Bitcoin is doing to the money market what emails and chats did to those traditional means of communication like letter writing. Just the same way one would now opt to send emails, stream movies, or download songs, instead of actually going to buy those CDs or sending letters, bitcoins have become the faster and easier means of exchange online.
Imagine having so much money, like the type you are going to be making from Zarfund- the scheme we are introducing to you, and yet being in full control of this money from the comfort of your own house!
Also, in addition to being faster and cheaper, bitcoins are more secure and not subject or susceptible to change or variation in value except for an unprecedented upward rise in value in the last six years. So that if you had $100 worth of bitcoins in October 2009, you would have been $75Million dollars richer today!
The market value for 1 btc was 1 cent in 2010. This value rose to a whopping $240 in October 2015. And by October 2016, 1 btc was valued at $750+. As at January 7, 2017, 1 btc value was $917.50! And in 3-5 years from now, the value is predicted to be around $10,000.
What does it all mean? This only suggests that the value keeps increasing and that is the only reason organizations like Dell, Shopify, Microsoft and more than 750,000 businesses worldwide accept Bitcoins as a form of payment.
Most experts and economist agree that BTC value is going to keep increasing because of scarcity. This is because every 4 years there is halving in supply.
Just want to correct your typo here, I guess it was just a typo. Bitcoins price during January 7 was not $917.50 but $1100, and we are hoping that years from now, bitcoins price would be much higher that its last price. Well, the bitcoins price is always increasing because its population is increasing everyday. Many people are turning themselves on doing bitcoin rather than to do things that has no sense at all and just a waste of time.
And BTC demand is always increasing and this pushes the price up. Also there is a limit of 21 million of Bitcoins that will ever be produced since production started in 2009. This makes Bitcoin to experience deflation as opposed to inflation which is experienced by paper money.
Again, its uses extend beyond the peer to peer payments.
In many places, bitcoin is less volatile than the local currency so some use it to store value while others use it to consume at hundreds of thousands of vendors across the globe and online.
In fact, it can be safely said that bitcoins have become the golden ticket for investors to hedge their investments away from traditionally manipulative and unfair market structures.
By now, if you have not already invested in bitcoins, or still having double minds about it; know that you are already missing out big time. Be convinced that investing in bitcoins would be the smartest and biggest investment move of your lifetime!