Search content
Sort by

Showing 20 of 84 results by abaeze
Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
abaeze
on 26/07/2025, 11:09:14 UTC
Even 15 years ago, we only thought based on assumptions and research that how a new technology affects people and how people accept it, but those ideas are now being implemented in reality, especially in the crypto ecosystem or in the case of Bitcoin, various large corporate business organisations, investors and ordinary users of the world have entered a game and are following each other, and this decision is gradually making Bitcoin more acceptable to the common people and making Bitcoin a pioneer.This is called game of theory where one person's decision affects another.

Now new investors have learned how small investments can become large at a time.They have also understood that they have to take risks consciously and not by imagining, and not a large part of their income or bonus, but that part is investable, which if lost will not disrupt their lifestyle. Now they have also understood that investment is never a matter of emotion, but it is a matter of planning. Many people may still be regretting why they didn't invest in Bitcoin two-three years or five years ago. My advice to them is that now is the time, buy and keep buying, be patient, one day you will get good profits from it and BTC will become a future asset.
New investors still needs to diversify and stay informed because it’s crucial to managing risk effectively. Most of the no coiners have regretted heavily of not investing long time ago, they should know that regret over missed opportunities is common in life. They should see now as an opportunity to start there investing journey, focus on the present and future because will keep rising and other cryptocurrencies.
I'm don't agree with you if you mean new investors should try their hands on different things, focus is the key to success, a new investor should concentrate on bitcoin investment and not bother themselves with altcoins because most coins out there are nothing but shitcoin and are a sure guarantee to lose money if they are invested into, most times mistakes like this are why some people don't invest in bitcoin, they lose money to a shitcoin and they decide that bitcoin is like that too.
So to any newbie to investment out there, invest in bitcoin and do this investment with your discretionary funds only, this way you can avoid making financial mistakes.
Some people are misinterpreting my statement here and misunderstood it because they did not read the whole thing carefully or what I wanted to say and what you understood are completely opposite. I did not say anything about investing in altcoins here, but rather clearly said "Buy and keep buying, be patient" and later mentioned the name of Bitcoin and advised to buy only Bitcoin. My message was to encourage newbies to bring awareness, patience, and planning to their investments and that is only based on Bitcoin. I did not say anything about altcoins, diversification or shitcoins, so please read the entire thing carefully before commenting. Thank you.
Post
Topic
Board Nigeria (Naija)
Re: [Request] Report Unmerited Good Posts Here. OPEN
by
abaeze
on 26/07/2025, 01:16:29 UTC
Reserve
Post
Topic
Board Speculation
Re: Buy Buy Buy or Sell Sell Sell?
by
abaeze
on 25/07/2025, 02:13:01 UTC
Even 15 years ago, we only thought based on assumptions and research that how a new technology affects people and how people accept it, but those ideas are now being implemented in reality, especially in the crypto ecosystem or in the case of Bitcoin, various large corporate business organisations, investors and ordinary users of the world have entered a game and are following each other, and this decision is gradually making Bitcoin more acceptable to the common people and making Bitcoin a pioneer.This is called game of theory where one person's decision affects another.

Now new investors have learned how small investments can become large at a time.They have also understood that they have to take risks consciously and not by imagining, and not a large part of their income or bonus, but that part is investable, which if lost will not disrupt their lifestyle. Now they have also understood that investment is never a matter of emotion, but it is a matter of planning. Many people may still be regretting why they didn't invest in Bitcoin two-three years or five years ago. My advice to them is that now is the time, buy and keep buying, be patient, one day you will get good profits from this and it will become a future asset.
Post
Topic
Board Nigeria (Naija)
Re: Bitcoin price hit $150k by December
by
abaeze
on 25/07/2025, 01:57:29 UTC
Bitcoin has been known for it fluctuations in nature even since it was invented, and many folks has still been hitting it big in there various long-term plans despite  it up and down state.

In recent time the price of bitcoin have not be doing badly (in early to late July the price of bitcoin was about between $115,879.7 and $119,955.Cool, and we are still keeping our fingers crossed  waiting for better expectations ahead, however, with the current price of $118,629.1 as of 24th July 2025, I can bit my chest to announce to you that  bitcoin price could be hitting a sum $150,000 or more by December.

Do you think is possible? 🤔
Possibility 90% because large and popular corporate company's favourite and the asset that gives them more profit in less time is called Bitcoin. Not only that there are many companies that are giving various advantages to directly use this as a currency so if continue the trend then it will happen sure no doubt about it. Let's see and observe the Bitcoin vibe.
Post
Topic
Board Nigeria (Naija)
Re: The processes to prevent scam.
by
abaeze
on 23/07/2025, 12:53:58 UTC

 It is very important to set aside greed if you don't want to be scammed by scammers because greed makes every offer look real and gives the impression that one doesn't need to miss the opportunity.

When some people come across a scam, their instinct tells them it may be a scam, but they have the confidence to take a step to try what it is all about, thinking that if it is eventually a scam, they will be able to run from it. However, in the end, they still get scammed.
You're absolutely correct. And the problem with some of these folks is that they wouldn't even acknowledge their actions as being greedy, they'd rather see themselves as people who are taking risks. I have a friend who is so deeply into Ponzi schemes, he'd always jump at every single earning opportunity without first conducting an extensive research to know whether it's actually legit or not, and when he's asked, he'd say that he is simply taking risks and that life is all about risks, that's usually his comment when you try to talk to him about the dangers of his actions.

That's basically correct, I also have friends who do these ponzi, but in my case they are aware of the fact that these are scam but also with the knowledge that it pays off for the first few persons so what dey do is dedicate their time to catch some of these ponzi schemes early so they'll get payed and exit the platform immediately. To be honest they have been doing great but there are also times we're after they put in their money the entire system crashes, but when I ask they always tell me that they are still in profit irrespective of their recent loss. Well I've not been a fan of these kind of things being aware of the fact that it's scam and will crash someday.
I have a friend who invested in such a Ponzi scheme and told me to invest there too but when I told him about these things that these are scam projects then he told me that this is not really a long term investment it is a short term risk if I make some profit from this platform I will get out of this platform but later it was seen that although he made profit in the beginning due to his excessive greed he invested more money there and later it vanished. Although later he did not talk to me about this matter because I made him aware earlier. Actually those who are involved in these things even though they see it as an investment I think they do it out of gambling addiction because they know that it can be a scam in the future.
Post
Topic
Board Bitcoin Discussion
Re: The new era of Bitcoin '25 begin with square
by
abaeze
on 23/07/2025, 12:18:01 UTC
Many people may misunderstand the headline, but that's not the point. I actually wanted to explain that Square has made everyday transactions usable and easy for ordinary people by using the Lightning Network, which is a new direction, i.e. a new way of Bitcoin transactions. Sometimes, people misunderstand because the presentation of words and the content are different, because I am not promoting Square or the Lightning Network here, but rather I am talking about presenting the easy use of Bitcoin to ordinary people. I wanted to explain a new chapter in practical terms, not about technological innovation.
If it's about payment processor who accept Lightning Network, those payment processors already accept it before Square did it.

1. https://confirmo.net/product/pos-terminal
2. https://pilsenga.com/payment-processor/
3. https://www.tryspeed.com/
4. https://opennode.com/

There also many places accept Lightning network too https://acceptlightning.com/

What people highlight is it the first company who implement lightning network in payment processor? if it's not the first company, why they get highlight?
Because many large companies have more media coverage and its owner was also the co-founder of Twitter, any of their activities or any steps are highlighted in the eyes of the media and investors, the media pays more attention to their steps, especially when Cash App allows millions of users to transact Bitcoin through the Lightning Network. In reality, although there are many LN projects, how it will actually be used depends on the company's infrastructure and marketing, and in this case, both this company and the co-founder of this company are successful and they speak in favor of Bitcoin's decentralized technology, so this huge user base and media coverage work in their favor.
Post
Topic
Board Bitcoin Discussion
Re: want to know btc in the future.....
by
abaeze
on 23/07/2025, 11:17:57 UTC
But will BTC trading be possible in the future, similar to daily trading? I think this is worth discussing... Smiley
Now some large companies have created various features such as: Coinbase and Binance exchange offering Perpetual Futures and Margin Trading on their platforms. These trading options allow users to trade 24 hours a day. These facilities are more active and profitable than daily trading although the risk is a little higher. Also hundreds of trades can be made a day through Bot trading. As a result, trading is now very accessible and can be run 24/7.  

Recently a Fintech company Square - Starting from providing financial tools for small and medium businesses, it creates a system for accepting digital payments for merchants that allows people to exchange Bitcoin like money very quickly and very easily. So if we think about these things a little better, we will see that the people of the world have now started accepting Bitcoin, no matter what the government says, in the near future, this acceptance of people and the massive liquidity of Bitcoin will force the government to fully support Bitcoin and as a result, Bitcoin trading will become a common daily task of daily life that can be done anytime, anywhere, standing or sitting through mobile.
Post
Topic
Board Bitcoin Discussion
Merits 2 from 1 user
Re: The new era of Bitcoin '25 begin with square
by
abaeze
on 23/07/2025, 09:19:43 UTC
⭐ Merited by pooya87 (2)
The co-founder and the most important spokesperson of Square's Jack Dorsey has confirmed that, Square to allow merchants to accept Bitcoin native transactions from today. And he also said, "bitcoin was built to be used: open, decentralized, resilient. Current tax rules make buying a coffee a taxable event. we wrote a little something - it’s time to make bitcoin everyday money."
You seem to don't understand that Jack Dorsey and Square can not do anything with tax policy from the governement, now and in future.

Quote
Square is now using the Cash App and Lightning Network to support Bitcoin as a currency, and through this, it is offering POS machines to make Bitcoin a truly native transaction. This is great news that Bitcoin is now a currency and the biggest advantage is that transactions that used to take 10 to 30 minutes can now be completed in seconds.
Another thing you misunderstood, that Jack Dorsey and Square did not innovate anything new, according to the news and your post, that they only use Bitcoin Lightning Network that has been here for several years since 2017. There are many applications that accept Bitcoin Lightning Network, not only Cashapp.

The transaction time of Bitcoin Lightning Network is faster than Bitcoin on-chain (with an average block time is 10 minutes), but it is not kind of technical innovation from Jack Dorsey and Square.

There are Bitcoin sidechains which are followed in Sidechain Observer - Bitcoin L2 Projects & current state of development.
Many people may misunderstand the headline, but that's not the point. I actually wanted to explain that Square has made everyday transactions usable and easy for ordinary people by using the Lightning Network, which is a new direction, i.e. a new way of Bitcoin transactions. Sometimes, people misunderstand because the presentation of words and the content are different, because I am not promoting Square or the Lightning Network here, but rather I am talking about presenting the easy use of Bitcoin to ordinary people. I wanted to explain a new chapter in practical terms, not about technological innovation.
Post
Topic
Board Bitcoin Discussion
Topic OP
The new era of Bitcoin '25 begin with square
by
abaeze
on 22/07/2025, 23:07:29 UTC
The co-founder and the most important spokesperson of Square's Jack Dorsey has confirmed that, Square to allow merchants to accept Bitcoin native transactions from today. And he also said, "bitcoin was built to be used: open, decentralized, resilient. Current tax rules make buying a coffee a taxable event. we wrote a little something - it’s time to make bitcoin everyday money."

Square is now using the Cash App and Lightning Network to support Bitcoin as a currency, and through this, it is offering POS machines to make Bitcoin a truly native transaction. This is great news that Bitcoin is now a currency and the biggest advantage is that transactions that used to take 10 to 30 minutes can now be completed in seconds. If these benefits are truly available, will the new era of Bitcoin begin around the world and Can this system really take Bitcoin into a new era!?
Source
Post
Topic
Board Nigeria (Naija)
Re: Today's puzzle
by
abaeze
on 22/07/2025, 20:05:13 UTC
Good evening LB I have a puzzle I wrote based on something I've experienced in the past anyways without further ado... Let's get to it...

You love art and decided to buy an art and also pay for something else the two payments are A and B. Now for Payment A you Sent 0.2BTC from your main wallet to Mr A selling the art and you set a moderate fee. While for Payment B you Sent 0.05 BTC from the same main wallet to Mr B for a commission and you set a slightly lower fee than Payment A because it's a smaller amount.

What I understood by analyzing this part is that here you have a BTC transaction from one main Bitcoin wallet to two wallets and A= 0.2 BTC and B= 0.05 BTC. For A transaction, A has a medium fee and B has a comparatively lower fee than A.

You do both payments one after the other and your wallet immediately shows both Payment A and Payment B as pending. After an hour you refresh your wallet Payment A is still pending but Payment B is gone It's no longer in your pending transactions list and  it is not your confirmed transactions or balance.


From here it is understood that two payments were sent but the payment is showing pending and after an hour payment A is pending and payment B is not showing anywhere.

After refreshing your network on your phone the 0.05BTC you tried to send for Payment B reappeared in your wallet balance making it look like it was never spent You're a bit confused thinking probably there was a network glitch. Then you resend Payment B with a higher fee than before and it says pending immediately.


From here it is understood that payment B was canceled from the mempool due to low fee but after refreshing it is showing again in the balance, so due to confusion it is sent again with a higher fee but it is showing pending again.

After an hour You check again.
Payment A is still pending
The resent Payment B is also still pending
Your wallet balance still reflects the 0.05BTC for the resent Payment B as if it's still available even though your wallet says pending. Suddenly a new block is found and confirmed on the Bitcoin network and your wallet syncs up.


After an hour, both payments A and B are pending. Due to the lack of transaction confirmation in wallet B, the balance shows 0.05 BTC, which means a new block is mined, as a result, payment A and new payment B are confirmed, and the transaction is shown as complete, and by checking the balance, it can be seen that the total amount that was supposed to be spent has been spent.

Payment A is now confirmed It's in the new block, the resent Payment B is also confirmed It's in the same new block as Payment A and your wallet balance correctly updates showing both 0.2 BTC and 0.05BTC as spent.

Explain what happened along every point in the story. Pls be direct and DON'T USE AI
So, now if I put the whole story together, it can be summarized that if I choose a low fee when transacting BTC from one main wallet to others multiple wallet at the same time, the transaction may be removed from the mempool occasionally or frequently, although the BTC remains usable until confirmation arrives, but if i retransact with the appropriate fee, it is confirmed and added to the block and the wallet gets the correct confirmation.
Post
Topic
Board Economics
Re: Investment is for everyone
by
abaeze
on 22/07/2025, 19:01:46 UTC
The real reality is actually different, everyone wants to invest but some can't. In fact, the problem of many is money, while the problem of many is desire, and the problem of many is overthinking, basically only those who have patience and knowledge can invest successfully. There are many people who have money but don't actually understand what they will invest in or what they will invest in. In that case, they don't really know which one would be better to invest in, which means they lack knowledge. And some people are like this - they have little money but delay until they have more money, they will invest on the day they have more money, later it turns out that they can't invest anymore. So without overthinking, you can start investing with a very small amount of money by focusing on one thing and selecting one thing. Later, there is no problem if you increase your investment gradually, the biggest thing is to start first.
Post
Topic
Board Nigeria (Naija)
Re: What is no more in the Crypto Space?
by
abaeze
on 22/07/2025, 08:11:09 UTC
I miss Airdrop, Bounty now because I earned my first income from cryptocurrency through this project. I did a lot of Bounty and Airdrops before and at that time Bounty Detective campaign manager was very good and I used to work on his campaign regularly. I did Airdrops of many good projects and they paid properly and some were scams. However, due to the widespread spread of Bitcoin and people's adaptation and awareness, people now want to invest in long-term and safe assets and Bitcoin has been able to provide solutions and trust to these issues. As a result, people do not do that Airdrop, Bounty in the past so much and with time, people have now started trading, gaming and investing in Bitcoin for the long term.
Post
Topic
Board Economics
Re: Everything you wanted to know about Bitcoin Strategic Reserve
by
abaeze
on 21/07/2025, 18:31:01 UTC
SEC Chair Paul Aktins says "it is encouraging" to see public companies adopt Bitcoin & crypto as treasury reserve assets


Source
Post
Topic
Board Nigeria (Naija)
Merits 2 from 1 user
Re: Hodling your savings in naira na total loss.
by
abaeze
on 20/07/2025, 19:40:35 UTC
⭐ Merited by Igebotz (2)
It is a very sad fact that this is the reality. Now, to get rid of this, one must have a long-term plan. 30% drop in the value of the Naira every year means devaluing the currency, so to avoid this loss, everyone must have a long-term plan and Bitcoin can be a ray of hope for long-term planning. If someone follows a specific strategy from now on and saves 20% or 25% of their income in Naira every month in a stable coin (such as USDT), then the real value of their Naira will be preserved and later they can buy BTC with it and if they save in this way for the long term, where the bank is losing 30% in five years, by depositing 30% through the DCA strategy, after 5 years, the portfolio will be ---


NOTE: Bitcoin price can increase and decrease over time

This has been done by keeping the value of BTC fixed, but the value of BTC will definitely increase in five years and it may be that its value will increase to one million, then think about your wallet. So, without wasting time, we should buy and hold BTC effectively for the long term right now.
Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Buy the DIP, and HODL!
by
abaeze
on 20/07/2025, 16:34:44 UTC
⭐ Merited by JayJuanGee (1)


74% of Bitcoin is now in the hands of long-term holders, which is the highest in the last 15 years. No one is selling. This is actually very pleasing to hear and encouraging for those of us who have been involved in long-term investments for a long time and we have been discussing this topic here for a long time. We will definitely see a good portfolio in our wallets in the future.

Source
Post
Topic
Board Bitcoin Discussion
Re: The real reason why bitcoin can't be stopped
by
abaeze
on 20/07/2025, 15:28:19 UTC
Although Bitcoin is a digital currency, it has become a great revolution in the current world due to the adaptation of people. This revolution will continue to grow slowly and whoever tries to stop this revolution must come out in the open and those who control the economy of the whole world, hiding their identity in secret, will definitely not face this revolution and even if they want to, they will not be able to prevent it from behind because it is decentralized and if they do this, their identity will come out in front of everyone. Bitcoin has shown people the dream of freedom, the dream of living as they wish, so it is gradually becoming more powerful and nothing can stand in front of this power. However, one fear always remains since the Bitcoin supply is limited to a total of 21 million and if most of this specific amount of digital wealth goes into the hands of someone, it will definitely be a bit weak for those who want to establish their kingdom in the whole world. But to be honest, you will get a combination of fear and apprehension from me towards Bitcoin.
Post
Topic
Board Economics
Re: Everything you wanted to know about Bitcoin Strategic Reserve
by
abaeze
on 19/07/2025, 20:53:29 UTC
#Bitcoin was over 30 years of work. Bitcoin is not just a technology—it is the triumph of decades of cypherpunk movement, cryptography skills, and the relentless fight of dreamers.




https://x.com/BitcoinMagazine/status/1946659328460476869?t=b5QXbSyzv0yP2TYqvq3Yqw&s=19
Post
Topic
Board Nigeria (Naija)
Re: The True Measure of Success in Every Investment.
by
abaeze
on 19/07/2025, 20:11:52 UTC
The combination of knowledge and achievement is true success. If someone has knowledge but cannot achieve anything through investment, then he has a lack of knowledge. On the other hand, many people have capital but are unable to invest due to lack of knowledge. Investing is a journey, where every profit and loss, every strategy, and every market situation teaches us what to do and what not to do or what to avoid. 90% of people determine the success of an investor by looking at the return on investment, the size of the portfolio, and the financial gain. But I believe that in reality, the success of an investor lies not only in numbers, but also in the knowledge, experience, and decision-making skills he has acquired. Many of us have seen a billionaire recently lose an estimated 40% of his total wealth by investing in NFTs, so we can see that someone can lose it due to mismanagement even if he owns a huge portfolio. On the other hand, someone can build a huge empire from scratch based on experience and foresight. So, we should evaluate not only financial results but also experience, knowledge, and learning mindset in our investment decisions.
Post
Topic
Board Nigeria (Naija)
Re: Which require more attention?
by
abaeze
on 19/07/2025, 17:56:42 UTC
This depends entirely on the needs, lifestyle and taste of each person. In that case, it will be seen that many people prefer city life, while many people prefer to live or build a house in the village or the place where they spent their childhood. However, according to the need, you should first understand which benefits are available where, for example: - People in the city are more assured of global connectivity, ease of technology, economic security, career growth, better education, medical facilities than in the village.

On the other hand - in the environment of rural life, there's
safe shelter for the future (in old age), peace of mind, peaceful life in close proximity to nature and the cost of living in the village is lower than in the city. There are also some disadvantages. For example : limited employment and modern facilities, lack of long-term economic prospects. Medical, educational and emergency service facilities have become less than necessary in some villages or rural areas.

The problem is not only in the villages, there are many types of problems in the cities as well, such as: lack of time, mechanical lifestyle, lack of natural environment, low stability of life, mental stress, being away from family, all of these are closely related to the people of the cities.

Eventually, in the cities we have to work to earn a living, but in the villages we have roots and our birth-identity, honor and dignity are intertwined with it. For my position in life and future security, prudent investment in both areas is essential. If you get one, you understand the lack of the other, if you get both, you don't understand the lack of either. There are two things needed in life, so it is wise to gradually improve both areas as needed.
Post
Topic
Board Economics
Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’
by
abaeze
on 19/07/2025, 09:08:07 UTC
But people outside the firm do know who they are.For starters, Strategy has repeatedly cited its “various custody arrangements”—there is no one exclusive custodian that’s holding onto its nearly $72 billion worth of BTC on the company’s behalf. A spokesperson for Coinbase confirmed it is one of Strategy's custodians when asked by Decrypt—but stressed that MSTR has previously named Coinbase as one of its custodians.
https://decrypt.co/330556/coinbase-custody-strategy-bitcoin-who-does

Since Strategy uses custodians regulated and licensed by NYDFS and these companies are very limited all over the world, I think that if they implement different rules in the future under the pretext of security, it will interfere with the freedom of Bitcoin. Because so far NYDFS (New York Department of Financial Services) has given this license to only 9 companies, among them are the names of BitGo, NYDIG, Gemini, Fidelity and Coinbase.