There is a storm in progress. This storm started in 2007 when Satoshi Nakamoto came up with the idea for Bitcoin.
In 2010 a guy paid for his pizza using Bitcoin to become the first person to make a Bitcoin transaction for an everyday product. The pizza cost around 10,000 Bitcoin. Do the math for an average priced pizza at that time and you find that one dollar bought you a lot of Bitcoin.
How much would you pay for the same pizza today with Bitcoin closing in on $15,000. per coin? Easy… it would be a pizza worth 1.5 million dollars. All in less than seven years.
The good news is no matter how high the price of Bitcoin goes the opportunity to take a small amount of money and turn it into a very comfortable retirement account or more is still the same today as it was when 1 BTC cost less than a dollar. The “why” part of that statement would take a while to explain but it has to do with the numerous new coins being produced on a weekly basis.
On one hand this is a good thing but on the other hand it is bad.
Lots of new coins, exchanges, groups, and clubs springing up and some are worth while to study and get involved with and others are nothing more than a scam.
I have very little experience in doing coin deals but what I do have is a brain that works like a sponge to water. I have spent upwards of 300 hours study time on the entire subject without spending a dime on coins.
Like anything new, there is a learning curve and those who are willing to learn the details are being rewarded with life changing money that is recurring on a weekly basis.
When I was introduced to MLM and network marketing in the mid 90’s I learned a lot about marketing and also attitude but the most important lesson I learned was if you want to be successful in something new you find the people who are already making it work and you copy what they are doing.
It worked in mlm and it is also working with “coinage mining”.
Personally I am somewhere in the middle of that curve as I absorb as much about coinage as possible. Things are about to get interesting next month when coinage is introduced to the futures market. There are different opinions about the effect this will have on both coinage and the markets and only time will tell but if you are already gambling on coinage and understand how they work then I believe there will be huge gains to be made over the long haul.
It is funny to watch all the so called experts on the financial TV shows like CNBC and Fox Business as they talk about Bitcoin as if it is a stock pick or a bubble. It makes me wonder if they are really that ignorant or if they are being told to downplay it on purpose. Either way it seems the topic of coinage has gone from being mentioned once or twice a week to being an everyday subject. The same is true on the internet on sites that used to be against it that are now touting it as the next great thing.
I started a private Facebook group on the subject which you can find here …The CC Club . Even though it is a new group we have attracted quite a few very knowledgeable people and been introduced to a plethora of great information along with a few good opportunities to be involved in a group setting. More people = more profits for everyone.
I am excited about the future of coinage and look forward to the possibility of creating life changing wealth in a short period of time.