Seeing the overall big picture is key towards visualization & predicting future trends before they happen. It’s almost like you totally knew but didn’t take advantage of the setup becausee of whatever reason. When you visualize something before you do it, the outcome of the experience always seems smoother and more delightful compared to going in blind and not knowing what to expect. Always have a solid reason backing you’re ideas, this not only make them more planned out in the long scheme of things but will also help you stay on-track. I would recommend slowing down & breath deeply to help you get oxgen to your brain for the maximum performance so understanding concepts comes by easier understand all all the answers are right in-front of you, all you have to do is… Really open your eyes and see the entire picture of what is going on not just a small perspective of where your going. Big Picture along with picking up on key indicators and trends is key. I see Bitcoin in the developmental stages before the real Boom and Bust Cycle. This trend on Bitcoin something you defiantly don’t want to miss out on. 3/3/17
Coinmarketcap is a great tool to use for finding bitcoins on the move with big volume & price action.
Poloniex is my favorite broker so far, they offer several different types of altcoins and provide the best liquidity.
Bittrex offers a wide range of altcoins to trade from.
Bitpay for a debit card, which converts bitcoins to cash whenever used to purchase.
Virwox if you’re looking to buy bitcoin using paypal.
Kraken for leveraged bitcoin trading in diverse markets.
TradingView.com is my favorite place to watch the markets real-time.
Bitcoin & Global Change
Bitcoin is a digital crypto-currency and was introduced to the public in 2009, shortly after the financial crisis of 2008. The sole creator of the bitcoin, Satoshi Nakamoto is still staying unknown for quiet reasonable reasons. Bitcoin is a digital based currency, meaning there is no physical bitcoin and it’s a decentralized currency which allows the people to take control over the money rather than the government. This is for certain, humanity is switching towards a more technologically advanced era, no longer are we separated but now globally connected with bitcoin like never before. The future of banking is clearly shifting towards a new currency with the digital era, since there’s only 21 million bitcoins ever created which makes a scarcity in the market, along with providing worldwide transactions at a low fee while staying a decentralized crypto-currency for means of exchange.
Bitcoin is one of a kind, because there were only 21 million coins ever created which generates a scarcity in the market place as demands rise for this global digital currency. The simple things really matter when it comes to making a better version of something and bitcoin has done just that. There isn’t even is comparison to how advanced and innovative bitcoins really is. A great philosopher once, said “if you don’t like the current system, make a better, or more advanced version outdating the current one.” Bitcoin’s will one day be extremely valuable every day were all surrounded by technology 24/7. I believe were in the early stages of the boom, by holding 20-50 years the returns could be unconceivable. The Federal Reserve setup a system that infinitely multiples the amount of debt since they loan out money with interest rates out of thin air. Very few people know that the Federal Reserve is a private company with private shareholders which make a profit while monopolizing the banking system. This is why there were only 21 million bitcoins ever created since it eliminates the possibility of mass amounts being created which in return devalues the currency.
Thankfully Bitcoin was created was created with the global population in mind. Bitcoin’s quickly became a mean for exchange as it was quick and easy for the global populations to use. It’s clear to see technology is all around us and becoming ever more advanced since we see it, use it, and can’t go without it everywhere we go now days. The developers of bitcoin stepped up to the plate to at just the right time back in 2008 after people were skeptical of the markets. People like the idea of a global ledger and the ability be your own bank since the feeling is fantastic. Anyone with a Bitcoin wallet can send and accept money globally almost instantly with low transaction fees. Crypto-currency meaning it’s not issued by any central authority therefore making it immune to government price manipulation. One of the things that makes bitcoin special to people is it’s accepted almost instantly worldwide by the click of a button. Usually if you’re looking to send someone money in another country, it’s a slow and tedious task since you have to pay extra fees for being overseas along with the currency conversion rate, and whatever else bank add on. Clearly the developers of bitcoin saw an opportunity to make a digital currency which has low transactions fees and can be sent to anyone in the world almost instantly.
Crypto-currencies were made without a central government deciding whether it should raise or lower the prices, ultimately the people decide. Taking control of your money by being your own bank is a revolutionary idea, no longer do we have a central government deciding what to do with prices. Bitcoin wallets are kept secure by a private finger print for each specific wallet so no one person can each have the same finger print, not to mention the wallets are often times double secured with pgp encryption which is military grade encryption which is nearly impossible to hack since its 256bit code. Our current banking system has a big flaw with how it accumulates endless amounts of debt that we have to pay for in our taxes. Bitcoin is not owned by anyone person, which makes it totally different from any fiat currency we have today. When most people hearing about bitcoin for the first time they automatically think, “It’s fake” or “It doesn’t have any actual monetary backing” since most people are undulation on the subject. Once you realize that everything is shifting towards newer and more innovative technologies you’ll understand how this can easily be the future of the way we value money. This was all due to making it the most convenient, efficient and effective mean for exchange in the meantime early on the creators realized bitcoin’s powers. In the meantime, were still in the early development stages of a boom while people for the first time decide what prices should be rather than a centralized government dictating prices. Crypto-currencies are starting to catch on globally, were clearly heading towards a more digitally advanced era and it seem bitcoin fits perfectly in that picture.
In conclusion the future of digital banking is clearly shifting towards using bitcoin’s, since there’s only 21 million units ever created making a scarcity in the market as demands rise, bitcoin also provides worldwide transactions at a low fee while being a totally decentralized crypto-currency for means of exchange globally. I have a feeling this isn’t an opportunity you want to let slip right through your fingertips, be patient and invest in the long-term and by 2050 you’ll be surprised by how fast things have changed.
Kelleher, John. “Bitcoin.” Investopedia. N.p., 05 Feb. 2015. Web. 07 Mar. 2017. http://www.investopedia.com/terms/b/bitcoin.asp
Prableen Bajpai CFA. “Blockchain.” Investopedia. N.p., 02 Sept. 2014. Web. 07 Mar. 2017. http://www.investopedia.com/terms/b/blockchain.asp
TEDxTalks. “Bitcoin for Consumers Today Paul Hickey TEDxCincinnati.” YouTube. YouTube, 08 Sept. 2015. Web. 07 Mar. 2017. https://www.youtube.com/watch?v=baHeVhAK7o0
TEDxTalks. “What the #?!* Is Bitcoin? Jeremy Rubin TEDxBeaconStreet.” YouTube. YouTube, 23 Dec. 2014. Web. 07 Mar. 2017. https://www.youtube.com/watch?v=Vzjtvt77mgc
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