourced income and not source of income like you guys are putting here. Arguably, any means you get income from is a source of income right? Either it’s steady of not. I still classifies as a source of income.

Now, having to say source income and yet again go ahead to say steady income source puts this two in a contrasting view. Don’t know if you guys get what I’m saying but, that’s the how I did understood it which made me ask if, that’s was entirely a different term unknown to me.

Though, if you guys are here saying, source income and source of income are the same thing, just used interchangeably, then I understand.
Post
Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
OrbitalX
on 01/07/2025, 12:01:53 UTC
I don't know why some guys continue to make the point that source income might not be enough.

Generally speaking, we should be able to assume that it is better to have both a source income and a steady income.

I don’t know what you guys mean by source income, care to educate me on that?
Or should I just assume the reverse of the other which is steady income making source income an income source that isn’t steady or discontinuous.

Part of the point is that you don't need a source income or steady income to buy bitcoin, even though it tends to be better to have a source income and a steady income.. but it is not a requirement.

Having discretionary funds, even if it is merely ONLY $10 and one time (like the cigarette example that I keep stating) is enough to get started buying bitcoin.

Each time a person assesses whether or not he can buy bitcoin, he should be able to assess that he is investing from discretionary funds and that his investment plan for each time he buys bitcoin is 4-10 years or longer.

Sure, if something goes wrong.. then a guy mibht have to cash out of his bitcoin in less than 4 years, yet the plan should be to invest for 4-10 years or longer, each time any bitcoin is bought, whether it is $10 or $100  or whether it is weekly amounts of $10 or weekly amounts of $100 or other frequencies and/or amounts, even if the frequency of buying and the amount of bitcoin bought (dollars spent) might not be consistently the same.

One who is enable to earn is one who can make plans, not just plans on how to spend their earnings but investment plans as well. It’s always left for you to prioritize certain things and types of investments including Bitcoin if you do believe in a future where your investments could roll in and save the days.
Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
OrbitalX
on 01/07/2025, 02:07:04 UTC
Post
Topic
Board Bitcoin Discussion
Re: My message to Hodlers
by
OrbitalX
on 12/05/2025, 01:06:24 UTC
Let’s simply put, if governments of natures have turned into hodlers,

Why shouldn’t you?

You shouldn’t be the one to stop you from holding, something more than you, maybe your inability to get funds with which you can buy Bitcoin with and hold for a long time could be the obstacle but, it shouldn’t be one that you can’t cross. All huddles must be jumped!
Post
Topic
Board Nigeria (Naija)
Re: Real privacy exist in bitcoin yet not many knows.
by
OrbitalX
on 11/05/2025, 23:55:54 UTC
His response was, "I don't use banks."

How? Why? How do you manage your finances without saving them in a safe space...? He smiled at me and said, I know how to manage my money. I don't like banks because of their wahala, and I can package it down to North.

I was surprised, but that's the truth. He is actually living his life without believing the bank is the best place to save his money. While more than 90% of the people around him believe the bank is the best, he is living his life as free as he wants.

So people believe in what works for them.

People still go around  believing in bank compares to BTC
Without the knowledge that BTC can help them become as free as they want, just as this man carries cash around.

Cash is deflationary, and BTC is increasing in price.


For this we country way we Dey so like this eh, these kind of people really plenty and you go find them more for the petty traders them. For some of them, them truly no like banks via the wahala way come up during the election time way we get naira scarcity. This na one way wey business been carry spoil for banks as, people been get money for account but no being fit access am.
Bank go tell you say, CBN don give directives say, na this amount you fit withdraw in a day, a week and even for the month. Them no care if na for healthcare, you wan buy asset or pay for something way Dey you important. Them just stick to policy and these polices didn’t apply to the rich people, na people way no too strong them Dey get strength for. If you do too much, them carry security throw you outside.
Then, we see people way naked for banks naw, social media carry am. So after all those things, you no go expect these people to run back to banks say, na banks better for them.

Na the Aboki know watin en don see or Dey used to way con make am commot body with banks but, that no mean say, banks Dey all that bad shah. E get things way you fit archive with banks quicker than packaging and sending with transport. Imagine the risk,,,
Thieves for road, all these herdsmen matter, the time e go take to arrive, the fact say car fit break down for road and a those road hazards. Something way you for fit press send for here make e arrive for the other place.

All these na watin exposure fit cause person. Na why them say, watin you no sabi big pass you. Na small small them Dey take learn.
Post
Topic
Board Bitcoin Discussion
Re: Are there people/organizations that control the price of bitcoin
by
OrbitalX
on 11/05/2025, 23:41:59 UTC
the possibility of some people(whales) being able to manipulate these supply and demand and judging  from how the price of bitcoin could easily be affected by a tweet from President Donald Trump, has given rise to some sort of curiosity in me to ask and know if truly that some group of people can actually determine the price of bitcoin by altering the demand and supply of the coin?


N/B:. We’re all here to learn and as such everyone is free to bring in their knowledge as I would be in the thread to learn because I’m really curious to know these.
Thanks

I think what we see here is how people could be taken to other persons for several reasons. Trump is a figure of authority all over the world given that, he stands as the president of the world power, the US. It’s not hard to find people take to his world.

If he advices that people should Buy Bitcoin today, you would find a lot of persons rushing to buy and should he say otherwise, you would find people rushing to sell as well. That’s not actually manipulating the price but rather, creating a sentiment or manipulating the minds of people who doesn’t entirely rely on their own opinions or words for an investment advice.

These guys create the sentiments and we take it up from there.
Post
Topic
Board Bitcoin Discussion
Re: Will EU ban Bitcoin?
by
OrbitalX
on 11/05/2025, 23:33:35 UTC

Now I am seeing speculation of whether will EU ban bitcoin or not? The EDPB ruled that a public key is personal data if it can identify, even indirectly, a natural person. This definition subjects every Bitcoin address to data protection obligations. In practice, every transaction is constrained by European law.EU might not explicitly ban bitcoin but they might be dropping incredibly strict rules on top of it making the use of crypto in their region a whole lot unattractive.

When you are trying to disrupt a service by not attacking the service itself, you attack pockets and procedures to it which I think it’s what this is about.
From what I read here, it doesn’t directly focus on Bitcoin but rather, crypto asset and its services which Bitcoin is inclusive. What would Bitcoin be without a high level of privacy for those who wish and want’s it. All these would end should users start transacting directly between themselves as that wouldn’t need the services of an exchange.
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Topic
Board Beginners & Help
Re: Is Android safe for wallets?
by
OrbitalX
on 19/04/2025, 21:04:03 UTC
BTW, Electrum Android has a fee-adjustable option like ETA, From mempool and static for years, then why did you download another wallet?
Probably becuse he only started using Electrum after he got rekt by downlaoading the fake wallet. That lesson wasn't cheap either considering he lost $400 worth of bitcoin when price was around $17k.

I learned my lesson with wallets as well, as I went on phishing website and lost almost all my bitcoin that way also in 2017.

That’s to mean that, you don’t stand a chance of losing your coins because you use an Android device except in cases where your device has been compromised by a malware or you downloaded an app from the wrong source. That’s what I’m getting in this and it clearly makes sense that way.

Android is a company that is belt on trust as well, have policies that wouldn’t allow such to happen as that could easy lead to their downfall.
Post
Topic
Board Beginners & Help
Re: Anyone can fall victim to crypto scams
by
OrbitalX
on 19/04/2025, 19:55:47 UTC
That’s obviously true.

Scammers have got all the schemes to every kind of people on the planet. Just as you would think to yourself to have seen it all and consider yourself above getting scammed, that’s just in the same way scammers have encountered the likes of just anyone and always go back to get designs for all kinds of people.

This simply means, you can be a victim even with you putting together a lot of caution to avoid this. You can only hope that some scammer out there doesn’t find you in your vulnerable state and exploit you for it.
Post
Topic
Board Economics
Re: Tariff war: a moral lesson for country leaders.
by
OrbitalX
on 15/04/2025, 16:21:18 UTC
How is it the moral lesson here? Is US even an ally? My country likes to l*ck Uncle Sam's bal*s. And just because Uncle Sam allows her to, she thinks he's an ally. We're a clueless, meek, nation. Perhaps the moral of the story should be to trust no one, depend on no one. 

It’s one thing to have independence and it’s another to be truly independent. Most nations in our world today are one but not the other. So long as you remain dependent on another nation for some of the major things like, technology, ammunition, health and security, you would always be taken for a ride when the opportunity arises. While this is the US just pulling one of there strings as they could and is available to them, independent nations needs to look towards being truly independent.
Post
Topic
Board Mining
Re: How mining nearly took my life
by
OrbitalX
on 15/04/2025, 05:38:51 UTC
For something I’m interested in, your topic was a must read in order to gain some insight on where to start and how to do so safely. Unfortunately, I’ve got no idea on the devices you’ve mentioned but what I do know now is that, they’ve got no spot in your personal space as, they could potentially be the source of certain radiations which could become dangerous to health.
No one wants to make money only to come off with health challenges right! So this is a topic worth noting and thanks for sharing.