Sign Up To BitConnect NOW: http://goo.gl/T9iNuM - What is Bitcoin and Cryptocurrency and how can you cash in on this new financial craze? In this video, I explain what Bitcoin and Cryptocurrency is and I explain why Bitcoin has been making news headlines lately. In 2009, when Bitcoin was new, the value of a Bitcoin was only around $0.08 cents! The value of a Bitcoin today is $12,701.55! Can you imagine how rich you'd be if you only invested $1000 in Bitcoin, when it was only $0.08? The recent surge in the value of Bitcoin and other cryptocurrencies has caused curiosity from investors and everyday people looking to cash in on the next big e-trend. Other popular cryptocurrencies include Litecoin, Ethereum, Zcash, Dash, Ripple, Monero & Stratis, to name a few. I've been reading stories about Bitcoin for over 5 years now and just like everyone else, I regret not buying some Bitcoin a few years back. The question now remains, whether the price of Bitcoin will continue to skyrocket or will it soon plummet. Several sources speculate that the price of a Bitcoin may be as much as $50,000 or more by next year, while other speculate that the Bitcoin bubble will burst. One thing for sure, it's new technology and usually new technology only continues to grow and advance. There was a point in time where people were skeptical to invest in major tech companies like Amazon, Netflix and Microsoft. Had you invested in any of these companies early on, you'd probably be a millionaire now. Watch this video for an easy beginners guide to learning about Bitcoin and Cryptocurrency. As I learn more information about cryptocurrency, I will share it. f you've heard of bitcoin, you've probably also heard of the technology underlying it: The blockchain. A blockchain is a global online database that anyone with an internet connection can use. Unlike traditional databases â which are typically owned by big institutions â a blockchain doesn't belong to anyone; and with an entire network of people monitoring it, cheating the system by faking documents, transactions and other information is nearly impossible. I recently learned about a website called BitConnect, which helps you to buy and sell Bitcoin, while making a profit.
Written by Prestley Snipes
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