₦airaland Forum

What was he thinking? Until he’s persecuted for a miss-did and face the consequences of his actions for once, he won’t stop misbehaving.

He sure has gone away with a lot of atrocities

iLegendd:
In Crypto, what is QE and QT in relation to BTC and other coins. Explain in detail as if I'm a 6 year old.

Answer:

Alright, imagine you have a magic money tap in a big garden where all the kids play. Now, if you turn on this magic tap, money flows out. If you turn it off, the flow stops.

This is a lot like what happens with "QE" (Quantitative Easing) and "QT" (Quantitative Tightening) in the world of money. Here’s how it works:

QE (Quantitative Easing) – Turning on the Magic Money Tap

When there’s QE, it’s like turning on that magic tap and letting a lot of money flow into the garden. In real life, it means the government or central bank (like a big boss of money) is making more money available for everyone to use. They do this to help people buy more things and keep the economy happy.

In the crypto world, when there's more money flowing around (like through QE), people often feel richer and buy more Bitcoin (BTC) or other coins. This can make the prices of BTC and other coins go up because lots of people want to buy them with the new money they have.

QT (Quantitative Tightening) – Turning off the Magic Money Tap

Now, QT is like when the magic money tap gets turned off. This means the government or central bank is making it harder for people to get money. They do this if they think there’s too much money flowing around, which might make things too expensive (like when all toys at the store get way more costly because everyone has so much money to spend).

When QT happens, people have less money to spend, and they might sell some of their BTC or other coins to get money back. This can cause the prices of these coins to go down because fewer people are buying them.

How QE and QT Affect BTC and Other Coins

So, when QE happens (more money flow), people often buy more BTC and other coins, which pushes prices up. But when QT happens (less money flow), people often buy less or sell, which can push prices down.

In short:

QE = Money flows in, prices might go up.

QT = Money flows out, prices might go down.

Just like a magic tap!

So basically we are in QT cycle at the moment, I guess?

iLegendd:
Surely, you will, but knowing about the 4 year cycle, BTC dom, QE/QT would've helped you be in profit by now by sticking with BTC and top 10 only till QE starts.

I’m just hearing about QE/QT for the first time but yes I realized sticking with BTC and other top project would have been better off instead of buy alts too early.

Meanwhile, can you shed more lights on QE QT? I’m going to read more on it.

I’ve list more than 60% of my total investment in crypto at the moment but I’m not bothered cos I know very well i will regain all losses in multiple folds if and when alt season kicks off. I’m talking more than 10m naira in loss here.

These Igbo drug lunatics will claim hard working deceiving the ignorants to think they are not hard working enough.

And then they will use the money to proceed to buy properties in SW in a bid to launder and make their drug money legitimate. We the discerning ones know their antics.

Valeur:

https://www.youtube.com/watch?v=wnrV6kO4Z4E

Mumu dem

pandax:
We went to our country in 1967, it was the connivance of Fulani and Yoruba that brought us back to Nigeria, why are you complaining about our presence in the so-called one Nigeria?

Very ignorant statement there. Your struggle of biafra Failed cos they wanted to invade southwest but was stopped at Ore, in Ondo state.

God abeg.

Governor of the year and state of the year. Ewu them from sadeast go dey vex

Oh wow I know this girl, she’s a graduate of Madonna university

This award is overrated

😀😀😀 wahala.

How is this news worthy? Those ingrates don’t deserve to be talked about.

I’m a player in the hospitality industry I know how much accrues from sale of drinks.

We dey shayo for this country no jokes

You need to be a mad drunkard like Peter Obi who knows how lucrative the business is and decide to establish a brewery. 😂😂

.impossible is nothing. Imagine Nigeria becoming a grand player in the oil industry so much so that it is disrupting European market?

We need to replicate this in other sectors like steel, agriculture, tech, iT etc. With this Africa will become a force to reckon with in the comity of Nations.

Nigeria is the live wire of the black nation. If we get it right, other African countries will follow suit by default

Oh wow may his soul rest in peace. I remember this man back in the days.

Veekiestate:
FURNISHED 6 BEDROOMS FULLY DETACHED MANSION WITH 2 SERVICE QUATERS AND A GYM LOCATED IN IKATE LEKKI.
Land size 680sqm

Title : Global C of O, Governor’s Consent / Building plan Approval.
Price : 700 million naira

Features :
Gated estate, 60KV Generator , Automated gate , Ante room , 3 Ensuited Staff quarters, Gym , BQ , Swimming pool , Family lounge , Jaccuzi , Bath tub , Walk-in closet & Shower , 2 Deep Freezers , Office/ Study , 3 Refrigerators , Royal Rugs , 4 Sets of Royal couch , Garden chairs, Wet & Dry Kitchen , Pantry , 4 Water Tanks / Double filter, 12 car parks , 3 Microwaves, Washing machine , Gas cooker / Oven, Royal Curtains, 7 Bedframes , 13 Air conditioners - 2HP, Water Filter etc

Service charge - 85,000 per Year.📞+2349042745614

700m? Be like say una dey craze for that lekki.

Padipadi:
Starvation pro max

See the true meaning here. Starvation pro max go wound you there. Ediot

Padipadi:
Starvation pro max

You dey craze

Padipadi:
It meant starvation is coming

I reject it with every fiber of my being.

I once dreamt of picking gold £2 coins, too. What does that mean?

Padipadi:
Meaning una sef dey make money. Ventures things like those you mentioned here. https://www.nairaland.com/8323405/nigerian-church-leaders-enrich-themselves
I think life is more meaningful in 21st century because you see everyone's anus and know who's pretending and who's helping.
All the best babylawo.

Just like Christian pastors who have commercialized and are fleeing their members of millions, some Ifa practitioners have copied this style too even though they are supposed to be the custodian of our heritage and ensure everyone born as a Yoruba are well indoctrinated into our culture and belief system.

I want to be an initiate of Ifa. Each time I hear or read about Ifa I feel so much urge within me to want to explore and know more about it.

Fearurcreeator:
You sef know say that gun is not registered

It actually is but on his dad’s name

abeggnow:
correction that was not murder,murder is killing with intent.in this case its fore of self defence so we may tag it manslaughter.lets hope the pump action has licence.

I agree with you

crossbreedwears:
If the gun is registered and has a food lawyer, he will walk away. The only only issue is how did he get the gun and what he does for a living. Efcc won't want to let go of the issue. They will look for means to nail the suspect. But how can a security agency operate at dead of night. The suspect might think it is cult clash because mosg gee boys are into game

I agree with you. With a lawyer that knows his onions, he can walk away a free man for real.

DMerciful:
Babylon is Mesopotamia, deal with it

I just outlined a fact to you, you still find it hard to come to terms with my view, my write up even after explaining what I mean?

SMH you got issues.

DMerciful:
Babylon is Iraq (Mesopotamia)

Babylon as referenced here is not a country, city or place.

John in the Bible used “Holy City” to represent those who keep the commandments of God, and in contrast, the city of Babylon is used throughout Revelation as those who do not.

USA is a perfect example as such demonic and devilish city the Bible talked about.

Infoguy666:
A suspected attack by internet fraudsters, commonly referred to as Yahoo boys, has resulted in the death of an Economic and Financial Crimes Commission (EFCC) officer and left another critically injured in Onitsha, Anambra State, News360 Nigeria reports.

According to reports, the tragic incident occurred on Friday morning when EFCC operatives from the Enugu zonal headquarters attempted to apprehend a group of cybercrime suspects.

The deceased officer, an assistant superintendent who had recently completed a promotional examination, lost his life during the operation. His colleague sustained critical injuries in the ambush.

Confirming the development, the spokesperson for the Anambra State Police Command, SP Tochukwu Ikenga, disclosed that an investigation was underway.

“Investigation into the sad incident is ongoing. The suspect is in custody, and the firearm has been recovered. Further details shall be communicated, please,” Ikenga said.

https://news360ng.com/efcc-officer-allegedly-killed-another-injured-in-clash-with-yahoo-boys-in-anambra/

Bursting into people’s house in the dead of the night like armed robbers not only put personnel in arms way but endanger the live of suspects.


About time EFCC rethink the mode of operation.

With a good lawyer dude can get away with murder. God help him the gun is registered, at most he will be slammed with man slaughter.

Nigeria joining bricks add a big flair to the alliance. This is a step in the right direction. Babylon (USA) shall fall eventually.

Seyi will have to divorce his Igbo wife before he can get to that seat.

Antivirus92:
I lost three yoruba friends to skull minning in ogun state. Just because they decided to visit the useless ogun state. They were all anambra brought up. Up till now, nothing has been heard about them.

Nobody has come out to condemn the senseless ritualism going on in your states, not even your saviour Tinubu.

Cannibals!

What else are you good for if not to be mined? At least 3 down millions to go.