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Local => Nigerian Languages => Topic started by: Mr. Allcrypto on February 22, 2024, 11:43:54 PM

Title: Will bitcoin reach 100million naira?
Post by: Mr. Allcrypto on February 22, 2024, 11:43:54 PM
Due to the way dollar day rise day fall this period I say make I ask ona if Bitcoin go reach 100nillion naira, be like say I day see of tory them way them day say the government don bound Binance to no sell btc reach 100 million, abeg my 9ja brothers and sisters, make una help me verify of the info na legit info, and make we no forget to shear beta beta information way go help our society and our citizens o, because them say information is power.
Title: Re: Will bitcoin reach 100million naira?
Post by: Igebotz on February 22, 2024, 11:47:03 PM
Naira Depreciation against the U.S dollar does not determine the price of Bitcoin or affect the price of Bitcoin.

You can get the information you seek here.
https://www.altcoinstalks.com/index.php?topic=318053.0
Title: Re: Will bitcoin reach 100million naira?
Post by: Cantsay on February 23, 2024, 06:15:37 PM
I day see of tory them way them day say the government don bound Binance to no sell btc reach 100 million, abeg my 9ja brothers and sisters, make una help me verify of the info na legit info,

Fg never said anything concerning the price of bitcoin - all they did was to say that merchants shouldn’t sell dollars more than 1,800 using binance and some other exchange, they never said bitcoin shouldn’t be sold more than 100 million naira if the price eventually goes up.

Even if the price of dollars goes down to 1,600 and the price of bitcoin increases to 65,000 dollars (if converted to naira it would be more than a 100 million for a bitcoin) and in this case the point you made in your post won’t work cause traders won’t because some stupid fg said they shouldn’t sell above a certain price then start selling at a loss. Btw, you should remember that bitcoin is decentralized.
Title: Re: Will bitcoin reach 100million naira?
Post by: Agbe on October 28, 2024, 09:49:44 PM
With the current state of our currency Bitcoin will definitely going to sell above 100 million but one thing you need to note is that Bitcoin is a decentralized currency so it has noted to do with with your local currency. Weather the federal government of Nigeria band binance or not the price of Bitcoin will be appropriating globally it's not just a Nigerian thing as Bitcoin today is now a medium people where people use . The price of Bitcoin is not controlled by local market force's so the approach that the government is using is wrong even if you band binance there are other exchange platforms who still deal on Bitcoin, the future of Bitcoin is bright and will definitely go above 100 million naira definitely in the future
Title: Re: Will bitcoin reach 100million naira?
Post by: Cryptsafe on October 28, 2024, 10:45:35 PM
Looking at the current price of Bitcoin and naira exchange rate, it can be said that Bitcoin exceeded #100,000,000.
One thing you should know is that the market is highly volatile and no one has control over it. It might be up in a minute and down the next minute which you should know about before now.
Bitcoin is decentralised and not even the government can do anything about it because no one can control it.
Title: Re: Will bitcoin reach 100million naira?
Post by: SamReomo on October 28, 2024, 10:57:12 PM
Bitcoin is already above 100 million Naira if I'm not wrong, according to Google it's at 114,484,190 Naira per Bitcoin and that's above 100 million Naira. I believe Bitcoin will continue to gain value and it will get appreciated overtime as this is the bull run.
Title: Re: Will bitcoin reach 100million naira?
Post by: Obim34 on October 29, 2024, 08:46:55 AM
Bitcoin is already above 100 million Naira if I'm not wrong, according to Google it's at 114,484,190 Naira per Bitcoin and that's above 100 million Naira. I believe Bitcoin will continue to gain value and it will get appreciated overtime as this is the bull run.
This should be wide enough to clear our doubts, just few months ago when OP created the topic on if Bitcoin exceeds 100 million now we are currently leaving inside of it. Bitcoin at 100M Naira is far behind what we are hoping to see in the future when the price of Bitcoin takes a massive bull run and following how the Naira equivalent to dollar in the black market is increasing every day, we might even exceed 200M by then. Our goal should be focused on investing, to be part of those who will profit when the time comes.
Title: Re: Will bitcoin reach 100million naira?
Post by: WhiteHat007 on October 31, 2024, 03:28:36 PM
Bitcoin is already above 100 million Naira if I'm not wrong, according to Google it's at 114,484,190 Naira per Bitcoin and that's above 100 million Naira. I believe Bitcoin will continue to gain value and it will get appreciated overtime as this is the bull run.
This should be wide enough to clear our doubts, just few months ago when OP created the topic on if Bitcoin exceeds 100 million now we are currently leaving inside of it. Bitcoin at 100M Naira is far behind what we are hoping to see in the future when the price of Bitcoin takes a massive bull run and following how the Naira equivalent to dollar in the black market is increasing every day, we might even exceed 200M by then. Our goal should be focused on investing, to be part of those who will profit when the time comes.
It has been my observation that with the increased value of Bitcoin and a weakening Naira, I personally take the view that our only focal point is to purchase with the aim of making a gain in the future. That way, we will be following in the same movement in order to be among those who will make the money when the price goes all the way up.
Title: Re: Will bitcoin reach 100million naira?
Post by: Mia Chloe on November 02, 2024, 07:39:20 PM
Due to the way dollar day rise day fall this period I say make I ask ona if Bitcoin go reach 100nillion naira, be like say I day see of tory them way them day say the government don bound Binance to no sell btc reach 100 million, abeg my 9ja brothers and sisters, make una help me verify of the info na legit info, and make we no forget to shear beta beta information way go help our society and our citizens o, because them say information is power.
it's already above a million at least I think it has been for quite a very long time now. The reason for the whole thing is inflation is actually hitting hard ok our economy and our economy turns out to be dependent on things that aren't of much revenue to the world again it's more like the things we make our major source of income has now become of lesser value to the world and that's of course crude oil.

Bitcoin is volatile and even at that the dollar is declining just like the Naira is too however it's effect is noticeable on the Naira because of its exponential devaluation compared to the dollar.
Title: Re: Will bitcoin reach 100million naira?
Post by: Sim_card on November 02, 2024, 08:19:39 PM
Due to the way dollar day rise day fall this period I say make I ask ona if Bitcoin go reach 100nillion naira, be like say I day see of tory them way them day say the government don bound Binance to no sell btc reach 100 million, abeg my 9ja brothers and sisters, make una help me verify of the info na legit info, and make we no forget to shear beta beta information way go help our society and our citizens o, because them say information is power.
Bitcoin price have exceeded 100 million Naira, what we should be talking about is 200 million and in no time bitcoin will reach 200 million if bitcoin price is at the peak of the bull run first Q1 of next year. If bitcoin price hits $120k, it means that bitcoin is at 200 million Naira and above. Poor Naira subject to inflation.
Title: Re: Will bitcoin reach 100million naira?
Post by: Tribalchief on November 02, 2024, 09:47:56 PM
Due to the way dollar day rise day fall this period I say make I ask ona if Bitcoin go reach 100nillion naira, be like say I day see of tory them way them day say the government don bound Binance to no sell btc reach 100 million, abeg my 9ja brothers and sisters, make una help me verify of the info na legit info, and make we no forget to shear beta beta information way go help our society and our citizens o, because them say information is power.
Bitcoin price have exceeded 100 million Naira, what we should be talking about is 200 million and in no time bitcoin will reach 200 million if bitcoin price is at the peak of the bull run first Q1 of next year. If bitcoin price hits $120k, it means that bitcoin is at 200 million Naira and above. Poor Naira subject to inflation.

Life they say - works in mysterious ways(abi no be so they talk am?). In less than a year, a question that was asked have become reality. I think earlier this year, if i'm not mistaken, bitcoin was somewhere around $40K. The thing is bitcoin will continue to appreciate, but unfortunately, the naira isn't. We will definitely see 200Million, but we can only hope that our currency doesn't end up like Venezuelas'
Title: Re: Will bitcoin reach 100million naira?
Post by: Darker45 on November 03, 2024, 06:00:27 PM
Life they say - works in mysterious ways(abi no be so they talk am?). In less than a year, a question that was asked have become reality. I think earlier this year, if i'm not mistaken, bitcoin was somewhere around $40K. The thing is bitcoin will continue to appreciate, but unfortunately, the naira isn't. We will definitely see 200Million, but we can only hope that our currency doesn't end up like Venezuelas'
We are in a middle of very significant changes globally in financial sphere where such assets a Bitcoin are having high growth rates while our local currencies are struggling. We seem to have forgotten the lessons this the global economy is likely to bring and the basic fundamentals which need to be put in place to safeguard our economic base. As is the case with many other things in life, we can all be more hopeful about addressing these challenges especially given enhanced understanding of the relevance of digital assets as well as all efforts to stay financially secure. As a team, it means that everything can be solved to let the economy become strong and let everyone of us have a better future.
Title: Re: Will bitcoin reach 100million naira?
Post by: Axcel777 on November 05, 2024, 05:52:31 PM
Life they say - works in mysterious ways(abi no be so they talk am?). In less than a year, a question that was asked have become reality. I think earlier this year, if i'm not mistaken, bitcoin was somewhere around $40K. The thing is bitcoin will continue to appreciate, but unfortunately, the naira isn't. We will definitely see 200Million, but we can only hope that our currency doesn't end up like Venezuelas'
We are in a middle of very significant changes globally in financial sphere where such assets a Bitcoin are having high growth rates while our local currencies are struggling. We seem to have forgotten the lessons this the global economy is likely to bring and the basic fundamentals which need to be put in place to safeguard our economic base. As is the case with many other things in life, we can all be more hopeful about addressing these challenges especially given enhanced understanding of the relevance of digital assets as well as all efforts to stay financially secure. As a team, it means that everything can be solved to let the economy become strong and let everyone of us have a better future.
Indeed, We are now seeing them a great change in the global financial system as digital assets such as Bitcoin sets hope in the increasing pressures in local currencies. I think of how the fundamentals of economics should be applied in order to achieve stability in the future which this situation dictates.

The team as a whole has the capacity to steer change in direction and enhance the economic power of all of its members. But we already know this and given the right approach it warrants the laying right, by that I mean we can create a stronger platform for prosperity where all of us stand a better chance at a brighter future.
Title: Re: Will bitcoin reach 100million naira?
Post by: Nheer on November 05, 2024, 08:16:18 PM
Bitcoin is already above 100 million Naira if I'm not wrong, according to Google it's at 114,484,190 Naira per Bitcoin and that's above 100 million Naira. I believe Bitcoin will continue to gain value and it will get appreciated overtime as this is the bull run.
Bitcoin is really going beyond unexpected levels it really rising and to our currencies having a bitcoin is really a huge asset cause bitcoin is proving to be more valuable . The market price of bitcoin is really shocking imagine what if the bull runs comes bitcoin will be very passionate and will big a perfect and great assets to hold investing in bitcoins in early stage is really a good investment try and get a hold of bitcoins cause this our current country situation is really a disaster getting a hold of bitcoin will really be a perfect investment in the nearest future.
Title: Re: Will bitcoin reach 100million naira?
Post by: Cryptsafe on November 05, 2024, 09:46:57 PM
Due to the way dollar day rise day fall this period I say make I ask ona if Bitcoin go reach 100nillion naira, be like say I day see of tory them way them day say the government don bound Binance to no sell btc reach 100 million, abeg my 9ja brothers and sisters, make una help me verify of the info na legit info, and make we no forget to shear beta beta information way go help our society and our citizens o, because them say information is power.
Bitcoin price have exceeded 100 million Naira, what we should be talking about is 200 million and in no time bitcoin will reach 200 million if bitcoin price is at the peak of the bull run first Q1 of next year. If bitcoin price hits $120k, it means that bitcoin is at 200 million Naira and above. Poor Naira subject to inflation.

Life they say - works in mysterious ways(abi no be so they talk am?). In less than a year, a question that was asked have become reality. I think earlier this year, if i'm not mistaken, bitcoin was somewhere around $40K. The thing is bitcoin will continue to appreciate, but unfortunately, the naira isn't. We will definitely see 200Million, but we can only hope that our currency doesn't end up like Venezuelas'

"Venezuelas'"  ;D ;D ;D ;D

Very funny though. It is unfortunate that we do not have a strong currency in the naira and it has taken a down tone in our economy which ought not to be.  It is true that bitcoin was far much below the current price early this year but the utility value drove it high to this current price it rallies. However, the naira value has no deal with the bitcoin so the naira is on its own and can be the end exchange point for any user who wants it in naira equivalent.
Title: Re: Will bitcoin reach 100million naira?
Post by: Eroptech on November 08, 2024, 03:42:22 PM
Well it is only those that don't know the worth of bitcoin that will ever bother about the price movement of bitcoin .bitcoin will always surge higher even above 200 million by next year so our major concern should be how much bitcoin we have in our portfolios, so we should focus more in accumulating bitcoin than be bother about the price movement because been worried about the price of bitcoin will make us to sell our bitcoin before the expected time, which we may even sell at loss or even regret in the future for selling the little stash we have in our portfolios.
Title: Re: Will bitcoin reach 100million naira?
Post by: Agbe on November 10, 2024, 09:15:48 PM
Bitcoin is already above 100 million Naira if I'm not wrong, according to Google it's at 114,484,190 Naira per Bitcoin and that's above 100 million Naira. I believe Bitcoin will continue to gain value and it will get appreciated overtime as this is the bull run.
With the current price now Bitcoin is about $75k and with the current exchange rate that is above 100 million and with trump coming to office next year we should be projecting Bitcoin to be reaching above 200 to 260 million naira as it is projected to rise next year , I will encourage people to invest in Bitcoin because the green light is on it next year because next year is a defining moments for Bitcoin and the entire crypto currency market
Title: Re: Will bitcoin reach 100million naira?
Post by: Axcel777 on November 12, 2024, 12:01:49 AM
Bitcoin is already above 100 million Naira if I'm not wrong, according to Google it's at 114,484,190 Naira per Bitcoin and that's above 100 million Naira. I believe Bitcoin will continue to gain value and it will get appreciated overtime as this is the bull run.
With the current price now Bitcoin is about $75k and with the current exchange rate that is above 100 million and with trump coming to office next year we should be projecting Bitcoin to be reaching above 200 to 260 million naira as it is projected to rise next year , I will encourage people to invest in Bitcoin because the green light is on it next year because next year is a defining moments for Bitcoin and the entire crypto currency market
In our simulation, while the present rate of one Bitcoin is $82, 000 and exchange rate of 147, 000, 000 naira we project that greater appreciation for Bitcoin will be experienced in the next one year. The year that comes will be critical for Bitcoin and the whole market of digital currencies, especially taking into account the shifts in the political map of the world. We have a golden chance if we decide to invest and position ourselves to benefit from this remarkable growth potential, especially as all pointers are pointing towards breathtaking value addition cycle. We can contribute to this favorable market process and become interested in investment activities that may be more profitable in the future.
Title: Re: Will bitcoin reach 100million naira?
Post by: Agbe on November 20, 2024, 10:17:53 PM
Due to the way dollar day rise day fall this period I say make I ask ona if Bitcoin go reach 100nillion naira, be like say I day see of tory them way them day say the government don bound Binance to no sell btc reach 100 million, abeg my 9ja brothers and sisters, make una help me verify of the info na legit info, and make we no forget to shear beta beta information way go help our society and our citizens o, because them say information is power.
With the current exchange rate of our currency and and the price of Bitcoin moving up with in $85k_ $90k Bitcoin is already above the hundred million naira you are referring to and it is still expected to rise above this price this is due to it acceptance and awareness globally I think this is a defining moment for Bitcoin as it has reached a all time high since it inception some years ago
Title: Re: Will bitcoin reach 100million naira?
Post by: Asiska02 on November 21, 2024, 03:23:12 PM
Due to the way dollar day rise day fall this period I say make I ask ona if Bitcoin go reach 100nillion naira, be like say I day see of tory them way them day say the government don bound Binance to no sell btc reach 100 million, abeg my 9ja brothers and sisters, make una help me verify of the info na legit info, and make we no forget to shear beta beta information way go help our society and our citizens o, because them say information is power.

As I first read the title of your post, I first go carry my calculator come calculate the worth of 1BTC with the current exchange price now and the thing don almost dey clock 200 million already. I see say na since February you create this topic and by that time e fit never reach 100milliom sef.

With the way this bull run take be, 200million for 1BTC fit still dey achievable and I know say na something wey go happen very soon with how far we don come with the price wey we dey now. This one no get anything to do with wetin naija government get on top Binance, bull run go still come and do well as usual.
Title: Re: Will bitcoin reach 100million naira?
Post by: Cryptsafe on November 21, 2024, 04:33:31 PM
Due to the way dollar day rise day fall this period I say make I ask ona if Bitcoin go reach 100nillion naira, be like say I day see of tory them way them day say the government don bound Binance to no sell btc reach 100 million, abeg my 9ja brothers and sisters, make una help me verify of the info na legit info, and make we no forget to shear beta beta information way go help our society and our citizens o, because them say information is power.

As I first read the title of your post, I first go carry my calculator come calculate the worth of 1BTC with the current exchange price now and the thing don almost dey clock 200 million already. I see say na since February you create this topic and by that time e fit never reach 100milliom sef.

With the way this bull run take be, 200million for 1BTC fit still dey achievable and I know say na something wey go happen very soon with how far we don come with the price wey we dey now. This one no get anything to do with wetin naija government get on top Binance, bull run go still come and do well as usual.

I strongly believe say that amount dey achievable with the speed wey bitcoin take dey run these days. When I check, bitcoin don pass #160m wey mean say na just a little time remain for am to reach #200m. Na our weak currency naim make the money value look big like this wey be like say na one kind big thing but in some currency, e no too mean much sha but as e be say our money don devalue so tey e dey a free fall state wey nobody fit control again even the financial institution no fit do anything again as them no fit implement policy wey go hold our economy small come give naira small value.
Title: Re: Will bitcoin reach 100million naira?
Post by: Mate2237 on November 21, 2024, 09:52:50 PM
I know that by now many people have answered your questions and if you dey active, you don dey collect di answers you like to take. Even in the first all time high of bitcoin in this year of $70k, bitcoin e pass 100k Naira. And when bitcoin was $66k and I calculated at of that time, I got the total of 125k. And now 1 bitcoin go hit 173,719,689.04 Naira.

And the price dey increase day and night. So if anyone is planning to sell now, I will tell him not to sell. Still hodle it till 2028 or 2029. That year all time high will be a magnificent.
Title: Re: Will bitcoin reach 100million naira?
Post by: Celph on November 23, 2024, 01:18:30 PM
I know that by now many people have answered your questions and if you dey active, you don dey collect di answers you like to take. Even in the first all time high of bitcoin in this year of $70k, bitcoin e pass 100k Naira. And when bitcoin was $66k and I calculated at of that time, I got the total of 125k. And now 1 bitcoin go hit 173,719,689.04 Naira.

And the price dey increase day and night. So if anyone is planning to sell now, I will tell him not to sell. Still hodle it till 2028 or 2029. That year all time high will be a magnificent.
Omo,i get what you are saying oo ,but thatlast paragraph ehh,most peiple nk get patience. I believe say e common with humans.Situations or investors you see doing this are people who have stayed lo g enough in the game.HODL in crypto could be really and most benefitting as it is a lomg term investment that yields alot of profit most times but does everyone have enough of that patience to wait till 2028?
Well,investment decisions varies so i won't advise on Holding or selling,anyone your investmemt decision goes in lime with and you are sure it would benefit you,omo,do it comrade,whether hodling or selling,profit must be made!