Here’s 5 Reasons To Stay Bullish On Bitcoin [INFOGRAPHIC]


We think that cryptocurrency will remain in the trough for some time, but there are many reasons to believe that a robust foundation is being built for these technologies.

Here are five reasons to be bullish on Bitcoin:

  1. Venture capitalists continue to invest in Bitcoin. In 2015, $1 billion was invested in startups focusing on the technology, a 300% increase.
  2. Daily transaction volume and users continue to increase. There are 10,000 new users every day.
  3. Bitcoin has been declared dead by media 72 times, and it has survived 48 scandals. Resilience is key.
  4. Blockchain technology has been proposed for use in 90+ different purposes, ranging from networks of ownerless, self-driving cars to financial derivatives. By the way, the big banks announced even they are using blockchain technology for payments.
  5. There are now 29 bitcoin-friendly nations.

H/T Visual Capitalist

Here's 5 Reasons To Stay Bullish On Bitcoin Infographic

Infographic source: Holy Transaction



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