Quote from: GeorgeJohn on Today at 09:46:18 PM

what I want to advise you is that you have to make a necessary inquiring or research of Bitcoin before invest in Bitcoin because so many other persons have come to invest in Bitcoin and go with the negative information based on it fails to understand the procedures of Bitcoin before it venture into bitcoin investment, the most important thing to do in cryptocurrency investment is to understand the concept and then when you have understand the concept of Bitcoin you can be able to make a profit during the time of the investment.

Bitcoin, BTC is the start of a revolution. It is a digital currency that has an absolute limited supply, truly decentralized control, and a huge following that is worldwide and growing. As well as being the MOST secure computer network ever. BTC has never been hacked. To fully understand the revolution, we need a bit of review on basic economics. The most basic truth in economics is the law of supply and demand. the price of a cell phone was expensive at first because there was demand and a limited supply. The longer cell phones were around the more of them became available - increase in supply - and thus the price came down. Fiat money like the Euro, the US dollar the GB pound, are similar.
The more units of fiat become available the less each individual unit is valued. Technically this is called monetary inflation. Bitcoin cannot be created on a whim like pounds, dollars and euro’s or cell phones. It has a truly limited supply. There will NEVER be any more than 21 million bitcoins. The new supply of bitcoin that is being created gets cut in half every 4 years thus the supply dwindles down over time. All this is set by the original computer program of Bitcoin. It will not be changed because to change any of it you would have to get 51% of all the participants in the mining of BTC to agree to the change. Since this is truly decentralized by literally millions of computers all around the world that mine BTC no change will occur in the original code. As long as demand for BTC remains constant or goes up the dwindling supply will cause the price of BTC to rise over time.