A Tweet From Elon Musk Has The Power To Move Markets And Mint Billionaires, Just Ask Marcin IwinskiIf you're working to get your startup off the ground, a tweet from Elon Musk can mean big business. Heck, no matter where you are in the lifeline of your company, a tweet promoting your business from Elon Musk can radically change your outlook.    Elon Musk is fast becoming like Trump whose Twitter account was capable of changing a bullish market to bear or otherwise. If Musk makes such a doggy take over post on his Twitter or anything more positive about doge, expect more bull for the coin Wow I didn't know he is the richNet worth= US$203 billion (As of February 2021)
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This is not Bitcoin or any other cryptocurrency, this Forex and like any online business if you are not vigilant and are greedy you will get scammed.
This is another importance of being careful online, scam exit everywhere. The need also arises here to use recognized and registered channels, escrows, exchanges or forex brokers. If you waited to check and investigate the broker name, perhaps you may have found something faking it up. Is a pity you have to go through this big lose if the story is true. This is just another version of what's known as the " Nigerian scam" .
You got scammed by experts .
Google "Nigerian scam" ,and you will see how it works . You already saw how it works !
What do you say about bounty scam and other exit scam? I'm sure Op fell into wrong hands. We need to be careful while online |
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And Despite all of humanity's flaws and evil self destructive tendencies We are still improving. Some of those paths will be wrong some will be right.
I look those human flaws from the area of government. IMO the government is the greater factor of wealth disparity. Every government have a set of people that they favour either directly by award of contracts or employment of the families of those at the corridor of power. They also indirectly favour some by throwing out some policies which will crumple some businesses and small growing businesses to show a light to another kind of business because of the policy, of course the saying that: when one door closes, another opens. That is exactly how wealth disparity is created as government continues to change hands. However, it is mainly for those who can easily metamorphose and change their course of direction as government changes policy but those who are weak or does not have the political and financial capacity, crumbles by the road side (is a survival race or fittest race). In Nigeria as an example, the banning of crypto related accounts will definitely affect operators and bank owners may have more money at the main time that monies may be kept in banks (as interest) growing from it pending when the crypto operators decide what to do. So at the point, some other business may start growing because of the ban like P2P which gives other people business opportunity. |
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Hello Manager I inform you that I have been accepted into another campaign. I want to express appreciation and hope to work with you again. I hope my little token for this week will be credited. Thanks |
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I assume that a Senior member leaving creates automatic space as campaign was open already.I drop my application for consideration. Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=986108Current amount of posts (including this one): 2241 Amount of EARNED merit in the last 120 days: 98 bech32 BTC Address for Payouts: bc1q7js2ze9hf8e4yadtcfee8f0vdfk25n2t2g0ruj I will change signature and avatar. Thanks
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Thanks for providing the link. It is not a total ban from that anyway. And thinking about that I didn't know that there was earlier warning to banks 3years ago when I joined this forum but we are still here now and bitcoin still unstoppable, meaning no government can really stop it if their people are already positive about it. Due to the fact that cryptocurrencies are largely speculative, anonymous and untraceable they are increasingly being used for money laundering, terrorism financing and other criminal activities. And this is not an excuse because the government embezzle monies in fiat including monies meant for salaries, roads, refinery and crude oil, corruption every government sector. |
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Last year was halving for bitcoin and after the year, history has it that after bitcoin bull come altcoins time. This year is assume as altcoins bull time, so discovering a good coin to invest on is one good agenda for this year and now that it is still early. You look at cmc and you see top altcoins growing faster and searching for lower price coin with good use is my desire.
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The whole story is that the Nigerian government is coming up with this bad policy to get back at the crypto accounts owners used to transfer money for support of #endsars protesters and this is unfortunate for the economy at large. I believe it will also discourage international investment, now that institutions are waking up to the use of bitcoin in their transaction and payment system. “As regards our recent policy pronouncement, it is important to clarify that the CBN circular of February 5, 2021 did not place any new restrictions on cryptocurrencies, given that all banks in the country had earlier been forbidden, through CBN’s circular dated January 12, 2017, not to use, hold, trade and/or transact in cryptocurrencies. You can provide link to the above quote. I can't see it included in the body of the CBN letter on your post.
How come they allow using cryptocurrencies to their people but they can't be able to withdraw their funds that come from crypto because their government did not support cryptocurrencies on any custodial wallet or centralized local exchange.
P2P trading can take care of fiat conversion very fine. You have your naira account or local account, you can exchange crypto coin and make payment with fiat. Is simple to transact. |
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But with surprise, bitcoin price has not shown any sign of such drop with 3 or 4 days more to go for the Chinese new year. The bitcoin price rather kept flying higher and defying many previous and negative expectation, price is currently at $46,457 and with more bullish move on sight, this year may be different with the Chinese new year. This is around 7 months after halving too, things maybe different. These are below some of the reasons attributed to why things may be different this time around: INSTITUTIONAL TRADERS COMING IN This year’s market has been very different from the past years’ and we are seeing very limited impact from [Chinese] retail traders’ behaviors” such as cashing out, mining pool F2Pool’s co-founder, Shixing “Discus Fish” Mao, told CoinDesk. “The current market is driven by institutional money and it moves with the emotions of these Western institutions. We cannot simply come to any conclusions on [bitcoin’s] price’s trend based on retailers’ behaviors. COVID-19 REMAIN'S A WILD CARD Even though the coronavirus pandemic is being treated as if it were well under control in China compared with most Western countries, a new number of cases in the past month has led the Chinese government to put more restrictions on traveling around the holiday time in the country. CHINA'S CRACKDOWN ON OTC DESKS
China’s crackdown on the over-the-counter (OTC) service is another potential reason fewer people are cashing out ahead of New Year’s, said people who are familiar with the matter.
The Chinese new year sell off may not happen |
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As of now nobody is able to predict the price of bitcoin in the long run. As of this time , price is still high to $38+ yet it is still expected to drop while the bull goes on. So we can't expect the bull to run more or stop. Be careful what you do with bitcoin, it is a volatile coin certainly.
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How have they taken care of fluctuations that comes with bitcoin. Now that bitcoin value has appreciated and few satoshi can make big difference in dollar, so what if price of bitcoin reduce which means reduction in dollar and same value of satoshi won't approximate into same value of dollar early. What plan was made for this time to  |
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Nigeria by the below data is the second largest user of pax to bitcoin and now the CBN has issued an instruction to banks to go after cryptocurrency account and pull them down. What effect do you think this could have on the bitcoin as Nigeria is fast becoming a large investor in the bitcoin market or is it just going to be one of those news coming from China on cryptocurrency ban and yet bitcoin kept moving higher. Binance already issued Notice Of Temporary Suspension Of NGN DepositsCountry Volume $ Country Volume BTC USA $3,755,463,837 USA 535,660 Nigeria $566,668,692 Nigeria 60,215 China $181,329,392 China 20,553 Canada $131,108,721 Canada 15,367 UK $119,440,278 UK 11,169 India $94,794,948 India 10,017 Australia $75,643,905 Australia 7,050 Kenya $55,292,942 Kenya 5,895 Philippines $22,733,649 Vietnam 3,323 South Africa $18,935,812 Philippines 2,121 https://www.google.com/amp/s/qz.com/africa/1947769/nigeria-is-the-second-largest-bitcoin-market-after-the-us/amp/ |
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Litecoin is a chaser and this is always what you need to understand. It has a history of coming behind etheruem and playing closely to etheruem but gets cut in the middle to retrace backward. However this is still a good move as it is yet to touch ATH. Hodling for a while won't be too much risk because bitcoin and etheruem are still doing up.
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Nigerian government didn't put this ban only their central banks asking all the financial institutions to stop their services to crypto exchanges but people can still hold and buy bitcoin using peer to peer platforms and on decentralized exchanges. This is what happened in India as well but people mislead the banking ban as complete ban and create chaos in the market for a while.
I think you have a cool idea of it. I don't think it will stop all aspect of cryptocurrency. Centralized exchanges maybe affected and bitcoin itself is decentralized and that makes it difficult to monitor. You can transfer coins to wallet address and only you have access to it. P2P is another channel. Moreover I think the Nigerian situation is politically motivated and it won't stay for a longer time. China did it and have relaxed there policy on it. |
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After I heard the news and circular flying around the Nigerian crypto space that the CBN has instructed banks to close down cryptocurrency accounts;  I have made google my close friend for the pass 24 hours, searching to see any reason related to the decision. Although no media house or government financial parastatals have given such needed reasons but from my study, I have deduced from individual comments and body language as SELFISH REASON. It is purely wickedness, myopically planned and meant to witch hunt certain people, otherwise how would that Nigeria Launches Digital Portal and Mobile App in September and nearly 4 months , coming down on a sector that will certainly ensure proportional growth of the digital economy and industry. I can't rap my head on the Nigerian system. How can a country grow this way? From my ravage on google anyway, I saw a reason linking the decision to: 1. Protecting the Naira as the fiat is largely converted into cryptocurrency. I saw another reason which happens to be the stronger point for me, that which is supposing that: 2. The #ENDSARS protesters made use of crypto channels in release of funds to execute the protest and this is a reason to come up with an obnoxious selfish agenda. In dissecting these reasons, the first point in relation to the naira from collapsing is nothing to discuss. It holds no brief for the government. The Naira has been on free fall since 1960, during the Nigerian civil war that lasted 3 years and during the first Republic in 1963. The Naira saw her worst falls beginning from the era of Democratic regime in 1999 with high levels of money laundary to foreign lands by Nigerian governments and politicians. Solutions to building the Naira is not far from a reasonable Nigerian mind and politicians and that is simply the tenants of good governance that will increase exportation rather than depending on importation of products that are taken away as raw materials in Nigeria (Appalling). To remind us, Nigerian is still battling to build a functional crude oil refinery So, to number two point which I see as major reason as The CBN directive comes just months after protesters in Nigeria used bitcoin to raise funds after authorities reportedly shuttered bank accounts associated with the movement., the Nigerian government have been on the case of some #endsars individuals and have confiscated some of their belongings including frozening their fiat accounts with the bank. I have no doubt again that this is another move to frustrate certain people. If a government wakes up to a decision against certain progressives , it means the masses and larger population will keep going down by the day. The government need to have a decision to grow with modernity. |
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I don't expect a major bull run again this year. I think the market will do a steady movement up and down and not a super run like we saw in 2017 and last year which are all halving year. Therefore, the halving years have been instrumental for bull runs if this is historic we can now have it at the back of our minds when a major run can come in light. We are going to have steady but less volatile growth but I don't expect a 6 digit before another halving.
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Buy bitcoin when price back to 80% crash and don't sell.
Daily trading is risky and you cant use it as a job.
A good advise for anyone trying to rely on bitcoin as a job. You will have heart break. If you only focus on bitcoin waves and volatility to make money to take care of your family, what happens when your expectation for profit is going off to south? You can just play around with bitcoin while you invest wisely by waiting for a huge drop to buy and not to always rush in so you don't feel bad. |
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