In a week where arguably the biggest decision in Bitcoin's short history went AGAINST Bitcoin, it is ASTONISHING to see that its valued in the past 7 days has ONLY dropped by 2.67% !!! On Friday 10th March 2017 the SEC released its decision about the Bitcoin ETF..... They rejected it. As expected, this caused the price of Bitcoin to PLUMMET !! The SEC waited until the New York Stock Markets had closed for the day before releasing the news (just after 4pm EST or 9pm GMT) Here is the full report from the SEC... https://www.sec.gov/rules/sro/batsbzx/2017/34-80206.pdf It was no surprise that the ruling went against the Bitcoin ETF. The principle reason given by the SEC was due to the lack of regulation surrounding the world of Bitcoin. It can clearly be seen on the graph the moment in time when the ruling was announced! With an astonishing, yet expected, sharp fall in the price of Bitcoin. What was maybe not to be quite so expected was the recovery in the Bitcoin price. To me this clearly shows that the world sees a future with Bitcoin in it, regardless of any acceptance from the constitution. If you still do not own any Bitcoin then I recommend purchasing at least 0.1 of a Bitcoin sooner rather than later as I only see the price going up further..... I took advantage of the price crash immediately after the news was announced and bought some more Bitcoin at what I believe will be the lowest price we will ever see it at again.....
The easiest way to make a purchase is with Coinbase as they accept card payments. Use this link to receive £8 of FREE BITCOIN when you purchase at least £80 worth of Bitcoin.... www.coinbase.com/join
If you would like more information specifically about Bitcoin then visit my news channel for regular updates....
If you would like to purchase some right now then all you have to do is visit Coinbase, who are one of the worlds leading exchanges for Bitcoin currency.
Think of it as no more than visiting your travel agent's website and purchasing some currency for going on holiday. It really is that simple. If you currently do not own any Bitcoin then I strongly recommend making a minimal purchase right away. With only 21 million Bitcoins to ever be in circulation, even owning 0.1 of a Bitcoin (costing just over £100 today) would give you a significant shareholding in the Bitcoin world. If the 21 million Bitcoins were to be shared out equally among all citizens alive today then each person on the planet would be entitled to just 0.003 of a Bitcoin. So if you would like to own 33x more than your "fair share" of Bitcoin then use this sign up link and you will also receive an additional £8 worth of Bitcoin for Free.
This price of Bitcoin is currently soaring as investors speculate about the upcoming decision (due by 11th March 2017) about Bitcoin being accepted into the ETF.
It is not known, and by many doubted, that Bitcoin will be accepted, but this is not stopping the price for continuing to rise to record highs.
If it is decided that Bitcoin will be accepted as an ETF then the price could double in no time at all.
The ETF (or Exchange Traded Fund) is essentially a stock market where people can buy and sell the currency in large or even very small volumes. Meaning Bitcoin would become easily accessible to the mass market.
For a more detailed explanation about the ETF visit this page....
Currently, anyone wanting to profit from the price movement of Bitcoin would have to physically purchase some Bitcoin. While this is not at all a complicated task, it is enough to put off your traditional "stock-market" investor.
I WANT SOME !
If you would like to purchase some right now then all you have to do is visit Coinbase, who are one of the worlds leading exchanges for Bitcoin currency.
Think of it as no more than visiting your travel agent's website and purchasing some currency for going on holiday. It really is that simple.
Once you have made your purchase, you can just leave your Bitcoin in their online wallet and watch its value grow.
If you would like to get started then why not purchase $100 worth today, using this link, and you will receive a joining bonus of $10 straight away....
Just like a travel agent, if you want your money changing back into your local currency again then they will do that for you. It really is that simple.
If you would like more information specifically about Bitcoin then visit my news channel for regular updates....
"But there will come a day when people look back at this moment in time and wish they had invested everything they had in Bitcoin!"
Today 1 Bitcoin (or BTC) is worth $1,180
This charts shows how much Bitcoin has increased in value over the last month alone.....
(Information taken from Coinbase on 27th February 2017)
Yes that does say 30.28% !! (and yes that is in 30 days)
It's crazy times that we live in and everything is changing, the world is changing, dramatically!
But before you go out and sell your children for Bitcoin, my advice is to educate yourself as much as you can about it.....and you are in the right place to do just that......
Here is a concise explanation from the Guardian newspaper.....
(Published June 2014 when Bitcoin was valued @ $600)
In the video it refers to people losing all their money due to Bitcoin - be warned! Do not think of it as a "Get Rich Quick" investment, but rather a very long term investment, like Gold. This price of Bitcoin is insanely volatile, moving in value drastically and in huge amounts, much much more than any traditional currency ever could (except for Sterling on the day of Brexit). So with Bitcoin consider that any day could be a Brexit day! No one can tell if or when it may plummet or shoot up in value. But the one thing that the past 4 years has told us is that on the whole it goes UP in value.....
This chart shows the value movement in Bitcoin from 30th January 2013 to 27th February 2017.
Note that the red dot on the graph was June 2014, which is when the Guardian Newspaper did their short video about Bitcoin.
Anyone else wishing they bought £1,000 worth at the start? Me too, that would be worth over £120,000 by now!
But who knew? And who knows now?
The answer is, no one can predict the future, but one thing I do feel sure about is that the world is changing beyond anything any of us could have imagined, and I'm willing to speculate right now that Bitcoin really will be the future of the global e-commerce and trade.
Are you wondering what happened to cause that steep fall in value that can be seen on the chart?......
Chinese Government Bans Financial Institutions From Using Bitcoin - December 5, 2013
Bitcoin value: $1,022.37
Bitcoin value 10 days later $839.93 (17.8% drop in value)
Putting its first restraints on Bitcoin's surging popularity, the People's Bank of China declares Satoshi Nakamoto's novel invention not to be a currency. The policy change prohibits any financial institution to trade, insure, or otherwise offer services related to Bitcoin. Over the following weeks, further restrictions slowly strangle the Chinese cryptocurrency markets, as exchanges repeatedly try to find innovative, lasting ways to stay in operation, and prices around the globe sink dramatically.
Following this event...... Over 60% was wiped off the value of Bitcoin in just 4 months!!
(December 2013 to April 2014)
It took exactly 3 years before Bitcoin recovered to its previous peak value of December 2013 ($1,022).
There have been various events in Bitcoin's short history which have had effects on its price and I encourage you to review this website which lists all major ones....
Here is an explanation of how Bitcoin actually works in practice.....
If you would like to know more information about mining Bitcoin then click here (coming soon).
How Do I Get Some? The quickest and easiest way to purchase Bitcoin is using Coinbase If you use this special invitation link then we will both receive $10 of FREE BITCOIN when you purchase your first $100 worth. www.coinbase.com/join The sole reason for me using Coinbase is that you can purchase Bitcoin instantly using a bank card.
The alternative is to send money via a bank wire, which is more time consuming to do as you will have to go to your local branch to request the transaction (as its to international bank accounts), and of course you will then have to wait roughly 5 working days for the money to clear. I am going to research all of the best methods for purchasing Bitcoin and update this page accordingly. In the meantime I have prepared this guide to purchasing Bitcoin using Coinbase (its very straightforward).... (www.comingsoon.com)
More Info?If you would like me to cover anything else then please leave your comments below. For now I will leave you with some more interesting videos about Bitcoin....
Why You Should Buy Some Bitcoin ASAP !
After listening to this guy talk I feel I would be doing you an injustice if I didn't strongly urge you to go and purchase even just $100 worth of Bitcoin RIGHT NOW If it goes up 10 fold and you miss the boat then you'll kick yourself for missing the change to make an easy $900 profit Clickbank is the quickest and easiest - go do it now! Use my link and make an immediate 10% ROI on your $100 purchase..... www.coinbase.com/join
