Given bitcoin's rise in value, what are good ways to stay ahead of the curve and be an early investor in something similar?
So it seems as if bitcoin has been all over the news and covered by the media lately. Early investors seem to have been rewarded handsomely for their early investments. With this in mind, do you think anybody realised how much they could earn? Are there similar opportunities for people to invest in these days or has that ship set sail?
So, if Bitcoin's rise in value early on was due to it's claimed anonymity for buying not so legal stuff online, then why is it still worth anything if the fact that it has public ledger has been brought to light? Why do people that have cult like faith in crypto currency believe that it's decentralised if the person using it has to use apps and services that aren't decentralised? Maybe I'm completely clueless to the fine details of some cryptos operate but it seems more like a way to guide people into believing a digital currency is a good thing and will be more accepting of a digital dollar because it's something they're used to. If the anonymity of Bitcoin was based on a lie then why is there still any faith in the system whatsoever?
Why are people 100% sure that bitcoin will continuously rise in value?
Before bitcoin and blockchain existed nobody could ever thought that this technology would be available. And because the supply of bitcoin is limited to 21 million, the value will indeed increase if demand exceeds supply. But what if they invent something that will be better than blockchain and bitcoin? Like I said, in the 90's and early 00's nobody would think that something like bitcoin would be available to us. So, maybe they will invent a new technology that makes bitcoin inferior. A type of technology we cannot imagine right now, just like the people in 1995 could never imagine a thing like cryptocurrency.
Is everybody as excited as I am about this? Let's think about what will happen if IOTA becomes a real thing
The current bear market is killing a lot of good vibes for now but let's think about the future for a bit: IOTA might fail eventually and we all lose money; thats the risk each and everyone of us has to take. But the alternative - what we are all hoping for - will be for IOTA to succeed and become a major player in how 100 Billion IOT devices will exchange value. We were all fascinated my Bitcoins rise in value, which was driven by just a few speculative investors and made early adopters filthy rich. What we have to keep in mind here, is that Bitcoin and other cryptocurrencies only have a potential user base of up to 7 billion humans. IOTA however will be used my humans AND machines, making its potential user base bigger by a tremendous factor. Any car, weather sensor, cloud computer and use cases we can't even think about yet will need some network to exchange data and value. So IF IOTA actually succeeds, it will increase its value by factors that were never seen in the cryptosphere before and we all will become insanely wealthy people. The bitcoin bubble will just be a tiny part of crypto history, soon to be forgotten and replaced by the rise of IOTA. It's a fascinating time to be allive in.
The average value of ETH transactions has been relatively flat compared to Bitcoin. The value has remained between an extreme of $800 and $1,500. The only significant surge was in the last week of August and early September. ETH average transaction value history. Source: BitInfoCharts. During this period, the average transaction value rose to a high of $2,562 on September 1 that hasn’t been ... Bitcoin has shot up in price over the last few days, reaching a six-month high of £8,685 ($11,188).. The cryptocurrency’s value had been fairly steady since recovering from the coronavirus ... In August, after the rise and fall Bitcoin price varies around $10 300. The Bitcoin dominance was below 60% for a long period (from May 2017 to June 2019). In summer 2019, BTC dominance managed to spike to 90% level. Bitcoin price history 2009 to 2019 . Among the factors which may have contributed to this rise were the European sovereign-debt crisis—particularly the 2012–2013 Cypriot ... Global stocks are continuously falling, but the price and value of Bitcoin are constantly increasing, due to pressure from some fading investors. US agreement comes next month, which is also the month of elections and everyone is looking closely at this time as another important aspect. The reason is coming back of Covid-19 again and increasing the cases all over the world. Global stocks in ... Bitcoin’s value is based on how valuable the market (the people buying and selling Bitcoin) thinks it is. Think about some of the more-physical things you can currently invest in, such as gold. The price of gold depends on its supply and demand. For example, when a new goldmine is discovered, the price drops. This is because more gold becomes available and so it is no longer as rare. So, the ...
How Does Bitcoin Vault Continue To Rise In Value 8 10
Bitcoin continues to rise in the face of all challenges: Contentious hard forks, government intervention, mindless attacks... and stagnant transaction volume... Return To Your Sponsor for more info EARN MONEY HERE: http://top-deal.pro/cryptoenter?a=ndc Coin Metrics analysts have released a report on the current situation in the bitcoin market. Exactly o... After a year marked by rallies of up to 50% and then monthly losses of similar margins, maybe we shouldn’t be surprised by a 33% gain over a period of four sessions this week? IGTV’s Jeremy ...