Bitcoin is a safe haven asset for long-term purpose but on the other way round which is safeguarding funds for short-term use then the person doing such is a joker, those who safe money in Bitcoin for more than one circle wouldn't agree to your statement cause they watched their funds increase within that period to something better so there's no doubt that bitcoin is a safe haven asset for those with a long term mindset.
 In the history of mankind war is something that's inevitable it's been there from the onset and it's one of those man made phenomenon that affects the economy and also affect the market as well, anyways depends on the region where there's war and the importance of those involved, to the economy around the globe. ie, wars in Africa barely affects the market.

 To panic na normals for cryptospace na something wey be say you no fit control based on wetin oyibo dey call "fear of the unknown" and eh dey among jayjaycee's, ignorance na one very bad thing wey fit make person loose guard cause on a normal them no suppose panic during the dip but then them no know, eh even get some wey fit know but they never fully understand say the dip get em own advantage wey be say eh dey give investors chance to buy more.
 Why this panic go always dey na because say jayjaycee's dem go always dey exist, you no fit tell me say na everybody go get knowledge and understanding about something but when some jayjaycee's done come understand the whole concept you go see say dem no go see any reason to panic again come leave am for future jayjaycee's to carry the panic matters for headpan.

I laughed out loud when I saw this thread, I don't know why you're pissed caused left for me I see your post as a pot calling a kettle black, you're not different from them cause the very first week you were granted the opportunity of a merit source, pride took over you and you went on to say trash about your very own people, feeling like the best poster in this board when your not, take a chill pill bro you acted like a Nigeria politician I know "Nyesom Wike" and you need to work on your pride please.
 Calling someone who's a Hero Member a trash posters is so suprising, how would the person had got to that point lately when merits is scarce, mostly in our LB if he's a thrash poster or did he steal the merits from you? Think about it, their are two things i noticed you're good at, backlashing Nigerians and creating unnecessary topics here, I stated earlier that you're not better than others so my advice is that you change your ways too and learn from the very best (CryptopreneurBrainboss) then you'll win the heart of many Nigerian's here, just a friendly advice I hope it sinks deep.

From the story, it's very obvious that the fathers very ignorant about Cryptocurrency or modern tech else as a father he should've been able to monitor what his son was doing and how he makes money online, imagine if bybit didn't restrict his account which required his father to seek your attention, he would've still been deceived till this point, ignorance is really a disease.
 You're right, haters would always look for a way to criticism the use of Bitcoin or make it seem like it's mostly use and creation was to support fraudulent activities but that's not true, the criminal is an adult and should be held accountable for his crime and not Bitcoin.

To the honest most people go into bitcoin cause of the profit the stand to gain if they hold it for a longer period, I've tried introducing bitcoin to several dudes and the reply I get mostly I what would I profit if I invest my money into it, they all want to profit and if you try to explain you'll see that their major attention is on the profit side.
 This makes me believe your statement and I feel that if bitcoin was like a stable coin I don't think much people would've even want to go into it.

It would be very risky showing anyone your portfolio, I don't know about other societies but where I come from, things are getting tough due to the poor economy and people could take drastic measures to survive, even though it means stealing from others so no one is to be trusted talk more of showing anyone the amount of coins you have in your portfolio.
 The best I can do is educate people about bitcoin, advice them about it's benefits and how they can secure financial stability through it in the future if they can start buying and hoarding it now instead of revealing my portfolio to them.

I'm really suprised that a Bitcoiner, not just a Bitcoiner but a hero member is saying this,  for your information mate Bitcoin has an account on X that's verified and it's been existing since 2011, anyways there's no point for an argument, we learn everyday, here's the link you asked for.
https://x.com/Bitcoin/status/1917737548148855153?t=-hyl47hHLRxGcOpIagjD1A&s=19

You're the one who assumed, I never said that, why would I even think or believe that Memecoin or others shitcoins are better than bitcoin, try to understand a point before giving your opinion, the fact that you're a high ranking member doesn't mean you're way smarter than others when it comes to knowledge about Bitcoin.
 Moreovet, that photo was posted by Bitcoin's official handle on X, I see you sent me a link but I don't think you're ready to teach regardless of being a high ranking member cause you find it difficult to understand simple statements.

I really don't understand how you guys see it but 15 years is a very long period, that's about three circles with about one year left to make it four complete circles not everyone can wait for that period, lots of People sold a good percentage of their bitcoin before the price even got to 50k.
 Moreover Bitcoin didn't just pump from 0- $108k ATH it took a gradual process before it got their unlike most other pump and dumps like the Trump coin that pumped then dumped and it finding it difficult to recover again.

 Just like snail in the photo, the process of Bitcoin's growth might be slow but it's very steady regardless of how volatile it is, Bitcoin is not like other ones that would pump so high then suddenly lose track and dump so badly then cause people who take the risk to invest in it to regret, those who invest in Bitcoin and hold it for very long and allow it to grow slow and steadily have never regretted doing that, the only complains I've seen concerning Bitcoin are that of critics who think investing in it is a waste of time but it's given many of them the benefits of doubt over the years and I believe it would keep doing better.
 So if you're thinking of going into Bitcoin with the thought of making quick cash then you must be joking cause you'll end up getting disappointed, the best you can do is buy and hold for the future then watch is grow gradually for years, it's a very good investment opportunity with a slow but steady process.
 

Not everyone would be scam victims no doubt but then anyone can be a victim that's why everyone needs to be very careful so they won't fall in the list of those who fall victim to scammers, these scammers don't use one particular method on their victims, just like your mobile app requires updates that's how this scammers update their method and techniques of deceiving their victims.
 And they feed on people's greed, ignorance and sometimes carelessness like little errors people make on the Internet, to succeed that's why everyone should be extremely careful while dealing with things on the Internet.

 I do not support genocide and I sympathise with the people of Palestine, therefore am wearing the signature, I couldn't find the one for Member rank but I wore the Full Member signature, don't know if it's permitted, thank you so much @God of Thunder.

Yes, one can stay updated with channels through which scammers infiltrate crypto and scam people, but more often than none, these scammers have access to various app used for crypto. So, some are scammed not necessarily due to lack of knowledge but because most app used for crypto is not properly secured.

[/quote]
 I want you to understand that humans are not perfect, we make errors and sometimes scammers feed on our errors, what I expect from you is advising people to be extremely careful cause the slightest error can make anyone be a victim of scammers regardless of how well you learn their methods and techniques.
 some people who got scammed couldn't even believe it could happen to them not until it happened just pray you or no one close to you falls victim cause most of these scammers are highly trained hackers that are experts in that field and they'll patiently wait for you to make one mistake then use that opportunity to get access to your informations.

That's his reason for creating this topic, so newbies would be careful not to make same mistake, this topic has showed that experience in the crypto space isn't enough and one has to be extremely careful when dealing with stuffs like token swap, P2P and even trading on wallets and exchanges cause the slightest error could make you lose huge funds just like he did.
 I feel so sorry for him too cause $6k is a huge money to lose out of mistake and I believe that lots of people who's come across this post have taken note of that error, cause I personally did immediately I read it, like he said, cross-check multiple times to ensure you're doing the right thing.
 I admire his generosity, despite losing such huge amount of funds he still had time to pass a massage and warn people concerning his mistake so they'll learn from it, well I heard that some people were able to recover their funds in situations as his and I hope he does too.

I almost countered your statement not until I went further to read that their are some people who needs motivation to keep going, it's good you acknowledged that cause everyone can't be same, the fact that  particular holder is very diligent when it comes to his goals concerning holding Bitcoin for a longer period doesn't mean the next person would be same.
 Some people are very willing to keep going but along the line may get discouraged or tempted by to sell, such people would need encouragement to keep going and that's one role this forum plays perfectly, it doesn't only teach people concerning Bitcoin but also helps them understand why they should keep holding for longer period, and like you said being active is the best way every holder can encourage themselves cause you'll definitely come across threads and discussion talking about it.

You're correct concerning the other links I might not have cross-checked the accurate links giving a clear insight of country's accumulating bitcoin but check this out.
https://www.benzinga.com/markets/cryptocurrency/25/01/43391374/anthony-pompliano-countries-secretly-accumulating-bitcoin-2025-could-be-fun
https://www.benzinga.com/markets/cryptocurrency/24/10/41616564/bitcoin-correction-incoming-bhutan-moves-btc-worth-60m-to-binance


Bitcoin is currently cheaper like I said earlier and could go higher in the future so why can't they buy now instead of waiting for the future when it goes higher, or when the world Bank they borrow money from advices them to do so in future?
 By right they're capable of doing it regardless of whether they foolishly borrow money for their selfish interests or  how bad they've made the economy become, they waste public funds on unnecessary stuffs like renovation of the VP quarters and buying Jets for the president and more which runs into billions of Naira so why do you think they can't? Just that this government have misplaced priorities when it comes to building an economy and they're bent on borrowing and taxation still for their personal interest.

Bitcoin done suffer for most of these Shitcoin their hand anyone wey come go dey give community hope abi their community go dey hype am say eh go beta pass bitcoin cause of their personal interest, so be small see finish and I thank God say Pi do all those GCV people, " taa shut up" after eh launch.
 Even Pi creators self dey respect Bitcoin wey be the head of all Cryptocurrencies I no know why those hype men wey call themselves Pi GCV pioneers go dey talk nonsense dey deceive people for media say eh go high pass Bitcoin for future, in the next decade eh no go even smell Bitcoin back.

What are you even saying, I know that the Bitcoin reserve idea is still at it's early stage, but this is the best time for countries with lesser economies to buy Bitcoin now that it's still way cheaper, El Salvador has already made that move and it would be an advantage to them when other countries with greater economy jump in fully with bigger amount of money.
 By then it would make the coin go higher and countries with lesser economy would regret not buying now cause the competition would become so tough in the near future, El Salvador's president was wise enough to know that, no wonder the enter the market earlier regardless of how bad his economy was when they started buying Bitcoin.
 Most of you here are not very good researchers, who told you that some countries are not secretly buying bitcoin and accumulating aggressively.

https://www.benzinga.com/markets/cryptocurrency/25/01/43336076/el-salvador-changes-bitcoin-law-but-legal-tender-status-remains#:~:text=El%20Salvador%20became%20the%20first,trailblazer%20in%20digital%20currency%20adoption.
https://www.benzinga.com/markets/cryptocurrency/24/12/42387366/bitcoin-sellers-delight-bhutan-transfers-40m-in-btc-to-qcp-capital
https://www.benzinga.com/24/12/42677932/russian-firms-adopt-bitcoin-for-global-trade-in-response-to-western-sanctions-should-be-expanded-and-developed-further
https://www.benzinga.com/markets/cryptocurrency/25/01/43270841/how-donald-trump-could-make-the-strategic-bitcoin-reserve-a-reality

Somethings wey una done talk no be lie, for the industry scam coins dey too but no be every project be scam and also make una try dey read the white paper of any new project wey come on-board so una go understand am well so you no go call all of them scam including the ones wey come with em own opportunity.
 From wetin I know Pi never show any scam features nor defraud anybody for em community, they ask for personal details during KYC so one person no go get multiple accounts and according to the white paper, mining go still dey on for like 6 months after them launch so maybe na by them dey go burn some tokens, according to the white paper. The only mistake wey some Pi community members do na to hype the coin say eh go high pass Bitcoin for future, come launch at  $314,159 wey dem claim say na GCV price (Global Consensus Value).

 The government of Nigeria have taken a bold step to make Cryptocurrency legal and Crypto enthusiasts free to trade and invest on cryptocurrency but that's not enough, across the globe many top countries are owning a Bitcoin reserve, as a hedge against inflation in the future and to back up their fiat currency but then many African countries are yet to do that including Nigeria that's one of the big economy in Africa, I think big economys in Africa should be pioneers to owning the reserve so others would adopt to it else it would affect them in future.
 Why? Cause since the first world countries are aggressively accumulating it currently and holding for the future, Bitcoin would get higher cause it has the potential and by then third world countries who didn't buy now would buy it costlier in future, we never can tell what figures the ATH would be like in 3 to 4 years time and if Nigeria haven't own it by then, they'll be buying it costlier than it is now, therefore now is the best time to buy since it's more cheaper, anyways I don't know if they're secretly buying like most countries are doing, correct me if am wrong.