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Showing 20 of 127 results by dderekwalcott
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Board Speculation
Re: Buy the DIP, and HODL!
by
dderekwalcott
on 09/07/2025, 18:05:21 UTC
Even now is still early for anyone to start Bitcoin investment because the price is appreciating more and more, so anyone who starts now or before now starts on time because time coming we will be on another phase of Bitcoin which people that didn't invest or who will not invest now will regret dearly. And the funny thing here is that it is possible to still  invest early and still regret it reason because of the mindset and target of an investor, there are people who will invest now and won't hold for a long time sometimes due to little profit they will sell or due to lack of preparation because it is not just about starting early but about preparation and determination to hold for long time because that is when you can get something beneficial or something tangible.

I think Bitcoin is the best choice for those of us who want to invest. How our future life will be is very important, so we need to save for our future, and in this case, buying Bitcoin is enough. If we buy Bitcoin little by little, one day it will be a lot. There is no problem even if we hold Bitcoin for a long time. You cannot hold any grain or any other product for 10 or 20 years if you want. Because the grain will be spoiled or the demand for the product may decrease. Because the world is becoming digitalized. Innovation is taking place in people's needs. So we buy ourselves and encourage others to buy. I believe that Bitcoin will rule this world one day.

Reviewing the history of Bitcoin, we can see that it is a high risk, limited supply (only 21 million) and intangible but highly profitable electronic money that has been established as an alternative currency in the current world of economic uncertainty and inflation. But this does not mean that investing here will make you rich overnight and change the future. If someone invests with knowledge about digital economic infrastructure, blockchain technology, cryptocurrency and Bitcoin and understands how they work well, then this can be a modern and groundbreaking step, but if you invest not blindly but with awareness and a long term perspective, you can definitely expect something good from it. Many new investors enter thinking that "the price will only increase" and later sell out of fear of a sudden fall and face losses. Therefore, if you understand the risks, invest patiently and plan long term ahead, Bitcoin can certainly be a light of hope for them.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin investors will be the future wealthiest people.
by
dderekwalcott
on 09/07/2025, 16:05:57 UTC

Start your bitcoin investment now before the big whales, institutions, government and companies will make the price very expensive due to their aggressive buying and hodli. Traders beware of selling too many coins too soon, because the future millionaires and billionaires are bitcoin investors.

Before big companies aggressively buy Bitcoin, we should invest in Bitcoin regularly from our additional income sources. This will eventually create a large investment portfolio like the big companies and create a balanced market. This will protect us from those who rush to hand over Bitcoin to whales.
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Topic
Board Speculation
Re: Buy the DIP, and HODL!
by
dderekwalcott
on 03/07/2025, 16:42:27 UTC


It's shitcoinery, and like you, everyone should treat THAT as a form of "entertainment". That's the main purpose, but if you "win", then that's merely the side-dish. The main-course is merely the entertainment you get from participating.

Plebs should be careful though, and never use more than 1% of your total Bitcoin, and if you think 1% of your total Bitcoin is "too small", then don't gamble. HODL.

I want to agree with you on the fact that shitcoin investment should be treated as a form of entertainment/ fun because I have not been seeing guys wining from shitcoin investment lately, while the rate of shitcoin losers keep increasing just as it is in gambling. And Yes, i would rather stick to my bitcoin investment than to gamble with it, because the 1% of bitcoin we think is too small can double 3% to 4% or even more in the long run. Which is why I would rather hold the 1% of my bitcoin to double instead of gambling with it, as I don't know it's potential in the future.
Notice the difference between the thinking of ordinary people and millionaires. Let's say you have $1,000 worth of Bitcoin. 1% profit means only $10. Many people think that this $10 is not much, and if you use it to invest in shitcoins in the name of "fun", you may lose 100%. But if Bitcoin increases by 10% or more in a month, then your $1,000 will become $1,100 or more. In other words, if you HODL patiently, you can get more than 1% - without risk. But if you think about millionaires, they think this way - I have $1 million worth of Bitcoin, 1% of it means $10,000. If I HODL $10,000 and Bitcoin increases 3x or 4x, then I can get $30,000–$40,000 from this 1% without risk. Therefore, it is wise to hold on to it for the future, rather than gambling in the name of entertainment.
Post
Topic
Board Gambling discussion
Re: Can winning $50 make you incredibly happy?
by
dderekwalcott
on 01/07/2025, 19:06:58 UTC
It depends on my starting investment. If start playing only entry fees $2 and later earn $50 then happy but without any entry fees just only use free token and got $50 then feel like incredibly happy.
Post
Topic
Board Gambling discussion
Re: Is it due to skills or luck?
by
dderekwalcott
on 01/07/2025, 18:12:17 UTC
So the question is, can we still call that luck? Or is that already skill at work?
From my real-life experience, I have seen people become owners of cars and apartments overnight by gambling, and within a week, I have seen the same person thrown onto the streets, picking up cigarettes to smoke. That’s why gambling can never be called a skill, and skill can never be called gambling.

Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in the next decade
by
dderekwalcott
on 01/07/2025, 15:49:31 UTC
It would be appreciated if your views are given without being influenced by others considered reputable
I want to understand what people individually feel about this. Thank you.



Okay you can take it as a pessimistic POV but ever since the interest by government and institutions I feel we are losing on decentralization and privacy.
Don't get me wrong, I love to see Bitcoin price rising and adoptions but it's like the reason is rising is flawed. People joining for sometime now are only in it for the potential price increase and care nothing about a decentralized system.

It's subtle but it's happening, checked X during the exch shutdown and I saw many branding people that push for privacy as scammers. They were the majority.

We thought with all this news and mainstream many could learn about Bitcoin but no they barely know a thing.
We are compromising and giving excuse that it wouldn't get worse like the rise of KYC compliant exchanges or ETF approvals. But compromise is the first step before full acceptance.

Humans are political animals as they say, as long as there are group of people there must be politics. I'm sure this isn't different in the developers community.

Would government fold their hands and not try to make devs push a protocol that would favour them? I doubt, I understand we have miners and full nodes for checks and the open source process and peer review make covert protocol changes difficult. But we can't deny that Dev still have some influence (I used them as example since they are smaller in numbers).


I know we survived without government support and can survive without it but What are your thoughts on the direction we heading?


Let me start by answering your last question, I'm not saying this to disappoint anyone - I think the way it's going is really questionable how much privacy it will have in the future and the reason for that is the attempt of some whales to make more profit. The purpose for which Satoshi created Bitcoin and the current situation are almost the opposite. The real purpose of using Bitcoin is to protect your privacy and use it independently without anyone's interference. But KYC, ETF, big exchanges, AML rules are slowly going against the core philosophy of Bitcoin. I didn't actually tell anyone what it was for, I just wrote what came to my mind. Another thing, although I don't understand the technical aspects very well but as far as I understand that Bitcoin is open source - many people get worried when they hear this, but the reality is that very few developers actually write code. When political or financial pressure comes on one of them, such update proposals can come that, although they are carried out as "technical improvements", can destroy the principles of Bitcoin inside. We all know there is a full node or peer review, but how many ordinary users actually understand the update ? Most of them accept it blindly. So don't be fooled by the mere mention of "open source"—if we're not careful, one day we'll find that Bitcoin is decentralized on paper, but in reality, it's a puppet in the hands of governments and corporates.
Post
Topic
Board Bitcoin Discussion
Re: first half of the year done... bitcoin dominates
by
dderekwalcott
on 01/07/2025, 12:23:45 UTC
Even if Bitcoin's price collapses by 50% or 80%, there will be those who trust it as an investment asset, or the currency's value will increase over time, so confidence in it will not be lost.
Bitcoin's price rise of an average of 13% over this long term is not an indicator of confidence; the price has actually risen much higher.
It is still seen as an investment asset by 98% of people, but if it were used as a currency, no one would have to worry about how much its price increased or decreased.
Post
Topic
Board Gambling
Re: 🔥 Cave0x — The Ultimate Crypto Gambling Directory | Earn $2 for Each Submission
by
dderekwalcott
on 01/07/2025, 12:00:51 UTC
Are there any new projects being added to the bottom of this list?

There don't seem to have been new sites added for the past week or so.

When I check the list from the bottom-up , the sites are the same every day for quite some time now.

Hi! You’re right — we haven’t added new projects publicly over the past week because we’re currently focused on building our new website.
At the same time, we’re still accepting submissions from users and paying out as usual. The projects are being added to the list, but they’re hidden from public view for now because they haven’t been fully reviewed yet.
Thank you for your interest and for supporting our project!

What is your official website? I can't find it on Google and it comes up differently, because I also want to try to submit if it will be approved on your platform which is also related
to cryptocurrency.

It also looks good according to the comments I read here in the section topic you made Op that's why I asked you about these things so that we can also help
each other in the crypto community.

Thank you for your interest in our project!
Here’s our website: https://cave0x.com
And here’s our Telegram group: https://t.me/cave0x — where you can follow all the latest updates about our project.
There are 1299 projects but I couldn't fix it one because of huge options. It seems like there are all kinds of options here but it's hard to find them and even harder to choose one. I like to play but confused. If its features were a little smaller, I think it would be a little better for everyone who is new to it to understand.
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Topic
Board Bitcoin Discussion
Re: Study (River): 3% of the world population owns BTC
by
dderekwalcott
on 28/06/2025, 17:56:05 UTC
In this [Çurl=https://river.com/learn/files/river-bitcoin-adoption-report-2025.pdf?ref=blog.river.com]report[/url], only 3% of the world's population owns bitcoins. I'm not talking about companies and investment funds, of course. That's 240 million people as of 12/31/2024, some of them have only a few sats.

For comparison, Satoshi would have 4.6% of BTC and about 7.5% would be lost (estimate), a low estimate of 12% (while other estimates are around 28%).




There is quite a bit to read in this document, I have attached the table of contents.


It would be better to give an idea of what percentage of the 240 million users hold and what percentage regularly transact. This report shows that Bitcoin is still in its infancy. 3% usage is enough for me, although mainstream adoption is still a long way off. But in the next 2-3 years, adoption is expected to increase in binary format to this number. If only 3% of the world's population owns BTC, then just imagine how much the price can increase if it enters 10% later !! This could be an indication of Bitcoin's opportunity to become the "one word currency" of the future.
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Topic
Board Bitcoin Discussion
Re: With Trump Back in Office Can Bitcoin Finally Become a One-of-a-Kind Asset?
by
dderekwalcott
on 28/06/2025, 15:46:02 UTC

💬 I’d love to hear your thoughts:

    Is Trump bullish or neutral for Bitcoin’s narrative?

    Are we setting the stage for a U.S.-led crypto renaissance — or just more volatility with no structural change?

    Could this be the defining era that transforms BTC from speculative vehicle into a strategic macro asset?

In the current war situation, people are losing faith in the central and government economy. If Trump takes real action on his new pro-crypto stance, the world will see a geopolitical and economic change the likes of which the United States has never seen before. We have already seen some of these steps, such as: organizing the first “White House Crypto Summit”. Creating the Strategic Bitcoin Reserve and the U.S. Digital Asset Stockpile. On March 6, 2025, Trump issued an executive order ordering the government to hold infamous and criminally seized Bitcoin (about $17 billion) and other digital assets. Digital Asset Market and Call Setup and Launching the Trump Media & Technology Group’s Bitcoin Reserve.  [Information taken from online media]
It is hoped that this will make Bitcoin a neutral economic network, so that countries around the world will be able to consider BTC not just as a safe haven but as a strategic reserve asset, and this could be the turning point that will effectively establish Bitcoin in its true position in the global economy. So now it is time to find out - is the world finally ready to accept Bitcoin in its true form as a corruption-free, borderless, fiat-alternative financial system?
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Topic
Board Speculation
Re: Why does war always affect the price of Bitcoin
by
dderekwalcott
on 27/06/2025, 19:36:22 UTC
The biggest and main reason that seems to me is that people are afraid and people sell Bitcoin in need of cash. Since cryptocurrency or Bitcoin is a risky thing, they sell it.
When a war starts, people look for a safe side. Bitcoin is still a risky asset in the eyes of many. So when a war starts, people sell Bitcoin and buy dollars or gold. In such a situation, uncertainty in the market increases, then many people or big institutions want to withdraw money. So they sell Bitcoin. Another reason is that when there is a war, the stock market also falls, and Bitcoin often fluctuates with the stock market. So when the stock market falls, Bitcoin also often falls, meaning everyone presses sell options together and the price of Bitcoin rapidly falls.
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Topic
Board Bitcoin Discussion
Re: Is holding Bitcoin generally good?
by
dderekwalcott
on 27/06/2025, 18:50:47 UTC
Please take a moment to get my point before you conclude. I know a lot of people judge a post by the topic alone and if that is applied to mine, I might be sounding anti-bitcoin since selling is highly demonized by a lot of people in this community.

Now the question is, assuming everyone who ever bough bitcoin is holding their bitcoin in their private wallets, what will be the fate of bitcoin and the bitcoin network? Does holding bitcoin strengthen the bitcoin network? If no, are those who sell and more their bitcoin on-chain generally doing bitcoin bad?

I believe in holding bitcoin and I'm actually holding some quantity and still buying. But a greater part of me feels that there should be more to bitcoin that just buying and holding in private wallet to gain some profits. I believe that bitcoin will be much more beautiful if a good number of human populations are using bitcoin for their daily lives and have real testimony that bitcoin actually made their lives better. We cannot achieve that if we only encourage people to buy and hold, can we?

I don't know if I have sounded so pessimistic towards bitcoin. From the depth of my heart, I want bitcoin to gain more utility than it has, the reason I made this post to seek opinion if there are people actually thinking in this direction or the right way of thinking about bitcoin is only HODL.

If everyone thought like you, BTC's current position would be more active and stronger all over the world .
Bitcoin is not just a price chart and it is not just for holding to create assets but also for spending, earning, donating, paying and if we can do these things normally all the time then Bitcoin can become a true global currency .
None of us are against Bitcoin HOLDING . The future of Bitcoin depends on the "user experience", if we can buy goods with Bitcoin, send remittances, or live an unbanked life then this will be an effective, realistic step or attempt to make Bitcoin better. Satoshi's main purpose of creating Bitcoin was not just to hold Bitcoin but to use it as a currency, through which people can achieve true freedom and the main purpose of Bitcoin will be achieved .
Post
Topic
Board Bitcoin Discussion
Re: How can bitcoin be handy if WW3 happens?
by
dderekwalcott
on 27/06/2025, 17:05:55 UTC
Bitcoin Can Protect Your Wealth in Times of War

If you own real estate in a war zone, it can be destroyed or lose value quickly. With Bitcoin, you can leave your country and take your money with you, continuing your life elsewhere. For example, if a war breaks out in Europe, you could pack up and move to South America or Australia and still have access to your savings.

Another important point even during war, people continue to live, work, trade, and fight to survive. Local fiat currencies often collapse due to hyperinflation, and banks can fail. In such times, people turn to harder forms of moneytraditionally gold. You might have to pay in gold to be smuggled out of a war zone, to buy food, or to get fuel.

In today's world, Bitcoin is a much better form of money than gold. It has all the necessary monetary propertie scarcity, portability, divisibility, durability, and verifiabilitybut it's also digital, easier to store, and easier to transfer across borders.

That’s why with Bitcoin, you could buy many essential thingseven in a crisis. Bitcoin could help you survive to pay for safe passage out of a war zone, to buy food, fuel, water, and other necessities.


War can never solve any problem and cannot bring peace. I agree with you that we do not want war but peace. But if we look at the current world, it is more or less the same everywhere, the most affected aspect is the economy and there is no doubt that this will definitely cause inflation. In such a situation, if the banks collapse, then crypto can be a ray of hope and Bitcoin can be a safe haven for most. But everyone should keep one thing in mind, crypto or Bitcoin will be useful only where there is electricity and internet connection, but if the third world war starts, it will be a nuclear war, and if it starts, then the survival of
mankind is almost impossible.
Post
Topic
Board Nigeria (Naija)
Re: Your best advice regarding Cryptocurrencies
by
dderekwalcott
on 26/06/2025, 07:32:57 UTC
From my personal experience, I say never do anything you have no knowledge about, first know and learn about it and then start. Never invest your hard-earned money or assets that you will be in danger of losing in crypto. Of course, use a trust wallet or hardware wallet to store your crypto and passwords or seeds properly. Be patient because the chances of profiting in the long run are high. It is best to buy and hold Bitcoin for the long term for the future according to DCA. These small investments will turn into very big assets after a while.
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Board Meta
Merits 1 from 1 user
Re: Pizza vote for merit ?
by
dderekwalcott
on 25/06/2025, 06:35:56 UTC
⭐ Merited by babo (1)
In my opinion, since the report was made by creating a new account, it means that he reported anonymously for personal safety, so his report may be okay but its importance is reduced. If someone really wants to report and does not want to do it from his main account for security reasons or to keep his personal identity secret, then he can create a new account. But this is not necessary. In most cases, it is better to report from the main account, because it has more credibility.
To me, this is limited abuse and will not affect the results, so it can also be considered that the account may have been created to earn some merit and the report may not have been necessary if it did not cause any major problems. Although these things were not within the rules of the campaign, now let's see what the moderator does.
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Topic
Board Nigeria (Naija)
Re: Why is Trust Wallet not recommended?
by
dderekwalcott
on 25/06/2025, 04:23:56 UTC
Trust wallet is easily the most used and popular non-custodial wallet. It can be carried everywhere and you can also call it a mobile wallet or pocket wallet. It will show different coins and thousands of tokens. Trust wallet is very supportive in this regard. For these reasons the scammer terget this wallet and most of the time we heard that someone hacked their Trust wallet. But if it is a matter of security and reliability then you must think of alternatives. In that case you can use Sparrow, Electrum although these are non-custodial wallets. Very powerful and privacy-focused and if you want, you can connect to hardware wallets like - Ledger, Trezor, Coldcard. One thing to keep in mind is that these cannot be used very easily with mobile. I came to know a few days ago that PSBT (Partially Signed Bitcoin Transactions) is supported and you can increase privacy through Samourai Whirlpool. Multisig Wallet can be setup.
Post
Topic
Board Economics
Re: What is the best advise to give to a poor person to be rich?
by
dderekwalcott
on 26/05/2025, 06:25:09 UTC
If someone has a lot of money and does not have the willpower and plan to improve himself, then he will lose his financial status after a while and this is the reality. Those who have become rich by working hard from the beginning of their life according to a strong will and plan, but started from scratch. If you review the history of the 10 richest people in the world today, you will see that they all did not come from a noble family but they are currently established and rich by working hard with a strong will. So from here we can understand that if you have money, you will be rich, if you do not have money, you will be poor, or will you be rich or poor depending on your strong will and risk-taking mentality?
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Topic
Board Games and rounds
Re: Chips.gg | BTC Price Prediction | Prize- $100 | No deposit, No wagering
by
dderekwalcott
on 26/05/2025, 05:48:46 UTC
Chips.gg Username: dderekwalcott2025
Your ETH address in Chips.gg: 0xEdFe08970f6c40Ec2A07c774AE4f8AE9AC2925ab
Your Prediction: $113,525
Post
Topic
Board Games and rounds
Re: 🃏Jacks Club: ROUND 65 - BTC PRICE PREDICTION CONTEST $150 in BTC 🚀
by
dderekwalcott
on 16/03/2025, 17:44:02 UTC
JacksClub Username: dderekwalcott
Prediction: $85,743.45
Post
Topic
Board Meta
Re: Off-topic Tag Issue:PNF experience ! How can I challenge or get an explanation
by
dderekwalcott
on 15/03/2025, 10:11:51 UTC
Is there maintain any rule to give or take merit, I don't think so . whoever wants to give or take merit. If you pay attention here above the post of mine, one person has been given maximum of ten merits just because catch me . I have merits and I have right to give anyone and how many I want . That means nobody cares any rules and regulation . I'm not complaining the system, I just want to remember to you that it is not right to blame only one person. At the end I want to say you all are honorable and very busy person. So enough is enough,just stop and close this matter. It should be better for all the respectable members. We are not enemy to each other. Need peace everywhere .
I don't think it's how you have given out your merit that is being talked about but rather how you still receive merit on post that was written for you by an AI. Since you didn't write the post with your brain, you were not supposed to get merited on those post.

How can you depend on AI to write post for you man, in reality it only explains one thing, that you don't have your own brains to make use of. It doesn't make any sense.

I give merit to the posts whose posts give knowledge and I like also and whose opinion is similar to mine, this is my right.There are many posts in this forum that I feel do not deserve merit but have been given merit.‌ So I did not give and take any merit outside the rules. Now listen, in this circumstance if I make post with my brain do you give me any merit in any of my posts ? I know you don't have any honest answers and have any honest courage to give ligal merit in my post .