₦airaland Forum

Superstory papa Ajasco, Fuji House of Commotion, candlelight and tales by moonlight

If you want to buy less than 10 bitcoins I will sell them at #132,000 a piece if u choose to buy more than 10 I will sell at a discounted price of #124,000 a piece. Lemme know now I'm in Lagos, we can meet at a local bank (for added security), come with ur phone or any device linked to the internet so u can see the the transfer in real time via the blockchain, I will wait until 6 confirmations to prevent any double double spending. I'm assuming u already have a bitcoin wallet if not I will recommend u get one from blockchain.com. I'm selling at a higher price than d current value of one bitcoin obviously, so if u r interested let me know and I can also be of a resource to u and everything u need to know about bitcoin.

A country with so many different tribes doesn't need any tribe claiming to be the alpha tribe, I've seen this with both igbos and Yorubas. Everyone really needs to compromise and tolerate each other, these are the key factors to every successful relationship.

Lol too late now... I'm coming soon... By d time its delivered k won't be here, sorry

The best team won, cheers!

We will open up our own remittance business, lets say we call it Bitcoin Union. Basically we will serve as a bitcoin to naira exchange, you send us your bitcoins and we will give you naira. Almost like a localbitcoin or sorts only cheaper. We will now expand to other African countries with the same concept. It doesn't cost anything to send bitcoin online, but currently no bank will convert your bitcoins to naira, so we would be taking the risk for this conversion. I'm thinking about using 3rd party payment processors like Bitpay or coinbase, to help instantaneously convert the bitcoins we've collect directly to dollars so we aren't caught in another bitcoin price plunge.

At the end of the day we have to figure out how to make money out of this while also saving clients a significant amount of money.

adebasket97: Bro am sorry to say, but seems I don't understand you yet..I work with btc and ltc daily - for receiving payments, and I made some sh*t cash when btc rose to $1000 for 1btc, had 20btc then. Pls expanciate more on this.
Thanks

Basically we will assist folks set up their own bitcoin wallets so that when they receive bitcoins in their wallets we can exchange it to cash for them. If someone sends 0.158 BTC or 158mBTC which in today's exchange rate is $100, we would charge a $6 fee to convert it to naira. This is still an infantile idea, so if you have any better suggestions pls make it known here. Also,how do you work with bitcoin to receive payments?

Johnnyhoo: Bitcoin. A mod deleted your "I'm coming to Nigeria in two weeks" So are you now in Nigeria?

Yes Johnnyhoo, the thread was deleted because they called it ''advertising". No, i'm not yet in Nigeria, will be in a few days

How about we join heads and start a bitcoin remittance business that would challenge western union and money gram in Nigeria?

We all know that Western Union, Money gram and other remittance businesses make hundreds of billions of dollars every year in fees just to send money to people all around the world. Bitcoin and other crypto currencies will not replace these known companies anytime soon, but it can challenge them and only needs a small slice of their pie to thrive. With Bitcoin I can send money to anyone anywhere in the world virtually instantaneously for as little as 1cent. For example I can send $100 to someone in lagos for just 1cent and it will arrive in a matter of minutes whereas if I were to send $100 via western union, I could be charged $12 or more plus you might have to wait until the next day or so to receive it.

Western union and others have to make money to pay their staff, plus rent and other bank fees. With bitcoin all you need is a phone, laptop, computer, tablet or any device with internet access to send or receive money. Since this is a business idea, there has to be some profit to be made. Ex, if someone wants to send $100 to Nigeria, we can charge the person $6. When the bitcoin appears into the person's wallet, he or she would've to convert bitcoin to naira that's why we would charge the $6.

I'm looking for folks already familiar about bitcoin and are willing to set up a remittance business based on bitcoin/crypto currency. Venture capitalists, financial advisors, bitcoin enthusiasts, speculators, and entrepreneurs are highly invited in this business opportunity. Kindly post any suggestions, ideas or requests here. If you are not familiar with bitcoin you can start here www.weusecoins.com I can also be reached via email

Nice