twosquare:
What can I assist you with?

armadeo:



This is profit bolded.

The December one isn't profit cos it would be wiped out soon by inflation. The money probably cannot buy what you could buy with it in December.

Chully01:
Usdt 1875
Even without trading I am in almost 300k profit because I have been unpatriotic since December 2023 ,changed all my naira savings to usdt.
2k usdt here We come

I also bought usdt at rate of 350 in the year 2016 or so

That one has even trippled in profit

Which way my country

Tsfari:



Like for real bro, this argument ensued sometime last year and the facts have not changed. BDCs operators currently use Binance to know current and prevalent rates … how is it difficult for some people to understand that any rate prevalent on a popular exchange platform will have effect in the real market place… we went ahead to show them screenshots of Merchants unnecessarily and arbitrarily manipulating prices : for instance u see a buy order at 1702 and the one following it will be 1745 and another at 1788… that’s unreal and does not reflect the true value of the naira. But a lot of them have failed to see these reasons and instead argue all the time … So let all man go with what they believe

SUPERPACK:
Only those that have used there money to buy goods and metals physically will enjoy this hyperinflation now. That your USD, USDT, Bitcoin or whatever gains are being corroded by triple digit inflation. See fuel price, rice, drugs, import duty all are rising with dollars too

Fastt:
I will soon be talking about all these online bank, opay and co. A simple SQL request by the government to simple weed out Nigerian counterparts Manipulators

BVN, Nin, crypto exchanges, passport, thumb prints, online banks opening left and right, onshore bank etc. The government has every right to these data, get them, make a query on them , regulate the economy. Not so simple,that's where you need data analytics. Read the data, you get your solution. The world is changing, and too fast, you need to appoint technical ppl in these delicate positions.

Crvrider:


Na statistics we go chop? Na this government you won give stats? Dey play? Very unserious bunch of people.

Superpack589:

Sell for me at the rate of 700/usdt. At least you still made 100% profit and you will be helping our currency to recover.

Crvrider:


Personally, I think it's common sense.

Can the BDC's be bigger than the banks?

Let the banks set their price to what it should be and let's see if the BDC's will not move the goal post. I am trying to imagine CBN mandating banks to sell at a lower price and making dollar readily available OTC, whofee would patronize the BDC's? Now even if you buy from the banks at a cheaper rate with the intention of selling high, nobody will patronize you because they know they can get it cheaper from the bank. So please you guys should leave Binance out of Nigeria's issues.

Infallible:
Binance website is not loading; we else has seen this?

Mamadf:

I have notice

Mamadf:

I have notice

Superpack589:
Please everybody, I have a suggestion. I think it will be a good idea for somebody here to create a forum like this one where we can discuss about crypto outside this place. This is just in case the Nigerian government wake up tomorrow and say this thread is one of the causes of naira devaluation and then pressure Seun to close it. These people are swinging their cutlass blindly. They have no clue on how to fix the economy at all. I no wan hear say any government ruin this my crypto journey with their nonsense policies.

Telegram group, website, or any other place we fit use as back up in case of any problem tomorrow.

What do y'all think?

I'm even beginning to think of getting starlink in case they wake up tomorrow and block internet access and say our access to information na why naira dy fall.

ElectronicMoney:


Forget about all these long stories Binan.ce is the reason for the rapid fall in the value of our currency, I have taken time to analyse the data

Superpack589:
Please everybody, I have a suggestion. I think it will be a good idea for somebody here to create a forum like this one where we can discuss about crypto outside this place. This is just in case the Nigerian government wake up tomorrow and say this thread is one of the causes of naira devaluation and then pressure Seun to close it. These people are swinging their cutlass blindly. They have no clue on how to fix the economy at all. I no wan hear say any government ruin this my crypto journey with their nonsense policies.

Telegram group, website, or any other place we fit use as back up in case of any problem tomorrow.

What do y'all think?

I'm even beginning to think of getting starlink in case they wake up tomorrow and block internet access and say our access to information na why naira dy fall.

Seun:
It's still working for me and I'm on mtn network.

Ibime:
@ oga jedisco,

Your PSG no gree pump even with Messi Balon d'Or oh

Luna hit my profit target which was ATH. If it comes back down toward $50, I may buy again

Still holding CRV, AVAX, EGLD, VGX and PYR on Binance

Tooreda:




Boss, I still ask for guide on how to get day's range. Honestly, I no just understand that part of it.

GRACEGLORY:




Looking at the charts

Seun:
It's still working for me and I'm on mtn network.

Eaglepixel:

If only you understood what fastt said, but your k-leg crv will not allow you

narite:

The moment that moniker electromoney says “BDC set the price for CBN”. I give up. I am amazed at how he continues to hold on to his judgment on a subject he/she is totally clueless about. Probably, he his politically bias as well as ignorant.

What does Binance itself set to gain from Naira free fall? Are they planning to have a vacation in Nigeria? This must be the reason for the devaluation so that they can buy more foodstuffs. Or Are They heavily invested in Naira and they are now dumping their holdings. Seriously, what could Binance gain from this? This argument is clown shït!!!

Seun:
It's still working for me and I'm on mtn network.

Infallible:
Binance website is not loading; we else has seen this?