The Case Against Bitcoin

This channel's main driving force is to speak and share the truth. Absolute truth and absolute certainty with the strong
conviction that everyone deserves to know truth and that everyone deserves grace.

★ First of all in regards to Bitcoin; Bitcoin is not a transaction Currency and never will be and is why Bitcoin shouldn't be compared with legitimate currency of any kind.

★ Bitcoin has yet to be properly defined because it's definition is unknown at this time.

★ Bitcoin is at battle with the powerful Financial sector.

★Central Banks are often times more powerful than the Governments they back financially which brings many to believe that Bitcoin is up against a tremendous force it cannot sustain.

★ WHAT WILL CAUSE THE BITCOIN MARKET TO POP?

• For those who have followed the rise of Bitcoin from it's beginning already know the odds are stacked against it because of the obvious fact that Hacking is a real threat bound to effect it time and time again. Already in Bitcoins short history we have witnessed MTGOZ, Bitfinex and Tether being hacked. In the case where the Bitcoin exchange MTGOZ was the estimated loss of Bitcoin wealth was a staggering $500 million! Shortly after the world witnessed such horrible loss by the hands of unknown and untraceable hackers Bitcoins price fell from approximately $1,200 down to $70.

★ Already we have witnessed the CBOE initiate futures trading and such trading has tamed bitcoins volatility.

★ The case against Bitcoin is becoming stronger each day. Bitcoin is not a " store of value" at such historic volatility because the consumer can't rely on Bitcoins future price.

★ We Dispute the misinformation that Bitcoin is a store of value and that Bitcoin is a currency in fact we doubt a true currency can function within cyberspace only currency must also be tangible.

★ Bitcoin is a fraud and the world will soon recognize Bitcoin to be the world's largest Ponzi scheme.

★ Bitcoin is a gamble with tremendous risk.

★ Bitcoin is not a transaction Currency.

★ As Bitcoins short history suggests all crypto exchange systems are at extreme danger of being attacked and compromised by hackers and super computers.

★ For those who wish to know more about Bitcoin and the risks associated with Bitcoin we invite you to do dudeligence in regards to understanding Bitcoins very controversial short history.

★ Please google MTGOZ, BITFINEX and Tether and become aware of the history that will repeat in regards to Hacking risk and money laundering risks.

★ We can conclude that Bitcoin is the greatest bubble of our life times and will be guilty of the loss of tremendous wealth.

★ Keep in mind that the online exchange systems associated with Bitcoin are not transparent. No one knows the financial stability of Coinbase, GDAX, Gemini and the many many Bitcoin affiliated exchanges. Experts believe that when Bitcoin sees massive corrections that the exchange systems will not perform when the consumer will need them most and will finally go bankrupt because such exchange systems are not backed by commodity or insured by Governments or central banks. Their is no insurance associated with Bitcoin.

★ We are approaching a Hack and be hacked "cyber-currency" economy. Know that most crypto exchange systems are guilty of money laundering.

★ Be Careful and stay away from Bitcoin at all costs.

★ Beware of Bitcoin. Invest wisely and know exactly what you are buying at all times.

★ Going forward we will share the truth as we witness the truth. We desire to form a strong community that will work together to expose corruption and scams to help protect those whom may be at risk.

★ We strongly encourage everyone to support this movement to help warn and thwart the scams we witness in relation to the Crypto, altcoin, Bitcoin mania.

Sincerely,

OnwardEstate