The phenomenal growth of the most popular bitcoin cryptovolta has contributed to the creation of new digital cash - althcoins. Currently, the cost of bitcoin is $5,500-6,000 per token. Just a year ago the price of one bitcoin ranged in the range of $800-1000, which is 5.5 times less than at the moment. Active demand is supported by investors from all over the world who see unlimited growth potential on which to make money. Why is Bitcoin in demand? Like gold, Bitcoin is considered a "final" resource. Currently, 21 million tokens are planned for capitalization, after which the production of bitcoin will stop. As of today, 16 million tokens are in circulation. As statistics shows, the cryptovite, in particular, bitcoin, is the best investment asset in the financial market at the moment. Phenomenal growth and limitless potential. Due to the limited number of tokens, investor demand is growing day by day. The last 5 million bitcoins are rapidly increasing in value due to each new token purchased. Internet resources are beginning to develop a service that makes it possible to pay with bitcoins. In the near future, the most popular cryptographic currency is planned to be nationalized and made a worldwide payment asset. Innovative technologies. Digital cash is based on modern solutions that allow the use of cryptovalue in any part of the world. There is no reason to reduce it. The main factors influencing the decline of the most popular cryptovoltaic currency are fixation of investor profit, as well as bad economic events - closing of exchanges in China, etc. Recently the Celestial Empire refused to trade in bitcoin and closed the leading trading exchanges. Bitcoin has reacted with a quiet corrective rollback to $3000, and is currently worth $5,700. Since the creation of the crypt currency, investors have made huge profits. Thus, investing in financial assets provides an opportunity to improve the financial situation, which attracts new investors. Financial experts believe that Bitcoin has not reached its critical point, and all factors speak in favor of the growth of this digital cash, which may soon reach $7000 per token. Despite the increased risks, investors continue to actively invest in the crypt currency, which brings a good profit. At the end of October it is planned to fork Bitcoin and create Bitcoin Gold, which, according to experts' forecasts, has considerable prospects for growth. Leading analysts note several main reasons for further increase in the value of Bitcoin: Weakening of the American dollar Since Donald Trump's inauguration as the U.S. president, the U.S. dollar has been showing weak dynamics against all currency pairs. Since the beginning of 2017, the U.S. dollar has significantly weakened its position against the euro. Due to this, investors are beginning to invest in protective assets, such as gold, and recently Bitcoin. The most popular digital cash has grown significantly due to investor fears about the dollar. Emotions of investors Most investors do not want to lose profits and invest on emotions as long as the cost of bitcoin increases. This contributes to a new wave of growth in the crypt currency. The Bitcoin Blockchain has been updated... A couple of months ago there was a software update of Bitcoin blockchain, which made a significant impression on investors. This update helped reduce transaction costs, speed up billing times and increase network bandwidth. Bitcoin-based ETF Unlike its American colleagues, Evolve Fund Group Inc, a Canadian company, has managed to launch an exchange instrument, which may increase demand among investors. In the future, the company plans to invest in ETF financial assets. Payment by Bitcoins at Amazon The world-famous Amazon service accepts bitcoin as payment. This may lead to the interest of third party internet services to introduce bitcoin as a payment method, which will increase the demand for digital cash. Regulated ICO Exchange As you know, all the exchanges present on the financial market are unregulated. Soon it is planned to launch the official exchange, where bitcoins trading will be conducted. The joint announcement was issued by Overstock and RenGen. Unlike others, the exchange will have SEC regulation (official website). Most traders and investors are likely to move to the new regulated exchange for bitcoin trading.
How do you make money on cryptovite and bitcoin?