Abdogood:
They same leaders will come back in 2023 to seek you vote with 5k and alot of people here calling them different names will still vote for them. Wonderful con3

softset:
I have always said it that this government is run by insane people. How could you just wake up and make such a decision?

I won't blame them, next election, if you like collect 5000 you will get worse treatment.

Look at NIN, some idiot just woke up and made a decision without putting lots of things into consideration, so I arrive Nigeria now with no way to get a phone number. Many government decisions are never thought through.

We deserve better than what we are getting, Nigerians are smart people, we should never settle for less , mediocrity should not be an option when choosing leaders.

I apologize for being part of those that encouraged people to vote for Buhari during the first election, I encouraged over 80 of my employees in Lagos to vote for him, I thought he was the messiah. I later realized that this man really has nothing much to offer. Someone that thinks today is Monday

Damsellady:


Please I have just two questions
1) Can i use my Nigeria atm card to deposit into my luno?

2) Can i sell my btc on luno and allow luno pay the money into my Nigeria acct

Necksonnel:


Stop saying what you don't know. Is nigeria the only country using cryto. Nigerian government kill naira. They devalue our naira currency to the extent that it doesn't make sense anymore. Then people start looking for alternatives to store their funds and bitcoin is the best to it. If you know about this things very well you will understand how bad it is for this country.

gambit24:
Mr thousandnia please $h**t the f**k up

cbrezy:
DEWKID check this thread.

grossintel:
You may be able to do that now, but soon not anymore. Luno is an exchange, and CBN will close their bank account in Nigeria which will stop them from operating legally. So they have to exit Nigeria.

teacherbim:

Gawd, that means I can't even invest more or withdraw,I pray they lift the ban, thanks.

capitalzero:


Exactly. Crypto is a threat to CBN, forex, stocks, bonds and other traditional financial institutions.
Criminals like drug barons also use crypto for money laundry.
If crypto overshadows traditional financial institutions, CBN will not able to make effective monetary and financial regulatory policy.
Also, wef with other world financial organisations is planning for great reset of currency. I do not know the detail.

adewale4jesus:

What of customers money with them

PuristForest:
Binance suspends NGN deposits. What will happen to existing funds in crypto wallets.

This only forces people that want to really trade to go to shadow markets and get more creative.

excellence44:

You obviously don't shit about crypto. Peer to peer will be effective only if there's an escrow service due to low level of trust. Again, how do expect crypto firms to transact base on p2p?
Think before you type.

Dynamiq:

Bros, is localbitcoins still working well for Nigerians?

DEWKID:


I just googled this post then login on nairaland saw that your mention opened it and if was same post you mentioned me

MasterPDON:
Will someone explain to me what the hell is going on
Nigeria's ban on crypto shouldn't affect crypto already in circulation, right?
How is dollar around 39.5k to 1BTC and naira is just around 17.7m?
Did the naira value just plummet down overnight?

Also, why is the chart on Luno in the last 24hrs bearish, and everywhere else, bullish?

FBIBOT:


It's simple just buying from cheaper source with credit/debit card and selling at higher price on other platform... I buy from binance.. And sell on quidax... That's no longer possible with this policy

Nerro042:


Seems like you know absolutely nothing about crypto man wow. About thirty to forty minutes ago i sold 57k worth of bitcoin to my guy Jack who is a vendor the rate was 477 per dollar. Now he sent me the money from his bank account to mine via a simple transfer. Now cbn can't stop bank transfers or know what the transfer was for that's simply p2p in a nutshell. So long as crypto wallets are still here only God in heaven can stop the trade

id911:


Send me a Pm, I might have a job for you.

munachiso58:
pls oooo i hope luno app is not affected??

excellence44:

You obviously don't shit about crypto. Peer to peer will be effective only if there's an escrow service due to low level of trust. Again, how do expect crypto firms to transact base on p2p?
Think before you type.

baddosky1:


Fixed!

baddosky1:


Funny thing is that Yorubas helped this Government to attain power in order to spite the Igbos...

Fastfoward to now...they are the ones at the receiving end!

Who voted more for Buhari apart from the core North? Yorubas

Which people are now suffering worst fate in the hands of Herdsmen after Benue and Plateau? Yorubas

Which tribe trades more in cryptocurrency in Nigeria? Yoruba

Now who will this news affect more? Definitely Yorubas

Wetin concern Emeka in Alaba Market or Ikechukwu in Onitsha main market with crypto!

Make they enjoy their CHANGE!

UncleKoboko:
lol Give me your findings please