Bitcoin Price History

Understanding bitcoin price history will have several emotional results. One confusion, and two envy.

The history of bitcoin is all over the internet and media, and if you are paying attention to it you will see that this year (2017) it went from 434.46 USD (Jan 1, 2017) to 4675.03 USD (Sept 3, 2017). So thats 4240.57 USD increase in less that one year. Thats 10.76 x 434.46 USD in less that a year.

So imagine if you had one bitcoin worth 434.46 in January you would have 4675.03 of value as of this writing ,(September 2, 2017). Why did this happen? We will explore that in this article.

What Is Driving Bitcoin Price History

This whole growth is not a fluke and will continue to rise as demand and scarcity are associated with the bitcoin. This is not a Mania! This is not another Tulip Bulb mania that occurred many years ago. This is the real deal, in my opinion.

Why is it a solid place to put money? Well, lets look at few of the obvious.

  • Bitcoin is driven by demand and scarcity. Why is the demand so high? Because many are looking for a more stable currency than the fiat money that exist currently. They don’t trust governments to do the right thing with their money. Plus at some point their will be no more bitcoin so the value will skyrocket.
  • Many are predicting that will happen somewhere around the 2030’s. Not far away for a patient person, so many are hanging on to what they are buying.
  • Another reason to use it is that at some point many retailers are going to take it as currency and allow you to purchase goods and services with it. It is happing at this time and more retailers are coming on board with taking bitcoin as currency.
  • This presents a dilemma! Do you continue to purchase goods and services with current currency, and let your bitcoin continue to grow, or do you spend the higher valued coin for goods and services, and give it to someone else. The retailers want it because it trades at a higher value, and they can swap a devalued product for a stronger asset that they can hold.
  • This is a discussion for another day but think about it, you continue to use your current currency to purchase your goods and services and hold on to your valued currency and let it rise. In a macro economic world you are off setting your purchase. Think about it, in one pocket you are spending money for goods and services and in the other pocket you are holding an asset that is growing in value, in total are you gaining or losing?

The Little Guy or Gal

Here is the dilemma, how can the little guy who has small amount’s of money get into the game? Is it possible?

Now anyone can get involved with bitcoin and put small investments of money into bitcoin and get a guaranteed rate of return on capital. No longer is it on reserved for the wealthy but the small investor can not get into the game. Bitcoin for the little guy has a great advantage because they don’t have to worry about a return it’s guaranteed. They also will get the appreciation of value as bitcoin goes up.

This is a great place to put money with more and more governments wanting into the game because they are seeing the history of bitcoin.

Many people are learning how to purchase bitcoin and once that is under their belt they are off to the races. The above video link will guide you to where to learn to get information.

Now you know it, go out and have fun!

 

Easy Forex Broker Review

Finexo was founded in 2003 and since then it is very popular and award-winning trading platform currency trading market by storm. In 2004 they were white-label and Saxo Bank. They now have these rules and trade provisions of the European Union to apply. These laws, Finexo needs a sufficient number of private equity fund at any time and access to trade, and must find strict rules. This ensures the safety of our customers assets.

According to the website of Finexo’s, the company wants to do business simple and easy for beginners, so they invest in the currency markets with confidence. The path of Finexo Forex Broker Review You’ll see that some of the things that come easily even dug into problems with this trading platform.pluses include a simple registration, and even easier if you have a credit card to go to your account online to start.Non-credit card options for PayPal, Money Brokers, use Neteller, Click and Buy, Liberty Reserve and Giro Pay, and of course the transfer of the banks can also be used. The site will not overwhelm you with unnecessary information or a sales pitch, but experienced traders can be left to miss. Like most good trading platforms, the customer’s telephone and e-mail. 24-hour live chat will be to guide you on the spot.

Forex Trader platform is extremely user friendly and understandable to both beginners and experienced traders. You implement more than one click trading begins. Plus, you do not get the typical market, limit and stop orders, and after stops. Mapping shops are available as standard on the market most surfaces, but in this case does not provide many of the features. However, mobile commerce will without a fee or commission on trade, and it is good to use.

As the largest retail brokerage, a fixed margin of 3 points for 14 points Finexo buying. In other developed chassis can be adjusted futures do not exist, but rarely feels like something left.

Finexo, you can be sure that you have a bit of basic services such as daily market update via e-mail-commerce system, such as trade credits and broad trade ideas. Calendar and economic events and expectations and are released on a daily basis. At the lowest, it does not offer the advanced features of trading platforms such as webinars user forums traders to discuss with like-minded friends, training or forex news. Demo account can be opened via a site that offers some relief from beginners to practice. Another red flag is a long process of withdrawal, they do not want to respond quickly to questions and to justify it protects the user against fraud.

Make sure you read between the lines on the conditions, the expression is not to snipe your business and profits to remove this way. Overall, this Finexo Forex Broker research grants them 3 stars.