Topic: Charles-Tim merit source application + Nigerian local board - page 5. (Read 1872 times)

The most important criteria for a good merit source is how frequently they rotate their source merits across the forum boards and sub boards,

If you want to be a merit source:

 1. Be a somewhat established member.
 2. Collect TEN posts written in the last couple of months by other people that have not received nearly enough merit for how good they are, and post quotes for them all in a new Meta thread. The point of this is to demonstrate your ability to give out merit usefully.

3. We will take a look at your history and maybe make you a source.

Since you are a merit contributor (not a merit source), you have send 757 merit and that is about 95% of the total you receive. But there's something less fun here if I review where your sMerit went. Based on the data found from the merit dashboard, ±54% of your sMerit goes to Legendary rank, 26% to Hero, 14% to Senior, 0.7% to full member, 3.7% to member and the rest to Jr. and newbie members.

<…>

All I can still prefer is to be a merit source so I will be able to have enough smerits all month long that I can send to the posts that are worth it. You too can try to become an established member on this forum and request for merit source.

Lol, does this happen to you with all the merit you earn?

It used to happen to me before and it still happens to me but less frequently because I earn merits more often, but I have seen that you spend a lot of time in the forum and you write much more than the post requirements of the signature campaign, so I support your application.

From the data above I assume that if you want to contribute to the community, then you should not continue to accumulate your sMerit at high rankings like Legendary or Hero. That won't help the merit system work well even though by nature high rankers are better able to post with better quality than low ranked users. But because the merit system is not moderated, you are free to do whatever you want with it.

While we will not be directly moderating this, I encourage people to give merit to posts that are objectively high-quality, not just posts that you agree with.

All I noticed was/is that there are more posts I needed to merit but I do not have the privilege to merit such posts because each 2 merit received will only generate only one smerit...

Since you are a merit contributor (not a merit source), you have send 757 merit and that is about 95% of the total you receive. But there's something less fun here if I review where your sMerit went. Based on the data found from the merit dashboard, ±54% of your sMerit goes to Legendary rank, 26% to Hero, 14% to Senior, 0.7% to full member, 3.7% to member and the rest to Jr. and newbie members.

From the data above I assume that if you want to contribute to the community, then you should not continue to accumulate your sMerit at high rankings like Legendary or Hero.

I believe Charles-Tim will be a great merit source, as he is already a great forum contributor.

Since you are a merit contributor (not a merit source), you have send 757 merit and that is about 95% of the total you receive. But there's something less fun here if I review where your sMerit went. Based on the data found from the merit dashboard, ±54% of your sMerit goes to Legendary rank, 26% to Hero, 14% to Senior, 0.7% to full member, 3.7% to member and the rest to Jr. and newbie members.

From the data above I assume that if you want to contribute to the community, then you should not continue to accumulate your sMerit at high rankings like Legendary or Hero. That won't help the merit system work well even though by nature high rankers are better able to post with better quality than low ranked users. But because the merit system is not moderated, you are free to do whatever you want with it.

Since you are a merit contributor (not a merit source), you have send 757 merit and that is about 95% of the total you receive. But there's something less fun here if I review where your sMerit went. Based on the data found from the merit dashboard, ±54% of your sMerit goes to Legendary rank, 26% to Hero, 14% to Senior, 0.7% to full member, 3.7% to member and the rest to Jr. and newbie members.

Apart from that from other data I can also say that you have sent back almost 100% of the sMerit you got from some users who sent you merit. I don't think it really helps the community with the merit system because generally you send sMerit to users who give you merit. here's the image.

Charles-Tim, I'm sorry and I hope you understand what I mean by saying this and don't take this as a personal attack.

I thought I would post some details of my system for storing, securing and protecting
my valuables primarily in the event of fire.

I use a product from Master Lock > https://www.masterlock.eu  its a Fire and Flood security chest,
they have a number of products in the range at very reasonable prices, some priced
less than a Ledger or Trezor hardware wallet. This gives another layer of protection
from fire and flood damage.

For example here is a link to one on Amazon.co.uk > https://www.amazon.co.uk/Master-Lock-LCHW20101-LCHW20101-Electronics/dp/B0158OFGPQ/ref=asc_df_B0158OFGPQ/?tag=googshopuk-21&linkCode=df0&hvadid=223170773229&hvpos=&hvnetw=g&hvrand=4529055444014000040&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=20480&hvtargid=pla-423058341115&psc=1&th=1&psc=1

For security against theft it is not suitable as they are portable, heavy but portable.
The model I use is the https://www.masterlock.eu/home-personal/product/LCHW20101



What do I store in it?

Well up to 7.8 Litres in volume of items such as:
Important Documents: Insurance documents, Birth certificates, Copies of Drivers License, Bank account details
Electronics: Hardware wallets, Encrypted USB drives
Edit - Valuables: Jewellery, Gold, Silver, Cash, Etc.






More of Master Lock's products > https://www.masterlock.eu/home-personal/product-search/storage-security/Fire+%26+Water+Resistant+Security+Chests?environment=Indoors&keyed=Keyed

There's a workaround but it's not newbie friendly.

@AndresAA90 Yes, but you have to load the RAW transactions manually to Electrum so that you can use them as inputs to create a transaction while offline.
The tiring part is finding your wallet's unspent outputs (if you have many) and the troublesome part is getting their "RAW transaction" data.

He's an example workflow (some steps can be done in variety of ways):

• Let's say Electrum is offline, so when you restored your wallets the transaction history is empty.
• Now, enable "Address" and "Console" tab, you need to generate more addresses to a quantity based from your past transaction history.
  So, in the 'console' tab, type [wallet.create_new_address(False) for i in range(100)] and [wallet.create_new_address(True) for i in range(50)]
  The former is for your "receiving addresses" and the later is for the "change addresses", change 100 and 50 depending on how many addresses you think you've used.
• Go to Address tab and find a way to check the addresses' balances (eg. a blockexplorer), then take note of the TXIDs that contain your addresses as output that's still unspent.
• Find a way to get the "RAW Transaction" of the TXIDs that you've noted, (one example is to use a service like https://chainquery.com/bitcoin-cli/getrawtransaction)
• Back to Electrum, use the menu: "Tools->Load Transaction from text", paste one RAW transaction, click "Load" and then "Save"
  Note: "Save" wont be available if the transaction isn't related to the wallet or the address isn't generated yet; if it's the latter: generate more addresses.
  Do that to all of the RAW Transactions in your note one by one.
• Lastly you can now create an offline transaction and broadcast it using other wallets/service.
  If it's rejected when broadcast, you must have likely included a "spent output" in the mix (remove it/those from the history and create a transaction again).

Nigerians, our mumu never too much?

First, it was MMM, the frauds company that made many cried, they vowed never to look into an online investment again, many lost homes, students dropped out of school due to financial instability and being unable to meet the school fees deadline, some lost jobs, and some were arrested due to loan defaults. We all assumed it was the end, but we had no idea it was the start of a Ponzi investment in our beloved country. MMM fraud techniques gave birth to a plethora of types of online investing, including the popular 10k and earn back 40k in 24 hours scams, which have never ceased despite several warnings from central banks and financial authorities.

Is it really fair to criticize celebrities for using their celebrity to mislead their fans into believing they can make a fortune overnight? Celebrities have a lot of power and play a lot of roles, but their personalities don't impact me in any way; they're just like regular people like me; the only difference is the part we all play in society, and because they're more valued than me, they'll always receive the attention. I'm sure the smart ones here would rather have Satoshi as a role model than any other influencer if he or she could be seen or touched.
Nigerians have evolved to prefer investments that originate from the mouths of celebrities. This is why they always have a lot of attention from the public since they don't have enough stuff to keep their followers on track, which raised the question of whether the central bank would interfere or continue to observe. Last year was the year of wazobia investment and Raskerly, I tried everything in my power to convince some of my scumbags friends well known for gambling to let go of this scheme but everything I did in my power to bring them to the limelight of crypto was futile until the company closed down, they were doomed for life because of mere celebrities.

Yesterday, I came across a discussion on Naija's largest forum, Nairaland, and a topic sparked my curiosity about how Twitter was trending with Eatrich on how they failed to remit billions to investors, and I attempted to investigate where it all originated, and lo and behold, celebs, I wasn't disappointed.
The SEC is monitoring and doing nothing to arrest these fraudsters, but they won't wait a second when they hear crypto in their ears, they don't want to securely invest in cryptocurrency, and they won't let the young use cryptocurrency freely. It's out of control, and the central bank is more concerned about the E-Naira.



Only an idiot would guarantee a % ROI in a short length of time; Nigerians are intelligent, but I'm not sure about this one.



Source: Eatrich-investment-fails-pay-billions


Make I yarn una something weh happen to my cousin sister  

Last week, my cousin sister's Facebook account was compromised; I'm not quite certain how they did it, but her friend account was first hacked, and then they chatted her to invest on investment normally the doubling schemes, thinking it was her friend who was trying to help her out with a sweet investment, and I was disappointed that she transferred 20k X5 and 5k a single time making a total of #105k and I was highly disappointed how they cheaply sweep her account. She contacted me to ask for my assistance in recovering her money from the fraudsters. Then I called my pals, who advised me to go to the scammer bank, Access Bank but that was another story, you know how we dy do things na  

When I arrived at the bank, I filed a complaint with customer service, and she informed me that the owner of the account must file a complaint with proof of transaction, and after that, we must go to court to obtain an official letter to be presented to the bank before they can freeze the scammer's account. When she heard that, she gave up, knowing that the anguish she would experience would cost her money.
This scammer did not stop with her; he utilized her account to contact other of her Facebook friends in order to trap other naive Nigerians, and it tears my heart that nothing was done.  

With the way things are going, I believe the scammers are aware that banks will not do anything to them even if they find out, except when a scammer wants to swindle another scammer, and I grieve for our beautiful nation.
I advise her that the next time she should invest in crypto rather than do quick money, and for Nigerians, I hope we realize that Bitcoin is the only thing you need, not some celebrity's counsel who is suffering on show business check.

Nigerians must wake up because mumu don too much.

What Happened: This website is looking like fake Binance exchange and they are sending messages to people to register and get free bitcoins.
They say that they are located in Australia but this is not a real exchange so don't register and don't send any coins there if you don't want to get scammed.

Archive: https://web.archive.org/web/20210908081146/https://achillescoins.com/

Not sure if this has been shared here,


https://www.bleepingcomputer.com/news/security/fake-opensea-support-staff-are-stealing-cryptowallets-and-nfts/

Actually one user has already fallen for this trick a total of 4.5 ETH and more.



https://twitter.com/_jeffnicholas_/status/1430046727843717125

Just not NFT's, but everything that involves crypto and you need help, don't panic and take a deep breath. Because once you don't think logically, you will fall for the scammers trip, like giving you sense of security that they will help you.

It's no wonder that many will infiltrate Discord if users need support but surely scamers will offer themselves normally via PM and here we don't need to panic and never ask for help referring to PM first, cases like this do happen a lot.

It's a shame for someone who has lost his assets at Opensea maybe this is because of his carelessness.

Here I found a familiar opensea phishing site with the same script.

See below.

Phishing OpenSea

Website:
Archived: https://archive.ph/6WeUC

To be honest, I wouldn't believe them and I wouldn’t send money there.
they do not offer much information, about the platform, about the team... There is almost no information about who is behind. The possibility to contact them is only through email ([email protected]). Using Gmail, a free service and not from its own domain seems a little unprofessional.
The domain is only 57 days old, therefore a relatively new service and there is still not much feedbacks. https://whois.domaintools.com/iexwls.com


the first short search on the web about this site offered me this result https://www.forexbrokerz.com/brokers/iexs-review


so here there is always a serious possibility that they will close the business overnight or be closed by the authorities. I wouldn't risk money here for sure.

edit: Now I look a little bit more carefully, it is very possible that iexwls.com trying to clone iexs.com, there are a lot of similarities, logo etc ...
it’s even worse because they take the business model from an extremely dubious platform.

Description:
The following project claims to be an officially registered company in the UK and trying to tempt people by offering hype investment plans from 1.17 percent hourly to 1600 percent profits after 15 days. Also, they offer 2 to 7 percent referral commissions to the people who invite other users into this trap.







Reference Link:
Hourbolt.com

WhoIs info:
https://whois.domaintools.com/Hourbolt.com
Created on 2021-08-18
Expires on 2022-08-18
Updated on 0000-12-31

Payment Method:
Bitcoin, Litecoin, Ethereum...

Archive:
https://archive.is/YxJoM

Additional Notes:
In order to take down this project please report the website to their registrar (In this case NameCheap). Here is a little guide about how to report the scammers to their registrar: https://bitcointalksearch.org/topic/how-to-report-the-scammers-to-registrar-5281378

I think every one of us knows about the trading signal group. But are we aware of the trap of signal groups? How do they scam us? Although they aren't scamming you directly like a Ponzi scheme. But self-consciously we are handover our funds to them. Let's explain it shortly.

First of all, each paid signals group has a free signal group where they will share a few free signals and post a few news updates. Most paid signals channels are just a group of candidates. Before they share a free signal on the free signal group they post it in the paid signal group. As a result, the signaled coin pump for a few minutes. Once they share that signal in the free group the free subscriber thinks they could gain if they join in paid signal groups. Actually due to sharing the same signal in many paid groups a coin pump for a few minutes since they are a group of candidates. That's how signal providers always motivate their free subscribers to buy paid signals. But eventually, the signal buyer realizes that they just scammed.

So guys don't fall into the trading signal trap. I would like just to encourage you to get updates from their free signal groups. Don't trade just based on their signals. I know a few signals sometimes gain, but you wouldn't be lucky enough to enter at the right time. Don't lose your fund with the signal trap.

Better, black should be called black and not not black-ish, initially when I read your post on you saying 'you encourage update to be taken form free group' without second thought the message any newbie reading this will be getting is that, free signal groups are ok to join which isn't true. It doesn't matter what the statue of the group is be it paid or not, they're all basically doing the same thing.

The only advantage the paid groups get is that, they get the updates beforw the free groups gets it, which might giive them better advantage to profit from the pumps and dumps the groups engaging themselves in with disguise of actually trading. If you what update on development and news regarding the industry, we have news outlets that those that and you can follow without having to join signals groups. They'll just decieve you and sooner or later you'll be tempted to give them your money to join their so called paid groups due to the false testimony you'll be seeing.

Prevention is better than cure, avoiding all groups is the best method. Even the so called trading groups where initially was just meant to be a common ground for traders has now been highjacked by shillers, shilling worthless crabs for their selfish benefits.

The young president of El Salvador, Nayib Bukele are taking on the giants with this decision, because the money transmitters and the Banks are furious about this decision. (They are losing millions of Dollars in money transfer fees)

Now the IMF loans to his country might be in jeopardy, because all these Banks work together to force 3rd world countries to bend the knee before them.  https://www.reuters.com/business/finance/el-salvador-leads-world-into-cryptocurrency-bitcoin-legal-tender-2021-09-07/

"The World Bank reiterated on Tuesday it could not help El Salvador in adopting bitcoin "given environmental and transparency shortcomings," a bank spokesperson said....

You probably meant merchants, not customer as those have already made their choice.



Yes, it's mandatory and all the receive/keep is just mumbo jumbo trying to paint an excuse on forcing somebody to do a thing while claiming they have the liberty of choice.

You have to accept bitcoin payments, that's the end of it, a business that was before only cash, no cc, no cheques nothing suddenly is forced to accept payment and deal with both crypto and digital fiat, as they will have to go through the government rules to withdraw the converted fiat, even if they stay don't choose the bitcoin option. This unless this magical conversion tool somehow prints paper money out of your phone.

I think it can be easily solved with a sticker... "we accept Bitcoin or just dollars here"!

Some people can complain as long as they want, but the reality is clear, more options is always better! Open-minded people understand this, and I believe that nobody is forcing El Salvadorians to use Bitcoin, but the ones who have it and use it will now have a chance to pay directly with BTC in many stores, shops, or for whatever!
So if some shop, store, or anything doesn't wish to accept Bitcoins will probably lose customers, the ones who are ready to adapt will attract people from both worlds and they will have higher traffic, meaning higher profits!

Bad luck in the start, as I read they have problems with Chivo wallet, the explanation is due to server capacity increase... they promised it will be fixed quickly! An interesting thing, even their prime minister was giving tutorials to people who wanted to learn about it!

From the article you've quoted:


Definitely interesting,but no, thank you!
$130k for an apartment of 90mp2 in what googles tells me is a safe zone in El Salvador doesn't sound like a bargain to me.

Sounds on par with the medium zones from Eastern Europe.

They were using USD as the major currency for all the trades and was accepted in the country or in other words we can say that US dollar was dominating the country when it opted for it's usage and due to all the trade restrictions and hinderances the El Salvador government took the visionary decision to legalize the bitcoin in country.


This was given as options to people to just lock the 3 bitcoins with the government and they become eligible for the residents status in El Salvador as move to promote crypto entrepreneurs and boost the economy and this was tweeted by the President Nayib Bukele:



There are some who doesn't want to be part of this legal enforcement of bitcoin and that's why we see some protest against them in the country but later on they would be the one appraising the government policy but at this time many small merchant have the issue of bitcoin like fees which is most probably solved by LN wallets and they find it easy to have fiat payment over maintenance of wallets and keeping up the btc but as the government is giving them options to hold bitcoin or fiat is good decision as well.But the customers are free and they have to accept Bitcoin if they want it or not and later on convert them to USD as it's the legal fiat of the country.Soon they will not feel agitated with all this and might find btc as best option.

They handled it terribly. They tried to play it down and didn't know what to do. They failed their customers because they couldn't protect their data.

But Trezor isn't innocent either. All hardware wallets have flaws. Trezor wallets have a seed extraction vulnerability that can't be fixed. It's a design flaw. It can only be mitigated with a strong passphrase or saving a code on a SD card. When those vulnerabilities became known, Trezor didn't to the right thing either. The right thing would have been to admit the design flaw, instruct their users to add an additional layer of security (passphrase), and explain the issues of the seed extraction problem in their instructions manual that comes with their devices.

All companies in all spheres of life are interested in protecting their business first and foremost. Trezor and Ledger are no different. Even if it means taking a piss at their customers. It's time people understand that.

Despite the way Ledger handled privacy concerns, the security of their wallets isn't affected. The privacy of their users is.
And despite Trezor's design flaw, they remain one of the best wallets in this niche. Both are still recommended purchases, although I would personally go for the Nano S over the Nano X for several reasons. dkbit98 mentioned the battery problems, so there is one.

If I personally had to select between a Ledger and Trezor right now, knowing everything I know today, I would pick the Trezor T. Hopefully with a discount code.    

You can get tables for Bitcoin, Ethereum

Bitcoin: https://cryptorank.io/price/bitcoin
Ethereum: https://cryptorank.io/price/ethereum

You can get more table for other altcoins. Cryptorank.io announcement tweet: https://twitter.com/CryptoRank_io/status/1423363809545265159

Monthly Return Tables are great because they give you good overview about cryptocurrency changes with months. However, you should not obsess with tables and make your investment decisions only based on those tables. From overview, you must do your own research and look for more details.

Cryptorank.io provide Quarterly Return Tables as well.

That is the whole truth, or at least the most important thing if we want to give an answer to the question asked. We just need to look at examples of other countries where either there is high corruption, or where the level of human rights is very low or practically non-existent. I am thinking here first of all of China, India, and Russia as obvious examples of a total or partial ban on anything related to cryptocurrencies - and Nigeria is clearly not lagging behind them when it comes to anti-crypto attitudes and laws.

One of the most effective ways to control people is through money, because we all depend on it in everyday life - so although it is less pronounced in rich countries, people in poor countries are looking for a way to live better, and Bitcoin allows them to do so.

---

I live within the EU in a small country that is also highly corrupt (former prime minister in prison), and 80% of all ministers from the last government convocation had to resign due to corruption scandals. Our central bank also issues very negative warnings about cryptocurrencies, and with the help of some other government agencies is trying to influence people not to invest in cryptocurrencies - but it is unbelievable that the turnover in local crypto exchanges equated with the turnover of stock trading, which was certainly a sign of alarm for them.

I mean, politicians and various interest groups can try to stop people from investing in something - but in the long run it doesn't work, people will always find a way to do what they want.

What do you expect from a country that care less about its citizens and try to suppress them especially the leader of the tomorrow which are the youth. The Nigerian government sees Bitcoin as a threat to their selfish ambition. They want the masses to remain in poverty so they can be easily controlled and anything that'll be posing as a threat to that goals of their will try to be eliminated and that's exactly what they're trying to do with bitcoin but they have failed so far.

Connect the dots, you think the banning of twitter in Nigeria has nothing to do with it's support for Bitcoin and Nigerian youths especially during the EndSARs movement some months back, they had this all planned out but the fact is the conspiracy they're trying to accomplish on 1st October won't work.

Firstly the citizens aren't that uninformed as they were few years back, I'm pretty sure we'll have very strong activist that'll opposed this initiative of theirs and enlightened the public on what the government secret plans are.

New trends often give rise to new scams, and with the introduction of Defi, fraudsters have utilized a plethora of tricks to entice people into trapping and stealing their money. NFTs are not new to us, but the desire for them and how valuable they are has lately gained the attention of many media outlets, which, as you know, is always a signal and new employment for fraudsters to start a new method of exploiting the uninformed ones.

NFT are one of the most in-demand Defi applications since they are scarce, unique, and because only one entity of them exists, those who value it will pay any amount to acquire it before anybody else. The values that come with them have enticed fraudsters to go to any length to get your money.

These are some of the more prevalent methods fraudsters have used to defraud users of their NFT arts.

Cloning of NFT markets: Because of the nature of NFT, they cannot be listed on exchanges in the same way that other coins and tokens are, therefore NFT are usually auctioned on prominent NFT marketplaces such as Opensea and Rarible. Some Defi projects make their own marketplace available to their investors and token holder but scammers always find their way out to clone these websites just like the conventional ways hackers do to online banking where they copy every feature of the bank and ask you to input your sensitive information and also credits, these are no way different in NFTs markets too, NFT markets script can be purchase online and they can clone them and make you purchase a fake NFTs in exchange for your ETH and BNB which are the popular networks that support NFTs.

Online Telegram support: You should be aware that Opensea does not offer telegram group chat assistance since it is difficult to maintain owing to the numerous impersonators and frauds that occur on the platform on a regular basis. Rarible used to have a Telegram group, however, it was later announced that they had migrated to Discord due to difficulties in controlling fraudsters and the amount of reported scams. If you are dealing with NFTs on those two largest NFT marketplaces, stay away from Telegram, if you have any problems, you may check the online support on their website, but you should also be wary about the website. Don't make complain on open social networks. it's no different from Telegram, except that Telegram has become a haven for fraudsters due to the rise of cryptocurrency.

As you can see from their official Twitter handle, you can only get support via their website or Discord, avoid telegram like you avoid a plague.



Regarding the rest of the projects that have their own NFT markets place, you should be aware that most admin will never send you a private message asking for private keys or any other sensitive information. Instead, tailor your problem to the appropriately tagged admin in the official group, and he/she may direct you on how to resolve the issues.

NFT giveaways: This never gets old, and I despise anything free. Airdrops were given out during the previous bull run where everyone received free tokens and coins from new projects, but that has changed recently. The only available airdrops you see around are mostly for promotion and for loyal investors, particularly those who stayed with projects during their early stages and those who invested in them. In some projects, the only method to obtain NFT is to hold their token and stake them in exchange, you get randomly picked for this NFTs airdrop. Don't lose your wallet for free stuff that doesn't worth it.

Avoid been associated with NFT projects because of Artists and celebrities: Artistes and celebrities, in general, are just regular people like you; this isn't the first time they've taken on new projects for the sake of a few checks, similar situations have occurred in the past, and they were later fined for getting followers invested in new projects, according to some reports from SEC website. This is not an exception, they will sell them to you and return to their way of life in the entertainment industry. Buy NFT from trustworthy organizations and projects that will provide you with security; don't buy items you will later regret; and even if you are following an artiste for NFT, you may make the mistake of purchasing the wrong NFT due to impersonators.

Fake Projects: Defi is a new place, and no regulations have been put in place to protect investors, so your chances of being scammed are quite high. Do your study and due diligence before transferring all of your funds in the name of an image that may end up in the hospital, scammers do not deserve your attention.