Development takes time and this is what people don't like. They want instant development/ results which they then think will give them instant profits. When this doesn't happen and it makes them very angry and they do what they do best FUD.
The Bitstake team just need to keep doing what they have been doing the past couple of months and that's working hard.
I think when the Bistake exchange opens this is the games changer.
@ Bitstake, let's get this exchange up and running, get it online as soon as you feel it's ready and let's get Nigerian people using it, saving them money on fees. (This is the aim) Bitstake will then really begin to grow. It's all about the exchange for Nigerians to save money.
It's not at all clear why XBS (as a crypto) is even needed for this 'business'!!
I understand the idea behind XBS. If the platform only BTC would offer, the company depends on the Bitcoin. XBS is the home currency. Imagine if Bitcoin suddenly collapses then the company can still continue with her own home currency in this case XBS. In short, XBS is not to be dependent on other coins.