bitcoin tipping point

8/9/2019 Bitcoin Tipping Point

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Bitcoin Tipping Point: Why You Absolutely Need To

Know About Bitcoin Right Now.

One of the most profound and exciting ideas the world has ever seen ismanifesting as we speak. I sincerely believe that Bitcoin, a crypto-currency,will affect your life more than anything else, ever (whether you follow theadvice in this report or not.)

And you probably have never even heard of it until now. I put together ashort video on what is happening, why its happening, and how you can makea ton of money if you get in now and act fast. Watch this video now .

So you probably have a ton of questions about the topic of this report…

So lets start with the good news: fortunes are being made right now and willcontinue to grow for years to come. And this Report is your heads up tomake sure you get yours.

To give you an idea of just how fast this investment opportunity is moving,

if you invested just $1,000 in December 2011, that $1,000 would be worth$266,666 today (a 26,666% return).

http://www.successcouncil.com/BitcoinTippingPoint



And the best news is, I think this trend will continue for at least the next twoyears. If I am correct, then this report could be the most important read ofyour life.

Before we get into Bitcoin, or crypto-currencies, I want to define 2important concepts that I hang my hat on, when I make bold predictions like,“This will affect your life more than anything else.”

1. “Disruptive Innovation”. A disruptive innovation, is defined as aninnovation that helps create a new market and value network, andeventually goes on to disrupt an existing market and value network

(over a few years or decades), displacing an earlier technology.For a better understanding of some world-changing technologydisrupters of the 20 th Century, you should watch this eye-openingvideo .

Basically, its a new technology thatis so cool, that it replaces less

productive industries. For example,

when the Ford Model T firstappeared it was so superior to theexisting horse and buggy options,that within decades the horse and

buggy businesses were all butextinct. As a result of the Model T Ford and in deed all disruptiveinnovations, society took a huge leap forward.

Imagine if you or your grandfather would have invested as a stock holder inFord before he took over the market? You’d probably be set today! That isthe kind of thing I am talking about…





In the digital age, we see disruptive innovations can occur not in decades, but in years. It only took a few years for the digital camera to makeredundant film processing. Broadband internet to replace the DVD Store.

DVDs to replace VHS. Blu-Ray to replace DVDs. The listis endless and the speed withwhich these disruptiveinnovations replace soon-to-be-antiquated technologies is nowdown to a few years.

2. Money. Money is one half of every single transaction on the planet.Money touches the lives of every single person in every single nation, everysingle day. If there were a disruptiveinnovation that came along and made thegovernment-manufactured fiat moneysystem obsolete, then I think it’s fair to say

that that event would affect your life morethan anything else possibly could.

Enter crypto-currencies.

I believe crypto-currencies are that innovation, and it is already making newmillionaires daily as people scramble to get their hands on some.

So what is a crypto-currency?

It is digital money. Very simply put, it is money that exists on yourcomputer. You can send it across the globe like an email and the person atthe other end can receive it, and spend it.



So your next question may be, how is this possible?

The techie geek answer is: complex mathematical computing codes thatrequire more computing power than it is worth to crack the code would berequired.

The lay persons answer is: a hacker would have to spend more money ontrying to break the code than the currency will ever be worth. No onewould do it. Imagine if copying an .MP3 costs $50,000. No one would

bother to copy it, because they can simply go online and buy the .MP3 for.99 cents.

And even better, the cost to “hack bitcoin” grows exponentially as the bitcoin network grows. In fact already the computer power required to beatthe bitcoin protocol doesn’t even exist. You would have to pool the worldssuper computers together for years to even come close.

So, counterfeiting isn’t really

an issue. And that is a goodthing, because large scalecounterfeiting of the moneysupply is the most horrificand disastrous event that canhappen to a society.

Now lets consider ourcurrent fiat system currency. Yes, it can be counterfeited, but even worse, aquasi-government group has a license to legally print more money, withoutyour approval. This means that the Federal Reserve can make your moneyless valuable simply by turning on the printing presses, a practice they have

been engaged in heavily the last 10 years…



Economist John Maynard Keynes wrote:

“There is no subtler, no surer means of overturning the existing basis ofsociety than to debauch the currency. The process engages all the hiddenforces of economic law on the side of destruction, and does it in a mannerwhich not one man in a million is able to diagnose....”

Since this is one of the primary reasons people are running to Bitcoin, Ithought I would take a moment to explain this properly.

Most of us understand that if some terrorist group printed up a trillion dollars

in undetectable fake US$ and started buying up US businesses and realestate that would be illegal.

It is illegal (and rightfully so) for 2 reasons.1. The counterfeiters got something for nothing. Most agree this is unfair

that this group get something for nothing when everyone else has tocontribute value to others to earn money.

2. The 2 nd reason is something few people understand. To say thecounterfeiters got something for nothing is actually misleading. Withtheir newly printed notes they have acquired purchasing power, butwhere has that purchasing power come from? The answer iseverybody with the real currency has lost some of the purchasing

power of the notes they previously hold. The truthis the counterfeiters didnot get something fornothing. They actuallystole something. Theystole purchasing power.



It is an odd concept because if you have $100 in your hand, and then acounterfeiter increases the money supply by 10 times, you still holdthe $100 in your hand. You do not feel as though you have beenstolen from because you still have the $100. However as thecounterfeited money makes its way into the system, your $100 buysless and less and it is the purchasing power that has been stolen fromyou and not the paper the money was printed on.

It is for this reason Keynes wrote not 1 man in a million can diagnose thetheft.

Now here is the catch. The effects are exactly the same whether terroristscounterfeit money and add it to circulation, as if the government, banks, TheFederal Reserve or Santa Clause counterfeited money. Nothing changesexcept who the beneficiaries are.

Throughout history, money has always been corrupted by falsely expandingthe currency supply. Most recently, the banks and Federal Reserve just addsome zeros to their computer balance sheets. A few decades ago, the paper

was just printed. And for centuries before that, several gold receipts were printed for each gold coin held at the bank. And for millennia before that,gold and silver coins were clipped, and cast.

History shows money always gets corrupted.

Crypto-Currencies (if adopted and widely used), means this age old theftthat has been around for thousands of years will finally end.

It is beyond the scope of this Report to explain that government sponsoredcounterfeiting is the primary cause of all poverty, wars, and starvation onthis planet but trust me… it is.



The peace and prosperity that will follow as a result of the wide spread useof crypto-currencies will resemble a fairy tale. That is why I say that usingBitcoin is the most patriotic thing anyone can ever do ever. And the goodnews is… It is also the fastest way to make an incredible fortune.

With Bitcoins value doubling all of the time, the returns received byinvestors are staggering. If the trend continues for the rest of the year,anyone who gets in now could be very, very happy with their returns.

This is especially true considering that the stock market is at all time highs,and for not-so-good reasons. Most people are feeling a little bit hesitant to

keep investing in what seems to be a huge bubble.

On the other hand, for Bitcoin, it has been an uphill climb for the last 5years. And I think its going much, much higher….

While there can be no guarantees, there are plenty of reasons why thisdisruptive technology could do exactly that. We will go into lots of thosereasons in this newly released video that I think will blow your mind with

possibilities, but for now here is a little bit of the history of Bitcoin.

History

In 2009, the world’s first major crypto-currency, Bitcoin, was releasedthrough open source code by a programmer, or a group of programmersnamed “Satoshi Nakamoto.” It is unknown whether Satoshi is one person ormany people, and his avatar disappeared from Bitcoin forums in 2011. Ifanyone knows who Satoshi is they are keeping it secret. So the actualcreators of Bitcoin will likely remain anonymous…

Legend has it that Bitcoin was first used as money on May 21, 2010 when aninternet personality “Laszlo” offered on a forum, 10,000 BTC’s (Bitcoin) if




someone called a pizza delivery shop and senthim a pizza. “Jercos” accepted, and in what

proved one of the best investment decisions ofJercos life, that 10k Bitcoin is worth over$1million dollars. I would imagine Turning $20into more than $1 million in less than 36 monthshas earnt Jercos some bragging rights.

From there, more and more people began accepting and spending Bitcoins.Slowly at first, and then at an increasing rate. As with all disruptivetechnologies the adaptation from there has been exponential.

Every now and again, some attack, theft, or bad press hits Bitcoin, and eitherslows its meteoric climb, or causes a drop in value. Usually the headlinesread “Bitcoin Hacked” and the newbies panic thinking it will be worthlesssoon. That is impossible, and the headlines are just plain wrong. Its akin toone website having a bug and saying “The internet was hacked and will soon

be worthless.”

Over the last three years, I have personally lived through the Bitcoin bubblesand crashes that the mainstream media love to dub the “Death of Bitcoin”… that is until Bitcoin continues its exponential climb again and again.



To understand why Bitcoin is so resillient, lets start with the top 10 mostimportant characteristics:

Top 10 Most Important Things About Bitcoin.

1) Open Source. Open source code is computer programming code that isopen to the public to view and is free to use. Satoshi released the Bitcoincode as open source code so anyone could view it, scrutinize it, andunderstand the dynamics of Bitcoin.

The open-source nature of the codeis critical for two reasons: first, soeveryone (or at least computergeeks) can understand exactly howthe Bitcoin algorithm works.Second, the open source nature

gives Bitcoin transparency beyond any other currency. This is huge.

Imagine if you could be a fly on the wall during every meeting of theBoard of the Federal Reserve. You would know exactly how they aregoing to manipulate the money supply, and you could plan your buying,spending, and saving accordingly.

Not only do we not have this information from the Fed, we cannot get it, because it is deliberately withheldfor fear of a run on the US dollar.Imagine if the Fed’s Chair said,“Well, guys, we’re flat broke, sowe’re just going to have to turn onthe printing presses and print the



dollar to oblivion!” If you knew he was going to do that, you’d get yourmoney out of the US dollar. It’s a pretty obvious prediction for anyone

paying attention though.

With Bitcoin’s open source code, you know exactly what the moneysupply is going to be, and when. The fact that the code is open sourcemeans it is an open book. No secrets. No surprises. In fact, it even tellsyou when the supply of Bitcoins will end. Which brings me to my next

point. Bitcoin has a limited supply.

Limited Supply. Only 21 million Bitcoin will ever exist. The open source

code mandates that they will stop being created in 2040. At present, there areapproximately 11 million Bitcoins in existence. At present, 25 come intoexistence every 10 minutes. How they come into existence is beyond thescope of this Report, but it is something we will cover in more detail in ourfollow up videos . If people continue to buy Bitcoin, and the Bitcoinmarketplace continues to grow, the value of individual Bitcoins will rise.Since the number of Bitcoins is capped at 21 million, the purchasing powerof a single Bitcoin will go up.




It is the same thing as when gold and silver are used as currency. Thereis a limited amount of gold and silver on this earth. And as more peoplerecognized gold as rare and valuablethan silver, its value began toincrease. At present, a single ounceof gold is worth about $1,300. Asingle ounce of silver is worth about$21. So you could buy a car with 10gold coins, or 600 silver coins. And every day in the news you see moreand more people selling their cars, homes, and services for Bitcoin. And

I believe that in the very near future, you will be able to buy a luxury car,like a Porche, with a single Bitcoin.

But wait, doesn’t that create a problem? If Bitcoin’s supply is capped at21 million, what happens if one Bitcoin becomes worth $100,000? Whatcan you buy then?!? Don’t worry. This brings me to my next point.Bitcoin is divisible to 8 decimal points. And because it is a digitalcurrency, there are no costs associated with dividing it up, like there are

with a gold or silver coin.

2) Divisible by 1/100 millionth. The divisibility of Bitcoin coupled with itslimited supply allows for controlled growth. The market will determinethe value of the Bitcoin, and then we can divide them and pay for goodsand services by the appropriate decimal amount of Bitcoin.

Just a fun side-fact: a .000001 Bitcoin is called a “Satoshi” after theinfamous creator(s). Someday, a Satoshi may be the equivalent of ourmodern-day US dollar. If you were one of the brilliant ones to get started

before the curve, then only a small investment could be worth millions.Getting excited?



3) Decentralized. This is the coolest part for those of you who don’t trustthose in control of your government right now. You see, the governmentcannot “shut down” Bitcoin. There are no headquarters, CEO, servers, orcentral location where Bitcoin is housed. It is on every computer thatuses it. It does not depend on one person, company, or location.

This fact is incredibly important. If you havethe legal monopoly on being a counterfeitervia the Federal Reserve System as politiciansand bankers have, you might well want to

protect that monopoly. And given these guys

start wars for fun and profit, anything threatening their monopoly oncounterfeiting will eventually get lots of government guns pointed at it.

Knowing this, Satoshi designed Bitcoin to be violence-resistant.As an example, take Napster. Remember when everyone began sharingmusic files on Napster? Great for the music lovers who were sharing themusic, bad for record labels and profits. Those same record labels werequick to file suit and get an injunction to unplug the servers at Napster

(which at the time, were housed in Silicon Valley). Because Napster ranat one location, and was centralized, the powers that be could use force tounplug those servers.

What you may not know is, that within days a peer-to-peer networksprung up called BitTorrent. BitTorrent did the exact thing same as

Napster, but instead of having the processing power come from servers, itused a little computing power from the millions of computers it ran on.The government could not shut down BitTorrent, and people all over theworld are still downloading music and movie files for free today.

Bitcoin runs on the same type of peer-to-peer network, which I explain ina little more detail below.



4) Peer-to-Peer Network. In a peer-to-peer network, every individualcomputer contributes processing power for the network to exist. You

can’t kill the network without killing everysingle computer in the world. So, if thegovernment doesn’t want you to ownBitcoins, and they go to your house andturn off your computer, or try and deletethe application, they will fail to destroyyour Bitcions. Your Bitcoins will still

exist in the network. What’s even better is, if your government tries to

outlaw your Bitcoin, they can only do so by finding every computeraround the world that runs the program and unplugging all of those. Soshort of a world-wide house-to-house search for Bitcoins, your Bitcoinsare safe from your government.

5) Hacking Threats. Over the last few years, there have been some newsreports that Bitcoin has been “hacked.” These are simply not true. Therehave been attempts to hack third party service providers in the Bitcoin

marketplace. For example, third party businesses like Bitcoin exchanges, wallet providers, or storage services aresometimes targets of hackers. That is whyit is critically important that you fullyunderstand how, where and why to storeyour Bitcoin, once you dip your toe in thewater. Although these hacks can

sometimes effect the Bitcoin ecosystem, Bitcoin as a protocol remainsuntouched, and despite the hackers attempts, the price has bounced right

back and it continues to climb after every bump in the road. Mainstreammedia outlets often report “Bitcoin Hacked” when events like this occur.



But that is the equivalent of saying “The Federal Reserve was breached”when a pick pocket steals my Federal Reserve Notes from my pocket.”

So although Bitcoin cannot be hacked , there is an issue of people stealing it, just like anything else of value. A very real risk is that a hacker logs intoyour computer and steals your Bitcoins, the same way someone could getyour bank account details and wire themselves your money. This iscertainly a topic which you will want to know more about once youunderstand the incredible gains that can be made buying and holdingBitcoin. And if you’d like to jump right into those predictions, I suggest youtake the time to watch this video .

6) Security. Bitcoin is very much like cash:If you lose your wallet or your private key,it may be gone forever, and there isnothing you can do to get those Bitcoin

back. You should treat your digital walletand password as cash, gold, or a diamondring that is not insured. Once you lose it, it is gone forever.

We don’t have to go too far back in history, to a time when even bankswere not “insured” by the Federal government. In 1929, after BlackMonday, the stock market crashed and there was a run on the banks.Many Americans quickly learnt that their money was not actually at the

banks, and they lost big time.

To trick people into trusting banks again, FDR issued legislation“guarantying” every bank account up to $100,000. When you go intoyour bank today, you’ll see the “FDIC” logo on the window. That labelshows you that your bank is insured. But who pays that insurance? Wedo, as tax paying Americans. We pay the insurance to make sure banks




can make bad lending decisions, and not be held responsible for thosedecisions.

So, no, Bitcion is not “backed by the Federal government.” It is the freemarket in action and as its value rises entrepreneurs will create productsand services around Bitcoin to help with its secure storage. Some storage

providers offer incredibly secure storage along with insurance in caseanything was to happen to your Bitcoin. So the market is already solvingsome of these problems!

7) Anonymity. Many people say that Bitcoin is “anonymous.” This is not

entirely true. Bitcoin can be anonymous if you take steps to make sure itremains anonymous, but is not anonymous by default. In fact, the Bitcoinnetwork is extremely transparent and publically available. Anyone can see inwhich wallet, every single Bitcoin has ever been in its entire history.

For example, if I start an account at one of the Bitcoin exchanges whichrequires my social security number and photo i.d., and then I transfer all ofmy Bitcoin into one wallet, then anyone can determine who that wallet

belongs to, and where those Bitcoins went. If that wallet later transfersBitcoin to a known gun dealer then there is a digital trail of Bitcointransactions. However, it is not that difficult for either yourself or the gundealer to make their wallets anonymous.

What’s even more stealthy: Bitcoin services exists that scramble thetransactions and make it nearly impossible to trace what money went

where. This is great especially if youdon’t want a paper record of things thatyou are buying. Many Bitcoin users aretrue patriots, and believe in our right to

bear arms. However, with recentthreats to these rights, it is becoming



even more important to maintain our privacy. Imagine, if in a year, thegovernment can search all gun transactions and target your house becausethey found the digital trail. With Bitcoin, there are ways to make surethis never happens to you.

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And although you can buy many thingsonline, Bitcoin is still not widely acceptedin the “retail” or “real” world. But that ischanging. And fast. Some of the biggestBitcoin processing services report that businesses are signing up in droves,and the trend has nearly hit the tipping point .

If you have an e-commerce business or sell things online, you need tointegrate a shopping cart which accepts Bitcoin. Not only are there nochargeback fees, or merchant fees you are contributing to this growingcommunity of freedom. We’ll talk more on how you can do this later.

Opportunity. This brings me to my final point: Bitcoin as an investmentopportunity. You don’t need to be a techie to buy or use Bitcoin. You

don’t have to build websites,write computer code, or deciphercodes. In fact, its as easy assending an email.




There is a huge buzz about Bitcoin right now. And people are literallyrunning to Bitcoin in a frenzy to make money and protect their hardearned savings from inflation, taxes, and “bail ins.” Last year, in Cyprus,the EU decided that everyone who had more than $100,000 in a bankaccount would be levied a “one time” tax of between 10-40% of theirsavings. This tax was for mistakes that banks had made… not these

people! And this is happening all across Europe. As it does, more andmore Europeans are opting out of the banking system and into Bitcoin.What is this doing to Bitcoin’s value? Skyrocketing it!!

What is about to happen in the United States is even worse, and if you

want to position yourself to make a fortune while protecting your wealthand freedom, Bitcoin is the answer.

Some reporters think governments are a big threat and will eventuallyoutlaw Bitcoin. Some governments will and some won’t and it doesn’treally matter because it is violent resistant. What I believe is thatgovernments are actually Bitcoin’s best friend.

Through there destructive budget deficits, acts theft through inflation anddepositor haircuts, the government of the United States and Europe willliterally herd billions of people into Bitcoin over the next few years. Forthose of you reading this before Bitcoin is valued at over $100,000 percoin, I think you are looking at the investment of the century.

But you may be skeptical. If so, I don’t blame you. I was too. But hereis what I did: I learned more. And the more I learned, the more I

believed that this single investment would be worth more than any otherthat may cross our paths in our entire lives.



I am talking about google before it was google. Apple, Microsoft, andFacebook combined. Don’t believe me? I don’t expect you to. I’ll showyou.

In this short video I fully explain why Bitcoin is nearly at its TippingPoint – a point beyond which the opportunity will be gone. And I highlysuggest you take the time to watch what I have to say. The opportunity isenormous, and it will give you an advantage that many do not have:

My advice: click here , watch the video, and get ready to act immediately.Chances are, if you check the Bitcoin price right now, it is even higher than

when I wrote this Report. That means you’ve already lost some money, butthere is sooooo much more to gain.

I’ll see you on the other side. Click Here to watch this incredibleopportunity.




bitcoin tipping point

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