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RE: Crypto News Flash # 58 : Indian Finance Ministry Again Considered Cryptocurrencies As 'Ponzi Schemes' And Not A Legal Tender In India !!

in #bitcoin7 years ago

Bitcoin is like Digital Gold and it has immense potential,though maximum Indians aren’t aware of it. Earning bitcoin is like earning gold , its value increase everyday. Its currently having the highest Return on Investment among all trade-able commodities.Being decentralized,anonymous and free from the clutches of banks and governments,the power of bitcoin is unimaginable.From buying products and services from the dark web to buying an apartment in a legalized country, you can do anything and nobody can control these transactions. Bitcoin is the future.

"You can't stop things like Bitcoin. It will be everywhere and the world will have to readjust. World governments will have to readjust" - John McAfee, Founder of McAfee

In July 2010 , 1 BTC was 0.08$ and now it is 1777.77$ (CEX.IO) |1724.58$(Coinbase) , see the massive growth - 22,10,00%.Last year on 14th May Bitcoin was trading at 450$ and an in year it grew around 400%. Whereas , In July 2010 your physical Gold was Rs. 18867 and now its Rs. 27,500, only 46% growth.Recently after Japan legalized Bitcoins the bitcoin market grew from 2.9 billion USD to 30 billion USD in an week. In the coming 4–5 years other countries will follow the suit, the market will increase and the price per 1 BTC will reach 20,000$ , Mark my Words. Nothing in this world can give you such an huge return.