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You Don't Understand Cryptocurrency | Altcoins Investment? Chai, Permit Me To Explain Buddy

Discussion in 'Altcoins' started by Prezzy, Mar 14, 2017.

  1. Prezzy

    Prezzy Leader Protector

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    When you are done, Check out MY BEST 6 TIPS FOR ANYONE THAT WANT TO START INVESTING INCRYPTOCURRENCY!

    Let's talk about Cryptocurrency like you have known me since birth so you can understand it in one post friend... :p


    I had always known that Cryptocurrency is something that needs a deeper explanation than what I have done here on Jackobian.com for most Nigerians to understand. In fact, I don't think I have any post explaining cryptocurrency. I only have something on Bitcoins, maybe a lot of posts on Bitcoins and that have given me the impression that people are following until... Until it became clear to me that I haven't really explained everything properly!

    Here I am, just waking up and finished saying my prayers yet I haven't been able to figure out the very best way to explain cryptocurrency to fellow Nigerians who have little idea about what it is.:( Of course, I can go to any dictionary and pull out the definition for all but that's now working right?
    Besides, I want you to understand this very well because If you don't you will probably not make the right decision which is of course - investing in Cryptocurrency!

    So, let's do it this way buddy... You wanna understand cryptocurrency as an Investor and am going to speak our language to you! Yea, the language that all Nigerians will surely understand...

    As it stands eh, there's nothing, absolutely nothing difficult about cryptocurrency except for those that are coming from the ponzi schemes world which will make up the most part of what will be reading this post because they have been made to Believe that online investment is all about - RUSH IN THERE AND GRAB THE MONEY LET'S RUN AWAY!
    if you have such mindset, you better repent for the kingdom of Crypto is not like what you have in the Ponzi world.
    However, Cryptocurrency can be defined in this way... A story will do much better

    Some years ago, some guy who calls himself Satoshi Nakamoto:cool:... Don't ask me if he's a human being Because I doubt if that guy breathes like we do.... He decided that it was time the Internet had its own money which is controlled by those using it and not rely on the government or anyone to make movement of money possible. So, he created Bitcoin to give Internet users that power and since then, we Internet users have our own way of giving each other money irrespective of locations on earth by sending Bitcoins to one another and the Government has no business with this although they have always fought and lost and will keep doing the same UNTIL THEY GET TIRED.
    Mark some things here.
    This guy, satoshi Nakamoto is a Ghost - yes, the person that started Bitcoins is no where to be found.

    Bitcoin is money - the real money just like Gold although it's man-made.
    Government don't like Bitcoins - of course, they won't like a money they can't control. Same way they don't want you making gold which is the number 1 money (as YOU WERE GLADLY NOT TAUGHT IN SCHOOL) OR printing money, they also don't want you to have Bitcoins and if you care to ask why... It's simple... Whoever has the money has the power to manipulate and it becomes easier for the Government to manipulate everyone and print as much money as they want with their Central Banks.

    Hey, hold it there.. Which one is this story about banks and governments? :eek:

    Alright, am so sorry but at least you needed to understand one of the reasons Bitcoins is in existence! Bitcoins wants to give the power to make/mine/print money to people... It doesn't want it in the hands of the Government anymore and I know that "GOVERNMENT WON'T TEACH YOU THE ADVANTAGES OF CENTRAL BANK PRINTING MONEY AS MUCH AS THEY LIKE IN SCHOOL" because they haven't been able to tell us any truth about money ever before. Not to cry though... Let's keep talking about cryptocurrency...
    Obviously, Bitcoin is entangled with Government, EVERY GOVERNMENT IN THE WORLD because it removes the ability to manipulate money and print as much as they like from their hands... It doesn't give this evil power to the people but It creates a means by which people can have the real money "which has to be be limited in supply" and it has given this new found money... Not to the government which will corrupt it but to me and you... Those who will be using it!
    SINCE THAT DAY, THE GOVERNMENT HAVE BEEN IN FEAR OF WHEN BITCOIN WILL FINALLY SURFACE FULL TIME

    Now, all this story about FG is not to get you scared but for you to understand that each time you purchase some of these Internet currency, you are losing your assets in naira or dollars and putting them in Internet money which is of course interchangeable but a time will come when PEOPLE WILL JUST GET TIRED OF CHANGING FORTH AND BACK THEIR MONEY.. THEN THEY WILL CHOSE TO STICK WITH ONE... I DON'T NEED TO TELL. YOU WHICH ONE IT'S GONNA BE.

    Now that you understand that...

    -> Bitcoin is Money
    -> What it's come to do and it's very nature., let's see about Cryptocurrencies in general!

    Now, you understand Bitcoins, congratulations, you have equally understood Cryptocurrency because take Bitcoin to be that extremely smart kid in your secondary school days who will always finish to of the class after exams and other cryptocurrencies as every other person who's in the class.

    Wait... Do you normally finish top of your class? Then you can as well be the Bitcoin of your class! Congratulations!


    So,while bitcoin is the first of all the Internet cryptocurrencies to the best of my knowledge that made an impact, there are other ones out there and they are consistently trying to match up with the Bitcoin.
    Hey, hey,
    it's not a fight.. Bitcoin is not fighting with them.. All of them respect bitcoin so much to fight with it.

    That said, there are other guys like Bitcoin on the Internet and just like the wanna-be Vampires, they want to be popular and useful like Bitcoin but they are not entirely finding it very easy to do so. Of course, they are selling themselves to members of the Bitcoin community!
    Note: these other cryptocurrencies are what we call Alternative Currencies or ALTCOINS

    Now, the reason why these ALTCOINS are attracting people to buy and possibly use them are because of 2 simple things...


    1. We know they will grow like Bitcoin... Who no like better thing?;)

    Yes, people that know about Bitcoins when it started and bought some of it to store are millionaires now. This is because, just like real money, the value should be rising as the demand rises and vice versa.
    Now, if it's good money, the demand will always keep rising and frequently falling in situations where the demand is not as high as it used to be and that's what's been happening to bitcoins!
    Let me break it down further...
    Before, 1 Bitcoin = less than one dollar, so you can use a dollar to buy bitcoin then.
    Yes, it's that powerful and I just explained why this is the case. That's just it... The reason why people wanna but these alternative currencies known as altcoins.
    They want to buy them before they become very popular so when they become popular, they can make their money back by selling them off or anything like that.

    2. They aren't entirely Fakers, They have their Unique Features and Purposes - Problems they Solve


    This is an important one. Most of these cryptocurrencies have a particular purpose they serve so people buy them because of that very problem but ultimately, the important thing is that they are buying it!

    For example,

    Golem Cryptocurrency
    wants to help people make money with their computer resources(Ram, Processor, Memory, etc.) by renting them out to others who need it momentarily! You can learn about it here => Golem Cryptocurrency Investment Discussion! Rent Out Your Pc Resources & Get Paid!

    Sia coin wants to help you rent out the space on your PC and earn money doing so!
    Learn more here => Invest In Siacoin Altcoin With Just $1! Peer To Peer File Storage Blockchain Tech Just Like Golem


    GameCredits
    wants to make it easier for people to pay for different things in the games they play and also want to make it easier for people that create games to earn money by making it easier for those that play it to pay.

    Some other cryptocurrencies do some other things so ultimately, they all solve their own problems but the important thing is that their value is rising and falling so is your money when you buy them... REMEMBER WHAT I EXPLAINED ABOUT BITCOINS ABOVE. so, it's just going to keep rising and falling but mostly rising.

    Wow! Still reading this? :D:D

    Uhm am honored to Congratulate you on taking the most ridiculous course ever about Bitcoins and Cryptocurrencies
    but we around done yet... You can go get some rest or walk around because it's about to start getting interesting!

    Why?

    We are about to start seeing how you can earn money by joining in this cryptocurrency run... The one place all the banks in the world cannot attack your with their friendly Axes and Machetes, Lols, no be me talk o... Was just referring to the way they treat us like OUR MONEY BELONGS TO THEM SOMETIMES!
    So all the Lagos boys and students who have Been reading this from the start, your heart desires are about to be met. Be merry buddy.

    Actually, I have a feeling that many of us reading this have been trying to make some money off the cryptocurrency world for a while but hasn't entirely succeeded.

    If that's the case with you, you don't have to feel bad at all because, making money from Cryptocurrency is not entirely smooth especially when you do it wrong by following the wrong advice or by being outright foolish & greedy which is what some of us are especially PONZI GUYS.

    Aha! Ponzi guys, again this is for you... This is not Ponzi! This is not 1000% in 2 days O. This
    is real money so don't expect magic here. Although I must confess that most of the growing coins are performing magic but we are too focused on the big ones to even realize that the other upcoming ones are there most of the time WHICH I DON'T WANT YOU TO BE DOING! DON'T FOCUS ON THE BIG ONES AND NEGLECT THE SMALL ONES BIKO!

    Making money with Cryptocurrency and Altcoins

    Well, considering I don't even know what Bitcoin was less than 8 months ago, I might not really be that guy that will give you the one stop solution to making money with Cryptocurrency! And here's the bad news -> NOONE HAS ANY ONE STOP SOLUTION so don't go waste your time seeking them when they don't exist.. Yes, those crazy AUTOMATIC TRADING MACHINES THAT YOU PURCHASE FOR THOUSANDS OF DOLLARS AND SET UP ON YOUR PC TO MAKE MONEY FOR YOU... YOU CAN GO AND TRY THEM BUT I ASSURE YOU, AFTER MONTHS, YOU'LL COME BACK IF YOU WEREN'T KICKED HARD ENOUGH ON THE BUTT TO LEAVE THE CRYPTO WORLD TO READ THIS =>
    But no, don't let someone do it for you!
    And this is why.. You will miss all the damn fun of studying these things and making money yourself! Phew.. You dare not buddy.

    Am coming... NEPA don take light! :D
     
    Last edited: Mar 31, 2017
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  3. Dave Junior

    Dave Junior Active

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    @Prezzy Thanks for this your continuing education program. This is really the portfolios of the future.
     
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  4. Prezzy

    Prezzy Leader Protector

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    Drunk. Me. Again! ;):(:(

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    Let's go!
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    Chei! Person don comment wey I never finish my Post.. OMG!... I knew via notifications
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    Well, it's morning now and am about rounding up my post. I sincerely hope you have gained from here and am hopeful I get another chance to impact on you and your financial life by educating you in what I have been doing which has been working for me and make sure you get on properly and start earning yourself. Losing and Earning!

    So, this is what am gonna do now... I have already written severally about how people can make money online with Cryptocurrency so I will simply drop some links for you.

    Hey, hey hey!!! You need to read the links I drop here... Anyone you skip is POTENTIALLY USEFUL INFORMATION WHICH YOU CAN NOT AFFORD TO MISS.

    Don't expect magic but I assure you that by the time you re done reading them, you will be able to understand cryptocurrencies and Bitcoins well enough to start investing.

    Trust me.. The key is to LEARN & then Start Earning.

    I beg you in the name of GOD, Don't try to make money from Cryptocurrency when you don't understand what blockchain, hashing, mining, mining difficulty, peer to peer wallets and all those little things are. You need that info and that's what you got.

    Don't worry, you are not late. You can still make all the money here with diligence, persistence and hardwork.

    Yes, this one no be AJEBOTA work o. The only exam you are writing here is your money that you are investing and you don't get any refunds but you can take the exam again with your money again! so you better toughen up a little and start Learning now.

    Like I said, it's morning already so, we need to go check out how our dear cryptos are doing and I hope we see reasons to give out free cryptocurrencies like we did yesterday! Yea, I think we will be doing that today too.

    Meanwhile, this is what you need to read now in order to start earning and of course learning more...

    1. Understand Bitcoin Technically

    Hey, don't be afraid... You should know I won't give you something that you won't understand so, when I say technically, I mean.. The basic things like sending and receiving Bitcoins as well as basic terms like blockchain, hashing, confirmation of btc transfer and Co.
    Use this link now => Bitcoin-in-1-week Tutorial For Nigerians, Turning Newbies 2 Pro

    2. The most Important Thing about Altcoins Investments


    I found the SECRET... No, no secrets. I meant one very important part of Investing in Altcoins and i have shared it here also => Cryptocurrency Investment (4) The Most Important Thing To Consider For Altcoins Investment

    3. Now, you wanna invest in Cryptocurrency, when do Buy it?
    This is a very Important part of it and you cannot get it wrong here. Buy at the wrong time and you are done for.
    I have done my best to share what I know as the best time to invest in Cryptocurrency and YOU SHOULD NOT BUY UNTIL YOU HAVE SEEN IT!
    yes, I know you are a probably a Nigerian and you don't like reading much, you want the dollars but hey! Don't forget that you cannot skip this one!

    Click here to see when to Buy Bitcoins => http
    ://www.jackobian.com/threads/how-to-invest-in-cryptocurrency-should-i-buy-altcoins-when-its-rising-or-falling.34153/

    That's it buddy. I don't wanna keep you here all day unless you have all day sha. Or is it all night?
    It's probably all night and if that's the case, you need some sleep now... Of course, after you have read through all those posts I shared through the links.

    I have some more for you so you can get started but these ones should come after you must have finished reading the others.

    1. DASH COIN INVESTMENT! HOTTEST OF THE HOTTIES!


    Learn about it here => What Is Dash-coin? Investing In Dash Cryptocurrency [promising Altcoins 2017]

    2. ETHEREUM INVESTMENT!
    Learn more about it here => Ethereum Is Getting Better & I Wanna Invest! Any Tips?

    All Investments! Just Marry this Page => Altcoins - Other Cryptocurrencies

    Note: if you are married, don't mind my language, just look it up always. And Hey! Are you not a member of this website yet, please honor these 2 links below...

    1. Understand Jackobian:rolleyes:
    There's one way to do so now. Just click => The Revelation, The Vision, The Plan & Where Jackobian Is Headed
    When you get there, take your time and you'll understand this platform better. I encourage you to read ooo. Don't rush it anyway, it's more like a little novel I wrote when I was... You'll know when you get there. I trust you enjoy it!

    2. Register on Jackobian.com Now!
    Here's the link;) =>
    Sign up | Jackobian

    Yes, to be part of this community, you should register now. Yap! Join us as we continue on our journey to.... You'll find out when you read the first link. [trust me you need to]

    Now, am about closing this chapter and I am searching for one of the most important messages to leave you with...
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    Findings..
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    It's not about the size of the DOG in the FIGHT but about the size of the FIGHT in the DOG!
    Haha! If you are lazy and not motivated, you'll most likely lose here. How big is your motivation to win, to make it in Cryptocurrency???

    If the answer is not 100%,dont even start but if it is 100%,then let's jump in!
    Hurray! Welcome to the cryptocurrency world... A beautiful one we are trying to build a beautiful community here on Jackobian.com where we all can benefit, earn, help one another and be happy.

    Don't turn your back on this forum community, we want you among us to learn from you and teach you what we know too. Permit one more link please.. Click here to join Jackobian.com => Sign up | Jackobian

    Remain blessed!;)

    Remain Positive!:p


    Remain a good Jackobian and Nigerian!:rolleyes:


    Be a better You!:p

    Smile & HELP SOMEONE TODAY & EVERYDAY! BECAUSE THAT'S THE ONLY WAY WE CAN SURVIVE :)

    Check out MY BEST 6 TIPS FOR ANYONE THAT WANT TO START INVESTING INCRYPTOCURRENCY!
     
    Last edited: Mar 31, 2017
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  5. Prezzy

    Prezzy Leader Protector

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    The future?
    The future these days be like 2 years only. Before long, another crazy thing will jump out from the wild and take on us by surprise... Actually I wanna be taking things by surprise and not always things taking me by surprise.

    Anyways, yes, cryptocurrency remains the only future of money we know now and it's the best thing to get started.

    But, oga, you dropped your comment in between my post... Abi you didn't see when NEPA took the light[I mean my little lie in the first message]?
     
  6. Dave Junior

    Dave Junior Active

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    @Prezzy Always adding a spice of humor. I knew you would return nah. Since i discovered this your site. Have learnt so so much.Please keep up.
     
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  7. admin

    admin Well Known Protector

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    Lols, I don't know which to comment on first..
    About the return, am glad you booked a space... Shows me someone is actually getting something out of this.. I mean, it's something to know that someone is reading your post before you are done, so thanks. 4 dat bro!
    Of course, I'll appreciate all your comments including those missiles you wanna fire @ my ever plentiful blunders. Will gladly accept all guys so don't keep it back, it belongs to me!

    As for the humor something, brother, some Nigerians don't understand unless you follow them speak their language, so, I decided to keep the golden voice which all writers try to adopt aside and relate on level basis so it can flow well.

    Any Nigerian that doesn't understand this one eh, even a video clip will have to be interpreted to that person [na joke o]

    By the way, this is dedicated to a Nigerian student who prompted me to Explain all of these things to him yesterday night.
    So, it's meant 4 Nigerians and I hope it helps @ least a little.


    Screenshot_2017-03-14-07-49-06.png-You Don't Understand Cryptocurrency | Altcoins Investment? Chai, Permit Me To Explain Buddy
     
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  8. Prezzy

    Prezzy Leader Protector

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    Lols, I don't know which to comment on first..
    About the return, am glad you booked a space... Shows me someone is actually getting something out of this.. I mean, it's something to know that someone is reading your post before you are done, so thanks. 4 dat bro!
    Of course, I'll appreciate all your comments including those missiles you wanna fire @ my ever plentiful blunders. Will gladly accept all guys so don't keep it back, it belongs to me!

    As for the humor something, brother, some Nigerians don't understand unless you follow them speak their language, so, I decided to keep the golden voice which all writers try to adopt aside and relate on level basis so it can flow well.

    Any Nigerian that doesn't understand this one eh, even a video clip will have to be interpreted to that person [na joke o]

    By the way, this is dedicated to a Nigerian student who prompted me to Explain all of these things to him yesterday night.
    So, it's meant 4 Nigerians and I hope it helps @ least a little.

    Screenshot_2017-03-14-07-49-06.png-You Don't Understand Cryptocurrency | Altcoins Investment? Chai, Permit Me To Explain Buddy Screenshot_2017-03-14-07-49-06.png-You Don't Understand Cryptocurrency | Altcoins Investment? Chai, Permit Me To Explain Buddy
     
    Last edited: Mar 14, 2017
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  9. Kenny

    Kenny GrandMaster

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    I Created a Post On Bitcoin Vocabulary e.g Hash Bitcoin, Wallet And All That....But Due To Some Reason I Was Not Able To Approve It.

    anyway I Will Do That Today. Nice One Bro

    Investing $50 In Cryto Now Will Make You A Millionaire In The Future.

    A Man That Bought 20BTC When It Was Not Up To A Dollar Now Regrets Why He Never Bought More.
     
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  10. Prezzy

    Prezzy Leader Protector

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    Lols, some of us are going to be like that man in the future bro... Just don't be among those of them that will be like him!
     
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  11. Joooh

    Joooh Upcoming

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    ...Learning more...
    Hope this is not the last tutorial. I'm kinda taking it gradually
     
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  12. Chukwuemeka Kelvin

    Chukwuemeka Kelvin Rookie!!!

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    Nice one! Am getting it gradually but my question is; where do I start from???
     
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  13. admin

    admin Well Known Protector

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    You start from learning dear... You learn about these things then you can make money from them... it's not difficult and i already provided some links that will guide you right!

    PLEASE READ THIS AGAIN...
     
  14. Prezzy

    Prezzy Leader Protector

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    far from that buddy, we still have things to do, i mean, we will keep learning and earning from cryptocurrency until we understand them perfectly then we start creating our own cryptos!

    i have observed some of the guys that create these currencies and i can assure you that with the right resources available, starting from NEPA, we nigerians can start creating our own cryptocurrency afetrall, the major goal of Jackobian i.e Jackobian Vision is to encourage and inspire Nigerians into creating and selling

    That's part of it anyway... so, we are just getting started and you can trust me to share whatever i know and learn with you guys as well as i expect you guys to do the same on this journey!
     
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  15. Dave Junior

    Dave Junior Active

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    @Prezzy Soon you will be an expert on this crypto thing and we should start getting you on TV and Radio promoting it not just online. Thanks for sharing always. Appreciate it.
     
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  16. Prezzy

    Prezzy Leader Protector

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    a good friend of mine Tai Zen said..
    Speaking of being an expert, i don't consider myself one nor can i appear in front of a TV... mehn, i will just faint.
    i prefer the anonymity that these magnificent text box gives me and hope to impact through it!.. hopefully, one day, we will overcome this feeling and attempt that
     
  17. Joooh

    Joooh Upcoming

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    Lmao...bro
    Please don't faint oo:D:D
     
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  18. Benedict pepple

    Benedict pepple Well Known

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    Well done @Prezzy, you are doing a nice work. I remember when i started learning on how Bitcoin works it seems to be difficult to me. But when i exhibit the habit of reading each post that is updated here on Jackobian.com, from there i start seeing the secrete behind it. investing in a cryptocurrency is a good thing to do, therefore i encourage anyone that have the interest to read with understanding. Good luck!
     
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  19. Prezzy

    Prezzy Leader Protector

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    Ben, it's actually beyond reading... It has to do with practicing too!

    I know you bought some bitcoins and I encourage you to try out some things with them... That's actually how you grow and learn more.

    If you don't practice any of these things... It will be extremely difficult for you bro. Don't keep it back.. Get going! Looking for small investments?
    Click here =>
    DOGE - Chelsea Won, Kante Scored! Get Free $1 For Altcoins Investment Below $1!


    Large ones? Click here =>
    J-Secure! - Genesis-mining Bitcoin Cloud Mining: How I Invested 500k|$1k To Earn 1.5k|$3 Daily 4 Life!

    Thanks again 4 your reply. I appreciate that.
     
  20. Prezzy

    Prezzy Leader Protector

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    No, I won't cos am not going on TV yet! I can't even imagine that, those presenters dey try... How do they even walk upright on stage :(:(:(
     
  21. Chidokwe Emmanuel

    Chidokwe Emmanuel Well Known

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    @Prezzy, you ahve given a lot of us inspiration.
    keep up the good work because we must all earn from the crypto world.
    Genesis mining can confuse sha:confused::confused::eek:
     
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  22. Chime

    Chime Well Known

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    I like
    I love everything cryptocurrency. I love it. I am looking to the future with great expectations.

    Thanks @Prezzy.
     
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  23. Prezzy

    Prezzy Leader Protector

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  24. Prezzy

    Prezzy Leader Protector

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    Hmm, what's the challenge?
     
  25. Benedict pepple

    Benedict pepple Well Known

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    Yeah that is also my ambition. honestly i was in love with the thread which @Prezzy thoutht me about which is Bitcoin-in-1-week Tutorial For Nigerians, Turning Newbies 2 pro. there i got my full insight on how crytocurency works. well done @Prezzy.
     
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  26. Prezzy

    Prezzy Leader Protector

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    We keep going bro. I will love you to start practicing these things if you haven't bro.

    Please do
     
  27. Benedict pepple

    Benedict pepple Well Known

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    Yeah am on the Run.
     
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  28. Prezzy

    Prezzy Leader Protector

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    That's good. Which of the cryptos are you into.?
     
  29. Benedict pepple

    Benedict pepple Well Known

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    Bitcoin, i still have to invest more on it, at the same time keeping record of others currencies that you have introduce.
     
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  30. sizzlered

    sizzlered Jackobian

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    I am beginning to pick great interest in these currencies.
     
  31. Prezzy

    Prezzy Leader Protector

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    alright, am happy to hear that sir and am more happy am part of the reason why this is possible with you today! keep it up!
     
  1. joshonwill
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