Bitcoin is under attack. Will it resist?

In the past time Bitcoin has been under heavy attack by many types of people for many different reasons. Will bitcoin resist this thing or will it just die off?

In this post I will try to cover as many people and try to give you their reasons.

  1. Altcoin supporters. This category is covering lots of people, from developers up until fan boys/girls. They want Bitcoin to lose so their alt raises. These guys do not understand why Bitcoin is the best.
  2. People using futures. Those guys will just try to short Bitcoin to get as much money as possible. The problem with shorting (for them) is that at some point Bitcoin will raise because when you short in the back end you actually buy later.
  3. Banking system. The banking system is trying to bring down Bitcoin and all alts for that matter because these revolutionary technologies  steal their business.
  4. Media. Controlled by specific people who do not want Bitcoin to be what it can be.
  5. People who just want Bitcoin at a cheaper price. These guys just want to get their hand on more Bitcoins for cheaper price.

In my opinion until some altcoin does not get past Bitcoin in price and market cap, Bitcoin has all chances to prevail. Do not forget dear people, G20 summit is coming soon and Bitcoin is their main talk point. Before and after that meeting Bitcoin will rise to the skies because it will get media coverage and Bitcoin will receive more legitimacy. Let me know in comments what’s your opinion about this. Did I miss something? Will Bitcoin overcome these obstacles? In my opinion and taking into the account history of Bitcoin, I say that it will prevail and it will come stronger than ever.


Bitcoin to the moon and beyond!

We are over seven billion and half people currently and only a fraction of that number is using Bitcoin currently.

Check out on Google:

One percent of the world have 99% of the world wealth!

(1%; 1/100=0.01; 0.01*7,600,000,000=76,000,000)

Out of those 1% only few tell you the truth! These people are heroes alive! They want you to have what they have because the truth is that there is enough for everybody!

One percenters about Bitcoin. Check it out, it's awesome!

Google trends, shows the search rates over a period of time. What if #Bitcoin has half of the facebook searches? What price do you think it will have?,amazon,paypal,facebook,google

It’s still early. It’s exactly like email was for postal services. Learn from history. It will have ups and downs but it will raise much more higher in the end. Maybe Bitcoin will crash at some point, but until then you will have a fortune to invest in other things and you will already have other investments.

Check out Amazon all time chart! What is Amazon price now compared to dotcom bubble? Go with the mouse over the line in the chart and it will tell you the price. Check 1990-2002 and check the price now!…527472.529512.0.529633.….0…1c.1.64.psy-ab..0.0.0….0.bA960sJkrg8

What is Bitcoin price compared to Amazon now? 17,440$ vs 1,179.14 at the time of writing this.

Bitcoin had it’s bubble in 2013 and it was man made (people used trading bots to increase the value of Bitcoin to make money, when people found out Bitcoin crashed and it stayed like that until last year, check out Mt. Gox story, the biggest Bitcoin exchange at that time)

Bitcoin is a store of value and right now a great investment. Do not lose the boom, it’s bigger than you can imagine. Even if it crashes it will be back up stronger than ever so do not invest money you need now. That way if it crashes you can wait it to go again up.¬† Share with everybody if you want this to happen faster! If not, you will just slow the progress but it will still happen sooner or later. Bitcoin is your own bank where you have 100% control. This comes with risks.