China Bans Financial Institutions From All Cryptocurrency Business - Business (4) - Nairaland
Nairaland Forum › Nairaland General › Business › China Bans Financial Institutions From All Cryptocurrency Business (37624 Views)
| Re: China Bans Financial Institutions From All Cryptocurrency Business by millionboi(m): 5:32pm On May 18, 2021 |
Mccullum:and location, those at ruler area were thy is no electricity e.t.c |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by justli: 5:33pm On May 18, 2021*. Modified: 6:00pm On May 18, 2021 |
olaxm:If you were govt you'd be concerned too. DeFi's are a big threat to established financial institutions. Think about, Liquidity Pools provide the means for anyone to access loans, stake tokens and generate high paying interests and yields(instruments only available to very rich individuals in the past) Stock up on wealth, transfer funds...just about anything banks can do, crypto platforms can do them.... This is the future. The early birds, eat the fattest worms. Don't fool around with the bias of the elite when you're not an elite |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by SIRPYREXX(m): 5:33pm On May 18, 2021 |
Visit https://nairacontract.com to sell your btc for naira within minutes. This is a peer-to-contractor platform whereby verified contractors buy your btc for naira within a few minutes of the contract initiation. |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Goalnaldo(m): 5:35pm On May 18, 2021*. Modified: 9:12pm On May 18, 2021 |
buchivik:I have although less than 200 followers. |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by showafrica(m): 5:36pm On May 18, 2021 |
InaNla:Where do you get information of the coin you buy... My guy bought safe moon last month with 100$ now his account is showing 13k$...thats mad. I dey follow am bomper to bumper now... I go begin buy coins anyhow anytime money dey. No more keeping Naira its worthless |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Nobody: 5:38pm On May 18, 2021 |
buchivik:09051084542 |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by InaNla(f): 5:38pm On May 18, 2021 |
showafrica:Now you see… and some people are here talking about banning crypto…. You may wish to follow the crypto thread here on NL |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Goalnaldo(m): 5:40pm On May 18, 2021 |
AmgrayLogistics:I swear. I had 80k I was not using. I decided to buy cryptocurrency what I'm seeing now would have disheartened me if I was new in crypto. 59k |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Twode: 5:42pm On May 18, 2021 |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by TheRealestGuy(m): 5:44pm On May 18, 2021 |
PataAlhajaKeji:Lmao. Anybody who invests in something they haven't taken their time to research about or under guidance of OGs in the game is most liley gonna lose money. Same thing with stocks and forex. Nothing new there. From your post you definitely know next to nothing about the cryptocurrency market or trading. And FYI, it is not the first time China or anyone else is creating FUD in the market. And for experienced hands, this blowback was expected and indicated by TA of the charts, Elon Musk or not. You're just talking about what you don't know man. Like I said, people like you will be the ones we'll be shilling our million dollar bags on in the nearest future. HFSP. |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Asianjollof007: 5:47pm On May 18, 2021 |
InaNla:Bro, you fit teach me this thing? |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by ajoyeleke(m): 5:49pm On May 18, 2021 |
Twode:Uwc boss |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by InaNla(f): 5:49pm On May 18, 2021 |
Asianjollof007:So you no see my profile ? ![]() Anyway, look for the crypto thread on NL and join from there. Experts are on ground to provide analysis and recommendations as needed. |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Havertz10: 5:51pm On May 18, 2021 |
FuckHomophobes:this one is different |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Bolzay: 5:54pm On May 18, 2021 |
buchivik:how many followers |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Asianjollof007: 5:58pm On May 18, 2021 |
InaNla:Lol, i no check profile o. Thanks anyway! |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Nobody: 6:00pm On May 18, 2021 |
showafrica:Buy $PIG and $FEG from pancakeswap. You go dash me 50$. ![]() |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by InaNla(f): 6:05pm On May 18, 2021 |
Asianjollof007:This is the best time to join the moving train. We still right in the middle of the bull cycle. Be however ready for huge volatility. |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by InaNla(f): 6:06pm On May 18, 2021 |
SageX1444:Nigerians ![]() |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by neyohh: 6:08pm On May 18, 2021 |
donbenie:What happens if government backed crypto goes mainstream? Will bitcoin and other shit coins remain relevant? |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by omoadeleye(m): 6:10pm On May 18, 2021 |
CandyOps:by the dip na e put some people into deep trouble. |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by showafrica(m): 6:11pm On May 18, 2021 |
SageX1444:Make i check them.. Though, money never dey |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Masterito(m): 6:12pm On May 18, 2021 |
Business just came, only smart investors will understand. iampeterben: |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Masterito(m): 6:13pm On May 18, 2021 |
Yes of course it will be used to trade against the so called government coin. neyohh: |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by faceland: 6:16pm On May 18, 2021*. Modified: 10:59am On May 19, 2021 |
ubaobi:Crypto currency has its place in the future but it is currently mostly scam. It is like MMM. You need to convince people to buy it (exchange real money for it) so that the value would go up and you gain. |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by MasonKendall(m): 6:19pm On May 18, 2021 |
Was about to start trading marijuana.
|
| Re: China Bans Financial Institutions From All Cryptocurrency Business by juniorstar(m): 6:21pm On May 18, 2021 |
naijaamebo:But na Chinese guys dey run crypto..all those boiz wey dey buy and sell..no be Chinese them they sell to. Indians inclusive but more of Chinese. Not even Americans |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by juniorstar(m): 6:28pm On May 18, 2021 |
sammychimex:Why na..investment what you can afford to loose. Crypto has made many boiz in naija wealthy imagine a young guy not even upto to 35 yrs being worth over 500m nairajust from crypto. In 3yrs time I know ppl who would be worth over 200m. Guy no dull yourself. This is the best time to enter crypto. I know of one of my friends who had 1btc he bought it for just 200k but during the dip then he sold in panic if he had waited he would be a multimillionaire now. |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by millionboi(m): 6:32pm On May 18, 2021 |
candygist:like u dip hand inside shit,u buy at a spot |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by Benrosaria(m): 6:33pm On May 18, 2021 |
The statement also highlighted the risks of cryptocurrency trading, saying vitural currencies “are not supported by real value”, their prices are easily manipulated, and trading contracts are not protected by Chinese law.[/quote]Tell this to Nigerians. Cause we are becoming gullible to believing that crypto or forex is the way forward for Nigerians. These are systems provided for blacks to coin back their lost monies. |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by omoadeleye(m): 6:39pm On May 18, 2021 |
Goalnaldo:The thing about investment is that, while some people and winning it's always at the detriment of those who are loosing... So if your money is decreasing it means some people are busy dumping the coins making the value to reduce. It can only be pick up again when some people begin to buy... so investment is a long term thing and not a short term thing. So your money has to go low and go up, go low and go up before being up and if you're not careful it can begin go low again... |
| Re: China Bans Financial Institutions From All Cryptocurrency Business by donbenie(m): 6:48pm On May 18, 2021 |
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