I don't suppose that your comment means that Bitcoin is probably Haram based on the argument you are putting forward but you do understand that, all the ills you mentioned about the possible use of Bitcoin are also true for Fiat money? except for being an imaginary entity. so do we say that Fiat money might also be haram? I think it is what you do with you Bitcoin that matters. 

One, China has always made some kind of ban comments on Bitcoin previously but that is not really going to put an end to Bitcoin and as we know, other countries are involved in Bitcoin mining too even if China was a majority in that part of Bitcoin.
Bitcoin has had several dips in the past due to many issues so this is not going to be any different from the previous market dips and will definitely come back up as usual.

What I believe is, If you have these numbers or whoever is coming up with these numbers if actually are true, should also be able to identify whoever is involved in these illegal Bitcoin transactions. How do you know if or which Bitcoin transactions are Illegal if you don't know who is transacting the transaction? I believe all these are always in a bid to portray Bitcoin Bad and besides, Not all Governments will Block Bitcoin cos we are even beginning to see Bitcoin adoption By Countries.

I don't think they are looking at it from the general market view but more of trying to prevent their people from being scammed but it is ok with regards to meme and NFTs but I too as someone already said don't think exchange coins should be in that group. We all know all of the meme coins and NFTs have been overhyped and I too believe that there is a lot of shitcoins trading in most exchanges today that are worth banning.

I believe that this will happen even though it will definitely take some more time. When satoshi developed Bitcoin even the first adopters never really thought it will get to this level. As we know, there are many things in the works to make Bitcoin a better version of what it is now and even though Bitcoin has been spent and accepted by some stores/businesses around the world, we will see an even bigger adoption in the future where more and more countries turn to Bitcoin as a Legal tender.

I believe that it is the notion that MOST Investors have coming into the cryptocurrency space that is really affecting the market, "The Get Rich Quick Syndrome" Most investors believe that they can get rich easily here and they tend to react to every single statement by anyone that is notable in society out of fear of not losing their investment. They never really have the belief in what they are investing in or sees crypto as an INVESTMENT but rather, what they could easily flip to make quick money. Until that mentality is changed, we will continue to see a huge market shift due to people's words.    

I agree with you on the social media angle that is why I personally don't participate on most Social media Bounty other than Signature and like you, I have been fortunate which some Bounties in recent times. It is all about being lucky mostly with these bounty projects as some have been really disappointing and I won't hesitate to always mention (STC StudentCoin) which turned out to be a real SCAM. As for Airdrops, I don't really do that at all.

I don't believe so. This same issue could be said for those that bought Bitcoin back in 2017/18 for $20k, the only thing is that if you have faith in what you are doing or what you invested in and HODL out the storm we are currently facing, then the story will be different in the future for those that invested now at $60k when we eventually reach $100k 

It is interesting to see that you brought up crypto related crime when it came to Nigeria and I am guessing El Salvador is a developed country?

The problem with Nigeria are the continuous Bad Government the country has had. Up till now there are still repatriating loot from previous past government whether it is at the National or state level and non of this loots were taken through cryptocurrencies.

It is the same way you believe that Nigerian government think's Bitcoin will devalue it's national currency that's the same effect Bitcoin will have on the El Salvador currency even though you think they use the same US dollar but this has not helped them in anyway and all the devaluation the the Nigerian Naira has had is not from nothing related to cryptocurrencies.
The thing to understand here is, if the government of a country is willing to take care of their nation like what the El Salvador President as done now, they could be seeing good change to their economy and I hope it works out well for El Salvador.

True, this is a good move by the El Salvador President and will charge a new part for Bitcoin mining but the thing is, why hasn't this been thought about by all of the Bitcoin mining countries?
It is the necessity they say is the mother of all invention and has that pushed El Salvador this way because they saw no other way to their economic financial problems. We know there are a lot of different renewable energy sources that could be use for this purpose and I am personally glad that we will start to look at this option now.

I agree with all you point especially number 3. I use to think to myself, why don't those rich guys that have the edge to buy up many Bitcoins when in a bear market and make even bigger profits in Bull usually don't do that? This point makes it more clear to me. Of cause , those that are still struggling and looking for an opportunity to make financial gains will definitely see Bitcoin as the best form of investment but the already rich wouldn't see this.

It was just a matter of time and they now understand that staying out of cryptocurrency is not the best option for them too in terms of Business. Whilst many other platforms may have been generating profits from allowing crypto ads, Google has finally realized that and going back on its stands. This is what happens when people/institutions don't think things through before taking action because some didn't accept it before.
It is a good move in the right direction for both.  

  Of cause, that's why they are called shitcoins. They never have any clear purpose to development or what they represent just in a bid to make money out of the investors that will want to invest and hoping that they make money from it someday if the projects get luckily hyped and pumped which some have actually made some profits from and many have got recked from.

I don't really understand why some of us will take HODL as a do-or-die thing. To me, Cryptocurrency is an Investment for me so that I will be able to have or make some profits to resolve some issue that might arise along the way or I can HODL till when it is really convenient as in, when the market is going in to bear, I would sell to stable coins.
As I said, I don't understand why I can't or won't sell what I have to settle my affairs, I personally am in this position right now and have sold some of the Alts to solve some problem, what happens if I HODL and of the Life-threatening situation, what next?

You know how it is, "No Guts No Glory” Some Humans are like that always playing the regret card in their life even when the option to their problem is placed in front of them. Too many doubt about things.
With everything that has been proven about Bitcoin, some will still not want to believe or invest and we can't change that. Some people are not meant to be rich through same process while some are not meant to be rich at all. 🤷

Even if this could be true, I believe just like every one in cryptocurrency space, some.of our assets are also held in stable coins which I would believe that most of this businesses will look into. Everyone understands the volatility in Bitcoin price and yet we have all this big corporation's in institutions that have invested heavily in Bitcoin. And we have also had about other businesses that have been accepting Bitcoin for payments long before now, I know about 10 of such businesses in my country.

The El Salvadors move is a big step for Bitcoin and I believe they will catch up with the workings.

True and it could very well be that where the password was stored have been located by the owner and now s/he can re-access their wallets again. I have read in this Forum where some people will say that that have never moved their bitcoin since they bought them, all this can also lead to miscalculation of what you intend to know. So it might not be that because it is up to 6 or more years that some Bitcoin wallet have been idle means that those Bitcoin have been lost.

You are right in that case but regardless of that, some of us like me still do not like to get involved in Airdrops. I would rather focus more on Bounties which I believe whatever earnings that come with it are worth the time that I have put in even though Bounty campaigns too, have their own shortfalls.   

I agree with you. I believe that even the best Altcoin projects can not really slow down or affect Bitcoin in any negative way talk less of all the other ALTs that we know as OP mentioned don't really bring much if anything at all to the space other than enriching the Devs and collapsing in a crypto currency cycle.
On the other hand, I don't suppose exchanges can do much since if the projects Mets their requirements, they get listed and will continue to list invaluable ALTs as long as they are marking their own profits from that too. Remember that this is a business space.