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Nairaland Forum / Nairaland / General / Business / Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies (23020 Views)
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Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Goodman247: 11:46am On Feb 08, 2021 |
Take FG to court |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Nobody: 11:46am On Feb 08, 2021 |
SatantheDestroy: So you don't know you can be Scammed on localbitcoins. Buyers can send you fake transfer and then raise a dispute that he sent you money |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Nobody: 11:47am On Feb 08, 2021 |
privaldo: Transfer fees can eat you up. |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Regex: 11:47am On Feb 08, 2021 |
I think the best thing to do is for the affected to move to the neighbouring countries like Togo and open up there, we would buy their currency before buying crypto. A big loss for Nigeria. 1 Like |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Sparky01: 11:48am On Feb 08, 2021 |
thebosstrevor1:you just dey yarn nonsense... Is eth the only coin in the market.. What of coins on binance smart chain?? Stock prices no dey rise and fall?? Dundee forming woke. 3 Likes |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by CSTRR: 11:49am On Feb 08, 2021 |
Kingsley moghalu explained Nigeria under buhari perfectly yesterday on channels TV. So much adhocism. No deep thinking involved in policy creation, just trial and error. And who suffers? Ordinary Nigerians. FDi dropped from $20b to less than $9b, with the likes of Ghana and ivory coast now attracting greater foreign investment. It's not rocket science. 2 Likes |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by bcashy: 11:51am On Feb 08, 2021 |
thebosstrevor1: NGN withdrawal option has been deactivated on binance as at this morning |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by CSTRR: 11:52am On Feb 08, 2021 |
Buhari is building rails. Very Good But there is no proper economic policy to make those infrastructure contribute maximally to the economy. That is why Nigeria is experiencing sharp decline in investment even with those infrastructure. It's critical for Nigeria to adopt free market economy in 2023. And we need to elect a president that can do that. Only then will those buhari rails make sense. |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by bareal(m): 11:53am On Feb 08, 2021 |
thebosstrevor1: What are you saying? You keep saying the same thing while ignoring the answer to his questions. Na wah oh |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Nobody: 11:54am On Feb 08, 2021 |
Sparky01: Woke ontop of crypto...na wa ooh. Btc and ethereum is the most useful coins. The other coins you talked about are cheap to send because nobody uses them. Bitcoin and ethereum were cheaper to send until blocks became difficult to solve which led to high network fees. I have tested many coins and btc and ethereum is still the most accepted means of transaction on the mainweb. Crypto is not stock. 1 Like |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by CSTRR: 11:54am On Feb 08, 2021 |
Any body that talks about "closing shop to prevent rats" as a campaign policy is our worst enemy in 2023. Campaigns should be on the economy. 1 Like |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by cedricksly: 11:55am On Feb 08, 2021 |
thebosstrevor1:P2P will flourish, creating trusted escrow platform... Remitano has been working for a long time even without naira wallet... Strictly P2P while the platform works as escrow.... 1 Like |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by bareal(m): 11:57am On Feb 08, 2021 |
privaldo: Just ignore him, he's too simple minded!!! He doesn't even understand your question at all. Very dull of him |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by privaldo: 11:58am On Feb 08, 2021 |
thebosstrevor1: It may not be as bad as you think. |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by privaldo: 11:58am On Feb 08, 2021 |
bareal: ![]() ![]() |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by CSTRR: 11:58am On Feb 08, 2021 |
Nigeria transacts more bitcoins than the whole of the EU. If bitcoins appreciates as it is predicted and becomes an established currency, it means a lot of Nigerians will have lots of it. It would be like having millions of dollars in many Nigerian accounts. It would make Nigerians very prosperous and eliminate poverty significantly more than any poverty alleviation scheme. 3 Likes |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by id911(m): 11:59am On Feb 08, 2021 |
SatantheDestroy: @SatantheDestroy ![]() |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Nobody: 12:00pm On Feb 08, 2021 |
mmsen: Xmr is not cheap to send Ltc is not cheap. I know ripple is very cheap and fast to send Bch is expensive Doge is cheap The problem is how many merchants and exchanges accept all these coins, if you want to trade. I noticed most collect btc and ethereum, but you must have btc to trade on exchanges 1 Like |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by irumanle(m): 12:02pm On Feb 08, 2021 |
thebosstrevor1:You don't understand how crypto works so go and face your stock oga Ade. You have USDT which is equivalent to USD and stable at thesame time. Transfering some crypto coins like XRP is even way cheaper regardless of the volume than your CBN stamp duty. Youth like you need to be reoriented about life. Let us all collectively reject struggling and suffering as a way of life. Our leaders are weaponising poverty and you are here supporting their inhuman policy. Our parents accepted it that is why we are here. Where is the positive effect of border closure. Show me that of REMITA. Crypto is puting your future in your own hand rather than hoping in a useless and backward policies of theirs. I started crypto with 39k July last year, to God be the Glory I am a Million+ now. Na from barbing shop I go get 1M? Bleep the Goverment 9 Likes |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by rayvelez(m): 12:04pm On Feb 08, 2021 |
It annoyed me listening to Adamu on channelstv spewing trash on cryptocurrency, it just so bad sharing country with these set of people. |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by SenecaTheYonger: 12:07pm On Feb 08, 2021 |
They keep chasing investors away and the crying “why is there no dollar inflow.” |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by seunny4lif(m): 12:15pm On Feb 08, 2021 |
Please, which one did you invested in? I always the Crypto of a thing but don't know about it? Pls, can you share a little advice? irumanle: |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by lagdmark(m): 12:17pm On Feb 08, 2021 |
Veqtor:Abooki must you mention igbos. |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by IJEYdiamond(f): 12:19pm On Feb 08, 2021 |
Untill the unless idiots leaves power before... Things can be normal... the only normal thing to them is Killer fulani herdmen on rampage.... they cant ban them... |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by mmsen: 12:25pm On Feb 08, 2021 |
thebosstrevor1: Er, you are very wrong. Terrible intel. XMR tx fees are pennies, at most. Oftentimes less. https://www.monero.how/monero-transaction-fees Bitcoin Cash Avg. Transaction Fee historical chart Average transaction fee, USD | 0.000005 BCH Litecoin Avg. Transaction Fee historical chart Average transaction fee, USD | 0.00022 LTC ($0.033 USD) Doge is currently the most expensive of those to send - the tx fee is 2 doge which works at at 0.16 USD. Also, xrp is a centralized database and should not be considered in the same conversation. |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by samuelson06(m): 12:30pm On Feb 08, 2021 |
thebosstrevor1: You are very correct with your analysis. How can you operate PayPal from Nigeria? No way! When attention is turned to PayPal, those guys would sense it and block your account. Right from the beginning, i've never been a friend to this volatile currencies. The reason most people yield to it is because they can easily buy, hold it and then sell. But what exactly are you buying? What services did you render? No one can answer those questions. I think I support the CBN to go ahead with the ban. Monitoring crypto market can make you go mad. If you have a good stock working for you, please share with me let me buy as well. I've account with T212 and I'm very new to stock trading. |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Nobody: 12:30pm On Feb 08, 2021 |
irumanle: Shut up. Because you know about usdt, that means you know about crypto. You claim crypto is putting your future into your hands, how? Aren't people also losing all their life savings in crypto trading because of volatility It seems you think people use rice to buy 1 usdt or 2 xrp. Xrp is cheaper, how many people use it for transactions, how many times have someone sent you ripple and you converted it to cash. You claim you made millions from 39k ![]() You don't know me so stop typing rubbish.. 1 Like |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Nobody: 12:44pm On Feb 08, 2021 |
mmsen: I mostly use bitcoin, ethereum, ripple but ripple was the cheapest and the fastest of all. I have other coins which are cheap to send but most people dont use them for transactions, i just use those coins for short trading I |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Nobody: 12:48pm On Feb 08, 2021 |
samuelson06: I have no specific info on stock but this is my strategy. I don't invest in popular stocks. I only invest in companies with the potential of growth. I follow their news daily and try to see what important innovation they are making. A possible innovation can increase stock price. Try to read hudge funds letters, lot of secrets are there. 1 Like 1 Share |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by seunny4lif(m): 12:49pm On Feb 08, 2021 |
Which Crypto is good to invest in now? thebosstrevor1: |
Re: Crypto Dilemma: Banking Public, Regulators Differ On Cryptocurrencies by Vizconson(m): 12:49pm On Feb 08, 2021 |
thebosstrevor1:Oga stick to your stocks nah. What's your problem? You know very little about crypto but pride no go gree you comot hand for the matter. You lost money in crypto so we should not hear word again? Your are too emotional for the bizness, let people who get stone-cold heart do it and leave them in peace. You just carry wahala for head dey challenge anybody anyhow. 1 Like |
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