Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: Bitcoin price speculation (BTC/NGN)
by
Charles-Tim
on 23/06/2023, 13:45:28 UTC
⭐ Merited by Igebotz (1)
Moreover, I saw that Binance started using the black market rate on it's spot trading like 5days ago, and same as "Trust wallet" whose value per dollar started falling gradually from on the 15th of June at #610/$1 to this day at #816/$1 on Trust wallet. As you can see below in the images.
With BitPay, I can set it on Electrum too, but still if lower rate, at ₦752 to a dollar. Indo not know what cause it but it has also changed.


upload image to website

But first, I need clarity on whether this topic is about making the economic and technical analysis or a mere page where we can just post/quote the BTC/NGN price daily/regularly.
Technical analysis, fundamental analyses, news, statistical analysis, all possible things that can have effect on bitcoin price can be on this thread. But it would be good to what could correlate more to bitcoin holding instead of trading.

Besides, there is something I would like to also point out. It would have been better if you used the I&E window for this to make it looks more official. This is because I've never seen reliable BTC/NGN pricing charts that are sourced from the parallel market.

It has to be an I&E window, and all the charts to sort the speculation can't state otherwise.
I have thought about this several times, they both almost even have similar price as at now. I think this will not cause confusion.