What is cryptocurrency? It is a decentralized digital ledger that is comprised of four different technologies that work together: blockchain, proof-of-work, P2P network and cryptography. Blockchain is the most recognizable and discussed of these underlaying technologies. A cryptocurrency is virtually impossible to counterfeit thanks to the blockchain and cryptography.
Another great feature of a true cryptocurrency is that it is not issued by any central authority, and the algorithm limits the total supply from ever being expanded. This makes a cryptocurrency like Bitcoin immune to government interference or manipulation.
Cryptocurrencies make it easier to transfer funds between two parties via digital wallet transactions. These transfers are facilitated through the use of public and private keys for security purposes. These fund transfers are done with zero processing fees, enabling users to avoid the steep fees charged by most banks and financial institutions for wire transfers.
Bitcoin was the first cryptocurrency ever invented with the first generation blockchain technology. Bitcoin launched in 2009, and over the course of four years it rose from a value of just pennies per a coin to hundreds of dollars per coin UPDATE: (highest value ever achieved; $11000+ per coin as of Nov. 2017).
Bitcoin has paved the way for the the trend and emerging TRILLION DOLLAR financial industry that is cryptocurrency. You can spend Bitcoin at thousands of websites online (Overstock.com for example, which now accepts multiple kinds of cryptocurrencies), AND many physical locations are now accepting it as a form of payment… and there are even Bitcoin ATM’s!
Many people who purchased Bitcoin while it was mere cents per coin, are now millionaires today! I bet you are thinking, ‘damn, wish I knew about Bitcoin back then’! I know I was definitely disappointed when I learned that I had missed the boat.
Ever since then I’ve been watching the cryptocurrency industry, looking for the next ‘Bitcoin Opportunity’.
And the good news is that the ‘Next Bitcoin Opportunity’ is finally here with a new cryptocurrency called Capricoin that uses a second generation blockchain technology that is more secure and processes payments in real time (way FASTER than Bitcoin). Learn how you can position yourself to profit massively with the Capricoin cryptocurrency watching the following short 6 minute video…
What Is Cryptocurrency / Bitcoin?
How Can I Benefit From Bitcoin & Cryptocurrency?
Ever since I discovered Bitcoin several years ago, I have been completely fascinated by the technology and the industry. I fell in love with this technology and it’s potentials to change the world and take power back from the banks and put it back into the hands of the common people. I ended up absorbing 1000’s of industry news pieces, I’ve delved deep into the forums of start up cryptocurrency companies / projects, I’ve networked with other cryptocurrency entrepreneurs, developers and general fanatics all over the world… and it’s been amazingly eye-opening, mind expanding and ultimately it’s made me a lot of money…
Now I’m sure your wondering, “how exactly do you make money with Bitcoin / cryptocurrency?” Well the beautiful thing about this industry is that it is also a fully fledged Financial Market, which is trade-able via cryptocurrency exchanges on a 24 hour, 7 days a week basis. I ultimately learned how to trade this market and it changed my life in a few short years, as I have developed a million dollar plus portfolio of cryptocurrency coins that is growing in value everyday.
So with all that research that I have done and still constantly engaged in, I have discovered incredible trading / investing opportunities via many of these incredible projects / emerging cryptocurrencies that I have discovered over the years. I have also learned the in’s and out’s of analyzing and trading this financial market for profit, and have been helping others learn how to get into bitcoin / crypto and follow my path of success through my Crypto Mastery Trading Course and Mastermind Group.
Did I spark your interest to learn more about this incredible technology, financial opportunity and second coming of the internet boom? Are you ready to learn more? If you are ready to take the next step, I’ll show you how to buy your very first amount of bitcoin AND how to start and use your very first bitcoin wallet! Just use the following link to gain access to a FREE Crypto Mini Course that I put together, just for you…
FREE Crypto Mini Course <<== CLICK HERE
I hope you have found massive value in this post, and I look forward to hear back from you about it! Connect With Me On Facebook I would be happy to discuss bitcoin with you and help you get started with it.
Until next time, cheers to your success!
P.S. Interested to learn more about the potentials of trading the bitcoin / cryptocurrency financial market? Check out this interview where I discuss the benefits and how it can change your life if you get educated and start taking action with it:
The Benefits of Trading Bitcoin Interview with Caleb Wright <<== CLICK HERE