Tuesday, May 13

Is Bitcoin new main currency?

Hello everyone,

I can say this for sure - Bitcoin is the next main HYIP currency. Even some rusty admins still does not get what kind of advantages Bitcoin can provide I see that smartest investors are already making huge profit by investing with Bitcoin.

Today the best HYIPs are already accepting Bitcoin, and accepting them not just with some manual "processing", but mostly all the payments are carried out via API and your Bitcoins arrive in your Bitcoin wallet almost instantly.

The biggest pro of Bitcoin is that Bitcoin is decentralized, basically it means that Bitcoin is not controlled by any governmental institution and they can't just close it down. Today I see that more and more investors use only Bitcoin, becasue it is easy to purchase it and you can make transfers with Bitcoin an easy way.

If current HYIP industry will more towards Bitcoin payments it will be able to grow as big as it used to be. The biggest slowdowns and crisis for the industry has happened in the moments when some governmental institutions shut down some e-currency. With Bitcoin it just technically impossible to shut it down and it will not happen because Bitcoin does not have borders and limitations.

Already now from my down-lines I see that approximately 30% of DavidNews.com readers use Bitcoin. It is a big amount of people because even before half a year no one really understood what Bitcoin really is. One more reason is that regular e-currencies are moving away from US market like it happened with Perfect Money and EGO Pay, people from US just do not have any other option as to use Bitcoin what is widely growing popularity all the time.

If you use Bitcoin it is also safe for You like HYIP investor, there is no risk when some three letter US institution will just close it down and You like innocent user of payment processor just loose all your money like it happened with e-gold and just year ago with Liberty Reserve.


I'm sure most of the HYIP admins still live in past and think that Perfect Money, EGO Pay and other "standard currencies" is the future. I'm sad to say that they need to open their eyes and see that world is changing, if they will not be able to change their habits they will die out with process of natural selection. Maybe it is not that bad because we clearly need just professional admins in this industry, not old-rusty ones.

In the Get E-Cureency section you will find easy way how to purchase Bitcoins.

David
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3 comments:

  1. Nice article David! Love your blog!

    ReplyDelete
  2. Bitcoin also has it's downsides since it's not a stable currency. Lately, things have been better but not long time ago we all saw BTC droping from $1400 to $450 pretty fast and you can't say that buying BTC/using BTC for hyips at that time was a smart thing to do. Let's not forget that China and now Russia, are against BTC.

    ReplyDelete
  3. Yes, I totally agree that floating exchange rate is "pain in ass", and the exchange rate dropped A LOT, but I'm talking about the use of Bitcoin in general, because it truly can help accelerate this market and I'm sure that you understand it very well :)


    About that China and Russia thing - you see even governments are against it people still exchange and use it, to shut down the Bitcoin market you should shut down the internet, is it possible? I do not think so.

    It is the same with Perfect Money is US - countless people still use it just by using VPN, but of course regular people do not know how to use VPN, so Bitcoin is the best option for them.

    ReplyDelete

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