Bitcoin Value Climbs 500% in 2017

You can do your own due diligence on Bitcoin. Many news articles, worldwide, are reporting almost daily on the climb of this currency.

Usi Tech promises you at least a 35% return on your investment. This is paid back to you at approximately 1% daily. The real bonus to investors is the organic return being generated by the increase in value in Bitcoin, up 500% in 2017. This reached $6000 recently with forecasts suggesting that $20000 is not unrealistic over the next 12 months.

It's easy to get involved where you can get started with as little as $50. I have recently cashed in on some shares with a FTSE 250 UK company, as the returns in Bitcoin are fast and accessible if you would like a fast turnaround on your money.

Forbes Magazine recently said.........

Ever had a case where you wished you had bought something in the past that eventually went up significantly in value? Perhaps a plot in a low-value district which is now worth ten times more? Well, then you need to read how well Bitcoin investors have done so far.

It is fast approaching the ninth anniversary of what is said to be the first recorded instance of Bitcoins being used in a real-world transaction. Recently, Bitcoin's immense and rapid increase caught the eye of the media and caused a global stir, and with financial leaders such as Bill Gates saying Bitcoin may rise a further 500%, people are asking the question, is there still time to board the Bitcoin train and where can I do it?

“Bitcoin is better than currency.” – says Bill Gates in a Bloomberg interview.

Just a few years ago, a single Bitcoin price was less than $1, but has since risen to over $6000. Not everyone has the financial freedom to invest in a whole Bitcoin, so financial brokers took it upon themselves to offer “Bitcoin fractions”. This means you can invest as little as $50 in Bitcoin and get a fraction of a single Bitcoin, instead of buying a whole one.

Experts predict a single Bitcoin will be worth $500,000 by the year 2030.

Comparisons with gold suggests Bitcoin could be undervalued.

“Bitcoin has all the same attributes of gold in that it’s scarce, there’s a finite supply, it’s fungible, it’s highly divisible, it can’t be counterfeit,” he says, “but it has one real improvement over gold, which is its utility.” Gold is good for jewelry and use in some industrial production processes, but as the price increases, it becomes less useful."

People ut their money into Bitcoin the way they’ve historically done with gold and Treasuries, the price of Bitcoin could rise, surmises Silbert: “If you look at what happened during the Greece crisis [when the price of Bitcoin rose past $300], the Bitcoin price went up, and I think there is reason to believe that Bitcoin — as a store of value, as a speculative investment — would perform well in periods of dislocation or distress.” If so, he presents a hypothetical: If just 5% of the $7 trillion in gold moved into Bitcoin, that would boost its value by $350 billion. “So that would be a 70x increase in the price of Bitcoin if just 5% of gold, which, again, is just one use case, moves into Bitcoin.”