5 reasons why Bitcoin will rise in price

Now, many are interested in Bitcoin due to its attractiveness. My mother, for example. She ignored the 2 years of work that I was doing in the community Bitcoin, but when talking head on TV explained to her that digital currency - is a good investment, then demanded that I immediately went to Brooklyn and helped her to buy that same digital currency. This is a perfect illustration of how the media contribute to the popularity of Bitcoin, and hence an increase in its price. Well, if my mom on board, you can be sure - the ship off course will not get off.

When it comes to the question of why to invest in the "money of the future", the cost here cryptocurrency minor matters. Nevertheless, I can go call at least 5 reasons for further growth, capable of attracting new followers. If you regularly read us, you probably know some of them, or even all, but even then gather them in one place, I believe, will not hurt. And if this article will help you to look at Bitcoin from an unexpected quarter - well, then, I have fulfilled my task today is 100%.

Increase the value of Bitcoins has already been included in its algorithm
The volume of global transactions Bitcoin is growing, and the reduction in the number of newly arising cryptocurrency happened recently - 10 July. So that Bitcoin has all chances to add to the price.

The US dollar, as the rest of the paper money loses every day in purchasing power due to inflation caused by the growth of money in circulation. Bitcoin is deflationary in its algorithm: its production is falling, because every 4 years there is a reduction of unit awards. Now, therefore, for the blocks (they are born every 10 minutes) gives 12.5 Bitcoins.

In dollar is no formal limit, which would limit the total number of issued money - is arbitrarily regulated by the government or the central bank. In this paper money is usually available in larger than necessary amount to pay for bad debts, finance shameful war, etc. There is no debt, there is no inflation, no blood -.. Here is another important advantage of Bitcoin.

Fiatnye outlived its currency
The Internet gives us the opportunity to see how more and more of the economy based on paper money, roll down to the economic collapse (Greece, Cyprus, Venezuela, Argentina, Zimbabwe, and will soon follow them and others) - which means that we need a different system than the one which hardly collapse pulls from one to another.

Now Tunisia, a country in North Africa, has launched blokchain for the national economy, Mexico and Ecuador vengeance discuss the creation of their own based on blokchain digital converter, not far from it, and China and Japan trade Bitcoins against the yen. Look in this direction and such influential banks like Citibank and Deloitte.

Bitcoin interest on Wall Street
blokchain technology encouraged financiers, although Bitcoin about this until you tell me. In addition, there are serious reasons: Bitcoin has repeatedly found himself involved in a scandal, resulting in the approach to the controls is very different from country to country. That, however, does not prevent Wall Street to do on this map large bets.

Of the major players in the concept of Bitcoin actively interested PayPal, although it is in no hurry to include the technology in their businesses. Approximately the same situation is observed with such giants as Microsoft and Dell. Although now no one has any doubt that a truly mass, unless the global economic collapse.

In place of cash coming digital payments
In the world there is a tendency of transition to digital payments system with a gradual restriction of cash payments. This is done for the sake of economic control over all transactions, so that you can each of them to tax in the future. As a result, consumers may well decide that the Bitcoin is much more profitable to use.

While Bitcoin is not so popular, and the application associated with it, updating and protocols being developed. And so it has the potential for growth. We have only touched a little to what is actually meant for Bitcoin world. But today, it costs $ 535, while five years ago it was worthless (30 cents, to be exact).

Bitcoin is growing against the background of a falling dollar
"Quantitative easing" strengthens the US dollar inflation, which leads to the fact that its value decreases every year, causing a decrease in interest in it and search for alternatives. We can see how to create a new reserve currency, China is already calling.

It is worth considering that the dollar loses purchasing power at all on 1-2% per year, according to the government, and all of 5-10%. And the value of Bitcoins will grow proportionally. And the less the dollar will remain "the world's reserve currency," the more people will pay attention to Bitcoin.

Since cryptocurrency not belong to any one country and not related to the banking sector, it can only benefit from the destruction of the existing financial system and the rise in value like gold. Those who believed in the Bitcoin digital gold, managed over the past 6-7 years, not only to maintain, but also significantly increase their funds.