#IS BITCOIN COMING TO AN END???

in #bitcoin7 years ago

Is the revolution of Bitcoin coming to an end?
Bitcoin is the biggest cryptocurrency and the first ever existed. Bitcoin as the pacesetter for the other cryptocurrencies, have so much effect on the rest of them. Bitcoin fell below $3500 due to steps taken by some countries and banks to shut down bitcoin exchanges and recently declaring cryptos as illegal in China, which lead to the fall of the three major crypto currencies, bitcoin, ethereum and litecoin.

The big banks wants to destroy Bitcoin and crypto market at large. Because the bank realise that if they don't eliminate bitcoin, bitcoin will eliminate them, all because bitcoin is a currency for the masses without governments and banks control. Bitcoin is a currency for the masses without any interference from government and big financial institutions and may replace the banks soon. The banks are now attacking bitcoin to discourage people from investing in Bitcoin because of it's potential and the negative effects it is having on the banks.

The big banks are criticizing and devaluing the currency calling it illegal. Most people have brand Bitcoin and other cryptos as fraud most recent one is by Jamie Dimon leader of J.P. Morgan Chase Co. and also calling bitcoin tulip bulb. He continue to say It won’t end well. Someone is going to get killed, he altered those words at Barclays financial Services Conference on Tuesday.

To cut a long story short, Bitcoin has existed for the past eight(8) years with so many criticism and a lot of attacks. I don't see anything crushing Bitcoin now .
Now the banks have realise that Bitcoin is taking over the market so they are doing everything possible to eliminate the currency. I believe Bitcoin and cryptos are here to stay. Bitcoin has come a long way, due the the decentralised of bitcoin and lower transactional charges which have made cryptos to out match the banking system made them to realise there is a cause for alarm.

"Cryptocurrency serves this function an order of magnitude better than the existing banking system," "I suspect that Dimon recognizes this, and is trying to delay the inevitable replacement of one his bank's core services by a far more efficient upstart." by Ari Paul

I support this statement fully, the crypto market is taking over the banking system. The banks have just been exploiting us all this while, now our eyes are wide open to the reality that cryptos are the best thing that ever happened to us. The fall in price of the major cryptos is a stepping stone for the cryptos rather than their end. I stand for CRYPTOS.
##BITCOIN IS THE FUTURE!!!

I urge you to upvote, comment and resteem this laudable idea. Thanks

CRYPTOS FOREVER

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