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Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal (32012 Views)

Naira Falls After CBN Stops Forex Sales To BDCs / Bitcoin Falls Sharply After China Signals Cryptocurrency Crackdown / Bitcoin Value Reaches $14,000 | Everything You Need To Know (2) (3) (4)

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Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by PENNYSWAP: 10:47am On Sep 25, 2021
post=106147671:


Nairaland.com Rule 16.

Emphasis on Word in red.......

Who will ban the mod that pushed this to front page ??
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Toks2008(m): 10:48am On Sep 25, 2021
izubext007:
Thank I never learn this stupid business

Sorry to say but nah you dey stupid o.

The way people like Seun tag crypto fx trading a scam whereas people are raking in legit millions from it every day.

That your brain dey too low to comprehend a business no mean sey the business nah stupid business.

OK let me help your ministry...

Bitcoin is still going to rise as high as 200k to one bitcoin but it is presently in the correction phase so once bitcoin gets to 20k or thereabout please go and sell whatever you can and invest in bitcoin. Then wait for a year or two and come back to call it stupid business.

Aburo Seun ara oko
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Toks2008(m): 10:50am On Sep 25, 2021
post=106147671:


Nairaland.com Rule 16.

Emphasis on Word in red.......

No mind Seun and his double standard.

You han fx and crypto yet the advert dey your site dey give you money.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by izubext007: 11:38am On Sep 25, 2021
Show me proof that's is works
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by FlipModeSquade(m): 12:06pm On Sep 25, 2021
dalongjnr:

Husspuppi brother, I know your motive. Cryptocurrency in this part of the world is not a legal tender. Deal with it,pls.
Still showing your ignorance?

Neither is Crypt0-currency a legal tender in 99% of the world..

But that didn't make them to ban it either..

But I guess that's too much to ask of your comprehension.. grin
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by FlipModeSquade(m): 12:13pm On Sep 25, 2021
izubext007:
Show me proof that's is works
Show you proof that what works?

If you want proof or not,of anything..

You better sit up and do your own research..

NOBODY got time to show you anything..
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by NaMe4: 12:14pm On Sep 25, 2021
Toks2008:


Weee you keep quiet.

This has nothing to do with China.

I have done the analysis on my YouTube channel months ago.

And mind you, it is still crashing down more to 20000 or thereabout and it has nothing to do with any crazy news but it is only a simple correction cos by the time it bounces back, it will go as high as $200k to one bitcoin.

Watch the latest video I made where I takes about this present crash and more to come.

China ko! Chinko ni!


https://www.youtube.com/watch?v=YsGj4ZedXL4

It won't even get down to the region of 20k as earlier speculated.
Fundamental factors have come into play and the bearish correction is in the final phases.
This implies the BTC is a strong digital currency.
The next drop should take it's value to the region of 33k - 34k before a more steady bullish price movement.

The aim of this sort of news (timed before the next drop) is to trigger panic for sell offs, then they invest at relatively cheap prices.

1 Like

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by stonemasonn: 12:22pm On Sep 25, 2021
Not really

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by suffering: 1:10pm On Sep 25, 2021
Let the price come down so I can purchase some. Cryptocurrency is the future.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by calcal: 1:11pm On Sep 25, 2021
China!

EVERGRANDE!

China mortgage investment company evergrande is on the road to default owning over $300 Billion in over 100 financial institutions, this may lead to global crises.

China needs to solve this issue and leave crypto alone.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by izubext007: 1:21pm On Sep 25, 2021
Get out nal monkey u be
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Gokoyer0(m): 1:34pm On Sep 25, 2021
I will contact you soon.
Lawlab249:
No matter the direction the coin is going, people are hitting it big.

Contact me for CAC Company/Business, NGO, Foundation, Church registration etc. SCUML, NAFDAC, Trademark etc. Dial or chat on Whatsapp 09 127724742.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Toks2008(m): 1:58pm On Sep 25, 2021
NaMe4:


It won't even get down to the region of 20k as earlier speculated.
Fundamental factors have come into play and the bearish correction is in the final phases.
This implies the BTC is a strong digital currency.
The next drop should take it's value to the region of 33k - 34k before a more steady bullish price movement.

The aim of this sort of news (timed before the next drop) is to trigger panic for sell offs, then they invest at relatively cheap prices.




Well I have given my analysis, it may not get to 20k region now but eventually it will most likely get there and that is the safest point to buy back.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Excelwealth(f): 2:15pm On Sep 25, 2021
For your USD exchange to naira I’m available.
Exchange rate : #560/$
Please contact me on this number 08103025172
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by GardenOfGod(m): 2:50pm On Sep 25, 2021
post=106147671:


Nairaland.com Rule 16.

Emphasis on Word in red.......
Some mods are hypocrites in their approval!
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by jojothaiv(m): 3:46pm On Sep 25, 2021
When I read the news yesterday I know this is fully expected. No surprises.

Elon Musk separation might likely influence the crypto space in the coming weeks, just watch out.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Lawlab249: 3:47pm On Sep 25, 2021
Gokoyer0:
I will contact you soon.

Ok boss. I do be expecting.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by otukpoyam(m): 4:24pm On Sep 25, 2021
[quote author=Leezah post=106152368]And you have Cathie wood, Micheal Saylor, Telsa , PSV football club and other institution buying. My people die because of lack of knowledge.[/quote

Let Dem keep buying
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by hansomb: 4:34pm On Sep 25, 2021
RapistOnBail:

Which business man in his right mind would do business based on unforeseen/Un calculated risk?

Bitcoin/Crypto currency is for the novices who wants to get rich quick.

Thank you federal Government(FG) for banning this legal and accepted Ponzi scheme.

I wonder how the economy would have dropped drastically had it been the government didn’t place a ban on banks trading cryptos.



Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by JOemmy(m): 5:36pm On Sep 25, 2021
China is banning crypto while some countries are officially adopting it as a legal tender.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by illswift(m): 5:45pm On Sep 25, 2021
RapistOnBail:

Which business man in his right mind would do business based on unforeseen/Un calculated risk?

Bitcoin/Crypto currency is for the novices who wants to get rich quick.

Thank you federal Government(FG) for banning this legal and accepted Ponzi scheme.

I wonder how the economy would have dropped drastically had it been the government didn’t place a ban on banks trading cryptos.



Clearly you have no idea what’s going on!
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by smasher1(m): 6:30am On Sep 26, 2021
Leezah:
Why do you say so?! Sir, many government workers are into crypto #fact. If you are in Abuja let meet on Monday and I will show you were seminar are being organized by CBN on crypto.

Many government workers put there money also in Ponzi schemes and get rich quick schemes. Please, no hard working bankers do such. Investing in things like Forex that they can't control or don't understand. Only greedy people put money in such.

1 Like

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Leezah(f): 6:32am On Sep 26, 2021
smasher1:


Many government workers put there money also in Ponzi schemes and get rich quick schemes. Please, no hard working bankers do such. Investing in things like Forex that they can't control or don't understand. Only greedy people put money in such.
You wrong again. I have made losses and gains in crypto. The first is to identify your risk appetite
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by smasher1(m): 7:21am On Sep 26, 2021
Leezah:
You wrong again. I have made losses and gains in crypto. The first is to identify your risk appetite

I don't disagree about your profits or loss. I'm risk averse. I don't invest in what I don't understand. I understand Nigerian stocks, I have invested in that and other low yield sure investments. I don't want to get rich too fast and lose my capital, so I do what I know and I'm comfortable with.

1 Like

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Leezah(f): 7:32am On Sep 26, 2021
smasher1:


I don't disagree about your profits or loss. I'm risk averse. I don't invest in what I don't understand. I understand Nigerian stocks, I have invested in that and other low yield sure investments. I don't want to get rich too fast and lose my capital, so I do what I know and I'm comfortable with.
Noted. Crypto is not a get rich fast scheme. I have investment in NGX(formerly NSE) US stocks, Money Mutual funds, crypto and ro name a few

2 Likes

Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by RedChiefPriest: 9:12am On Sep 26, 2021
Give us coin make we too see money invest abeg
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Gokoyer0(m): 9:59am On Sep 26, 2021
Sent you a PM about business.
Lawlab249:


Ok boss. I do be expecting.
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by TheGreatOne90: 2:15pm On Sep 27, 2021
Enyimbamercedes:
Get your money ready to do what?

Buy the dip!

This is all designed to shake out the weak hands ! We hear this every time and the paper hands will sell …

I’m the king of hodling and in October there will be mad profits to be made.
My brother you wise. Try and look into quant(qnt) , elrong(egld), coti , ergo(erg). Trust me, you will come for thanksgiving in future
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by Enyimbamercedes: 3:35pm On Sep 27, 2021
TheGreatOne90:
My brother you wise. Try and look into quant(qnt) , elrong(egld), coti , ergo(erg). Trust me, you will come for thanksgiving in future

Hmmm… I just bought COTI. I already have my portfolio in ONE, ADA, XRP, MTV, ZIL, VET, TFUEL, VRA and SDAO. I’ve been holding ADA since January and ONE since February, I’ve made mad profit on these two alone. I’m looking to take profits and put in other tokens so I will take your suggestion.

Thank you
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by TheGreatOne90: 5:45pm On Sep 30, 2021
Enyimbamercedes:


Hmmm… I just bought COTI. I already have my portfolio in ONE, ADA, XRP, MTV, ZIL, VET, TFUEL, VRA and SDAO. I’ve been holding ADA since January and ONE since February, I’ve made mad profit on these two alone. I’m looking to take profits and put in other tokens so I will take your suggestion.

Thank you
welcome. Keep buying and ignore the enemies of progress
Re: Bitcoin Value Falls After China Declares Crypto-Currency Transactions Illegal by TheGreatOne90: 5:49pm On Sep 30, 2021
remi4ever:

Hahaha, IMO, they ignite that FUD so they can buy more BTC.. grin
and the mumus on nairaland will be celebrating, instead of joining the next technology.

1 Like

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