View Single Post
Old 02-26-2014, 09:42 AM  
Wellness Cash
Confirmed User
 
Wellness Cash's Avatar
 
Industry Role:
Join Date: Nov 2013
Location: Murica
Posts: 343
Quote:
Originally Posted by ruff View Post
In spite of the BTC price, (remember Google's initial share price?) Bitcoin is relatively unknown to most of the world population. It is getting noticed now by governments and big business. There is a momentum being generated now. There will be some regulation, but that will only legitimize Bitcoin even more. Education will let people know that they don't have to purchase an entire coin, that they can purchase micro chunks and participate as much as they care too. There have been attempts to do this with stocks although it has only happened as various types of money market funds. The ability to do so at such a low cost with little or no cost transaction fees makes this extremely attractive as not only an investment, but as a useable currency. We are at the ground floor now. Does anyone really believe that Bitcoin will not grow in value? Especially with a finite amount of coin completed by 2032? There will be other coins like Litecoin for instance, but Bitcoin will be the gold standard. People purchase things because they perceive a value. That is across the board. It is worth educating yourself about BTC. This is an opportunity that comes once in a lifetime. Take it or leave it.
Very well stated.

I think of all the cryptocurrencies currently in 'circulation' we're going to see the best momentum with BTC, LTC and DOGE as those 3 seem (presently) to be the ones that are steadily growing in both popularity and price, despite a few fluctuations here and there through no fault of their own.
__________________
Wellness Cash - Launching 2014
Wellness Cash is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote