Bitshares Coin was created as a so-called cryptocurrency that is decentralized and relies on the blockchain. This ensures that the security of the money is fully up to date. In addition to this, the blockchain ensures total anonymity.
Except for the recipient and sender of the currency, no third party has access to data. The reason for this is that information is not transmitted to a central server.
One feature of the currency, particularly appreciated by investors, is the possibility of participation. Shareholders and all members of the community can participate in decisions about future developments. This applies not only to security concerns but also marketing and service decisions.
Investors benefit from this because the popularity of the coin plays a decisive role. Both of these factors generally lead to an increase in market capitalization and thus, price per unit. For investors who joined early, this means strong profit yields.
Last but not least, a higher level of awareness also makes marketing to online retailers possible. They can be more easily persuaded to accept the currency as a means of payment. There are rumors that negotiations are already underway with major online retailers.
Apart from its use as a means of payment, Bitshares Coin is a popular choice for investment. The history of cryptocurrency has shown that the biggest profits come from early investments. The multiplication of capital employed is not so much an exception as the rule.
If one believes the forecasts of experts, the boom in digital currency has yet to reach its peak. In fact, the biggest booms may yet be seen. It may be the case that in a few years, currencies such as Bitshares will outstrip conventional currencies. For investors, such a development would have significant advantages.
On the one hand, there would no longer be the need for physical cash. The mobile phone would likely be the only means of payment required. There would also be no need to convert one type of cash currency to another.
In addition, there would probably be greater financial stability. Finally, currencies such as Bitshares have been designed to limit the amount of coins issued. There would then be no oversupply, often called “money printing”.
In conventional currency markets, banks are actually aiming for a certain degree of inflation. Cryptocurrency on the other hand is flexible, stable and probably the future of payment transactions.
Rewards for acquisition of new users
In order to further increase awareness of the currency, recommendations by existing investors are financially rewarded. All that needs to be done is to recommend Bitshares and its potential to interested parties.
In this case, success means that the other person must acquire at least one coin. Even then, a reward in the form of cryptographic money awaits the one who made the referral. This is very attractive for investors, offering income potential in two ways.
Firstly, the process increases the value of the coin, while more revenue can be generated through recommendations. Family, friends and acquaintances can all be referred.
The more frequently a cryptocurrency is traded on the stock exchange, the easier it is to buy and sell large quantities of coins. In the case of Bitshares Coin, the daily trading volume has risen significantly – on some days, it amounts to more than 100 million US dollars.
Especially for private buyers, it is therefore easier to buy new coins or retrieve them in seconds. In the cryptographic market, this coin is now officially one of the most important currencies. If the previous growth continues, the pioneering role of Bitcoin may one day be overtaken.
Incidentally, the longer the coins of this currency are on the market the more they are traded. Financial industry experts attribute this to the fact that awareness and popularity has grown over time.
When this coin was first traded on the stock exchange at the end of 2014, the subsequent boom was far from expected. Rather, most people within this sector had yet to hear about cryptocurrency. Instead, other forms of investment were praised by the press and seen as more lucrative.
For example, shares were still heralded as the way to go. However, their risks and high losses were hardly taken into account. After three years, one thing can be said with certainty: for investors who took action early, this cryptocurrency will prove worthwhile.
The value of one dollar cent has now risen to around one dollar per unit. In percentage returns, this represents an increase of 10,000 percent. The question remains as to what the future holds for Bitshares. Forecasts might be far from clear, but the chances of further price increases are strong.
By investing in Bitshares Coin, investors have the opportunity to participate in the success of a promising asset. Cryptocurrency such as this coin is not only an investment but offers an exciting alternative form of payment. Especially in the online market, trade in this coin is already very popular.
If the boom persists as experts forecast, a leap into conventional trade is conceivable. In contrast to the euro and US dollar, cryptocurrency is a universal means of payment that has already been completely digitized.
Alexander Weipprecht is the managing partner of Provimedia GmbH. As a trained IT specialist for application development, he has been advising leading companies on the following topics for more than 10 years: online marketing, SEO and software. Cryptocurrency is becoming increasingly important to businesses and investors. Through Coin Report and Krypto Magazin Germany, Alexander wants to give all people easy access to the subject matter.