Bitcoin certificate allows speculative investors to get their money's worth
Whether bitcoin can be successful in the long term is very controversial. It is clear, however, that the hype around the digital taler continues unbroken. A development which now also offers opportunities for speculative certificate investors.
Through Bitcoin and a worldwide applicable payment system, transfers between two parties are processed within seconds via the Internet. Bitcoin's unique block-chip technology makes it even more competitive with classic bank transfers.
Through Bitcoin and a worldwide applicable payment system, transfers between two parties are processed within seconds via the Internet. Bitcoin's unique block-chip technology makes it even more competitive with classic bank transfers.
As with any currency, the Bitcoin conversion rate is determined solely by demand and supply on the market. In this case, significant price movements can occur at times. Investors have been able to experience how volatile the course of cryptos is during the last few weeks. If the Bitcoin recorded at just under 3,000 US dollars at the beginning of June, it was only about 2,000 US dollars shortly afterwards. The reason for these massive price losses saw many experts in a software upgrade, which became necessary through the many Bitcoin transactions.
Bitcoin soon at $ 100,000
Since January 1, 2017, the price per bitcoin has climbed by more than 320 percent and is currently well over 4,000 US dollars per piece. If the development of the bitcoin follows Moor's law, the price per coin could be over 100,000 US dollars per day, according to Harvard scientist Dennis Porto. The law of Intel -Mitgründers Gordon Moor says that the performance of computer processors doubles every 18 to 24 months. According to Porto, the development of the bitcoin runs in a similar cycle. In his opinion, the value of digital tellers doubles every eight months.
For risky speculators
If you want to invest in Bitcoins, you usually have to create a personal wallet via a Bitcoin platform. In such a wallet, one's own bitcoins can be hoarded. If you want to save yourself this effort, you now have the possibility to purchase a bitcoin participation certificate from Vontobel directly via the stock market. The certificate (WKN: VN5MJG ) refers to the development of the bitcoin-dollar exchange rate and represents this with a ratio of 10: 1. The participation paper currently costs around 350 euros and has a term until 16.07.2018.
Information for investors
Such a certificate, however, is only suitable for highly experienced investors, as very high price fluctuations have to be expected. Furthermore, the above example does not constitute a product or investment recommendation. Certificates include a continuing issuer risk. In the case of an investment, a total loss of the capital employed is always possible.