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➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ - Business (1714) - Nairaland

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Black Market Deals / Central Bank Injects $210 Million Into Currency Market / E-currency Market For Port Harcourt Residents Only!! (2) (3) (4)

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Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by adabsmith(m): 3:18pm On Feb 24, 2017
Singapore1:
Now buying bitcoin at 400/$

shocked shocked
Bros calm down na
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by itiswellandwell: 3:20pm On Feb 24, 2017
itiswellandwell:
$99 paypal fund available for sale. Rate #420/$

can send first to repuatable members here.

Not available on whatsapp. Kindly send me a mail. itiswellandwell@gmail.com

Please give me a mention here if you send me a mail.

Still available!

1 Like

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by tradeplusib: 3:25pm On Feb 24, 2017
itiswellandwell:


Still available!

FNF or GNS?
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Singapore1(m): 3:26pm On Feb 24, 2017
All those UK pounds you are begging to buy last week will now surface

1 Like

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by DadojoReloaded(m): 3:29pm On Feb 24, 2017
Sell your bitcoins now, before dollar starts trading at 430/$. I will buy at 460/$, bring come.
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by keishik: 3:30pm On Feb 24, 2017
onatisi:

The panic will subside then the true situation will unfold. Right now the system has been disturbed but smart business men will not sell their dollars. They will just hold on.Dollars is rising elsewhere ,why will Nigeria be different that is an importation based economy with low level of production
Don't be naive, the real value of the naira (something called the Real Exchange Rate) is between 300-350 ₦ per $ and that's exactly why the CBN is holding out at that rate. The present rate is only down to the insidious activities of speculators and once the CBN demonstrates an ability to meet $ demand for a few weeks (which they now can as they've miraculously built up the reserves to about $29b), speculators will pack their bags and leave the Naira alone, then, we'll see the naira settle at its true rate.
Everything now depends on how patient currency hoarders are and how long the CBN can nourish the market, the first to blink losses. If speculators blink first, then the Naira will appreciate further as hoarders offload their stock leading to an oversupply but if the CBN blinks first, something that's sure to happen if the reserves begin to plunge below $25-20billion, then expect the naira to depreciate to at least ₦600 as speculators become enboldened seeing nothing but a hapless Central Bank.
The funniest part of all these is seeing Nigerians curse and cry because the Naira is making gains and they're about to suffer marginal losses! Which way my people? Some are already praying the intervention fails and have already resorted to hoarding, anticipating the CBN's failure. I ask again, which way my people? I thought a stronger Naira is desirable? Have you guys thought of the knock-on effects of a sudden fall in the exchange rate to the wider economy? It might take some time but trust me, a healthier overall economy is way more beneficial than the extra ₦50 you'll make per $.

17 Likes 4 Shares

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by AleAirHub(m): 3:35pm On Feb 24, 2017
Good Evening ,

BTC is Available 4 Sale @ 467....

Min Order: $1000


Serious Buyers.
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by uncleshege(m): 3:35pm On Feb 24, 2017
uncleshege:


My Lawd! shocked *sigh* So many ignorant people on this thread!!!!!!!!!! angry

Let me break it down for you guy!

Skrill doesn't process withdrawal in USD, they convert it to Euro and deduct conversion charges of 3.99% and by the time you add bank charges and the rest coupled with the amount of days you have to wait, you'll realize it doesn't make much sense and is not as lucrative as you're prolly dreaming it is!!! grin

Simple example, an exchanger buys Skrill @ #430 per dollar up to $1000. Cost price = #430,000

Then he withdraws into his Euro dom accant. Let me calculate what he will get in his dom accant for you...

1000 USD = 942.11 EUR (source: google)

Subtract Skrill's conversion charge: 942.11 - (942.11*3.99/100) = 904.519811

Then Skrill transfers 904.52 Euro to your dom accant here in naija. However there are some bank charges somewhere between when d money leaves skrill to when the money gets to Naija ranging between 5 - 40 Euro but let me be conservative and use 15 Euro bank transfer charges...

So 904.52 - 15 = 889.52 Euro. The exchanger gets approx 890 Euro in his dom accant from a $1000 Skrill withdrawal.

Now to convert to Naira, the exchanger will either transfer the money to a BDC or aboki OR withdraw at the counter and sell to the BDC or aboki all at black market rates... However, naija banks charge 0.5% commission of the amt you wish to withdraw/transfer.

For the 890 Euro after commission is removed, what remains for the exchanger to sell = 890 - (890*0.5/100) = 890 - 4.45 = 885.55 Euro!

As of Friday, BDC rates for Euro is #520. Mutiply that by 885.55 = 885.55 * 520 = #460,486

Hence the exchanger's profit is approximately 460,486 - 430,000 = #30,486 but he'll have to wait for between 3 - 7 days to be able to cash out and make this profit.

I'm sure by now you must have realized it doesn't make much sense to wait this long for such meagre profit when the exchanger can make between 20k to 30k daily re-selling the Skrill @ 450-460...

There's also a time risk associated with doing bank withdrawals. Cos while you're waiting for the money to land what if something happens, maybe a new policy comes out that crashes the prices of these foreign currencies? The person might even run @ a loss!

Of course there are some people who withdraw the skrill they purchase to their dom accants. However, I just wanted to EDUCATE those who dont know that even doing this doesn't automatically translate into an ENORMOUS or GIGANTIC profit!

So biko, u pple should just calm down small ehn smiley

Almost as if I had seen it coming...*sigh* embarassed

CBN why!!!!! cry cry cry

And then some pipu wantu sell Skrill or Payoneer #460 when aboki dollars itself is already @ 440 as we speak! cheesy cheesy cheesy

Issokay grin

9 Likes

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Papertrail11(m): 3:36pm On Feb 24, 2017
got 210usd Btc available interested holla 09025078449
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by nwagbaradav: 3:43pm On Feb 24, 2017
Today market come dey dry oo

I can shocked Bitcoin going for 467naira per USD... Thank God I offloaded all my goods today... grin ...

1 Like

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by aloyt(m): 3:43pm On Feb 24, 2017
buying btc @ 458/$...if that's your price, bring it on...this is actually no joke
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by pipoalonso(m): 3:47pm On Feb 24, 2017
Sanchase:
Sell your Fiverr/Paypal funds and get paid within minutes. I Buy from $50 and above, sell at attractive rates. Get in touch via Whatsapp: +447417597912.

$40 fiverr/paypal for sale

contact me on xabi anietie at yahoodot com
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by nwagbaradav: 3:47pm On Feb 24, 2017
aloyt:
buying btc @ 458/$...if that's your price, bring it on...this is actually no joke

I actually read that figure as 485... grin

1 Like

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by johnolaoluwapo: 3:48pm On Feb 24, 2017
120 bitcoin for sell now a box on whatsapp 2348066675260
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by pachuxy(m): 3:51pm On Feb 24, 2017
EvilSperm. Contact me. Your phone number is not complete. 10 digits.
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by drizzit(m): 3:51pm On Feb 24, 2017
$100 btc needed @460
Come in

1 Like

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Leopantro: 3:52pm On Feb 24, 2017
N390 to $1 at Owerri.
and I bought Bitcoin at N505 a few days ago.
where's that guy that wanted to sell Bitcoin to me at N512? how market?

2 Likes

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by LaconicINC: 3:52pm On Feb 24, 2017
aloyt:
buying btc @ 458/$...if that's your price, bring it on...this is actually no joke
una wicked ooo cheesy
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Nobody: 3:53pm On Feb 24, 2017
130$ btc needed, escrow is allowed

contact at signature
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Dealership: 3:56pm On Feb 24, 2017
Dealership:
$650 BITCOINS AVAILBLE AT 475/$

$400 SKRILL AVAILABLE AT 4**/$

CALL OR WATSAPP

1 Like

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Dealership: 4:01pm On Feb 24, 2017
$650 BITCOINS AVAILBLE AT 475/$

$400 SKRILL AVAILABLE AT 4**/$

CALL OR WATSAPP
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Hussein53(m): 4:01pm On Feb 24, 2017
$200 btc available @ #470/$

WhatsApp me, number @ signature
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by casydigital(m): 4:03pm On Feb 24, 2017
i need btc at 430/$
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by DjSwaga(m): 4:04pm On Feb 24, 2017
Creativeness came through.

Thanks man for d supply

DjSwaga:
I need btc at 475.

Holla for instant payment.

FTC toh behdt. grin
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Mariesio: 4:05pm On Feb 24, 2017
aloyt:
buying btc @ 458/$...if that's your price, bring it on...this is actually no joke
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Adinije(f): 4:08pm On Feb 24, 2017
$36 btc for sale at 17k
Call or whatsApp 07031518109
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Mariesio: 4:10pm On Feb 24, 2017
Day11:
More Paypal Funds ( US Account FnF )

$15 and $20


Buy Now!

grin grin grin grin grin grin grin

$15 and $20 grin grin grin
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by nifty247(m): 4:13pm On Feb 24, 2017
124zxc...
AleAirHub:
Good Evening ,

BTC is Available 4 Sale @ 467....

Min Order: $1000


Serious Buyers.
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by AleAirHub(m): 4:16pm On Feb 24, 2017
Secured
nifty247:
124zxc...
Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by LaconicINC: 4:18pm On Feb 24, 2017
This whole thing is funny to me grin and to think I bought bitcoin 510/$ 3 days ago cheesy cheesy cheesy Hoarders how market tongue

1 Like

Re: ➜ ➜ ➜Currency/E-currency Market Deals➜ ➜ ➜ by Drlaw(m): 4:23pm On Feb 24, 2017
uncleshege:


Almost as if I had seen it coming...*sigh* embarassed

CBN why!!!!! cry cry cry

And then some pipu wantu sell Skrill or Payoneer #460 when aboki dollars itself is already @ 440 as we speak! cheesy cheesy cheesy

Issokay grin

Them go chop their skrill and neteller big time. shebi we dey tell them. anything above 400/$ now na zero.. make them continue loading now. any one getting it from freelance can sell it to aboki o! the market is wide open now .

3 Likes

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