Hi I am a newbie here in Bitcointakorg. Also I am new to Crypto trading fielding as well. While I was talking to one of my friends about Crypto Market. He doubted this new currency trend. As He said There is Illuminati behind this project. He submitted me some facts exacting some one's article that It is a scam and that could cause to loose everything one day. I will list them here below one by one.
1. Bitcoin is not a company, It has no corporate entity..
(You can't sue bitcoin, inc. If the promises you were made about bitcoin price valuations don't pan. There is no bitcoin, inc)
2. Bitcoin doesn't have any earnings, revenues, profits, profits or P/E ratios.
3. Bitcoin trading isn't regulated by any one.
4. If the internet goes down, Bitcoins cease to exit.
5. Very few accept bitcoins as form of payment. ( although this could grow)
6. Bitcoins transactions are not free and fee getting increased time to time.
7. You can't sue anything if you loose your bitcoins,
8. Nearly all bitcoins promoters have a conflict of interest in attracting more buyers in to bitcoins.
9. Bitcoin isn't very liquid market compare to stock market, Transactions can days to clear
10. Because of bitcoin isn't regulated by the SEC, Bitcoin promoters can claim any forward - looking estimates for future
( the government cannot take any legal action against them )
I would like to know you people's views regarding above facts, Really Appreciate your participation, Looking forward to learn many things from you as a newbie. Thanks in advance.
someone did his research gj.
For first fact who said it company ,it acts as company but officialy it isnt as its not registered in any government.
Second it has earnings from its circulation buy sale demand or on English how popular is it.(anyway it started from trust as it didn't have any value ,people or visionary's donated and helped it grow)
Third Ok really then how its value change o.O it has been regulated by program.
Fourth if internet stops it just halts its transaction as you know internet history is recorded on massive hard drives.
Fifth that will change I mean really I think that btc is not even decade old patience.
Sixth when you use credit card do you have transaction fee do you pay banks to keep you're credit card working? They have to live from something its called stock market.
Seventh you have to be careful as its still in development , so if you lose it its totaly you're fault I can relate to that you will get over it in time.
Eight every human has different opinion on same facts.
Ninth how old is stock market (or should I say old system of banking) of course its more fluid as it had more years to perfect we will see what will happen to this after that many years.
Tenth of course they are not part of it as they can't get dime from it why do you think countries are baning it its not in their interests as it will destroy old system of humanity.
And now for the illuminati they only predicted new world order that doesn't mean they are part of it ( or are they) anyway don't be ignorant accept new system as you accepted smartphone you can't live without it and every one was sceptic about it.
Peace out.
yes I forgot if you lose real wallet who will you sue? Same thing with btc.
Thanks for your reply... 
