MMM goonz go come for SECOND head now!

What's there yeye business .. People are making money already trading the bitcoin ..

This SEC or warreva,don't want Nigerians to progress, why should they say Bitcoin is a scam when everybody around the globe uses it,smh

Whoever wrote this completely ignorant of cryptocurrency...I know say na the MMM dey go take do example.

Ok sir tell them make they hear

dhardline:
Same thing happened to liberty reserve some years back and a lot of people around the world lost money in it. Nigerians should be extra careful of this things.

This is different from liberty reserve, but the issue is it is a payment system and not an investment in itself. The guys pushing it to Nigerians are marketing it as an investment opportunity, whereas it is just a crypto version of your naira. What determines its value is its acceptability and monetary policy of those nations that accept it.

This news is missleading......It should be "beware of Ponzi schemes promising to double your Bitcoins".. trading BTC is 100% legal anywhere in the world.

If Nigerian SEC thinks Bitcoins is a scam........I wonder what kind of people are there.

today na wash night... MMM cross ova, without carryover....

Beware of Naira o. It is an extremely dangerous currency that can ruin someone. in less than 18 months. Devalued over 200%.. one of the worst performers in the world... Gush.. Don't hold Naira!.. I mean.. $2000 is now 1M... Damn!.. This was 320k just 1.5years ago...

The fact that Bitcoin operation is not backed by any government regulations anywhere in the world as always claim by its promoter could make the currency go either ways. Investors should be more careful. Though many people are making fortune from Bitcoin at moment, but my fear is that when it becomes all comers affair, hope the auto regulations being enjoyed by Bitcoin now will be able to stand the pressure?

then make things easier for us assholes

Lol

hobermener:
Bitcoin na mmm junior brother

Illiteracy is a disease.

What I understood was that the companies that endorse bitcions aren't regulated and hence it's risky.

When will Buhari launch his own coin?

Mugus full naija, it will soon rain and many will just go insane.

dhardline:
Same thing happened to liberty reserve some years back and a lot of people around the world lost money in it. Nigerians should be extra careful of this things.

E-gold too. All these HYIP has remodeled to Bitcoin investment programs but these new generation or internet users probably don't know about those things before.

Someone commented up there that government don't know new trend, I just laugh things like these have been before now.

There is no government in the whole world today that has adopted or approved Bitcoin as a trusted currency for its citizens at least from my last investigation about 4 months ago so if I'm wrong someone should correct me with proof not with insult please.

It's just a warning that you can ignore.

I will tell Satoshi Nakamoto

SEC, don't bother una sef, dem no go hear word

How about Nigercoin?

Anything wey sec no dey collect commission inside them no like am.. What have they done to people that lost Billions in d capital market?

SEC bitcoin no be MMM take note pls.

why are all these fraudulent schemes on the increase in the last two years? is it because of the bad economy, poverty or hunger?

psalmsjob:


E-gold too. All these HYIP has remodeled to Bitcoin investment programs but these new generation or internet users probably don't know about those things before.

Someone commented up there that government don't know new trend, I just laugh things like these have been before now.

There is no government in the whole world today that has adopted or approved Bitcoin as a trusted currency for its citizens at least from my last investigation about 4 months ago so if I'm wrong someone should correct me with proof not with insult please.

It's just a warning that you can ignore.

It is used in most countries in Asia and some stores in the US are already accepting it as a means of payment.

ademasta:
SECcoin nko? So bitcoin is also a scam to SEC? Mtcheew

You av developed a serious comprehension problem.

ranson:
The fact that Bitcoin operation is not backed by any government regulations anywhere in the world as always claim by its promoter could make the currency go either ways. Investors should be more careful. Though many people are making fortune from Bitcoin at moment, but my fear is that when it becomes all comers affair, hope the auto regulations being enjoyed by Bitcoin now will be able to stand the pressure?

Na you get sense pass....May God bless you.