I’m not sure how long but currently, a Bitcoin is worth more than an ounce of gold. No doubt the reason for the takeover of Bitcoin ventures surfacing online these days. Rare now do I see Payza and/or STP as a payment option except for in the revenue share niche.
And like the folks and companies that are in a constant pursuit of Gold, that is happening with Bitcoin as well where the US exchange rate is alluring.
The only difference of course is that Gold is physical, a precious metal while Bitcoin and other digital currencies rivals are floating around out there in hyperspace or stored in a hard drive; made up of ‘code’.
I can’t put BTC it in my wallet until converted to cash and I can’t walk into a bank here in Canada and ask for an exchange although the Bitcoin community wants to see that happen some day.
Great motivational tunes in this video. ‘If they tell you, you can’t … they’re are a liar, liar’
Investing and seeking a profit with Bitcoin has ramped up big time within the HYIP category these past few months. Surprisingly there are quite a few that have been running for that time with no signs of slowing down. HYIP investors don’t want to see that bubble burst, as thousands are pumped into these sites with daily overall withdrawals being made at a wicked pace.
Like the off and on ‘Bull’ runs on Wall Street where fund managers rake in fortunes in fees, the difference with HYIP’s is that most keen managers, or Admins keep an eye on their profit and usually close up shop when the withdrawals add up to more than funds coming in on a daily basis. That’s where timing and risk come into play.