The possibilities of bearish in the cryptocurrency world

Yea it all started by bitcoin falling to $6k but before then report has it that bitcoin is used to fraud people in Africa, many people have raise up claiming to be a company in partnership with bitcoin and also have promising offer to give if they invest with them and promise to double your investment on their platform before the end of particular term , which will actually work out the first time with the first set of people that register with them
But later on they will start to raise a problem, that their site is having problems and so this will continue until they are finally gone, many of this site deceive even the intelligent one with bitcoin.

And this year we learnt that Google most searched is about " what is bitcoin?" Must search word

Nigeria as the leading country in Africa to ask this

Because most people in Africa still don't know about cryptocurrency to talk more of bitcoin most of this site are not mlm but a kind of ponzi, the first of it's kind was "MMM" by mavrodi a Russian criminal described by Google but later died this year, after that many site came on board to claim to partner bitcoin which at first a very legit business but later on they will disappear leaving it's victim in pain and tears so on this continued , again was bitworldcenter.company started early this year end around june or July and again was boostpal.co.uk another scam site that may have collect billions from people around Africa with other new ones that might be still out there claiming and promising to it's victim and mostly Nigeria were the programmers build up site to scam their fellow citizens by giving out he site to their friends telling them how convince and confuse their victim and also giving them little cash to show them as prove, that way they will get many people to their site to be scammed at last hopfuly the first set will luckly escape making to invite thier family or friends or maybe reinvest again this time they may not be lucky and probably the aim of the site owner is begin accomplished then he will just shut down the site.
But why its seems thAt this criminals can't be caught is that the make use of bitcoin which has not central bank or head quarters that's decentralized and also encrypted peer to peer
Which you just send money to directly to the person you want and no other person will know anything about it except you and your client,

With this Africa is afraid of been scammed again they started asking about bitcoin and its work,

So now some many of them holding major share in bitcoin started withdrawing

African countries may be undeveloped and underdeveloping but they holds or plays a major impact on worlds economy