Bitcoin In Your Face: Buffeted From All Sides, BTC Survives And Thrives

Bitcoin continues to defy the odds, the critics, and the hackers, as the crypto world turns its attention to Consensus 2019 in New York. Despite a tumultuous week or two, the OG crypto looks more bullish than it has for a long time.

Neither A Hack Nor A Button Can Keep Bitcoin Down
There is never a dull moment in crypto. But as bitcoin continues to see off psychological barrier after psychological barrier, even its most ardent advocates could be excused for being proud of the resilience of the world’s first application of blockchain technology.Binance, the world’s largest exchange, suffered a security breach on Tuesday, with 7,074 BTC now under the control of the world’s most keenly viewed wallets. That was only days after perennial bitcoin cynic Warren Buffett compared bitcoin to a button in an interview with CNBC.

“I’ll tear off a button here. What I’ll have here is a little token… I’ll offer it to you for $1000, and I’ll see if I can get the price up to $2000 by the end of the day…”
Warren Buffett, Chairman and CEO of Berkshire Hathaway
Buffeted on all sides indeed… the vice chairman of the multi-billion dollar company – which owns a large stake in Wells Fargo (a bank that repeatedly defrauded customers) – described crypto advocates as followers of Judas Iscariot, seemingly unaware that foreclosing on the homes of people who have done nothing wrong might be considered a more significant betrayal of trust than buying Bitcoin.

Bitcoin is now eyeing off $6,400 as its bullish momentum continues.

Caught Between A Rock And A Howey Place
Yesterday, Congressman Brad Sherman called for cryptocurrency to be banned in the US. His rationale partly lies in his argument that the almighty US dollar lends the country a good part of its power.
source:https://cryptobriefing.com/bitcoin-bullish-consensus-new-york/