10

Is Envion a Scam Or Legit? – This Fact Makes Me Suspicious!

Recently, there has been lots of buzz around Envion ICO (Initial Coin Offering). During their ICO they have raised around $100,000,000 which is a huge amount. Still, many people are asking, “Is Envion a Scam Or Legit?”

There is one reason why some people think it’s a bit suspicious project even though they have a large and experienced team leading the development. Take a look at my video below to hear 1 important reason why I am a bit suspicious about their project:

What do you think about Envion? – Let’s discuss in the comments!

Anyway, the fact is that most crypto ICOs are very speculative and risky investments. There are some gems but most crypto experts say that only 1 out of 50 ICOs ever succeed in the long run. Still, I am researching potential ICOs regularly and I’ll invest in the best ones.

At the same time I build an online business with a simple 4-step process that you can learn by clicking the picture below:

4

Is Qtum a Good Investment? Who Are Behind This Project?

Bitcoin and Ethereum are the leaders in the cryptocurrency world. Their combined value is hundreds of billions of dollars. But what if you could take positive things from both of those projects and put them together? Qtum is often called as a “hybrid of Bitcoin and Ethereum”.

Yes, you heard right. Qtum is often called with that name especially by those who believe in this project. In my Qtum review, we are going to discuss things like, “What is Qtum? Is Qtum a good investment? Does Qtum have a future?” Read this article all the way through and share your thoughts below.

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Is Qtum Legit? – Video Review

Here you have an opportunity to have a look at my Quantum video review also. After you’ve watched the video, I advise you go through the article because there I explain more details than in the video.

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Qtum Review

Name: Qtum (XVG)

Launched: 2017

Type: Cryptocurrency

Short Review: Qtum’s goal is to provide a platform that doesn’t only provide a transaction of value but gives also an opportunity for companies to use blockchain technology in their businesses. Qtum has a strong team behind the project. They have a strong experience in programming, developing and also marketing. I believe the project has a great potential but at the moment it’s still in its infancy.

You can buy Qtum easily on Binance.

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What Is Qtum?

Qtum (read: Quantum) is a platform that was launched in the Spring of 2017 and it allows developers to build smart contracts and applications on the blockchain technology. Their main team of developers has a large experience of Bitcoin and Ethereum which is a good ground for this project.

Do you remember the cryptocurrency called NEO? It’s often called as “Ethereum of China” because the core developer team are Chinese. Some people also call it “Ethereum killer”. Qtum developers are also from China and it’s sometimes compared to NEO coin. It’s interesting that lots of these cryptocurrency projects are coming from Asia from countries like China and Singapore.

Qtum Explained in a Nutshell + Benefits of Qtum

Most cryptocurrencies enable you to send money (or value) to another person. Their goal is to enable direct transactions easily, effectively and without third parties. Bitcoin was the first one that had this idea back in 2009 and after that many other cryptocurrencies are just trying to make it better. More cost-effective, faster, etc.

Qtum wants to provide even a more powerful platform. Its goal isn’t only to enable you to transfer money but it also allows you and businesses to build applications that benefit from the blockchain technology. That’s a big goal and if they succeed, the value of this project will be huge.

Everyone doesn’t accept that the Bitcoin or Ethereum will the biggest things after 5 or 10 years. But almost all people who know about cryptocurrencies agree that the blockchain technology will change businesses in many ways.

If Qtum succeeds in their goal, it has a potential to become one of the biggest cryptocurrencies in the world.

Qtum Team – Strong Knowledge and Background

In my opinion, Qtum has done a great job when marketing their team. They explain that Qtum team members have experience from huge and successful companies like Alibaba, Baidu, NASDAQ and so on. In addition, their team members don’t only have experience of traditional companies but also about Bitcoin and Ethereum. And that’s not all!

Behind the project they have billionaire angel investors, executives from some of China’s largest technology companies and traditional Venture Capitalists. You can have a look at their full team on their official website but in the picture below you’ll see 3 of their main leaders:

Qtum team has combined tens (if not hundreds) of years of experience of programming and developing interesting projects. That’s pretty convincing, huh? The rumor says that 17 companies have partnered up with Qtum. I couldn’t confirm the information but based on my searches online I have found that some big companies are already collaborating with Qtum.

They also have a long list of backers including Roger Ver (one of the main guys in Bitcoin Cash), Anthony Di Iorio (one of the main leaders in Ethereum), Jeremy Gardner (Cofounder of Augur) and so on.

The Leader’s Background – Is Patrick Dai a Scammer?

Patrick Dai (before known as Steven Dai) has been involved with a controversial project called Bitbay in the past. Some people called it a Bitbay scandal and it didn’t leave a good reputation for Dai’s name. Probably that’s why he now goes under the name Patrick Dai instead of Steven Dai.

In the online world, I have seen a phenomenon “Once a scammer, always a scammer” for numerous times. I’ve seen some scam artists creating new scam products over and over again. Still, I want to believe in second chances. We need to keep in mind that Patrick Dai isn’t alone in this project. There’s a big team, lots of investors and many backers.

That being said, I recommend that you remember Dai’s background when you are making your investment decisions regarding Qtum. It’s not a good thing that he has been involved with a shady project in the past.

Qtum Price – 7 Times Higher in 9 Days

In the picture below you can see how the price of Qtum started changing at the end of 2017.  The chart starts from June 2017 and ends at the end of December 2017.

10th of December the price of one Qtum coin was around $10. The market cap was less than $1 billion. Then after 9 days, the market cap had risen to over $5 billion and the price of one coin became more than $70. If you invested $10,000 in 10th of December, you were $60,000 richer just 9 days later. That’s crazy!

Maybe it’s not so clear on the chart but the price grew also pretty dramatically before that. The market cap of Qtum was still less than $200 million in July but in December it has risen to $1 billion. And jumped to over $5 billion in less than 2 weeks.

Naturally, the price is now going down after that jump. Prices must make a correction but I believe it will start going up at some point.

Most likely we are not going to see similar jumps in the price of Verge in just 9 days but in the long term, it can grow a lot. For example, the market cap of Bitcoin is at the moment around 100 times higher than on Qtum.

Where to Buy Qtum? – Available on Several Big Crypto Exchanges

Qtum is mostly traded on crypto exchanges that are highly popular in China and in other parts of Asia. Biggest exchanges are Bithumb, EXX, and Coinone.  I think that those exchanges are not very popular among western traders who are living in the U.S. or in Europe. Therefore, you can also trade Qtum on Binance and Bittrex.

My recommendation is that you don’t put all of your money in young projects like Qtum unless you have studied in a great detail and you are fully convinced it will work. It’s almost always better to allocate your money to several projects that seem worthy because if one of them fails, you have still 2 projects that are probably doing well.

Notice that all thoughts that I’m sharing are my personal opinions and not official investment advice. Still, I know much more about investing about an average Joe. I would always love to hear and discuss your opinions about each cryptocurrency that I review. You can leave comments below this article to join the discussion.

=> You Can Buy Qtum on Binance.

Conclusion – Is Qtum a Good Investment?

With the current team of Qtum, we can expect something big to happen. They have a huge knowledge of programming, technological stuff and blockchain technology. Qtum has been able to partner up with big investors, companies and many big names in the crypto world are backing this project.

I need to admit that Qtum team doesn’t only know how to do programming but also how to market their system effectively. That’s, of course, a positive thing for the value of Qtum. With their marketing skills, they are able to partner up with significant companies, get more people involved in the project and become larger.

But as we have talked regarding many other crypto projects, again we need to admit that Qtum is still in its infancy. Older projects like Bitcoin have much more real-life applications already. NEO is also further than Qtum because it was launched around one year earlier. That being said, I believe that the Qtum price has a room for growth when they continue developing their project further.

It will be highly interesting to see where Qtum will be in 3, 5 or 10 years. Based on my SHORT research I believe that Qtum will be around still after 5 years and if they have succeeded, the value can be great. But keep in mind that I may be wrong with this prediction.

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What do you think about Qtum?

Is it worth buying or not?

How Much will the value be in the future?

Let’s discuss in the comments below! 🙂

3

What Is Verge? Does Verge Have a Future Or Will It Fall?

12th of December 2017 one of the biggest cryptocurrencies channels on YouTube made a video of Verge. He explained that Verge is at its all-time high and had become already the 79th biggest cryptocurrencies in the world by value. In the same sentence, he also mentioned that usually, it’s not the best idea to buy at the all-time high because the price will most likely dip.

Less than two weeks after that Verge coin had risen to top 10 of the biggest cryptocurrencies. What happened? Will the growth still continue? What is Verge and what are the main features? Take a look at my article and you’ll know more about this highly popular cryptocurrency in a minute.

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Is Verge Worth Buying? – Video Review

In my Verge video review, I underline a few key elements of Verge and discuss whether it’s worth buying or not. I believe you’ll find this and valuable.

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Verge Review

Name: Verge(XVG)

Launched: 2014

Type: Cryptocurrency

Short Review: Verge is an interesting project and I think it adds nice value to the competition for privacy coins. They have been around already since 2014 but started kinda “slowly”. Now they have a large team of developers working on this project and it will be interesting to see how this project will work out in the future.

You can buy Verge easily on Binance.

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What Is Verge?

Verge is one of the oldest cryptocurrencies. Most of the cryptocurrencies that we have analyzed here on YourOnlineRevenue.com are created in 2017 but Verge has created already back in 2014. Well, that’s “only” 3 years but 3 years in the world of crypto projects feels like 30 years in the real world. Everything is changing there so fast.

It started first with a name DogeCoinDark. You have probably heard of the other coin called Dogecoin. In 2016 DogeCoinDark was rebranded as Verge because the founders wanted to make it clear that they don’t support any criminal activities.

Verge puts the high emphasis on privacy like Monero, Zcash and a few other cryptocurrencies. Even though blockchain ledger is public on Verge, nobody sees who sent or received the money. Some experts even say that Verge and Monero are the only “real” private cryptocurrencies and other projects fail to maintain a full privacy of users. Anyway, we’ll discuss the privacy issues further.

You can read a full explanation of Verge’s features on their black paper. Notice that they don’t call it a white paper but a black paper because they want to underline the privacy of this cryptocurrency. Black paper is fast to read because it’s only around 10 pages long. Verge has a large team of developers and contributors working on this project. In addition, you will find more information about them on their official website.

The Goal of Verge

The mission of Verge is to bring blockchain transactions into everyday life. Then we wouldn’t need third parties like banks or other financial institutions. Actually, that’s the goal and mission of the most cryptocurrency projects but Verge is, of course, trying to make it better than other ones.

They want that people could make direct transactions:

• Quickly
• Efficiently and
• Privately

There have lots of discussions about the privacy of cryptocurrencies. Should transactions really be completely private? What about all the criminal activities and hiding tax officials? Let’s talk about this in the next chapter.

Privacy of Verge – Blessing Or a Curse?

I remember when I heard about the Bitcoin for the first time for a few years ago. It had a reputation that it’s widely used by drug dealers and other criminals. Some people were saying, “If you buy Bitcoins, you support criminal activities.” But the same principle would apply to any other technologies then, right?

There are many bad things happening on the Internet. Some people are selling drugs, porn, free sex and other unethical things. But does it mean that if I use the Internet, I’m supporting those activities? Of course not! The Internet can be also used as a tool for spreading good messages, encouragement, education and supporting many worthy projects.

The fact that some people use cryptocurrencies and blockchain technologies for bad purposes doesn’t mean that the technology would be bad itself.

I am a fan of Bitcoin but we do need to keep in mind that Bitcoin isn’t as private as Verge or Monero. The sender and the receiver are recorded to the blockchain. However, people don’t usually know who is behind a long Bitcoin address “bc1qw508d6qejxtdg4y5r3zarvary0c5xw7kv8f3t4” unless you tell them. (Note: That’s not my Bitcoin address, it’s just a random one from the Internet.)

People who argue that everything should be private explain to you, “Imagine a situation that all your money and transactions would be public. Everyone would see all the money you have and everything that you purchase. Is that the situation you want? Isn’t privacy much better? You can show your financial information only to relevant people.”

That’s a valid point and I also think that the privacy can be a good thing. That’s why It could be a good idea to put at least some amount of your cryptocurrency portfolio to privacy coins that you believe in. I wouldn’t go all in with Verge but I must admit that there’s potential for the project.

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Verge Is a “Cent Coin” – Is It Good?

The circulating supply of Verge is at the moment more than 14 billion coins. It’s one of the biggest ones. Ripple has a circulating supply of +38 billion and Stellar has around 18 billion. It means that there are around 14 billion Verge coins at the moment (and 38 billion Ripple coins).

This means also that the price of each Verge or Ripple coin is very small. One Verge costs less than $0,20 at the moment. That’s why people are saying, “Verge is so cheap! It’s only less than $0,20 while one Bitcoin is $15,000-20,000!” That shows only the lack of their understanding.

The circulating supply of Bitcoin less than 17 million while with Verge is around 14 billion. Therefore, I wouldn’t pay high attention to the price of each coin. A more important thing is the value of the whole market cap.

The market cap of Verge is now over $2,5 billion. So, a good question before you invest in Verge that you should ask is, “Is the value of Verge project really more than $2,5 billion?” If the answer to that question is, “Yes” you can invest. But if you think that the project isn’t worth over $2,5 billion, you should back down.

Then the other question is, “Will the small value of each coin affect psychologically to other investors so the value would go up?” Often investors don’t make rational decisions but the human nature and our emotions affect a lot. So, when people see a Verge coin that costs only $0,20 they may think it’s cheap while one Bitcoin that costs $20,000 may seem expensive.

That’s not rational thinking as we saw above but that’s how many (uneducated) investors may think. It can have an effect that more investors put their money on Verge and the value goes up. What do you think about this? I would love to hear from you in the comments below this article.

How to Buy Verge Coin?

You can buy Verge con already in many crypto exchanges. The biggest ones where you can buy Verge coin are Bittrex and Binance. Actually, around 90% of Verge trading is made in those two exchanges so they are really the major ones.

I haven’t yet written reviews of those exchanges but I’ll publish my articles in the following weeks so you’ll know more about them.

Verge coin isn’t yet listed on huge exchanges called Coinbase, Kraken or Bitfinex. If it will be listed to any of those exchanges in the future, I believe the price will momentarily jump very high. For short-term traders, that’s a good opportunity to make money. However, I don’t personally, do short-term trading almost at all. I prefer holding for the long term usually if I buy some coin.

=> You Can Buy Verge Today on Binance

Conclusion – Is Verge a Good Investment?

Most people who are reading this article (probably you also) want me to give a confirmation, “go and buy Verge” because they are already interested in it. I don’t give any official investment advice but I share my own opinions.

I am personally, going to put a certain amount of my cryptocurrency portfolio to privacy coins. Will it be Verge, Monero, Zcash or all of them? I’ll keep it as my private information. I think that all of those projects have potential to become something big in the future.

When we talk about cryptocurrencies, you need to keep in mind that huge companies like IBM, Microsoft, Samsung, even JP Morgan and so on, are part of developing applications with blockchain technologies. Therefore, I believe that the future looks bright for cryptocurrencies.

I recommend that you “hop in” and invest at least to some projects that you think are worthy. I recommend that you study the biggest cryptocurrencies yourself and decide which one seem the best projects in your opinion for the long term. Which ones are going to have the most positive impact on the world if they succeed?

Don’t sell your house and put all of your money to Verge. With any kind of investing there’s risk involved and I want to be sure that you can provide the house and food for your family also in the future. 😉

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What do you think about Verge?

Is it worth buying or not?

How Much will the value be in the future?

Let’s discuss in the comments below! 🙂

18

Is Tron a Good Investment? 5 Interesting Facts to Consider!

Tron has gained so much popularity recently in the social media and cryptocurrency circles. It has even won some Gallups of the most potential cryptocurrencies in the world. The price became 10 times higher in a few weeks during December 2017 and probably new millionaires were born.

What is Tron? Is Tron a good investment? Who are behind this project? Does Tron have a future? If you are looking for answers to any of these questions, you have come to the right place. I hope you’ll find my article informative and it will help you to understand more this project. If you have any questions, feel free to ask them below and I’ll be more than happy to answer all your questions personally.

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Is Tron Worth Buying? – Video Review

Before you run into the article, I want to give you an opportunity to take a look at my Tron video review. I underline and highlight a few important things about Tron coin. Enjoy! 🙂

UPDATE: I have bought Tron on Binance because I think there’s a great potential for the future.

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Tron Review

Name: Tron (TRX)

Launched: 2017

Type: Cryptocurrency

Short Review: Tron seems to be a very potential coin. People are talking about it so much on social media that the value will most likely go up in the near future. Tron has also a great potential for the future but it depends on how well their development team will manage to build this project.

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What Is Tron?

Tron is a cryptocurrency created by a famous Chinese entrepreneur called Justin Sun. You can take a look at the whitepaper of Tron to find all the details about their project. It’s very thorough and explains their philosophy in a great detail.

The ICO (initial coin offering) of Tron was so popular that Binance crashed. Binance is one of the most popular cryptocurrency exchanges in the world. I’ll publish a review of it soon to tell you more about their services.

1.The Value of Tron Coin Became 33 Times Higher in 15 Days

The value of Tron really jumped to the sky in December 2017. 6th of December people were trading it for 0,2 cents (=$0,002). The value started rapidly rising and Tron hit its peak back then in 21st of December. The value of one Tron coin has become more than $0,67. That’s a pretty big jump, huh? I wish I would have been part of that lol!

Let’s imagine that somebody invested $33,000 in Tron in the beginning of December. Now he would be a millionaire. That’s crazy. If you think that $33,000 is a huge amount, let me tell you that I gained +$50,000 with cryptocurrencies in less than two months and one of my best friends made +$1,000,000 in two days. So yes,  people are really putting in lots of money and gaining as well.

I have mostly invested in the biggest coins that are already more stable than the smaller ones but if you want to make the biggest gains, then you would need to search for the best altcoin that has the greatest potential to grow in the future.

=> You Can Get Tron Easily on Binance!

2.Tron Is a “Real” Cryptocurrency

There are some so-called cryptocurrencies that are just scams, Ponzi schemes or something like that. Then there are real cryptocurrencies and projects that provide real value and try to improve the world. Some of the most famous crypto scams are BitConnnect and CoinSpace. Gladly, Tron isn’t one of them because it’s a real project by a strong team of developers.

• Decentralization

There are two kinds of cryptocurrencies: Decentralized and centralized ones. The idea of decentralized cryptocurrencies is that nobody is running the show. Compare it, for example, to the current financial system. Big banks and governments are running the show are deciding what happens, how much money there is, etc. One of the first ideas of cryptocurrencies was that it wants to take the power away from the banking system that has too much power.

There are also cryptocurrencies that aren’t decentralized like Ripple for example. I think that Ripple project is great as it’s trying the improve the current system. It’s completely different than other centralized projects that were scams in the crypto world. Anyhow, Tron wants to be a completely decentralized cryptocurrency so a single institution isn’t running the show. Even though the goal is to be decentralized, somebody has to start the project and develop it.

• Blockchain Technology

Transactions that are made with Tron coin are recorded to the blockchain ledger. Actually, based on my research Tron supports numerous blockchain networks including Ethereum, Bitcoin, EOS, and Qtum which are all some of the leaders in the cryptocurrency world.

This enhances Tron’s utility and liquidity. Also, Tron’s ability to cross-platform transactions gives it a good edge against many other coins.

• Smart Contract Protocol

You are probably familiar with the word “Smart Contract” if you have read about Ethereum or NEO, for example. It easily enables users to access the features of the cryptocurrency. While Bitcoin provides an opportunity for a transaction of value, smart contract technology provides a possibility for transfer of value with specific requirements. I have read more about this in my other articles so I don’t go into details on this one.

3.Tron Gives Credits for Creators

I am a full-time Internet marketer and I have used Google and YouTube ads for making money. Then I know people who have uploaded their games to Apple or Android Play Store. One thing when working with these platforms is that the creator of the platform takes a large sum of the money. Exact percentages may wary but the conclusion is that a large number of earnings goes to someone else’s than to creators’ pocket.

The goal of Tron is trying to build a platform/technology that gives rewards and credit directly to creators. Actually, Tron is trying to build something else than just a platform. It tries to build a whole “Internet” where creators can get rewards for their work.

4.Justin Sun (the CEO) of Is One of the Most Influential Asians

Justin Sun has been twice noted as 30 most influential Asians under 30. In order to achieve such an honor, you need to do something significant. If somebody has succeeded in his life before, he has good chances to succeed again. I believe that a person’s track record has often a big impact on his future. Not always but often.

I was working in a company where under my boss pretty much the whole team had quit the job. Then she became my leader. Guess how long I remained in a position? 1,5 months. She was a nice person but there was something wrong with her leading style. It felt that she didn’t believe in the employees enough.

That was just one example of my life where I have seen that the history and the track record shows the future results. Of course, history is never a guarantee for the future but it can give some good probabilities and signs how the future will most likely turn out to be. That’s why I think it’s a good thing for Tron that it has a strong leader who has received good results in the past.

5.Tron Has an Active Community of Users

When I follow discussions in Facebook cryptocurrency groups I see that Tron is the favorite coin of many people. They are sure that the price will go up in the future. This hype has for sure a big impact on the short- and mid-term price of Tron.

When people talk about it, more people get interested and they buy it also. Actually, I heard about Tron for the first time in Facebook groups and I got interested because so many people were talking about it.

I talked once with one of my friends who is a great expert on Bitcoin. He has studied Bitcoin and other cryptocurrencies for thousands of hours. He underlined the importance of the community and the people that are using the coin. The best technology doesn’t help if nobody is using it.

He gave an example of Facebook. Everybody is using it because also so many other people use it. It may not have the best technology of all social media in the world but it doesn’t matter because everybody else is already using it. You can try to use some small social media but it doesn’t give you much happiness if none of your friends or family members aren’t there. The same applies to cryptocurrencies. There may be a small coin with a great technology but it doesn’t have a great value in the real life until many real people are using it and it has real-life applications.

On the other hand, we are still in the infancy of most cryptocurrencies and most of them don’t have very much real-life applications at the moment. That’s why investors are mostly ‘betting’ when they see the potential of one coin in the future. In 3, 5 or 10 years we’ll probably see more which coins will affect people’s everyday lives the most.

Where to Buy Tron? – I Bought It on Binance

My friend recently bought around 15,000 Tron on Binance. I have used also Binance for Tron and I have invested more than him. Even though Tron isn’t the biggest cryptocurrency in my portfolio, I have still invested a significant amount on it because I believe in its long-term potential.

In my opinion, the easiest way to buy Tron is to get it on Binance. They have low transaction fees, easy-to-use platform and it was easy to get started.

=> You Can Buy Tron on Binance Today Like I Did!

Conclusion – Is Tron a Good Investment?

Based on the factors that I explained in the article, I believe that Tron has a good potential. I can’t guarantee the growth but I’m pretty convinced that the price will grow at least in the short- and mid-term compared to fiat currencies.

At the moment I am personally investing mostly on the biggest cryptocurrencies but I may put a small amount of my portfolio to smaller coins like Tron. If you find the most potential coins, you’ll make a fortune. I have researched tons of different cryptocurrencies and many of their prices have gone up 10, 50 or even 100 times in a year. If you invest $1,000 in a coin that goes up 100 times in a year, you’ll have $100,000 when the year ends. Not bad, huh?

That being said, there’s risk with any kind of investing and you should also take that into account. I usually like to mention about proven ways to make money online as well. You probably know that you can make some money with cryptocurrency faucets and by mining but the rewards are so small that it’s not worth it.

Here’s a better way to make money online that I use myself. In my opinion, it’s good to build several income streams so all of your eggs aren’t in the same basket. Even if you lose in one, you can win with others and make a good profit. Click the picture below to get started.

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What do you think about Tron?

Is it worth buying or not?

How Much will the value be in the future?

Let’s discuss in the comments below! 🙂

(Disclaimer: This article is not an official investment advice. It only represents my personal opinions but shouldn’t be taken as an investment advice.)

8

Is RaiBlocks a Good Investment? – RaiBlocks Vs IOTA

In this article, I am going to present your facts and information about RaiBlocks. It will help you to answer the question, “Is RaiBlocks a Good Investment or just too good to be true?” At the end of this article, I’ll also reveal my own personal opinion.

Notice that I am not giving official investment advice but just giving my opinion based my own research. I hope you find it helpful.

UPDATE: Nowadays Raiblocks is known as Nano and you can buy it on Binance.

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Is RaiBlocks Legit and Worth Investing? – Video Review

Before you go through the article I want to give you an opportunity to have a look at my video review of RaiBlocks. Afterwards you can read the whole text to get a more detailed picture of this cryptocurrency.

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RaiBlocks Review

Name: RaiBlocks (XRB)

Launched: First Implementation Was Launched in 2014

Type: Cryptocurrency

Short Review: RaiBlocks has huge ideas: Unlimited scalability, instant, and free transactions. The technology is different than with other coins like Bitcoin. All coins are already distributed and no more will come to the pool. RaiBlocks/IOTA technologies make free and instant transactions possible but some people say it’s too good to be true.

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What Is RaiBlocks?

RaiBlocks is a decentralized cryptocurrency that is supposed to solve the problems related to the scalability. Technology is similar to another project called IOTA which is even more famous. Recently, IOTA became extremely popular and rose to the top-5 of the biggest cryptocurrencies after publishing their partnership with huge companies like Microsoft and Samsung.

You probably know that Bitcoin was the first cryptocurrency. After that many people have been trying to create a better technology because there have been some challenges with the Bitcoin’s technology. Sometimes transactions have taken up to 1 hour and there has been even $20 transaction fee.

Raiblocks technology aims to instant and fee transactions with an infinite scalability. It’s using different technology than Bitcoin. There isn’t mining with RaiBlocks because all coins are already in the circulation. You are probably familiar with this kind of things if you have read about IOTA.

If you are interested in taking a closer look at Raiblocks’ technical details, I highly recommend reading their White paper. It explains how transactions work and other important stuff. I need to admit that in order to understand it you may need to read it a few times.

The Goal of RaiBlocks

I have sometimes seen the vision of RaiBlocks stated in the following way:

“It does one thing, and does it well.”

The goal of most cryptocurrencies is to enable the transfer of value (money). So, if you want to buy something, you could buy it easily. Or if you need to send money easily and fast without big fees, you could do it.

How Was RaiBlocks Distributed?

I mentioned above that RaiBlocks wasn’t mined like Bitcoin for example. At the beginning, Raiblocks were given to people who solved captchas. As you can imagine, the value wasn’t very big back then because solving captchas doesn’t ever give big rewards.

It’s said that many people even from cheap countries like Venezuela were using these RaiBlocks faucets to get coins. Then the rest of Raiblocks were distributed in 2016. Now all 133 million XRBs are already in the circulating supply. There won’t be more or fewer coins in the future because the amount will remain the same.

RaiBlocks Team: Transparent – Not Hiding Information

There are some cryptocurrencies that are hiding information about their founders and developers. Probably the most famous example of such shady projects is called BitConnect. Pretty much all reliable online entrepreneurs call it a Ponzi scheme or a scam.

With RaiBlocks the situation is completely different because they are openly showing their team members and giving information. In addition, it has a much more positive reputation than shady projects like BitConnect. This, of course, builds trust with the team.

Some RaiBlocsk Team Members

• Colin Lemahieu — Coin designer
• mikerow — Web developer
• sergsw/byte16 — Network supporter
• Timothy Redaelli — System administrator

You can find information online about Colin Lemahieu who is the leader of this project.

RaiBlocks – No Mining Pools, No Masternodes

I want to underline this characteristic about RaiBlocks. With most cryptocurrencies, there are miners or masternodes who take care of transactions and get some reward for doing that. For example, Bitcoin and Vertcoin have miners and some people earn money with it. With other coins like Dash, there are masternodes who get also a reward.

Things are different with RaiBlocks because of their technology. I don’t know if you remember my article of IOTA? There I explained how their tangle technology works which enables free transactions. When people make a transaction in a tangle, they “confirm” two transactions that were made before them.

The fact that there aren’t miners or masternodes may help to make the cryptocurrency even more decentralized. Some people are saying about the Bitcoin that people/organizations who have big warehouses for mining have too much power. The same is said about the masternodes. Well, you don’t have that challenge with RaiBlocks.

On the other hand, you can’t then earn money for becoming a masternode or mining because there isn’t such thing. Still, some people are working on the project because they believe in its potential and growth.

Is RaiBlocks Worth Buying?

First, let me tell you a little background about the price of RaiBlocks. It has been rapidly growing during the whole 2017. In March 2017 the price of one RaiBlocks was less than $0,01 (1 cent) and the market cap was a few million dollars. Then it grew to more than $0,15 per coin when we came to June 2017. The price dropped for a while until it started growing again.

The price still didn’t grow to more than $0,20 per coin before December 2017. Then something huge started to happen. The price of IOTA (the cryptocurrency that is using pretty similar technology) jumped to the sky and the same happened to RaiBlocks. It went from less than $0,20 per coin to ~$4 per coin in a few days. That’s so crazy! 😀

Of course, the price dropped from $4 but now a bigger audience started getting more interested in RaiBlocks. Before it had always been a pretty small coin but in December 2017 the market cap went to millions of dollars. There was certainly a bubble when it grew like 20 times in a few days but I think it still gave lots of more publicity to this project.

There are always lots of traders and players when it comes to cryptocurrencies but some people are behind certain projects no matter what.

Where to Buy RaiBlocks?

At the moment, you can’t buy RaiBlocks on the biggest cryptocurrency exchanges like Coinbase, Bitfinex or Bittrex. That being said, there are still a few ways to buy RaiBlocks. You can buy them from:

1. Kucoin (I have bought Raiblocks on Kucoin.)
2. BitGrail
3. Mercatox
4. BitFlip
5. Or create a wallet straight on their website RaiWallet.com (see the screenshot below).

 

I see it as a positive thing that Raiblocks isn’t yet

Conclusion – Is RaiBlocks a Good Investment?

I’m not a trader but rather I’m a long-term investor. IOTA and RaiBlocks have good ideas and visions but I’d rather choose IOTA at this point. Even though it’s more expensive than RaiBlocks, I believe it still has room for growth.

On the other hand, if Iota does well, most likely RaiBlocks will do well also because they are using pretty similar technologies. IOTA is more popular than RaiBlocks at the moment and it has several benefits.

More popularity => More people invest in the coin => The price and market cap go up => It gets even more popularity => Even more people invest into the coin => Developers (who own the coins), get more money for their project => the cycle repeats. That’s why it’s important how many people are already behind the technology.

I would also like to hear your opinions between IOTA and RaiBlocks. Which one is more potential in your opinion? Have you invested money on both of them like I have? Did you use Kucoin for buying Raiblocks? 

Then many people who are into cryptocurrencies are also interested in making money online in general. That’s why I want to show you Wealthy Affiliate which is the place that taught me to make money online with affiliate marketing. It’s another great way to earn money online and I know that many of you could make big money with it.

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What do you think about RaiBlocks?

Is it worth buying or not?

How Much will the value be in the future?

Let’s discuss in the comments below! 🙂

10

Is Bitcoin a Ponzi Scheme Or Does It Have a Great Future?

Yesterday, I made an interesting interview with a real Bitcoin expert Frans Valli. It’s now live on YouTube! (Link in the first comment)

I ask Frans 7 tough questions about Bitcoins and about its future.

Frans has studied Bitcoins (and other cryptocurrencies) for thousands of hours and has worked in different Finnish Bitcoin companies so he knows the subject extremely well.

Here is a short summary of this Bitcoin interview:

1. How do you know so much about Bitcoin? Give us some bakcground. 0:44
2. Is Bitcoin a Scam? Is Bitcoin a Ponzi Scheme? 2:55
3. Why is Bitcoin so expensive? Is Bitcoin a bubble? Bitcoin price prediction? 5:28
4. Does Bitcoin have a future? Bitcoin vs alt coins 8:33
5. Is Bitcoin effective? What about the electricity consumption? 9:40
6. Bitcoin vs Banking system / Visa transactions 11:28
7. How to buy Bitcoin? Which platform do you recommend? 13:37

I would love to hear your comments and opinions about the subjects that we talked about. We’ll consider make a new interview video in the future if we get enough good questions and discussion.

Also, if you have any questions regarding other cryptocurrencies, you can leave them in the comments below. I can answer you right away or create a full article a video for more detailed answer.

What Is Bitcoin and How Does It Work?

If you haven’t heard of Bitcoin before, I recommend taking a look at my article, What Are Bitcoins and How Do You Get Them? (And How I Made Already Easy 1500€ Without Lifting My Finger). Actually, I have earned tens of thousands of dollars with cryptocurrencies but the principles of Bitcoin are still the same like in the moment when I was writing that article.

9

Is Zcash Worth Mining and Investing? Read My Honest Review!

I noticed that hundreds of people are asking questions about this cryptocurrency on Google, “Is Zcash worth mining? Is Zcash a good investment? What is Zcash all about?”

Therefore, I decided to write this article to answer your questions. I believe you’ll find my Zcash review helpful and valuable. If you have any questions and comments after reading my article, you can always leave a comment below and I’ll be more than happy to help you out.

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Is Zcash Mining Profitable? What About Investing? – Video Review

Before you dive into my full Zcash review below I want to give you an opportunity to have a look at my Zcash video. Then you can read more details below after watching the video.

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Zcash Review

Name: Zcash

Launched: 2016

Type: Cryptocurrency

Short Review: Zcash falls into the “same category” with Monero and other privacy-focused cryptocurrencies. If you think that they have a good future, investing in Zcash is a reasonable option. Mining Zcash is more profitable than mining many other coins but I still think it’s not worth my/your time. In my opinion, there are better ways to make money online than mining cryptocurrencies.

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What Is Zcash?

Zcash is a decentralized open-source cryptocurrency just like pretty much all of them. However, it puts a higher emphasis on privacy than Bitcoin, for example. It means that in transactions the sender, recipient and value are hidden on blockchain. Zcash is often compared to another privacy- and security-focused cryptocurrency called Monero.

Zcash transactions are extremely fast and sometimes it has taken only around 6 milliseconds to verify a transaction. In that sense Zcash can be compared to Dash which is also famous for almost immediate transactions.

Benefits of Zcash – And Some Controversy Around It

Zcash has several obvious benefits compared to many smaller and unknown coins. They show their team transparently and openly. Many people are saying that the team behind Zcash is full of “cryptocurrency experts” who have a long background in the industry.

Of course, nobody yet has a huge experience because these technologies are relatively new but there is still a great difference whether founders have 1 or 7 years with cryptocurrencies. We can confidently say that Zcash is far from dishonest coins like BitConnect, for example.

Fast transactions and high security/privacy can also be seen as great benefits. Usually, everyone wants to keep their money safe so other people can’t see the transactions. But it has also some drawbacks.

Some regulators aren’t so happy about completely private coins because it opens new opportunities for criminals. When transactions are completely hidden and untraceable regulators can’t see if criminals are moving money from one to another. It can also help some people to avoid taxes. This can affect negatively to the value of Zcash if regulators decide to make some rules against completely private cryptocurrencies.

There has been also some controversy around Zcash just before its launch. Around 10 percent of all coins were mined within a short period of time so founders got their own big part of the cake. The price of Zcash was also pretty high right after the launch but it dropped quickly close to 0. It started a steady rise in the Spring of 2017 like many other coins and the value exceeded momentarily $1 billion before the end of 2017.

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Is Zcash Worth Mining?

Yesterday we talked about Vertcoin and said it’s one of the most profitable coins for mining. Still, we came into a conclusion that mining Vertcoin isn’t most likely worth it because there are many more profitable ways to earn money online.

As I mentioned in my Vertcoin review, mining cryptocurrencies won’t make you rich. That applies also to mining Zcash. Yes, you can earn some money with mining but not very much. People have been able to earn around $10 by mining Zcash but I think the rates are even going down.

Mining cryptocurrencies is mostly passive income which means that you don’t need to work but money still keeps on coming in. Still, you need to have a computer, pay for the electricity, check that the computer is mining and so on. It doesn’t make much effort but if the reward is less than $10 per day I don’t think it’s worth it. That’s why I don’t do it myself.

I would love to hear your opinions in the comments below this article. Do you have some experience of mining different crytpocoins?

Is Zcash Worth Buying?

Now when I am writing this, we are coming to the end of the year 2017. The market cap of Zcash is almost $1 billion.

When the price has grown from less than $40 to more than $300 in under a year, many people are wondering whether the coin is still worth buying or not. Actually, the same phenomenon has happened to almost all cryptocurrencies.

Pretty much all cryptocurrencies started rapidly rising in the Spring of 2017. The prices doubled, tripled and quadrupled. Some prices went from 1 to 50 within a few months. That was insane. It was probably the first time when a big audience and masses started hearing about these new technologies.

Now the popularity of the blockchain technology and cryptocurrencies is growing even more and I believe that the price of Bitcoin will pass $50,000 during 2018. Then the question is, “What will happen to Zcash?”

My prediction is that the value of Zcash will keep on going up also in 2018. They have a potential coin and an experienced team of developers so I don’t see any reason why it wouldn’t rise. However, I am not yet 100% convinced about the long term value of Zcash.

Conclusion – Is Zcash a Good Investment?

If you like Monero and you are investing money into it, Zcash would be a natural choice for investment as well. They work with very similar principles and if the value of Monero goes up, I believe that the value of of Zcash will go up.

Investing in Zcash or in Monero is, of course, riskier than allocating your money into the stock market but it can also give much higher rewards in the future. Blockchain technology and cryptocurrencies, in general, gave a potential of changing the world. Nobody knows what will be the situation after 5, 10, 20 or even 50 years. Will fiat currencies (dollar, euro, yen, etc.) be replaced by cryptocurrencies? Will banks start going down little by little?

At the moment the future of cryptos looks bright and many people are saying that this is going to be another revolutionary thing after mobile phones and the Internet. As you may remember, there was also a dot com bubble in the beginning of 21st century and prices were extremely volatile in the stock market. Now we are seeing somehow similar phenomenon with cryptocurrencies. Prices can go up or down even 20% in a single day. Recently we saw that the price of IOTA quadrupled in less than a week.

So, anything can happen and I want that you make your research and homework before putting lots of money in. I have a significant amount of my capital in different cryptocurrencies and I’m pretty convinced they are going to make me good money. I believe that some coins will drop “from the race” and it’s a bit challenging to say which one are going to be winners in the long run. I would love to hear your opinion.

Anyway, before we wrap up I would like to offer you another opportunity for making money online. This training has turned thousands of complete newbies into full-time online entrepreneurs all over the world. I am not talking about any get-rich-scheme but a step-by-step online business training. Read more by clicking the link below. I have used it myself for more than 2 years and I’m so glad I found it.

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What do you think about Zcash?

Is it worth buying or not?

How Much the value will be in the future?

Let’s discuss in the comments below! 🙂

(Disclaimer: All thoughts on this article are my personal opinions, not official investment advice.)

9

Is Vertcoin Worth Investing? Is Vertcoin Mining Profitable?

Is Vertcoin Worth investing? What is the coin all about? Is Vertcoin mining profitable? When is the right time to buy?

If you are looking for answers to any of these questions, you have landed on the right page. In this article, I am going to tell you about one of the oldest cryptocurrencies called Vertcoin. I am sure you’ll find my Vertcoin review informative and valuable.

Vertcoin Review

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Name: Vertcoin

Launched: 2014

Type: Cryptocurrency

Short Review: Vertcoin is a pretty similar cryptocurrency compared to Bitcoin and Litecoin. However, they are trying to make some improvements compared to them. It uses Next-gen ASIC resistance and was the first crypto that implemented stealth addresses. Vertcoin mining is also more profitable for an individual user than mining Bitcoins which has made it interesting for some individuals.

As always, I have to say that investing in cryptocurrencies involves some risk but also a great potential. Vertcoin is a potential crypto that can make great of the time course. On the other hand, some people say it’s unlikely that Vertcoin would beat Litecoin or Bitcoin.

If you are looking for a proven way to make money online, I recommend taking a look at this step-by-step online business training.

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Is Vertcoin Worth Buying? – Video Review

Before you start reading my full article I want to give you an opportunity to take a look at the Vertcoin video that I have created for you. In the video, it’s also possible to show and discuss the things that aren’t so easy in the text format. Enjoy! 🙂

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What Is Vertcoin?

Vertcoin was released on January 8, 2014, and it’s one of the oldest peer-to-peer cryptocurrencies. It works in a similar way like Bitcoin (and Litecoin) but they have added a few additional features including stealth addresses and ASIC resistant Proof-of-work (PoW) function.

They want to underline and emphasize that Vertcoin is decentralized cryptocurrency that large banks or other organizations don’t own. It doesn’t have only one algorithm for mining but five that are united. In practice, it makes it possible for an average individual to mine Vertcoin much more easily than Bitcoin, for example.

With Bitcoins, it requires much larger resources to mine coins. That has lead to a situation where an average individual doesn’t have good resources for mining. Some companies or groups have bought even warehouses where they mine Bitcoin. That’s fine but if only a small group makes all the mining, the idea of decentralization may fail. That is not going to happen in the near future but Vertcoin technology enables mining also for people who don’t have many resources.

Right after its launch, the price of Vertcoin was high but they dropped pretty fast. The market cap of Vertcoin went from over $6 million to less than $100,00 in a few months. Some people thought that this cryptocurrency is dead and won’t rise again. However, in the Spring of 2017 it started growing again and by the end of 2017, the market cap had risen to more than $400 million. People had to admit that Vertcoin must be taken seriously.

Benefits of Vertcoin

First of all, I need to mention that Vertcoin is a cryptocurrency with a real potential unlike Ponzi schemes such as Bitconnect. The team behind Vertcoin wants to make everything transparent and open. That naturally builds and makes it

They have, of course, many other benefits but I want to raise two of them now. If you are interested in reading more, you can always take a look at their official website.

• Lightning network

Bitcoin is often criticized for slow transactions. Sometimes people have reported that it took even an hour to make a payment with Bitcoin. Even though this is a short time if we compare to banks, it’s still a long time in the world of cryptocurrencies. Vertcoin implements a lightning network technology that could enable a huge scalability and immediate transactions.

• Active community

Vertcoin has one of the most active communities in the cryptocurrency world. You can discuss with the community members on Facebook, Twitter, Discord, and Reddit. Some people say that having a community doesn’t add so much value but I disagree. Having an active community has several benefits if you are considering in some cryptocurrencies. It means that many people already see potential in the coin and are interested in using it in the future.

In the end, it doesn’t help even if the technology of cryptocurrency would be good if there isn’t a community using it. Vertcoin is a much better investment option than some unknown coins that have little or almost no community at all.

Is Vertcoin Mining Profitable?

If you have taken a look at the official Vertcoin website, you have probably seen the following statement:

“Mining should be fair & easy! “

You don’t need large warehouses or ultra-fast computers for mining Vertcoin. It’s possible to mine it also with a normal computer. Basically, you just need to get a Vertcoin wallet and download the mining software to your computer. They call it a “1-click mining” because it’s made so easy that you can almost mine with a single click. You can take a look at the picture below how their mining software looks like.

First of all, I want to say that mining Vertcoin or any other cryptocurrencies just with one or a few computers won’t make you rich. Yes, you can earn some money but it’s not anything very significant unless you have several computers running at the same time. Even though it’s easier to mine Vertcoin than Bitcoin it doesn’t mean that it would be a gold mine! 😉

A good thing with mining is that it can run in the background of your computer while you are doing something else or while you are not on your computer. In the other words, you are earning passive income which is a great thing. You can choose pools that you want to mine. Once the software has finished with one of them, it will automatically move to the next one.

That being said I need to admit that mining Vertcoin or any other cryptocurrency isn’t 100% passive income. You still need to download a software, learn to use it, select pools for mining, maintain your computer, etc. Most of those activities don’t take so much time but there are more profitable ways for making money online than crypto mining, in my opinion. Have a look at my this money-making opportunity. I have used it myself for +2 years and I can recommend to you as well.

At this point, you are probably saying me, “Roope! Tell me how much money can I earn??” I admit that I don’t mine myself because there are more profitable ways to make money but I have listened to experiences from people who have done so. At the moment you can make approximately $5-10 per day with mining if you are using a basic computer.

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Is Vertcoin Worth Buying?

First, let’s take a quick look at the price chart of Vertcoin:

As you can see from the picture above, the price of a Vertcoin was close to $0 for a long time. Then it started growing in the Spring of 2017. When we came to the December of 2017 the value of one coin was around $10. That price is almost 500 times higher than it was one year ago. In the other words, we can confidently say that it would have been a great investment to buy a Vertcoin when the price of one coin was less than $1.

When the price was around $5-6 some crypto YouTubers said the price is so high that it’s probably just the best to wait for the dip. If you have been following the cryptocurrency world, you have probably heard that phrase also before but then the price of a coin just exploded to the sky. Vertcoin didn’t literally explode but the price doubled within a short period of time.

 

You are probably asking whether Vertcoin is worth buying any more or not. I am myself usually a long-term investor rather than a short-term trader so I would rather think about the long-term value of Vertcoin. Will it be higher after 2, 5 or even 10 years?

In my opinion, the biggest question is whether it really can compete with Bitcoin and Litecoin. At the moment Vertcoin is far behind and those two bigger coins have a much bigger user base. If Vertcoin technology is really better, it could be worth buying. I recommend making a profound research on technical aspects if you are interested in putting big money. Otherwise, I would just bet on Litecoin and Bitcoin. (Disclaimer: This is just my personal opinion and not an official investment advice.)

Conclusion – Is Vertcoin a Good Investment?

Vertcoin is a potential investment. It has a team of developers who are doing their work to make the coin better. Vertcoin has additional features compared to Bitcoin which can give it a slight edge in the “cryptocurrency race”. On the other hand, Bitcoin has still a huge user base and it’s completely dominating the competition.

If you like “betting” small amounts for different potential cryptocurrencies, Vertcoin can be one of them. But if you are going to invest lots of money, I recommend that you make a further analysis also on the technical aspects comparing Bitcoin, Litecoin, and Vertcoin. Then make a decision based on your research.

As I mentioned in the beginning, investing involves also some risk so you need to be ready to lose your money in the worst situation. If you want to have a proven method to make money online, take a look at my #1 work from recommendation (especially for beginners).

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What do you think about Vertcoin?

Is it worth buying or not?

How Much will the value be in the future?

Let’s discuss in the comments below! 🙂

30

What Are Bitcoins and How Do You Get Them? (And How I Made Already Easy 1500€ Without Lifting My Finger)

Today I am going to explain to you what are bitcoins and how do you get them. But first, a little story how I made some easy money.

Last year I bought bitcoins for around 600€ when my friend recommended them to me. I knew that this guy is very skillful when it comes to investing. I decided to give bitcoins a try. Today I just checked what are my bitcoins’ value and it was +2100€. So I already had made about 1500€ without doing anything. Well, a few mouse clicks.

I need to admit that it was the easiest money that I have ever made. Today I just withdrew a very small part of my wins but I am going to maintain my bitcoins because I believe that they are going to raise in value even more.

Will Bitcoin Bubble Burst? – UPDATE 5.12.2017 

I have now earned more than $20,000 with cryptocurrencies. The value of Bitcoin and other coins is just going up and up. Is it just a bubble? I believe that the value will keep on rising for a long time based on the reasons that I mention in the video below:

What Are Bitcoins?

Bitcoin is a first decentralized digital currency founded in 2009. It is somehow similar like any other “normal” currency like euros and dollars. You can pay your shopping with bitcoins. You can trade it to other currency or other goods. It has a certain value that changes like other currencies’ values change.

But there are a few differences about bitcoins.

1.Inflation doesn’t affect bitcoins. It is already defined how many bitcoins there will be in the future. No one can make them more than it’s defined beforehand. Compare this for example to dollars. 100 years ago $1,000 was a big money. But if you have $1,000 today, it’s only worth for $45 compared to 1916.

There are much more dollars out there every year so the further we go, the more their value goes down. Who knows if after one hundred years every second person in America is a millionaire because of the inflation. But inflation doesn’t have any effect on bitcoin because nobody can make more of them. That’s a big benefit!

2.Bitcoin transactions happen immediately. Let’s say that you want to transfer money to your friend who is living in a different city or country. If you make a normal bank transfer, it usually takes 1-3 business days. Money doesn’t get there immediately because the bank needs to transfer your money and it takes time.

With bitcoins, you don’t have to wait for days, hours or even minutes. Usually, the transfer happens in a few seconds. Think how easy it is to transfer money with them. This could also help many companies and business owners. Sometimes a company wants the money on their bank account before they start doing anything.

But you need to wait for 1-2 days until money gets there. I work as a transport manager and I know that using bitcoins would make some actions much easier and probably make more profit to companies.

=> Invest in Bitcoins Today. Get a $10 Bonus!

Here is a video which will explain you even more simply what are bitcoins and what can you buy with them.

Bitcoins are generated all over the Internet by anybody using a free application called Bitcoin miner. Mining bitcoins produces new bitcoins but it requires work from the server and the computer so it’s not very fast process.

How Does Bitcoin Work?

Instead of me explaining you with long complicated lines how bitcoins work, I recommend you check one or two of the following videos which explain with pictures and simple explanations all about how bitcoins work and how people can change them.

How Does BitCoin Work?

How Bitcoin Works in 5 Minutes (Technical)

Some Examples of Bitcoin Profits

Today in 25.12.2016 the value of a one Bitcoin is $883. The price has grown hugely in a few years as you can see in the graph above. If you had bought, for example, 100 bitcoins for $100 5 years ago, you would have now $88,300 value in bitcoins. Quite a good profit for a $100 investment, huh?

Bitcoin reached its highest value so far in 2014 when one bitcoin was worth even over $1,000. I believe that bitcoin has a great potential of growing in the future because more and more people are starting to use it and becoming aware of it.

As I mentioned before, I have made already around 1500€ with bitcoins and I bought them last year. However, that’s only a little sum if I compare what some of my friends have already earned with bitcoins.

Where Can You Already Pay with Bitcoins?

The amount of companies that are accepting bitcoins grows year by year. You can already pay with bitcoins in tens of thousands (if not hundreds of thousands) companies. You can buy flight tickets online with bitcoins from some airline companies. Then you don’t even need to pay $5-10 transaction fee what you should be paying if you are paying with a normal bank account. I experienced this when I was buying my flight tickets from Finland to Germany in the last summer.

You can also pay your stay in many hotels already with bitcoins. Just to mention some other companies where you can pay with bitcoins:

• Subway fast food restaurants
• WordPress.com (the biggest provider of websites)
• Namecheap (one of the best domain name servers online)
• Microsoft (for example in Windows store)
• Reddit (you can pay premium features with bitcoins)
• Expedia (online booking agency)
• Many supermarkets or local grocery stores

So you can already use bitcoins in many different places. And if the trend keeps on going the same way, a number of companies will grow even more. Why wouldn’t company like to accept bitcoins? Most of the time it will bring them, even more, revenue.

Where to Buy Bitcoins? (Get a $10 Bonus Today)

There are a massive number of pages online where you can buy bitcoins today. However, not all of them are very reliable and some of them were hacked in the past. That’s why you should choose a big and a reliable provider to avoid losing your money because of hackers. Optimally you will buy bitcoins from many different sites because if one of them get hacked, you don’t lose everything.

The best bitcoin place to buy and exchange bitcoins according to famous bitcoin sites is Coinbase. Here are some reasons.

• It gets A+ trust score (the best)
• it scores 9,85 out of 10 in BestbiCoinExchange.io
• It is also one of the biggest bitcoin exchanges in the world
• There are more than 32 countries supported, 5,1 million customers and more than $5 billion exchanged.

UPDATE! 16.1.2017 I have seen many controversial reviews about Coinbase on the Internet. Read my full review to find out more.

I have also used Coinbase myself and I can’t find anything negative about it. The platform is user-friendly and even beginners can use it easily.

Today you can get a $10 for free if you buy your first bitcoins if you register through my link. When you buy your first bitcoins for $100, you and I will be given extra $10. That way you are also supporting YourOnlineRevenue.com and our work on this website.

If you just want to earn easily $10, you can just deposit $100. Take your $10 bonus and then sell all your bitcoins right away. You will earn $10 in 5 minutes. Easy money.

Have you heard about bitcoins before? Do you have them? How much profit have you made? Leave a comment below!