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Nairaland Forum / Nairaland / General / Investment / Crypto Currency Investors Thread (3711056 Views)
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Re: Crypto Currency Investors Thread by LincolnOnyeabor: 9:32am On Feb 20 |
leocollins: I have a video on how to go about this on my YouTube channel. I will drop it for you 1 Like |
Re: Crypto Currency Investors Thread by Superpack589: 10:26am On Feb 20 |
What is happening? Why are there no buy ads on Binance p2p for naira? 1 Like 1 Share |
Re: Crypto Currency Investors Thread by santos123(m): 10:31am On Feb 20 |
nna777:any retracement in play? |
Re: Crypto Currency Investors Thread by FuckingNaira: 10:37am On Feb 20 |
Realmrsean:Lols. . . The major provider for the green back now is binance Any crackdown on binance now will send naira to 5,000|$ Cbn do not have DOLLAR 1 Like |
Re: Crypto Currency Investors Thread by ayomidan: 10:41am On Feb 20 |
Superpack589:I notice the scarcity this morning |
Re: Crypto Currency Investors Thread by Superpack589: 10:55am On Feb 20 |
ayomidan: Maybe it was just a little glitch or they are testing the microphone on how to remove the feature when CBN finally crack down. It's back now and naira is 1800 and changing fast upwards. God help Nigeria. 1 Like |
Re: Crypto Currency Investors Thread by Crvrider: 11:46am On Feb 20 |
But really, why is nobody talking about HODLing BNB here? 5 Likes |
Re: Crypto Currency Investors Thread by ElectronicMoney(m): 12:30pm On Feb 20 |
Fastt: I remember when Enyinne made this observation here last year and some people shouted her down. It is becoming more clear to most people now that Binance is the reason for the fast depreciation of the Naira I'm sure if you check the data you will find that there has not been an appreciable increase in the level of imports over the past 6 months yet there has been a sustained pressure on the Naira-Dollar exchange rate...this is very illogical and is concrete proof that Binance is the culprit! 8 Likes 1 Share |
Re: Crypto Currency Investors Thread by leocollins(m): 12:37pm On Feb 20 |
LincolnOnyeabor: Thanks boss i really appreciate |
Re: Crypto Currency Investors Thread by clems88(m): 12:38pm On Feb 20 |
The naira sinking faster than I expected ![]() No light , high inflation on prices of goods . Even thought I earn in dollars , I'm feeling the impart of this hardship ![]() |
Re: Crypto Currency Investors Thread by LincolnOnyeabor: 12:41pm On Feb 20 |
leocollins: Here's the video sir. https://www.youtube.com/watch?v=xd8Xes79lLA Kindly Like, Subscribe and Share to your Socials sir. |
Re: Crypto Currency Investors Thread by LincolnOnyeabor: 1:04pm On Feb 20 |
I really don't think that Binance as an Organization in itself is responsible. More like, It's been used as a vehicle by Whales and Billionaires to Shore up and Hedge their Monies. Noticed that practically no one on Binance Front page is selling for instance #10,000 worth of $$ ![]() What happens to the small guys like us who need those for gas fees and stuff. Well, that's where I come in. I buy and sell USDT, Litecoin, Solana BNB, AND BTC ooo. Kindly Patronise me sirs and Ma's. My WhatsApp contact is 0. 701496 4921 Or you can quote me on this Thread and I'll do well to respond. |
Re: Crypto Currency Investors Thread by narite: 1:06pm On Feb 20 |
ElectronicMoney:Do you know the meaning of “SAP”? |
Re: Crypto Currency Investors Thread by Queseda: 1:29pm On Feb 20 |
ElectronicMoney:I also said same thing on another thread but people said binance have no effect https://www.nairaland.com/7989789/edun-cardoso-olukoyede-fresh-bid/4#128271774 1 Like |
Re: Crypto Currency Investors Thread by Allthelight(m): 1:31pm On Feb 20 |
ElectronicMoney:the price of everything in the online market is controlled by the top people binance is one of them. |
Re: Crypto Currency Investors Thread by Allthelight(m): 1:32pm On Feb 20 |
Do not joke with the people controlling the financial market |
Re: Crypto Currency Investors Thread by ElectronicMoney(m): 1:39pm On Feb 20 |
narite: This depreciation that Naira is experiencing has noting to do with Structural Adjustment Program SAP of anything related to the IMP this is pure artificial manipulation! You people can deny it all you want, it does not change the fact! Which yeye SAP policy will make Naira fall from N1,650 yesterday morning to over N1,820 today? A significant percentage of importers have suspended activities due to the very high exchange rate because if you import at such a high exchange rate no one will by whatever you are importing because purchasing power of the populace has been eroded. The depreciation is due to manipulation, that is the only logical explanation. 1 Like |
Re: Crypto Currency Investors Thread by united4men: 2:20pm On Feb 20 |
But why are vendors on binance not selling |
Re: Crypto Currency Investors Thread by united4men: 2:24pm On Feb 20 |
But why are vendors on binance not selling? |
Re: Crypto Currency Investors Thread by Crvrider: 2:31pm On Feb 20 |
Queseda: But the currency of other countries are also being traded, so why is Nigeria's case different? |
Re: Crypto Currency Investors Thread by OfficialP: 2:52pm On Feb 20 |
Those expecting deep btce retrace have missed d 65500 boat |
Re: Crypto Currency Investors Thread by GRACEGLORY: 2:57pm On Feb 20 |
GRACEGLORY: BTC is attempting a big move above $53K now. It’s going up in smoke 2 Likes
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Re: Crypto Currency Investors Thread by Chikacha: 2:59pm On Feb 20 |
ElectronicMoney: When there is a problem, the easiest pointer may not necessarily be the cause of that problem. Are you saying Naira is the only currency traded on Binance? The same Binance that is saving other countries from their government, the same crypto that wheels power to ordinary man, e reach our own, e don turn to our major problem. 4 Likes 1 Share |
Re: Crypto Currency Investors Thread by narite: 3:05pm On Feb 20 |
ElectronicMoney:You do not deeply understand how it works. You guys keep blaming artificial manipulation, the CBN rates is now at 1500 all the way from 900. Is Binance responsible for the CBN rate too? 10 Likes 3 Shares |
Re: Crypto Currency Investors Thread by OfficialP: 3:16pm On Feb 20 |
Ban binsnce let's see if dol won't hit 5000+ in a flash 2 Likes |
Re: Crypto Currency Investors Thread by okwentency: 3:39pm On Feb 20 |
yom2:Please, which quiz are you talking about? |
Re: Crypto Currency Investors Thread by Bullish99: 4:12pm On Feb 20 |
GRACEGLORY: We might not see 53k as close as it stands until after halving. See u at 43k soonest... 3 Likes |
Re: Crypto Currency Investors Thread by GRACEGLORY: 4:41pm On Feb 20 |
2 Likes
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Re: Crypto Currency Investors Thread by Bullish99: 4:46pm On Feb 20 |
Fastt: I said this long time ago when we were at N900 to a dollar and many came up saying Binance has nothing to do with the uptrend of dollar against Naira. The current situation of Naira isn't driven by economic conditions, it's purely speculation and manipulation by some unscrupulous people. Same happened to Russia ruble! Vladimir/Russian government gave Binance very high conditions that forced them out of Russia. Go check ruble now... 2 Likes |
Re: Crypto Currency Investors Thread by OfficialP: 4:59pm On Feb 20 |
Bullish99: Russia rubies every time, what of other countries currency that are on binanace, instead of u lot to face the realities, keep blaming binance, and not ur FG. 3 Likes 1 Share |
Re: Crypto Currency Investors Thread by FuckingNaira: 5:01pm On Feb 20 |
Bullish99:Lols. . . So, binance is also responsible for CBN own rate which is today 1,605|$ CBN Today intraday high 1,712 2 Likes |
Re: Crypto Currency Investors Thread by ElasmoBranchii(m): 5:13pm On Feb 20 |
Fastt: Come guys. Is it possible that other whales on binance that are not necessarily Nigerians are the cause of the sell pressure on the naira? For all I know, Binance only allows ngn spot trading, I don't trade forex but I think you can also short ngn with leverage in the forex market and the forex market has more trading volume so why do you say that binance with just spot trading is the cause of the selling pressure. 1 Like |
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