If you’ve been following the news for a whole month or so, you’ve no doubt seen a second story about bitcoin. For years, this cryptocurrency has been a favorite among fans of Magic The Gathering and those who want to get rid of chemical dependence without authorities.
However, every day bitcoins find their way to major markets and are ready to become a real alternative to public funds. In addition to all this, the “exchange” for bitcoins is constantly growing, which turns smart day traders into wealth. Could you become one of those day traders? Will your favorite online store ever accept bitcoin? Let’s take a look below so you can better understand why you should buy bitcoin now.
The exchange rate is still favorable
Most people who decide to buy bitcoin do so based on the cost of the investment. A little over a year ago, bitcoins cost about $ 40 each. Last month, the currency reached an all-time high of about $ 206, and is currently stable in the $ 100 range. Wealth was made by buying bitcoins and selling them at the right time.
The mini-bitcoin bubble burst last month, and it scared a few novice investors; but it is actually consistent. It is important to realize that every time a currency recovers, it jumps to an even greater value. He is unstable; but very profitable. Also, with the availability of a limited number of bitcoins, the value is expected to continue to rise in the foreseeable future.
New sites accept bitcoin every day
What drives this growth? This is not just speculation, it could lead to the collapse of bitcoin, like many other cryptocurrencies of the past. Bitcoin survives and continues to grow because it is actually being accepted online. Currently, this is limited to single outlets. Online clothing stores, service providers (coding, design, etc.) and other “new” products make up the majority of those who accept bitcoin so far; but they are only the first wave.
PayPal is currently trying to find a way to take bitcoin into its current model, and this could mean that eBay’s affiliate is not lagging behind. This will lead to an explosion in the use of bitcoins online. But there is also an offline presence, as the first Bitcoin ATM opened earlier this month. This week, a post appeared on the Reddit content editing site showing a store that has its own “We accept bitcoin” sticker, the only thing holding them back is the best implementation.
Bitcoin is still in the “ground floor” stage
The main reason that you should buy bitcoin is that this currency is still on the ground floor. All indicators indicate that the currency in the near future will see huge jumps in price and sales. Those who have already invested in bitcoin, and those who will jump in the near future, see a huge return on their investment.
Will you make a wise choice, or will you throw yourself for missing the next big deal?