Mynd44:

The reason why is the lack of regulation. This is why you say anyone who looks at it like that will bleed.

It has become a thing a few guys control and keep a tight fist over

tosjame:
For your sevis fee, Wes payment, GRE/GMAT, Toelf etc. What-app me on 08187800090 for competitive rate.

LordAdam16:


There is a reason why Wall Street don't play in the BTC market.

The lack of regulation is a double-edged sword. And that's why there at least 4 major BTC rates in the International market with a considerable gulf. And there are wild swings that are as fascinating as they are scary.

The BTC market is an informal market, so if you come in with a formal mindset, you'd get burned. Singapore1 isn't joking.

The discrepancy you are noting isn't peculiar to the Nigerian local BTC market. Talk to a Tunisian BTC trader and hear stories... The only reason why Chinese BTC is consistently cheap is because of the liquidity. It's the opposite in our local market.

"When in Rome, do as the Romans do."

Emefiele is prolly sh*tting in his pants as oil is flirting with the $46/b mark and getting dangerously close to the $45/b budget benchmark, while the reserves just hit a 4 month low. A rally back to $50 isn't going to happen until next two weeks at the earliest. The oil market is regulated.

The BTC market is different. Another rally back to 3000+ could happen in days. When it does, BTC FX rate in Nigeria would be lot more higher than all traditional FX windows including the Black Market and I&E market. And when the rally ends, it'd only fall marginally, but still above traditional FX windows (like it is now). It is only when the fall stays steady for a while that there'll be a rebalancing.

So, comparing stocks to the local BTC market is not practical. Different players, different game, different rules.

-Lord

anthonykezy:
$1,200 Btc available for sales at 396/$

Contact me through my signature

LordAdam16:


There is a reason why Wall Street don't play in the BTC market.

The lack of regulation is a double-edged sword. And that's why there at least 4 major BTC rates in the International market with a considerable gulf. And there are wild swings that are as fascinating as they are scary.

The BTC market is an informal market, so if you come in with a formal mindset, you'd get burned. Singapore1 isn't joking.

The discrepancy you are noting isn't peculiar to the Nigerian local BTC market. Talk to a Tunisian BTC trader and hear stories... The only reason why Chinese BTC is consistently cheap is because of the liquidity. It's the opposite in our local market.

"When in Rome, do as the Romans do."

Emefiele is prolly sh*tting in his pants as oil is flirting with the $46/b mark and getting dangerously close to the $45/b budget benchmark, while the reserves just hit a 4 month low. A rally back to $50 isn't going to happen until next two weeks at the earliest. The oil market is regulated.

The BTC market is different. Another rally back to 3000+ could happen in days. When it does, BTC FX rate in Nigeria would be lot more higher than all traditional FX windows including the Black Market and I&E market. And when the rally ends, it'd only fall marginally, but still above traditional FX windows (like it is now). It is only when the fall stays steady for a while that there'll be a rebalancing.

So, comparing stocks to the local BTC market is not practical. Different players, different game, different rules.

-Lord

willian10:

Them don know Kaboninc for this thread, e no dey follow multitude

Mynd44:

And this is why Mark Cuban said it is poo.

Bitcoins needed

Bring your bitcoins to me

Rate ==> 375/$ $1000 minimum

WhatsApp

nifty247:
Perfect money is available @ 385#/$ come on whatsapp if the rate is cool for you. +966595543700

Singapore1:

Nigeria is an insane country , what makes sense here doesn't make sense on other country, that's why I always pity people who hoard bitcoin, imagine hoarding bitcoin when dollar was 420/$ the btc crashed from 2900$ to 2500$ then you decide to keep by the tie it yeast back to the cost rate maybe naira to dollar would have been 350/$ by then as against the 420/$ you bought it, you will be wondering what went wrong ... mynd4 forget the smiling you are seeing here , btc is never 1 +1, it's much more than that .

All the suggestions you are bringing have probably been tried by the big boys trust me , it's never that simple , also bringing btc from USA to here is not as simple as abc , also selling btc in USA isn't bread and beans

When there is crash don't waste time , self off and continue your trade , be consistent, that's the only way to win , btc is not an investment again , the big guys in ASIA are now using it to make daily though , it's now professional MMM ( only that it only favour the people with funds , as in large volume )

You will see all the big guys speaking in parables on twitter , don't be sentimental, you will be in village
...
Checking the last seven days crypto volume you will understand what I'm saying ..
All the things you knew about crypto in 2016 is now invalid ..
Invalid !!!

Mynd44:

And the convergence begins

Macaulish:
$600 BTC AVAILABLE

375/$

Contact Details Below..

lordhugo:
Hello All, (scammers excluded)

I have €130 PayPal funds for sale.

Mention me with good rates.

Ibraheem009:
200$ btc needed. Whatsapp 07063611172.

willian10:
U don see where dem send payoneer funds go bitcoin wallet before

ahmtech93:


lol

or u send TBC to coinbase btc wallet

celestialAgent:
So no bitcoin at 370/$ here, I'm off to coinmama.

Happy hoarding!!

Macaulish:


$550 BTC STILL AVAILABLE


$550 BTC STILL AVAILABLE

375/$

Contact Details Below..