In fact, comparing or attempting to measure the total production of Bitcoin (BTC) with metals like gold, silver, or other commodities is not without reason. There is both a philosophical and economic context behind this approach. Precious metals have served as benchmarks of value for thousands of years due to their scarcity, limited production, and global acceptance as a store of value. Bitcoin, with its maximum quantity of 21 million units and its increasingly difficult mining process, is often considered "digital gold." Therefore, when someone suggests comparing the number of BTC in circulation to the production of other metals, it is usually done to assess the scale of scarcity, potential value, and long-term economic impact. While this comparison may seem strange at first, it can provide new insights into how the modern monetary system may be shifting from physical assets to digital ones. I understand your confusion, as comparing something virtual to something tangible seems odd, but that's precisely where the interesting discussion lies.

The sharp rise in Bitcoin prices since Trump's tariff announcement demonstrates how the financial world is transforming. On the one hand, this is a natural reaction of markets seeking alternatives amid economic uncertainty. On the other, it also reflects a deeper shift: people are beginning to question their reliance on traditional financial systems, which are vulnerable to political volatility and trade conflicts. Bitcoin, with its decentralized nature and limited supply, is beginning to be seen as an asset that offers protection from global uncertainty, similar to the role of gold in the past. As more institutions embrace it, it becomes increasingly clear that we are entering a new era where the definition of "safe haven" is no longer limited to precious metals, but can also take the form of digital codes secured by blockchain networks. This is not simply about price fluctuations, but about how humanity is shifting the paradigm of value in the technological age.

You raise a very important point regarding Bitcoin's volatility and regulatory uncertainty in various countries. It's true that extreme price fluctuations make Bitcoin an asset that can't be considered completely safe. The risk that governments could suddenly ban or restrict Bitcoin's use is also a real factor that could potentially depress the price. However, on the other hand, Bitcoin offers unique characteristics that are difficult to find in other assets, such as decentralization and programmed scarcity. Therefore, Bitcoin can be seen as an asset with a high risk-reward profile: the potential for large returns, but accompanied by significant uncertainty. The best approach is not to view it as an absolute "safe haven," but as one part of a balanced and carefully monitored portfolio.

Your view of Bitcoin's potential tenfold increase from its current price is interesting and often voiced, especially when comparing Bitcoin's market capitalization to gold. However, I think it's also important to remember that the crypto market remains fraught with uncertainty and volatility, so predictions like $1 million per BTC should be taken with caution. You're right that only investors who entered early—pre-2017—will achieve maximum returns, and for those saving now with small amounts, the effect will be more toward asset security than significant financial freedom. This underscores the importance of understanding that Bitcoin should not be viewed as a get-rich-quick solution, but rather as part of a broader and more realistic investment strategy.

What you're talking about is a common phenomenon in alternative asset markets like Bitcoin: the politicization of assets for electoral gain. Politicians, especially those who see opportunities in the crypto community, will undoubtedly capitalize on this momentum to expand their voter base. However, it's important to remember that any policy issued by powerful figures, such as Trump or other leaders, can be a double-edged sword—it can drive prices up or trigger a sharp correction. As long as the market views political power as the primary factor in determining Bitcoin's fate, volatility will remain high. Therefore, Bitcoin holders need to learn to focus not solely on political figures but also on developing adaptive and independent investment strategies to avoid being trapped in power plays.

Thank you for your submission. But I'm just curious: did you report these posts to the moderators? They are obviously AI-generated posts but have not been deleted. I reported these posts and 4 additional ones they wrote afterward. They should be nuked any time now...

Your statement about converting to BTC makes perfect sense from a short-term profit perspective, especially when the price is breaking all-time highs. BTC, with its primary appeal as the most established and dominant digital asset in the crypto market, offers a relative sense of security against market fluctuations compared to other altcoins like Monero. However, it's also important to remember that past performance doesn't guarantee future results. Monero has unique value in terms of privacy, which could become a valuable asset in the future depending on regulatory dynamics. So, while converting to BTC seems profitable now, the final decision still needs to consider personal risk preferences, the functional value of the assets held, and long-term investment goals. You're right, if profit isn't a priority, delaying isn't a bad decision—it all comes down to personal context.

Your statement about converting Monero to Bitcoin (BTC) and the potential for 100% profit right now really caught my attention. If profit generation is your top priority and you're confident in BTC's momentum, this is certainly a valid decision. However, every investor has unique goals, right? Are yours purely for short-term speculation, or do you have a broader vision for your crypto portfolio? This question is crucial because it will determine whether you should immediately secure these profits or consider Monero as a strategic part of your long-term plans.

I really appreciate your realistic and thoughtful perspective on memecoins. The "penny change" approach to a potential "good dinner" is a smart and grounded strategy for navigating this highly volatile asset. You're right, popularity within the community can be a driving force, but its fundamental nature as a "shitcoin" cannot be ignored. Your predictions about a Binance listing and its consequences, including potential regulatory attention, are also very prescient. It reminds us all that even amidst the euphoria, extreme caution is still required when investing in high-risk assets.

Your observations about memecoins are astute: they're popular yet speculative, even high-risk. I appreciate your honesty in calling them "shitcoins" while also seeing their potential as mere "dinner money." This is an interesting perspective and demonstrates a deep understanding. Considering you're only investing with "spare change," it's important to understand whether there are other factors besides the potential for small profits that are drawing you to these memecoins, such as participating in an internet cultural phenomenon, enjoying the unique community aspect, or perhaps simply as a form of entertainment in your portfolio. Your predictions about the Binance listing and regulatory attention are crucial points worth pondering, adding another layer of complexity to this evolving market dynamic.

I go advise newbies to just show up no matter how you feel about other users comment. Try login forum everyday if you fit make you dey learn some things from older members. My motivation when I be newbie na my first merit as I get am I come get more confidence to dey engage more for the forum na so I take reach this rank I dey today.

What people need to understand is that whether they accept it or not there is no getting there funds back so it is better to understand were the mistake is coming from  and then work on it and this are just ways to get better because for those that that are always failing because it seems they want to always make money and there is no way that it's going to work that way.

And when you watch short video on social media about trading most people lose money and the next thing they try harder that is what mature traders do. Trading is something that can even lead to depressing cases but you dont have to let your self down just because a little loses and this why sometimes they are always comparing trading to gambling because they will break your heart, because both of them when you lose money there is no way you are getting them back. So the good thing will only be when you lose money then you should try more time that is the only thing that makes it more interesting.

Memecoins has a low growth rate and potential when it comes to investments this is one reason why crypto currency investment advisors will always encourage people to invest in Bitcoin and not invest in memecoins as it's not reliable and not investment friendly because they don't grow fast over a time frame.


Bitcoin is investment friendly due to the fact that it grows fast in a short time prioritizing Bitcoin will be a helpful to anyone who is interested in crypto related investments as it gives profit to investors

I have had arguments with people concerning this topic, because they feel that with more capital they will be profitable, and I certainly believe that even people in this forum fell so too, and that has totally changed your mindset and willingness to learn.

First of all trading is not just all about money, although our initial aim is always to make money from trading but when you are now into the game you will understand that there is more to life than just money. Everybody's mindset is either positive to them or negative. Imagine having a $50 account and you blow it, what makes you think if you have a $50,000 account you will not blow it, the only difference between these two accounts is the time taken to blow it as long as you don't have the required knowledge to manage them.

It is even much better to test your skill and to straighten your emotions and psychology with a small account and after that purchase a prop-firm.
if you have the required knowledge no matter the amount of capital available you will be able to handle it and grow it but when the knowledge is not there no matter the capital will be able to blow it.

People that grow $10 to $10,000 are still humans like you but knowledge is the difference.
Don't just chase money, chase knowledge as priority, that's why I said trading is not all about money.

As we have growing number of newbies coming into our local board and from Nigeria at large, i come see say the need to create a topic as regards to p2p privacy consciousness become highly important for us to start a topics like this, since we know how the hustle for privacy and to avoid p2p/governments problems and the safety of our bitcoin assets, as we all are aware about the cryptocurrency climb down in Nigeria and how political it has become to holdin recent years.

For over a long period of time, in the crypto space, we, I have experienced alot as regards to how best to exchange our bitcoin assets into Naira, best form of p2p is through physical contact but yes that comes with it own security dangers, so online p2p platforms like remitano which seems to be one of the oldest means of carrying out p2p transactions online happens to be the most less demanding in terms of kyc demands to carry out a p2p transactions on their platform, most especially for the small transactions up to $1000.

I also know that, there are others who have similar privacy enhancing kyc procedure as p2p exchange, but i decided to mentioned only remitano, but you all are free to add your best privacy enhance p2p exchange in Nigeria, at least for a forum newbies, since what you require to exchange your naira to dollar's is just an email/phone verifications for level1 accounts,it sound privacy enhancing enough for p2p to be recommended for forum newbies not to expose entities all in the name of trying to carry out p2p transactions.

Newbies read learn, in this industry, your privacy is the key to you safety, so take it with all seriousness, cryptocurrency space is flooded with both the good and bad so your data and asset remains your most protected assets in the cryptocurrency space so guid them carefully.

                                                                                  Welcome: Newbies and OGs can learn from this also.


Please drop your contributions and recommendations on the best privacy enhancing cryptocurrency p2p platform in Nigeria/Africa, in this thread.

Without any intention of glorifying wrongdoing, even those involved in illicit activities to earn money or count on success do not achieve that overnight. Most successful fraudsters today had an history behind it. From how they started little by little until they grow big in the business. Likewise politicians and every other individual across all works of life. Sometimes, I want to believe that having the opportunity to be in the right place where opportunities meet you is also not a day job.

With that being said, it is even more tedious and difficult to thrive in an environment of excellence, prudence and positivity, where they work to become successful involved in the right trades and businesses and to grow in the process. Absolute breakthrough is even more difficult in uncertain economic environments like ours, to achieve success due to the fact that the economic environment can either ease doing business or make it more difficult. So whoever is thinking of becoming successful without putting in the work, time and effort, is only delusional and myopic about their perspective towards success.

This one na good development, make we see how far it can go, in jailing the ponzi schemes fraudsters we d find Naija as a smooth sail for them to scam and go, without the government of the country coming after them.

At least this new rule go put fears for body, for all those Ponzi schemes promoters. Them go now the think twice before scamming Nigerians. No be for them to scam Nigerians and get away with it, them now begin to think sae naso the country d, no government agency to question them or gets them arrested.

My follow countryman i greet una  just say make i dope una this thread on how e take play, i gust from my topic it has said it all, this really got my attention when i saw the headlines the first thing that cross my mind was, why are people still foolish? I just related this post to most of our Nigerians false religion leaders how they use the name of God to collect assets and there build names and net worth all in name of giving ,to me i would say be extremely careful with the type of seed you sold, because most of them oftenly use this words "come and sold a seed to God"
 Back to the thread this U. s pastor steals $1.3million
From church members
I seriously wasn’t surprised at all about the story of the pastor stealing millions of dollars from his congregation. Someone turning the religious symbols as a tool rather using it as a way of life, because this has happened far too many times in cities and even countries. They are fully aware that there is hope for a lot of people and they use it. But what irks me more is, it’s not just the pastors who are doing wrong things, what bothers me is that so many people are willing to give everything without asking.

This has nothing to do with not believing in God, but too many people are offering up there common sense too. In my opinion, faith doesn’t need any greedy intermediary. Do not allow someone to mortgage your future by the guarantee of instant blessing. You could never need big stage to show honesty. Giving should be from a clear heart and with freedom of thought and not borned of fear or coercion. If you are told they require money to do miracles then you know the answer.

Many things have changed in our society. I observed that the virtue of hard work is dying because we have been taught by society that we have options to make money from quick means.

You spoke the truth that we now have many other sources of income that the Internet has opened us up to. But to be sincere, online gambling and G have affected the behaviour of our youths.

Now ritualists, organ harvesters ,kidnappers, are now becoming people's full time job. Meanwhile, fifteen years ago, Nigeria experienced such crimes occasionally. So I might conclude that these youths that was supposed to be in workshops are now on the street doing many illegal jobs.

There is only one president of Nigeria that retired back to farming and currently, he is happy. His name is Ex-president Olusegun Obasanjo. His farm at Otta, Ogun state is one of the biggest farms in Nigeria.

However, he has been a farmer for a very long time even before he became a president of Nigeria. Farming is a lucrative business but do you expect the youths to ignore the digital world and embrace hoe and cutlass. I don't think so, let those who can farm go into farming but the government is not supportive to these farmers in providing them with seeds and fertilizer to encourage them.

Politics don enter everywhere for even religion now politics don enter am, if you Dey church and u Dey look for position, as long as you get your money, then dem go give you d position even if you are not the right person to be in the position, Wetin Dey pain me pass now be say even religious leaders now na money Dem dey after, you go see religious people Dey put mouth for country politics matter, dem go Dey encourage people make dem vote for person, because dem know say if d person win, dem go benefit from the person, even if d person no be the right person.

Some crypto assets are to be seen more as gambling token because of how their future tends to be, a speculative future that you’re still wondering whether the token will succeed in the long time or not, when trading such tokens, it’ll make one refer to crypto as gambling. With the way bitcoin has evolved over the years since the time of its inception, one cannot want to argue so much about it being seen as a gamble coin or even a gamble investment. History keeps repeating itself and thereby putting Bitcoin in a very conducive option when it comes to investment in cryptocurrencies.

Trading may be seen by some people as gamble also because you’re the one deciding where you think the  outcome of the trade will be, and when you are able to predict it well, you can win big in it or otherwise lose your money. Trading involves high skills, so I want categorize it as such because it has helped in many ways that makes it a dependable option for those that have the right knowledge about it. To my own understanding, trading should only be referred to as gambling if the trader has no knowledge of trading and risking to see if he can predict the market well. That pure gambling without trading knowledge and it should be avoided.

They will have no option than to follow what is going on. More countries will likely have bitcoin in their national reserve and Nigeria will one day consider that.

But we need youths that are crypto enthusiasts and crypto enthusiasts to be in politics and power because this can hasten it.

About where you posted that fintech may later integrate bitcoin and make it available on their platform, I think we still have a long way to go because the our government will still see it as an asset competing with naira and not allow that. Although, bitcoin is not a replacement and cannot compete with naira.

I don't know if this is helpful to many people here but respectively we have particular CEX we've been using since Binance stopped P2P as a result of what is going on between Nigerian government and them. All this CEX mentioned all requires your personal informations through KYC verification. This procedures gives your data to the platform where who knows can be compromised, advice is that you don't need too many CEX, since we already have what we use, there is no need of registering for another, learn to maintain privacy.

In the past, most Nigerians youths believe that there is no way to make good money legitimately online, so there focus was on the illegitimate means of getting money online, you understand what I mean, so for that, there was a black image and spots on the legit naija Hustler who are skillfully engaged with remote jobs, and seeking more roles in big tech companies, but gone are those day, Nigeria youth are now doing greatly on global space and engaged in cryptocurrency related job, take this forum for example, Nigerians are among the best quality posters and our energy can be seen in the way we handle the local board and the recognition we have gotten though far

Senior man, no reason am too much, e fit really be say true true baba no know say local board dey, but thank Goodness say las las him identify with him naija people, at all at all nai bad pass. With the way I dey see the person profile self, e be like say no be consistent person, him just dey go OFF and ON, him no really steady, so his excuse of not knowing might be genuine. Your last line na be watin him need to take cognizant about, make him just be a good ambassador of the naija people, make him also dey contribute positively too for the local board, make him presence dey felt.