Check Out Five Hidden Facts You Didn’t Know About Bitcoin, Other Cryptocurrencies

Date: 06-02-2021 7:39 pm (3 years ago) | Author: Olusanya Akinrinola
- at 6-02-2021 07:39 PM (3 years ago)
(m)

Nigeria is the latest country to ban cryptocurrency trading as announced on Friday by the Central Bank of Nigeria.
The CBN ordered banks and financial institutions to block bank accounts trading in cryptocurrency , stressing that failure to comply to the directive attracts severe regulator sanctions.

Meanwhile , here are five things you didn’t know about cryptocurrency :

1 . Cryptocurrency is digital money which can be used to buy goods and services. It exists online which means it doesn ’t appear in physical coins or bills.

2 . Bitcoin is the first cryptocurrency and was created in January 2009 by a mysterious person or group known as Satoshi Nakamoto. One Bitcoin sells at N15 m as at the time of filing this report .

3 . Once you lose your address to your crypto wallet , you automatically lose all the money in your wallet . Simplilearn estimates that 60 per cent of cryptos are ghost because their owners have lost the address.

4 . Cryptocurrency has been banned in Nigeria, China, Bolivia, Nepal , Bangladesh, Ecuador, Morocco and Iran.

5 . Cryptocurrency value Is extremely volatile , according to Express Computer. Just like a normal share market, there are a lot of external factors that have a direct impact on the value of Crypto money. They are super volatile and really depend on your sense of trading. The value can swing dramatically which is sometimes in your favour and sometimes terribly against it. Its digital-only presence and risk factor is why people choose to steer away from it


Posted: at 6-02-2021 07:39 PM (3 years ago) | Hero
- gogoman at 6-02-2021 07:47 PM (3 years ago)
(m)
only ban in mumu countries  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
Posted: at 6-02-2021 07:47 PM (3 years ago) | Grande Master
Reply
- smart61 at 6-02-2021 09:49 PM (3 years ago)
(m)
Quote from: gogoman on  6-02-2021 07:47 PM
only ban in mumu countries  Roll Eyes Roll Eyes Roll Eyes Roll Eyes
. Not exactly because China can't be said to be a Mumu country.
Posted: at 6-02-2021 09:49 PM (3 years ago) | Gistmaniac
Reply
- Melvinosoku at 7-02-2021 12:34 AM (3 years ago)
(f)
The Central Bank of Nigeria has ordered all banks to close any accounts transacting with cryptocurrencies.

Cash out now while you can before it's too late.  I buy bitcoin at the current dollar rate.  To sell your bitcoin, You can reach us on:_ ☎ 08167999151

 I will transfer your money into your Nigerian bank account, this way, your account will not be blocked.
Posted: at 7-02-2021 12:34 AM (3 years ago) | Newbie
Reply
- Commonsense at 7-02-2021 09:36 AM (3 years ago)
(m)
Quote from: Melvinosoku on  7-02-2021 12:34 AM
The Central Bank of Nigeria has ordered all banks to close any accounts transacting with cryptocurrencies.

Cash out now while you can before it's too late.  I buy bitcoin at the current dollar rate.  To sell your bitcoin, You can reach us on:_ ☎ 08167999151

 I will transfer your money into your Nigerian bank account, this way, your account will not be blocked.
Another wicked fraudster rushing to cash in.
Posted: at 7-02-2021 09:36 AM (3 years ago) | Upcoming
Reply
- Klaison at 26-05-2021 07:57 PM (2 years ago)
(m)
It's a popular program for students. If I read your management sooner, but found my meage, I'd like to know more about the instances of your job. I heard the amazing comments and thoughts of my pals and tried to command my eay at https://www.bestcustomwriting.com/ . However, for my lifespan and distinctive features, the work is quite important. I hope that the men play my role qckly and correctly.
Posted: at 26-05-2021 07:57 PM (2 years ago) | Newbie
Reply
- Klaison at 4-06-2021 01:06 AM (2 years ago)
(m)
Yes, that's interesting. I will study it in as much detail as possible. I'm a worker right now and I can claim that learning new abilities isn't easy. I have found a way to use trade. However, you also need to follow these indications in order to complete effective transactions. help improve the understanding and development of the industry. So you couldn't trade blindly. That's why I'm grateful to https://safetrading.today/bots/crypto-trading-bots/ who provided me with the signals. I strongly advise you to read these.
Posted: at 4-06-2021 01:06 AM (2 years ago) | Newbie
Reply
- GeezerviserBom at 30-06-2021 09:22 PM (2 years ago)
(m)
wow, some really interesting facts) I wish I learned earlier about it. But actually, it is hard not to sell when you have
100% etc. So I think if I bought it for 1 cent I would sell it for 2-3 cents and still would regret it. no one knows the future, but you can try to predict it. I am currently in a long position on bitcoin. I recommend you reading this forecast if you are also trading cryptocurrencies https://libertex.com/blog/bitcoin-price-forecasts
Posted: at 30-06-2021 09:22 PM (2 years ago) | Newbie
Reply
- tinGivi3 at 21-07-2021 11:25 AM (2 years ago)
(m)
I want to say that it has nothing to do with Bitcoin or cryptocurrency. I am a traditional investor, I hate risk and I don't like fluctuations in the price of cryptocurrencies. Also, in the case of Bitcoin, I don't like the amount that cryptocurrencies are misleadingly claiming to happen. With the success of millionaires, cryptocurrencies irresponsibly emphasized risk, and this attitude towards the stock market and investing in risk has spread to apps like Robin Hood. click here to read more https://www.emulatorpc.com/monster-legends-rpg/
Posted: at 21-07-2021 11:25 AM (2 years ago) | Newbie
Reply

fire TRENDING GISTS fire