Why BITCOIN is so Interesting!
Published on December 19, 2017
Published on Wealthy Affiliate — a platform for building real online businesses with modern training and AI.
Newer technological advancements that disrupt present technologies and industries first attract the attention of INNOVATORS (2.5%), who are followed by the EARLY ADOPTERS (13.5%) and the EARLY MAJORITY (33%).
Bitcoin had its beginning in Jan 2009 and innovators spent 2009 – 2012 seeing it increase in value from .008 cents US to $13.00 US. From 2013 – 2017 the early adopters became involved and the value of one Bitcoin has since increased to $20,089 US as of Dec 17, 2017.
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We are just entering the stage of the “EARLY MAJORITY” and it is a challenge to even attempt to estimate how long we will remain in this stage. The value of the BITCOIN is extremely volatile but is rapidly gaining acceptance and legitimacy by major financial institutions and individuals in every country of the world.
Bitcoin definitely has ‘first mover’s advantage’, but who will be the leader in Dec of 2018 is still to be decided. There is always BITCOIN CASH (a totally separate cryptocurrency) and EMPHEREUM along with at least thousand others digital currencies in the competition. To make it even more challenging a newer technology “HASH GRAPH” is challenging the “BLOCK CHAIN” technology on which the cryptos are based.
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