Topic: Bitcoin don prove them wrong. (Read 452 times)

Na jealousy dey worry Dem, you know say for this country we no like to be our brothers keeper ,we like see bad tins to dey happen to our friends and neighbors,mainly when them no get money, you want make e be say na only you get ,make nobody reach you,make Dem dey beg you, you go dey use them make yeeye, Dem see sey people dey take Bitcoin survive when them invest ,the returns high,so Dem no one believe say this kind of investment dey now,
These same people no want and gree say Bitcoin wan save us from money wahala wen them put us,e dey pain them well well na him make them bring every waayo to make sure sey people no enter and use Bitcoin ,make dem dey suffer .
 Wey Bitcoin no come dey the wey wen them want am, them no get choice na to join the moving train wey be Bitcoin.

Maybe you misunderstood me when I said "Bitcoin go die", because the truth be say literally we all know say Bitcoin no fit die, but what I meant was that according to several US election thread we have had on the "Politics & Society" board of the forum, many people don dey talk the same thing I just said, while judging it base on what Donald Trump said in 2019 while he was still the president during his first tenure about he not been a fan of Bitcoin and other cryptocurrencies that is not money, as could be seen below, of which many people thought he would still recognize Bitcoin if he eventually wins the second tenure. But it was obvious, the reverse was the case. So that's actually what I meant

I no really think say bitcoin na the first cryptocurrency, David Chaum invented eCash in 1990 and I believe say na em be the first cryptocurrency, followed by other ones wey be B-money, Bit Gold, and Hashcash. But Bitcoin na the first one wey get this kind popularity sotey em come bury all other ones wey them create before am because say em get better potentials come dey solve the problem of lack of transparency, accountability, security and freedom wey dey for government to they hold people money for banks, e.t.c. Bitcoin make way well well because of em potentials also as investment opportunity where you go fit dey in charge of your investment and no be like most of these stocks and bonds wey people go dey manage for you come dey get gain for your investment pass you wey get the money.

This one na normal thing, anytime wey you dey fight wetin dey right, na advertisement you dey do in disguise. Many people for this country been know about bitcoin only when them stop people to dey buy am from bank and others when Nigerian government and Binance get problem. So the more the dey fight am, the more people dey try understand wetin bitcoin actually be and why them government dey fight am, those people wey find out the truth go run sharp sharp begin invest in bitcoin as bitcoin dey try help them overcome government controls.

if you talk of crime, e no get any financial medium wey them no dey commit crime, even for the banking system wey them dey even hack person phone number use am liquidate em account, how many times government don fight bank? Wetin them dey fight for bitcoin na em potentials wey fit give people independence from them government and when those things happen, government no go fit victimize people how them want since them no get control over their finances again and to win elections go hard them since most people no go send them and their pre-electoral deceits

Where them been talk this one abeg because I don follow plenty Bitcoin discussions but I no hear anyone when them talk say Bitcoin go die if Trump win the election. All I been hear be say Trump na pro Bitcoin which is person wey go support Bitcoin whereas Kamala was anti Bitcoin because she go wan follow the footstep of Joe Biden who been fight privacy so much and even miners follow collect for him hands. To show you say Trump is pro Bitcoin, check how Bitcoin begin dey rise anytime poll result show say na him go win.

Omo.. to be frankly speaking, me I go talk say I dey very very excited to see say Bitcoin dey prove many people and theories wrong, most especially those wey talk say eh Bitcoin go die if Trump gets elected as US president, and likewise eh go fall kpata-kpata in price if he eventually win, as it seems the reverse is now the case, as Bitcoin have soar stronger and better like never before this period, of which I dey very happy, as Bitcoin still gets a brighter future, which is why the only advice I go fit give newbies is to buy and invest in Bitcoin. No amount of money is too small.

off course with the way Bitcoin has been stable and since inception people are still wondering how the coin has tested the length of time because when Bitcoin started different people where skeptical about it weather it was going to be successful because as of today Bitcoin has reached a all time high and is still counting Bitcoin has really surpassed initial fears

Actually everything wey you talk na true, but the number 2 wey say na only theif people go dey use bitcoin, Naim be the place I wan chuk mouth. I no fit deny say wetting dem talk there no be true, na true dem talk say people go use bitcoin for iligal activities, but where de talk no get head na because dem say "na only" thief dey use am. Na both thief and normal people dey use bitcoin, no be only criminals. You know anything wey get good also get bad so de bad side of am be say dem dey use am scam people. But that one no means say E change the positive aspect of bitcoin.

Normally na so e dey always be sha when new something come out people dey always fear first before Dem go start to take advantage am. While because the world wey we dey today na full of scam so na wetin make most people no fit invest in Bitcoin that early stage even though me self dey among for the people wey been dey see Bitcoin as scam it was when I joined this Bitcointalk forum na I no say Bitcoin dey legit so if to say I start to invest in Bitcoin that early stage by now I for don make am. However, to take risk sometimes dey always dey good because the risk wey you take today fit make you billionaire tomorrow.

I will said that in the all world Bitcoin is the best coins, we all know that there’s is a altcoins that came at the back of the Bitcoin which a lot of people’s was sayin that it will be better then Bitcoin and honestly over pass many years they have never done well like Bitcoins; the only things they been doing all this is to jump without pump up. When the Bitcoins is dump all the altcoins will be follow to dump, but when their the Bitcoin is about to pump they will remain without any sign of pump and that’s what a people’s can said I will never put the Altcoins ahead of the Bitcoin.

I think more people are beginning to reconsider their judgements about Bitcoin lately, in the past a lot of people critised it an said all sorts of stuffs to discourage people from going into it but over the years, Bitcoin has been thriving and the price is beginning to prove them wrong that's why it's now being adopted for different use cases, Bitcoin have gone through different challenges over the years, from government regulations, criticisms to scam charges but yet it still remains the best Cryptocurrency and superior to others. However all those challenges can't stop it from thriving, several government who implemented several regulations to hinder people from using Bitcoin are gradually calling off their regulations, some so called critics are the ones even buying it more and  more people are beginning to notice that Bitcoin is legit and not like shitcoins because they're now learning and understanding it's concepts compared to the previous times.

Exactly, many people regard bitcoin as a fraud because they do not believe in it, but nothing has changed; it is still working effectively and individuals who invest in it are profiting. But most people who don't believe in bitcoin don't know anything about it, since if you don't have any cryptocurrency, you will certainly believe in bitcoin because it is the most popular and greatest in the world, in my opinion. Because everyone has a choice, but I believe that anyone who is familiar with cryptocurrency will never claim that bitcoin is a hoax. And what I reveal again is that, some individuals just like confusing some people so that they won't invest because they didn't have the money, so another person won't do, so that they won't benefit from it.

Knowledge is the key to success because if you don't know anything about bitcoin, you'll believe whatever everyone says because they've been there before you and claim to know more than you. However, with the Internet, you can search for anything you want to know. So, if they suggest something is a scam, you should conduct your own research to see whether they are telling the truth.

For those other list rating from number 2 down to the end me I agree with you say bitcoin don prove the anti-bitcoinist them wrong about their assumptions and perceptions about bitcoin. But on this number 1. me I no dey want argue about this one because everyday technology and innovation the improve and advance with people creating things we least expected. So if for now nobody or group don fit create coin wey better pass bitcoin it no mean say in the future it fit no happen. Na to just follow the protocol of bitcoin and then add more advanced features and solutions to it then boom you go see say every person go start run go in that direction but for now make we enjoy the use case and profit wey bitcoin dey give us.

All those we don talk am pass in the forum. And I will talk on the number 5. You really try for the explanations but the use of bitcoin is really limited to only investment in 99% of the country. And the real purpose of bitcoin was to use as to buy things online. But that side is not really utilised very well. It is in the Bitcoin whitepaper to use bitcoin to buy things as p2p. But time is coming that we will use it well in the aspect.

Many people been get this wrong perception about Bitcoin in it's early days, sometimes I don't blame some of us from this party of the world since ponzi been dey on the high that time and people no really know wetin to trust. Them no even come understand the price volatility join, so when the price begin dangle, them sell off immediately out of fear. Me I been sell my own with loss back then because the orientation was poor.

I guess we all dey wiser and more informed now, so we dey involved now more than ever and we have come to stay in our involvement in Bitcoin as we anticipate say em go dey appreciate so that our investments go dey get more profitable.

Me no also understand the guy post well but I believe say your reply don clear am. E shock me when him been say them ban bitcoin for all countries because I know say that kind thing no fit happen when we dey hear news of China planning to make bitcoin legal and even US go dey very active for bitcoin if Donald Trump win base on wetin him talk for him campaign. Me I know say bitcoin just dey start and the future dey very bright, so make people dey buy and save as much as them fit now because for future the thing go grow wella.

This aspect of say dem go hack Bitcoin naim catch my attention, the thing fes make me laff fes hahahaha,  first thing be say If you understand the technology behind Bitcoin dat kain thing no go even come your head but na pipo wey no understand wey think say na just wan normal thing wey dem dey c for Internet so anybody for just say dem dey hack am, d time wey you go waste dey try to hack Bitcoin you for don use am make money if you buy Bitcoin because the attempt alone go take you years even if we know say you no go succeed,  Bitcoin no be wetin dem dey tink to hack, u only fit hack person wallet collect person own but I no sure say u fit hack ma, e be like money wey dem dey use pay for something, I never c were dem hack money so I no sure say dat kain thing fit happen and even all this years wey Bitcoin don dey sef, we never hear say anything like dat happen.

Me i no too understand wetin you bin dey try talk, na only a few countries wey don outrightly ban bitcoin, e dey legal for most countries, though almost all of them wan regulate its use amongst their citizens. Take Naija for example, bitcoin no dey banned for here na, but our government no like crypto, so dem dey find way to regulate am, so dem go fit dey chop tax from am.

Whenever we talk about cryptocurrency, we mean Bitcoin these days whenever we talk about crypto, and its value is increasing rapidly from this popularity.

 We can see from various discussions and criticism that Bitcoin has not completely dominated its movement, but still Bitcoin is viewed by very few people with a skeptical view of Bitcoin investment. It is true that bitcoin is banned by government system of different countries but I think, we have to think about future and take risk in bitcoin investment and increase portfolio through DCA method.

I go talk am and  I go continue to dey talk am say Bitcoin na be the best. Bitcoin despite the volatility na be de only coin you fit invest with peace of mind and the way the coin dey pump,people wey invest today  dey sure of a better and brighter future. That's why I dey tell my friends,if you want to invest your money in crypto currency,invest in bitcoin and secure your future and that of children.

Let me give you a good example the main man behind Microstrategy which is Michael Saylor was once a bitcoin FUDist and was advising people not to invest, today he and his company are currently one of the biggest and popular investors of bitcoin, he buys even in dips using borrowed money to tell you how obsessed they are with bitcoin currently. Another one is the chairman of Tesla Elon musk he was actually fudding bitcoin to help shill his shit coins Doge and ask people not to invest in bitcoin but instead on doge, today the Tesla company holds a large chunk of bitcoin in their portfolio.

I don’t blame bitcoin fudders much if we actually analyze it’s advantages, bitcoin was more like a revolution to the traditional fiat currency and nobody believe something associated with money will ever be decentralized as we have bitcoin today. So it brought the fud at early stage but as we get closer to it more everyone sees the future been a decentralized system

Na so e just be o, because person wey no want make another person wey see light to enjoy am, na witchcraft e be o.
Na because of this Bitcoin matter I talk so, because as I don observe, other coins don dey forced to perform better and as people dey talk bad about Bitcoin, e com show them em many characteristics before even government
of some countries come dey believe small small come adopt am as future of currency.
Bitcoin don fulfill some criteria wey go fit make that new world other them talk about, become reality.

Na so life be normally, when something dey come out new for the first time, a lot of people go always cast aspersions based on their personal and unverification belief. Even me self, when Bitcoin come out the first time, I no really get a concrete knowledge about the whole thing, na from people mouth I person hear different story about Bitcoin, but thankgod today say person don learn how to get information about Bitcoin firsthand from community members and other reputable sources of information.
Some persons been dey even talk say the whole Bitcoin thing na scam, say them go carry your money run, since them no get office for Nigeria, Omo nothing we no hear.

It is time Bitcoin should no longer be taken as a joke, what more do we have to prove that Bitcoin can not be surpassed, Bitcoin can not fade from the surface and Bitcoin is not controlled by the government, so they can't deal with Bitcoin in a way that every body get's to abandon. Anyone who does not appreciate Bitcoin should be left alone and kept aside to witness sincere growth, same way Bitcoin crossed $70k, it will also go beyond $100k value just with a matter of time.

Na normal thing, people wey no believe in bitcoin choke, some think say na ponzi, many others believe say na outright scam. I no go really blame some of them because dem been get this wrong information from the news media and also from social media too. Me i just happy say when i been hear about bitcoin, i calm down to try understand am, if not i for be one of those people wey dey think say bitcoin na scam.

Lol, I say ehh, nothing my ear never hear about Bitcoin the time wey I start to tell people about Bitcoin, the thing come even make me decide me no fit ever tell anybody about Bitcoin. E get when me and person been dey argue one certain time say Bitcoin go reach $70k, and I remember vividly, the person tell me say the day wey Bitcoin go reach $70k say e go gimme 100k, say Bitcoin wey go soon fall. We just dey use play play dey talk am until the day BTC touch e last ATH of $70k+ I come screenshot am show, him self shock because e no believe am, and the time wey we get this argument, Bitcoin been just dey around 30k abi 40k self.

You know say anything wey people never they talk about am e no Dey grow up for our country, even as a human being if people never start to Dey criticise you you no go blow wey some people go know you, many people don talk about bitcoin to the extent that you will think some of them don buy bitcoin before nii, many of those people who are talking that bitcoin no be better investment many of them never buy bitcoin they are just saying all those things to make people don’t like it because they don’t trust, and in this life if you no like something e no mean say another person no go like am.

Even now them get people wey still Dey talk about bitcoin say na scam because they don’t believe it, but I have said it before that anybody wey no believe in bitcoin na illiterate because person wey no waiting be technology and the person sabi phone and sabi thing’s online will never think bad about bitcoin, no matter how they talk about bitcoin it will continue growing because every na so e Dey grow up.

Initially, I had such thought and mentality about bitcoin when I first heard it but as time passed, my reasoning and perspective towards bitcoin changed for better. So far, it has been of great help that I was able to do away with that mindset I initially had towards bitcoin.

One thing I think we should know is that Bitcoin is the first and foremost crypto currency of them all to be in existence and as such avail the privilege to take the lead in the crypto currency space or market. For the fact that it was the first, the market tends to move in consonant with it and that is why whenever bitcoin is showing a green light, others follow and vis versa.

Many people have said things about bitcoins existence and the government as well is not left out of this as the clamp down on bitcoin by various government  have been on the rise but that alone is  getting bitcoin become more popular than the government itself. This alone is the fear of the government hence their clampdown on bitcoin to making sure they get it regulated which they have failed to do so and I believe they can never censor or regulate bitcoin.

Irrespective of the crimes perpetuated by hackers and scammers, the positive aspect of bitcoin supersedes every other thing we think about it. I believe these are just one of the things that  occurs for the system to continue to thrive on. It is normal and so it is in every industry. There is always the good aspect and the negative aspect of everything but however, it is left for us to always utilize the positive aspect of everything for our own growth if we must succeed and make out  something from nothing.

All you listed are still what is being held, i don't think we have totally declaim those postulation because many still doubt the existence of Bitcoin, governments are still fighting against Bitcoin and in a few cases Bitcoin is still used for scam activities but in all cases it doesn't stop how every enthusiast sees Bitcoin. No matter how they dispute Bitcoin, it's not enough to quit, Bitcoin grows from acceptances and rejection faced with unthoughtful reasons why we should avoid Bitcoin but we can be consistent and continue believing to over grow those  doubtful courses.

Well, e get so many things wey people talk about bitcoin that time and me personally i been dey think say na another wey of scam wey people dey take cover up and that mentality come make me no enter the industry earlier so na as i see evidence of say no be scam something naim i come get the conviction to join but anyhow wey e be, we no go blame any body wey criticized bitcoin in the past because wen sometin just come newly to people you no go expect dem to just trust the thing like that but the most important thing now be say me and you don know about bitcoin now and we don see am say no be scam and say dos tins wey people bin dey talk just to devalue am no really be as dem talk am so the best tin wey we go fit do now na to make sure say we tell and teach any body wey develop interest to know about bitcoin the truth and not to give dem misleading information.

They called bitcoin a bubble and dem talk say the bubble no go waste time before e burst, many of those people and even institutions wey call am bubble don dey buy bitcoin today. That one na better example of how bitcoin don take grow, who go believe say time go come when institutional investors go dey rush to hodl bitcoin, even Donald Trump wey blast am before don dey act like say him like am because him wan win election. If you be bitcoiner, na better thing happen to you, no cap.

I know dey among early people wey believe in bitcoin because even the time wey I been first hear about bitcoin, I no still too believe about am and still get some reservations about am. FUD wey dey bitcoin no be small thing and na because of person lack of knowledge about the internet that time na him make person dey fear not to just accept something and then come get scammed later on. Bitcoin don prove many people wrong and those people wey come later see the potential wey bitcoin get, them don embrace am with both hands because no crypto go fit ever survive and get the kind thing wey bitcoin don achieve since from inception.


Bitcoin now and government still never settle themselves that much and some government still they trample on bitcoin despite all the thing wey bitcoin don achieve for the world today. I no think say any government fit ban bitcoin. Na for them to just dey control people wey go use and e no go ever fit pass like that. Bitcoin don pass the level wey we think say e no go pass, this one na wetin them go just dey use eye look but no fit change anything about am.

Thanks to the OP for summarizing all the wrong perceptions that people had about Bitcoin in the early days of it's creation, some people are still having these wrong perceptions up till now. The reality is that Bitcoin has practically proven that it is a decentralized digital cash that has come to stay and it is changing the naretive of financial transactions, it has also proven to be a store of value. As we are marveling at the price of Bitcoin when it was created that it was very cheap, I believe that those that have the funds and are not hodling it now will also look back to today and wish that they had invested in Bitcoin. I remember many people were being skeptical and thinking that Bitcoin was a Ponzi scheme in it's early days, we can't blame them because it has not proven that it is a valuable asset then but those that are still doubting Bitcoin today after all it's a compliment are missing a lot.

people still plenty when de wait for one kind altcoin when go better pass Bitcoin and when one of the altcoin begin do well them go face that one say na him be the legit one and all of a sudden that one go phase out and another one go come and and the matter go continue like that. This na part of the reasons when make e be like say e no make sense to de call Bitcoin one of the altcoin because e no get as Bitcoin take behave like any of them even though Bitcoin don exist for a long time like this.

The issue of saying na only thief de make use of Bitcoin still de lingering for so many countries but still, e don de clear well so that one na false narrative when some people just frame to use talk down on Bitcoin so government fit de fight am the more. Anybody when de interested in gaining full control of him wealth supposed de happy about the existence of Bitcoin because na wetin Bitcoin Come provide be that. Anybody when come into the Bitcoin space just to use am tiff money go still tiff money even if him no de exposed to Bitcoin. All the money when our politicians accross the world de stel, na because of Bitcoin dem de steal am? Person when be tiff na pure thief and no be because of Bitcoin him stealing nature go come out.

naso life be naturally. If you dey do something wey dey legit and government no get hands inside am. Them go paint am bad. Because for this part of the world na only thing wey government put hand inside be legit na while government they carry us play. Bitcoin Don rubbish all the currency in the world. The vision was divine aswear because weytin investors in the past be dey  suffer from bank shares and weytin them they gain from Bitcoin investment dey different. People they gain more interest from Bitcoin investment than the frustrated bank shares.

No coin can Bitcoin. The trust people have on bitcoin is the strength behind their success.  And no altcoin has sure trust. So for now Bitcoin still be baba but we no know tomorrow shall.

Me self I being follow people wey being think say e get one altcoin wey go come overtake Bitcoin but with my years in the industry, I done finally accept say na Bitcoin be baba and no altcoin go fit overthrown Bitcoin for market cap.

If na for usages sha, we get altcoins wey they do numbers pass Bitcoin like them stablecoin, Ethereum, Tron, BNB and recently TON done they get momentum but sha all go get their time to shine and die off. Bitcoin na Baba because of alot of things but one of them na the loyal community of believers/hodlers wey Bitcoin get.

Soon self this Bitcoin fees wahala go solve and that doubt too of people thinking Bitcoin can't get wide adoption because of Bitcoin fees and volatility, that one too go pass.

 All these tins you list nah true talk but e no need shock you as you sopoz know say pipo go talk how e dey dem for mouth and nah just mere assumptions.
I no go surprise say the pipo wey talk more against Bitcoin nah those ones wey no want am to gain grounds so that sand no go enter their garri in the sense that them no go fit get complete control over your financial activities.
 Them say no be everyone dey appreciate when beta tin come town  so you sopoz understand.

To add more to wetin you write above, many people in the early days of bitcoin say bitcoin no go survive because no be from government and anybody wey buy bitcoin dey waste him time and money. Currently, now some of those people wey dey spread the FUD about bitcoin, na them dey rush to buy am now because bitcoin don grow more than wetin people expects and give high profits than many investments wey don dey exist for long before bitcoin come out.

When Bitcoin been start e get some things people talk against Bitcoin and today bitcoin done prove all those talk wrong finish, I go list some of those talk and how Bitcoin prove all of them wrong finish.

1. Say one altcoin go come way go better pass Bitcoin.
Some people done really talk well well say one day one altcoin go come out and that altcoin go better and big pass Bitcoin but many years don pass and Bitcoin still be the best crypto coin for the world way they more secured, 100 percent decentralized and still the biggest in price the way things they, no coin fit big pass Bitcoin.

2. Say na only thief people they use Bitcoin.
When Bitcoin been start some people say na only thief they use Bitcoin for transactions so that person no fit Trace them, but we done dey see say even companies now they use Bitcoin and some of them they even pay there works with Bitcoin and even some super market self they accept Bitcoin, some countries self done they accept Bitcoin as a means of exchange.  

3. Say them go hack Bitcoin.
Some people done talk am well well say them go just hack Bitcoin one day, e get one day I been they argue with 3 of my friends them say people fit hack Bitcoin and them go hack am one day, people they always talk am but e no fit happen them fit hack exchanges, personal wallets but you see Bitcoin them no fit, they way them create Bitcoin there protocol and there decentralized nature them no fit hack am.

4. Say them go banned Bitcoin.
Some people been believe say them go ban Bitcoin and when them do am say Bitcoin go dey useless especially because at first government been no support Bitcoin even US government been no support am but now story done change some government done they accept am now and even they invest into Bitcoin.

5. Say Bitcoin no fit act the way real money they act.
Na true say many people way they use Bitcoin they use am for investment purpose than to use am do things way real money they do, but en no change the fact say Bitcoin fit still act the way real money they act, for example people now they use Bitcoin buy house, car, land and other things even for big brother ninja na Bitcoin them they use pay them as Kelly Ray win yesterday na watin them go use pay am en go summit en Bitcoin address for big brother to pay am, now self some countries done say there people fit use Bitcoin go market go buy things them done make am legal.