Naija Novice Hangout {Newbies introduction & Orientation} Thread.

[Adbitco]

Yeah ph better pass lag e no too good to carry am go their as you talk already ABJ go well e dey very accessible than lag issues. Although ph city too na very busy area for companies and d tin a very calm and cool place just like ABJ but no land there as well to build a crypto city so laslas na ph get space to build that kind of tin.

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[CryptopreneurBrainboss]

Before posting this, I have messaged and obtained permission from the able moderator, Crypto Brainboss who was very kind and sympathetic to my condition.

Don't mistake this for an endorsement of this appeal, this is a open thread and I can't restrict what is been posted here neither I can stop anybody from trying to ask for financial help even though it's prohibited on the forum. You can try and if the community is or isn't okay and they come to a collective decision to ignore or help you so be the case. For users not okay with posts like this and aren't comfortable asking for it to be deleted openly then you can use the report opportunity for moderators to do the needful. Like I always say, we all be hustlers here. If you get problem no expect anything from anybody and try utilized the opportunity the forum dun offer to hustle your own.

Thanks for the suggestions. For me, I go personally suggest Calabar. That city too sweet, clean, quiet, and powerful serenity. I believe Calabar is heavily under utilized. I don't know much about internet access there though.

Calabar been also dey my mind to mention but e no dey as exposed as Port Harcourt. Calabar get their own kind doing wey no dey like place wey fit this discussion wey we dey on although na just my own opinion. I think to get the full value of this we go need place wey dey already active in the crypto businesses and so far after those other states wey I mentioned na PH be next best option.

[Davidvictorson]

Nigerian crypto startup, Nestcoin, will lay off workers after losing assets to FTX crash
The whole FTX issue don touch everybody for the crypto world whether directly or indirect. As I read now, this Nigerian crypto company, Nestcoin go drop some of their staff sake of say the company put plenty of their stablecoin investment for the FTX Exchange and as e be now e go dey easy to collect yam from goat mouth than for them to recover their money. See the summary of the gist for bullet point.

• Last year, Nestcoin raised capital from a range of investors, including Alameda Research. For context, Alameda’s equity is less than 1%. We used the closely-associated exchange, FTX, as a custodian to store a significant proportion of the stablecoin investment we raised – 1.e. Our day-to-day operational budget.
• However, last week’s events have had an impact on us, as we held our assets (cash and stablecoins) at FTX to manage our operational expenses. We were not undertaking any trading, but simply custodied our assets on the FTX exchange.
• While there are uncertainties including the outcome of our assets held at FTX, we as a company have to adjust our plans, rethink our strategy and take steps to better position ourselves for the future. Unfortunately, this means saying goodbye to some of our very talented Nesters

Wetin happen don teach us one very important lesson again say, "one person, company nor suppose get too much power so tey e fit influence, affect or impact the whole industry and world either negatively or positively". I just dey wonder whether say at any time the CEO of this Nestcoin ever feel say this kind thing go fit happen to their investment. Make una shook mouth for the matter.

[Asiska02]

FTX downfall na sometin wey neva dey expected, even d CEO himself no go eva imagine say dis tin go sup afta how big dey don grow for cryptocurrency world and their assets at ground. Nestcoin themself would neva imagine dis could happen to dem too, but dis will serve as a lesson dat nothing is beyond falling if cautious is not well taken. I sympathize with dos staffs dat will lose their job as a result of dis, it is not easy in naija and losing a job at a critical time like dis is very painful. Dis na lesson wey we don learn from all and go dey more careful further in dis cryptocurrency world.

[Zanab247]

TOPIC: WHICH STATE GO DEY BEST FOR BITCOIN VILLAGE ( HUB )4 WE 9JA AND WHY ?

 Fvck! I raise this topic one time like that, but d e be like e no make Sense bah ? Me say make I bring am up again. I done see the Elsalvador Bitcoin City and e sexy cum still sharp, still done read bout UK Dem make arrangements for them own tooo.
I know say many people choose Lagos Tor! But make we try reason am sha, weh be say if Bitcoin Conference wan go on for Africa Nigeria fit dey capable of the organization and coordination. Make we put mouth caprison.   Make we dey on Guard at all times, avoid trouble at all cost Ornah Merry Christmas in advance.   🖤

D topic make sense well well, I guess Lagos state will be d best 4 Bitcoin village because is the Most developed State that occupied the highest industries in Nigeria.  Nigeria are 100% capable to host Africa Bitcoin conference in Nigeria becos dey have many people who are exposed in crypto some years ago, and they will have something good to offer to people in Africa so that Africa can also enjoy what other countries are enjoying from Bitcoin.

[Cryptomultiplier]

Nigerian crypto startup, Nestcoin, will lay off workers after losing assets to FTX crash

Wetin happen don teach us one very important lesson again say, "one person, company nor suppose get too much power so tey e fit influence, affect or impact the whole industry and world either negatively or positively". I just dey wonder whether say at any time the CEO of this Nestcoin ever feel say this kind thing go fit happen to their investment.

I don follow up this FTX saga for some time now, and i feel so sorry for those wey their money dey trapped in, mostly the CEO of Nestcoin, as at this moment.
E no also dey easy to survive with salary these days, and to come lose the salary work without  other means of getting cash is the worst.  To the staff wey lose their jobs, maybe na even bliss in disguise, because if them understand the crypto means of trade and investments, and other opportunities wet dey involved, then they will survive while waiting for another job.

[Frankolala]

Nigerian crypto startup, Nestcoin, will lay off workers after losing assets to FTX crash

Wetin happen don teach us one very important lesson again say, "one person, company nor suppose get too much power so tey e fit influence, affect or impact the whole industry and world either negatively or positively". I just dey wonder whether say at any time the CEO of this Nestcoin ever feel say this kind thing go fit happen to their investment.

I don follow up this FTX saga for some time now, and i feel so sorry for those wey their money dey trapped in, mostly the CEO of Nestcoin, as at this moment.
E no also dey easy to survive with salary these days, and to come lose the salary work without  other means of getting cash is the worst.  To the staff wey lose their jobs, maybe na even bliss in disguise, because if them understand the crypto means of trade and investments, and other opportunities wet dey involved, then they will survive while waiting for another job.

This FTX crash na big thing e spoil for the crypto space o becos e come make cryptocurrency price come down since pple dey fear dey sell their coins and some pple own even crash with FTX. Those pple were lose their coins for this crash na dem I pity for pass come join this hardship. I know think say the CEO of NestCoin know say this kind thing go happen if not e for don withdraw all their asset who go see fire go put hand inside?

Imagine where d crash go affect na pple job becos funds don lose somebody must pay the price by loosing e job. This crash I go say e come add more suffer to the hardship for crypto users,how did pple wey NestCoin won lay off to take start their life again with good job for this naija wey to get work na India film. Make God help all of us say we no go be victim to any problem to go affect our financial source.

[uchegod-21]

FTX downfall na sometin wey neva dey expected, even d CEO himself no go eva imagine say dis tin go sup afta how big dey don grow for cryptocurrency world and their assets at ground. Nestcoin themself would neva imagine dis could happen to dem too, but dis will serve as a lesson dat nothing is beyond falling if cautious is not well taken. I sympathize with dos staffs dat will lose their job as a result of dis, it is not easy in naija and losing a job at a critical time like dis is very painful. Dis na lesson wey we don learn from all and go dey more careful further in dis cryptocurrency world.

Why FTX CEO no go expect wetin happen to him. Hope say you don read one or two sagas wey don play as the cause of the bankruptcy. When exchange big and the fund wey dey flow in the exchange also big, the CEOs dey always forget say na people money. Because dem go wake up see plenty money wey dey their fund dem go think say na their own and begin to use it anyhow. This Oyibo people too take risk and dem too like competition sha.
But one thing I know is that the CEO no fall with FTX, na only FTX and investors lose. The young guy go start up something else with another person identity and e go still blossom.

[Agbe]

Nigerian crypto startup, Nestcoin, will lay off workers after losing assets to FTX crash
The whole FTX issue don touch everybody for the crypto world whether directly or indirect. As I read now, this Nigerian crypto company, Nestcoin go drop some of their staff sake of say the company put plenty of their stablecoin investment for the FTX Exchange and as e be now e go dey easy to collect yam from goat mouth than for them to recover their money. See the summary of the gist for bullet point.

• Last year, Nestcoin raised capital from a range of investors, including Alameda Research. For context, Alameda’s equity is less than 1%. We used the closely-associated exchange, FTX, as a custodian to store a significant proportion of the stablecoin investment we raised – 1.e. Our day-to-day operational budget.
• However, last week’s events have had an impact on us, as we held our assets (cash and stablecoins) at FTX to manage our operational expenses. We were not undertaking any trading, but simply custodied our assets on the FTX exchange.
• While there are uncertainties including the outcome of our assets held at FTX, we as a company have to adjust our plans, rethink our strategy and take steps to better position ourselves for the future. Unfortunately, this means saying goodbye to some of our very talented Nesters

Wetin happen don teach us one very important lesson again say, "one person, company nor suppose get too much power so tey e fit influence, affect or impact the whole industry and world either negatively or positively". I just dey wonder whether say at any time the CEO of this Nestcoin ever feel say this kind thing go fit happen to their investment. Make una shook mouth for the matter.

Day is how di business chain always be. One company's disaster affect other ones. What to happen FXT e no supposed affect Nestcoin company if di management was good. Because Nestcoin supposed know dat crypto ecosystem system is not stable so dealing with such have to be careful but they were negligent of the ecosystem. Remember those of us dat did not invest were not affected but if binance fold up then it would affect us so with this knowledge of losing out funds or coin have created di second alternative to move all our coins from exchange platforms to wallet. Even binance I don't trust them, Ramitano is some how preferable. What Happened in the industry should be a good guide to us.

[Anguwa]

Wetin happen don teach us one very important lesson again say, "one person, company nor suppose get too much power so tey e fit influence, affect or impact the whole industry and world either negatively or positively". I just dey wonder whether say at any time the CEO of this Nestcoin ever feel say this kind thing go fit happen to their investment. Make una shook mouth for the matter.

Me and u know say d way crypto dey dump e no de tell any bodi, but I reason am say why den go do dat kind big investment for just FTX? Dem for split their capital for plenty stable coins because I believe Dem see wetin Luna do last time and now FTX. Make d CEO take heart, but him suppose know how e de be for crypto, but as him wan sack some staffs na I'm be d koko. I been see post for Beginners board wey talk say make we no fully rely on cryptocurrency, and na true, make we sha de very careful because dis market now me I no understand am.

FTX downfall na sometin wey neva dey expected, even d CEO himself no go eva imagine say dis tin go sup afta how big dey don grow for cryptocurrency world and their assets at ground. Nestcoin themself would neva imagine dis could happen to dem too, but dis will serve as a lesson dat nothing is beyond falling if cautious is not well taken. I sympathize with dos staffs dat will lose their job as a result of dis, it is not easy in naija and losing a job at a critical time like dis is very painful. Dis na lesson wey we don learn from all and go dey more careful further in dis cryptocurrency world.

Na so e d happen, but I expect say as a big company wey don grow well, dem no suppose put all investment for only FTX because of wetin happen to Luna. Dis kind tings dey come unexpected and I de sure say e go take d company plenty time to recover because d market self no d move wella.

[Die_empty]

TOPIC: WHICH STATE GO DEY BEST FOR BITCOIN VILLAGE ( HUB )4 WE 9JA AND WHY ?

 Fvck! I raise this topic one time like that, but d e be like e no make Sense bah ? Me say make I bring am up again. I done see the Elsalvador Bitcoin City and e sexy cum still sharp, still done read bout UK Dem make arrangements for them own tooo.
I know say many people choose Lagos Tor! But make we try reason am sha, weh be say if Bitcoin Conference wan go on for Africa Nigeria fit dey capable of the organization and coordination. Make we put mouth caprison.   Make we dey on Guard at all times, avoid trouble at all cost Ornah Merry Christmas in advance.   🖤

You no say if you talk of any thing for Naija now the first thing people go reason na security. Nobody wan go place wey you go dey run dey fall or sharp guys go just collect you wototo. But the yarn now bi say no area for Naija dey safe. Make we say Lagos dey sef but apart from people wey go enter plane, omo kidnappers full road. And Lagos dey too polluted and overcrowded. But if na for infrastructures and other menemenes, gidis come board. Rivers State for make sense because our governor like show and him for fit sponsor the conference so that him fit show him new dance step and the state get good roads but soot don caste the ama. Cross River State na the place I go like make the conference hold. Na true say the present government don gbolo the state but in terms of cleanliness and welcoming environment the place make sense. No forget say bitcoin dey move towards clean and green energy and Calabar go really fit that target. And all the single people like Oluwa-btc wey come for the conference go fit get wife for Calabar .  

[Coyster]

Nigerian crypto startup, Nestcoin, will lay off workers after losing assets to FTX crash
The whole FTX issue don touch everybody for the crypto world whether directly or indirect. As I read now, this Nigerian crypto company, Nestcoin go drop some of their staff sake of say the company put plenty of their stablecoin investment for the FTX Exchange

Even crypto company like Nestcoin don go make the big mistake of keeping them money for exchange hands, na wetin cause their problem so na, we all sabi wetin happen to FTX, so people wey get them money for their exchange they for wahala, and Nestcoin come be one of those people, me i think say after this incident many people go learn better lesson on how them suppose to keep/hodl their crypto, wey suppose they only in their non-custodial wallet.

Having said that, i they feel pity for their staffs wey go lose their job for this kind hard times wey choke for the world now, but Nestcoin crypto company still get luck, as their loss no affect customer funds at all, if not that one for don be another big wahala wey fit make them to go bankrupt, na only the company accrue losses for now, so them wan balance the matter by reducing people wey them go they pay salary for the meantime, so the company go fit continue, e still make sense like that sha.

[Marykeller]

Nigerian crypto startup, Nestcoin, will lay off workers after losing assets to FTX crash
The whole FTX issue don touch everybody for the crypto world whether directly or indirect. As I read now, this Nigerian crypto company, Nestcoin go drop some of their staff sake of say the company put plenty of their stablecoin investment for the FTX Exchange

Whenever gbege burst for crypto em d affect the poor and the rich. For Nestcoin to decide to sack their workers, you know the FXT exchange palava hit them hard for body. I wonder why Nestcoin go leave all their stablecoin investment for an exchange.

I believe sae all this wey happen for crypto the teach all man lesson, not to hand their investment on another man's care. Anyway, we dey learn every day for crypto.

[Majestic-milf]

TOPIC: WHICH STATE GO DEY BEST FOR BITCOIN VILLAGE ( HUB )4 WE 9JA AND WHY ?

 Fvck! I raise this topic one time like that, but d e be like e no make Sense bah ? Me say make I bring am up again. I done see the Elsalvador Bitcoin City and e sexy cum still sharp, still done read bout UK Dem make arrangements for them own tooo.
I know say many people choose Lagos Tor! But make we try reason am sha, weh be say if Bitcoin Conference wan go on for Africa Nigeria fit dey capable of the organization and coordination. Make we put mouth caprison.   Make we dey on Guard at all times, avoid trouble at all cost Ornah Merry Christmas in advance.   🖤

You no say if you talk of any thing for Naija now the first thing people go reason na security. Nobody wan go place wey you go dey run dey fall or sharp guys go just collect you wototo. But the yarn now bi say no area for Naija dey safe. Make we say Lagos dey sef but apart from people wey go enter plane, omo kidnappers full road. And Lagos dey too polluted and overcrowded. But if na for infrastructures and other menemenes, gidis come board. Rivers State for make sense because our governor like show and him for fit sponsor the conference so that him fit show him new dance step and the state get good roads but soot don caste the ama. Cross River State na the place I go like make the conference hold. Na true say the present government don gbolo the state but in terms of cleanliness and welcoming environment the place make sense. No forget say bitcoin dey move towards clean and green energy and Calabar go really fit that target. And all the single people like Oluwa-btc wey come for the conference go fit get wife for Calabar .  

I folo put hand for air in favor of Cross River being a choice for State wey go make sense to host Bitcoin hub. Asides from reasons wey @Die_Empty don bring, e go also good for tourism and also create more awareness about am too. One tin wey we naija pipo na competition and if such an idea is considered, we no go wan carry last.

[Mate2237]

Nigerian crypto startup, Nestcoin, will lay off workers after losing assets to FTX crash
The whole FTX issue don touch everybody for the crypto world whether directly or indirect. As I read now, this Nigerian crypto company, Nestcoin go drop some of their staff sake of say the company put plenty of their stablecoin investment for the FTX Exchange

Whenever gbege burst for crypto em d affect the poor and the rich. For Nestcoin to decide to sack their workers, you know the FXT exchange palava hit them hard for body. I wonder why Nestcoin go leave all their stablecoin investment for an exchange.

I believe sae all this wey happen for crypto the teach all man lesson, not to hand their investment on another man's care. Anyway, we dey learn every day for crypto.

Mate di thing tire me oo I no lie. Dis naija wey we dey hustle to survive nai dis thing come happen like dis. Crypto dey affect di rich more dan di poor because di rich nai dey invest plenty money pass di poor. But di poor nai come dey suffer pass because dem no get where to start again. Why Nestcoin sef come dey invest only on FXT alone dem for spread di investment na, now see weti e don happen. By di way, na naija we dey, any how dem go survive. Dem go put their heads for another area wey go give dem something to chop.

[Nwada001]

My People I greet onahoooh.
Nah now I just c say diz kind thread dy d forum.
My name nah: Nwada001
I full time Omoku guy, way don turn port Harcourt blood.
I hope say I dy welcome here.

[SOKO-DEKE]

Me and u know say d way crypto dey dump e no de tell any bodi, but I reason am say why den go do dat kind big investment for just FTX? Dem for split their capital for plenty stable coins because I believe Dem see wetin Luna do last time and now FTX. Make d CEO take heart, but him suppose know how e de be for crypto, but as him wan sack some staffs na I'm be d koko. I been see post for Beginners board wey talk say make we no fully rely on cryptocurrency, and na true, make we sha de very careful because dis market now me I no understand am.

Na waiting Gridiness dey cus b dis. If no b Gridiness y  person go go put that kind of big amount in FTX? sai they wen tell me sai dey no know sai anything can happen in cryptocurrency. As 4 me ooo I no expect sai mek person go invest in coins if no be Bitcoin,and even Bitcoin there is a warning that people always sai Dat no put what you can not afford to lose in it. I will like everyone to make advise for waitin happen for FTX. Make the company tek heart I also fill the pains bcus it no go dey easy make person lose with dis economy situation.

[CryptopreneurBrainboss]

Wetin happen don teach us one very important lesson again say, "one person, company nor suppose get too much power so tey e fit influence, affect or impact the whole industry and world either negatively or positively". I just dey wonder whether say at any time the CEO of this Nestcoin ever feel say this kind thing go fit happen to their investment. Make una shook mouth for the matter.

Dem no get sense, make dem use people wey dey cryptocurency join body so dem go dey give dem advise  but no na just so so professional wey no get any experience for crypto dem go dey use. Anybody wey dey cryptocurency for a very long time know say exchange aren't to be trusted, even as big as binace dey self, no keep your money for their exchange or use any of their investment products as if your money dey d exchange and e go down. Them fit just run away and nothing you go fit do. The industry dey unregulated and only few with the right information they wins this guys for court when something like this happen.

Make we just dey careful as this effect never do anything yet. I see plenty project going down soon and all go be because of this FTX issues. You see projects like Solana, FTX been get plenty hand for the project and we dun dey see already the project dey take a major hit as this thing happen. E go take God for that project not to go down. I just dey pity those wey go lose their jobs because of this.

[Coyster]

I full time Omoku guy, way don turn port Harcourt blood.
I hope say I dy welcome here.

Of course you are welcome here, every Nigerian they welcome for this our small community, as every good Nigerian they contribute to our growth for here, especially when the user na quality poster and contributor, so the more we get, the better for us all. You still be newbie but i see say you they do very well already, so well done for that and keep it up, carry for mind say all of us na one for here, if you get anything wey you go like know just drop am for here, men they on ground to provide answers to it, the forum na better place so long as person abide by the rules wey they here. Welcome bro.

[Mpamaegbu]

~snipped~

Anybody wey dey cryptocurency for a very long time know say exchange aren't to be trusted, even as big as binace dey self, no keep your money for their exchange or use any of their investment products as if your money dey d exchange and e go down. Them fit just run away and nothing you go fit do.

Dis thing don begin make afraid enta my bodi like dis wella. I just dey wonder d kind of influence wey CZ Binance go get over the entire crypto thing now with im exchange as we dey see the type of gbege wey dey rob SBF and the ripple effect wey d whole thing dey generate now.