GRACEGLORY:












The US dollar is not the same as the USDT.
The US dollar is legal cash across the US and is issued by the US Federal Reserve. However, USDT is a cryptocurrency that is supposed to be stable and backed by the dollar. Therefore, the "T" that follows the "USD-T" stands for tether, or being linked to.

Tether Limited ensures that each USDT issuance on the network is supported by a US dollar or other assets.

The main purpose of holding USDT is to protect investors from losing money in market collapses. Its price volatility is less than that of Bitcoin or Ethereum.
Tether Limited is the issuer of USDT tokens. While one tether is worth $1, and occasionally 0.99 or 0.98, they are not the same.

Let’s be reminded, USDT has been the subject of some controversy due to concerns about its reserves and transparency. Why❓

Because, USD and USDT are not the same, but USDT is only tied, linked, or tether to USD.



Who has declared the USDT legal tender in the United States❓

Yes I am aware of this. My question is to the people that say that other black market institutions are looking at binance rate which trades USDT to set the rate for their USD. Do well to read my question again.

onatisi:
it is very simple. crypto has the quantity needed and the banks don't have the USD. so the price of a higher market will determine because that is where most people are running to. if there was enough USD in the banks, then no one would even think of crypto. the crypto market rate cant determine the rate of the market if there is enough for everyone in the banks , but since banks dont have the usd , people are rushing to the most available alternative which is crypto usdt.
that brings us to the fundamental question that govt should tackle and face , why is it that banks do not have enough USD? and what does the nation need to do to increase its fx earnings?

I don't think The CBN and FG have a reply for that so let's focus our attention on someone else the BDCs or any other institutions that exchange dollars.

If you will agree with me the volume of naira converted to USDT is less than the volume of naira to USD.

Meaning that people trading USD are mounting real pressure on the naira so if the people that are really putting pressure on the naira are people that are looking for USD either to import goods or whatever my question is why would BDCs or anybody be setting price based on the price of a digital asset USDT that has an average daily volume of $2.4 million and with a low volume can be easily manipulated for a short while. Why are they not setting prices based on the official rate?
Is it that when they see that binance rate is up that they decide that okay we will not sell to people at this rate because we can transfer our dollars to binance and sell for a higher price but how is that possible when CBN has blocked every medium of doing so.

Let's imagine they defeat binance. Who will keep the BDC guys in check if they start looking to other places to set their rate? After all nobody uses USDT to buy goods in Nigeria so we are subject to them since CBN doesn't have the answers to your question.

There is something that I am still trying to understand though. Anybody with the answer should chip in.

Isn't USDT/NGN different from USD/NGN that is traded in the forex market. Since USDT is dependent on USD, shouldn't it be the USD that influences USDT not the other way around. If there is manipulation going on then it's the people trading real dollars that are at the bottom of it cause nobody is using USDT to buy goods. USDT is just used as a means of exchange for crypto. Why would BDCs and other institutions be using the price of a digital asset to influence the price of their physical dollar. Shouldn't it be the other way around? It's not like they can send their dollars to binance and sell on binance because that medium is blocked or do they have a way to bypass it?

The volume of the USDT/NGN traded on binance spot is very low (I'm having problems uploading the photo). The volume shows that about $2.4 million dollars was traded as at the time of this post and during that time there was a strong selling pressure that drove the price down. Does that mean that if I have a $3million buy order now that I want to inject into the market will that effectively revert the price back to 1900? If possible that would mean that if someone caused a volatility like that normally p2p traders will change their price but why would BDCs and other institutions follow suit when they are not trading USDT?

Someone that understands my question and is knowledgeable about this stuff should please explain.

if you can risk it short btc now.

I don't have a problem with what she said as long as she is ready to be used as sacrifice.

Chikacha:
Okay, they have limit on Binance now, now watch out for the real drama.

What I know about this country is that anything you expect to logical follow up doesn't actually follow up. Let's wait for the drama.

Fastt:
Since Binance launch ngn spot trading @750, there has been drastic downward of ngn. Il sure you can't access spot trading if in ngn(to be confirmed) but outside Nigeria, it's very much accessible to MM to short the currency. Something similar happened with the russian currency, Binance was forced to closed the spot trading. If you want to short a Nigerian currency t should be done on a regulated channel. Pls if anyone knows tinubu I'm here to provide a solution to y'all problems. I'm very serious, I have all the datas but I don't come cheap. Beneficial to everyone . If un no hear word,the usdt will be 3200 in about 3 months when we approach ATH.

Come guys. Is it possible that other whales on binance that are not necessarily Nigerians are the cause of the sell pressure on the naira?

For all I know, Binance only allows ngn spot trading, I don't trade forex but I think you can also short ngn with leverage in the forex market and the forex market has more trading volume so why do you say that binance with just spot trading is the cause of the selling pressure.

OGHENAOGIE:
he played 7 Afcon games you can't use one to judge him ok.. except u just want to scape goat Aina like many of u did with Iwobi

I don't know why people are saying Aina isn't good cause if they followed the tournament from the beginning they've seen that the guy is very good. Some of them just watched the finals and started typing rubbish.

Yes the guy's performance in the final wasn't good but it was obvious that he was gassed out cause it was only in the 2nd half that he wasn't playing well.

I get the attack on Iwobi honestly he deserves it but not Aina.

Streak47:
That lady troll up there has been dropping some subtle redpill nugget in here maybe knowingly or unknowingly, hope other guys can read in between the lines. Her submissions further reaffirms all the redpill teachings. Just look at that post she put a smile emoji!

Those lines:
'Why do you want to stop being a man'
'Had to defend him too'
'He was just being a man+smile emoji'

She should have put real before the man i.e "real man" to make the manipulation more obvious.

ifegen:
We forget that the award was for performance, the artist with the best performance for the submitted song for the year under review. And with Rush, the song was a hit no doubt, enjoyed international and local radio play, but there's just a hand full of live performance of the song from Ayra. Unlike Water by Tyla. Her team promoted the song so well, booked her shows on many live TV shows and her dancing and live singing skills won the voters over.

Water isn't as big as any of those songs in that category, but her live shows outperformed all the songs there. Davido would be the first Runner-up for me. His performance of unavailable on Jimmy Kimmel Live show was dope too.

Personally I don't care what criteria they used to decide. If you check my previous comments you will see the reason I said they are corrupt. Unless you can come up with a reason the weeknd wasn't nominated for the 2021 awards.

I was only replying to the guy cause he said that tyla song was more intellectual than the rest.

I believe what you said should be right thanks for the info

unity004:
I am a very big fan of the weekend. Nobody can always get it right not even the Grammy's. You can't judge them on few events. Even I do call grammy awards Beyonce awards because she will never loss any nomination. The truth is with or without awards music should impact lives of people that's what matters but you see this current Nigerian musicians are singing rubbish

Omo some mistakes no dey easy to overlook o. They no even nominate am talk less of him not winning. Yet his album had up to 3 songs that made no 1 on billboard.
Still from the album to the songs none was nominated. 

I used to hear Eminem say that they are corrupt but I only started to realize when they snubbed the weeknd. The weeknd also said they are corrupt. I can only take them serious when the weeknd decides that they are credible and starts submitting his music to them again. Even drake is snubbing them.

For Nigerian music tho I'll just say it's the type of music their fans want to hear.
I think if Grammy wanted to give intellectual music for that category I think arya starr should have won it for her song "Rush".

unity004:
Yeah compare with the rubbish songs in the same category

Okay let me ask you for someone to compose a song that stayed in the top 10 on the chart for more than a year when other artists songs fade out in a month. What does that tell you?

Nobody in the music industry has ever achieved that.

Even the Grammy realized their mistake and scraped out the committee that overlooked his music.

unity004:
Lol u don't know Grammy awards, the awards is for intellectual music and not popularity besides They favour Americans to outsiders that's why people like ed Sheeran and the weekend are some time not nominated or awarded

That means that tyla song about squirting is intellectual music... interesting.

EromsOko:
The Grammy is cooked. Ask Eminem why he stopped attending this Grammy awards. Make your money and forget about this plaque. Go and Sign the contract with them and you will win this award. Ask Jay Z how he did it. Contact me and I can help you.

Omo since the time they snub The Weeknd in the 2021 awards despite him the fact that he had a song "Blinding Lights" that was on top 10 in billboard hot 100 for more than a year, I no dey take them seriously again.

"that she loves soft men, a proper lover boy ready to die for her"

I wonder if she saw all these qualities in davido before he impregnated her.

Thank God for the redpill.

Weirdgee:
Short with isolated margin and 10X leverage

When you place an order, the price you specify is known as the trigger price.

The trigger price is not always equal to the executed price because of slippage.

Weirdgee:
Sorry I entered 42.0 not 42.7 and market was at 42.250 as at then

long or short?

Weirdgee:
Good day guys I used 42.7 as my entry point on a future trade but I'm seeing now that my entry point is 42.07 I don't know why it's 42.07 instead of the 42.7 I entered
Pls somebody should explain

- What was the market price before you placed the order?
- Did you go long or short?
- Was there already an open position on the same coin before you made the order?

Rokiat:
When I tell these fools don’t a pursue
Man they thought I was joking…….I don’t know why women are getting so desperate these days smh.

The whole dating game so fu…ck up these days and I blame social media and dating apps for this. When the game was good before all these dating apps men actually went up to women and got her number etc
Call me old fashion but I prefer it this way.


I don’t know when did men become so feminine as to want to now be chased by women. Gay tendencies I tell you.

Don't you think the real reason you prefer it this way is because you are scared of rejection.

It's not desperation.

Failure2019:
Wash your face with clean sparkling water.


Make to change your pillow cases and bed sheets every week


Eat eggs and drink Milk

See your answer here

Johnchrix:
When Hakimi told his wife YOU'RE ALL I HAVE" she thought he was joking.

... this one off me

dhiqson:



Are you for us or against us!!?

Why can't you adhere to the unwritten rule
Ignore ignore ignore!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Please ignore that guy. I don't know why he wants to form macho on top faceless forum "no one can give you rules" my feet.

Martinez how are you able to detect clowns so easily. That's a skill I need to learn.

Martinez39s:
A day after Seuñ came here, look at the message I received from a complete foòl. She later erased the post as seen in the second picture. Whether the hòe is capping or not, the hatred against this thread is real... obviously. This thread will keep moving on, haters can cry and choke on their poo.

I have never seen anything so jobless. Hope that thing will stop attention seeking and finally get a life.

Please be aware of posts that are meant to trigger a negative response and ignore accordingly

Seun:
Women don't like the movement. They feel that it's misogynistic.

Can you please push our thread to front page. It will help a lot of men on the verge of committing suicide.

SECTION A

For the example
1) 8 —> [21] = 15
8 —> [(3)× 7] = 7 + 8 = 15

2) 9 —> [24] = 24
9 —> [(3)× 8] = 8 + 9 = 24

3)3 —> [36] = 15
3 —> [(3)× 12] = 12 + 3 = 15

canada123:


Would appreciate the link.

https://www.nairaland.com/5223408/masturbation-quitting-challenge-thread

read the first few pages you will find some useful tips. And introduce yourself on the thread, the president will reply you.

If you need some motivations to help you quit

read

https://illimitablemen.com/2014/04/13/monk-mode/


https://illimitablemen.com/2016/02/28/champions-mentality-how-to-stop-being-a-loser-become-epic/

canada123:
Hi everyone,

Would appreciate if I’m not crazily judged though. I live in Canada Ontario and I’m single and lonely. The weather isn’t helping also. I’ve been having this strong urge to order an escort . Actually talked to a couple of them on Tryst. There are Latinos and really beautiful. But I honestly don’t want to proceed but my konji is making me look towards it and I feel disgusted with myself for having such strong sexual feelings.

Price is $500 for one hour and I’m looking at booking a 2 hours session.

I just feel bad.

Would appreciate any advice to overcome this crazy urge. Please don’t crazily insult me thanks

Canada isn’t all rosy after all sadly

You said you are addicted to porn. I feel that's actually where your problem is. If you can try to abstain from sex and PMO for 3 months (best if you can go 6months). It is going to be hard but you can do it. Your brain will reset. I have done it before. Best way to do this is cut off social media and don't have much free time.

Also with that money get a gym membership and start jogging once a week and weight training through out this 3/6 month period. This will help improve your physical appearance.

There is a thread on nairaland for people trying to quit PMO addiction if you want the link I can send to you.

If you can try to do this. Then you will see changes in your addiction.

AndrewTate:
Yenyenyen...
Maybe if you'd have explained why what I did was wrong without insulting me just like most of you do here.


if you doubt me go up the thread and read through

Imagine having to educate every single person that makes the same mistake as you did when the answers to your question are in the first few pages of this thread. I think you already know we have this rule but maybe you don't know why we have them.

1. This thread is seen as a male-only space. No one is against you relating with women but do so outside this thread.
We don't need redpill inputs from women here. As we already know the manipulative nature of women.
Just as they brought up the term "Real Man" they will come with "Real Redpiller" even though they don't know what it takes to be a man or a redpiller. They just manipulate the terms to suit themselves.

If you need more understanding of this read Rollo tomassi's "Rational Male" to understand what happens when women infiltrate a male-only space.


2. To ensure decorum on this thread.
Because there is every possiblity that a bluepilled mod might delete this whole thread if he thinks we are toxic to any female member on this thread.

Have you ever wondered why the person that created this beautiful thread deleted his account?

3. The person you are even chatting with is the most persistent troll that we have ever seen on this thread. Most OG's on this thread know her very well. There is no method she has not used to infiltrate this thread. Even coming undercover as a male.
I was just waiting for when you will realize that, if you are truly redpill aware.
Most times when women are praising you, you have to zoom out and check if truly you are on the right side.

P.S Try as much as possible to read Rollo tomassi's Rational Male and the first few pages of this thread.

luminouz:

I believe the moniker is a woman. Or else how do I explain the constant validation after being warned? Using that moniker itself is a nice cover.

You might be right.

I had wanted to explain to him why what he is doing is wrong, maybe he thinks this is the first time she (Zzor) is visiting this thread. But I thought at the end of the day the guy might just be a troll. I think that's why Martinez hasn't said anything yet.

If he is really legit he will soon find out what her mission is on this thread.

The man is walking and texting

wahles:
Oh ! I come late. Just keep
Substituting

It should be
(A+B) - (C+D)

or
A + B - C - D