Bitcoin News

Story: Bitcoin feared to be a High Profile Scam That Cannot Escape Thefts and Hacks – Untrue

By Dan Saada

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A successful break above or below the trend line is that which defines the change in the uptrend or downtrend of the cryptocurrencies.

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Several projects are created particularly to beat Bitcoin; however, how successful they will be is a different matter altogether.

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In any speculative investment, it is important to be on the right side of the market at the right time.

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Clement Thibault, the Senior Analyst, stated that “Most people do not understand the digital currency and see only the erratic price movements of Bitcoin.

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Several people are not ready for so much of drama.  They are comfortable with the kind of transactional ease they have with fiat money.

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Jeff Ramson, the founder and CEO PCG Advisory Group, opines that the general public is associating Bitcoin unfairly with ICO scams.

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Steve Russo, Executive VP Krypti, stated that being a digital currency Bitcoin cannot escape from thefts and hacks.

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There are too many difficult issues that Bitcoin should overcome before the masses can adopt it.

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Investors need to develop the right perception about the Bitcoin.  They need to understand it as sound money that can be truly permission-less.

The Currency Analytics

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