The cryptocurrency I want to tell you about today was founded in 2014 under the development of a team of Japanese developers.
This year, this cryptocurrency has seen incredible growth.
My colleague and cryptocurrencies guru, Sam Volkering explains why…
“The reason is that the Japanese crypto market continues to see money flow out of the “traditional” banking and finance system,... ››› more
• Who owns and controls Bitcoins and are they like shares?
• How can I buy Bitcoin?
• How can my Bitcoins get lost and can I retrieve them back?
Q. Who owns and controls Bitcoins and are they like shares?
Answer by Timon Rossolimos:
Let’s think of a share first. A share is a part of a public listed company on the Stock Exchange. A share is owned by its sh... ››› more
It's interesting to see how interest in Bitcoin has increased. Searches on Google for the “Bitcoin price” have increased sharply since 2016.
Below is a chart of the Bitcoin price in US Dollars and the volume of searches in Google.
Source: Prodigy Asset Management, Google Trends and Coin Desk
As you will see, the higher the volume of ... ››› more
On 1 January 2017, this cryptocurrency's price stood at around $8.24.
At that time, its market cap was around $720 million.
Fast-forward to today, its market cap has grown past $30 billion. But even better, its price has soared to around $322 - which is a 3,807% return compared to Bitcoin's 453% return this year.
In other words, a R120 investment into this cryptocurrency on 1 January 2... ››› more
A decade ago, Zimbabwe experienced one of, if not, the worst inflation crises.
Hyperinflation wiped out Zimbabweans' personal savings.
It left shops empty.
And it became almost impossible for people to buy a tank of petrol or daily groceries.
There's no accurate number that shows how much Zimbabwe's inflation actually rose, but some estimated as high as 500 billion percent!
To ... ››› more
Today I'm going to prove how a simple computer virus gives investors - who know where to look - a great opportunity to make money.
It sounds unbelievable, doesn't it?
But it's true.
In just a few moments…
I'll explain exactly how a cyber-computer virus could drive one investment's prices to new highs, and make savvy investors a fortune.
Let me explain…
***********... ››› more
• Have you claimed your free CryptoCurrency Book yet?
• Which Crypto-currency brokers are the best?
• Where do I find the best Forex charting platform?
• What are the best stocks to invest in?
Q. “I have plan to start trading crypto-currencies but my problem is that I don't know which are legit brokers I can use. Please help.” ~ M
Answer by Joshua Bent... ››› more
I'm writing to let you know about an exciting and radical new project that we've just launched here at South African investor.
It's like nothing you'll have ever seen or read before. In fact, as far as I'm aware, this is a unique project in South Africa.
If you don't know, I'm a bit of a ‘tech head'. OK, that's an understatement. I'm a major tech head.
Since I got my hands on an old... ››› more
To think, last year I gave a target for Bitcoin going from $500 to $800.
And today we're looking at Bitcoin at $4,200!
And for the last eight days Bitcoin has “crashed” 12%.
Investors and traders are feeling the pressure and are worried it's a bubble waiting to pop.
But I'm grinning and ignoring the sentiment.
In fact, I'm nearly ready to pile into Bitcoin and hold to its new all-... ››› more
Bitcoin - A new world currency…
If you had to ask most people to name a digital currency, the first answer you'd probably hear is Bitcoin.
Since 2009, Bitcoin has swept across the world offering new ways for people to transact, transfer money and even make money.
But how did bitcoin come to be?
Well first we have to go back to before Bitcoin was even an idea…
The Liberty dolla... ››› more
As I write to you, I'm still working out of the MoneyWeek offices in London. Yesterday I had a chat with two of my colleagues there, Dan Denning and Nick O'Connor.
Dan and Nick head up the daily free British stock market and economics email newsletter, Capital and Conflict.
Anyway, back to the chat I had with Nick and Dan. We spoke about Bitcoin.
If you haven't noticed Bitcoin has been ... ››› more
On my trip to London last year, my international colleagues from the MoneyWeek offices discussed an interesting concept that was secretly emerging throughout the world.
They called it “The War on Cash”. Simply, it's a sinister scheme already being actioned throughout the global financial system, which allows governments and Central Banks to keep borrowing, and transfer your wealth into the... ››› more
Alternative investments are seeing a boom. The current economic climate, the faltering rand and tough economic conditions are forcing investors to look for new investment opportunities in the alternative investment space.
If you're looking for an alternative investment, believe it or not, owning Bitcoin can has similar preservation properties to owning gold.
In fact, in some ways Bitcoin i... ››› more
In 2014, I warned you about a crash in Bitcoin. Which it did. It plummeted from $800 all the way down to $200.
I told you that I didn't like Bitcoin and that it was on a one way path to destruction.
But over the last two years, things have changed.
Bitcoin is becoming more and more popular as people are relying more on non-governmental influenced currencies.
And now with the downside o... ››› more
Bitcoin is getting a lot of airtime in the mainstream media lately.
Last week Francois Joubert discussed it when he warned you about your investments in MMM Global and MMM Global's ‘Bitcoin Republic'.
Then, Carte Blanche spoke about it on Sunday night.
So it would be a flaw on my side if I didn't do my research into the cryptocurrency (a digital currency that's beyond government re... ››› more
You've no doubt heard of Bitcoin. The digital currency uses blockchain.
Blockchain is a technology that has the potential to revolutionise the way we do things now, for the better.
So what does this mean for you as an investor?
Let's take a closer look…
What blockchain could do
The supporters of blockchain see it:
Eradicating fees... ››› more
The price of Bitcoin soared in 2013 by a staggering 8,500%. Then it lost 85% of its value by the start of this year.
Speculation was rife about how high the price of the digital currency would go and what it meant for Bitcoin.
So what's happened now? And what does the future hold for Bitcoin?
Read on to find out…
The price of Bitcoin
This year, Bitcoin has done something that m... ››› more
The price of Bitcoin soared from $10 to $1,150 back in 2013. Then its value started to crash, falling to less than $200 by the start of this year.
At the moment, one Bitcoin is worth around $236.
So what is going on with the digital currency? Does it have a future?
Let's take a closer look…
At the moment, if you want to use Bitcoin, you buy it with a currency like... ››› more
One of the UK's biggest banks and major stakeholder in Barclays Africa, Barclays Plc, made an announcement last week about accepting Bitcoin deposits.
The banking group has decided that it will allow people to make donations using the digital currency.
So how will this work? And what does it mean for Bitcoin?
Let's take a closer look…
Barclays’ plans with Bitcoin
Barclays is ... ››› more
If you're a follower of Bitcoin, you may have noticed that its price has been climbing. This rise in price has coincided with the Greek debt crisis.
So is there a link between the price of Bitcoin and the situation in Greece?
Let's take a closer look…
The price of Bitcoin has been climbing
At the end of June, Bitcoin made a strong move upwards, just as the crisis in Greece deepen... ››› more
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