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Nationalist Pundit

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Blog posts : "bitcoin"

Bitcoin Alternatives, Investing In Digital, Crypto-Currencies

So if you are like me and missed out on the ground floor of Bitcoin, you might be thinking how do I get into this new world of crypto-currencies? Well, happily there are many Bitcoin alternatives in the ever expanding digital universe of crypto-currencies. You don′t even have to know what a blockchain is or mine for the darn things! Take BitTokens, for example. This currency is being paid out as dividends by the software company, Social Reality. They are selling an app for graphing out blockchains. The company has been around for a few years and their stock is probably a steal at just over $5 a share. There are about 15 or so crypto-currencies currently trading for a $1US or more, and hundreds more at less. One of those which looks interesting is Ripple.



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Bitcoin Futures Launched, Crypto-Currency Mania

On Sunday, the Chicago based Cboe Global Markets exchange launched Bitcoin futures trading. By close of markets on Monday, Bitcoin futures settled at $16,680 after flirting over $18680. Bitcoin is an alternative currency, digitally based created in August of 2008 by Satoshi Nakamoto. At that time, it had essentially zero value. Throughout most of the next several years, you could ′buy′ as many as 3 to even 33 Bitcoins for just $1US. But, the digital currency began to catch on as some retailers and smaller banking services began to accept them as cash. By 2013, 1 Bitcoin was worth over $260. It even briefly spiked in 2014 at around $1,200. The controversial currency ebbed and flowed for the next several years from about $60 to $1,500. Today, some say it is worth at least $2,000 a ′coin′. While many ′experts′ say that Bitcoin is a Ponzi scheme, a fraud, or at the very least, a ″speculative bubble′, others claim that Bitcoin is the future and could be worth as much as $250,000 each by 2020.



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