The Nova-X Crypto Circle Bitcoin 20x Summit is an online event recently hosted by the team at Money Map Press. The event is available online for free at MoneyMapPress.com. The purpose of the event was to discuss the nature of the crypto industry. However, one of the key goals of the Bitcoin 20x Summit was to also promote the Nova-X Report and a bundle of eBooks produced by Money Map Press.

They have quite a list of products they cover in their cryptocurrency presentation, here are a few:

Key figures attending the summit included Michael Robinson and Bill Patalon. Bill is the Executive Editor at Money Map Press, while Michael Robinson is a cryptocurrency industry analyst.

Over the course of the two-hour long summit, the pair discussed a number of elements of the crypto industry, including whether or not we’re in a bubble and whether or not bitcoin is a fad.

“Bitcoin is not – repeat, not – a fad!”, explains Michael at one point in the summit.

The summit was recorded when bitcoin was in the $9,000 range. At this point, bitcoin had gone from $20,000 down to $6,000 before rising back again to the $9,000 range. Today, bitcoin is sitting around the $6,000 range once again, so some of the information in the summit isn’t as accurate as it was a few months ago.

“And already the price of Bitcoin has lifted back up into the $9,000 range, so at that short-term peak, you would’ve gained 50% in almost no time,” explains Michael during the summit. “Now, as we’ve seen with all the headlines lately, it’s entered into a little bit new volatile phase, but I see this as a fantastic opportunity, and we’re going to talk about that in this summit right now, today.”

Overall, the pair are extremely bullish about the future of cryptocurrencies. They both seem to believe there’s a lot of room for the crypto space to grow. Nevertheless, both analysts caution investors during the summit.

“Make no mistake: because cryptocurrencies are still in the development stage, they are inherently risky investments – upgrade or not.”

Despite this caution, the analysts both frequently support investing in bitcoin. They mention things like, I was dead-on about bitcoin back in 2013, for example, and I believe we could be seeing a new explosive run-up in the value of bitcoin any day now.”

Of course, since the summit was recorded, the price of bitcoin has done the opposite. The price of bitcoin has slumped to a new low for 2018, sinking below $6,000. It’s unclear what the price will do in the long-term, but in the short-term, the predictions of neither analyst have been accurate.

Both Bill and Michael cite the Lightning Network as one reason why the price of bitcoin could take off. The Lightning Network is a controversial scaling upgrade proposed by bitcoin developer Blockstream. Lightning Network fundamentally changes the way bitcoin works, taking transactions off-chain and forcing bitcoin users to open up “side-channels” in order to complete a transaction. The proposed Lightning Network sharply reduces bitcoin transaction fees, but it has not yet been implemented. In any case, both Bill and Michael frequently reference the Lightning Network during the Bitcoin 20x Summit.

The main purpose of the Bitcoin 20x Summit is to convince investors they can make a lot of money by buying products from Money Map Press. During the summit, Michael spends a lot of time talking about his “Crypto Peak Profit Strategy.” Michael claims his strategy “has made my readers a fortune.”

Investors who followed his strategy in 2012, for example, experienced gains of 1221%. In 2016, that same strategy provided his readers with profits of 290%.

Ultimately, after dazzling listeners with stories about massive gains, Michael then convinces listeners to buy his book called The Crypto Circle The ‘Peak Profit’ Strategy’: One Quick Windfall After Another on Each New Peak in Cryptocurrencies.”

The book makes bold claims about the crypto industry. Michael, for example, claims there are over 1,300 “potential new bitcoins” investors can buy today. He cites Ripple (XRP) as one example, saying “most people have never heard of this digital currency, and for good reason.” Michael claims there’s “no end in sight” to Ripple’s massive gains.

The Bitcoin 20x Summit is free to attend. It’s available online today at no cost via MoneyMapPress.com.

At the end of the summit, however, you’ll be shown a deal where you can get the Nova-X Report for $39. In addition to the Nova-X Report, your $39 purchase comes with a bundle of PDF files, including several of the books mentioned in the report.

Those books include, “The Ethereum Inner Circle Featuring Dr. Gavin Wood”, “The Peak Profit Strategy”, “Three New Penny Cryptocurrencies”, “The Roadmap to Marijuana Millions”, and “Becoming a Crypto Millionaire”.

You can pay an additional $40 to upgrade to the “Gold Package”, in which case you get access to a handful of new reports and eBooks. The Gold Package is priced at $79. Both the Silver Package and the Gold Package come with a 30 day money back guarantee.

There doesn’t seem to be a catch with these subscription options. However, your credit card will be automatically charged $99 on your two year anniversary. Once your additional two year subscription is over, you’ll be charged $99 per year afterwards. You’re free to cancel anytime.

Ultimately, the purpose of the Bitcoin 20x Summit is to convince listeners they can get rich quick by investing in cryptocurrencies. The summit features stories about listeners making a lot of money through crypto investing. The summit also features stories about how Michael’s investment strategies have helped his followers make five digit percentage gains in their portfolio.

After the two hour summit is over, the pair try to sell you a package of digital products for $39. In exchange for $39, you get a bundle of PDF files and eBooks along with an annual subscription to the Nova-X Report.

You can learn more about the Bitcoin 20x Summit today by visiting Money Map Press. The summit is free to listen to, although a transcript is also available for those who would prefer to read the discussion.

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