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.
Going through the items you listed. I did not see any connection or link you made as to bitcoin being connected to illuminati. Those are just the advantages of bitcoin you just enumerated, maybe you have to come up with convincing facts.