Naija Novice Hangout {Newbies introduction & Orientation} Thread.

[nelson4lov]

The Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, don revealed say Nigeria go launch dia own digital currency. With this, Nigeria go follow for tracks for wey don launche digital currencies. China is go soon roll out their own wey d call e-yuan, its digital currency, at scale, later in the year. The United States don start their own also e-dollars.

CBN revealed this plan during the 279th MPR meeting wey happen in Abuja today.

How unah take see this latest development coming from CBN after the ban us trading bitcoin with our account.
Now now wey their eyes open say, crypto is unstoppable and it's the future
Link: https://www.premiumtimesng.com/news/top-news/463912-nigeria-will-soon-create-digital-currency-cbn.html

This move from CBN and Nigeria government dey very lame. After all the bans and restrictions, them don finally come to terms say Bitcoin and crypto is inevitable and that Nigerians no go ever stop in their pursuit to get digital wealth na why them don come up with a plan to launch their own crypto token; hoping say we go dump our current holdings and rush to join their project but them no know. Till date, no government issued token dey do well. Oyibo people don already wash their hands from that kind matter. Make them just allow us to continue our crypto like this with no interruptions from government and their shitty policies.

[Charles-Tim]

This move from CBN and Nigeria government dey very lame. After all the bans and restrictions, them don finally come to terms say Bitcoin and crypto is inevitable and that Nigerians no go ever stop in their pursuit to get digital wealth na why them don come up with a plan to launch their own crypto token; hoping say we go dump our current holdings and rush to join their project but them no know. Till date, no government issued token dey do well. Oyibo people don already wash their hands from that kind matter. Make them just allow us to continue our crypto like this with no interruptions from government and their shitty policies.

Although, as Nigeria will move towards launching their own CBDC, it will be a great move so the country will not lack behind. But as we know the CBDC will be digital naira (although, just a guess) which will be pegged with naira. Naira itself is a depreciative asset, more depreciating to the extent 5 million naira kept in bank can worth 1 million naira in just 5 years, the reason people can not go for the CBDC. Also, CBDC itself will totally not let people to have privacy, another reason it should not be used. Also, we believe that this news above is indicating that Nigeria CBN are getting to know what Bitcoin and other cryptocurrencies are all about, rather than depicting it bad and making false new it.

[Charles-Tim]

The CBN governor, Godwin Emefiele says crypto trading in Nigeria are done illegitimately

Do not get this confused, I would have posted this along in the last topic made, but I think discussing it separately will be the best. Although, the news are the same but this is another CBN governor's speech during the same 279th MPR meeting held in Abuja just of recent where the CBN governor speaks good about cryptocurrencies.

Godwin Emefiele said, “We have carried out our investigation. We found out that a substantial percentage of our people are getting involved in cryptocurrency, which is not the best. Don’t get me wrong, some may be legitimate, but most are illegitimate. Under cryptocurrency and Bitcoin, Nigeria comes 2nd while on the global side of the economy, Nigeria comes 27th. We are still conducting our investigation, and we will make our data available.”

The questions are:
1. Is the CBN governor right about this?
2. What evidence(s) did the CBN governor has about this?
3. Is it the work of CBN governor to talk about this when no government body has not carried out a research to actually know most Nigerian crypto traders are making illegal transactions?
4. Or, has there been any research disclosed about this yet? I doubt that

When Western Union are used, including MoneyGram, nothing is done. If not because if the Western Union and money gram that make certain rules like yearly minimum withdrawal and reversing of funds sent, it has been a potential means frudsters can use, and yet many frudsters will still be using both. The CBN governor has nothing to say about it but only talking bad about cryptocurrencies. There are still many other ways fiat transactions are used illegally to defraud people, but yet the CBN governor did not ban fiat like Pounds, Euro and Dollar. In fact, fiat are mostly used in illegal activities. Also, I wonder why he has not banned the use of credit card which is impossible to ban.

[Murpheus]

The CBN governor, Godwin Emefiele says crypto trading in Nigeria are done illegitimately

Do not get this confused, I would have posted this along in the last topic made, but I think discussing it separately will be the best. Although, the news are the same but this is another CBN governor's speech during the same 279th MPR meeting held in Abuja just of recent where the CBN governor speaks good about cryptocurrencies.

Godwin Emefiele said, “We have carried out our investigation. We found out that a substantial percentage of our people are getting involved in cryptocurrency, which is not the best. Don’t get me wrong, some may be legitimate, but most are illegitimate. Under cryptocurrency and Bitcoin, Nigeria comes 2nd while on the global side of the economy, Nigeria comes 27th. We are still conducting our investigation, and we will make our data available.”

The questions are:
1. Is the CBN governor right about this?
2. What evidence(s) did the CBN governor has about this?
3. Is it the work of CBN governor to talk about this when no government body has not carried out a research to actually know most Nigerian crypto traders are making illegal transactions?
4. Or, has there been any research disclosed about this yet? I doubt that

When Western Union are used, including MoneyGram, nothing is done. If not because if the Western Union and money gram that make certain rules like yearly minimum withdrawal and reversing of funds sent, it has been a potential means frudsters can use, and yet many frudsters will still be using both. The CBN governor has nothing to say about it but only talking bad about cryptocurrencies. There are still many other ways fiat transactions are used illegally to defraud people, but yet the CBN governor did not ban fiat like Pounds, Euro and Dollar. In fact, fiat are mostly used in illegal activities. Also, I wonder why he has not banned the use of credit card which is impossible to ban.

Na de Same thing people were talk say NFT na for money laundering, when in fact money launderers de follow use normal artworks for laundering, crypto and Fiat can be used for laundering, our government de use those allegations becos Dem de fear, them done see as common people de progress e de weak them!!

[Nblake]

Nblake
Male
Anambra/Nigeria
FX trader, Crypto enthusiast, Digital Maketer/Writer
Una weldom sabi pipul, i dey happy as i was introduced to this thread of the forum by Gozie51. I told for my post say, i dey look for crypo farm in Nigeria, e reply me com carry me come here. i dey happy as i dey here, where my ppl dey yan toether about the crypo/digital world of Africa(especially Nigeria) as our Govt, dey try make things go smooth for them and rough for naija youths.

[Charles-Tim]

Nblake
Male
Anambra/Nigeria
FX trader, Crypto enthusiast, Digital Maketer/Writer
Una weldom sabi pipul, i dey happy as i was introduced to this thread of the forum by Gozie51. I told for my post say, i dey look for crypo farm in Nigeria, e reply me com carry me come here. i dey happy as i dey here, where my ppl dey yan toether about the crypo/digital world of Africa(especially Nigeria) as our Govt, dey try make things go smooth for them and rough for naija youths.

You are welcome to our local thread. E always make sense to see new Naija joining us for here, we hope we go dey see you around. We wan achieve local board, you posts for here go count towards that. Just make sure you dey visit this local thread often.

Hope you don read about Unofficial list of (official) Bitcointalk.org rules, guidelines, FAQ, also hope you don read about Merit & new rank requirements. Na the two most important thing you need know about this forum for now.

In general, you fit go through Newbies - Read before posting

Make sure say you no spam, copy/paste and/or make you no plagiarize. If na one line you copy from another site, include the link for your post.

[Igebotz]

The CBN governor, Godwin Emefiele says crypto trading in Nigeria are done illegitimately

The questions are:
3. Is it the work of CBN governor to talk about this when no government body has not carried out a research to actually know most Nigerian crypto traders are making illegal transactions?

You know say for this we country we no dey follow due process na anywhere belle face we dey do for here, even for him statement him talk say they never collect the final data yet him come online dey draw conclusions, I know say all this their recent cryptocurrency news now na way to justify their last restrictions on cryptocurrency. I expect them to lift the ban soon anyways it's obvious Nigerian government are willing to join the game.

[Josefjix]

My people Una good evening and I sincerely want to take out time to appreciate  each and everyone who made sure, we could let the wife of Becky know we had an amazing relationship with her dead husband. Thank you to the amazing people who charged us to do such a remarkable thing. To the donors and every bereaved forum member who shared in our pains of lossing a brother, you're appreciated.

Una really dey take this struggle seriously we will collectively achieve this quest some day, I'd implore us to work more and be discussing several other issues relating to Economy and politics, even other technology related to Bitcoin, we don't know who is watching. Btw, how Una dey survive this bear so?

[Lordhermes]

I expect them to lift the ban soon anyways it's obvious Nigerian government are willing to join the game.

All of them wey be politician get wallet finish, all these things wey them dey always talk na rubbish in my ear, make all of them get out, all of the politician na sellouts.

The government never happy when person dey enjoy with him small money, ask yourself why them ban weed, because money dey in weed business, all the politician dey smoke during their free time, same thing with crypto, all of them get wallet with plenty money inside, anything wey government ban dey bring money., their news no dey ever concern me again, I'm out.

[LordMiguel]

Guy-man, waiting naija do dise people? Y ebi say na oly we dem sabi?

u no go blame dem. Gee bois & gals dem dey spoil the country name anywhere dey enta to play 419, even our Africa neighbors dey all claim nigerians wen dey catch dem because na we dey sabi pass. I believe say if you pure baba God go clear wey 4 u like e clear for me from newbie to snr member. e no easy bros I dey try represent us wella to show dem say nobi all nigerians be frauders.

i am yet tp believe that there are gee gals. just doubting not saying it is not possible. it is hard to accept that there are gals that are into gee without some the bois assistance. I knw some guys that partnered with some gals but never seen gals standing on their own in the gee bus..

Please Note: Not saying it is something good to engaged on. it is bad and also damages other people reputation..

[nelson4lov]

My people Una good evening and I sincerely want to take out time to appreciate  each and everyone who made sure, we could let the wife of Becky know we had an amazing relationship with her dead husband. Thank you to the amazing people who charged us to do such a remarkable thing. To the donors and every bereaved forum member who shared in our pains of lossing a brother, you're appreciated.

Una really dey take this struggle seriously we will collectively achieve this quest some day, I'd implore us to work more and be discussing several other issues relating to Economy and politics, even other technology related to Bitcoin, we don't know who is watching. Btw, how Una dey survive this bear so?

Today na the last day for May. So much happen for this month including the passing of our brother Becky666 then we come together as a community to contribute to the donations. No be small feat for this community. E just show say we dey progress even though no be the speed wey we dey expect am to be. As for the bear market, I dey survive small small. I dey consider buy some top coins wey don correct well well like Algorand, Tezos and NEAR tokens. Make una dey buy small small because the bull market never finish yet but apply caution sha. Market fit drop more only to rise back later.

[LordMiguel]

The CBN governor, Godwin Emefiele says crypto trading in Nigeria are done illegitimately

Do not get this confused, I would have posted this along in the last topic made, but I think discussing it separately will be the best. Although, the news are the same but this is another CBN governor's speech during the same 279th MPR meeting held in Abuja just of recent where the CBN governor speaks good about cryptocurrencies.

Godwin Emefiele said, “We have carried out our investigation. We found out that a substantial percentage of our people are getting involved in cryptocurrency, which is not the best. Don’t get me wrong, some may be legitimate, but most are illegitimate. Under cryptocurrency and Bitcoin, Nigeria comes 2nd while on the global side of the economy, Nigeria comes 27th. We are still conducting our investigation, and we will make our data available.”

The questions are:
1. Is the CBN governor right about this?
2. What evidence(s) did the CBN governor has about this?
3. Is it the work of CBN governor to talk about this when no government body has not carried out a research to actually know most Nigerian crypto traders are making illegal transactions?
4. Or, has there been any research disclosed about this yet? I doubt that

When Western Union are used, including MoneyGram, nothing is done. If not because if the Western Union and money gram that make certain rules like yearly minimum withdrawal and reversing of funds sent, it has been a potential means frudsters can use, and yet many frudsters will still be using both. The CBN governor has nothing to say about it but only talking bad about cryptocurrencies. There are still many other ways fiat transactions are used illegally to defraud people, but yet the CBN governor did not ban fiat like Pounds, Euro and Dollar. In fact, fiat are mostly used in illegal activities. Also, I wonder why he has not banned the use of credit card which is impossible to ban.

i can say this without doubt that the CBN has no actual facts to prove this but a review from google trends and sample analysis for crypto platforms. they are NOT CARRYING out any investigation. the CBN governor is under duress to make a bold statement on the state of affairs surrounding crypto and bitcoin. Not to insult his personality but Godwin is just a  vessel of destruction used by some government cabals that feels their control of hard currencies like USD is under threat.

[LordMiguel]

Altcoin Discussion

The presales is over all token sold under 50mins I miss the opportunity to signup I no get the information on time, another opportunity now na to join this 3 weeks bounty I see dis project as legit cash out den dey operate on binance smart chain...i go like make una join the campaign or do the farm with at least $50 leave am for 2 years.

Bounty Link: RushMoon 🚀 | Automatic Liquidity Acquisition Yield Farm & AMM BSC

Duration : 3 weeks

I just discovered that the audit was done by solidity finance. after what transpired between solidity and compound finance last year. i decided not to do anything that is related with solidity finance as the auditor. those guys are pure scammers and conduct loads of shabby deals with scammers.

[Murpheus]

Altcoin Discussion

The presales is over all token sold under 50mins I miss the opportunity to signup I no get the information on time, another opportunity now na to join this 3 weeks bounty I see dis project as legit cash out den dey operate on binance smart chain...i go like make una join the campaign or do the farm with at least $50 leave am for 2 years.

Bounty Link: RushMoon 🚀 | Automatic Liquidity Acquisition Yield Farm & AMM BSC

Duration : 3 weeks

I just discovered that the audit was done by solidity finance. after what transpired between solidity and compound finance last year. i decided not to do anything that is related with solidity finance as the auditor. those guys are pure scammers and conduct loads of shabby deals with scammers.

I de fear all this AMM them, currently all my crypto de for pancakeswap pool, I no Sabi weda e de safe, I de Follow eye ApeSwap, burgerswap and bakeryswap, any suggestion you ko fit give me?

[Mpamaegbu]

Btw, how Una dey survive this bear so?

The bear rally neva start oh. If you dey see wetin dey happen na as bear market na im be sey you go shrink oh wen d real blood begin flow for dance floor. Make you ask those wey witness 2018/19 na.

I dey consider buy some top coins wey don correct well well like Algorand, Tezos and NEAR tokens.  

Add Cartesi to ya list oh. I talk about am here last year when dat token dey less than 4cents. But e dey around 70cents now.

[CryptopreneurBrainboss]

How una dey do na, anybody dey put eye for this shibaswap I dey hear off. I dey believe if for real dem launch as the rumors dey talk, dat coin go blow oh. Already e get fans die, u know as all dis Meme doge like coin dey be and since shitcoin dem just dey para para dis days, who knows person fit get major block if e invest insider.

Already the coin dey trade for our oga platform wey be binance and other smalli exchanges dem just dey worry worry the coin. How una dey see am abeg, anybody get any bad belle talk for where the coin dey make una let me know abeg so my money no go lost as I dey plan put money for the project.

This swap dem and launchpad just dey dominate dis days, person supposed cash out from atleast one na abi na my own go bad pass lol.

Which one come be ShibaSwap again na abi na the same Shiba Inu token wey I know?

Aboy, na him be dat. Dem dey develop their own decentralized swap exchange wey dey call am Shibaswap.

[Igebotz]

How una dey do na, anybody dey put eye for this shibaswap I dey hear off. I dey believe if for real dem launch as the rumors dey talk, dat coin go blow oh.

Which one come be ShibaSwap again na abi na the same Shiba Inu token wey I know? If na that coin any how den want do make dem do, the small amount wey I buy the coin don full ground I no go buy am pass $50, this kind coin go take time to blow. Looking at the current price e fit take about 10 years to hit $1.

I never even do any proper research on that coin I been just buy base on the promotion I see on binance few months ago. This kind coin na to buy comot mind

[Gozie51]

Btw, how Una dey survive this bear so?

The bear rally neva start oh. If you dey see wetin dey happen na as bear market na im be sey you go shrink oh wen d real blood begin flow for dance floor. Make you ask those wey witness 2018/19 na.

But bros we fit still dey surprise say this time around no go b the same as the past. Remember how halving dey work and now the big buyers dey hodl the thing tight like monkey dey carry hold branch of tree. That hodling dey make coins no drop as we fit dey think. One tin any cryptocurrency be say you no go fit no how to use binocular take view am.

used by some government cabals that feels their control of hard currencies like USD is under threat..

This statement by @LordMiguel still make sense becos youth dey really get benefit from many aspect of cryptocurrency both hodling, trading or staking and many of this guys fit no dey cool with am.

You go surprise say some of their village youths wey them no don dey liberate themselves and no body dey wash their cars again lol. Policies are made from and for some purpose.

Una Weldon my pepo

[Lordhermes]

this kind coin go take time to blow. Looking at the current price e fit take about 10 years to hit $1.

Na the same tin wey person talk for this thread , along the way, them dey complain say SHIBA no fit reach $1 cos of him large market supply. The thing be say as long as Binance don secure him place for their market, the possibility to give block dey okay, no be lie.

Na now I dey hear about shibaSwap like this sef, if na so then, e go blow, I no doubt am. SHIBA already get name for the space well well, them get correct community support and na the greatest tin a project suppose get. Me no wan waste time dey check on projects again, any one wey do like say them go blow,I dey enter two seconds.

[Fivestar4everMVP]

this kind coin go take time to blow. Looking at the current price e fit take about 10 years to hit $1.

Na the same tin wey person talk for this thread , along the way, them dey complain say SHIBA no fit reach $1 cos of him large market supply. The thing be say as long as Binance don secure him place for their market, the possibility to give block dey okay, no be lie.

Na now I dey hear about shibaSwap like this sef, if na so then, e go blow, I no doubt am. SHIBA already get name for the space well well, them get correct community support and na the greatest tin a project suppose get. Me no wan waste time dey check on projects again, any one wey do like say them go blow,I dey enter two seconds.

Haha, better dey careful dey enter, I go advice make you better dey do your own research before you go the enter any coin wey show signs say e won blow, cus If you never know, no be only human being dey set trap ooh, even bear know how to set bull trap, if something look like say e go up and people without researching fomo in on top am, and later, the thing come dey go down, n eem we dey call bull trap oooh.
And talking of Shiba, no go dey day dream, even with Shibaswap, no go dey think say you go sell Shiba for 1$ anytime soon ooo, even in the next 5 years, I no think say Shiba go don reach 0.01$ not to talk of 1$. So conclusion be say make you no get me wrong, I no dey talk say 1$ for Shiba no dey possible, but e go take a very long time, atleast make dogecoin reach 1$ first.