And I also remember I was a little carried off with anxiety as a newbie trying to look up coins to invest in in the expectation of a return, did I get it? The answer is No, I didn't  . That probably was because I didn't understand how to go about doing research and knowing future projects.

The hype is on and so many investors are coming in for quick money, they can put in money in any project that is hyping and it keeps going higher. Time will tell for many projects but at the moment, coins are hyping not all will survive.

You saw it, Channels TV and that is my amazement that cryptocurrency is now part of the daily market analysis and that makes the market a complete package. Discussing fiat dealings on commodities, forex and crypto is a whole lot of exposure to the crypto community. I don't know if international televisions like CNN, BBC, Al jazeera and others show such crypto analysis.

Yes and few others to fly with them. The bull is beginning to touch some coins that have been quiet for some time like tron , stellar, waves. For waves, I see it as a potential that is still undervalued. We expect more bull with bitcoin and that means more ATH for coins link bnb because of low fee when etheruem will increase fees too.

It doesn't only educate you on bitcoin and cryptocurrency, it also helps you to understand what is happening and what has been happening in countries apart from yours, relating to cryptocurrency, growth rate, challenges and perceptions.

Before this time, I have read threads on information about bitcoin and news from other countries including tax, adoption rate or hate speeches from government or individuals.

Just as I realize that the main purpose of the forum isn't really just about earnings (earnings are good to help things keep moving, you can get me right on that) but a purpose of information dissemination. Yes, if you have been reading on the forum, you may have seen threads discussing the Nigerian crypto space, the "ban stories" the level of cryptocurrency knowledge and digital awareness going on. This certainly will keep investors, enthusiast and everybody abreast of what is happening in Nigeria. Instance, you don't have to visit google or other search engine to know what is happening in Nigeria.

You can be enlightened in almost anything you want to know here, this is truly an information dissemination center.

I feel that the real altcoin bull is yet to arrive to our door steps if what happened in 2017 will occur that way. During the time in 2017, bitcoin had a dominance level that was above 50% /60% and then dropped below 50% before the massive altcoins bull. The story is looking different with over 50% dominance level of bitcoin but some altcoins are already in bull while the dominance level is still high, volume high and cryptomarketcap in trillion.



Bitcoin is still rising, altcoins bulling, this history of 2017 isn't repeating itself.

What do you think about this ?

It looks investors are buying every good projects

I don't think trading is that easy to determine price by just one single event. It depends if it is working at such point and with combinations of some factors but it is not certain to happen that one factor can determine price and you just predict not sure with how it can go.

Likewise more people have made this opinion about bnb. When ever etheruem or bitcoin goes up in fees, investors immediately move to use bnb and that is giving the coin an edge to dominate and soon the coin is going to bull very higher gaining more than 50% this year from the way the bull run is playing out because in the last volatility of bitcoin, bnb stand as the highest gainer from this year.


One of the best reputable that catches the eyes of Nigerian business populace. They are top notch in there reportage


I was thinking I'm part of the few with users here who are aware of cryptocurrency but it will shock you that on the streets of Nigeria, youths are buying different coins and hodling, some are trading. This is simply the power of globalization which internet/online services are born out from.

From this channel, some altcoins have been identified as performing very well especially bnb that top the list as top 5 gainers in altcoins market while some have not.



Top 5 gainers



Top 5 lossers



What is your analysis like on this. I have seen ripple keeping the chase despite the challenge.

Earlier today, etheruem was selling $1,663 just as bitcoin dropped pushing the altcoins down also in volume



But with the increase in the price of bitcoin back to $55k from $53k, the price of bitcoin has also appreciated to $1,710.

This is confirming the movement of cryptocurrency with bitcoin having the balls of cryptocurrency. Why do you think this has to always happen ?

Adaptation is already on going with the current price level even with covid-19. Institutional investors have made it easier as the global awareness is growing and more investors are coming in. In the usage of bitcoin, it is conveniently used as payment system especially P2P .

Read this interview from Reuters you see that in Nigeria and indeed Africa, adaptation have since stated.



You could either create your own thread for every user to see clear and not to hide under this thread he he.

100,000 USD for 1 bitcoin is a speculative fundamental and also for 1 million USD for 1 bitcoin. There are all speculative and no proof until we get to each point depending on when. So do as you have seen and to what you think best.

This thread will fit on speculation board.

I have heard everybody pulling doge coin down but the price has moved from 0.02 to 0.05 this year. Doge coin may keep some surprises going but the big issue is the number and it is handled by community so burning may not happen.

I think the facts have been started that the restrictions are on the accounts tied to banks. Like those running an exchange to bank kind of transactions and that was why binance deactivated such accounts that was tied to Nigerian banks. But P2P has been optimally utilized without problem for now.

However, I see politics coming to play in this whole issue because the Senate is also doing her questioning and I know the Nigerian senate to be highly political in decision taking.


Scammers look for such opportunities too to get their own flesh. We need to be careful before we transact.

All those you have mentioned about AI does not stop people from achieving anything they want to including wealth and comfortable life. AI is only what is important and not the height of acquired knowledge you have. In Africa in example, AI is key and important. Wealth has not only been measured by knowledge but AI. Most people not acquiring knowledge in school have made it to high class before even they decide to acquire education.

The cryptocurrency business is not only helping Nigerians but the whole adopting countries. You can't compare the price of a bitcoin to the fiat currency of any country. To hodl a bitcoin is a big plus to anybody in the world. This is a new discovery that changes people's lives and play a big role for them. Yes, Nigeria is actively involved in bitcoin and that's why the adoption is increasing daily in Nigeria because a Nigerian is part of a family with cousins, nephews, nieces and in-laws also.

Government scheme is not the best place to do these kind of analysis because not everybody can get into government and that scheme is also automatic for the government employees who are lucky to have government job because monies will be deducted automatically for the purpose of retirement while you get monthly payment also.
Like the pension scheme, your money is sent into it for you but for individual who is not employed by the government, this is a difficult task to do if such person is not prudent and wise to invest. Early investment is good but not many are employed at this early youth age and that is why you have large number of poor old people especially in third world countries.

By interpretation from there earlier statement, I know it was banking activities with cryptocurrency that was restricted but Nigerians generalized it to be a ban affecting all class of crypto dealings but enthusiasts have since being successfully dealing in P2P.

Central bank itself can't ban cryptocurrency in Nigeria but it has to go through legislation to outlaw it through presenting it as a bill to be deliberated. Well , is a good thing that they (the central bank) has cleared the dust now. I know that further positive clarification will be made on this.

Nigeria is a big bitcoin and crypto place and a major reason for this growth is unemployment. Where there is high unemployment and poverty, the people strive to survive and the government is coming to reality with the poverty rate, they can only open up the economy through digital trading that allows everybody to be a part of for surviving on their own decision.

$69,000 at 4/20 is not that huge or big deal to hit. The price trading at $58,973 at this time , that means the difference of $10,000 within a month. Yes , it is possible to happen. All is needed is stability around $60,000 area and the deed is done. The American stimulus has been a big factor to the initial increase last year and I'm sure more lose money are coming into bitcoin investment this time.

Art the threats from countries that are seeking to ban bitcoin is with excuse that people use it for illegal dealings but this is not a reason good for talking negative about a digital asset , fiat has been used for all that too. The whole of them will eventually look at regulation in their country home, banning of cryptocurrency will only take the countries out from global businesses and that will bring them backwards.

There is just one reason for all the positive accolade for bitcoin

All you hear now about adoption, big institutions buying, social media platforms opening arms for bitcoin ads and discussions everywhere about bitcoin is that it didn't collapse during the covid-19 year, 2020.

The year known as 2020, was the litmus test for bitcoin but instead of falling, it measured huge strength and taking over the negative effect of fiat contact and turned it to its positive strength. It showed advantage on this over fiat and in fact served as measures to protect further contacts.

All the fund couldn't pull the coin down including the hard times of covid-19 year. This made the plus for bitcoin, it kept raising from strength to strength and haters don't have choice anymore.