₦airaland Forum

email me ,

Check my signature.

greatmind2020:
pls, you need to carry me along: shcom

Lol.

Gbam!

feelamong:
Prepare your selves for far lower rates in Treasury Bills.

As we speak, we are now seeing single digit rates for many Bills in the Secondary market.

Unless Emefiele comes with an aggressive OMO auctions in the new year (which we very well doubt) its time to invest re evaluate Tbills Investment if you want high yields on your money

This is not an investments,
This is a matrix payment.
Take from me new member , and give u old member,
This is going to end in 1- 3 months.

Hence don't waste your money in this.

stechi:
I've got few I have invested in and they are paying realtime and the one that amazes me more is the one for Telegram Chat App users. They are Bitcoin bot and Litecoin bot with minimum investment of 0.01BTC and 0.1LTC, instant withdrawal once you want to withdraw anytime, because it pays every 6-hours and total of 1.2%daily.
Below is a screenshot of how the frequency of earning is received regularly on your bot and also how the function buttons would appear on your bot.

I can't drop the link here, feel free to send me an email with the subject "Telegram bot" so I can send you the link.
Remember you need to have the Telegram App installed on your device before you can join. And its a wonderful community of investors because automatically you would also be added to the Telegram group chats where you meet other global investors, sharing their testimonies with proofs.

https://www.youtube.com/watch?v=WOUZxG1JcGI&feature=youtu.be

Life of a bitcoin HODLer

If you have any Cryptocurrency program paying you, bring it up
Let's talk about it, if its something real and sustainable, many could benefit from it

LOL. Its I agree 100%.

dotcomnamename:
[s][/s]

All RISK . No heart attack in Treasury Bills because it is safe and you will sleep well!

Only you know the answer to that.

Terminating TB will result in penalty

How much is the funds on your Dom account yielding??

Should decide to take from there, ask them to pay you in USD
You can exchange locally for maximum amount.

anitank:
Good morning people,

Please I have an important question and was hoping I get answers here. I need urgent funds for something. Although I had a budget for this particular thing and kept money aside for it, but we know not everything goes as planned in this life. Now, What would be a better option..

To terminate one of my treasury bills that is due to mature in May, although I might lose very little because I bought it at 18.4%

Or

To just take money from my dollar account and change to naira with the hope of replacing it later.

Which option would a smart investor go for? Note: the thing I need the money for is in no way yielding any profit for me.

GMO Internet Inc., a multi-billion dollar Japanese technology conglomerate, will process salaries of its 4,710 full-time employees in bitcoin.

According to the official statement of GMO Internet, employees within the company and its subsidiaries will be able choose to receive their salaries in bitcoin with the newly integrated payroll system in the near future.

“The GMO Internet Group has decided to introduce a system that allows part of the salary payment to be received as bitcoin in order to promote ownership of our domestic employees’ virtual currency,” read GMO Internet’s statement obtained by Bitcoin.com.

At first, GMO Internet will limit the amount of bitcoin employees can receive on a monthly basis to 100,000 yen, around $881. As the number of bitcoin-receiving employees increase and the new payroll system continues to operates seamlessly, the company will increase the maximum limit of $881.

GMO Fully Committed to Serving Japanese Bitcoin Market
In May, GMO announced the launch of Z.com Coin, a cryptocurrency exchange targeted at institutional investors and retail traders, to address the rapidly growing demand from investors within the traditional Japanese finance sector for bitcoin.

Since May, for more than seven months, GMO’s Z.com Coin have been operating a cryptocurrency FX and cryptocurrency trading platform, as an exchange regulated by the Japanese Financial Services Agency (FSA). At the time, GMO emphasized that the Japanese cryptocurrency market could reach a market valuation of 1 trillion Japanese yen (JPY) in the next few years, expressing their optimism towards the exponential growth rate of the Japanese cryptocurrency market.

In October, GMO revealed the company’s long-term plans to compete in the global bitcoin mining industry, challenging dominant players within the market such as Bitmain. The firm stated that it will design and manufacture its own ASIC miners and mining equipment in partnership with a local semiconductor manufacturer.

“We will use cutting-edge 7 nm process technology for chips to be used in the mining process, and are currently working on its research and development with our alliance partner having semiconductor design technology to realize high performance computer for mining. It will be possible to reduce power consumption compared to the existing mining machines with the same performance, and achieve a computational performance of 10TH/s per chip,” said GMO.

GMO further emphasized that its mining center and operations will relocate to Northern Europe to utilize “plentiful renewable energy” and take advantage of the regions’ naturally cold climate to prevent ASIC miners and bitcoin mining equipment from overheating.

In the upcoming months, GMO is expected to allocate nearly 10 pecent of the company’s capital in improving its cryptocurrency exchange and mining ventures, to remain at the forefront of Japan’s cryptocurrency market.

Importance of GMO’s Bitcoin Payroll
Currently, bitcoin is widely adopted and recognized as a robust store of value and censorship-resistant money. The majority of bitcoin holders utilize the cryptocurrency to store or transfer their wealth. As such, several analysts including JPMorgan strategist Nikolaos Panigirtzoglou and ACG Analytics strategist Larry McDonald noted that bitcoin is already penetrating into the multi trillion dollar market of gold.

GMO’s integration of bitcoin into its payroll system participated by thousands of employees is crucial because it sets a precedent across the nation and for other conglomerates in the country. Given that bitcoin is a legal currency in Japan, in the long-term, an increasing number of conglomerates will likely adopt bitcoin as a payment method.

https://www.cryptocoinsnews.com/multi-billion-dollar-japanese-tech-conglomerate-pay-employees-bitcoin/

Everyone is getting caught up in Cryptocurrency fever, even Bank of America
Bank of America Wins Patent for Crypto Exchange System

Bank of America may be looking into cryptocurrency exchange services for its corporate clients – or at least keeping its options open should they become interested.

In a patent awarded by the U.S. Patent and Trademark Office on Tuesday, the second-largest bank in the U.S. outlined a potential cryptocurrency exchange system that would convert one digital currency into another. Further, this system would be automated, establishing the exchange rate between the two currencies based on external data feeds.

The patent describes a potential three-part system, where the first part would be a customer’s account and the other two would be accounts owned by the business running the system. The user would store their chosen cryptocurrency through the customer account.

The second account, referred to as a "float account," would act as a holding area for the cryptocurrency the customer is selling, while the third account, also a float account, would contain the equivalent amount of the cryptocurrency the customer is converting their funds to.

That third account would then deposit the converted funds back into the original customer account for withdrawal.

The proposed system would collect data from external information sources on cryptocurrency exchange rates, and use this data to establish its own optimal rate.

the post Bank of America Wins Patent for Crypto Exchange System appeared first on
https://www.coindesk.com/bank-of-america-outlines-cryptocurrency-exchange-system-in-patent-award/

Likely $35k-40k.

That's the more reason everyone needs to take this more seriously

Emmey67:
Bitcoin is now $15,000

I am sure it will be $20,000 before next year.


Of please continue with your updates.

I am following

Maybe I shd PM u,

ihedioramma:
I has but what are you trying to say?

keep calm, it will come
Only make make sure your phone is fully charged!

eniorisha:
I gat 127 days @ 15.5% on 950k investment. I opted for my interest to be paid upfront. I av dt exact amount on d acc to be debited for d investment and av been debited already but still expecting my interest. I hope d interest won't tarry for long?

great News,
Bitcoin Bitcoin bitcoin
now over $13,000

If you are not stock piling bitcoin you are doing yourself harm.

We are now at an S-Curve segment.
Whales and bears are out.

Check the snapshot, its a conversation between both of us 7 months ago.


go back to page 299.

ihedioramma:
Don't understand sir/ma .

Ogas:

comeandcollect
ihedioramma

still recall this posts 7 months ago? (Snap Shot below)
Page 299.

If you are following the Fintech News, you will know how far,

I will not say I am the smartest decision maker,

but its the best decision I have made about business and investments till date.

Right now, my views have not changed.

THE WINKLEVOSS TWINS HAVE MARK ZUCKERBERG IN THEIR SIGHTS

Brothers Cameron and Tyler Winklevoss, whom Mark Zuckerberg once promised to “f--k . . . probably in the ear” over their claim that they generated the idea for Facebook, and who were subsequently immortalized in The Social Network, have long dreamed of getting even with their former Harvard classmate. And although the courts quashed their subsequent legal appeal after they settled with Zuck for $65 million—$20 million in cash, $45 million in Facebook stock—they may at long last have exacted some measure of circuitous revenge. Back in 2013, they invested $11 million of the settlement in bitcoin, or what they claimed was about 1 percent of the entire cryptocurrency’s dollar-value equivalent. “We have elected to put our money and faith in a mathematical framework that is free of politics and human error,” Tyler declared upon making the investment.

That election was regarded with skepticism: “To say highly speculative would be the understatement of the century,” Steve Hanke, an alternative-currency specialist, told The New York Times at the time. But the former Olympic rowers’ choice has paid off: after recent surges in the value of the cryptocurrency—last week bitcoin surged past $10,000 and now trades at over $11,000—the Winklevii are said to be bitcoin billionaires in what is considered to be the first billion-dollar return made by any cryptocurrency investor. (When they first invested, bitcoin traded at $120.) Their digital currency exchange, Gemini, which they launched in 2015, is now used all over the world, although their attempt to create an exchange-traded fund for bitcoin was rejected by the S.E.C., citing the possibility of fraud.

Bitcoin’s meteoric rise may be showing signs of a bubble: last week its price dropped $1,000 in 10 minutes, plummeting below $10,000 just after hitting its over-$11,000 all-time high. Still, the twins’ early comments about bitcoin appear to have been prescient. “People say it’s a Ponzi scheme, it’s a bubble,” Cameron said in 2013. “People really don’t want to take it seriously. At some point that narrative will shift to ‘virtual currencies are here to stay.’ We’re in the early days.” Cryptocurrency mania has since overtaken mature financial markets, with major institutional investors looking for ways to gain exposure. Dozens of crypto hedge funds have sprung up. And bulls point to the fact that bitcoin, despite its nearly $200 billion market cap, still represents less than 2 percent of any other major asset class.

Their returns still pale in comparison to Zuckerberg’s, whose net worth hovers around $70 billion. But as the twins explained to my colleague Nick Bilton in an interview this summer, cryptocurrency may yet be more lucrative—and more transformational—than Facebook ever was.

The Post - THE WINKLEVOSS TWINS HAVE MARK ZUCKERBERG IN THEIR SIGHTS
first appeared on VanityFair Magazine

https://www.vanityfair.com/news/2017/12/the-winklevoss-twins-have-mark-zuckerberg-in-their-sights

This one be boys na,,
old papa them be

Turkey Central Bank Admits Bitcoin is a Threat to Global Banking System

Earlier this month, Turkish Central Bank Governor Murat Cetinkaya emphasized that bitcoin could contribute to global financial stability with its decentralized and peer-to-peer (P2P) financial network.

Turkish Central Bank Feels Threatened by Bitcoin

The decentralized structure and nature of bitcoin completely eliminates the necessity of central entities and authorities within the network to settle transactions between two parties. Anyone within the Bitcoin network can freely and seamlessly send and receive transactions without intermediaries.

As such, the research paper of Bank of Finland, described bitcoin as a “marvelous” decentralized financial network, because it operates with its own rules and monopoly by effectively creating a new economy.

“Bitcoin is a monopoly run by a protocol, not by a managing organization. Familiar monopolies are run by managing organizations with discretion to determine and then change prices, offerings and rules. Monopolies are often regulated to prevent or at least mitigate their abuse of power,” the paper of the Bank of Finland read.

Several governments and central banks including the Turkish Central Bank are concerned with the impact bitcoin has imposed on the global finance industry over the past year, and how it could continue to evolve into a premier store of value, eventually overtaking gold and eventually, reserve currencies like the US dollar and Japanese yen.

If bitcoin continues to grow at an exponential rate in terms of daily transaction volume, daily trading volume, user base, infrastructure, and adoption by major financial institutions, bitcoin will inevitably become a major component of the global finance sector and a competitor to both government-issued fiat currencies and central banks.

“Digital currencies pose new risks to central banks, including their control of money supply and price stability, and the transmission of monetary policy, Cetinkaya said. Even so, the Turkish central banker said that digital currencies may be an important element for a cashless economy, and the technologies used can help speed up and make payment systems more efficient,” wrote Eric Lam of Bloomberg, who covered the conference attend by Cetinkaya in Istanbul in early November.

Bitcoin Has Become a Challenge For Central Banks

Bitcoin has become a challenge for many governments and central banks, primarily because it forces the authorities to make one of the two decisions; either adopt bitcoin and be at the forefront of bitcoin development or isolate its economy by rejecting bitcoin.

Various studies including Facebook IQ’s research have demonstrated that over 90 percent of millennials across the globe have lost trust in banks and major financial institutions. Millennials feel disconnected from banks, and believe that the banks do not understand or address their necessities.

Consequently, prominent venture capitalist and A16Z partner Balaji Srinivasan stated that by 2040, millennials will have never known a world without bitcoin.

“By 2040, everyone under 30 will have never known a world without Bitcoin. It may as well be gold. That’s the long-term case for replacement,” said Srinivasan.

With the crackdown on fraudulent activities of commercial banks and the decline of the global fiat currency system, bitcoin is at an optimal position to evolve into the next global currency. The Turkish Central Bank feels threatened by the rapid growth rate of bitcoin, as it could render its existence unnecessary in the long-term.


************
More reason why you should not sit on the fence.

Email pm

OwolabiAbayomi:
Am in sir... Kindly mail me sir opzydo

James Altucher predicts bitcoin will reach $1 million by 2020
Outspoken libertarian and MGT Capital Investments CEO John McAfee tweets he predicts bitcoin will reach $1 million by the end of 2020, double his previous forecast.

"I'll say $1 million by 2020, as well, easily," James Altucher says on CNBC's "Squawk Alley." "There's 15 million millionaires around the world. All their financial advisors are going to say, 'Hey, buy a bitcoin. You need some exposure."
Bitcoin hit a record high of $11,377.33 earlier this week.
James Altucher Bitcoin 'easily' can get to $1 million by 2020: Formula Capital's James Altucher
18 Hours Ago | 00:48
Self-help guru and former hedge fund manager James Altucher thinks bitcoin will reach $1 million in three years.

Bitcoin surged to a record high of $11,377.33 Wednesday morning, according to CoinDesk. Outspoken libertarian and MGT Capital Investments CEO John McAfee subsequently tweeted that he predicts bitcoin will reach $1 million by the end of 2020, double his previous forecast.

When CNBC asked Altucher if he agreed, he said yes.

"I'll say $1 million by 2020, as well, easily," Altucher said Wednesday on CNBC's "Squawk Alley." "There's 15 million millionaires around the world. All their financial advisors are going to say, 'Hey, buy a bitcoin. You need some exposure.'"

"There's only going to be 21 million bitcoins minted ever in history. That's also going to drive demand," Altucher said.

He is a Top 10 LinkedIn Influencer, the author of the bestselling book "Choose Yourself" and an editor at The Altucher Report.

Bitcoin was trading near $10,811 as of midday Wednesday, according to CoinDesk.

How Cryptocurrencies Could Offer Independence From Banks

Amid recent talk of mainstream acceptance, Bitcoin and other cryptocurrencies stand on the precipice providing economic independence from private banking institutions.

That is in essence what Bitcoin was created to do back in 2008 when its initial white paper was released. The decentralized virtual currency removed the need for an administrator or bank - through encrypted peer-to-peer transactions recorded on the public ledger known as the Blockchain.

What was small then has completely changed in the space of 10 years. The past fortnight has witnessed the biggest bull run in Bitcoin history, with the price of the virtual currency hitting the $11,000 mark earlier this week.

The increasing value of Bitcoin has not gone unnoticed by mainstream financial institutions. Opinions are widely divided, but the fact that Bitcoin futures are being considered by the likes of the Chicago Mercantile Exchange and the NASDAQ proves that big things are to come in the next few years.

While financial institutions plan to enter the market, the man on the street still view cryptocurrencies as revolutionary technology. By investing and using Bitcoin, Ethereum and other virtual currencies, people are taking power away from banks by using anonymous transactional systems.

Future of finance
However, as the herd comes running, the potential rise in the value of each respective digital currency will no doubt be welcomed.

Speaking to Lee Camp on Redacted Tonight on RT, director of the Public Banking Institute Walter Mcree believes cryptocurrencies offer another avenue for people to invest and store their money, as an alternative to private banking institutions:

“Categorically it’s very exciting because it suggests that there are options to the private capital control we’ve all been under. Bitcoin and the other Blockchain technologies that are emerging are like the complimentary or alt currencies in the past.”

“They certainly represent a way for communities to have their own isolated economic strength.”

Mcree also believes that mainstream interest in cryptocurrencies shows that there will be an adoption by big institutions in the future. However, he questioned the possibility of the likes of Bitcoin challenging the dollar in the years to come:

“It’s exciting prospect, we’ll see how far they’ll get in terms integration into the money markets. I know big banks are certainly looking to have their version of it. I don't think it will be replacing the US Dollar at least right now. I think the Yuan and others things might along the way.”

“By and large Bitcoin and other cryptocurrencies are emerging we are going to see all kinds of variations of it coming up.”

This post first appeared on Cointelegraph
https://cointelegraph.com/news/how-cryptocurrencies-could-offer-independence-from-banks

As part of the customary press briefing from the White House, the President’s Press Secretary made it clear that the White House was monitoring cryptocurrencies. Further, the Department of Homeland Security was also part of the conversation.

While the press conference ranged widely on topics, including President Trump’s Twitter posts and the Press Secretary’s strep throat, the issue of cryptocurrencies came up through reporter questions.

According to the secretary, the topic was broached this week during a conversation with Homeland Security, and, while no specific statements were made, it was clear that the President’s office was aware of and monitoring the current situation.

https://cointelegraph.com/news/presidents-staff-monitoring-cryptocurrencies

“Ban Bitcoin!” Says Nobel Prize Winner

In a statement that will be widely approved and vilified by opposing camps, Joseph Stiglitz said on Bloomberg TV that cryptocurrencies like Bitcoin should be banned. His commentary is based on analysis saying that the market for Bitcoin is driven mostly by its potential to circumvent government agencies.

His rant continued, stating that the Bitcoin market will ‘go up, and then come down,’ leaving many investors injured, and therefore it should be banned, adding that it doesn’t serve any ‘socially useful function.’

Ban it all, Joe, ban it all
Apparently, Dr. Stiglitz may also desire to ban the famous FANG stocks (Facebook, Apple, Netflix, and Google), which, on the same day as the recent price decline for Bitcoin, faced far greater losses.

In fact, while Bitcoin lost around $3 bln in market cap, the FANG stocks lost $60 bln - twenty times as much. If consumer protection is the main goal, the FANG stocks are a far greater risk, and worthy of the ban.

Impossible?

In the final analysis, however, regardless of the opinions of economists, the very nature of Bitcoin may make it impossible to ban. Instead, governments must simply deal with the cryptocurrency, and regulate its trade in reasonable and rational ways. According to Kain Warwick, Founder of Havven:

"Thankfully it’s somewhat irrelevant whether anyone in particular thinks Bitcoin should be banned, because one of its strongest points is that it is, in practice, not able to be banned."

This post first appeared on Cointelegraph
https://cointelegraph.com/news/ban-bitcoin-says-nobel-prize-winner-while-ignoring-fang-losses

- Source Joel Comms

BITCOIN
By now your feed is absolutely filled with Bitcoin. All of a sudden the “experts” are coming out of the woodwork. A bunch of people are offering courses. And there’s talk about the “bubble.”

I’m going to attempt to explain what is happening from a layman’s point-of-view. I don’t know much, but I know the future when I see it. I’ve built my entire career on being first or early to the game. So forgive me if I get it somewhat wrong, but this is what I believe is taking place.
The first thing you need to understand is that what’s happening is NOT about the price of Bitcoin. Sure, Bitcoin $10,000 is all over the news. There are scammy-sounding network marketing organizations capitalizing on people’s FOMO and greed. There are pumping and dumping operations and some coin offerings that are pure scams.

But this is all noise. Here’s what you really need to understand.

The world’s financial systems are broken. The US dollar goes down in value every year. The centralized banking systems put people at the mercy of their high fees and antiquated processes. Trust in the systems of the world, be they political or financial, is at an all-time low.
When Satoshi Nakomoto released the now infamous Bitcoin whitepaper in October 2008, he proposed a new form of currency that be decentralized, meaning no one had control over it. It would be peer-to-peer, meaning anyone could send money quickly and easily without incurring ridiculous fees. It would be anonymous, meaning no one could stick their nose into your personal business. And it would be trustworthy, meaning the ledger created by the blockchain technology that Bitcoin was built on would be without error.
Without explaining exactly how Bitcoin works, I want to focus on the real key word in the above paragraph.
It’s not Bitcoin. It’s not money. It’s not currency.

The word is BLOCKCHAIN. And it is the reason that Bitcoin is soaring, and that the cryptocurrency market cap currently exceeds $315 BILLION dollars (more than the value of Disney, Wal-Mart and VISA.

In 1993, a web browser was created that changed how we would access information… forever.
In 1997, a company dared take on Blockbuster Video by creating an easier way to rent movies, and eventually pivoted to the leading streaming service they are today.

In 2007, a smartphone was created that seized the market from Nokia and transformed the way we consume information.
And in 2008, an idea was proposed that would forever alter not only how we make purchases, but how we manage contracts of every kind.
You see, regardless of what happens to Bitcoin (bubble be damned), Blockchain is a revolutionary technology that is here to stay. And it is getting ready to disrupt just about every industry you can name. Yes, even your industry.

Is Bitcoin like the tulip craze? Could there be a more asinine question? Flowers vs. revolutionary technology. Hmmm… can you spot the difference?

Has Bitcoin risen ridiculous fast? Yes, there’s no question.
Will there be a pullback? There HAS to be. Gravity says so.

But here’s what’s different about Bitcoin. There are only 21 million of them… ever. Period.

17 million of them are currently in circulation. The other 4 million will slowly come into circulation over the next 120 years. (Yes, you read that right.)

Of the 17 million in circulation, it is estimated that at least 4 million are lost forever. It’s also believed that the mysterious Satoshi Nakamoto owns up to a million of them.

That means only 12 million Bitcoin are actually in circulation.

How much printed money is out there? It’s a seemingly endless supply. It’s not hard to come by. It’s not scarce, and the government prints more whenever they feel like it.
Huh. How about that.

Even so, it’s NOT about Bitcoin. It’s about Blockchain, the technology which makes Bitcoin possible.
I’m not a financial analyst or a financial advisor, but I am a futurist. And I can clearly see that there is a revolution taking place right before our eyes.

Blockbuster didn’t see Netflix coming.

Nokia didn’t see Apple coming.

Sears didn’t see Amazon coming.

The world doesn’t see blockchain coming. But it’s here, and it’s not going away.

Bitcoin is now all over the news. Thursday night it hits the mainstream as an episode of The Big Bang Theory will introduce the concept to millions more people. (I'm sure the episode will be stupid because it's a stupid show.)

But the fact is we are at the beginning of the technology adoption curve and over the next ten years we are going to see a transformation of tech that is going to make the smartphone revolution look like a hop from writing with pens to using a typewriter.

Buy Bitcoin or don’t buy Bitcoin. It doesn’t matter. What DOES matter is Blockchain.

Pay attention, whatever your industry may be. If you can’t see how Blockchain WILL disrupt your industry, allow me to introduce you to the executive team at Blockbuster, Nokia and Sears. You’ll be in good company.

Blockchain, my friends. Blockchain.

====
Food for thought

Thats excellent rate.

chukzyfcbb:
Just out of the bank.
189days @ 16%.
Bank : First Bank
Market : Secondary Market

I am aware of that thread. I think it was created by someone just to discredit them.

I personally use genex regularly if i am not transacting peer-to-peer. I have tons of guy i refer to genex exchange, there has been no single complain anytime, anyday

In fact they call you if there were incorrect entries on your buy/sell form. Their service is very fast too.

Dont believe everything you read on nairaland.

rookidmart:
Came across this thread
https://www.nairaland.com/4147372/what-wrong-genexpayments