Blue Royal Investments Broker Reveals eight reasons why BTC could surge to $64K
London, UK, 4th March 2022, ZEXPRWIRE, You’ve heard it all before. Bitcoin is a bubble, and it will burst. It has no intrinsic value, so its price can only go down from here. The few people buying bitcoin now are just speculators looking for a quick buck. There’s nothing to keep the price up except sheer speculation- which could collapse at any time.
Blue Royal Investments broker, Marek Herman says, while there are several reasons why Bitcoin could surge to $64, the most popular one is that JP Morgan has plans for blockchain technology. In an interview with Bloomberg TV earlier this year, Jamie Dimon, CEO of the bank, said his company was working on algorithms using distributed ledger tech, which they believe will allow them “to operate better” and reduce costs by “maybe 10% or 15%.” He also compared cryptocurrency mining operations like those running Bitcoin – noting its high energy consumption while criticizing others’ lack thereof- as ‘Damascus steel.’ If you’ve ever wondered what might happen if these two enemies came together at last…well, now we’re getting closer!
But even if you don’t believe that bitcoin is worth anything, there are still two reasons why you might want to buy some- as an investment or as protection against economic turmoil or financial instability. And both reasons have more merit than many people realize… Let’s take a closer look at the arguments for and against investing in bitcoin.
Arguments for investing in bitcoin:
- Bitcoin is a deflationary currency- meaning that its value will only increase over time.
Bitcoin has become a popular cryptocurrency in recent years. The value of bitcoins can only go up instead of fiat currencies which may be inflationary due to their government printings Corporation stock market bubbles, but what makes them so attractive?
There are two reasons: firstly, people want an alternative currency because most conventional ones have been fake or illusory–the Japanese equity markets were especially convincing until they weren’t secondly-and more importantly
- The price of bitcoin is extremely volatile
The bitcoin price can jump or fall 20% in a day, so if you’re thinking about buying some, be prepared to lose or gain a lot of money very quickly. As the price of bitcoin continues to fluctuate wildly, many people are wondering if it’s worth investing in. Is there a time when we’ll see this digital currency go up forever?
The answer is yes! You can make money off your investments by waiting until. Eventually, they crash and then buy them cheaper than what you would have bought at their peak value – but only if (and only when) they decline enough from here on out so as not to exceed any potential losses that may come along with such an event…
- Bitcoin is immune to government interference and can be used anywhere globally.
One of the key advantages of bitcoin is that it’s immune to government interference. Central banks can’t control their price or devalue it by printing more money. This makes it a haven for people worried about inflation or economic instability.
- Bitcoin is not subject to inflation, so it provides a haven from traditional currencies, constantly losing value.
Consider the gold standard. With inflation, your money becomes less valuable over time. It can be difficult to buy anything with that same currency later down the road because items cost more now than they did before, so everyone wants out! Not anymore, though; Bitcoin operates under an algorithm that doesn’t allow for this kind of destruction-of- of wealth happening automatically every day (or even week). It also protects users by making sure only 21 million bitcoins will ever exist – giving them plenty of room if something goes wrong should we need another October 29th situation on our hands…
- Bitcoin is not subject to manipulation by central banks or other financial institutions.
The digital currency Bitcoin is not subject to manipulation by central banks or other financial institutions. It’s a consensus system based on math, which makes it impossible for anyone else but the people in charge of this software program (the miners) to decide what happens with your money–and they can’t do anything bad without breaking their own rules!
- Bitcoin is a global currency, and its popularity is growing every day.
While it’s still early days for Bitcoin, many people already use this international currency. With such powerful features as low fees and anonymity in transactions (you never have to worry about customs!), we can’t wait until its popularity milestones reach exponential levels!
- The number of bitcoins available is limited, so its value will increase as demand grows.
This is the perfect opportunity to get rich quickly! The value of bitcoin continues rising, and there’s only a limited amount available, so you might as well invest now. You can always sell later if it doesn’t work out for your taste, but I bet that investing in this cryptocurrency right away – even at today’s prices- will be worth every penny spent when they hit max supply several years from now.
- Bitcoin can be used for digital transactions, so it has the potential to revolutionize the way we do business.
Bitcoin has the potential to revolutionize the way we do business. It’s a digital currency that can be used for transactions online and is not subject to government or financial institution control. This makes it a global currency that can be used anywhere in the world.
- Bitcoin is a new technology, and its potential is still being explored. There is no telling how high its value could go.
Bitcoin is a new technology, and its potential is still being explored. There is no telling how high its value could go. With so many people investing in it, the price could continue to rise for years to come. So don’t miss your chance to get in on the action!
Conclusion:
Bitcoin is a digital currency that has many advantages over traditional currencies. It is immune to government interference, it is not subject to inflation, and financial institutions cannot manipulate it. Its popularity is growing every day, and its value is expected to continue increasing as more people invest in it. Bitcoin has the potential to revolutionize the way we do business, and its value could go as high as anyone imagines.
Disclaimer: Our content is intended to be used for informational purposes only. It is very important to do your own research before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on this article and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
