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Showing 20 of 44 results by Sidra101
Post
Topic
Board Mining
Re: How can i start bitcoin mining?
by
Sidra101
on 15/05/2023, 16:12:45 UTC
Bitcoin Mining can be complex at times, you needs to know the types of cryptocurrency you want to mine by doing your own personal research, then settling up a stop criterial to the limits to what you want to mine.
Post
Topic
Board Altcoin Discussion
Topic OP
Reasons why NFT are built on BLOCKCHAIN
by
Sidra101
on 15/05/2023, 16:06:25 UTC
Blockchain technology provides a reliable and transparent infrastructure for the creation, ownership, and trading of NFTs. this addresses some of the key challenges in the digital asset space. such as provenance, security, and intermediaries, making it an ideal foundation for the development and growth of the NFT market.
NFTs are built on blockchain technology for several reasons which some are listed below.
Provenance and ownership verification: Blockchain provides a decentralized and transparent system that allows for the tracking and verification of ownership. Each NFT has a unique digital signature stored on the blockchain, making it easy to verify its authenticity and ownership history. This ensures that NFTs cannot be duplicated or counterfeited, which is essential for establishing value and trust in the digital art and collectibles market.
Security and immutability: Blockchain technology offers a high level of security and immutability. Once an NFT is created and recorded on the blockchain, it becomes part of a distributed network of computers that validate and store the information. This makes it extremely difficult for anyone to alter or tamper with the ownership records, providing a secure and reliable system for NFT transactions.
Decentralization and elimination of intermediaries: Blockchain enables peer-to-peer transactions without the need for intermediaries such as art dealers, galleries, or auction houses. This allows artists and creators to directly sell their work to collectors, eliminating the need for traditional gatekeepers and potentially increasing their revenue.
Interoperability and cross-platform compatibility: NFTs built on blockchain technology can be easily transferred and accessed across different platforms and marketplaces. The standardized protocols and smart contracts used in blockchain ensure compatibility and interoperability, allowing NFTs to be traded and displayed on various platforms, fostering a broader and more vibrant ecosystem.
Post
Topic
Board Nigeria (Naija)
Re: Wetin go happen to our stored Bitcoin, if Nigeria release her ban
by
Sidra101
on 15/05/2023, 15:56:36 UTC
I think we are smarter than these governing bodies, before they make such decision, it means there will be no internet access from the country and we will get the internet in our neighboring country.
Post
Topic
Board Altcoin Discussion
Re: Bounty hunter is considered as investors with a big patience.
by
Sidra101
on 15/05/2023, 15:44:02 UTC
In my humble opinion, i think time alone worth a lots of money, imagine doing a testnet that takes most of your time. sometime your the device can even get damage during the process. but a big patience is required which is not supposed to be.
Post
Topic
Board Altcoin Discussion
Re: Can NFTs last forever?
by
Sidra101
on 15/05/2023, 15:28:12 UTC
NFTs (Non-Fungible Tokens) cannot last forever in their current digital form. The main reasons for this are; 'i' Dependence on the blockchain 'ii' Storage and hosting 'iii' Technological advancements. It's important to note that efforts are being made to address these challenges and find solutions for long-term preservation of NFTs.
presently; NFTs don't have a guarantee of lasting forever in their current digital state.
Post
Topic
Board Altcoin Discussion
Re: PEPE time to buy NOW?
by
Sidra101
on 15/05/2023, 15:18:34 UTC
Making a decision on buying PEPE coin require a strong research, And doing your research and also know that its just a meme coin. a joker
anything can happen.. meaning you can equally loose your stake due to bear market.
Post
Topic
Board Bitcoin Discussion
Re: My friend's investment in Bitcoin
by
Sidra101
on 15/05/2023, 14:42:16 UTC
For your friend to invest in bitcoin as far as early 2009, that must have been a big success till date.
Post
Topic
Board Bitcoin Discussion
Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX?
by
Sidra101
on 14/05/2023, 22:16:11 UTC
No doubt about that, but don't forget that there are many
Public figure out there. Only that few are mentioned, but they are doing well on their own.


Post
Topic
Board Nigeria (Naija)
Re: How NEPA dey treat you for your area? Good or bad?
by
Sidra101
on 09/05/2023, 14:27:04 UTC
Very bad I swear.. they've not doing us good at all, they are the real devil of our time... We really needs to pray very well about them.. Because it seems  they are taking over the country now. #Darkness
Post
Topic
Board Nigeria (Naija)
Re: African Proverbs in Pidgin
by
Sidra101
on 09/05/2023, 14:14:28 UTC
If breeze blow wella, foul yansh go open. ( Meaning )   "If person go through difficulties too much, people will see your secret"
Post
Topic
Board Nigeria (Naija)
Re: The Latest Ponzi Scheme in Town, pls Avoid it.
by
Sidra101
on 09/05/2023, 14:06:59 UTC
I join them thinking that if I get my invest capital back, i can now be using the remaining interest to dey run test net and buying some token. But, you what; They disappoint me.
Although I got my capital back sha,
 but with no interest.
Post
Topic
Board Altcoin Discussion
Topic OP
I'm getting tired of the high fees for gwei
by
Sidra101
on 07/05/2023, 06:01:29 UTC
The high fees of gwei in Ethereum transactions are due to the supply and demand dynamics of the network. When the network is congested, users need to pay higher fees to prioritize their transactions. The popularity of DeFi and NFTs has increased demand for Ethereum transactions, leading to higher fees.
Post
Topic
Board Altcoin Discussion
Re: SUI Wave Ended, What next?
by
Sidra101
on 07/05/2023, 02:38:26 UTC
That is questions I've always ask myself from the beginning of this over hype of SUI stuff that has nothing to offer, it will end up in trash because the project has no community support. They lost it when they refuse to give their communities what belongs to them. That's the origination of their problem.
They're not doing so well in the market if you check,.So they're not going anywhere.
Post
Topic
Board Bitcoin Discussion
Topic OP
BITCOIN BULL MAY BE IN TROUBLE
by
Sidra101
on 07/05/2023, 02:27:23 UTC
According to what's happening in the market today., Bitcoin's value has changed a lot in the past, still going up and down quickly. Recently, it reached a really high value in April 2021, but then went down a lot in May 2021. There are different reasons for this, such as concerns about the environment and government rules. Some people think that in the short term, the price could still go up and down a lot because of different things like the economy and what people think. It's hard to know for sure what will happen, so people who want to invest in Bitcoin should be careful and think about the risks and rewards before doing anything because the Bull market may be in trouble.BTC




Post
Topic
Board Bitcoin Discussion
Re: How to convince a sceptical person to buy Bitcoin ?
by
Sidra101
on 06/05/2023, 14:35:44 UTC
Investing in Bitcoin is a personal decision that each individual must make for themselves. It's important to do your own research and understand the risks and benefits of investing in Bitcoin. This means considering factors such as how much money you can afford to invest,. your financial goals, and your personal circumstances.
Before investing in Bitcoin, it's important to understand that it can be a very volatile asset, meaning that its value can fluctuate rapidly and significantly. This can present risks as well as potential rewards. Therefore, it's important to weigh these risks and rewards and make an informed decision that aligns with your financial goals and situation.
Overall, it's important to do your own research, understand the potential risks and benefits of investing in Bitcoin, and make a decision that aligns with your own financial goals and circumstances,. I Think!
Post
Topic
Board Bitcoin Discussion
Topic OP
Bitcoin Emerges Victorious
by
Sidra101
on 04/05/2023, 12:26:12 UTC
BTCitcoin has become the talk of the town in recent years. It is a digital currency that has gained immense popularity among investors and traders. In fact, it is considered to be the future of money. it's decentralized, meaning it's not controlled by any government or central authority. Its limited supply and increasing adoption by mainstream companies have contributed to its success. Despite facing challenges in the past, Bitcoin has also proven to be resilient and has emerged as a popular investment option for those seeking an alternative to traditional assets. While there are risks involved, Bitcoin's future looks bright as it continues to gain popularity among investors and traders and also potential to provide high returns on investment. If you're considering investing in Bitcoin, it's important to do your research and understand the risks involved. However, if you're willing to take the risk, Bitcoin has the potential to provide high returns on investment in the long run.
Post
Topic
Board Nigeria (Naija)
Re: Tinubu first 100 days in office, what do you expect?
by
Sidra101
on 04/05/2023, 11:11:51 UTC
Is there any seer that you know among us?


This questioning questions could leads to another thing entirely.. I only post to know the peoples opinions and I expect a good answer to this. Let us always be transparent in whatever we do or say on this platform many people are watching.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Halving only 1 year away
by
Sidra101
on 04/05/2023, 11:02:56 UTC
Not a big deal again that bitcoin halving happens every four years, where the amount of new Bitcoins created by the Bitcoin network is reduced by half. This controls the supply of new Bitcoins to prevent inflation and makes it more valuable over time. Back to history; The first halving was in 2012 when 50 Bitcoins were reduced to 25, and the second was in 2016 when 25 Bitcoins became 12.5. The most recent was in 2020, where 12.5 Bitcoins became 6.25. So., Investors, traders, and miners should keep an eye on Bitcoin halving as it has been followed by a significant increase in Bitcoin's price in the past.
Post
Topic
Board Nigeria (Naija)
Topic OP
Tinubu first 100 days in office, what do you expect?
by
Sidra101
on 04/05/2023, 07:15:28 UTC
The quality of the people that the leader surrounds himself with, such as his cabinet and close advisors, will determine how successful he is in addressing the many problems the country is facing, such as insecurity, a weak economy, high unemployment rates, and unstable inflation rates.

Tinubu once said that even though Lagos State did not receive money from a government committee, he was able to improve the economy of the state, and it eventually became the biggest economy in Africa.

As the leader's inauguration approaches, experts are suggesting important things that the new government should focus on during the first 100 days.
Post
Topic
Board Bitcoin Discussion
Topic OP
The purchase Bitcoin during its early stages.
by
Sidra101
on 03/05/2023, 17:50:00 UTC
What is the riskiest or most unconventional action you have taken in order to purchase Bitcoin during its early stages, despite the lack of guarantees or promises that it would appreciate in value?