Tuesday, December 12, 2017

The value of bitcoin is getting higher not stopping

When i posted  my latest article about bitcoin the value was about $10,000  now it is reaching $16,000 and it still keep on getting higher. It is now reaching the mainstream and would probably reach $20,000 by the end of the year.

In relation to this rising of the bitcoin , the blockchain.info could not cope with the demand. With the sudden increases the input to the ledger or the blockchain is becoming slower doing its job. These phenomena is affecting the whole of the bitcoin system.  I cannot check my account on the blockchain.info though i know that they have to solve this problem.  

I do believe that its not only about the slowness that is the problem, i think this is about the capacity of the blockchain  that was the debate long time ago which had resulted to the creation of bitcoin cash and the original bitcoin. Bitcoin cash (BCH) had created its own blockchain with a capacity that can handle much larger than the original but its not that popular.  While the original stick to its size but would divide the input of transactions into smaller amounts. 

With this developments of slow transactions and with the possibility of greater demand for bitcoins it is necessary to make the blockchain capacity to be bigger.  So let us see what will happen?

Now its getting clearer and clearer that bitcoin would be the new or future money which is why everybody are invited to be involve with bitcoin phenomena . In my venture for more bitcoins i am targeting now investments like bitconnect , i think its high time that i switcth to this venture not the clicking on sites that pays bitcoin which are slow. 

What is bitconnect ? 
 


BitConnect is an open source all in one bitcoin and crypto community platform designed to provide multiple investment opportunities with cryptocurrency education where it is entirely possible to find the independence we all desire, in a community of like-minded, freedom loving individuals who, like you, are seeking the possibility of income stability in a very unstable world.Visit Bitconnect Official website: https://bitconnect.co/?ref=bits4rod

In the video its all explained on what is bitconnect ? if your interested to invest and have profits daily then register and be a member. 

In my experienced i just started with the basic and it really works daily i am earning 1% of the basic investment , the basic is about $100 the interest you get can also be invested again and again.  But how can it be bigger , an increase with the investment is necessary, so lets rock and roll .