₦airaland Forum

Bitcoin’s current exchange rate is 2883.57 USD
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Best way to invest in crypto long term is to buy dirt cheap in accumulation and never sell it. Still holding my original $ETC position. https:///V7afOQnKnd

If they have started this way, then it won't be long before their researchers win the Nobel Laurette.

The Nigerian Electricity Regulatory Commission (NERC) has directed electric consumers not provided with prepared meters by March 1 to stop paying for electric bills presented by Distribution Companies (DISCOs) on the basis of estimated billing methodology.
The commission also ordered the DISCOs not to disconnect any such customer that refuses to pay the bills and further advised such customers to report to the commission if disconnected.
NERC gave the directive on Wednesday in a statement on its website and said it was part of its sanctioning of defaulting DISCOs who failed to provide meters for its customers before the March 1 deadline.
In line with its mandate of protecting the rights of customers, NERC had in June 2016 after consultation with the operators, directed DISCOs to conclude metering of all customers before November 30, 2016.
According to NERC, the commission at the expiration of that notice, granted three months moratorium which expired on March 1, to enable the DISCOs effectively execute the metering deployment plan for MD customers.
According to the statement, the sanction was sequel to the expiration of the initial directives by NERC and the moratorium period given to DISCOs to meter consumers.
The statement reads in part:
“A directive was issued to distribution companies by the Commission in June 2016 for all MD customers to be metered by 30 November 2016.


“The Commission received appeals on compliance deadline from distribution companies prior to the expiration of the 30 November 2016 deadline. The deadline was extended to 1 March 2017 after consideration of appeals received from distribution companies.
“Upon due consideration of facts above and the expiration of the compliance deadline granted to distribution companies on the metering of MD customers; the Commission hereby directs as follows –
“1. Any MD customer that was not metered by 1 March 2017 shall not pay any electricity bill presented by a distribution company on the basis of estimated billing methodology and these customers are advised to report this to the Commission.
“2. No distribution company shall disconnect any MD customer that was not metered by 1 March 2017 on the basis of the customer’s refusal to pay a bill issued after the compliance deadline on the basis of estimated billing methodology.
“3. Any MD customer that was not metered by 1 March 2017 should notify the Commission directly.”

1BTC

Naira = N1,051,000

USD = $2882

Euro = €2574

Pounds = £2261

Exchange rate = 365

Josh Hannah is a general partner at Matrix Partners, and the co-founder of Betfair, an online market for sports betting

In this opinion piece, Hannah offers his view on the recent swings in cryptocurrency prices, arguing that whether or not this activity amounts to a bubble is in the eye of the beholder.



While ample warnings have been written in the last two weeks about a price bubble in cryptocurrency, many seem very simplistic in their analysis, focusing entirely on the run-up in price of the leading tokens, and the frenzy around ICOs, as evidence that prices must come down.

Some very savvy investors have echoed this sentiment, with a more nuanced point of view: the long-term potential is huge, the short-term pricing is unknown, so don’t invest in a way that will leave you exposed in the event of a massive downswing. This is good advice.

There appears to be a frenzy around the issuance of new tokens in the form of ICOs.

Many of these new protocols and apps based around a token have an interesting premise but little, if any, market proof. By conventional investing metrics, the 'risk-reward' on the pricing of many of these seems off, even to savvy investors in the space. Unless you deeply understand the details of the new token being offered and have a strong point of view on its value, this seems more like gambling than investing.

In my view, bitcoin and ether are different. There is much that is unproven about their long-term success, but there has been a lot of de-risking of these protocols already. They have vibrant developer ecosystems, a diverse ownership base and highly liquid trading.

With that as context, there are three thoughts I would like to add to the discourse that I have not seen widely discussed:

1. Equity bubbles are a poor analogy for what is happening

One can sanely argue an equity is overvalued by forecasting future performance of the business and the resulting cash generated. In the dot-com bubble, a company called Internet Capital Group had $70m in revenue, $150m in net losses, and peaked at a $56bn market cap. You don't have to be great at math to figure out the business was unlikely to produce the profits necessary to support that value.

Bitcoin is not comparable: as a unit of value independent of any earning stream or productive use, the total money supply is untethered by economic productivity. Some, like Warren Buffett, view assets like bitcoin and gold negatively, and eschew asset investments that lack a means of producing cash flow.

But as a unit of money, it also means the value of bitcoin can sustainably grow at a much faster pace than most real-world businesses, because it is untethered by building products or services; it is solely tethered to how many people believe that it is a valid store of wealth.

The world believes gold is a reliable store of value to the tune of trillions of dollars. If and when the world believes the same about bitcoin, it will be worth 100–1,000 times what it trades for today, and that can happen at the speed limit of people 'buying in'.

2. It may be true that a price rise in BTC and ETH is being driven by speculators

However, unlike equity bubbles, the addition of new buyers to the ecosystem actually increases the value of the underlying token.

The value (given fixed supply) is simply a product of scarcity, which is going to be directly related to how many people hold the currency. An additional buyer of Tesla stock does not increase the long-term cash flow of the underlying business, but each additional speculator who decides that bitcoin is valuable increases the underlying value of the bitcoin network.

If bitcoin succeeds, there will likely be a series of tipping-points where the value jumps up due to a widely observed new plateau of acceptance.

3. Trading in and out of the token based on price movements is shortsighted

Yes, you might be clever or lucky and make some quick money, but if you are in this for the 100–1,000-times potential from here, 'profit taking' on small moves is picking up pennies in front of a steamroller.

What if Warren Buffett or JP Morgan surprises the world and announces tomorrow they are all-in on bitcoin, and the price goes up 10 times overnight and never comes back down?

If you have 'traded out' you will regret it.

This post originally appeared on Medium and has been republished here with the author's permission

Chancellor Dedicates Covenant’s Research Feats to God

The Chancellor and Chairman, Board of Regents, Covenant University, Dr. David O. Oyedepo, has attributed the recent accomplishments by the University in the field of research to God’s hand manifesting itself in the various research works of faculty members of the University.

Elsevier SciVal, the world acclaimed ready-to-use solution that offers easy access to the research performance of 8,500 research institutions and 220 countries worldwide, had in its recent computations ranked Covenant University Number One (1) globally in some research endeavours.

Looking at the data from 2011 to 2015 as calculated by Elsevier, Covenant University was rated World Number One (1) in two research areas: Wind Power, Wind and Turbine and Corrosion, Corrosion Inhibitors, Carbon Steel. Covenant was also rated World Number Two in two other research area: Trade, Remittance and Effect and Housing; Residential Satisfaction and Satisfaction). Twelve other areas of emerging competencies were identified.

These achievements had enabled the University to identify 16 areas of competence to invest in, research wise.

Speaking at a banquet he hosted for the past and current Management of the University and research leaders on Sunday, May 28, 2017, the Chancellor stated that no man is self-made, but God’s raw hand is key to the fulfilment of anything worthwhile in the life of any man.

While commending researchers and members of Management for the feats, Dr. Oyedepo exhorted the gathering about the importance of humility, and constantly acknowledging the place of God in the attainment of any feat, be it in the academic or any task in life. This, he noted, is the easiest way of avoiding pride, the silent killer of destiny.

He posited that the time has come for the black race, with Covenant taking the lead, to shake and reshape the world, “because 99 percent of the feats and accomplishment from the Covenant University base is a function of inspiration”.

The Chancellor revealed that he was already crafting new programmes to bolster the existing ones, towards making the University’s graduates excel better in their various areas of endeavours.

“As researchers, the accomplishment of your mission on earth through quality publications, research works and innovative products must impact positively on human lives. However, it is not your presence and skills that will make it happen, but God’s presence that will speedily fulfill the Vision set for the University,” he said.

Dr. Oyedepo predicted that in the nearest future, Covenant will become an institution that will predominantly enroll international students due to the University’s competitiveness with its foreign counterparts.

In his remarks, the Vice-Chancellor, Professor AAA. Atayero, who reminisced over his foundational days at Covenant and where the University stands today, stated that the prowess and high competencies of the University had caught the attention of the world’s major providers of scientific, technical, and medical information.

According to him, Elsevier was preparing to interview scholars and researchers of the University in a bid to understand the strength and prowess of its researchers, which cannot be ignored on the global scene.

The second substantive Vice-Chancellor of Covenant University and current Vice-Chancellor of Landmark University, Professor Aize Obayan, while commending her colleagues for buying into the Vision of the University, noted that the compelling vision behind the idea of Covenant was enough to celebrate the successes and accomplishment in the past 14 years.

The forum also availed key researchers, whose works had attracted the recent honours to the University, to speak on their research works and the impact that they will have on human existence and better environmental preservation systems.

Also present at the event were the Vice-President (Education), Pastor (Mrs.) Faith Oyedepo; Resident Pastor, Faith Tabernacle, Canaanland, Ota, Pastor David Oyedepo (Jnr.); Deputy Vice-Chancellor, Professor Shalom Chinedu; Acting Registrar, Mrs. Mary Aboyade; and Director, Financial Services, Pastor Bayo Oladehinbo among others.

BITCOIN

Naira = N1,042,922

USD = $2883

Euro = € 2576

Pounds = £ 2262


Next price will be updated tomorrow

Following the upsurge of the price of bitcoin and other cryptocurrencies, we shall make available, daily price quote for bitcoin and also if you want to sale, you can sale to us.

Watch out for the first update tomorrow morning.

We pray God helping us we will make this place a delightful place get daily quotes.

Thank You

Please we need advise on how to handle this case. My little Niece of about 10years was raped yesterday night here in Rivers state although we have arrested him and handed him over to the police, however, we know how the Nigerian police behave, they can release him and collect money if they see that the people that brought the person is not making any effort to take the case further. Please if anyone has contacts of NGO's in charge of RAPE CASE should please drop it here or better still, call me: O8O679888O6.

Thanks

Please admin help and take this to the front page so that the right persons or NGO's can see and come to our help.

Let's go into food packaging. I will manage it

Port Harcourt Rivers State, we sale at 900naira per create

We have well eggs in large quantities and we need buyers. If you are interested, contact me with the details below.

O8O679888O6

I'm in daily need of Bitcoin, if you live in Port Harcourt, you can contact me for One on One Transaction.

Do not contact me if you want me to send money first, if you cant send first or we meet one on one, don't border contacting me. Thanks........

contact me on whatsapp or call O8O679888O6

I'm in daily need of Bitcoin, if you live in Port Harcourt, you can contact me for One on One Transaction.

Do not contact me if you want me to send money first, if you cant send first or we meet one on one, don't border contacting me. Thanks........

contact me on whatsapp or call O8O679888O6

The Nigeria Immigration Service (NIS) has cautioned prospective applicants seeking employment into the service not to pay any money to any person or group of persons.

NIS Comptroller-General, Mr Muhammad Babandede, gave the warning in a statement signed by the service Spokesperson, Mr Sunday James, on Monday in Abuja.

On Monday, the Nigeria Security and Civil Defence Corps (NSCDC), Nigeria Fire Service, NIS and Nigeria Prisons Service boards announced approval for recruitment.

Babandede has now told applicants to follow instructions given in the advertorials.

He said: “the public is hereby advised to strictly follow the instructions as specified in the advertisement.

“Applicants must shun every request for monetary inducement by any person or group of persons, either in person or through fake online accounts.”

Babandede also urged the public to visit the NIS official online account —www.immigration.gov.ng for further information and clarification

This post seeks to share how much various persons bought or sold their Bitcoin on a daily basis.

Feel free to stick to the idea behind this post.

All Added to the group chat.

Please no emails please

Everyone has being added to the group,

Please we need action takers and not time wasters.

Today's lecture comes up by 8pm.

Make it a date with us

All that droppes their number has being added to the group, except for some that dropped contacts they don't use for whatsapp

Everyone that drop there contact has being added

I know many here already know what bitcoin is and its value in the market today. But not too many know how to accumulate this coin.

What I will reveal to you for free is what others charge 3000naira for. But I will not take a dime from you . What you need to start accumulating this coin is just a little investment of 13500 only and if you wait any long it might be more than that because when I started last 5weeks I started with Just 11000 naira but today the price has increased by 2500naira.

Bitcoin price today is 746usd

The market focast is that on or before December 31 it will hit the 1000usd mark.
Imagine yourself having 160.91 btc in 3months time

@ 1000usd with a naira price of say 450?
Let me allow you conclude the calculation.

No much talk, if you are interested and want to know more please drop your contact and I will add you up to our group.

Please only those that are ready to take action immediately after being taught the way is welcomed.

Time wasters just don't border dropping your whatsapp contacts please.

Let's talk more about Bitcoin in the chat room.

See you soon

nsiazu:
I've not seen it Sir,

The title is Facebook and clickbank cash