₦airaland Forum

is this 750 or 916. ? how mny grams and hoow much?

Derbydebra:
How do you go about buying of foreign stocks?

u useless nigerians. is it everything you want to ?
know?

so what how did you know if it was done quietly. useles sbloggers

where thunder go fire u is when u dont talk wetin happen with stephnie otobo. no bdy of christ is dragged. it just too Hot sex starved idiot showing off. but in this case, as a satanist, i support you with my full chest

thebosstrevor1:
Yes Government can track that transaction not in the crypto sense of it but know that anything that passes through the banking system can be tracked.

P2p will increase but also p2p is risky if there is no escrow

how will u be doing p2p without using reputable sites like paxful or localbitcoins?
also how will govt track down the 200k u paid me for crypto without u writing its purpose?
some of these things are just not obtainable

thebosstrevor1:
Didn't you read where i wrote p2p will flourish

yes i saw that. but u saying there will be so much scams is where i am not even getting you. how will you scam someone using localbitcoins or remito?

privaldo:
That's what many don't understand, almost all of Nigeria's crypto transaction is P2P, so its not a new scenario.

exactly. reading the comments here even made me realise that most of the guys acting as if they know it all about crypto are basically clueless.
this is something the united states, china and many other countries with very sophisticated tech couldnt crack down. is it naija that cant even count their citizens properly that will be able to crackdown on crypto?
well, i see this as another news to distract people so they can carry out their loot

thebosstrevor1:
Government can not monitor your transaction that is if you can even make transactions at all.

Presently, you can't even buy crypto with a Nigerian bank card or payment gateway.

You can only do offline p2p not online.

Government can not monitor offline p2p but online, they have dismantled the means of buying until further notice

stop misinforming people. so u are saying i cant use paxful or localbtc to buy it? well let me not even over disclose shit here, na the ssame nigerians cast the btc. let me return to my ahsawo thread

thebosstrevor1:
You trade on the most popular platform which is binance . Binance wrote that for now, you can't buy crypto with your Nigerian debit card but you can withdraw to your bank account.

This is what the binance ceo wrote.

If you have $NGN on Binance, you can:
1. withdraw NGN soon, or
2. convert to #crypto and hold it


The reality is that p2p will flourish but it will also lead to lot of scams, making people distrust crypto investments

bro most of you guys here sound so clueless. do you know that 98% of crypto is traded using p2p? by p2p i am talking of platforms like localbitcoins etc NOT THAT CURRENCY SCAM THREAD U GUYS USE FOR RUBBISH IN THE NAME OF TRADING

thebosstrevor1:
Even the writer of this article criticizing government policies is clueless.

You mean people shouuld open a PayPal account that they can't operate from Nigeria.

People should go to the unregulated p2p crypto market where you can be easily scammed.

You cannot buy crypto with any Nigerian visa or debit card and you can’t withdraw crypto to any bank says the writer and then he wants you to open a paypal account

Now, Deposit in naira to buy crypto have been stopped by most exchanges ( binance and luno) now, this will affect everyone in crypto, another method will be found that will benefit those who have a trusted buyer living outside Nigeria.

The method can be, find a reliable Nigerian living abroad, deposit equivalent money in the person Nigerian account and then the person helps you to buy the crypto you want and then send them to your wallet, this method is good but it is crazy when people understand that sending btc and ethereum from one wallet to another is very expensive that will make you lose.

People don't understand how very volatile crypto is. The volatility can make you panic and make you lose your cash very fast.

Imagine you buy ethereum or btc worth 100k from luno, when that 100k worth of ethereum shows on your ethereum wallet, it can be 98k, in 2 weeks, that ethereum can be worth 110k, in 4 days time, can be worth 99k..this volatile coin can play with your emotions and make you panic sell.

What about network fee.

If i send 10k ethereum to my friend's ethereum account, sometimes, sending fees can be 6k.

The crypto world sometimes when you look at it clearly, works like an organized ponzi scheme.

At the end of the day, i prefer stocks to the crypto scam even though the returns can be huge, if you are an early buyer

yes u are making good points but if you are as old as i am in this, u will know that govt ban is totally useless. 98% of people buying crypto dont use cards, they use sites like paxful, localbtc etc. where u have to send the cash to the persons account. now tell me, how will bank track that? the only people that can ban naija are those top companies. but i bet you they wont because they know that naija is a top player in this. as for the guy talking of paypal, ignore am , he is as cluless as the govtt. infact majority of the people screaming about crypto ban are just cluless

RRodwave:
Ok
And crypto dn surge now

this type of senseless news cant make it surge my guy