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Nairaland Forum / Nairaland / General / Business / Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies (51783 Views)
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Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Officialhorlah(m): 12:28pm On Feb 06, 2021 |
Nigeria is the latest country to ban cryptocurrency trading as announced on Friday by the Central Bank of Nigeria. https://punchng.com/five-things-you-didnt-know-about-bitcoin-other-cryptocurrencies/ 26 Likes 7 Shares
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Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Molahnelson(m): 12:51pm On Feb 06, 2021 |
It has a consensus mechanism It use hashing algorithm It is distributed Ledger technology 58 Likes 3 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by inoki247: 12:53pm On Feb 06, 2021 |
Just say we should start rearing Cow.. Let's Embrace Cowtocurrency... Me I sha know on Judgement day when people get to heaven Gbas Gbos go shele dat Angel wey dey direct people to Nigeria go get issue..... 188 Likes 16 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Nobody: 12:55pm On Feb 06, 2021 |
buhari hate it buhari prefer cows to it 22 Likes 2 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by festacman(m): 12:55pm On Feb 06, 2021 |
The same old info. 7 Likes 2 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by LMS1(m): 1:21pm On Feb 06, 2021 |
Bitcoin When Me, Slawomirr And Bnaira The Use Ball Steadily Steadily ![]() Government Just Dey Jealous Say One Bit Coin Pas Minimum Wage Of A Worker In 10years ![]() 65 Likes 2 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by AFULA(m): 3:31pm On Feb 06, 2021 |
okay |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by NwaNimo1(m): 3:31pm On Feb 06, 2021 |
88 Likes 14 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by OneKinGuy(m): 3:31pm On Feb 06, 2021 |
Noticed how poor countries are the ones banning Bitcoin? 130 Likes 11 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by mach7(m): 3:31pm On Feb 06, 2021 |
Interesting information. No 6. Elon Musk likes Crypto ![]() 46 Likes 4 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by SavageMaster: 3:32pm On Feb 06, 2021 |
Instead of trading bitcoin, why not buy and hold it for some years. 52 Likes 5 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by datola: 3:32pm On Feb 06, 2021 |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Nobody: 3:32pm On Feb 06, 2021 |
I already knew these five things. Tell me something else I didn't know. Lubbish. 37 Likes 3 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Lanre4uonly(m): 3:32pm On Feb 06, 2021 |
Ok. It is noted. |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Abigirlsuen: 3:32pm On Feb 06, 2021 |
Interesting 4 Likes |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Great100000: 3:32pm On Feb 06, 2021 |
#BringBackCryptoCurrency ![]() ![]() ![]() ![]() ![]() ![]() 5 Likes 2 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by datola: 3:33pm On Feb 06, 2021 |
Officialhorlah: 4 . Cryptocurrency has been banned in Nigeria, China, Bolivia, Nepal , Bangladesh, Ecuador, Morocco and Iran. The bolded speaks volume. 13 Likes 1 Share |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Nobody: 3:33pm On Feb 06, 2021 |
Ok |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Debodimeji01(m): 3:33pm On Feb 06, 2021 |
Officialhorlah: Make we dey look them all... Na to look for another routes wire BTC and funds na... Boys aren't smiling. 5 Likes |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Magnumproperty: 3:33pm On Feb 06, 2021 |
Crypto crypto. Just when I am about to start trading. 6 Likes 2 Shares |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by younglleo: 3:33pm On Feb 06, 2021 |
We've heard, wat else? Will it make Buhari reconsider his cowish decision? 5 Likes
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Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by beloved961(m): 3:33pm On Feb 06, 2021 |
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Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Daniel058(m): 3:33pm On Feb 06, 2021 |
COWTOCURRENCY TO THE WORLD.. I LOST A WALL LOGIN WHEN crypto was @ less than $15k /Bitcoin ( lil amount was in it though) ![]() |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by GMBuhari: 3:33pm On Feb 06, 2021 |
Really?? |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Great100000: 3:34pm On Feb 06, 2021 |
BitCow 1 Like |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Dagger111(m): 3:34pm On Feb 06, 2021 |
Pls, i have 4 Bitcoin, who is interested in buying for God's sake. This ain't a joke pls. 9 Likes 1 Share |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by eagleonearth(m): 3:35pm On Feb 06, 2021 |
What will happen to our own Luno/Roqqu now? ![]() 1 Like |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by Racoon(m): 3:35pm On Feb 06, 2021 |
The irresponsible and suppressive government block forex and now block cryptocurrency.In so much that there are a security concerns as regards illicit cash inflow that need to be regulated, there is already a generalised state of insecurity nationwide & globally. 5 Likes 1 Share |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by realstars: 3:35pm On Feb 06, 2021 |
Na So? |
Re: Five Things You Didn’t Know About Bitcoin, Other Cryptocurrencies by beardedboy(m): 3:35pm On Feb 06, 2021 |
Simplilearn estimates that 60 per cent of cryptos are ghost because their owners have lost the address. Imagine this! Meaning that the guys behind btc are mining people's wealth steady. Personally, I think Nigeria has done well to ban btc. A country battling with cybercrime and embezzlement should stay far away from a cryptic system that makes it difficult to track the owners of wealth. Molahnelson: These jargons are the main reason why I dislike the stuff. Many people doing bitcoin trading sef don't know how it works. They only follow the crowd. 35 Likes 6 Shares |
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