Investor Ronnie Moas didn’t give a timeline for his prediction, but expects it to skyrocket to $400,000, presumably at some point in the near future. His reasoning is simple: “I look at Bitcoin the same way I look at Amazon. The way to play Amazon for the last 15 years was to buy hold it, and add on the dips. That’s exactly the way I think people should be playing Bitcoin.”
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So why exactly does Bitcoin increase in value? One, it is apolitical. It only means that unlike USD that is tied to the US economy, and the GBP that is tied to the recent actions of Great Britain such as Brexit, Bitcoin doesn’t have any specific economy that it is tied to. In fact, BTC increases whenever there is political instability. More people are even investing on BTC once there is a political instability.
Before anything else, it is vital that you do your own research on the matter of bitcoin investment. Prior knowledge is vital if you want to ensure that you are making the right investment decision. After all, it is your money that you are gambling on.
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First, what makes bitcoin valuable? If you will look at gold, for instance, it is valuable simply because the Earth has a limited amount of gold. The same goes for oil. Oil is valuable because the world has a limited amount of fossil fuel. For Bitcoin, there are only 21 million bitcoins around. This only means that there will become rarer as more people become interested with bitcoins. It means it becomes harder to mine.
Unfortunately for a small percentage of users, it just doesn’t seem to work. The advertiser has strict checks in place to prevent abuse, which might also include filtering by IP/location. Make sure you’re not connected via proxy/VPN.
In my opinion, the best and easiest way to earn Bitcoins is to accept them as a means of payment. If you have a small business, the integration is done quickly and easily. No matter if you have a brick and mortar shop or an online business, no matter if you sell goods or services. You just have to complete the following three steps:
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Since our last publishing of this guide, perhaps the most fun way to earn free bitcoins, Bitcoin Flapper, has gone by the wayside. The company which operated it no longer do, and appears to only operate iPhone apps with various titles that don’t seem to pay out in bitcoins. Other options in the Google Play Store have arisen to fill the void. Chief among them is the Blockchain Game. You sign up with a two-step sign-up process which involves giving over your e-mail address and then your Bitcoin address.
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