Can a single cryptocurrency in bitcoin (BTC) make one a millionaire???
Can a single cryptocurrency in bitcoin (BTC) make one a millionaire? Yes! It can…
Hi Steemians, this is a personal submission on cryptocurrencies and the values they hold now and future to come.
Now, listening to various speculations and experts in the cryptocurrency world and knowing the massive potentials rise in recent days in the digital market with more and more ICOs coming up, BTC holds the great deal.
Beyond this great deal of BTC, if one can produce (nay mine) coins that will increase in value in quick time frame based on speculations and advice from experts in the crypto-currency world, you can be a millionaire in no distance time.
Of cause we witness the most recent rise in BTC between $4500 to $4800 fluctuations trying to break the $5000 barrier against all odds. Re: if it hits the $10,000 benchmark by December 2017 which by expertise it should, owing to the fact that the blockchain technology are on all round the clock experimenting a better transaction processes, you are on your way to millions just by owning a single cryptocurrency in BTC.
All you have to do is to dig deep and start mining coin like bitcoin (BTC), ethereum (ETH) and even steem (SBD) which you earn by resteeming, upvoting, commenting etc.
Having said this, let’s move to what is meant by barrier chain and the blockchain technology and how does this play in the crypto-currency and digital coin market.
The Barrier Chain is simple, when the market demand is high just as in the case of BTC, mining comes in great demand too. So new borders are broken even without encroachment then we see that sharp increase in coin values taking place almost immediately.
Blockchain Technology: the blochain technology in less than three minutes is an alternative digital paradigm that has been taking shape gradually at the edge of the internet world.
Now, after incubating this model through millions of transactions with host of developer’s projects with success, it is now on the tongue of entrepreneurs (both startup and oldies), CEOs and even government activities which are now infusing/inculcating the blockchain technology into their system.
Though these stakeholders are beginning to know and understand the disruptive potentials of the blockchain technology, and are rigorously experimenting a most promising applications to this technology in other to curb future errors.
But this is also making a few to ask the fundamental question just as I will put it to all STEEMIANS reading this to share their opinion; of what will a digital world driven by blockchain technology look like in decade to come?
This question to me poses a great deal, but of cause is my simple submission…
what is your opinion??? @steemians…
Thanks for reading...
Great post
Thanks...
I want to invest in it
Do it!
Thanks bro... I'm already doing it... lol..
Yes it will be a great deal to do so especially now that the volatility of the cryptocurrency market is very high...
@originalworks of personal instincts and research
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Millionaire?! No but 1btc=55000000$ very possible 😉
thanks for your opinion ...
Yes! It will make you a millionaire.... in some country like for me in Philippines if you have 1 btc at $50,000 price per btc you multiply by P50 exchage rate against $ that would make you millionesssssssss....
Wow... that is awesome to hear @reroelbuton because in Nigeria my home country, with 1btc, you are already a millionaire... thanks for reading...
Welcome bro, in Nigeria already millionaire na ooh? but the thing is you gari and aguse is too expensive I guess, lol.
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there will be hundreds of cryptos on the blockchain for different purposes - BTC will be the store of value that all of these are traded off of - Its the safest and will be the standard. I think some economies will use BTC as a currency but I think for the most part it will be a store of value. Sitting on some BTC especially getting in now (when it still somewhat early) will be worth your patience next decade.
Thanks for the great opinion, i strongly agree with you... The earlier anyone getting now, the better for decades to come...
Yes It can make it, as you have seen with BTC. It all depends on investment on right place and right time only.
Anyways nice post.
Upvoted and Followed.
Thanks for sharing. There is a lot to learn about crypto. Following, voted and resteemed.
yes it can