{"id":317745,"date":"2018-03-28T10:13:34","date_gmt":"2018-03-28T10:13:34","guid":{"rendered":"https:\/\/ktsl888.com\/?p=317745"},"modified":"2018-05-04T09:06:10","modified_gmt":"2018-05-04T09:06:10","slug":"bitcoin-is-supposedly-dead","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/sponsored\/bitcoin-is-supposedly-dead\/","title":{"rendered":"Bitcoin is Supposedly Dead, But Not Quite"},"content":{"rendered":"

Bitcoin is dead \u2013 or so we have been told over and over again. It has been killed off innumerable times in its short life, which began in January 2009 \u2013 less than a decade ago \u2013 when it was released as open-source software by the mysterious and still unknown Satoshi Nakamoto.<\/p>\n

As early as 2010 Tim Harford, \u2018The Undercover Economist\u2019, penned the cryptocurrency\u2019s obituary in an article titled: \u2018Why Bitcoin can\u2019t be a currency.\u2019 At that point, Bitcoin\u2019s price was $0.23.<\/p>\n

The following year, with the value at $7.80, Gizmodo Australia<\/em> stated: \u201cBitcoin is dying.\u201d And in June 2013 ($111) NYMag<\/em> said: \u201cBitcoin sees the grim reaper.\u201d Three months later, with Bitcoin\u2019s price soaring to $607, a post on Medium<\/em> posited: \u201cCryptocurrencies are dead.\u201d<\/p>\n

Fast forward four years, to September 2017 \u2013 with the price at $4,591 \u2013 and the predictions about the demise of the original cryptocurrency were plentiful. Seeking Alpha<\/em> wrote about \u201cthe death of Bitcoin\u201d and was less than glowing about the future of all cryptos.<\/p>\n

Then came the explosive rise of Bitcoin; it reached a high point of $19,499 on December 18, 2017. When the value dropped, in the new year, critics queued up to revel in its fall. In January The Week<\/em> discussed \u201cthe end of Bitcoin\u201d when its price was $11,583.<\/p>\n

In fact, Bitcoin has \u2018died\u2019 over 250 times \u2013 and counting \u2013 according to the global media. Given its ongoing success, it goes to show why it is important not to trade the headlines, and ignore the doom-mongers.<\/p>\n

Bitcoin has truly entered the mainstream and is now readily accepted as payment by a huge number of top-tier organizations across a whole spectrum of industries, as well as start-ups, and even charities. These include Microsoft, Expedia, bloomberg.com<\/a>, Save the Children, Wikipedia, Virgin Galactic, Subway, and Whole Foods.<\/p>\n

Global trading and investment platform eToro, which specializes in cryptos, has created this video to highlight Bitcoin\u2019s positive journey despite the naysayers\u2019 comments:<\/p>\n

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\u201cCryptos Needn\u2019t Be Cryptic,\u201d is the mantra at www.eToro.com<\/a>. The platform, which boasts a nine-million-strong online community, strives to educate its users through written guides \u2013 such as this one<\/a>, and also here<\/a> \u2013 and videos (including this one<\/a>) that are accessible on the website.<\/p>\n

Pros and cons of trading on eToro<\/strong><\/p>\n

Pros<\/strong><\/p>\n