₦airaland Forum

faceland:
Our kids are tough. You know that.
Right now in this hash hamantan, there are many almajiries outside without shoes (cracked feets), hungry and they are not complaining.

Hehe...
African kids are tough yet they die in their hundreds.
We give good home training and discipline yet Nigeria is one of the most corrupt countries in the world.
Nigeria is a 'rich' country yet the poverty capital of the world

Those are the familiar phrases we use to deceive ourselves.
Almajiris are outside and not complaining because their future has been snatched by wicked leaders who send their own kids abroad.
It gets to negative temperatures in parts of the world and people survived there for centuries. Those same people have decided to get civilised but we're here bragging that we have millions of kids who sleep outside and die unjustly

faceland:
Spoiler alert, African Kids are tough.

Is that why African countries have the highest under-5 mortality rate?

We should stop deceiveing ourselves

This is so wrong and babaric. The government needs to stop this by using some people as example.

Anybody can just raise a false alarm on someone and before you know, people start looking for petrol

They way they are packed doesn't sit well.
Good they've been released but hope this has not made terrorists see that the best way of getting the government on their knees is by kidnapping school kids

DexterousOne:
Those who took their chance with beetcon are reaping the benefits of the risk they took.

One part of me want to regret not joining the bus;
However
One has principles
And have to stick to them
Regardless of the consequences

Imagine the crazy ROI

I'd say the risk is not owning any.

It's outright the best performing asset over the last decade. With the way dollar and other currencies are being printed, it's value is bound to rise. It has an inbuilt anti-inflationary system as supply gets less with time and total possible supply is fixed. More people will buy over time and there'd be less and less supply.
It's the future of currency.
Governments fought it for years with no success and most have now moved from that to making sure people pay tax on their profits.
The eurozone, china e.t.c are currently looking into a way of making something similar.
I personally believe that if anything is going to unsit the dollar, it'd have to come in a similar universal and less restrictive offering to beetc
It's the only way one can transfer billions of dollars from any part of the world to another almost instantly for almost no cost.
When folks here were talking about where to buy and keep dollars, I smiled cos one can with the click of a finger buy dollar equivalent coyns without any hassle and no bereau d'change or bank concers.
The best exchange rate when transferring money from hard currencies to naira is through it.
The amount of companies investing part of their assets in it have been on the rise. I'm talking of even insurance companies buying in hundreds of millions of dollars.
PayPal recently allowed their customers to purchase in app. My bank allows me ourchase in app. The list keeps growing

If you think the move from 4k to 20k was surreal, what comes after will blow you out.

Like I said irrespective of whatever move it makes in the short-term, the risk today for a young person is not owning any.

EarlyCareer:
Jedisco, highcurrent, which ALyT coin do you think one should invest now?

It's difficult to say, but you don't want to buy into a green candle.

Money in the market usually moves from the king, to majors, midcaps and lowcaps then back or out
I tend to spread my portfolio across when I trade them.. lowcaps can be very volatile and can move both ways.

I wouldn't advise buying on a day that everything has been green. With such moves come significant volatility to both sides. There's a lot of FOMO in the market now so any dump should be bought up quickly.

On what to buy, if you're new, I'd say beetc is still the king. None other has outperformed it over time. Eithy is the controls all other alyts. So if you're trading them, you want to be in Eithy or coins who will outperform it over time. In the next impulse move, I believe Litc and Reeple would.

But remember, when the market sells off, it's better to be out or in the majors.

P.s. hope you get my abbreviations, na spambot I dey dodge

highcurrent:
Dollar is also weak against the coin.Dollar has strenght against major trading pairs. We might see $100000 in the near future.

Hehehe... I think that's a far reach for the short term.
But I've seen coins go parabolic after breaking all time high. Link went from 4 to 20 in a very short period.

19.6k is looking more and more like a gift if we get it

It's definitely not impossible, afterall were talking about an asset that traded for less than 10 dollars a decade ago.

Fact is that majors will start approaching their ATH's once the king is done running. That's the cash I'm planning for. It'd be surreal

janga:
trading creepto 24/7 and at moment TA not always work when bitcorn in parabolic move so we’ll be expecting $25k next. 400% profit in lessthan a yrs

BTC

2017 ATH - 17 Dec 2017
New ATH - 16 Dec 2020

I knew this move would come but the relative ease suprised me... It's in price discovery... TA can only estimate support and when to take profits. I believe buyers will defend 19.6k if it gets there.

The way big institutions are buying up supply in millions of $ is likely the driving force.
The money that'd be made over the next few months would be surreal... My plan now is to device when and where to take profits so as not to give it all to the market. Once Beetcoinn settles above 20k, except others to start doubling their value. That said, I expect huge volatility both ways... My plan will be to load up on fips till it stops working

Those who waited several years for this deserve every penny that comes.

Beetcoinn convincingly breaks all time high and trading at 22k USD currently...

Are there folks here who trade it? Next 2 months should be fantastic.

People have said alot about migration.

The worry is that Nigeria is loosing her bright heads in the upper middle class to developed nations. Except we find a way of replacing them and leveraging on the experience of those who migrated, we may not move forward.

The likes of Dangote, Ovia e.t.c we keep referencing here make less than 0.01% of our population. You'd be surprised the amount of time they spend outside the country. How many British billionaires have you seen gallivanting in Nigeria? The effect of the rich on a nation is based on their effect on the middle class or how the nation leverages their wealth.

Every country is carried by their middle class. It's that group that drive the economy, pay taxes and determine the purchasing power. The difference between Nigeria and the US is not based on the difference between what Dangote and Bill gates can afford. It's based on the difference between their middle class. Recently, Dangote opened an office in New York with plan to manage part of his wealth from there. Do you know what impact that has on Nigeria? Most of our rich buy houses and shop in London and contribute to their economy. Later we wonder why Nigeria is in this mess.

Someone mentioned that those with upto 200mil passive income are not looking to migrate. I'd say that thinking is because they're not looking at relativity. I have seen people swear that if the can get a job that'd pay 150k, then all their problems are gone. Meanwhile those earning 250k will tell you they can barely run their family with it. I'd say look for those earning 200mil and ask them their thoughts on migration is if they could still maintain their income source.

The Nigerians paying 400,000 USD for passports and buying houses in London e.t.c are not the regular middle class. Give that a thought


Nigerians who grew up in Nigeria would always have this nostalgic feeling of home... But that does not mean the country is not spiralling down

@op
Mr blogger ...... Hope you don't see the other side of a police cell soon.
Anyway, I've reported your post

@op...

You sound like a young bright chap.

Question is if you study in Russia, what are your job prospects there? Also, how transferable is their degree to other developed nations? Can you use the degree to get sn Engineering job in UK, US, Canada, Australia or Germany? If you'd still need to run a masters program in your second country of choice, then medicine may be a preferable option.

I know alot of people who had their first degree in Russia/Ukraine and countries in that axis who are back to Nigeria trying to relocate. I'd hazard a guess that job prospects for immigrants who had their first degree there are not so good.


Now to medicine locally.
Fact is studying medicine in Nigeria may open doors for you world over that some vague courses in some parts of Europe would not. If you're smart about it, you could easily take qualification exams and go work in UK, US other first world countries or even Middle Eastern countries which all pay very well.
Like it or not, in terms of job prospects and migration, medicine is still one of the best courses to study in Nigeria.

SamReinvented:
US generally do not ask for statement of account regardless of who is applying... but for most countries, yes, you’d have to prove that you can feed yourself while visiting. Doesn’t matter if you’re married or born to their citizen. If you want to avoid that hurdle, the right way would be to get a passport for your family, if they qualify for one.

Thanks for this... Was wondering why he has to apply for a visa for his kids if he's a Nigerian citizen.

XiaoLi:
I think you are wrong here, inviting your spouse and children to your country of origin is different from inviting your immediate family to your country of residence. Do you think an American living in Nigeria will need a statement of account to get an american visa for his legally owned children born in Nigeria by a Nigerian woman? You can enlighten me.

Since you're a Nigerian by birth, then your children should be entitled to a passport irrespective of where they were born. With a passport they're citizens and you don't need to apply for a visa when they visit. This cuts across most countries except the rules in Nigeria are different

XiaoLi:
This is exactly how Nigeria works, laws are made withouth using common sense, the first time i tried to bring my wife and kids to Nigeria the people at Nigeria embassy in my country of residence asked me to bring my statement of account to make sure i can take proper care of my family while in Nigeria, i asked them if it means i cannot take my family to Nigeria even if i'm broke..they couldn't answer this question but insisted that providing my statement of account is one of the requirements. There's no common sense on that.

Most countries will use your statement of account as supporting evidence for proof of funds when applying for an individual visa or family visa. It's nothing new.
No country wants to admit people that'd put more burden on their system.

tatax:
The first question my mom will ask you is "what do you do to have the money to gift me a car".. if no good or reasonable answer or no job known that could finance that, then she won't recieve it.

The lady did so well to gift her mom a car but if it wasn't gotten the right way then there is no blessing in that..

My friend will you shut up!
If it was a man who bought a car for his mum, will you be saying this trash?
Or do you think all women are like the paupers you have around you who are not productive?

Seun:
If the president’s tribe matters, which it should not, I think it would clearly be the turn of the an Igbo or other south-eastern person to hold the position in 2023. The north would have held power for 11 years, and the south west for 8 years. If we group GEJ with the South East, it would still be their turn since he ruled for only 5 years.

If we can get a very good Igbo president in 2023, their yearning for separation will gradually fade away. Hopefully the Igbo president will not make the same mistakes that Zik, Nzeogwu and Ironsi made in the early days. Mistakes that set the country on a dark path.

@Seun

A quick question.
Why are discussions on crypto banned on NL?

I believe this rule which has been on for a long time needs to be looked into. It's use case and adoption has tremendously grown over the years.
Just like any form of asset (digital or physical) out there, there are those who may use it for fraudulent purposes.

It's adoption has markedly grown in Nigeria recently. People should be able to come here and find the right information.

I would have done more explaining but you're a techie and I'm sure you already know lots about it.
Also, most of the prevalent ads here these days seem to be around it. Makes it interesting why discussions onnit are still prohibited.

Please ammend this rule

Misterdhee1:
If your knowledge of history is really strong, I doubt you would say this. Igbos' misuse of power in the first republic was the onset of the very problem Nigeria is still battling with. It's hard for the other major tribes to trust that same tribe with power.

If other ethnicities cannot trust Igbos with power, then don't you think its better we divide the country so people stay with those they can trust?