₦airaland Forum

Bullish99:
A lot of folks here lack sensible reasoning and I simply do not blame u all cos u actually know no better.

How's it hard for u to fantom that the uptrends isn't based on importations or economic factors that drives a country economy normally but speculations and manipulation.

Whichever way if u all like b making money in dollars. We would all feel the heat and make noise for solutions when it gets unbearable.

Like for real bro, this argument ensued sometime last year and the facts have not changed. BDCs operators currently use Binance to know current and prevalent rates … how is it difficult for some people to understand that any rate prevalent on a popular exchange platform will have effect in the real market place… we went ahead to show them screenshots of Merchants unnecessarily and arbitrarily manipulating prices : for instance u see a buy order at 1702 and the one following it will be 1745 and another at 1788… that’s unreal and does not reflect the true value of the naira. But a lot of them have failed to see these reasons and instead argue all the time … So let all man go with what they believe

Realmrsean:
So people saying binance should be regulated.. now that it has been regulated, has it stopped the free fall of useless naira?

Maybe they should go over to bybit, bitget, paxful etc and also force them to regulate it

Idiots and dunderheads

The psychological effect of Binance has more impact because it is more popular and a lot of people quote their rates using binance rates… do you think that if the system is not limiting buys at 1802, dollar would have been at 1800 region now? It would have likely flown to 2000 with the rate the Merchants usually hike prices. I don’t know if it’s a rumor or the truth but I’m positing strongly that if the government reaches an agreement with binance or goes after them effectively… rates will be stablized just as we are seeing today.

lrman:
Yet you will still sell dollars at the x5 if it gets there , why can't you say No i am a patriotic Nigerian and I will not be like other people who are happy with it. I won't sell at such high price i will sell at 100naira..I want to be different

So for someone who wants it to reach ×5 and you that will still sell it at the same exorbitant price..what is the difference between them?? Why do we like deceiving each other in this country , don't you know that someone that made a wish and those who took advantage of the wish are now the same thing ?? The time that I will say you are different from me is when you refuse to sell the dollars at ridiculous price that people are wishing for , we are both going to sell it at the ridiculous price , so why are you saying anyone normal will not wish bla bla bla , so if those wanting the dollar to keep rising is not normal , what about the person that still keep taking advantage of the rising dollar?? Are they not both there for the profit ?? I wishing for x5 is only thinking about the profit , you selling at high price is also thinking about the profit , so??

If you are not thinking about the profit , why can't you sell at 200naira and see if people will not rush you ,or will you be arrested if you sell it at 200naira ?? Sell at low price so that you can be considered as a normal person that is not happy with the present rate but you won't do that I guess

Comment such as this is why i advise people to select the kinds of people they get into arguments with on the internet…it’s not every body on the internet that is reasonable and most of them still have opinions. Just imagine trying to respond to this comment now; how low you will have to go from first repeating what you previously said to trying to explain it … it’s kinda having stress IMO.

IRL, you look at people reason b4 you engage them, that’s the same thing that should be done on the net.