What’s Bad for Facebook is Good for Bitcoin – Here’s Why

Editor’s Note: Last year, Tom Gentile used his pattern-trading software to help give his readers a shot at beating the S&P 500. Now he’s using that technology to help pinpoint recommendations in a market that grew 164 times faster than stocks – cryptocurrencies. The windfall of profits he expects is staggering. Click here to learn more about Tom’s system. PLUS, see the #1 cryptocurrency he’s buying right now on camera.

You’ve heard the that saying one man’s junk is another man’s treasure…

Well this couldn’t be truer when it comes to the markets, too. One industry’s mistake is another industry’s opportunity.

You see, Facebook, Inc. (FB) is in hot water – and all eyes remain on the social media giant as they try to handle the latest news breaking scandal.

But it looks like Bitcoin and other cryptocurrencies are benefiting from the Facebook ordeal, opening a brand-new set of opportunities.

Here’s how

Facebook Is In The Hot Seat – And This is What it Means For You

The newest scandal surrounding Facebook (FB) has dominated the headlines.

If you haven’t heard – Cambridge Analytica, a data analysis group, collected data from over 50 million Facebook users without permission.

This has put the company and CEO, Mark Zuckerberg in the hot seat as questions about privacy and protection are center stage – and regulation seems to be the most popular word of the conversation.

Sounds familiar, doesn’t it?

A while back, we talked about the explosion of the cryptocurrency market and how it could become a trillion-dollar industry.

That sentiment rings true once again. With the breach of privacy on Facebook’s platform, the security and privacy of blockchain and cryptocurrency becomes even more prominent.

And I truly believe we will see a spike in price in the crypto market following on the heels of the FB story.

The price jump could come sooner than later — especially since Mark Zuckerberg really hasn’t said what Facebook users want to hear. Today was the first time a statement has been issued regarding the situation even though it was reported a couple of days ago…

And while it may have only been reported a few day ago, the actually privacy breach happened well over a year ago.

So you can see why the active users of the platform aren’t happy.

In his initial remarks, which were posted on the Facebook platform, Zuckerberg didn’t apologize but he quickly backtracked.

Despite the apology though, Zuckerberg never addressed why Facebook tried to keep the public unaware of the situation- and why the users weren’t informed about it back in 2015 when Facebook originally learned about it.

And while he acknowledges the trust of its users was obviously jeopardized and he promised to right the situation, his message wasn’t well received.

Many worry that they can no longer trust the company and commented on the face that the industry as whole clearly can’t police itself.

Hearing that many believed that the ‘industry’ could not police itself got me listening though…

Facebook, and the industry as a whole, is at risk of losing the trust of the consumer – and that trust, and the sense of security that comes with it, is highly important to Facebook’s success.

And I believe that loss sense of security is a large catalyst for the surge in prices of Bitcoin and other cryptocurrencies recently.

With cryptocurrency running on blockchain technology, which is a decentralized ledger, it seems like a much safer investment – and environment – for the everyday trader.

And there’s proof in the numbers…

Just in this past week, Bitcoin is off its recent lows of $7,400 and has bounced back to $9,100. That’s a 23% jump in just a few days – and the market as whole is on the rise.

And this isn’t just happenstance. Investors are seeing the benefit of Bitcoin and the blockchain technology it boasts as a much safer place to land, and I have to agree.

If you want more than one person’s take on Bitcoin other than just mine, look no farther than Robert Herjavec from Shark Tank fame and a cyber-security expert.  He himself stated on a recent interview on CNBC he sees Bitcoin going back up.

Cracking the Crypto Code

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America’s #1 Pattern Trader

3 Responses to “What’s Bad for Facebook is Good for Bitcoin – Here’s Why”

  1. Tom,
    I have purchased the cryptocurrency LEND that you suggested, but as of now (March 22nd) it’s down but I still have hopes it will rebound, if it does as you have predicted then I will be purchasing your Cryptocurrency Windfalls Publication. I’m patiently waiting and I’m even considered buying more LEND. Hopefully we will have a long and lucrative relationship!

  2. Hi Tom!!
    here is a 74 years old grandmother trying to build and leave something of a legacy for my grandson who is turning 17 in a couple of months….and I don’t have the funds to subscribe to your system or anyone else out there…BUT I am passionate about the crypto world and i spend hours on my computer educating myself and researching!!! I did follow your advice on buying LEND as i believe you were risking your reputation on its success…a few weeks could see it at $5.00?? I borrowed funds from my daughter and acquired 14,000 coins at 0.07 and really really for something like “winning the jackpot”:-) As of today LEND stands at $0.049 goes up and down taking my dreams with it on a roller coaster, but I don’t mind as long as it does get to even $1.00…So my question is :DO YOU still believe in the rise of LEND to at least $1.00???and soon…enough?? Thank you for your time…J

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