What is the next Bitcoin?

in #bitcoin7 years ago

What is the next Bitcoin? Which altcoins should I invest in? Can I invest in Bitcoin via the stock market? These are questions I get emailed daily! But today I want to answer these questions in a slightly different way. I’ll answer a question with a question?! So long story short… yes, you can invest in Bitcoin and cryptocurrency via the stock market, but identifying that stock before they launch (or pivot) is crucial. Bitzio (BTZO) is the stock that should jump on the Bitcoin bandwagon!

Bitzio, Inc. (OTCQB: BTZO) started as a mobile app development business leveraging celebrity and athlete followings. With its learnings from the celebrity market, in mid-2013, Bitzio shifted its focus to fashion with a unique Los Angeles-based apparel incubation model. Uniquely qualified to identify promising apparel brands, Bitzio accelerates these emerging brands with its access to capital, extensive industry experience, centralized operations and established manufacturing and distribution channels.

Bitcoin is booming! So where does Bitzio come in? Another company called Long Island Iced Tea recently pivoted their entire business model (and company name) to Long Blockchain. Instantly, after announcing the change, their stock price went from pennies per share to over $5! Much like the Long Island Iced Tea Corporation's (NASDAQ: LBCC) pivot to blockchain, I see the same possibility for Bitzio:
https://www.forbes.com/sites/laurengensler/2017/12/21/an-iced-tea-company-says-its-pivoting-to-blockchain-stock-rockets-higher

No need for an entire business model pivot or company name change, rather just the addition of Bitcoin mining to help increase Bitzio’s capital. With the term “Bit” already a part of their branding, Bitzio is in a prime spot to spark their marketing strategy by harnessing the power of crypto! Bitzio is in a rare and unique position to be an already publically traded company that could use the built in “Bitcoin” PR instantly and possibly raise funds faster than any ICO (https://www.google.com/search?q=OTCMKTS:BTZO). We currently have a large position in BTZO as we believe the company to be extremely undervalued!

I envision Bitzio continuing to acquire fashion brands, but simply adding Bitcoin mining as an income stream to help speed those acquisitions! Bitzio could invest a portion of their current cash on hand into mining Bitcoin via SHA-256 contracts on https://www.genesis-mining.com/ or https://hashflare.io/ (we average 30% to 50% ROI on these cloud mining websites).

These Bitcoin mining returns will be win-win by not only helping grow Bitzio’s fashion brands, but by also increasing the Bitzio name recognition and share price by “riding the Bitcoin rocket”! With BTZO trading at just $0.0001 per share, someone could buy a major stake in the company and then seek a position on the Bitzio, Inc. board of directors to therefore influence this Bitcoin strategy.

So… who is going to be that investor?

DISCLAIMER: I am not a financial adviser nor am I giving financial advice. I am sharing my biased opinion based off speculation. You should not take my opinion as financial advice. You should always do your research before making any investment. You should also understand the risks of investing. This is all speculative based investing. The content is for informational and educational purposes only and is not and should not be construed as professional financial, investment, tax, or legal advice. Trading in penny stocks, futures trading, and options trading have large potential rewards but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in these products. Do not trade with money that you cannot afford to lose. The past performance of any trading system, methodology, or particular trader is not indicative of future results.

Sort:  

i dont know what is the next btc but i know and sure ADA is next etherum

Great article...exciting times for sure

Congratulations @coursenvy! You received a personal award!

Happy Birthday! - You are on the Steem blockchain for 2 years!

You can view your badges on your Steem Board and compare to others on the Steem Ranking

Vote for @Steemitboard as a witness to get one more award and increased upvotes!

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 66565.59
ETH 3503.87
USDT 1.00
SBD 2.72