How to Create Lots and Lots of Wealth with Bitcoin
Follow the advice of the chart below.
That's it!
It may seem like an overly simple plan. At first glance, it might even appear like an idiotic expectation. However, I'm of the strong smelling opinion that there's more than enough writing on the wall and momentum within the growing crypto-currency market to keep this train rolling on its historical path (the trendline on the chart) for many years to come.
Bitcoin has seen, and is continuing to see:
1.) a growing number of transactions per day
2.) a growing number of businesses (mostly start-ups) that transact solely in bitcoin (e.g. OpenBazaar), or make a high (increasing) percentage of sales in bitcoin (e.g. JM Bullion)
3.) continued growth in number of registered users on bitcoin exchanges like Coinbase and quarter over quarter growth in volume (fiat value of bitcoins traded on a daily, weekly, and monthly basis)
4.) more exciting bitcoin evolution to come in the near-term future: google "Segregated Witness" (segwit) and "lightning network" for more on this.
I could go on and on, but you get the point.
"There are 3 eras of currency: Commodity based, politically based, and now, math based." - Chris Dixon
Yes, and also the foundation of so many other exciting developments (crypto "alt" coins), such as Steemit and its Steem coin.
"'There are 3 eras of currency: Commodity based, politically based, and now, math based.' - Chris Dixon"
Nice quote. Thanks for sharing.
Buy at 600 and sell at 5k you say, this isn't really advice it's simple mathematics
Um, like, it kinda wasn't a guarantee that the price of Bitcoin would ever go anywhere near $5k at the time that I made this post. This isn't a graph of a math equation, it's a price chart of a dynamic market that can't really be predicted. It absolutely WAS advice, and it absolutely WAS NOT "simple mathematics".