I do not know how to tell you this, but
when Bitcoin first became on the public spotlight, Andreas Annapolis
Explained that the Dollar meant nothing. Bitcoin as all other
Cryptocurrencies are backed by 100% Math. It does not matter, nor
will it ever matter the price of Bitcoin.
Let me tell you how the real value is
done for a crypto coin. If the miners are making a profit, they will
continue to mine the coin. If the coin has businesses either over the
internet, or in person that accept the coin, the currency will
continue to rise in value because of the law of supply and demand.
So with the end statement to this, If
you mine and use the coin the value will rise period. You do not need
to invest money, because in an Unpredictable market why would you?
Now, let us talk about something here.
Bitcoincash at this time has overtaken Bitcoin on the blockchain as
smaller transaction fees, Faster sending and receiving time, and
Bitmain even accepts Bitcoincash as payment. Now that puts a market
for the coin. So let us say that Bitcoin devalues down to $200.00,
Bitcoin cash will rise because a major miner company uses it as
payment which keeps the currency flowing so let us do something
drastic in this example, just because it is fun to show how dumb
people are. Let us say for example that Bitcoin goes down to $1.00,
but Bitcoincash rises to $5,000 a coin because major miner producers
only accept Bitcoincash. So you want to trade your bitcoincash to
bitcoin to put on your debit card. Bitcoin is only $1.00 in this
example so when you trade the bitcoincash you will have 5,000
bitcoins. How easy was that. Cryptocurrency is by math, not by coin.
If you mine the darn coins and stop investing worthless money you
would actually get an education in the world of cryptocurency.
Mainstream, FAKE NEWS, Media are not
very educated. Most probably did not even pass basic algebra. Why
would you listen to anyone that has no math skills or understanding
of bitcoin, or cryptocurrency to give you information on it? Would
you go to a casino pit manager and ask him how to fix your car? Of
course not, you would go to the horses mouth, the car mechanic and
get that information. So why would you listen to CNN or anyone else
that has no knowledge on this subject. Math is the only factor you
can trust. Math will give you the facts. Math will show you what is
happening.
If you like the information feel free
to patronize our Cryptoshop and purchase anything with your favorite
cryptocoin.
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