Sure, that’s not a seven-million-percent increase…but clearly the alternative currency is starting to gain some clout.
It’s not often that a completely new asset class comes along. These could be once-in-a-lifetime investing opportunities.
Bitcoin has passed the US$2,000 barrier for the first time. Will it continue? Find out..
Purchases of digital currency will no longer be subject to GST. Meaning the only time you’ll pay tax on your digital currency is when you spend it.
Bitcoin isn’t the only coin of its type. There’s a whole world of ‘cryptocurrencies’ that you can buy and hold your wealth in.
Make no mistake. Investing in bitcoin is as risky as it comes. However, the opportunity in Bitcoin today is not to be missed.
Now in the first week of March 2017, one single bitcoin has been consistently trading higher than the spot price of an ounce of physical gold. One bitcoin is now worth US$1,278. On ounce of gold is worth US$1,229.
Bitcoin has been making news since the Christmas period. The price started rallying upwards to reach a high of US$1,129.87 on 4 January.
Watch out criminals! The Aussie government is coming for you. Your criminal ‘cash economy’ is over, kaput, finite. The jig is up.
There are only minor differences between the blockchain and how we currently transact electronically. Yet these differences could lead to huge benefits in the long run. Let me explain how.