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Topic: Bitcoin is gaining momentum in Africa - page 6. (Read 2409 times)

hero member
Activity: 714
Merit: 531
December 17, 2017, 09:49:06 AM
Nice to hear that mate i think it was a biggest help to increase the demand and value of bitcoin, also bitcoin can helps to boost the economy of african country if many people are start earning money in the way of earning in crypto currency.

Hoping that it would happen in all country to make bitcoinife will be more stronger and it will continuous giving help to all people who really need money for daily purposes.
newbie
Activity: 49
Merit: 0
December 17, 2017, 09:33:15 AM
My personal belief is that Africa will be the beginning of the world domination of cryptos.. people(government) try and print money, use cryptos to maintain a balance.
full member
Activity: 196
Merit: 100
December 14, 2017, 11:47:09 AM
I believe Bitcoin was intended to spread the wealth.  Decentralization is the keyword here.  To read about Bitcoin being adopted in poor economies is heartwarming.  To allow countries that have been exploited and or deserted by centralized authorities to have an equal footing in the global economy really makes me optimistic that Bitcoin and its community is really doing some good in this world.  

No it wasn't. Sorry to burst your socialist dream but bitcoin will do exactly the opposite.
Those that have money now will get richer, the ones that can't afford to buy will stay poor.

Bitcoin is pure capitalism and free market, not state controlled socialism

There has been a misunderstanding.  Maybe it is the phrase 'spread the wealth'. Spread the power is better way to say it.  Individuals would gain power back from governments and corporations by owning and controlling their capital.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 14, 2017, 08:05:51 AM
Is Zimbabwe in Africa? Pardon my dumbness is geography... but anyway, the last time I checked it, Bitcoin in Zimbabwe was double the price of Bitcoin in US. I will not doubt if the entire Africa will move to bitcoin very soon and leave the FIAT behind.

Did you also the check where that price was listed and what volume?
It was a shady exchange  with a volume of close to 2BTC a day. That is going to take some time...

Check localbitcoins for the price, there is nothing special about price in Zimbabwe , just some that really try to scam people buying at 3 times the price. That doesn't mean you can't buy at close to market levels price.

Africa is known to be a relatively mature market of crypto and bitcoin.

How and please give some data on this!!!
Mature? Common, let's be serious.

I believe Bitcoin was intended to spread the wealth.  Decentralization is the keyword here.  To read about Bitcoin being adopted in poor economies is heartwarming.  To allow countries that have been exploited and or deserted by centralized authorities to have an equal footing in the global economy really makes me optimistic that Bitcoin and its community is really doing some good in this world.  

No it wasn't. Sorry to burst your socialist dream but bitcoin will do exactly the opposite.
Those that have money now will get richer, the ones that can't afford to buy will stay poor.

Bitcoin is pure capitalism and free market, not state controlled socialism

full member
Activity: 686
Merit: 108
December 13, 2017, 07:41:23 PM
Africa is known to be a relatively mature market of crypto and bitcoin. I still know there are many ICO projects in Africa. Maybe the crypto market will change lives in African countries, if that happens I feel very happy.

Its a very nice market though, and hopefully more countries will finally adopt the technology of bitcoin. Bitcoin is great technology that can help develop one economy.
full member
Activity: 658
Merit: 100
PayAccept - Worldwide payments accepted in seconds
December 13, 2017, 07:37:51 PM
This goodness has greatly contributed to the development of today's bitcoin, the values it gained thanks to the inclusion of such problems.
member
Activity: 406
Merit: 10
The Exchange for EOS Community
December 13, 2017, 07:31:19 PM
Africa is known to be a relatively mature market of crypto and bitcoin. I still know there are many ICO projects in Africa. Maybe the crypto market will change lives in African countries, if that happens I feel very happy.
member
Activity: 168
Merit: 47
December 13, 2017, 07:23:17 PM
Africa is covered by demand for crypto-currencies !!!

Now Bitkoin.Africa allows customers from all African countries to buy bitcoins, quickly and without problems.
Nigeria became the first country to exchange P2P digital assets, seeking to facilitate access to bitcoin throughout the African region.
Bitkoin.Africa was launched by a team of Nigerian developers on October 1
Have a nice day, everyone! Wink

This is really good news i think, not just for bitcoin but for all kind of cryptocurrency.
With this spreading, more people involve and make cryptocurrency more popular.
full member
Activity: 196
Merit: 100
December 13, 2017, 07:21:25 PM
I believe Bitcoin was intended to spread the wealth.  Decentralization is the keyword here.  To read about Bitcoin being adopted in poor economies is heartwarming.  To allow countries that have been exploited and or deserted by centralized authorities to have an equal footing in the global economy really makes me optimistic that Bitcoin and its community is really doing some good in this world. 
sr. member
Activity: 490
Merit: 258
December 13, 2017, 07:09:38 PM
Is Zimbabwe in Africa? Pardon my dumbness is geography... but anyway, the last time I checked it, Bitcoin in Zimbabwe was double the price of Bitcoin in US. I will not doubt if the entire Africa will move to bitcoin very soon and leave the FIAT behind.
legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
December 13, 2017, 07:04:59 PM
#99
Yes,i think bitcoins would be more helpful for the people of most african countries who suffer from poverty.
Rather than for poverty, long back itself people started to use bitcoin for the purpose of business transactions die to the low currency value of the countries around Africa. At some point even after restrictions from government, people continued to use the same, which shows the positive impact they have got over bitcoin.
sr. member
Activity: 392
Merit: 250
December 13, 2017, 06:58:47 PM
#98
Yes,i think bitcoins would be more helpful for the people of most african countries who suffer from poverty.Kenya is the first african country to adopt bitcoin mostly.At irst,bitpesa was started in 2013 which provided a platform between african countries and other world countries to make the payments in bitcoin which made the transaction fee to get reduced to almost 50%.Nigeria,ghana and south africa are the other nations which provide friendly environment to bitcoin.Bitkoin.Africa at first allowed nigerians to buy and sell bitcoins P2P but now,it allows almost all african nationalsto do so.
member
Activity: 446
Merit: 13
December 13, 2017, 02:21:48 AM
#97
Africa is covered by demand for crypto-currencies !!!

Now Bitkoin.Africa allows customers from all African countries to buy bitcoins, quickly and without problems.
Nigeria became the first country to exchange P2P digital assets, seeking to facilitate access to bitcoin throughout the African region.
Bitkoin.Africa was launched by a team of Nigerian developers on October 1
Have a nice day, everyone! Wink

Hi there 999sever666! Its good to hear that Africa is going with the trend of cryptocurrency. The good thing about the whole blockchain technology is its broad user spectrum. Anyone on the earth with a good internet connection could hop in and join in the cryptocurrency era. And that good thing with Africa is its power to invent new strategies to be famous in the world and that P2P digital assets exchange is one example of its. I hope that there are more country that will follow the initiative done by the said country.
newbie
Activity: 27
Merit: 0
December 11, 2017, 12:10:39 PM
#96
Bitcoin could lead to a new economic revolution in Africa, because there are a lot of reasons people use btc instead of there national currencies.
one of the best example is driven by Zimbabwe https://news.bitcoin.com/after-mugabe-zimbabwe-pushes-bitcoin-to-17875/
where each btc is traded more than 60% in the rest of the world. Maybe next satoshi will be a citizen from an african country Smiley
Zimbabwe is one of the countries that using bitcoin more often that their national currency because of the more potential of bitcoin rather than their sinking currency. If bitcoin will be 100% implemented in Zimbabwe, i think that their country can be saved by just working and saving bitcoin.

Hhahahahha, Really?

Zimbabwe, one of the poorest country in the world is using bitcoin more than it's own currency.
Let me ask you this:

1. With 16 million people, how do they manage to get their turn having a confirmed tx with 400k daily worldwide transactions?
2. How can the world poorest afford to pay what is now an average fee of 7$ to buy food?

The average worker (!!!!) , the guy that has a job (only 30% of the population does), is making only enough to pay a tx a day.

Get real and stop with the unicorns.


You are right. But BTC is one of working money saving methods for local community, isn't it? Zimbabwe currency is more volatile than bitcoin price, so the local middle class, if we can call it so, can hold money in cryptocurrencies.
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 09, 2017, 06:59:16 AM
#95
Bitcoin could lead to a new economic revolution in Africa, because there are a lot of reasons people use btc instead of there national currencies.
one of the best example is driven by Zimbabwe https://news.bitcoin.com/after-mugabe-zimbabwe-pushes-bitcoin-to-17875/
where each btc is traded more than 60% in the rest of the world. Maybe next satoshi will be a citizen from an african country Smiley
Zimbabwe is one of the countries that using bitcoin more often that their national currency because of the more potential of bitcoin rather than their sinking currency. If bitcoin will be 100% implemented in Zimbabwe, i think that their country can be saved by just working and saving bitcoin.

Hhahahahha, Really?

Zimbabwe, one of the poorest country in the world is using bitcoin more than it's own currency.
Let me ask you this:

1. With 16 million people, how do they manage to get their turn having a confirmed tx with 400k daily worldwide transactions?
2. How can the world poorest afford to pay what is now an average fee of 7$ to buy food?

The average worker (!!!!) , the guy that has a job (only 30% of the population does), is making only enough to pay a tx a day.

Get real and stop with the unicorns.

member
Activity: 62
Merit: 10
December 09, 2017, 05:56:38 AM
#94
Bitcoin is truly unstopable and now africa allowed their people to buy bitcoins they dont wanna left behind. They know bitcoin is a good investment and secure block chain technology africans really a business minded. Bitcoin is really easy to use and now some are accepting bitcoins as payment.
yesbitcoin is gaining the momentum in the africa , its becasue of the legalization of the bitcoin in the africa , african's are the bussniss minded and are good steps taker, they take good step toward the bitcoin and they will eat the fruit of the bitcoin from all over the world. their people can invest and trade in bitcoin with courage so an emvoirment is created and bitcoin is gaining the momentum in africa.
member
Activity: 70
Merit: 10
December 04, 2017, 03:16:22 AM
#93
58..   90
yes bitcoin is gaining the momentum in the Africa , its because of the legalization of the bitcoin in the Africa , African’s are the business minded and are good steps taker, they take good step toward the bitcoin and they will eat the fruit of the bitcoin from all over the world. Their people can invest and trade in bitcoin with courage so an empowerment is created and bitcoin is gaining the momentum in Africa.
jr. member
Activity: 51
Merit: 10
December 03, 2017, 01:33:28 PM
#92
Africa is covered by demand for crypto-currencies !!!

Now Bitkoin.Africa allows customers from all African countries to buy bitcoins, quickly and without problems.
Nigeria became the first country to exchange P2P digital assets, seeking to facilitate access to bitcoin throughout the African region.
Bitkoin.Africa was launched by a team of Nigerian developers on October 1
Have a nice day, everyone! Wink

it is first time to know about Bitkoin.Africa anyway like you say Africa is good place for bitcoin and it will support bitcoin with huge demand in future (Because Africa is rich with many source which will be real bitcoin mining )
hero member
Activity: 952
Merit: 500
December 03, 2017, 12:33:21 AM
#91
Africa is covered by demand for crypto-currencies !!!

Now Bitkoin.Africa allows customers from all African countries to buy bitcoins, quickly and without problems.
Nigeria became the first country to exchange P2P digital assets, seeking to facilitate access to bitcoin throughout the African region.
Bitkoin.Africa was launched by a team of Nigerian developers on October 1
Have a nice day, everyone! Wink
Its good to see african people getting awareness about bitcoin.Its such a big continent having many countries.Its already late to enter bitcoin world.But nigerians are world famous for their scams.Hope that this would be a legit one.

Today,nigeria is said to have the largest number of bitcoin trades in whole africa.According to google trends,nigerians search the word "Bitcoin" largest number of times in the internet all over the world.

At first,Bitkoin.Africa allowed only nigerians to buy and sell bitcoins and now,it seems that they provide their service for users of all the african nations.
full member
Activity: 420
Merit: 106
December 02, 2017, 11:04:21 PM
#90
Africa is covered by demand for crypto-currencies !!!

Now Bitkoin.Africa allows customers from all African countries to buy bitcoins, quickly and without problems.
Nigeria became the first country to exchange P2P digital assets, seeking to facilitate access to bitcoin throughout the African region.
Bitkoin.Africa was launched by a team of Nigerian developers on October 1
Have a nice day, everyone! Wink

This development is a good start for poor country like Africa this will help lots of people from that country making more job opportunity. hope this will become a start of success using cryptocurrency in that country.
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