xjiggy:
exactly what I'm saying. To make such u need substantial capital to trade with. These guys are yet to convince me how they got their initial capital for investment.

Young man no one need to convince anyone.

Shortcut2life:


You’re stupid and a lowlife idiot you no fit but car course that’s your value and worth in your wallet .. you can’t be the on the same level with them jealousy kill you there .. no go trade binance futures shogbo

Maybe you should check my trends before you call me a lowlife. I'm pretty sure my life is better than yours and I can help you stay healthy for a few years if you live in my house.

xjiggy:
Don't understand how these boys confidently present themselves as Bitcoin dealers or forex traders. These businesses are based on margins. How much dollars do u have to trade to make enough to buy these expensive cars. What was your initial capital? Are you saying you're more knowledgeable than the Mallam trading dollars for the past 20yrs. How can you gains be so exponential in such a short period. If you understand the cryptocurrency world, you'll know these boys are nothing but ordinary fraudsters. It is far more believable to claim to be an app creator.

Dont put mouth in something you dont understand
Any trader in crypto who knows his onions can net 30 to 100kusd in a month

Cars are toys

iwillmakeit:


Ignorance or what nonsense did you just typed? You can trade Bitcoin since 2014 and end up been a failure in crypto. Tell me what was the initial price of 1 BTC when it was created. Once you have done that then you need to Google USD/NGN exchange rate in 2009/2010. In case you don't know listen to this; those who are smart in making money in crypto only buy the deep, hold it and allow it to appreciate 100*, 1000* and then sell to make unbelievable profit. I guess you are a day trader who wants to get rich quick by doing day trading and the end up wasting your capital. People like you don't believe
in long time investment. Let me advice you, be a long time holder and stop day trading if you want to be successful in crypto.

Boss no too much talk, send me your WhatsApp or your email and I’d show you my trade history as well as my bank statement so you see how much I traded btw 2019 and 2020 alone... i do not day trade, and I also mix currency trading with my crypto trades... I can show you better than I can tell you, I’m not here to cap or for long talk... Any novice with google can tell you how much btc was it’s first year... If you’re so vast, what was the percentage change in the price of btc this year alone?

iwillmakeit:


Bro your investment of just 50,000 Naira can give you over 10M Naira in crypto. Try to seek for knowledge. 1 Bitcoin was 0.01$ in year 2010 and today the same 1Bitcoin is over 17,000$. If you have invested just 16,000 Naira in early year 2010 in Bitcoin, your 16,000 Naira is over 170 billion Naira today. You people should stop making comments on topic you lack knowledge.

Bros, can I private chat you...

[quote author=Dididrumz post=96524963]Why release one and hold the rest? [/quote
Half bread is better than none

helinues:
Bitcoin dealer indeed...

why you no get sense?

Hmmm.


Sth is fishy.

FlyHeight:


Bros that’s not entirely how it works, but I’d let you wallow in ignorance... I trade BTC actively and have done so since 2014, you need block to make block period...

With good fortune on your side as well.

[quote author=jasmine1600 post=96524931]As if they are fighting crime, politicians loot Nigerians per seconds yet no one is being jailed. All the cars the claimed “recovered” were shared to the same politicians and Magu boys. Same thing happened to mompha, We have a faceless president, so any goes. [/quote


Cold bottle of bitters for you

helinues:
Bitcoin dealer indeed...

Bro there is big money opportunity is cryptocurrency, aka bitcoin, someone can make millions of naria in just one year if you know what you are doing, Am into it and I know what am talking about, Nigerians youth need to update their self with current happenings in the world,

Kelvin30286063:
Hmmm, I trade bitcoin too and I can't afford 3 cars yet. Stupid liar. They will be doing fraud and use Bitcoin, iTunes, logistics and importation to cover up.
The real question is, who in the world will trade bitcoin with a Nigerian living in Nigeria?

Update: all of you quoting me... I know why you're cursing. It's obvious it hurts to know the truth. Keep fooling yourselves in the name of trading bitcoin and iTunes. The most important thing is you're making money and you're not carrying a gun. I'm not one of the people that condemns fraud cuz I know Nigeria would have become inhabitable if not for it. Peace!

And for those of you calling me low life... Maybe you should check my trends before you call me a lowlife. I'm pretty sure my life is better than yours and I can help you stay healthy for a few years if you live in my house.

Who in this world will trade bitcoin with a Nigerian in Nigeria? Really? Educate yourself, you have the internet. Stop embarrassing yourself online. This is 2020 for goodness sake.

Kelvin30286063:
Hmmm, I trade bitcoin too and I can't afford 3 cars yet. Stupid liar. They will be doing fraud and use Bitcoin, iTunes, logistics and importation to cover up.
The real question is, who in the world will trade bitcoin with a Nigerian living in Nigeria?

Update: all of you quoting me... I know why you're cursing. It's obvious it hurts to know the truth. Keep fooling yourselves in the name of trading bitcoin and iTunes. The most important thing is you're making money and you're not carrying a gun. I'm not one of the people that condemns fraud cuz I know Nigeria would have become inhabitable if not for it. Peace!

And for those of you calling me low life... Maybe you should check my trends before you call me a lowlife. I'm pretty sure my life is better than yours and I can help you stay healthy for a few years if you live in my house.

Why not pray for success? Trading of BTC is not a full time job , it is just a side hustle to me

and i only attend to 1 or 2 customers every 2 days because because i no too get customer

Brother, i do make 100k to 200k on it sometimes and that is at least 1m every month.

Not to talk of blord that is trading Full time and he has been into it for years.

xjiggy:
Don't understand how these boys confidently present themselves as Bitcoin dealers or forex traders. These businesses are based on margins. How much dollars do u have to trade to make enough to buy these expensive cars. What was your initial capital? Are you saying you're more knowledgeable than the Mallam trading dollars for the past 20yrs. How can you gains be so exponential in such a short period. If you understand the cryptocurrency world, you'll know these boys are nothing but ordinary fraudsters. It is far more believable to claim to be an app creator.

Xrp increased over 200% within 1week, if you’ve invested 50M last week into Xrp, XRM and co

You will have extra 50M soft, everyday is not Christmas but it you are really into crypto... your growth can be exponential.
Don’t judge others based on your own failure

Most Nigerian cant differs between aboki/central trading for BTC. Blord and ur friend who tell you that he buy and sell btc and the Patricia app etc that we see on tv that are mostly common in Nigeria are OTC blackmarket. Some of them buy from you to re-sell on platform like Remitano which is provide p2p platform in otc format. I don't like to argue trading with people because those who make trading money are not in Nigerian and it central market that is where the game is played. if u can't understand the kind of trading blord and most Nigerian are doing it means you're not into blockchain ecosystem. Like I earlier said. it is unja gullible people who sell their btc to them. The platform to sell bitcoin are available without the need of blord and patricia app etc. Blord is aboki btc traders simple>if he into central trading he will be more into technical trading chart and pattern. I don't know if he use btc trading to cover up for other illicit deal but it is fraudsters who mostly sell their btc to them and EFFC know this.

Efcc or sister Agencies will never come to your house without stealing anything... If u no find anything implicating why stealing from the young man kilode... Go abroad and u will know Nigeria Youths are way behind, u see how small boys flash expensive things every hear and there u will curse the founding fathers of Nigeria

Born2conquer:

Xrp increased over 200% within 1week, if you’ve invested 50M last week into Xrp, XRM and co

You will have extra 50M soft, everyday is not Christmas but it you are really into crypto... your growth can be exponential.
Don’t judge others based on your own failure

You throwing around figures as if they are easy to come by. Legitly Make the 50million first. I live in my own house in lagos with two cars. If that is what u call a failure, i rest my case

GavelSlam:


With good fortune on your side as well.

A lot of it

The average Nigerian law enforcement officer is a criminal. Don't ever argue it.

i don't think you understand the argument the very few sensible ppl are putting forward . NO ONE IS DISPUTING THAT BITCOIN CAN TURN SOMEONE INTO A MILLIONAIRE IN A YEAR ,
but what they are saying is the margin of profit , what most of u fail to accept is that most ppl who claim to be dealing in btc are not dealing only in btc they are also into other online crypto businesses apart from btc , some are into currencies , some are also into illegal stuff like money laundering,while some are just on gift cards buying and selling which is also a gold mine , but to say that 50k naira will become 10m in year by trading btc is somehow unbelievable . before you can make the kind of profit of 10m in a year that means ur initial capital isnt 50k , it will be a substantial figure .
this is why ppl get scammed easily and why scammers fed fat on people , they offer them high returns which makes people think bitcoin trading is like money ritual , . yes you can make million from it but the capital has to be huge and you have got to have some bit of luck by your side

Born2conquer:

Xrp increased over 200% within 1week, if you’ve invested 50M last week into Xrp, XRM and co

You will have extra 50M soft, everyday is not Christmas but it you are really into crypto... your growth can be exponential.
Don’t judge others based on your own failure

To hit it big in crypto trading, let's say you invested ₦200,000 into btc when it was $3350 for 1 Btc between late last year, your btc would have turned to like ₦1,2m at about when btc hit $19,400+.

So to actually be a big man trading crypto, you must have at least invested up to ₦2M from last year.

Except you put that ₦200k since when btc was below $1k, you can't build a house and have 3 cars from trading btc alone.

I am opened to superior argument.

If I am opportune to be efcc boss, I will reform the system without looking back

somehow:
To hit it big in crypto trading, let's say you invested ₦200,000 into btc when it was $3350 for 1 Btc between late last year, your btc would have turned to like ₦1,2m at about when btc hit $19,400+.

So to actually be a big man trading crypto, you must have at least invested up to $2M from last year.

Except you put that ₦200k since when btc was below $1k, you can't build a house and have 3 cars from trading btc alone.

I am opened to superior argument.

BTC is not the only cryptocurrency. Some other coins have multiplied as high as *100. Lets say I invested 200k in a cheaper alt coin, and this coin multiplied by 100 during a mega rally like 2017/2018. My money would be about 20 million naira just like that. People have become millionaires in dollars through this. You don't need to invest millions to hit big in crypto.

Sysdatek:



Lol your a disgrace to traders

Learn from whales and stop calling yourself a trader

What's is 3 cars
When some nigerians are trading millions of dollars

Every hungry man calling himself crypto trader these day

you're a real whale bro.. safe sailing

please where do you recommend I learn basics of crypto trading from?

bro could you please help me out on starting out with basics of trading. I would love to learn from you. I currently have a Kickstart capital of $100 already Sysdatek please help a brother. I want to learn this for the long term reason . big thanks in advance bro

I don't know why Nigerians still doubt the opportunities in the online space — is it ignorance or frustration?

The arguments above:

Some are coming from the angle of small profit margin and the need for huge initial capital (even comparing trading with BDC). While the argument may seem sensible on the surface, it shows lack of knowledge of online trading. There's what we call leverage in financial trading. It's the ability to trade with several times your account size. It's a double-edged sword though — it can help you maximize profits but can also increase your losses if you're unlucky. So, don't compare online trading with BDC. Another point that defeats this huge initial capital argument is that family and friends give these guys money to trade for them once they notice that the person is consistently profitable.

The other group are arguing or even bragging about the enormous profit they can make from trading. While huge profits are possible, they don't come easily.

The third group arguing from the angle of position trading. Yes, some people with the foresight saw Bitcoin as a store of value with growth potential, and they may have benefited from that. But it's not easy to trust Bitcoin at that early stage. Many of us didn't, and it's one of my biggest regrets. A female friend of mine made me buy over 1m worth of Bitcoin in late 2016 @$600 per BTC, but I was impatient and sold them off in early 2017. By December 2017, it was almost $20,000/BTC. That's more than 3,333% increase — the 1m would have become over 33m.

My point is, don't doubt the opportunities in financial trading. It has made many millionaires billionaires. But it's not that easy — a lot of technical knowledge and psychological skills are required.

@ the victim, get a sound lawyer. EFCC and other security agents do this nonsense because our lawyers aren't kicking their arses. If they spend a huge percentage of their yearly budget paying damages for wrongful arrests and malpractices, nobody will tell them to sit up.

helinues:
Bitcoin dealer indeed...

Abi.... Like say e dey mine am

Sysdatek:


Dont put mouth in something you dont understand
Any trader in crypto who knows his onions can net 30 to 100kusd in a month

Cars are toys

Story.... Olosho sef dem na actress.

ceejayluv:

Abi.... Like say e dey mine am

If he's guilty, why haven't they charged him?

If he's innocent, why keep his properties?


When will Nigerians be emancipated from mental slavery? Why are things upside down?

I keep saying it; I blame the lawyers for all these nonsense.

film3four:
This is Blord, an Awka based bitcoin dealer. In this video he accused EFCC of seizing his 3 cars and only released one. He was questioning the rationale behind such action even when nothing incriminating has been found against.

https://www.instagram.com/p/CIGsTU4jh7X/?igshid=kurl1vhpv8h3


https://www.youtube.com/watch?v=x7IKNA-pa4s

Something does not sound right. Please see a lawyer ASAP.

The Administration of Criminal Justice Act 2015 recognizes that an arrested suspect has property rights, and that is why,

1. It requires the arresting officer to make an inventory of items belonging to the arrested suspect following the conduct of searches on him and before the case heads to court Section 10(1) Administration of Criminal Justice Act 2015

2. It mandates the authentication of the list of seizures with the signature of the police officer and the arrested suspect, although it is immaterial that the arrested person refuses to sign Section 10(2) Administration of Criminal Justice Act 2015

3. It allows for the handing over a copy of the inventory to the legal practitioner of the accused or any other person of his choice Section 10(3) Administration of Criminal Justice Act 2015

4. If third party rights are affected by a seizure of property in the course of the exercise of the power of arrest, it permits their release on bond pending arraignment of the suspect Section 10(4) Administration of Criminal Justice Act 2015

5. If third party rights are affected by a seizure of property in the course of the exercise of the power of arrest, and a person or person either owning or having interest in the seized property reaches out to the police officer in charge of the case, and the police officer in charge of the case refuses to release the property to such a person or persons, such a police officer is obligated to inform the court that he has conducted a search and seizure of the property of the arrested suspect and also detail the property so detained to the court Section 10(5) Administration of Criminal Justice Act 2015

6. It then behooves on such a court receiving the report made according to the requirement of Section 10(5) Administration of Criminal Justice Act 2015 to conduct an enquiry so as to determine if there are any third party rights affected by all the property seized or a part of the property seized, and if it so finds, then it will determine that such property or a part of the property so affected be released/returned to the person or person so affected in the interests of justice Section 10(6) Administration of Criminal Justice Act 2015

7. It authorizes the release of the detained property of an arrested suspect if the following conditions are true: (i) the investigation is inconclusive as evidenced by his not being charged before a court; (ii) the property is not connected to or a proceed of crimes Section 10(7) Administration of Criminal Justice Act 2015

These provisions are in alignment with Section 43 and Section 44 1999 Constitution of the Federal Republic of Nigeria (as amended) which details the right to acquire immovable property and the right to freedom from indiscriminate takeover of movable and immovable property except by lawful means

Your rights when law enforcement is conducting a search is treated here:

https://www.youtube.com/watch?v=1feb4nOOOLo

Your rights when arrested by law enforcement is treated here:


https://www.youtube.com/watch?v=Y90xMqjN0lw

https://www.youtube.com/watch?v=ASOFrb8MJmw

https://www.youtube.com/watch?v=FhwtGp15DnE

https://www.youtube.com/watch?v=yMgZXkXKQaM

https://www.youtube.com/watch?v=Is6Z33yw2ak

Kelvin30286063:

Maybe you should check my trends before you call me a lowlife. I'm pretty sure my life is better than yours and I can help you stay healthy for a few years if you live in my house.

Your papa have you seen where I live as well .. I will be the one to house you unfortunate bitcoin idiot.. see this bastards you think Na everybody broke like you drop the pictures of Yours and I will do mine let’s compare ..

Macsjebs:
Too bad, is there a law against trading bitcoin

Ermmm, Chief, just bfore you ignore my comment, lol kindly, briefly, in a jiffy, see my signature , thanks

Bitcoin is not legit In Nigeria yet