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Author Topic: Will bitcoin reach 100million naira?  (Read 1493 times)

Offline Mr. Allcrypto

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Will bitcoin reach 100million naira?
« 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.
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Will bitcoin reach 100million naira?
« on: February 22, 2024, 11:43:54 PM »

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Offline Igebotz

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Re: Will bitcoin reach 100million naira?
« Reply #1 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
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Re: Will bitcoin reach 100million naira?
« Reply #1 on: February 22, 2024, 11:47:03 PM »

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Re: Will bitcoin reach 100million naira?
« Reply #2 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.
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Offline Agbe

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Re: Will bitcoin reach 100million naira?
« Reply #3 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

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Re: Will bitcoin reach 100million naira?
« Reply #4 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.
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Re: Will bitcoin reach 100million naira?
« Reply #5 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.
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Re: Will bitcoin reach 100million naira?
« Reply #6 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.
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Re: Will bitcoin reach 100million naira?
« Reply #6 on: October 29, 2024, 08:46:55 AM »


Offline WhiteHat007

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Re: Will bitcoin reach 100million naira?
« Reply #7 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.

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Re: Will bitcoin reach 100million naira?
« Reply #8 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.
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Re: Will bitcoin reach 100million naira?
« Reply #9 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.

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Re: Will bitcoin reach 100million naira?
« Reply #10 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'
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Re: Will bitcoin reach 100million naira?
« Reply #11 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.

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Re: Will bitcoin reach 100million naira?
« Reply #12 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.
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Re: Will bitcoin reach 100million naira?
« Reply #13 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.
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Re: Will bitcoin reach 100million naira?
« Reply #14 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.
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