Today it was announced that Coinbase has acquired Earn.com. This plants the seeds for a major breakthrough in crypto market milestones.
How?
Buying cryptocurrency with fiat currency isn't only one way for people to acquire cryptocurrency and contribute value to the crypto ecosystem.
Another way, which is currently unknown to most, is for people to choose to earn cryptocurrency. For example, I recently spoke with a man who owns many premium .com domain names that he acquired in the 90s. They are worth tens of millions of dollars, and occasionally he sells one for hundreds of thousands of dollars (or millions).
Recently, he decided he wanted to get some Bitcoin, but didn't want to trade dollars for Bitcoin. Instead, he decided that anyone who wants to buy any of his domain names has to pay him in Bitcoin.
He started doing that about a year ago and now has over a million dollars worth of Bitcoin that he earned instead of bought.
This man is ahe...
Disclaimer: Blog videos and posts from Jeff Nabers are general market commentary and do not necessarily reflect the opinions of Coin Capital LLC. This blog is not a securities offering and qualified clients may inquire by filling out the form on the home page.
Fact: The chart above is viewed in "log" mode and tells the true story of how expected this current correction is, even at today prices.
Fact #2: December gains were crazy, unhealthy, and unsustainable. As low as the crypto market seems today, it has only rolled back values to early December . The insanity is being removed so we can get back on track for healthy growth.
This kind of thing happens, especially with an emerging technology that is both changing the world and hard to understand.
Shortly after I bought into Bitcoin years ago, the market dropped over 80%! Then it doubled and doubled and doubled... a total of 6 times! Six doublings is a lot more growth than an 80% correction. I expect the general trend to continue.
This is a stark reminder why we HODL (Hold On For Dear Life).
Today, with Bitcoin...
Disclaimer: Blog videos and posts from Jeff Nabers are general market commentary and do not necessarily reflect the opinions of Coin Capital LLC. This blog is not a securities offering and qualified clients may inquire by filling out the form on the home page.
Disclaimer: Blog videos and posts from Jeff Nabers are general market commentary and do not necessarily reflect the opinions of Coin Capital LLC. This blog is not a securities offering and qualified clients may inquire by filling out the form on the home page.
Disclaimer: Blog videos and posts from Jeff Nabers are general market commentary and do not necessarily reflect the opinions of Coin Capital LLC. This blog is not a securities offering and qualified clients may inquire by filling out the form on the home page.
Disclaimer: Blog videos and posts from Jeff Nabers are general market commentary and do not necessarily reflect the opinions of Coin Capital LLC. This blog is not a securities offering and qualified clients may inquire by filling out the form on the home page.