Bitcoin Accepted by Amazon te 2018?
Bitcoin Accepted by Amazon ter 2018 ?
Overstock.com one of Amazon&rsquo,s largest online competitors&rsquo, has bot accepting Bitcoin for several years now. Many Bitcoin investors are chomping at the bit anticipating the Feb Two nd conference call from Amazon. Their hope is that Amazon will announce it will begin accepting Bitcoin spil a payment option.
If a powerhouse like Amazon.com announces it accepts Bitcoin it could possibly cause Bitcoin&rsquo,s price to skyrocket up 20%- 30% ter a day and could entice hundreds of thousands of fresh Bitcoin investors to quickly sign up with www.CoinBase.com .
Cybersecurity legend John McAfee predicts Bitcoin could kasstuk $1mil by 2020. Boy wij all hope he is right.
The main thing to reminisce with Bitcoin is the maximum number of 21 million coins that can be mined and produced. The number can&rsquo,t be enhanced like corporate stocks can. Companies are permanently issuing fresh shares thus diluting their current shares. Bitcoin is different, it has a finite number of coins which can be mined and thus sold. Bitcoin ter reality is many times more zonderling then gold & diamonds. Today 1 Bitcoin sells for almost 10x the price of an ounce of gold. Some people predict te a year or two Bitcoin could sell for 50x &ndash, 100x the price of an ounce of gold, and if it does then Bitcoin will be selling at $60,000 to $120,000 each.
The 2nd thing for potential investors to reminisce is don&rsquo,t let the current seemingly high $11,000 price scare you from investing. Months from now you may look back and realize $11,000 wasgoed actually a bargain. Some experts suggest that even if you can&rsquo,t afford to buy a entire Bitcoin you can always buy a fraction of a Bitcoin. Buying 1/Ten of a Bitcoin will only cost you about $1100 and that 1/Ten of a Bitcoin could possibly be worth $6,000 or $12,000 te the future.
Recall only buy with what you can afford to totally lose. Most people should invest no more than 5% – 10% of their savings te a high risk investment like Bitcoin. Several so-called financial gurus think Bitcoin is a bubble that will inevitably burst, and burst it may but it could klapper $50k $100k or $1mil before it does and thus produce many cryptocurrency millionaires ter the process. Either way block-chain is here to stay!
Years ago gold & silver prospecting and mining used to take shovels and getting your arms dirty, today cryptocurrency prospecting and mining can be done with a desktop rekentuig, laptop or a smartphone.