Is there any crypto ATM in Nigeria? If yes I will like to get few location to them.

Bitcoin ATM most that I have read about have a very high rate compare to current market price there price is always higher  so its not even a good thing to make good use of it to buy bitcoin.

If you truly used the bitcoin ATM like you claim could you please share us some light as to how the process started and how it ended and which option you used deposit or withdrawal?

With your post history I just finds it hard to buy your story any more.

It's just an image taken from Google. The image you used can be found here: https://coinatmradar.com/bitcoin_atm/39163/bitcoin-atm-general-bytes-lagos-ci-cryptosolutions/



According to Google data, the ATM is located at:


I wonder why this member often makes up questions, and I think it's just a lie about him using a bitcoin ATM.

First and foremost the only military president Nigeria ever had was General Ibrahim Badamasi Babangida. Other military rulers/heads were referred to as military heads of state.
Therefore, my answer below is to the question: “Who was the best military head of state in Nigeria”
I believe that would be a hot debate between Late General Murtala Ramat Muhammed and ex-President Olusegun Obasanjo.

https://www.quora.com/Who-is-the-best-military-president-in-Nigeria

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What happened to Freebitco today ? anybody having problem accessing freebitco right now ?

I am not here to discuss the economic hardship that our failing naira is putting on the citizens of the country, I am sure the matter is already discussed in some other threads. I am here to discuss the projections for our naira against the dollar.

What economic policy do you think can be utilized by the government to stop this trend?

All these won't be necessary for a long term holder so I will replace your quote with
. a long term holder have no reason to learn about market movement or charts although no knowledge is wasted you can just glance through it but there no need to stress on it. Only a short term trader would really need to know more about the charts and market movement.

Lately, I have noticed in most crypto groups I'm in,  many crypto enthusiasts are increasingly participating in airdrops and crypto events organized by exchanges or project developers to earn USDT or tokens. Is it because these "people" are afraid to trade or they do not believe they can make money from trading? Don't get me wrong, I understand that this can also generate passive income, but what I'm curious about is whether these activities truly yield significant profits or not.

As a trader, you are to no the type of trader that you stand for! Most times people flunk to respond to this question.

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Well, op from the glance of things numerous people today in the trader’s world do not research themself before hopping into the trading world and, I guess this is very mistaken by the public.

As a prominent trader or investor, I guess the first thing to do, is to check your internal self-esteem, and also no your mind-fitness when trading, and your trader’s equilibrium, the most  important is “What type of investment are you good at” Most people think traders are also fortunate all the moment”
Come think of it is trading fortunate?

To me that is not correct Trading is all about your proficiency and apprehending and how you control your frights and tolerance, and I think your tough labor amounts to something a lot too.

He was just fair and not that good has you have said. Late President Musa Yaradua should have been our best president so far in the recent time if not for his death. I believe he will have revived Nigeria to some level if not for his death, may his soul rest in peace.

My country people, I greet Una o. Abeg I go school graduate o but e get one thing wey I Neva really understand and I believe say the forum na the best place to ask the question. I wan really ask how dollar wey oyibo Dy use Dy take Dy affect the prices of goods and services for our country because if to say na only goods wey dem import I for say na the exchange rate when making payment but how e take affect things wey we they source raw materials locally come produce here like garri, rice, indomie, cloths, and other things
This thing Dy really make me struggle and look for means to earn in dollar.
Abeg I Dy wait for replies if possible use graphics, practicals, example and illustration anyhow wey I fit use understand am.

With the way things are going in Nigeria. Youths have decided that any way is a way oo. Nigeria youths are now taking every single opportunity to put food on their table.the economy present situation is not encouraging at all. We can now see a lot of crazy things happening on the street.

A girl I know who is just 18 years old has an inborn skills of fashion and designing such as Hairstylist and the Dressmaking. This has been her dreams to make it a reality but her parents are ignorantly trying to stop her from achieving this dream instead they wants her to go to the university and acquires degree.
Now that she is being forced by her parents at what she doesn't have desires for, her obsession towards her passionate dreams would definitely not let her concentrate on her studies as she keep grumbling that she would dropout of the school somedays if her parents persists she must go to the university.
The parents reason is that they wanted all their children to be degree holders but yet the graduated ones whom had obtained their own degrees could not yet boost that the acquired degrees has offered them high graded personalities neither has they been able to secure the white collar jobs with it instead they still returns back to the streets of labour markets struggling to make better life without the requirement of degrees.
Due to the side of the World we are, if you are not surrounded with high-profile persons for recommendations then the probability of gaining a prominent job with your degree would be difficult at the range of 95% impossible.

This little girl insighted the sceneros and then decided to manage her time, utilizes every moments of it in a productive exercise, safe her parents some expenses pertaining her university expenditures at her decisions to make a different that is why she chooses to go through fashion studies to enhance and advance the skills of her dreams

So I think it would be waste of time, finances and efforts of her parents insisting that she must go through the university because she doesn't see her stars shining over there, no desires and no Passions for it at all.
And so I think she would be more utilizing, productive with a better quality and creative person if she is privileged to chase after that or dreams.

If I can start my crypto journey from the scratch, all over again or I have all the money I had years ago I won't repeat same mistake, the first thing that I found very hard to strongly believe back then is...

Spending some money on Cold storage, a Trezor maybe, I use to underestimate this, even when I have heard it multiple times before, yet I choose the easy way out, without even the proper research.

If I choose to spend that money that was hard for me to spend on a hardware wallet then I would have safe myself from some losses.

It's easier to find the definition of Bitcoin online at the time but it's a bit complex to know out of the box that there is something called cold wallet or custodial wallet, it was confusing to me, so I just visit google for answer and yes Legder and Trezor are always the first, instead I went on google play store for bitcoin wallet, I mean, why spend dollars on a hardware wallet when a software wallet can do the same?

This was how I found FreeWallet, I use this to store some Bitcoin, it was easier for me because it required only email login and password, I stumbled on some that ask me to write down recovery seed but it was stressful for me, stupid me, since Free wallet sync with my email I thought that's all that matters and I lost it all, can't log into my account anymore, as if Freewallet swapped my password and log in info.

Things are different now, in fact way better, still if you are new and you want to DCA into Bitcoin, kindly consider getting a Trezor wallet at least, don't keep Bitcoin worth $2000, $10,000 on a software wallet, even if its a open source software wallet I believe this amount is too much for a software wallet, having this much means you can afford a hardware wallet.

What I think is that this present government are like the old government that has nothing unique to offer. The government should come up with plans to make Nigeria to export more than import. There should be a solution to this. We have minerals and other things needed for the growth and development of our nation. Many countries can depend on our goods and services, but we are not producing enough, yet discouraging foreign investors in the country. Can you see how electricity is in Nigeria, our government is not different in doing. We are just not getting anything right.

1. Exchange - Websites where you can buy and sell crypto-currencies.

2. Fiat - Government-issued currency, such as the US dollar.

3. Bullish - An expectation that price is going to increase.

4. Tokens - Refers to the ‘currency’ of projects built on the ethereum network that have raised money via issuing their own tokens.

5. ICO - Initial Coin Offering, somewhat similar to an IPO in the non-crypto world. Startups issue their own token in exchange for ether.

6. Stable coin - A crypto-currency with extremely low volatility that can be used to trade against the overall market.

7. Scam - brief explanation of "Not Paying"

8. Trading - act of buying and selling activity on bitcoin exchanger sites

9. Wallet - used to store your coins/tokens. It's either online, offline or hardware wallet

10. Address - consists of alphanumeric characters. The only way to receive coins/tokens from other wallets.

11. PoW - Proof-of-work. The current consensus algorithm used by Ethereum.

12. Sharding - a scaling solution for blockchains.

13. Software wallet - storage for crypto-currency that exists purely as software files on a computer.

14. Hardware wallet - a device that can securely store crypto-currency.

15. Ledger Nano S / Trezor - two of the most popular hardware wallet models.

16. Smart contract - code that is deployed onto the Ethereum blockchain, often directly interacting with how money flows.

17. Dump - this is where the price of a token/coin go down.

18. Pump - opposition of dump. Where price of a token/coin go up.

19. Escrow - a third party selected and trusted by two individuals to mediate to their transactions.

20. Dapp - decentralized Application, this refers to an application that uses an Ethereum smart contract as it’s back-end code.

30. Airdrop - it is a free crypto coin that is being dished out by a certain project to the wallets of the crypto community.

31. Forking - it is a network split that will create another crypto currency.

32. FUD - Fear, Uncertainty and Doubt. It's the way to scare people so they will be hesitant on buying cryptocurrencies.

33. Fork - when a copy of the blockchain is made and changes are also made to the code to create a new coin.

33. Gas - a measurement of how much processing is required by the ethereum network to process a transaction.

34. Whale - someone that owns absurd amounts of crypto-currency.

35. Bearish - an expectation that price is going to decrease.

36. Altcoin - coins aside from bitcoin.

37. Block - a block is group of bitcoin transactions that are being processed & confirmed.

38. Blockchain - a publicly shared record of every bitcoin transaction that has ever been processed.

39. Hash Rate - is a measurement of computer processing power of bitcoin miners.

40. Hard cap - The maximum projected amount during ICO token sale.

41. Soft cap - the minimum projected amount during ICO token sale.

42. Momentum - price movement.

43. ERC20 - a standard for creating ETH based tokens.

44. Crypto - short for cryptography or cryptocurrency.

45. Chop - directionless price movement that lacks momentum

46. Reversal - a change in price direction.

47. Miners - people who run computers to secure transactions on a blockchain.

48. Accumulation - buying an asset to acquire a sizable position.

49. Bounce play - when the price bounces up quickly after a dump.

50. Breakdown - price dropping below support.

Is this not funny? How is forex and crypto the same? Because there is shortage of US dollar supply, Bureau De Change operators in Abuja are blaming the crypto P2P. They are deviating away from the cause of the problem to bitcoin and other crypto P2P in Nigeria. Nigeria has continued to be a depending nation and rely most on imports than theubare producing and exporting. They can not blame it on our government which are actually the primary cause.

https://cointelegraph.com/news/nigerian-analysts-refute-claims-of-crypto-role-in-the-capitals-bdc-shutdown

This video I saw on the news is worth watching. https://youtu.be/SAzM9BLG3fA?si=Kv0dmrWqVJYrTlU4

In the news, it is explained that cryptocurrencies like bitcoin and stablecoins are even helping for naira not to fall as it should have fallen. That if no cryptocurrencies, it would have been worse. What determines the price of naira to foreign currencies are most related to forex and not cryptocurrencies. Do you agree with his?