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Seun's Posts

Nairaland Forum › Seun's Profile › Seun's Posts

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Business › Re: Banning Forex Trading And Sports Betting Promotion by Seun(mod): 12:50pm On May 09, 2016
Parishpriest:
Seun, always bear in mind that, you are dealing with adults. You don't have to ban it, rather, you inform people of the dangers inherent in them. In essence, advisory role would be perfect. Thanks
People are fatally attracted to get rich quick schemes. No matter the disclaimers, they will continue to throw their money away. Its so sad.
Business › Promotion Of Betting, FOREX, Binary Options & Cryptocurrencies Banned by Seun(mod):
Dear Nairalanders,

When we first started accepting ads directly on Nairaland, we noticed that sports betting and forex trading platforms were our best advertisers. At a point, they bought more than 50% of our ad slots. But when we realised that the money for those ads ultimately came from the pockets of Nairalanders who lost their money while trying to make easy money on these platforms, we had to stop accepting them.

Unfortunately, the promotion of these gambling schemes on Nairaland didn't stop just because we stopped accepting their ads. There are literally thousands of threads in the business, investment, and sports sections that promote these gambling schemes. Lots of people who would otherwise not have gambled have stumbled upon these threads and have been lured into parting with their hard-earned money.

We have extended rule 16 which previously banned only the promotion of MLM and HYIP schemes so that it now reads:
Rule 16. Don't promote shady investments like betting, HYIP, MLM, FOREX, binary options, and cryptocurrencies on Nairaland..

We apologize for any inconveniences this might cause and urge all Nairaland members to focus on real businesses that solve real problems.

Discuss
Business › Re: Forex Trading Alerts - Season 16 by Seun(mod): 5:34pm On May 07, 2016
Forex is a zero sum game, which means that for someone to win, someone else must lose. Even if every "investor" is disciplined and "smart" and following the "best strategies", some people must lose money in order for others to win. Every win is at the expense of someone's loses. And that is before you consider the fees. When you consider the fees, it becomes clear that retail forex is a very dumb business to be in.

sweetmaris:
All business have their own scam, there are people who get duped when they want to buy a house or land, so are you going to say real estate business is fraud??
Real business is superior in many ways:
1) In real business, whether you succeed or fail, you're providing a useful service to society. In retail FOREX speculation, you're not.
2) If all people who go into a legitimate business are smart, it is possible for all of them to be successful. In FOREX, many people must lose.
3) In FOREX, the winners are the brokers or lucky. In business, the winners are usually those who provide the best value to society.

I feel bad about disrupting the forex communities on Nairaland, but we'll be better off when real business topics start dominating this section.
Business › Re: Forex Trading Alerts - Season 16 by Seun(mod):
Feshizzy:
Inasmuch this saddens my heart greatly,
I did saw this coming and I tried warning y'all about ogbo, but I was resented and some called me new and ogbo a long term professional.
I might be new here but I'm not new to the forex business.
Before I partook forex a while ago. I examined the pros and cons of this trade, yes I did my research.
And I found ogbo scam pattern along the line, only if y'all had listen. The real problem was Tom, he was a drowning man and ogbo baited him believing to have thrown in a life line. Now that was were the pattern was completed.
Anyway the did has been done.
We came here to help each other and to improve ourselves but now most of the talks is on ogbo and that is very sad.
To me let's find the ogbo and get leverage on him. That's the only way out.
Ogbo believes no one here got nothing on him, but let's prove him wrong.
For the greater good of us all.
And the money he took, would be refunded.
But those that has been scammed by ogbo should all come out and create a thread on him, darn it! That is long over due. All details on him should be posted there too. I'm sure we would get him, even if he runaway. First y'all that has deposit money in account gaddamnit f**king blow a whistle on his account angry angry angry

Regards,
EF
Once we ban forex promotion on Nairaland, things like this will no longer happen. Speculative businesses like forex are very prone to fraud.
Business › Re: Banning Forex Trading And Sports Betting Promotion by Seun(mod): 2:06pm On May 07, 2016
We are specifically against retail forex, which is "the small segment of the larger foreign exchange market where individuals speculate on the exchange rate between different currencies" because it "has been promoted by some as an easy way to make profits and has thus been the focus for a number of foreign exchange frauds", according to wikipedia.
Crime › Re: Dear Seun Osewa, Your Attention Is Drawn To Fraudulent Activities Of An Imposter by Seun(mod): 1:58pm On May 06, 2016
Do you realise that you've just posted the name, picture and phone numbers of the person whose privacy you are supposedly trying to protect?

Mynd44 says he already banned the person who stole the young lady's id and already hid all her posts. He has just hidden the quotes as well.

The only remaining violation of the young lady's privacy is the content datboyjerry posted on this thread in the name of protecting her privacy.

datboyjerry is therefore advised to take down this privacy-violating content.
Business › Re: 10 Ways To Stop Sports Betting Before It's Too Late by Seun(mod): 2:14pm On May 05, 2016
Business › Banning Forex Trading And Sports Betting Promotion by Seun(mod):
Dear Nairalanders,

We are thinking of completely banning the promotion of forex trading and sports betting on Nairaland.

Forex day-trading and sports betting are fundamentally fraudulent because they're promoted as a quick way of making money whereas due to mathematical facts, the only people who make money are the middlemen and marketers. The "investors" almost always lose their money.

In our experience, it's not enough to warn Nairaland members about the dangers of forex day-trading and sports betting. The promise of quick profit is just too strong for thousands of vulnerable Nairaland members to resist. The only way to protect them is complete censorship.

We believe that the complete ban of such content will make Nairaland a better platform for discussing legitimate entrepreneurship and finance.

What do you think? Please click 'like' if you like the idea; thanks.
Investment › Re: Please Advise Me On Buying Shares by Seun(mod):
That's a small amount of cash. You won't earn more than 5k a year from any legitimate investment, or less than 500 monthly. You will be tempted to put it in fake investments promising much more than that, but if you do, you are likely to lose all the 50k in a very short time.

Just leave the money in a savings account in the bank. You may need it when you least expect to. If you must invest, invest in FGN bonds.
Investment › Re: 5 Best Performing Mutual Funds In Nigeria, So Far In 2015 by Seun(mod): 11:32am On May 03, 2016
Any index fund?
Nairaland General › Re: Help!! I Keep Seeing This As I Try To Access Front Page.. Pic. by Seun(mod): 8:05pm On May 02, 2016
chocolateme:
wow!! I clicked on that link and it speedily opened straight to "home".. Thanks sir but is that how I will keep opening my front page? Aren't there other means? Thanks for that. Mannylex see..
Can you try clearing your cookies and cache to see if it solves the problem?
Nairaland General › Re: Whats With The Recent Trends Of Clickbait Topics On FP??? by Seun(mod): 1:40pm On May 02, 2016
Can you list some of the click bait topics in question please? Thanks.
Pets › Re: Snap And Upload Your Dogs Here [season 3 2016 Edition] by Seun(mod): 12:58pm On May 02, 2016
fohia:
like I said, pap with milk, meat n fish... they refused to eat the diamond puppy dry food n indomie i got for them.
When you cook chicken or meat, save the cooking water and mix it with the dry food at feeding time. Titus sardine oil also works for my dog.
Pets › Re: I Was Sold A Local Dog Instead Of A Gsd/cauc Cross Breed Advice. by Seun(mod): 12:44pm On May 02, 2016
Many people think they have GSDs whereas they don't. 10,000 naira is a good price for the kind of dogs you got. If you like them, keep them.
Nairaland General › Re: Help!! I Keep Seeing This As I Try To Access Front Page.. Pic. by Seun(mod): 12:34pm On May 02, 2016
Can you open www.nairaland.com/home ? Does Nairaland open on other browsers? What happens when you try a different browser?
Health › Re: Herbal Cure For Fibroid by Seun(mod): 11:06am On May 02, 2016
There's no herb that cures fibroid. If there was, the essence of the herb would have been made into a tablet and doctors would be prescribing it.
Pets › Re: Binggo Dog Food In Ikorodu. by Seun(mod): 9:04pm On Apr 30, 2016
Do dogs love Binggo dry food as much as they love Arion? I cant get Arion due to the forex crisis, but 8 dont want to waste money on Binggo.
Family › Re: Help!!..did I Marry The Wrong Lady? by Seun(mod): 6:10pm On Apr 30, 2016
yemi16:
, i 'd like to say apologizing to her is completely out of it. angry angry...i have done this severally in the past and its is making her more powerful by the day.....a man is gat to be a man sometimes.....firm, rigid and
Stupid? Sorry, couldn't resist.
Politics › Re: Buhari Should Organize A Putin Style Presidential Media Chat by Seun(mod):
I don't think President Buhari should be encouraged to take ideas from Putin. ****
TV/Movies › Re: Secure Movie Websites Needed To Exhaust 19GB Of Unused Data by Seun(mod): 10:05pm On Apr 27, 2016
Adesiji77: You don't need to waste the data. Just purchase the cheapest one month plan right now to save your data and extend the time.
Fashion › Re: Beauty In A Yoruba Woman - By A Nairalander (pics) by Seun(mod): 9:39pm On Apr 27, 2016
Unfortunately, bigness doesn't age well.
Romance › Re: Pregnant Teenager Attempts Suicide At Kubwa by Seun(mod): 9:33pm On Apr 26, 2016
Mariopgomery:
why are the police looking for her boyfriend to place under arrest?. did he rape her
Yes, he raped her according to the law because she is not yet 16 years old. If he is also under-aged then I don't know what that means.
Romance › Re: Pregnant Teenager Attempts Suicide At Kubwa by Seun(mod): 9:32pm On Apr 26, 2016
Parents often react with explosive anger when their lack of attentiveness bears fruit. This reaction often causes the situation to get worse. Sad.
Phones › Re: Please What's Happening To Nairaland =Webmasters +pics by Seun(mod): 1:59pm On Apr 26, 2016
flowjoe:
boss man pls hep me rectify my issue of time spent online,
i had 1 month & 29 days instead of going to 2 months it went back to 1 month
ur mods sef can be snubbing mention obinoscopy or honsule dem go juss dey form busy, so i want to bring it to ur desk straight
I've not looked at the code responsible for that stuff in a while. The code needs to be re-architected, and I have to do it myself.
Nairaland General › Re: Nairaland Moderators: This Situation Is Quite Careless And Uncalled For By Desch by Seun(mod):
deschyko1 was banned by the antispam bot and not mynd44. He was unbanned by Fynestboi. You owe mynd44 an apology.
TV/Movies › Re: Game Of Thrones Discussion (Beware Of Spoilers) by Seun(mod): 1:39pm On Apr 26, 2016
should we have a new thread for season 6?
Nairaland General › Re: Nairaland Moderator Should Wake Up by Seun(mod): 5:21pm On Apr 25, 2016
cashreport:
Read through comments and see the high number of people complaining everyday of been banned by a " certain " moderator

What is actually happening ??

Is it a deliberate action or act to reduce the number of visitors in Nairaland??

Seun you have to take note oo

Investigation have to be done ooo

Who is doing this bad thing
Why will people be complaining here and there of a certain mod banining them for expressing themselves
This is sad angry angry angry angry
Did those people not break the rules of Nairaland?
Phones › Re: Please What's Happening To Nairaland =Webmasters +pics by Seun(mod):
qloreal:
Sir I hardly get mentions too as people easily mistake the "q" in my moniker(qloreal) as "g". I'd like you to change "q" to "g" so I can easily notice it when mentioned. Thanks
www.nairaland.com/gloreal already taken
Pets › Re: Cat Available For Sale At Give Away Price by Seun(mod): 8:50am On Apr 25, 2016
14teenK:
Just bought it today.. . Turns out mom and dad still have dat local mentality abt pets cats especially
Your mom may change her mind about him after you clean him up and help him to gain some weight and he starts killing rats.
Pets › Re: Protein Sources For Dogs by Seun(mod): 7:33am On Apr 25, 2016
Shawa fish is a cheap protein source that can be mashed and mixed well with rice. Titus fish is better if you can afford it. I have never tried source but if you do,make sure it is thoroughly processed because raw soya contains poisonous substances that are removed by processing.

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