Saturday, April 11, 2015

My First Post - Also Hello All!

Hello All,

This is my first blog post for my new blog, namely 'anarcist's BitBlog'. I have created this blog in hope that I will be able to educate some people in the world of Bitcoin (and potentially other CryptoCurrencies later).

So let me introduce myself. My name is Michael, I go by the screen name (pseudonym, nickname or whatever you want to call it) of 'anarcist'. Now don't worry as this name is simply a product of my teenage years where I considered myself as a sort of rebellious person, as many teenagers do, I am in no way a true Anarchist.

Now to the nature of this blog. This blog is going to aim to be as informative as possible, I have recently embarked on a venture with my close family (Mother, Father and siblings) to create a mass of wealth to help our future generations (A Trust Fund for the Smith Family). Now each of my family members, have each decide to contribute to this fund to get it to a point where it can self perpetuate. Being the individual human being we are, we have each selected our vehicles to gain the income to fund this 'start-up trust fund'.

Bitcoin as an investment vehicle

So, me being the tech savvy person in the family have decided to use Bitcoin as my method of generating the extra income that will go towards this fund. This blog will outline my endeavours to use the (slightly controversial and possibly volatile) market of Bitcoin.

Why use Bitcoin?

Now some of you reading this may be thinking: "Is it really a good idea to bet the future of you family on a niche market or even potential flop like Bitcoin and CryptoCurrencies?"

Well this may be so, but there are a few reason I have chosen this as my vehicle right now.
Here are a few:
  1. Bitcoin is still growing - although there are more people than ever using Bitcoin (Businesses and tech savvy people) there are still more Bitcoins being mined every day (3600 a day currently) and even at that rate the last one will not be mined until the year 2140
  2. The Price is right - it may have hit a major (and extremely radical) high of about USD$1200 early last year but since the (over)hype of Bitcoin has settled. the price of Bitcoin seems to have stabilised around a comfortable USD$230-$250 mark. This is great as it still makes it profitable to Mine and isn't too ridiculous to trade.
  3. Plenty of investment oportunities - Because Bitcoin is so open and easy to move from one country to another, it is really easy to use to invest in many different things.
Now with these three points in mind, I hope to invest wisely in this growing market and in turn assist you in doing the same.

A few things to note:
  • I am in no way a professional investor and all the information you take from my blog, you take in your own stride and you can choose to use it in anyway you see fit.
  • I will try to provide the best advise I can by advising on my current an future investments and how they perform.
  • With my reviews of different investment opportunities will likely come referral links to various sites, please do follow them and invest if you see fit.
  • I am in this to hopefully make a good living for me and my future generations so if you find my information helpful in any way, feel free to donate to my Bitcoin address: 1HoA4i2LJfF1o1PiLBF7kX16FRMuVoVBGA
To come:
  • My first investment plug (Going good so far)
  • Cloud Mining (Where should you start?)
  • Crowd Funded Bitcoin Loans (Safe way to earn a good return and help others)
  • Much More...

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