black side of bitcoin || clash of the system

bitcoin become one of the most interesting method to pay and to invest your money, however, we still have some people do not believe in its value. According to the features of bitcoin as a new type of payment that has no guarantees to avoid its value crash,inverstors has divided to groups, investors those take the risk and believe in bitcoin and groups that dismiss bitcoin and hate to be a part of its growth.

• those are the main facts about the black side of bitcoin :

1 Bitcoin is just like all other digital currencies; nothing new
2 Bitcoins don’t solve any problems that fiat currency and/or gold doesn’t solve
3 Bitcoin is backed by processing power
4 Bitcoins are worthless because they aren’t backed by anything
5 The value of bitcoins are based on how much electricity and computing power it takes to mine them
6 Bitcoins have no intrinsic value (unlike some other things)
7 Bitcoins are illegal because they’re not legal tender
8 BTC is a form of domestic terrorism because it only harms the economic stability of the USA and its currency
9 Bitcoin will only enable tax evaders which will lead to the eventual downfall of civilization
10 Bitcoins can be printed/minted by anyone and are therefore worthless
11 Bitcoins are worthless because they’re based on unproven cryptography
12 Early adopters are unfairly rewarded
13 21 million coins isn’t enough; doesn’t scale
14 Bitcoins are stored in wallet files, just copy the wallet file to get more coins!
15 Lost coins can’t be replaced and this is bad
16 It’s a giant ponzi scheme
17 Finite coins plus lost coins means deflationary spiral
18 Bitcoin can’t work because there is no way to control inflation
19 The Bitcoin community consists of anarchist/conspiracy theorist/gold standard ‘weenies’
20 Anyone with enough computing power can take over the network
21 Bitcoin violates governmental regulations
22 Fractional reserve banking is not possible
23 Point of sale with bitcoins isn’t possible because of the 10 minute wait for confirmation
24 After 21 million coins are mined, no one will generate new blocks
25 Bitcoin has no built-in chargeback mechanism, and this isn’t good
26 Quantum computers would break Bitcoin’s security
27 Bitcoin mining is a waste of energy and harmful for ecology
28 Shopkeepers can’t seriously set prices in bitcoins because of the volatile exchange rate
29 Like Flooz and e-gold, bitcoins serve as opportunities for criminals and will be shut down
30 Bitcoins will be shut down by the government just like Liberty Dollars were
31 Bitcoin is not decentralized because the developers can dictate the software’s behavior
32 Bitcoin is a pyramid scheme

• Is there a bitcoin haters ?

After the speed growth of the bitcoin market, the price became unsupportable for some traders, forex and bourse market has loose a crucial percentage of the market cap to bitcoin and other cryptocurrencies, Bitcoin becomes currency number one used by money cleaners, illegal transactions, and hackers.

All those facts create a powerful community called "Bitcoin Haters" - People How Fight To Make Bitcoin Value Down And Considered Illegal -               

•  Is that affect bitcoin market ?

Of course not. bitcoin cap speedy continue his growth as we can see in the chart

 the price jumps from 0.10 USD in 2009 to 2500 in 2017, bitcoin traders makes a huge fortune.

 bitcoin sit on the top of the cryptocurrencies with a value of market cap reached $42,615,812,908 . 

• What about Security ?

There are only to funny two methods  to extact a bitcoin wallet  privet ket after reading those two approches 

you will forget about hacking a bitcoin wallet ;)

-1) Method 1 = 

 -2) Method 2 = 

so if you think that you could hack a Bitcoin wallet, you should have all time of the upcoming future and the entire past to make the job.