₦airaland Forum

Trippledots:
this exchange business sef, can a regular 8 to 9 worker do it? one with a monthly salary of <60k monthly as only source of income @ ymodulus and other gurus

Yes.

I make much much and very much more from exchange rates. Its a kind of blood money ( nothing like blood money exist. just used it to explain ).

mashnino:
Me i personally don't use blockchain as my wallet

i only use it to check their rate which i use for btc sales

i use coinomi, i feel it is more secure and has more functions than blockchain(based on btc wallet)

I do not agree.

BlockChain technology is now been tested by PENTAGON in the United states and its to be used as perfect of ther NUCLEAR WEAPON Defence Technology.

Also Wells Fargo Bank in the united States just upgraded their security mimiking the BlockChain technology.

Okay you might want to ignore Wells Fargo and PENTAGON ( which i don't think should be ignored ), but let me tell you that United State Senators are seeking blockchain guidance on currency reserve Tech?


Just like a product which will strive to get a notable worthy celebrity as the face of its product, so also i feel are the status of these three major institutions behind blockchains. The difference here is blockChain is paying no one. Rather just attracting Crowd.


These are more than enough reasons for me to believe its more than secure.


http://www.coindesk.com/22-us-senators-policy-blockchain-tech/
http://www.coindesk.com/wells-fargo-anz-blockchain-prototype-banking/

toluxa1:
Blockchain is currently down. Can't access either phone app or website. They said it's a DNS attack. Abeg o

DNS attack different from issues. Domain name attack such a big term. Abeg no give me hypertension .......... lol

toluxa1:
I don't think it's a sellers concern to know the rate between btc and dollar, if you're selling naira/$.
It's the buyer that should calculate how much dollar worth of Bitcoin requires. I sell my Bitcoin say N520/$ flat, whether btc is worth $615 or $640.
This will only apply if you're selling your bitcoin per BTC, e.g N330,000/BTC

This is correct, but only in nigeria.

The way we sell bitcoins in nigeria is totally wrong. And its one of major reasons we have few nigerians trading on international platforms etc.

If you should do your calculation well you will come to notice that trading on some sites like localbitcoins and all will almost give you same profit as selling as a major wholesaler in the country...

The above though i see is changing today....

chemashie:
You are right though. I think things are done differently in Nigeria...lol. I was surprised the btc price in Nigeria was on a bearish (dropping) while the same price was bullish (spike) on other platforms. One has to blend in both ways to buy and/or sell.

Yes toluxa1 is right. In nigeria things are done differently.

For example there has been a rise in price of BTC Internationally but a drastic fall in price locally. In nigeria, bitcoin hasnt really come into play as a well needed legal tender aside the need by those so called MMM, Bitcoin doublers and all.

You hardly see nigerians using bitcoin to trade and all. Sadly, some of the so called african heroic bitcoins exchangers - likes of BitX and even NairaEx are not helping matters.


Am not suprise, i have learnt that its only in nigeria that economics laws are bull crap. Laws of demand is opposite and so also is supply.


I honestly do wish several nigerians can trade bitcoins internationally. It did be a good start for us all. I am so certain of this because of our so well grilled hoardling mentality can be a plus

Cunnilingus:
While in school I ran a biz center and a game house. So I saw my self through school and even bought a car though my family is well to do. I dont like depending on them. Am from South East but am thinking of moving to Lagos


I have a cousin into car parts. He wants us to partner and bring into parts from China. The problem is that he is an illiterate. He served his oga years bk and was settled. He is doing pretty well but has no idea on importation. Anyone that has an idea in that can also help out



Cc: dominique naijacutee

Dont do that yet.


Lagos is overhyped my 2 cent. Except you want to go into drinks and bar of which you clearly dont want too.


On what to do with 2.5Million naira, i know you confused but nairaland is not a place to solicit for such kind of advice.

[..

toluxa1:
Ymodulus sighted

See my oga ooo. Change hit me. Recession turn me black and white.

I fit see anything for your side?

$4,351 Bitcoin available at 500naira/$1

@ Seun

If i talk about the bitcoin business, importing and trading it locally or buying it in china and exporting to america and selling out.


Also buying and trading such.

I hope its not against the rules of nairaland?

kilokeys:
when i was depositing millions and hundreds of thousands in my hmm T B account.. i had an account officer call me up from time to time..


now the account balance is 7 naira... she no call again o


she no dey even pick my call.. ( i wanted to congratulate her on her new baby o)


i thought we were close

I dont know if its just me. But i think bankers or say most bank account officers dont like customers running TBILLS

winkmart:
Who is still saving their money in Nigerian banks, when you have the opportunity to save ur money in dollars through BITCOIN.

I have all my cash in bitcoin now and bitcoin is a currency that never depreciates. Besides there are a lot of investment opportunities for bitcoin owners that are not available to Naira.

Abeg, make Nigerian banks park well, make I grow my money in bitcoin.

Bro, no offence but i do not agree with you.

I understand your point. However sometimes Bitcoins depreciates in value.

Except you talking about trading then i have no problem with you on that. However how many of our nigerian youths are that smart??


You wil agree with ne that, playing smart and in a day you can make as much profit from bitcoins.

Why this is nice ,

i wont advise you store your personal money in bitcoin due to its volatility. Only yesterday morning it was $611/ BTC, at end of the day around 4pm it rose to $619. IT fel bck again to $614/BTC around 17:10 and now its $622/BTC.
Not so many nigerians can have bog heart for this

All am trying to say its that storing all your money in bitcoin can be a gamble for the not so wise. Only this year alone around March or may bitcoin came down to an all Low of $500+ to 1 Bitcoin from About $700.


So please fellow nairalanders be wise and dont just jump into everything you read.

Bye!!!!


See below, just in about 5minutes this moning notice a difference of almost N400 depreciation in Bitcoin. Thi is to tell you that it depreciates and appreciates.

Note the the volatility can be a blessing in disguie. To my currency goon. If you know what am saying. As we nigerians are masters in the game of currency volatility in respect to profit making

** first image was around 07.34am today
** second image around 07.43am today.

Let me ask you. Only with naira depreciation of N2nira nigerians keep shouting and are ready to die. How muxh more N400 in less than a day?


** image three shows the volatility of bitcoins and all time low at around $500 and hike again around $700+ to fall again to $600+

Cn your Cirtual Visa card recive funds?

Like making a money transfer from 1 card to another?

DhimxyMaxwell:
I'm not used to e transfer, can gtb Mobile app do that?

ok

kinswhite:
pls whats the procedures on how to use electronic transfer ?

By electronic transfer i meant internet banking either on a computer or via mobile application.

Then in the box marked remarks fill it in with the reference number.

I believe you understamd now.


Note*
I think it is important for the OP of this post to stress the fact that this method of selling BITCOIN is actually BITCOIN TRADING and in doing this, you watch the market before placing a stoppage order.

Goodluck guys, play smart and in a day you can make as much 230,000naira with about $5000 worth of bitcoin.

Be very smart.

Warning!!!@ i wont advise you store your personal money in bitcoin due to its volatility. Only yesterday morning i got at $611 end of the day around 4pm it rose to $619. Inmediately i placed a stoppage order and traded. And automatically sold ffor N539/ $1. I wont state how much i got it. But this was a good deal for me.

I then withdraw and before i knew it by 5:10 it fell to $614 with a trading rate of around 533 naira. Which was a good deal though not like the latter.

All am trying to say is this method the op is stating is more of trading than selling. So be wise.

Another way to trade of without dealing with local exchangers is to go international, buy from an international merchant and then trade on international platforms either a peer to peer platform.

You can do an Itune to Bitcoin business. HAHAHAHAHAHA!!!!!! massive mega profit.


Bye!!!!

DhimxyMaxwell:
Can I deposit my bitx wallet using *737# GTB online transfer?

Advisable you go via electronic transfer. So you can input the reference code

Jumaii:
Please can you take those pics off, i beg of you? it is making my skin crawl. Thanks @ymodulus

I am sorry ma. I just did take the picture down.

Jumaii:
But how do you explain the doctor's report which states that she is perfectly ok and is suffering from no allergies whatsoever? You think i should get a second opinion ?

Ma, look at his i saw on the internet. You can also google search for further insight. In most case, doctors report are perfect. So ma, please dont attribute it to any sort of spirituality.

Seun:
It means the doctor failed to find out what was causing the problem. You should press him to tell you what is causing the lines if she's ok.

I Agree.

@Jumaii,

Disregard the fact that am Atheist, and you feel i may want to side Seun's explanation.

I speak from experience, witnessed here my a closed nairalander, Initialise , i experienced such about 2months ago. Ma, i went to Nigerian Turkish Hospital, Nimiaye Life Close to Citec Estate Abuja.

Mine was also at my back. The Doctor told me clearly its allergies, he asked series of question, even to what i ate, and in all he gave me some bunch of drugs...

Now while am not aware of all allergies, but i am very sure of wrist watch, i react to steel wrist watch and will have swellings after minutes. Even water so cold, with some kind of insect bite- Something called whiteFly ( Not so sure of name ).

So ma, please there is no devil, or satan , or ajenu or whatever nigerians calls it, affecting your daugther. Its clearly Reaction.

In some northern states, a razor or pin will be used to pick the swellings for the blood to spill out and a certain pepperish leaves rubbed on it. This works.




Note* Try to determine things your daugther's skin reacts too.

gloryhouse:
Yes I have some mini flat in those area you mention but I don't have a studio but maybe they can allow studio in those places. Maybe.

Pick your call please

Do you have mini flat / studio apartment ? Around Omole Phase 2, Magodo Phase 2?

thanks

rymzo228:
we charge per square meter and we charge 2500 for every square meter,the cost of labour,materials and others are to our bills(2500) yours is just to mobilize us..we work everywhere in nigeria just call raymond today!

Explain please..... Also can you work in Abuja or Lagos alone?

Do you have short let mini flat / studio apartment ? Around Omole Phase 2, Magodo Phase 2?

thanks

Do you have short let mini flat / studio apartment ? Around Omole Phase 2, Magodo Phase 2?

thanks

AntiWailer:
Chai I was complaining about 30k from PH to Lag despite booking a week ahead.

Now I am scared of Air Peace cos I had a not so cool experience with their flight recently.

They are pretty expensive too.

Air flight price have doubled.

lifezone247:
After I pay 52k from abj to lag yesterday abi? in 2010 I paid 5k for same Dana air. God will save this country.

I paid N60,060 from Abuja To Lagos via Arik and it wasnt first class

Typing..



I hope the Army council would be wiser to upturn the judgement and put instrument in place instead of asking officer to use initiative and then slam them for using their initiative.

I think it was premeditated judgment, the court martial couldn't have delivered such judgment without tacit support of the army hierarchy.

Whynotthetruth:
Ymodulus kindly help neahyo if you can or link him to who can plz...thanks

Sorry did you mean nearby or neahyo? am confused on that. please clarify

Nonsense...

But with apps like this, you can easily call and it will even display your location for them to see and come to your aid,” he added.
Bello also said that the application contained safety and rescue tips for children, adding that the application would be simple to use.
In her remarks, the Niger State NYSC Co-ordinator, Mrs Bolade Loto, hailed Bello for the initiative.
Loto, who was represented by Mr Michael Macaulay, urged corps members to execute projects that would meet the needs of their host communities.
Also speaking, a special marshal, Hajiya Maryam Abdulsalam, commended the innovation, and hoped that it would go a long way to save lives.
Bello is a graduate of computer science from the Ahmadu Bello University, Zaria, Kaduna

They wont kill him now, If he had been of another religion.. i am sure some fools will shout Allahu Akbar and have him killed.

.