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4

BTC Domination prediction

How many BTC do you have today? Read more in this post…

Get some BTC here >>>


The first investor in Snapchat (Jeremy Liew Getty) thinks each bitcoin could realistically be worth $500,000 by 2030 — Here’s how…

(Jeremy Liew Getty)
Bitcoin has been the top-performing currency in the world in six of the past seven years, climbing from zero to a value of about $1,190.

But the cryptocurrency isn’t anywhere close to its potential, according to Jeremy Liew, the first investor in Snapchat, and Blockchain CEO and co-founder Peter Smith. In a presentation sent to Business Insider, the duo laid out their case for why it’s reasonable for bitcoin to explode to $500,000 by 2030.

Their argument is based on increased interest in bitcoin, thanks to:

Bitcoin-based remittances

Remittance transfers, or electronic money transfers to foreign countries, have almost doubled over the past 15 years to 0.76% of GDP, data from The World Bank shows.

“Expats sending money home have found in Bitcoin an inexpensive alternative, and we assume that the percentage of Bitcoin-based remittances will sharply increase with greater Bitcoin awareness,” the two say.

Uncertainty

Liew and Smith said increased political uncertainty in the UK, US and in developing nations would help elevate the level of interest in bitcoin.

“We believe Bitcoin awareness, high liquidity, ease of transport and continued market outperformance as geopolitical risks mount, will make Bitcoin a strong contender for investment at a consumer and investor level,” the two said.

Mobile penetration

Liew and Smith believe the percentage of non-cash transactions will climb from 15% to 30% in the next 10 years as the world becomes more connected through smartphones. There’s only a 63% global smartphone penetration and the total number of smartphone users is expected to soar by 1 billion by 2020. GSMA, a trade body that represents the interests of mobile operators worldwide, believes 90% of these users will come from developing countries.

This will make it possible for nearly everyone to have a bank in their pocket, and that should provide a boost for bitcoin as well. Liew and Smith say bitcoin could account for 50% of all of these transactions.


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Here are the basic model drivers that Liew and Smith used:

  1. A bitcoin price of $1,000 in 2017.
  2. That network users will grow 61x from now until 2030. “Put another way, we need a population of bitcoin users around a quarter of the Chinese population (or 5% of the global population) in 2030 to see bitcoin at $500k,” Liew and Smith told Business Insider. Bitcoin’s user network grew from 120,000 users in 2013 to 6.5 million users in 2017, or about 54x, and this could be just the beginning. Growth of that magnitude would produce 400 million users in 2030.
  3. The average value of bitcoin held per user hits $25,000. “As institutional investor cash in Bitcoin, sophisticated investors trading Bitcoin, and Bitcoin-based ETFs proliferate, we think the average Bitcoin value held will increase to around $25k per Bitcoin holder,” Liew and Smith said. Currently, with a market cap of $16.4 billion, and 6.5 million user count, the average user holds $2,515 worth of bitcoin.
  4. Bitcoin’s 2030 market cap is decided by number of bitcoin holders multiplied by average bitcoin value held.
  5. Bitcoin’s 2030 supply will be about 20 million.
  6. Bitcoin’s 2030 price and user count total $500,000 and 400 million, respectively. The price is found by taking the $10 trillion market cap and dividing it by the fixed supply of 20 million bitcoin.

It’s important to note that a lot could go wrong, too. News surrounding bitcoin has been rather negative as of a late.

China, which is responsible for nearly 100% of trading in bitcoin, has been cracking down on trading. The three biggest exchanges recently announced a 0.2% fee on all transactions, in addition to blocking withdrawals from trading accounts.

Additionally, the US Securities and Exchange Commission rejected two bitcoin exchange-traded funds, and will make a ruling on another one in the future. It’s not expected to be approved. However, Smith thinks bitcoin is still in its early stages.

“The SEC’s ruling wasn’t a surprise to us,” he told Business Insider. “We know that getting this sort of approval is going to take (a potentially long) time,” Smith said. “In the meantime, bitcoin is already simple to buy and hold and, as the asset continues to mature, we’ll continue to see an increase in the development and deployment of surrounding products.”


The average user holds $2,515 worth of bitcoin today. = approx 2 BTC

Buy BTC here instantly >>>


(Markets Insider)

And while bitcoin hasn’t been granted regulatory approval here in the US, it is catching on elsewhere. On April 1, the cryptocurrency became a legal payment method in Japan.

Another threat to the future of the cryptocurrency is that developers are threatening to set up a “hard fork,” or alternative marketplace for bitcoin. This would result in the split of bitcoin into bitcoin and bitcoin unlimited. However, Smith says not to worry.

“Bitcoin has strong economic incentives to prevent this,” he said. “If the last two years of healthy contention and debate lead to a conclusion, it’s that Bitcoin is incredibly resilient and stable. In fact, the bitcoin Blockchain has operated for 7+ years with no downtime, a feat no other back-end system operating at this scale can claim.”

Anyone interested in bitcoin should also know that the cryptocurrency sees violent price swings that are uncommon among the more traditional currencies. Bitcoin rallied 20% in the first week of 2017 before crashing 35% on word China was cracking down on trading.

The cryptocurrency has regained those losses, and trades up about 25% so far this year.


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7

Make some cryptocurrency with Coinbase and bitcoins

Help grow the digital currency community and earn free bitcoin.

Using digital currency is more fun with friends! You can invite your friends by sharing the provided link. Once your friend buys or sells $100 USD ($133) of digital currency or more, you will both get $10 USD ($13) of free bitcoin.

Bitcoin revolution is not finished yet!

Do you remember how you procrastinated with the first cryptocurrency – BTC?

And now, 1 Bitcoin equals 1,224.05 US Dollar (predictions by the end of 2017 are between $1400-2000 USD:  http://www.coindesk.com/what-will-the-bitcoin-price-be-in-2017)

Don’t make the same mistake again!

Invest in bitcoins. It’s still not too late!

INVITE FRIENDS AND GET FREE BITCOIN.

Invite a friend who buys or sells $100 USD ($133) of digital currency or more, and you’ll both earn $10 USD ($13) of free bitcoin!

Where to buy instantly, just 5 sec! Open free account with Coinbase.

Coinbase is the world’s most popular way to buy and sell bitcoin and ethereum (the latest technology in digital currency and mining).

Can you see a perspective? $100 (in BTC) can bring 30-50% by the end of 2017 (nobody knows the real number!)


Mega-investors Warren Buffett, Bill Gates, George Soros, and John Paulsen are all running from the supposedly “strong” U.S. dollar like scalded dogs before it’s value is stolen right out from under them.

It is vital you act on what these billionaires, a former Federal Reserve Chairman, and even a past Treasury Secretary are already preparing for.

It’s a horrible but still little-understood truth:  The U.S. dollar is on a steady downward death spiral from carefully hidden inflation.

This stealth inflation continues to slash the buying power — and steal the value — of millions of unsuspecting Americans’ life savings.


What Will the Bitcoin Price Be in 2017?  Check here >>>


Analyst John Williams of the remarkable “Shadow Government Statistics” cites credible evidence of almost 10% inflation rate instead of the government’s reported sub-2% rate. He notes, “The basic elements for a dollar collapse and an eventual hyper inflationary environment in the U.S. remain locked in place.”  Take a look at this chart.

Notice that in the 1980’s the blue and red lines were almost the same. Then since about 1988 they gradually come farther and farther apart. The blue line is what you are actually experiencing; the red line is what the government would have you believe.

If the inflation is 2% or less (as we are told), why does every trip to the grocery cost so much more than it did last year?

Hard Times Ahead if You Are on A Fixed Income and Unprepared.

Why would I use bitcoin?

Bitcoin allows you to instantly send any amount of money to anyone in the world without needing a bank. It allows you to access your money without needing an ATM or credit card – bitcoin gives you back control over your money. Plus you can pay friends back for dinner, buy your next computer, and donate to charity, all using bitcoin.


Where can I spend bitcoin?

Many large online businesses accept bitcoin, such as Overstock, Expedia, and Dell. Non-profits such as Wikipedia and the United Way also accept bitcoin donations. Look for a bitcoin payment option at many of your favorite websites and you’ll be surprised how many accept bitcoin! You can view a list of merchants here.

Do yourself a favor buy some more BTC!



How to get 10,000 subscribers to your list in 90+ dayslearn more >>>


Cryptocurrency and Bitcoins is the train to future.

Start collecting bitcoins right now here >>>

The Great Inflation Deception: Bureaucrats and Bankers are Burgling Your Money 

(article posted by J.Sloan)

Here’s What Buffett, Gates, and Soros are Doing Right Now to Protect Themselves.

Mega-investors Warren Buffett, Bill Gates, George Soros, and John Paulsen are all running from the supposedly “strong” U.S. dollar like scalded dogs before it’s value is stolen right out from under them.

It is vital you act on what these billionaires, a former Federal Reserve Chairman, and even a past Treasury Secretary are already preparing for.

It’s a horrible but still little-understood truth:  The U.S. dollar is on a steady downward death spiral from carefully hidden inflation.

This stealth inflation continues to slash the buying power — and steal the value — of millions of unsuspecting Americans’ life savings.

Let me bring you up to speed. Unlike the inflation-ravaged 1970’s, today’s official government statistics have been systematically gutted.

This cover-up conceals what many U.S. retirees and even the young folks already suspect or sense: “My dollar doesn’t seem to go as far as it used to.”

Hidden inflation is a threat to your future comfort, big time! It means ANY investment you have is worth less than you think. It also reduces your future ability to pay for fuel, electricity, food, health care, and other basic daily needs. And it is especially merciless to people who assume they can live comfortably on a fixed income.

Analyst John Williams of the remarkable “Shadow Government Statistics” cites credible evidence of almost 10% inflation rate instead of the government’s reported sub-2% rate. He notes, “The basic elements for a dollar collapse and an eventual hyperinflationary environment in the U.S. remain locked in place.”  Take a look at this chart.

Notice that in the 1980’s the blue and red lines were almost the same. Then since about 1988 they gradually come farther and farther apart. The blue line is what you are actually experiencing; the red line is what the government would have you believe.

If the inflation is 2% or less (as we are told), why does every trip to the grocery cost so much more than it did last year?

Hard Times Ahead if You Are on A Fixed Income and Unprepared

This is all part of War on Cash. However it is part of the ‘war’ that you cannot easily see. Just as with a sniper in a regular shooting war, you cannot see him, but you may soon be killed anyway.
Although you can’t easily see the inflation, the prices will kill your wallet anyway.
There are four ways to protect yourself – and ultimately you need some of each of the four.
They are physical gold and silver (NOT stocks or futures contracts), crypto currency, and cash (money in the bank or savings accounts is NOT cash).
What can we do?

Open bitcoin (or crypto currency wallet and keep some funds in cryptocurrency). If you didn’t have done yet.

BTW – If you do not have any current Bitcoin processor account, there is an easy way to start.
The one I have used for a while – and like – is CoinBase, but there are others if you prefer. Joining is as simple as it is for the other processors you are familiar with. A nice plus with CoinBase is that if you join with an initial deposit of $100 or more, they will give you a free $10 extra.

1) Open wallet with Coinbase here >>>
2) Join AutoBitcoins Builder here >>>
 
 

There are many crypto type programs popping up all over nowadays. Unfortunately most of them will be gone within a few months. You have to be very careful. Bitcoin type programs are like the wild, wild West in the late 1800’s. Fortunes were made, but many went broke.
Same today. The one, mentioned above, is working now. I will recommend some more in the next posts.
Either of these program take very little time – almost “set and forget”. No surfing, no clicking, no hassles. So you can grow your Bitcoin stake while you are busy doing other things – or just loafing.
Whichever way you go, you need to grow your stash of Bitcoins.
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