My next article is about business and finance.
Part 1
The success of the first cryptocurrency - Bitcoin, triggered the explosive effect of creating many new cryptocurrency. Species such virtual electronic money today, more than five hundred!
Source All the creators of new types cryptocurrency dreamed to repeat the success of Bitcoin. However, to repeat the success and gain a foothold in certain sufficiently high level is not easy! Many of them initially rose, but could not hold on and fell a height.
At the end of 2013 bitcoin recognized as the best investment project on the Internet. The price of one coin increased to 300 times, 000 times in comparison with the first auction!
During its six-year history bitcoin I experienced many troubles, but most importantly, with the result that the capitalization of the project during its existence has become an impressive - almost 10 billion dollars! It comes with a large margin ahead of everyone else cryptocurrency.
Bitcoin has become an internationally recognized means of payment. Some fairly serious deals are made at cryptocurrency. For example, the Internet is now possible to find an advertisement for the sale of luxury villa in Greece for $ 1.2 million for 5000, or bitcoins. Choice.
Coins BitCoin are becoming increasingly popular in many countries as a reserve currency, as a means for financial savings and their possible growth with an increase of coin demand. Everyone remembers the beginning of 2014, when the coin price reached a record high.
Not only for this purpose. For example, it is possible to exchange bitcoins for the local currency in Poland and Ukraine. And vice versa. The fact that in Ukraine, networks and payment 24NONSTOP IBOX terminals, and there are more than 4000 pieces, available for purchase today Bitcoin feature speaks volumes!
Buy an apartment for five dollars. Another story, with the opposite, in comparison with the purchase of pizza result, there was a Norwegian student Christopher Koch. In the fall of 2009, he wrote the student work on the topic of encryption. Christopher wanted to somehow revive his work with examples from real life.
His attention was drawn to a note describing the creation of some kind of encrypted electronic money, which eventually can be used for payments for goods. The theme seemed to him interesting enough to talk about it in his student work.
In order to understand the subject more deeply, he acquired for the sum of 150 NOK 5,000 bitcoins. Then the money was equivalent to $ 26.6, that is, one coin was worth 0.532 cents.
Student work was successfully defended, and Christopher soon forgot about this transaction.
It took three and a half years. In the spring of 2013, he read in a newspaper of record growth rates in the bitcoin coins.
Christopher, of course, thought of buying old coins and decided to ask what was the price of bitcoins. What were his surprise and delight, he found that the market value of the coins it has reached $ 886,000! That is, each coin has reached its price $ 177! Growth in over 33,000 times!
He quickly freed from the virtual coin, drawing them into real dollars. Acquired a luxury apartment in the center of Oslo, and started to live in grand style. Wealth itself literally fallen into his hands.
Legend of the uncertainty of investors.
Here is the story of the arrival of a new perspective biznesinvestora cryptocurrency. One day in 2010 his friend, also a businessman from England, offered to buy bitcoins by 3 cents per share. I had to consult with fellow experts, understanding in this area.
Based on these consultations, he came to the conclusion that all this - complete crap! At the time, he refused to buy bitcoins. Soon, the Englishman received a new offer to buy, but the price of 50 cents per coin. Our investor and this time without thinking refused.
A month later, the theme again "came" to our hero. At this time, the price was $ 10 per coin. As an Englishman noticed that the price increase coin counting from the first sentence, was 333 times, this fact has started to cause some interest. And yet a couple of days a bitcoin was worth $ 35.
Then our hero finally decided: we must take! I gather up $ 35,000 to buy 1000 coins, and reported it to his English friend. At this time, from England came the news that bitcoin began to fall and is already only $ 11 per coin. Our hero is simply reacted - he spat on the undertaking and refused to participate in such an adventurous project.
The next call was from England on the new value of Bitcoin, which reached $ 200 per coin! Our hero thought that such a high price is unlikely to be continue to increase, and decided that his train was gone, and the subject has closed for good.
And a year later the Englishman boasted that he had sold half of his bitcoins at a price of over $ 1000 per piece and earned on this transaction of $ 23.5 million at the start-up costs 40 000 $. The result is impressive any businessman! But our hero was a wonderful lesson in motivating the future to study more deeply the theme proposed for investment and will make their decisions!