dotcomnamename:



Big risk

Ojix85:


Bro, you feel Bitcoin investments are ponzi schemes? I ask because i intend to learn from your perspective.

Personally, i feel they are simply speculative instruments rather than investment instruments.

Would like to read from you.

Ojix85:


Bro, you feel Bitcoin investments are ponzi schemes? I ask because i intend to learn from your perspective.

Personally, i feel they are simply speculative instruments rather than investment instruments.

Would like to read from you.

Investnow2017:


I find this article both instructive and quite enlightening.

Bitcoin’s rise in African markets is driven by an old Russian ponzi scheme: https://qz.com/1100886/bitcoin-in-africa-is-driven-by-mmm-mavrodi-ponzi-scheme/

Bitcoin is a RISK o .

Investnow2017:


I find this article both instructive and quite enlightening.

Bitcoin’s rise in African markets is driven by an old Russian ponzi scheme: https://qz.com/1100886/bitcoin-in-africa-is-driven-by-mmm-mavrodi-ponzi-scheme/

rookidmart:


LMFAO

Dude, MMM is dead since late last year/ early this year.
Are you not up to date?

Bitcoin has nothing to do with MMM, and it is not a Ponzi scheme.

[s]Weird that you look for news about YOUR country on a 'foreign' website, written by a foreigner.[/s]

Oh well...

latyph:
Please can someone kindly explain to me the idea behind interest being paid twice a year or quarterly. Does it mean that if the interest rate is say 12%, the 12% will be paid 2 times in a year? or the 12% will be broken down into 6% paid twice to make 12? Thanks.

Investnow2017:


I am not into Ponzi schemes. So i dont know.

amjustme2:
My Oga,
You for just answer the guy.
BTC is not Ponzi abeg. I take Jehovah name Beg you.

Bitcoin itself has nothing to do with Ponzi Schemes.

Investnow2017:

dotcomnamename:


How is reading foreign website about his country weird? Do you know how many foreigners reading nairaland and other nigerian websites about their countries on a daily basis? Just imagine how you reason? Smh

amjustme2:
In as much as I am not offering investment advice, But No serious minded investor should ignore bitcoin/cryptocurrency. Diversify a % of your investment into it. Some big risk takers have decided to go 100%. Its the best way to hedge funds against fiat currency inflation.

Yes, bitcoin and other cryptocurrencies are risky investments, notably due to volatility. But you should not ignore it. Because every risk can be managed.

Bill Gate, Richard Branson, Christine Lagarde, Steve Wosniak, Julian Assange, Eric Schmidt, Peter Thiel - These guys can not all be wrong.

The question is who do you listen to? What credibility do they have?

At the end it still a matter of choice. But in my opinion "DO NOT IGNORE BITCOIN/CRYPTOCURRENCY"

Cation:
12% interest is for the whole year, so if interest is paid twice in a year it mean 12/2=6% every six months and also if interest payout is quarterly it results to 12/4=3% payout every three months.

rookidmart:

Don't misunderstand me, man.

Did you read the article?

Their info is waaay outdated.

You can't compare the news you'll get locally with foreign news.

Yes i red the article from A to Z. You really need to also understand my point. Whether the article is outdated or not, reading foreign websites about the reader's country is not weird. That is my point and is very simple to understand. It is not a crime and it is not a new thing

amjustme2:
In as much as I am not offering investment advice, But No serious minded investor should ignore bitcoin/cryptocurrency. Diversify a % of your investment into it. Some big risk takers have decided to go 100%. Its the best way to hedge funds against fiat currency inflation.

Yes, bitcoin and other cryptocurrencies are risky investments, notably due to volatility. But you should not ignore it. Because every risk can be managed.

Bill Gate, Richard Branson, Christine Lagarde, Steve Wosniak, Julian Assange, Eric Schmidt, Peter Thiel - These guys can not all be wrong.

The question is who do you listen to? What credibility do they have?

At the end it still a matter of choice. But in my opinion "DO NOT IGNORE BITCOIN/CRYPTOCURRENCY"

dotcomnamename:


''Yes, bitcoin and other cryptocurrencies are risky investments''

The bitter truth is: Trust your own instinct. Your mistakes might as well be your own, instead of someone else’s.” — Billy Wilder

Investnow2017:


My dear brother, I agree with you. I think the concern lies in being able to find the credible platform. With all the myriads in the maze

Kevostica:

U have succeeded in convérting this thread to bitcoin

Not at all, i'm even trying to wipe them outa here. In Investnow2017 voice, I am not into Ponzi schemes.

amjustme2:
I have a few success tips with Bitcoin & Cryptocurrency investments, I can share with you or anyone else, but not on this thread. I have already derailed it enough.

There are credible platform, even with "myriads in the maze".

Lets meet at the basement.

dotcomnamename:


Not at all, i'm even trying to wipe them outa here. In Investnow2017 voice, I am not into Ponzi schemes.

slegerman:


18%

Ugosample:
You guys should please not derail this thread.

Let's stick to the topic