The fall of shitcoin/altcoin, the rise of bitcoin

[Pi-network314159]

I greet ona o. I just dey reason how many coin don surface for air after bitcoin. So many of them don fall finish. If you go coingecho or any crypto website, you go see say na everyday coin dey enter market and naso them get short life spam. People wey never know wetting the happen go dey buy am dey Happy say there future don bright not knowing say na junk then they buy. Tera Luna and FTT coin show people shegge and other ones wey I no no. Now people come dey realise say na bitcoin be the Koko. So I come they think wether na these things wey happen to people naim increase bitcoin adoption pass the way e been dey before or bitcoin for just grow without these things wey I talk.

Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption

[1715411974]

1715411974

[1715411974]

1715411974

[1715411974]

1715411974

[Gozie51]

Wetin dey increase bitcoin adoption na the trust wey people don get on it as them don hodl bitcoin from beginning till now making like 13/14 years thereabout wey dem launch am. So people don hodl am after e drop e go still rise and keep increasing beating previous ATH

That confirm bitcoin as store of value, decentralized and deflationary, not affected by inflation.

[Makus]

Op this na very nice observation, e no get how any altcoin wan look good reach me and dem no get any thing to do, because plenty people never still recover for wattin altcoin do dem, na so some coins go come out you go thing say that one get better future because of the way people dey rush am but las las if the coin no crash naim be say the price go dey very low for a very long period of time, and as the people wey invest for all this kind of coins dey see the way bitcoin dey up dem go just dey regret why dem no invest for bitcoin since, las las na Bitcoin dem go come still sell their altcoin come buy. So yes I also believe say many altcoin investors dey sell their coin to buy bitcoin, and apart from the one I also believe say good news no dey dit hide forever e must burst make people for hear am, so people don dey see the important of bitcoin for their life com dey invest for am, so even though say altcoin investors no leave their sell their coins invest for for bitcoin the adoption for bitcoin for still dey increase, because no body go like go buy fake thing when em fit still buy the original with same amount but na just the quantity naim go change.

[Odohu]

I greet ona o. I just dey reason how many coin don surface for air after bitcoin. So many of them don fall finish. If you go coingecho or any crypto website, you go see say na everyday coin dey enter market and naso them get short life spam. People wey never know wetting the happen go dey buy am dey Happy say there future don bright not knowing say na junk then they buy. Tera Luna and FTT coin show people shegge and other ones wey I no no. Now people come dey realise say na bitcoin be the Koko. So I come they think wether na these things wey happen to people naim increase bitcoin adoption pass the way e been dey before or bitcoin for just grow without these things wey I talk.

Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption

I been make one post like that for the Bitcoin Discussion board where I said that it is Bitcoin and nothing else. Omo my experience with shitcoins no be wetin I go wish my enemy self.
Na the hard way I take learn say Bitcoin na peace of mind. I been dey think say person fit make plenty money from some kind coins them but before you see those coins, you fit done lose wetin no good.

Anybody wey dey start this journey should focus on Bitcoin first because those plenty other coins them na trap. Them dey suck your money blow you breeze like one bad rat like that.

[Stable090]

I greet ona o. I just dey reason how many coin don surface for air after bitcoin. So many of them don fall finish. If you go coingecho or any crypto website, you go see say na everyday coin dey enter market and naso them get short life spam.

Na because dem no get any use case now, plenty of does alt coins no get any use, plenty of them wey dem dey create recently na scammers dey use them, they go just create am, make sure say he get small hype, and dem go dump am on top people wey invest in am. If anybody wan invest in altcoin now make we dey very careful ooo, make sure say the altcoin wey u dey invest in no be new one, make sure say e don spend years in crypto space before and e don experience both bull run and bear market before and e survive am. No just carry urself go invest in project wey never enter market, and make sure say the altcoin wey u go dey buy na d once wey dey better  exchange.

[Sim_card]

Bitcoin had proven to the world that it has come to stay due the potentials that it has displayed since it was created. So many people are adopting bitcoin because of its decentralized nature, use as a store of value, hedge against inflation. It one thing that is making people adopting bitcoin currently is because they see it as an asset that they can invest in to make profit from it. Altcoins are shitcoins and were created to fraud people of their hard earned money by the hype. So many people have come to understand and see the unique nature of bitcoin and the benefits attached to it that is why most people prefer bitcoin to altcoin. The only people that will know about bitcoin and leave it for altcoins are greedy people who think that they can make 100x profit from altcoins. But at the end they were disappointed on their decisions. Say no to altcoins and embrace the original, which is bitcoin.

[Antotena]

I greet ona o. I just dey reason how many coin don surface for air after bitcoin. So many of them don fall finish. If you go coingecho or any crypto website, you go see say na everyday coin dey enter market and naso them get short life spam. People wey never know wetting the happen go dey buy am dey Happy say there future don bright not knowing say na junk then they buy. Tera Luna and FTT coin show people shegge and other ones wey I no no. Now people come dey realise say na bitcoin be the Koko. So I come they think wether na these things wey happen to people naim increase bitcoin adoption pass the way e been dey before or bitcoin for just grow without these things wey I talk.

Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption

Anytime Bitcoin makes a move, it will continue in that pattern until it hit a resistance and it couldn't break it, it will stay in that zone for some days before making another move upward or downward. So, in the process of that price distribution, that's when altcoins pick raise. You can see that altcoins were not pumping a lot when bitcoin was moving, so what traders do is that they remove money from bitcoin and start to buy altcoins and that's how you see the coins shooting up especially the ones you mentioned above.

You can see that Blackrock and Ethereum ETF are waiting to be approve from Security exchange commission but nobody knows about the status and many people are speculating that it will eventually be accepted but till now, we have not heard anything. All this are just to bring new hope of people to believe in bitcoin. If you believe bitcoin is the best, but small and if you have some money to spare, try some altcoins like the ones that have never done all time high.

[Samlucky O]

Although this thing wey you talk fit be the reason for Bitcoin adoption too. But wetting me I see say naim dey drive people to bitcoin adoption na the longevity bitcoin get and also na decentralized coin and the blockchain dey very solid.

No body go gree go put in money for something wey no get solid foundation. Bitcoin don stand firm for the market for so long and e don proof to people beyond reasonable doubt say na best coin to invest on. So I think say na these thing naim make people adoption bitcoin wella no body wan put him money for wetting no go profit am.

[Richbased]

Although this thing wey you talk fit be the reason for Bitcoin adoption too. But wetting me I see say naim dey drive people to bitcoin adoption na the longevity bitcoin get and also na decentralized coin and the blockchain dey very solid.

I know doubt you say bitcoin get longevity but that doesn't mean say person no go invest with caution because all these cryptos then never too tay when them enter market so even though say many people don dey invest well well for bitcoin no mean say na all the time wey person go dey gain for bitcoin o, all these coins them just dey like person wey they play gamble because your chances of losing and gaining almost they 50/50. The most thing wey make me like bitcoin more na this direct transaction wey be p2p as person no need third party to dey included before the transaction go work because the kind fraud wey dey for the finance system now require make person dey perform transactions directly with the person wey you wan do transactions with to avoid story wey go touch the heart.

No body go gree go put in money for something wey no get solid foundation. Bitcoin don stand firm for the market for so long and e don proof to people beyond reasonable doubt say na best coin to invest on. So I think say na these thing naim make people adoption bitcoin wella no body wan put him money for wetting no go profit am.

As all of us don see am say na this bitcoin go help us for all these money issues we wey they get and say it fit stand as our future generation currency make e continue to dey dey volatile so that many people go still dey get the mind to they invest for bitcoin then from like that the adoption go come dey massive.

[Samlucky O]

Although this thing wey you talk fit be the reason for Bitcoin adoption too. But wetting me I see say naim dey drive people to bitcoin adoption na the longevity bitcoin get and also na decentralized coin and the blockchain dey very solid.

I know doubt you say bitcoin get longevity but that doesn't mean say person no go invest with caution because all these cryptos then never too tay when them enter market so even though say many people don dey invest well well for bitcoin no mean say na all the time wey person go dey gain for bitcoin o, all these coins them just dey like person wey they play gamble because your of losing and gaining almost they 50/50. The most thing wey make me like bitcoin more na this direct transaction wey be p2p as person no need third party to dey included before the transaction go work because the kind fraud wey dey for the finance system now require make person dey perform transactions directly with the person wey you wan do transactions with to avoid story wey go touch the heart.

I no understand this your part because wetting I dey talk no Even go that side self. But never the less Sha, who dey invest for bitcoin they expect to dey gain no no wetting e dey do. Like as we don't come across many conversations for this forum i think bitcoin investment no be for short time investment or for inpatient people, if you must gain in bitcoin, just put your money comot your mind for there. Just carry am for mind say this money na my life savings of about 10 to 15 years. Definitely you must surely make profit after 2 halving. Except it's a life saving something naim go make you sell am.

No body go gree go put in money for something wey no get solid foundation. Bitcoin don stand firm for the market for so long and e don proof to people beyond reasonable doubt say na best coin to invest on. So I think say na these thing naim make people adoption bitcoin wella no body wan put him money for wetting no go profit am.

As all of us don see am say na this bitcoin go help us for all these money issues we wey they get and say it fit stand as our future generation currency make e continue to dey dey volatile so that many people go still dey get the mind to they invest for bitcoin then from like that the adoption go come dey massive.

The future you dey talk no too dey far as you dey talk am. The future you dey hear naim be this our generation. Person wey Dem born 2008-2009 no be small pikin and those age don dey use bitcoin.

Wether some people like am or not bitcoin has come to stay bitcoin volatility is just a term use to describe the growth maybe uptrend and downtrend. But no mean say naim be the reason for massive adoption rather the market dominance of about %50-60. And market capitalization of about$1.2trillion. so na this factor dey drive the adoption. Emagine out of thousands of altcoins/shitcoin all over there world bitcoin hold %50 dominance while the rest shear%50 how the adoption no go dey massive?

[Justbillywitt]

My brother bitcoin na king it has been tested and trusted and people come see say na original something be this. And the adoption will keep increasing every year. Sometimes watin dey make some people invest in some shitcoins is that they see bitcoin say the price don too dey high for them to invest their $10, $20, $50, or $100. Them dey reason am say if them put that kind money for Bitcoin say them no go make better money from the investment even if bitcoin beat it’s previous ATH. But they come dey imagine say if they had invested in some shitcoins wey come do 100x with that their small capital say them go make am sharp sharp. That’s why you go see people dey invest in some alt coins without doing proper research about that particular alt coin first. Some benefited while majority loss their investments. Investing in some alt coins that has good potentials like ethereum and bnb and others will real life use cases is not bad. But my own is before you invest DYOR. So those that has lost their money over time in shitcoins have now realized that it’s better to have your $10 or $20 where it is safe in bitcoin than losing it in some shitcoins.

[Dr.Bitcoin_Strange]

Bitcoin adoption increases because it is one of the oldest and first cryptocurrency that is very successful and also upon which other cryptocurrency is able to live. It's the lifeline of cryptocurrency, and so many people know that if there is no Bitcoin today, it will be very difficult for cryptocurrency to do well again. While I was investing in altcoins, I lost my money many times because of failed projects, and that was the reason why I just decided to only be focused on accumulating bitcoin, and I believe this is also a reason why Bitcoin adoption is dominating. Investors know that Bitcoin does not have a pump and dump mechanism like altcoins, which makes them feel more safe.

[CryptopreneurBrainboss]

Now people come dey realise say na bitcoin be the Koko. So I come they think wether na these things wey happen to people naim increase bitcoin adoption pass the way e been dey before or bitcoin for just grow without these things wey I talk.

Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption

People never still realize like dat because if dem been dun realized altcoins no for dey get any patronage but if you look the altcoins market, investment still dey flow scatter into the projects them. If you look Binance exchange or other exchanges, even inside this bear market wey things still dey crash, you go see say altcoins still dey market profits for some traders or investors. Altcoin Investment na part of the market so we no go fit commot am. As new investor dey enter the market dem go dey think say altcoins better pass Bitcoin as e go fit give them more profits so we go dey see investment inside them steady. Also wait first make bull market reach na when you go see say people never learn their mistakes as na so so altcoins you go dey see everywhere, even the shitcoins dem go return back and people go dey invest.

As for wetin dey increase Bitcoin adopting, na the popularity of the coin, as people dey hear about am, dem dey do research come dey see say the coin get better track record so dem they embrace am. Also the big companies wey dey accept Bitcoin as Paul they also increase the adoption. Former investors wey dun see shege for the altcoins (as dem go fit make you lose every money wey you Invest if you no use your head well) dey also increase the adoption in Bitcoin. The bad economy of the world dey also increase interest in Bitcoin as people dey find wetin dem go fit Invest inside and secure their wealth whereby increasing it too and Bitcoin tick all the box for that area.

[Forever101]

I greet ona o. I just dey reason how many coin don surface for air after bitcoin. So many of them don fall finish. If you go coingecho or any crypto website, you go see say na everyday coin dey enter market and naso them get short life spam. People wey never know wetting the happen go dey buy am dey Happy say there future don bright not knowing say na junk then they buy. Tera Luna and FTT coin show people shegge and other ones wey I no no. Now people come dey realise say na bitcoin be the Koko. So I come they think wether na these things wey happen to people naim increase bitcoin adoption pass the way e been dey before or bitcoin for just grow without these things wey I talk.

Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption

My brother bitcoins na the only Decentralized coins in the crypto space, every other coins(altcoins) is not Decentralized because they are subject to manipulation by the owner of the coin. For instance, I can set up a token on a network, and when I have more people buying the token, I can choose to reduce liquidity gradually to zero as I fill my bank account with the money realise, so you can see that, those token are not actually Decentralized. They are only run on a Decentralized network but not Decentralized.  A token creator can withdraw liquidity from an exchange then leaving the token useless and meaningless

[Mayor of ogba]

Op, some people no go want to leave altcoin o, even though you tell them, they will lose their money in altcoin investment they will still go ahead to invest in altcoin because they think say with a small-dollar investment on altcoin say person can make a big profit. But I thankGod for this kind of bear market wey lasts for a long, e done opened so many people's eyes because most altcoins done die for this bear season and they no fit to recover their price again. Na only person wey no dey do in own research for crypto na in go like invest for altcoin because in no know anything concerning Bitcoin, and in go invest any token wey people tell am to invest on.

Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption

One of the things that has increased Bitcoin adoption is many people be think say Bitcoin is a fraud, but when they done see say Bitcoin done stay for years and people who do hodl Bitcoin for investment their lives have changed, and they get no other option but to adopt am. Secondly, people know say if they save their money for Bitcoin nobody will know they get this kind of money unless they tell you, and with Bitcoin, nobody will have access to freeze your money be it in the real world or the crypto world because Bitcoin gives you the full control of your money and no third-party can decide how you will use your Bitcoin. Na all these things dey increase Bitcoin adoption for the world. 

[Richbased]

I no understand this your part because wetting I dey talk no Even go that side self. But never the less Sha, who dey invest for bitcoin they expect to dey gain no no wetting e dey do. Like as we don't come across many conversations for this forum i think bitcoin investment no be for short time investment or for inpatient people, if you must gain in bitcoin, just put your money comot your mind for there. Just carry am for mind say this money na my life savings of about 10 to 15 years. Definitely you must surely make profit after 2 halving. Except it's a life saving something naim go make you sell am.

All of us that's investing and trading bitcoin are expecting some profits no doubt but what am trying to bring to your understanding is that due to the uncertainty of this coins because of the fluctuations in the market, sometimes the market can turn around and one loses his bitcoins so such things do occur that's why I said we shouldn't think that we will make profits all the time while investing in bitcoin but that shouldn't make us not to invest, we are hopeful that the future will be good regardless of any circumstances that might surround our investment.

[Jegileman]

I greet ona o. I just dey reason how many coin don surface for air after bitcoin. So many of them don fall finish. If you go coingecho or any crypto website, you go see say na everyday coin dey enter market and naso them get short life spam. People wey never know wetting the happen go dey buy am dey Happy say there future don bright not knowing say na junk then they buy. Tera Luna and FTT coin show people shegge and other ones wey I no no. Now people come dey realise say na bitcoin be the Koko. So I come they think wether na these things wey happen to people naim increase bitcoin adoption pass the way e been dey before or bitcoin for just grow without these things wey I talk.

Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption

Bitcoin wey dey increase na natural something and no be the action of any other coin dey make am move the way we see am so. Bitcoin has many factors for its widespread adoption so far but none of them dey related to any altcoin or shitcoins. I have only heard how bitcoin have helped in promoting other cryptocurrencies, like helping them to increase their current price in face of the market. Most of the cryptocurrencies wey reach their All Time High na because of bitcoin price action. So I no see anything wey this altcoin or shitcoins go help bitcoin do or achieve from.

[DaNNy001]

I greet ona o. I just dey reason how many coin don surface for air after bitcoin. So many of them don fall finish. If you go coingecho or any crypto website, you go see say na everyday coin dey enter market and naso them get short life spam. People wey never know wetting the happen go dey buy am dey Happy say there future don bright not knowing say na junk then they buy. Tera Luna and FTT coin show people shegge and other ones wey I no no. Now people come dey realise say na bitcoin be the Koko. So I come they think wether na these things wey happen to people naim increase bitcoin adoption pass the way e been dey before or bitcoin for just grow without these things wey I talk.

Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption

Bitcoin is now at the top thanks to the unique nature and the trust that many people out embedded on it after the first main surge and that has been the success key plus the fact that it's decentralized and not own by anyone make it alot harder to be influenced by the pumper and dumper of crypto. Many of these so called altcoins are actually owned by some big name in the business world and whenever they feel like they can easily dump or pump the coins for their own advantage just like the way Elon musk does to some of his own altcoins.

Another thing is the believe people have come to put on Bitcoin as its can withstand the bear market and the potential that most big firms in the world today see it as a means to generate profits or income massively without stress.

[Prosofina_G]

I greet ona o. I just dey reason how many coin don surface for air after bitcoin. So many of them don fall finish. If you go coingecho or any crypto website, you go see say na everyday coin dey enter market and naso them get short life spam. People wey never know wetting the happen go dey buy am dey Happy say there future don bright not knowing say na junk then they buy. Tera Luna and FTT coin show people shegge and other ones wey I no no. Now people come dey realise say na bitcoin be the Koko. So I come they think wether na these things wey happen to people naim increase bitcoin adoption pass the way e been dey before or bitcoin for just grow without these things wey I talk.

Abeg make ona shear ona idea on wetting ona think dey increase bitcoin adoption

Shitcoin na decentralized finance way no get regards or value in the program system so any person way go buy am waiting you expect na so ona two go fall yakata.

As for Bitcoin, bitcoin na baba in don dey for the system no be today, in fact na bitcoin be the father of all the coin even investors they invest na say tomorrow no day and na so e dey rise day by day, so na bitcoin hold the market.
This na my own little idea way I learn about bitcoin.

[Mate2237]

Me I never any other coins fall oh except Tera Luna and FTT was a token for FTX which was like BNB token. So has FTX collapsed FTT also collapsed because they were one and unseparatable. Apart from these two I have not heard any other one. And by the way FTX was not a coin or a cryptocurrency but it was a Centralized Exchange which supported the FTT. And if any of you want to invest in any altcoins, you have to look well to know if it is a centralized or decentralized. Invest only in a decentralized cryptocurrency blockchain and not the opposite.

Bitcioin adoption dey increase because of it value and no be because of what happened to Luna Terra if na weti happened to Luna Terra nai make people dey adopt bitcoin dem for no adopt am oh because everyone been dey fear.