BitCoin and Cryptocurrency Boom - best time to invest is now! (No GEEK skills needed)

in #bitcoin7 years ago

BitCoin & Cryptocurrencies - BEST TIME TO INVEST

By now everyone probably heard something about BitCoin and cryptocurrencies.
And even if you don't really understand how it really works, you should know that this technology is the foundation of the new global economic and social system and one of the possibly the best investment option currently available, with mainstream prediction for the prices reaching hundreds of thousands of dollars for each BitCoin within few years.

MAINSTREAMING

If you've heard about it from the media, you might know some flashy facts and some vocabulary, maybe you've heard that BitCoin is a cryptocurrency, a digital exchange token that can be used as money - just like paper notes can be used as physical exchange token. It has all started with one BitCoin worth LESS THAN 0.001 USD and over years has ALREADY GREW to reach over 7000USD in price (but don't worry, you can own as little as 0.00000001 BitCoin, it's digital so it can be split much further than normal money).
What's more important, is that it's value is really given by every user who commits to it and becomes part of the constantly growing independent world economy network.

RELIABILITY

The technology behind it makes it is completely transparent, tamper-proof and removes the need for any mediators or middleman (who in our current system always take fees and taxes).
Each BitCoin is identified by a serial number and there is a fixed number of coins that will be ever released, so there aren't really ways to inflate it like a bubble. Some national economies have collapesd before due to inflation.

PRODUCTION

The coins are not minted by any authority, but calculated by people using their computers and electricity to try figure out next serial numbers of the coins - because advanced mathematics are very hard and difficult it takes a lot of power and time to calculate but pays off well, this process of calculating serial number is called mining. The miners, by the effort they took to calculate the coin are the foundation of the coins value as it takes thousands of dollars of electricity for each coin to be mined.

ADVANCEMENT

The transactions are secured, because there is a full copy of all the records in all of millions of devices which are willingly part of the network. Every several minutes, all devices connect and verify the validity of all the data and based on the consenssuss of entire network of millions of independent computers, the state of truth is concluded.
This level of security and guarrantee does not exist in economy anywhere else.
It outranks any bank or national economy in simillar ways in which open market economy outranks feudal economy system.

EQUALITY

It is indiscriminate. Anyone can join, own, exchange and trade cryptocurrency.
It exists on a network called "blockchain" and anyone can join this network by installing a simple app called a "wallet". This app allows you to interact with the currency network - make any operation you could do with normal currency and way more.

AVAILABILITY

Today there are already shops and services fully supporitng and accepting BitCoin as a payment method.
There is a first company that signed contract with Visa Card Company to make BitCoin Credit Cards and make it spendable like any other currency. There are a number of projects going on using this technology which is about to flourish and reach its true potential value in just few next years.

WHAT'S BETTER

There are more people on the planet without access to modern financial systems than there are WITH access and even those who have access are all on the mercy of banking regulations, decisions, controls, fees, nasty charges and comissions.
BitCoin offers the most advanced financial exchange system to help those who don't have it today and to free the rest from unjust corporate influence.

TO START

There are few ways to get the coins, most popular are still quite costy and involve third party services who own their supply of coins or buy them off people and sell them with high fees to the masses. These services require credit card to purchase coins, as well as identity verification are nowhere near anonymous.

Another, better way is to find someone nearby who has BitCoins, meet in person, pay with cash or paypal and receive your BitCoin from that person instantly, with a touch of a screen. In this case the only requirment is a free, anonymous bitCoin wallet, which can be downloaded in many forms and variants from the internet.

The best way however, the most beneficial to the community and all of us is to offer services and products and start accepting BitCoins as payment.
Begin earning them as a currency for your work. It's way more secure than what you're getting paid with now and it is going to increase in value over time.

This is a promise - promise of benefit and profit for all honest participants.

INVESTING_NOW

If you'd like to join our community and start benefiting from constant growth of this network it doesn't take much. I have coins for sell in person for cash or paypal. 1 #BTC - 5700GBP, 1 #ETH - 270GBP. Minimum purchase 20GBP.

Contact me via e-mail or text me and I'll call you back. I have time and can travel around London, if the purchase is reasonably large.

If you'd like to buy any other cryptocurrency, I can offer any and every one of them, just let me know the name. :)

There was a recent drop in price so it's perfect entry opportunity before the correction.
It is freedom, bulletproof. Small fluctuations in price will keep on happening, but in few months / years different projects are sure to succeed and bringing incredible profit to those who supported its growth in this early stages.
With this distributed technology, each project is like a company, and the sooner you jump on board, the closer to being a co-founder you are.

Any donations are welcome
ETH: 0xd501c6edf9e9c6e65d594bc20be4a4454a731256

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I think you're right.

Also BitCoin is just first generation of cryptocurrency. Ethereum was the second generation. Altcoins with smaller updates and directing towards higher customization and specification is third generation. Fourth generation will be coins that will really change the way BlockChains are used in general.
They are still called coins, but they're more like "BlockChain based companies". Check out projects like Cardano and it's token ADA or project Verge which incredibly optimizes Cryptocurrency as a payment method compared even to BitCoin. Those are our "2011 BitCoins".

Any donations are appreciated, especially after this stuff made you some cash :)

What is your prediction about bitcoin price?

For when? In long term I'd like to think like John McAfee, that in 5 years it hits hundreds of thousands of bucks. I think 7-8k till the end of the year and steady growth after. Every day there's more users - higher demand. Technology gets developed so it's increases it's value. Every time something cracks in the current financial system people loose trust and turn towards alternatives in this psychological impact.
The only people who think it's a bubble are people who don't understand the blockchain technology.

The correction now can go as low as 5500, but it wouldn't be first time BitCoin behaves like this just to skyrocket soon after.

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