So I get it Ok, When this Bitcoin first came on the scene it was blasted. So as I watch what is happening with Bitcoin I have to say there are just people who speak and have No Clue what they are talking about.
The other observation is what I am reading is all past financial executives. They are really just making a fool of themselves.
I will leave with this if the SEC is getting ready to allow Bitcoin for trading this instrument is valid........
Bitcoin price was growing significantly for more than a year already, so mainstream media started covering it more and more and that made many people in financial world to start voicing their opinion about Bitcoin. There can be many reasons why exactly they are doing it- may they feel that Bitcoin is a threat, maybe they just want to get some attention from the media, maybe they want to try to manipulate the market. But I think that people who seriously consider investing in Bitcoin should form their own opinion by studying Bitcoin themselves instead of listening to others.
Never mind what other people are saying about bitcoin. Negative people always have something negative to attach to good things. Though, bitcoin recently has some transaction issues such as paying high transaction fee and experiencing slow network transactions, but soon the lightning network will solve these problems. The lightning network is about to change and speed up the bitcoin transaction speed with zero transaction fee.