Should you invest in Bitcoin? Is it a good investment?
Do you want to invest in Bitcoin? Investing in Bitcoin is risky, but that’s old news. We have gathered a lot of information about Bitcoin as a possible investment form.
Technically, Bitcoin is the most innovative and revolutionary invention since the introduction of the Internet. These are the main revolutions about how money works and what money is: a free uncensored communication tool and unit of account value within a debt-free p2p financial system that works autonomously without third parties. Free money in your ownership that can not be manipulated. It works as digital cash without the intervention of banks or other third parties. In fact, there are no slave-master relationships in relation to money and other power relationships, in fact, communicates and represents fiat money. Everybody is right, everybody is master and master of his own Bitcoins. Bitcoin is a system that works on the basis of decentralization , disintermediation, freedom, consensus and the elimination of all unnecessary costs and third parties. In addition, Bitcoin has a built-in scissors with a maximum limit of 21 million bitcoins. They can not be printed. Thanks to innovative fintech companies such as CryptoPay , SpectroCoin , Uphold and the Dutch company BTCdirect , it is now possible to use Bitcoin as a free means of transport for all possible investments in foreign currency and precious metals. In addition, Bitcoin is more than a crypto currency, it is programmable money for programming additional added value within the expanding free global peer-to-peer BITIN network and economy.
In fact, there are no limits to how bitcoin technology can be deployed to reform our current financial world and the big business, corporate economy. Do not even think about Bitcoin’s price fluctuations, but the revolutionary power and capabilities that come from a technological point of view.
The future will be formed by Bitcoin together with Litecoin and other crypto-equity networks ( Ethereum , Ripple , NXT , Bitshares, etc.). Banks will have to adjust. For a good course about the Bitcoin economy, I can recommend the following course for beginners: The Secrets of the Bitcoin Triangle! The next course of Diginomics, Bitcoin Economics , is advanced. These courses can be complimented with a Cryptocurrency trading course in case you want to earn good money in the short term with Bitcoin price volatility and other crypto coins. It is likely that a Bitcoin ETF will be released on the stock exchange in 2017. This will greatly simplify investing in Bitcoin for many institutional investors. For more information: Bitcoin Trading Guide & The Cryptocurrency Trading Guide!
Welcome to this long introduction to the new revolution and upcoming paradigm shift. In light of our current global financial context, this will provide many perspectives on the question: Why should I invest in Bitcoin? Let’s keep on thinking about it again:
What are the facts about investing in Bitcoin and making the bitcoins deal so interesting:
- Major investors and investment banks are now investing large amounts in all kinds of fintech and bitcoin projects. A well-known investor in Bitcoin companies is Marc Andreessen’s venture capital company, Andreessen Horowitz. Marc has helped build companies like Skype, Facebook, Pinterest, Twitter, AirBNB and most recently Oculus VR (known from the Rift Free Glasses ). He sees enormous potential in Bitcoin and has already invested more than $ 50 million in Bitcoin-related startups. Steam, the game developer known for the new SteamVR platform for HTC Vive , will now also accept bitcoins. The trend is simple, more and more companies accept bitcoins as a means of payment, more and more fintech companies use Bitcoin’s Blockchain as the backbone of their operations.
- Nowadays, there are also more and more banks that invest in Bitcoin related projects. For example, the Deutsche Bank and UBS have worked on their own internal cryptocurrency, the Utility Settlement Coin . Goldman Sachs is working on the SETLcoin . There are also more and more bankers who switch from traditional banks and financial institutions to fintech and Bitcoin 2.0 companies that invest in the development of new fintech services . Here is a Concrete example : the infamous Blythe Masters , a top executive at JP Morgen, has switched to Digital Assets Holding LLC . According to Masters, because Bitcoin technology will restore confidence in the financial markets … what does she know what we do not know as citizens again? Will confidence soon be gone as in the 2008 latest crisis crisis? 2016 has clearly been the year in which Bitcoin has been used in China in particular for capital flight , so as to effectively avoid monetary devaluation. The fiat currency wars and open-ended money presses lead to cash devaluation and undermine trust in their own currency. Bitcoin is a flight route and can also serve as a bridge for safer currencies such as the US Dollar and gold . You can manage these through the Spectrocoin bitcoin fair in one wallet!
- A possible currency and trade war between China and the US is on the cards. Devaluations are likely to occur. Due to the emergence of fintech services, people around the world can buy much easier and cheaper Bitcoins, but also American Dollars. This can easily be done through a Bitcoin fair with an app on a smart phone! The trend has been deployed, more and more people across the world are switching to Bitcoin when the US Dollar will devaluate. In 2017, with the upcoming elections in France and Germany, confidence in the Euro and the European Union is likely to be further eradicated. Will more and more Europeans wake up and also use Bitcoin to discover new financial opportunities for converting cheaper euros into foreign currencies, precious metals or just Bitcoin as a safe haven ? Despite the Bitcoin bokkes leaps, the Euro has become much cheaper over the past two years. Beginning 2015, you could buy another Bitcoin by 200 euros, by the end of 2016 you should already count more than 800 euros! A price correction can certainly happen, but there is a clear trend. Bitcoin is a way of avoiding cash depreciation and investing alternatively in not only Bitcoin, but also other currencies, precious metals and crypto-equity. This will further improve Bitcoin’s market capitalization.
- Bitcoin’s market capitalization is also developing well and the prospects in 2017 are very positive. More and more people will use Bitcoin as a means of transaction through the smartphone. The Bitcoin Investment Instruments and Funds on the stock exchange will further greatly increase market capitalization. Investing in bitcoins is also very interesting from this perspective.
- The demand for bitcoins is increasing. You can clearly see this in the overview above. The number of bitcoin transactions, wallets and volumes increases significantly. In addition, relative volatility decreases and more and more people use bitcoin wallets .
- Bitcoins are now also a legal tender in Japan. The Bitcoin market in Japan will grow rapidly and within a short period more than 270,000 companies will accept Bitoin as a payment tool in addition to the Yen.
- Another important factor is the development of financial instruments for investing in Bitcon. Indeed, forces in Wall Street are working on the launch of Bitcoin ETFs and Bitcoin Options . These will probably be approved by the end of 2017. This will enable large institutional investors to add Bitcoin into their portfolios. US Dollars from Wall Street will push the Bitcoin course with great zigzag movements and further strengthen Bitcoin’s market capitalization. This will certainly happen if the US Dollar is over its peak and will be less valuable in the long term. Trump wants to industrialize America again, and in the end, he has no expensive dollar. Bitcoin options and ETFs will bridge the world of stock exchanges and institutional investors and the Bitcoin ecosystem. ETFs and Options are clearly regulated forms of investment. US capital can now easily invest in Bitcoin. A strong Dollar is not good for export and factory recovery to the US A Bitcoin ETF is in the interests of Trump’s export policy as it will provide a regulated valve to escape some American-American balloon air. This will of course affect the Bitcoin rate !
- By the way, this is my personal opinion (and this is not a professional investment portfolio) about Bitcoin as a potentially good investment in 2017. For more information:
- Where and how can I buy Bitcoins?
Further considerations – Investing in Bitcoin in the light of the rise of fintech, banks and monetary devaluation.
Generally, banks are thinking about what Bitcoin can do for their profits. It is therefore not strange that Bitcoin is primarily being demoted to make investors and ordinary citizens afraid of using this technology to realize their own freedom in terms of privacy and finance. The mind is out of the bottle, the banks will not get it in the bottle again. They are therefore also working hard on their own internal Bitcoin-like projects. Bitcoin is autonomous and no longer to stop. Bitcoin may well work as a black hole for fiat money issued by banks in a scenario of hyperinflation. This scenario is one of the possibilities in the near future when the central banks lose control over the ongoing monetary expansion programs. An enormous monetary devaluation will take place, with everyone trying to move in alternative investments outside the financial system: gold , silver and bitcoin . Central banks will be forced to reform and anchor the financial system into a new gold standard. This will probably be achieved through the SDRs of the IMF.
In general, Bitcoin is a thorn in the eyes of banks. It costs money to maintain a bank account and there are all kinds of costs to use your money. In addition, the banks do not give interest anymore. The maintenance of a bank account is not at present without risks and a cost item. The banks, in fact, force our money to invest in options , CFDs , binary options and other derivatives. Banksparen is no longer attractive to us. While they themselves keep all the money they get for almost noppes themselves. Loans are almost no longer provided to the small citizen. Our fiat money cuts our purchasing power and our Western banking based on fractional banking is responsible for the misery. Ultimately, they are responsible for the European crisis and the crash of the USD as the world reserve currency and all other manipulations in the area of LIBOR, gold and the FOREX market. Only this trend represents huge risks and makes investing in bitcoin attractive. More and more people are awake about what our banking industry actually represents. This will also encourage more and more people to use cryptocurrency.
Investing in Bitcoin can be done from the point of view that will continue to develop as a better and cheaper payroll network for the citizens. Bitcoin can develop as the first global open payment network. In this regard, Bitcoin will compete with Skrill , PayPal and Mastercard. Although it appears that these companies will integrate Bitcoin into their own payment networks. These are payment networks owned by a specific company that determines all rules and costs. This is not the case with Bitcoin. Bitcoin is not a business, no one is the owner of Bitcoin. It is not regulated or restricted by anyone. Her inherent limitations and possibilities are mathematical only. Bitcoin, as a free platform, is a potential fertile ground for new technological innovations. In this respect, it is possible to draw a parallel with the Internet. The internet was initially toys for computer nerds. Everyone thought that centralized online service providers like AOL and Compuserve would best serve the citizens. Certainly she provided an excellent service, but on the free internet, everyone was free to innovate. Computer nerds soon developed all kinds of protocols, the World Wide Web, Search Engines like Google, Youtube ect. Many Bitcoin optimists believe that innovation within the Bitcoin ecosystem offers the ability to perfect Bitcoin-based payment systems that will outline the traditional payment systems. Investing in Bitcoin is very interesting from this point of view.
Why could Bitcoin provide better services?
Look at international money transfer systems like Moneygram and Western Union. These are terribly expensive and slow service providers. Bitcoin entrepreneurs could better assist these customers to use Bitcoin to immediately transfer the money and convert it back to the local currency. Bitcoin is thus used to send the money from a particular currency in a country to another currency of another country at a fast and cheap rate. There is a lot of money to save for the citizens, while offering great opportunities for Bitcoin entrepreneurs. Here a lot of things can happen in the short term.
A daring step would be to compete with full Bitcoin credit / debit card payment system. This will take some more time and especially more companies that accept Bitcoins as a means of payment. Bitcoin needs to be made more attractive so that everyone can easily use Bitcoin as a means of payment. This is just work in process and will surely bring fruit in the long run, especially when youngsters and retailers Bitcoin will embrace more and more. Nevertheless, Bitcoin Debit cards are already available, which work through the Mastercard network, allowing Bitcoin owners to instantly spend their Bitcoins in stores that do not accept Bitcoin. This is a special new development: Bitcoin Debit Cards .
Bitcoin is much more than just an alternative, cheaper and decentralized payment network. Bitcoin is based on powerful new technological innovation, the blockchain. Blockchain allows trustless transactions between trading parties. The required trusted intermediary who monitors transactions, but also makes it expensive and slow, can in many cases be lost. The blockchain can thus be used to make so-called smart contracts. These smart contracts can be written and programmed in the blockchain using a user-friendly program. These are currently being developed by Veritaseum in the form of UltraCoin and Ethereum to develop the shape of EtherScript. For example, this allows you to write a testament yourself and run it automatically without the intervention of third / trusted parties. The testament with, for example, the money in the form of Bitcoin and your physical property has been incorporated into the contract and automatically checks the death register automatically. When you die and appear in the registry, the contract will be executed automatically. No one has to keep a will, no notary will be adjusting to carry out the will according to your wishes.
Well, this is only a possible application of smart contracts. You can set them up for each transaction and trade agreement. Bitcoins are programmable smart money and can be linked to smart devices and objects. In this sense, Bitcoin will play an important role in the development of the Internet of Things – the Internet of Things (IoT) . This is being overlooked at this moment. Most people starve blindly at Bitcoins as a currency and the fact that this digital cash money is stolen and may fluctuate in price (expressed in euros). The long-term perspective for Bitcoin as a technological invention with all sorts of new applications as well as smart money within a world of smart objects is extremely unlimited. A technological paradigm shift in the field of money and the operation of money will ultimately take place in the future.
Back to the world of traditional dinosaur banks. UltraCoin has the ambition to make investment banks unnecessary. Everyone can become an investment bank and can act directly in shares, options, CFDs and binary options without the intervention of an expensive brokerage company. You can see that the applications in this area are enormous and can completely change our stock market trading. For more information: Bitcoin Economics course.
Investing in Bitcoin – it has solid underlying infrastructure!
What often loses sight of investors is that Bitcoin is being maintained on the basis of a huge network of delvers (miners). There are over 300,000 delvers active that maintain the network. These dolphins have invested heavily in a supporting infrastructure and hardware.
To give you an idea of the power and resources, you’ll find the following: If Google would make all its hardware and servers available to dig Bitcoins, that would represent no more than 1% share of the network. The internet giant Google will never be able to maintain the Bitcoin network. Bitcoin stands on solid, huge hardware fundamentals! It is not a baked digital air.
Investing in Bitcoin – Risks:
A problem with Bitcoin is that the price fluctuates quite a bit. Investing in Bitcoin is risky, but that is, of course, a normal aspect of investment, especially when many investors use price-speculation in the short term. This does not make Bitcoin suitable as a currency, but as a money transfer system. In this short term, the most advantage will be achieved and will also push Bitcoin’s price further up. It can shake the entire FOREX market on the foundations. Do you want to speculate with Bitcoin and make a lot of money on small price changes?
“Which Song” is a critical reflection upon the current praise and worship phenomenon sweeping the world. It is a sermon based on Psalm 137 where I raise the question of whether the songs choices in praise and worship sessions are adequately reflecting the lived experience of the gathered worshippers. This was preached some years ago but I had cause to revisit it this past Mother’s Day when preparing the speak from Jer. 9. 17ff a call to the mothers and women of the land to wail over the status quo. As always I value your comments and interaction on the blog post. Thanks
The Music Department has chosen to call the gathered community at Grace this month to sing… to sing praises unto God. I think it is fairly safe to say that the majority of the congregants need no convincing of the reasons why we should sing praises unto God so rather than taking the easy way out and delineating such reasons let’s take the rough road of asking what kind of song should we sing?
Someone may just be rolling their eyes and saying “duh!”… a worship song of course” or a “gospel song of course”. My thoughts are not that basic this morning though…
Is it true that praise unto God necessarily means noise? Necessarily means clapping, shouting, dancing, smiles all around? What hymn did Jesus and disciples sing at the end of the last supper? Is there a place for mournful words in our praise?
Does Jesus care when my heart is pained
Too deeply for mirth or song,
As the burdens press, and the cares distress
And the way grows weary and long?
Does Jesus care when my way is dark
With a nameless dread and fear?
As the daylight fades into deep night shades,
Does Jesus care when I’ve tried and failed
To resist some temptation strong;
When for my deep grief there is no relief,
Though my tears flow all the night long?
Does Jesus care when I’ve said “goodbye”
To the dearest on earth to me,
And my sad heart aches till it nearly breaks,
Is it aught to Him? Does He see?
In 1901 Frank Graeff went through some very difficult trials. The period before writing this song was one of great despondency, doubt and physical pain. When he turned to God’s Word, 1 Peter 5:7 gave wonderful comfort: “He cares for you.” After meditating on that truth, Graeff wrote these lyrics, with the resounding affirmation in the chorus, “O yes, He cares…”
True biblical worship so satisfies our total personality that we don’t have to shop around for man-made substitutes. William Temple made this clear in his masterful definition of worship:
For worship is the submission of all our nature to God. It is the quickening of conscience by His holiness; the nourishment of mind with His truth; the purifying of imagination by His beauty; the opening of the heart to His love; the surrender of will to His purpose — and all of this gathered up in adoration, the most selfless emotion of which our nature is capable and therefore the chief remedy for that self-centeredness which is our original sin and the source of all actual sin.
This is the kind of experience that the gathered congregant often seeks, and comes expecting… a release… a cleansing… a solace… a place where their lived experience is tempered by the Divine encounter… a place where the crucible of life changes from a ‘a so de ting set’ to an instrument of purpose.
Songs, worship, praise and worship, singing, song service or any other variant that makes up the cult in church circles which fail to penetrate the whole man in the manner described by Temple are therefore to be seen as futile babblings and a decoration on the program, printed or otherwise.
The Psalm before us today is fairly well known… at least its words find their way on the lips of those of the church who frequent wakes and nine nights… it is not the kind of psalm that makes it unto the praise and worship list very often in recent times. By contrast it is an all-time favorite among the rastafarians, whose concept of Babylon is as ubiquitous as their locks and pronouncement of JAH. I have chosen this Psalm to raise the question of which song.
The Psalm raises the question of whether or not the singing in our churches today are connected or far removed from the lived experiences of the worshippers. There are three movements in the Psalm ( and bear in mind that the Psalm itself was written as a song or poem at the very least). The movements are the context, the content and the catharsis. I’d like to suggest that we use those same movements to help us answer the question of which song.
The Israelites who first sang this song were captives in Babylon, working in a slave camp beside one of Babylon’s rivers. The Babylonian slave-masters tried to create some amusement for themselves (and some torment for their victims) by asking the downcast slaves to sing some of the merry songs of glorious Jerusalem (1-3). The cruel insults of the slave-masters pierce the hearts of the Israelites, because their beloved Jerusalem is in ruins. How can they forget all that Jerusalem means to them by singing songs that would now be a mockery? And all this just to amuse the slave-masters!
- Are song leaders sometimes guilty of asking the downcast to sing merry songs?
- Do song leaders sometimes demand songs of joy, complete with the movements of joy… clapping, standing, dancing, shouting?
These Israelites had a very clear sense of their context. Their nation had been plundered, their temple hazed to the ground, their God insulted, their ego shattered, their women raped, their children and elderly dehumanized, their identity assailed. Their harps were perhaps the last vestige of Jerusalem allowed to be taken in Babylon. As they sat down by the river side tired and weary, wounded and broken they hung their harps on the poplar trees. This is no time for merriment and instruments.
Can we identify such an acute awareness of an sensitivity to the national context in the space of public singing and worship? I’m suggesting to us that generally speaking the answer is a resounding no! There is usually very little that connects the what and the how of singing to our context.
Who mourned over the student from Penwood high who killed another recently… the girl who killed her sister… and what of the Public Defender’s Tivoli report? A report with chilling accounts… parts of which sound like a re-reading of psalm 137. Where does the weekly news feature in our song selections?
True believers should mourn when they see the church harassed, and find themselves unable to comfort her. In these our times the Babylon of error ravages the city of God, and the hearts of the faithful should be grievously wounded as they see truth fallen in the streets, and unbelief rampant among the professed servants of the Lord.
In the Psalm the content is naturally informed by the context… flows out of the context. In light of the state of affairs the exiles affirm their identity as the people of YAHWEH… refuse to sing for sing sake, refuse to sing to please the enemy, would not allow the enemy to add insult to injury. In graphic language they declare their ultimate allegiance to The Ultimate Power. The empire’s boot may have been at their throat, and the emperor’s sword on the heart but they will not forget Jerusalem and they will not make anything or anyone else their highest joy… their allegiance was not to Jerusalem the place but to the God of Jerusalem, the God who had established Jerusalem.
Compare the zeal of the exiles for their temple with the zeal of Jesus for the temple… Jesus’ zeal over the temple had much less to do with the temple itself and the cult/worship act of prayer itself and much more to do with the people who were being deprived of the opportunity to connect with God… the poor and the gentiles…
In “I was just wondering” Philip Yancey points out the fact that Jesus announced a great reversal of values in his Sermon on the Mount, elevating not the rich or attractive, but rather the poor, the persecuted, and those who mourn. Instead of lauding such traits as wealth, political power, and physical beauty, he warned against their dangers. A passage like Luke 18 shows the kind of people who impressed Jesus: an oppressed widow, a despairing tax collector, a small child, a blind beggar.
Where are those kinds of people located in our songs?
There are some striking similarities between the exiles’ experience in Babylon and the plight of our fore-parents, uprooted from Africa and enslaved in the West. They were mockingly asked to sing tribal songs, yet forbidden to speak tribal languages otherwise. Could there be a lingering trace of this when social lines are drawn and brought into the debate over the patois Bible? The songs of the slaves and the songs of the ex-slaves were immersed in a context, their harsh contexts… their contents represented resolve, courage, comfort, hope and solidarity. Far from being nebulous and foregin in language, imagery and style. “Swing low sweet chariots,” Kumbaya” “The woma of Samaria…” all came out of the belly of the beast as it were.
Philip Yancey, (p. 31, Reaching for the Invisible God) : Modern evangelicalism summons us to know God, to talk to God in conversational language, to love God as one might love a friend. Listen to the ‘praise’ songs in modern churches, which sound exactly like love songs played on pop radio, with God or Jesus substituted as the lover.
Whether consciously or unconsciously the religiously radio disc jockeys feed the listening public a steady diet of such songs typically originating in the North. An informal survey across churches in Jamaica on any given weekend will leave you wondering if there is a Praise and worship prime minister who sends out an email each weekend with the list of songs to be sung.
Then many of the songs that do emerge from the local artistes are either an almost exact replica of the ones from the North as described above [if loving you is wrong I don’t want to be right]… or woefully lacking in Biblical depth and theological correctness. The theology reeks of the name it and claim it prosperity gospel virus.
We hear much in our music which is frightening and very bothering. We have lost the doctrinal integrity of such great songs of the kingdom as “And can it be that I should gain an interest in the Saviour’s blood” and have settled for such Christian entertainment as “God Ragga” which though good in intents says the following:
Welcome to one a God ragga ragga,
Wi worship with attitude, style and swagga.
Nuttn nu wrong if mi praise God and fly
A nuh sin if my Bible case even match mi tie
Italian suits sharp like samari
When yu si mi kicks (meaning “shoes” for the uninitiated) yu know a reptile die!!!
In the later verses ( Psalms 137:7-9 ), we have utterances of burning indignation against the chief adversaries of Israel, a righteous and a blazing indignation. Those who find it harsh perhaps may have a different perspective if they experience the Babylonian boot. It is one thing to talk of the bitter feeling which moved captive Israelites in Babylon, and quite another thing to be captives ourselves under a savage and remorseless power, which knew not how to show mercy, but delighted in barbarities to the defenseless. The song is such as might fitly be sung in the Jews’ wailing place. It is a fruit of the Captivity in Babylon, and often has it gve expression for sorrows which otherwise would have had been unutterable. The song is a call for justice, when read in light of the ‘eye for an eye’ maxim.
What would a song composed out of the Tivoli Commission of Inquiry report look like in the stanza of catharsis?
Amy Carmichael when criticized for her humanitarian work in India, responded, “One cannot save and then pitchfork souls into heaven…Souls are more or less securely fastened to bodies…and as you cannot get the souls out and deal with them separately, you have to take them both together.”
Jo-Ann Richards’ launch of CREW40:4 is timely and epoch making. An acronym for Culturally Relevant Expressions of Worship, the ministry seeks to promote the formulation of music that is culturally relevant and authentically true to one’s national identity. I laud Jo-Ann’s passion and efforts in this regard. She is a pioneer in helping us to begin to grapple with what it means to worship God is Spirit and in Truth.
I am an avid fan of crypto currency. They make it into the news more and more each day and more and more persons are asking about the future of bitcoin, the leading crypto currency out of the numerous ones already in existence. An internet marketing associate sent me a mail this morning on the future of bitcoin which I was so impressed with that I had to repost.
I sent one-half bitcoin to my wallet at Coinbase. So far it hasn’t arrived. And I can’t see my transaction on the blockchain. Please assist.
Some are more panicked.
“Did I just lose all my bitcoin?” John from Australia asked me last week.
These readers were experiencing what’s called an “unconfirmed transaction.”
Understandably, this message freaks out a lot of people who are new to bitcoin. But you shouldn’t be worried. (It did me as well in my early going with Bitcoin.)
EVERY Bitcoin transaction requires at least two confirmations from other parties before it is an official transaction, and some programs want a few more before it is considered finished. (If you check on any of your transactions that have been made a day or so ago, you will see perhaps HUNDREDS of confirmations.)
Because of its rapid growth, the bitcoin network at times experiences bottlenecks. This happens when there are too many transactions to process at once. And that can result in an unconfirmed transaction.
It can take hours to verify smaller transactions. And to a novice, it looks like their bitcoin just disappeared.
The bitcoin is never lost. And the transaction will go through.
Like any new technology, bitcoin is going through growing pains. In this case, the network needs to expand (called “scalability”).
I’ve been researching bitcoin for months. And I see a solution on the horizon.
If the bitcoin community can make these fixes, it will make the cryptocurrency more user-friendly. And much more profitable for investors.
First, let me explain why this scaling problem is such a big deal…
Increasing Traffic Flow
Longtime readers will know that the underlying technology of bitcoin is called the blockchain. The blockchain is a digital public ledger that tracks bitcoin transactions.
Now, think of the blockchain as a two-lane highway in a small city.
If the city grows, traffic on the highway will increase. And that will cause traffic jams if the highway is not expanded.
But if you add new lanes to the highway, you can increase its capacity.
That’s where bitcoin is now. It needs to add capacity to handle the increasing number of transactions on the network.
There are three modifications bitcoin can make to solve this problem. I think we’ll see them implemented within the next year.
Adding Lanes to the Bitcoin Highway
The first modification is called SegWit.
Without getting technical, SegWit increases the size of each block on the blockchain.
It’s like being able to print on two sides of a piece of paper instead of one. You just doubled your capacity.
On April 26, a cryptocurrency called Litecoin activated SegWit on its blockchain. This is big because Litecoin is similar to bitcoin. So it will serve as a testing ground.
Litecoin rallied from $4.25 to $10 on news of the SegWit adoption. It’s rocketed up to $35.50 since the network signaled adoption—a 735% total gain.
If SegWit is successful on Litecoin, bitcoin will likely follow.
The next modification is called the Lightning Network. It works on top of the bitcoin blockchain.
The Lightning Network uses payment channels. That allows near-instant transactions at rates of millions per second. And the fees are just a fraction of a cent. The local payment channels all tie into the global bitcoin network.
The Lightning Network will give bitcoin the speed demanded by the marketplace.
The final modification is called Rootstock.
The program offers many features. But the one I’m most excited about is smart contract functionality. This feature will increase the capability of the bitcoin network.
If bitcoin adopts all three modifications, it will be like going from a two-lane highway to an interstate freeway with six lanes. And that will solve bitcoin’s scaling issue.
That’s a huge deal for users and investors.
Bitcoin is about to become more user-friendly. As it becomes easier to use, we’ll see increased adoption. And that means we’ll see the price go up further.
You still have an opportunity to get in before the masses. And the easiest way to profit is to buy bitcoin today.
I have been talking about Bitcoin changing the world – for the better.
That is happening – NOW – DAILY.
They are all events that have changed/will change the known world.
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Today’s training revolves around the question how to get accepted by CPA networks. This post assumes that you are already familiar with affiliate marketing and the aspect of it called CPA Marketing. Here is a basic introduction to CPA: CPA stands for COST PER
ACTION” Cost per action? Yes..that means an action must be made before you earn.. You’ll get paid every time someone takes a particular action based on the type of CPA offer that is available. Examples are: When someone enter their email address , enter their
ZIP codes or fill out some sort of form. Basically you GET PAID per action”. The more information required from the visitor the more you will make. That means the more information the visitor you funnel to your offer fills in the more money you will make, this is a general rule of CPA offer.There are quite a large number of those out there. The more common ones are Maxbounty, Peerfly, Cash Network. Experience has shown that those who are totally new to this will need to be guided on how to answer the questions so as to ensure that they get accepted by these networks.
The main requirement for you to be accepted at the CPA company is You must have a website, this can be a review website, blog Personal or any sales website. Your website should not use Free services, especially domains, due to the fact that CPA companies
will assume that you as a novice internet marketer and not
serious. Use the .com, .net, .org domain to communicate to them that you are
A professional marketer because the CPA company just wants to
be working with people who have demonstrable seriousness and
Knowledge in internet marketing.
If you do not have a website yet, I recommend creating a review website because it can be used to list with the CPA company. But your website can also generate dollars with SEO techniques such as google adsense.
Please register at one of the above CPA companies,
Okay the following things are commonly asked by CPA companies on
1. Personal Name or Company Name or Publisher / Payout
Answer: Your name
2. What Instant Messenger do you use?
Answer: I recommend using Messenger from AOL / AIM or
Gtalk, if you have not got it you can make it first.
3. What is your Instant Messenger handle?
Answer: give your AOL / AIM id
4. Enter Publisher Referral ID:
(Empty say if you do not have referral ID)
5. CPA Advertising:
Answer: 6-12 months
6. CPM Advertising:
Answer: 1-2.5 years
7. CPC Advertising:
Answer: 6-12 months
8. Is your traffic incentivized?
9. Do your traffic come from other publishers / media buys?
10. How much do you spend on advertisements?
Answer: $ 45 to $ 100
11. What country accounts for the majority of your traffic?
Answer: US, Canada, UK and Australia (US Preferred)
12. Other networks do you work with?
1. Google AdSense
2. Yahoo Publisher Network
5. Others: Mention the CPA Company that has received
13. Monthly earning level on other networks?
Answer: Mention $ 500 to $ 5000
14. Which methods you prefer to drive traffic?
Answer: Search, Display, Media (Mainly Organic Search Traffic is
15. Which Search Engines do you target?
Answer: Google, Yahoo and Bing
16. Which you prefer organic results, PPC, or both?
Answer: Both (or organic results)
17. URL to your site:
Answer: input your best website url
18. Where do you place advertisements?
Answer: On both owned and other sites.
19. Number of banner impressions per month?
Answer: 100K to 500K
20. Number of visitors Per month?
Answer: 10k to 100k
21. Number of impression you buy monthly?
22. Kind of advertising do you use?
Answer: Text and Banner Ads
23. Will you be interested in banner rotation?
24. Do you use a software for banner rotation?
25. What is your average eCPM?
Answer: 2.5 $ to 4 $ is a healthy eCPA indicator.
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What is bitcoin? More and more persons are asking the question because it just keeps popping up. The major news networks are now reporting on bitcoin in their financial news sections. Even Yahoo now has a reporting of the day to day value of bitcoin. So what is bitcoin? Read on to learn five important things that relate to the question of what is bitcoin.
What is Bitcoin?
Bitcoin is a virtual currency that you can buy with real money. That sounds very special, but that’s all right. If you buy a gift voucher, or coins at the fair, you do the same thing. The most important difference is who the coins spend. That’s not the shopkeeper or the fairy boss. It’s not even the bank or government. It is the participants in Bitcoins themselves who manage the currency.
The big advantage is that the currency can be exchanged between participants without anybody having a seat. And at a time when people are less confident in banks and governments, Bitcoin seems to be an attractive alternative for some.
Who is the boss or founder of Bitcoin?
Japanese programmer Satoshi Nakamoto has devised Bitcoin, but who he is and whether he really exists is unclear. He noticed that not a bank but the computers of all participants together manage the system and approve transactions. Based on his ideas, programmers have been working globally and have built the software that makes this possible. It is open source so everyone can contribute.
The system uses heavy cryptography to prevent coin creation being a matter of copy paste . And there is only a maximum number of Bitcoins that can be issued. Up is on. And thus, scarcity is inherent in the system. Some analysts, among others those of the European Central Bank, therefore compare Bitcoins with gold.
Where do the coins then come from?
The coins are not beaten but calculated. They call it ‘mining’. The algorithm that Bitcoin uses is made so that as more Bitcoins come, more computing power is needed to calculate them. Whoever contributes to calculating gets Bitcoins as a thank you. But now the demand is so high and the difficulty is so high that it only pays to mining Bitcoins with special computers. People build oneself and there are more and more companies where you can buy them.
How do I get to Bitcoin?
There are several marketplaces where you can buy Bitcoins in exchange for euros or dollars. The best known is Mt. Gox in America. A more than vibrant trade in Bitcoins has now evolved. There is even a waiting list for who wants to participate. In the Netherlands you can buy Bitcoins at BitBank or Bitonic via iDEAL. The rate is a lot less favorable than in America. Bitcoins save you in a wallet , a digital wallet. It can be on your own computer, or managed on the Internet. You can read more about Bitcoin.org.
What is the risk?
Bitcoin’s rate fluctuates enormously. There is no protection against a digital stock market crash. According to critics there is currently another analogy with gold, a real gold fever in progress. According to some, it may only end in a digital crash.
Furthermore, more and more governments are beginning to ask themselves what to do with it. More regulation is on the verge. And finally of course hackers. They have already stolen tons of Bitcoins in the past.
If your sales are a little on the slow side, you need to
polish your promotional skills and fire up the marketing
machine. This is the first of a two part article with a
total of 30
proven techniques to kick your
1. Use a PS and PSS after your signature. In the PS,
summarize the key benefit. In the PSS restate the bonus or
reason for ordering right now. Only your subject line is
more important than your PS!
2. Vary your subject and medium. If you send out a monthly
email promotion, vary the subject line. One month, your
subject line could read 'Hi! It's Jake.' The next month it
could read $1.99 special for the first hundred responses.
article with tips that will help your customers with common
problems. Your '$1.99 special' could be a direct ad. By
altering the format that you send, (article one time,
next) you will get more prospects past the subject line and
into your email.
3. Mail your customers on a more frequent basis. If you send
your customers a promotion once a month, double it. Send
them a promotion every two weeks.
4. Use add-on sales. The best place to get an add-on sale
is just before your prospect places their order. Include two
buttons or links at the bottom of your order form, one for
ordering just the product and one for ordering your product
with an add-on. Here's a quick example. You are selling an
a. At the bottom of the order form you include a text link
that says 'Click here to order
b. Directly underneath, you place a second text link that
says 'Click here to order
Upgrades for only $29.95.
c. Place a short paragraph after the button, explaining
all the benefits of ordering the Lifetime upgrades as well.
After the paragraph, place the Lifetime Upgrades order link
5. Upsell to a better product. If you are offering free
auto responders, upsell your customers to a better version of
your product. Quick example. You offer a free, quality
upgrades to a 'Gold'
they get an
6. Use current events to propel your sales. If the inflation
figures have just risen again, offer an 'Inflation Buster'
If you are then you will be happy to know that you can register for
free Social Media Mastery training
7. Offer additional products. After you have sold your main
product (with an add-on) keep in contact with the customer
and offer additional products. You can sell more add-ons or
upgrades that compliment the original purchase, or completely
8. Offer a payment plan. If you are selling a big ticket
item, offer to split the payments into three or four easy
instalments. Instalments can be spread over weeks or months,
depending on the size of the purchase.
9. Offer special promotions. Holidays like Christmas, Easter,
and Valentine's Day are perfect for special promotions.
Anniversaries and birthdays also give you a perfect excuse to
contact your customers and offer them a special promotional
10. Include a deadline. By including a deadline, customers
are more inclined to make a purchase sooner. It is human
nature to leave things to the last moment, so make sure your
deadline falls within a short period of time after you send
11. Use incremental deadlines. If you run a monthly special,
offer to include an extra bonus, plus a FREE gizmo and a
lifetime upgrade if they order before the end of the first
week. In the second week of the campaign, offer an extra
bonus, plus a FREE gizmo, only if they order by the end of
the week. In the third week, they get an extra bonus if they
order by the end of the week. And the fourth week, they get
the product with no bonuses.
12. Use the take away approach. This works well in conjunction
with the incremental deadline approach. Tell your customer
that if they don't order today, they will miss out on the
fabulous lifetime upgrade offer.
13. Make the purchase easy. Make it easy for customers to
purchase from you by offering alternative methods of payment.
14. Give guarantees. Make sure your product comes with a 100%,
no questions asked, lifetime, guarantee. People love to feel
secure when ordering. If you stand behind your product 100%,
you give your customers the security they need.
15. Sell to categories. If you find that your product is
popular with accountants, try a promotional campaign
directed to this category of customers.
At the end of this article you will find a link to a great
16. Offer a discounted product. Discounted products
attract tons of traffic. Take one of your best selling
products and slash the price as low as you can and still
make a small profit.
Your smaller profit will be offset with a larger
volume of sales. Even if you don't make a lot of money on
this one off promotion, you introduce more people to your
products and services and can contact them later to make
more profitable sales.
17. Give your product away! Although it sounds crazy at
first, it makes a lot of sense. The best example of this
technique is used in the software industry. Adobe Acrobat
Reader, Win Zip, and Group Mail all give away a free
version of their software. After you have used the product
and have a good feel for the 'inner workings,' you
probably want to upgrade to a more deluxe version. Your
upgrade is where the company makes money.
This is also an effective technique used by affiliate
programs. You sign up as a free affiliate and are then
shown the benefits of upgrading to a paid member.
18. Re-mail. Send your list a second chance offer by
re-mailing them. Statistics show that your same offer
that you mail today, will achieve approximately 70% of
its original success on the second mailing. Remember, it
takes an average of seven impressions before your
prospects actually make a purchase.
To automate the process, load a series of emails into
for you. Make sure you load several different offers
into your auto
sending the same offer over and over and over :)
19. Numbers and bullets. Make a list of features and
benefits and list this in your sales literature. It is
much quicker for a prospect to scan a list than it is
to read a paragraph.
20. Promotion warning. Give your customers an advanced
warning about upcoming promotions. This creates a demand
for your promotion even before it is released. You also
create a feeling of goodwill from your customers because
you have shown them that they are important.
21. Ask for referrals. The best type of advertising is
word of mouth. Place a referral form on your site where
customers can give you their friend's names and email
addresses. In return, you will give your customer a
special bonus and send an email to their friends on
their behalf. The email you send must include a very
special offer and refer to the customer that gave you
22. Rename things. Give standard items a new name and
prospects will respond. If you ask a prospect to
subscribe to your online magazine, or digital magazine,
your subscriber rate will increase faster than referring
to your publication as an ezine.
23. Double up. Instead of offering one item at a special
price, offer two. On average, the extra item brings in
an additional 45% more sales.
24. Bonus value. It is common to offer FREE bonuses with
every purchase on the WWW. If you don't offer free bonuses
you are losing sales. FREE bonuses are part of the internet
culture. Since everyone offers FREE bonuses, make yours
stand out by giving it a price value. Instead of offering
25. Swap ads. If you publish an ezine, swap ads with other
ezine publishers to increase your exposure.
26. Define your USP. What makes your business different
than your competitors? Your
gives your customers a reason to buy from you instead of
someone else. Are your products bigger, faster,
Every business has a USP. Find yours and promote it.
27. Testimonials. Your customer's opinions are worth
gold, especially if they write them down. Include
testimonials from satisfied customers in all of your
promotional material. This technique gives your product
or service more credibility in the eyes of your prospects.
28. Pre-sell. If you are introducing a new product, ask
your customers for their opinion a few weeks before the
product is released. This gives you time to tweek and
polish the product to perfection before its release.
When your product is released, you can send the customers
who have responded with suggestions a special discount on
the product as a thank you for their help.
29. Test. Send a trial offer to a percentage of your
mailing list. From the response, you can gauge whether
to roll out the offer to your entire list or rework the
details and try again. Testing saves you money and
increases your sales by giving you feedback in small
blocks before you use up your whole database.
30. Short and sweet. Keep your prospecting emails short
and to the point. Long emails are often deleted before
they are read. To present detailed information, get the
prospect hooked in your short email and invite them to
visit your site for the details.
IF you have enjoyed these 30 sales boosting tips please do
not be stingy. Hit the share buttons and share on social media
Also take hold of this
create and profit from your own high ticket digital products.
The following is the sermon that I delivered under painful circumstances… The memorial service for Adam Henry, who transitioned himself from this life at the tender age of twenty in April 2017. Suicide is never easy to deal with. It coughs up so many questions. In this message I sought to prayerfully offer some directions in the Bible that may help us work through some of the questions that arise, especially the ones that arise when the person who has committed suicide is one who has had a relationship with Jesus. What do we do and what do we say when a Christian takes his/her life. I share this here in the hope that we can learn some lessons from such experiences. It is my prayer that everyone who reads the sermon notes and or listens to the audio recording will find some answers. That it will lead us on a search of the Bible and a turning to God in the stillness of our hearts for a chat with Him, even if it is one where we hurl question after question at God…so long as we are prepared to pause long enough to listen when God is ready to respond.
LISTEN AND OR DOWNLOAD THE AUDIO RECORDING BELOW
Audio recording and upload >>
****Begin Sermon Notes ********
We gather here because the anguish of the grave has come upon us. We are in danger of becoming overcome by troubles and sorrow…but we gather to call on the name of the Lord, oh Lord save us.
There is no amount of preparation that gets us immune to death when it hit close to home. In fact we become dangerously and troublingly un-human, inhumane and dehumanized if and when we get to that point.
We are thus perplexed and vexed and grieved by death’s cold hand because eternity has been wired into our hearts by our maker. Intrinsically we know that we were meant to last forever. Life interrupted, paradise marred, death came into our reality through sin and remains forever the unwelcome guest on our pilgrimage through life.
With that reality comes the unnerving questions. The questions that we may even be afraid to ask out loud but the questions that reverberate in our minds and refuse to let us go. The existential questions that really matter. These questions have been around from time immemorial.
As far back as the time of Job the question of whether the experiences of personal pain and disaster are the punishment for individual sin. And if not the individual then someone close to the individual. Job’s friends were convinced of this…Job himself vacillated being self-condemnation and self- vindication as the stench of his own body vividly reminded him that he was in the throes of suffering. The disciples were convinced that the man born blind was bearing either his own punishment or that of his parents. Surely someone was at fault here.
Then there is the question about the role of or lack thereof of God. “Where is God” in all of this? Surely God can’t be with me and this has happened. Why has God allowed this happen? Is God hidden? Is God silent? Does God care?
I must hasten to indicate that our questions are valid, that God appreciates and understands our questioning. I hear the caution of those who say that we should not question God but I submit to us that God does not need us to defend him on this matter. From Job to Jeremiah, Moses to David, Habakkuk to the rest of the prophets we see lively banter between God and his people as they related to him out of the crucible of life. Indeed there is a case that can be made for our contemporary worship and prayer to take on far more true to life forms than the pious, disconnected disjointed and imported forms they have become.
I stand before you today vividly aware of how difficult a task is mine. I am also acutely aware that I do not have all the answers to the questions you have. What I prayerfully aim to do is to remind us of who does have the answers and some of what He has left for us to guide us through tumultuous times.
- God is with the victim – We think of Hannah, the barren woman, we think of Hagar the used and evicted domestic helper, the Israelites in Egypt, Ruth the widow, the woman with the issue of blood, the son of the widow from Nain, the daughter of the woman from Syrophrencia and countless others in the Bible and we get the clear impression that God is on the side of the victim. The OT prophets carry a consistent theme of God’s care for the widows, the orphans, the foreigners. They wrap up God’s Holiness with God’s care for the victim. Those who were called to be holy as he is holy were likewise charged to demonstrate holy living by taking care of the victims.
It is clear from the therapist’s diagnosis that Adam was a victim. A victim of this broken and fallen world of ours…a world where there are chemical imbalances in the brain, a world where some are born with brain structures that relegate them to a life of debilitating mental illness. A world where they become merely the subject of research and classification in a thick manual called the DSM. A world where terms such as crazy, cuckoo, deranged, possessed and loco are hurled at them. A world where they are feared and misunderstood.
- God does not victimize the victims – Gen. 21: God heard the boy crying, and the Messenger of God called to Hagar from heaven. “What’s the matter, Hagar?” he asked her. “Don’t be afraid! God has heard the boy crying from the bushes. 18 Come on, help the boy up! Take him by the hand, because I’m going to make him into a great nation.” – There are depths and heights and lengths and breadths to the Grace of God that we are not privy to which ought to preclude us from rushing to judgment on those who are victims. There are extremes of the extent of the cross’ reach that our own propensity to be stingy with grace may yet baffle and elude us.
- God is with us when we are with the victims: It stands to reason that if God is with the victims then God is most with us when we are with the victims. Life calamities engender opportunities for to re-humanize us. They drag us back from the wild goose chase of individuality and selfishness. Back to the values of community, solidarity, brotherhood and sisterhood. They bring us forcefully back to the place where we recognize that we were designed to journey together. In the space of disaster the flowers of love and care bloom brightest.
- God is with us in our pain- The Bible offers to us the clearest picture of God with us in the person of Jesus. In the place of the pillar of cloud by day and fire by night Jesus epitomizes the reality of the presence of God with humans. Throughout his soujourn he is repeatedly described as being moved with compassion as he encounters persons in the throes of life’s pain. He moves with an intentionality, He crosses the lake to get to deliver the man whose dignity and humanity has been reduced to a cemetery dwelling and self injuring bondage. The Roman occupation has driven him to a mental instability that makes him a prime candidate for both the DSM and the manual of exorcism. He heads upwhill to the little town of Nain to stop the funeral procession of this widow’s son. As he sees her his heart goes out to her. The heart of Jesus goes out to us here today.
The compassion of Jesus for us in this broken and sick world is far greater than we dare to imagine. This is best understood by understanding what exactly he endured on the cross. Every pain we experience, every sense of unfairness, every cry of isolation, every sensation of abandonment, every jilted lover’s forsaken cry, every belly bottom pain of a mother watching her son being buried… Every mind grappling with the questions of God’s silence, God’s distance, God’s rejection… All of this takes shape and new meaning if we grasp the fact that on the cross in those three hours of darkness Jesus experienced it all. His wounding, his piercing, his rejection, his being forsaken by the Father.
Beyond the bloody wounds in his body we must see the emotional pain, the psychological turmoil as he wrestles with the rejection of His Father- because he has not just come among us, he has become just like us… in every way… he has become sin. The rejection is brutal, the silence is deafening, the exchange is unfair… He has been through it and now He is at the exalted place of the right hand of the Father making intercession for us as our high priest. His holy Spirit that he has left us with also takes up our case… when tears and words fail us, making intercession for us with groanings that cannot be uttered but fully understood by the Father. Feel and sense and know that the blessed Trinity is walking with you through this valley of the shadow of death.
- God invites us into a life that transcends death: By tasting of death and swallowing death in the victory of His resurrection Jesus opens the door for us to accept God’s invitation to a life that transcends death. I have come that you may have life more abundantly. Life to the fullest, life that thrives, life that flourishes. Despite the realities of pain, evil, suffering, victimization. This call reminds us of the value and sanctity of life. The pain of death, the trail of victims it leaves in its wake speak to us about the need to preserve life. To those who may be battling their own mental demons, those here who may be feeling like taking a similar path I wish to echo the words of Paul and Silas to the soldiers who had been assigned to guard them in prison when they thought the prisoners had escaped: Do yourselves no harm we are all here. Jesus is here… He is here with us…He invites us to embrace his life…and we who have thus embraced his life must pledge to see… to perceive… to hear… to discern even those who like those soldiers have drawn their swords towards self harm… To cry out to them “do yourself no harm we are all here” We are here and we hear you… we refuse to label you any longer…we refuse to judge and victimize you any longer…God is with you and God is with us because we are with you.
**** End Sermon Notes********************
I am always on the lookout for ways to work smarter instead of harder. Classified ad posting can be hard work. I was therefore thrilled when I came across this method which shows how to get more from classified ads. See the image below for how exactly this is accomplished and take advantage of this method to put some high octane boost into your advertising efforts.
One of the most important marketing tips I have picked up along the way since 2006 came from a trainer in Attraction Marketing. For years I had been branding myself until I heard him say very clearly, brand yourself. Sounded strange, brand yourself, not the company, the products or the comp plan. All that is fantastic. But remember, people don’t really buy all that stuff.
What they buy is YOUR leadership.
And YOUR credibility.
By branding yourself, you automatically gain the position of authority. And people start flocking to you like a crowd of teenage girls packing out a Justin Bieber concert.