Friday, October 30

Bitcoin price growth or next big peak is approaching?

Hello Money Maker!

For our industry Bitcoin clearly is nothing new and almost every project accepts it, there is even projects that exclusively accepts only Bitcoin. I’m confident that you have heard that approximately two years ago Bitcoin exchange rate grow from $10 to more than $1000 within few months. At that time countless people made great fortune. Yes, after that Bitcoin exchange rate went down and become stable in range between $200 up to $250.

What is going on in latest weeks?

Within previous week exchange rate of Bitcoin have increased for about $100. That just means that if one week ago you would have 1 Bitcoin than today if you would be able to sell it for approximately 1/3 more of the invested money. The thing is – it is getting more and more difficult to mine Bitcoin and since there is more and more users that use Bitcoin price grows naturally. In my mind price of Bitcoin is not even close to the price that it could achieve because Bitcoin advances every day. More and more both online and offline businesses start to accept it. With Bitcoin today in several countries you can pay for food, fill up your gas tank or even pay at the bar. Bitcoin is advancing very quickly and that is the reason why growth of exchange rare is just reasonable.

In my mind and judging my personal investments experience not just in the HYIP market, but trading currency in Forex platform I have come to conclusion that there is no other safer and more stable currency as Bitcoin. There is no chance that anyone could take this currency away from you, because the only owner of your Bitcoin is you and the main thing – Bitcoin is controlled by people who use it not some government or financial institution. Of course I’m not saying that if you will buy Bitcoin today, you will be in profit. Yes, it is likely to happen, but at least my personal feeling says that if you work with currency trading, then Bitcoin has clearly been the best and safest choice out there.

Attention – possible huge Bitcoin price growth.

In one week price of Bitcoin have grown by approximately 30% and I’m sure soon about that will start to talk media, not just Bitcoin related, but the one that usually do not talk about Bitcoin (for example offline news). All of that that could again generate chaos and everyone will purchase Bitcoin with hope that it again will pass $1000. Of course, there is a high chance that people will start to purchase Bitcoin in mass and then passing $1000 price per one BTC is very likely. Sure, such price will not stay like that for a long time because a big part of Bitcoin users will try to sell it in mass what will generate a collapse of price until the moment when it will become stable again. With such scenario it is possible that in a few days or few weeks Bitcoin price could collapse from for example $1500 till $500. When it will drop than price will become stable again.

Such raise of Bitcoin price is nothing that unfamiliar. If this price growth again is one similar with the one two years ago than Bitcoin price is still at a very low point. Most important thing like in every other field is not to buy Bitcoin when the price has reached a peak. When Bitcoin price will reach the peak it is difficult to say, if two years ago price grow up to $1200 than today it is possible that the price could grow up to $3000 or even more for one Bitcoin because two years ago, almost no one know what Bitcoin is and it was mainly used in the deep web, but today as I mentioned Bitcoin use global payment platforms at the internet, shops, airlines and many other businesses that think follow technological progress.

How to observe and check what is Bitcoin price right now?

I personally like to preev.com because it calculates the average price among most popular Bitcoin platforms. It works in real-time and there you can follow Bitcoin price increase.

Where to purchase Bitcoin?

If you own Perfect Money you can purchase Bitcoin with the best market rate at DavidNews.com exchanger and when your Bitcoin will grow until some given price what you want to achieve, you can later sell them back to Perfect Money also with DavidNews.com exchanger or do some other thing that you want to do with your Bitcoin. If you do not own Perfect Money you can always check localbitcoins.com and maybe there is someone locally that sells them for a price that is close to market price. If you want to purchase Bitcoin from your personal bank account, PayPal, Western Union than again the safest platform is localbitcoins.com where you will find all the closest locations where you could purchase Bitcoin.

David
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5 comments:

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