Bitcoin Is Magic and most people don't believe it until they see it
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Will Bitcoin Reach $10,000 by December 2017?
Over the last year, the price of Bitcoin has reached new heights. Many people never believed that it could go beyond $30,000.
But the last three months proved not only me but almost every person who thought that the price rise was just a fluke.
Many people started to invest in Bitcoin only after they saw the unbelievable price increase. What I believe is that the media is the biggest reason why Bitcoin is growing. Since the last few months, almost every top media house in the world has been talking about Bitcoin.
People who use to invest in Share Market now are pouring out their money in this crypto currency. A lot of these people do not know what Bitcoin is. I have asked a few people around me about what actually they think Bitcoin is all about and not many of them know.
Some companies are promoting their own cryptocurrencies in the guise of Bitcoin and selling them in some lucrative looking MLM program. The strange thing is that the general public is investing in them and hoping to make a huge profit.
As of now, there are at least 2-5 cryptocurrencies that are being floated around and sold in MLM programs. Although these MLM programs are reaching a broad audience and possibly teaching people, I feel that this kind of MLM programs end up in becoming scams and bring a bad name to Bitcoin and all the crypto currencies.
If you want to check Live Bitcoin Price then do visit CoinCap.io
