Post
Topic
Board Nigeria (Naija)
Re: Wetin go happen to our stored Bitcoin, if Nigeria release her ban
by
She shining
on 09/05/2023, 18:27:37 UTC
but can still be traded through this forum.

Wait Bitcoin is traded in this forum?
Parallel (black market) prices were used before the ban.

Am well aware that black market prices were used bought my first USDT via P2P around July 2020 at about #430 which was the same as the black market price, while the official price was around #390.
Thanks For the answer, I think I know where my mistake came from. Have been thinking that USDT rising this high is as a result of the ban. Forgetting that USDT is still USD, Does that mean that the spike in the price of Dollar in the parallel market is as a result of Inflation or the high demand for dollar or both?
Because the difference between the parallel market and official market around 2020 was little, but that of 2023 is almost times 2.

So the concept about the Thread I created here
 was flawed from the beginning Lips sealed
Is there a way a thread can be I don't know Deleted?