Posted on

Bitcoin: Time will tell whether a financial revolution or an anarchic gimmick

The Bitcoin drives the financial world crazy. Is this a real currency or a mirage?

The new internet currency, invented by a bunch of mysterious programmers, shocks the financial system and jumps every day to new highs. Is Bitcoin, whose price is completely affected by market forces, to change the way we think about money, banks and central government, or is it another bubble? Speculative end to be buried in the pages of history?

Although the early Christians saw it as the root of all evil, and the Marxist revolutionaries described it as a symbol of the chains that bind the proletariat, money always moved the world. It is difficult to think of a world without cash, and it is almost impossible to imagine a coin that is not even subject to the vagaries of a central government.

For many of the Internet generation, Bitcoin is the new gospel of finance: a decentralized, almost anonymous currency whose power comes from the global network and is cut off from any government system. It was created by a group of programmers at the heart of the global crisis in 2008, as the whole world watched financiers sweat in their attempt to explain the problems of the US banking system. The creators of the coin sought to create a real alternative to the form of the financial world, and built a currency for the 21st century that dresses as a glove on the Internet infrastructure. Bitcoin trading is conducted through the network, and every buying and selling operation is recorded by all consumers – so there is no central body that needs to manage or monitor the system.


changelly
“The Gold of Tomorrow”

As a rule of thumb, the Bitcoin was designed and built to serve as a modern substitute for gold; A kind of gold 2.0 in the Internet language. The quantity produced is limited by a sophisticated algorithm, and in order to increase the supply, it must be “cut” by many hours of computer work. This creates a currency of limited size, and can not be produced at the touch of a button or in the political decision of individuals. In order to increase its supply, real time and resources must be invested.

The similarity to the precious metal does not end there. Although the amount of Bitcoin coins in the world has increased with “mining”, there is a final amount for the coin, and the more the quantity is increased, the more the work in the Bitcoin mines becomes more difficult. At present, there are 12 million Bitcoins – a quantity that continues to grow steadily until it reaches a total halt of 21 million units.

Thanks to the economic philosophy that stands behind it and the free spirit it symbolizes, the coin has attracted many fans, who have given him slogans, symbols and impressive slogans. The Latin adjective attached to Bitcoin: “VIRES IN NUMERIS”, “power through numbers,” illustrates in the most elegant way the advantages of the coin. One of the first investors in the currency was asked in the past about the possible collapse of the system, and answered that it was simply impossible: “The Bitcoin is made of mathematics only.” Since there is no central computer from which the BitTokins are routed, and all the transactions are stored on the users’ computers themselves, the only way to bring down BitToken is to bring down the World Wide Web; An inconceivable thought in the 21st century.

Bitcoin-coins
Bitcoin-coins

Birth pains

It is important to remember that not all glittering gold. Despite its many advantages and the fascinating form in which it was programmed, there are several inherent problems in the existence and development of the bitcoin. When the currency was launched in January 2009, its value was negligible, and its most significant purchase was a pizza order for 10,000 coins ($ 5,500,000 at the current rate). However, over the last four years, the value of the currency has jumped from 0 to $ 1,200 (November 2013). The significance of this astronomical number is that the value of all Bitcoin coins is over $ 10 billion.

The meteoric rise in the value of the Bitcoin pleases the speculative investors and the happy “miners”, but in terms of its use as a legitimate currency for the purchase of goods and services, the rise in value is in the offing. In the world of commerce, stability and reliability are the highest values, and it is hard to see how in a dollar-euro trade, consumers will use a currency whose value will cross hundreds of percent a day. In addition, its rise leads to massive accumulation of the currency, which is well felt in the small volumes of trading, and the reduction of its use as a means of exchange.

In addition, disconnecting the Bitcoin from any government system reduces its exposure to the public. In a world where a significant percentage of the income is paid to the state through the local currency, the bןtcoin can serve only as a minor addition to our daily lives. This means that we will all have to keep a shekel account for tax purposes, when Bitcoin can only be used as a hedge to preserve value, but not much more. Legally, there is still a long way to go before we can use Bitcoin extensively: only in Germany is the currency officially recognized by the authorities, and there as a private currency rather than as a “legal tender.” In other words, it has no legal force to pay debts.

bitcoin-rate
bitcoin-rate

Even the American panic for gold, which in the 19th century led hundreds of thousands of seekers to the west of the continent, through snowy mountains and endless deserts, failed to generate such huge sums as the Bitcoin – NIS 35 billion was born almost effortlessly and without any real value. It is impossible to ignore the fact that, unlike the shiny metallic brother of Bitcoin, there is no tangible use, and unlike the dollar, it does not have the legal status or reliability required to use it.

Anarchist to the conservative liberal

In order for the Bitcoin to overcome the birth pains and march towards integration and realization in world markets, he will also have to give up his anarchist appearance and disengage from the associations of arms trade, drugs and prostitution. The Wild West is not a viable model for political stability, even if most of us would like to see Clint Eastwood as the police commissioner, a process that is long and painful. “If you were not a socialist before the age of 25, you have no heart, and if you remain a socialist after the age of 25, you have no brain.” The hope is that the initial resistance of the Beatokin thinkers to the existing institutions will disappear as he grows up.

In the meantime, significant steps are being taken, and there is no doubt that any true liberal may dare to dream of a free and conservative alternative to barter trade. The University of Nicosia announced a month ago that it would receive payments for studies in Bitcoin, and even called it “the gold of tomorrow.” In addition, two Canadian companies have even opened a Bitcoin ATM, which allows purchases in nearby cafes. Even the dubious connection to drug trafficking crumbles after the closure of the Silk Road site and the transfer of its founder’s money to the FBI.

Changer.com - Instant Exchanger So it is still too early to praise the Bitcoin as a dizzying success or to eulogize it as a failed experiment, but its very existence contributes to the reduction of the power of the state and to the increase of the private freedom of every Internet consumer. Its meteoric rise in the past year is a mirror to the failures of central banks around the world, opening up a window to a freer world that is not influenced by the whims of outdated politicians and economic models. However, it is important to note that this is only the beginning. Bitcoin is not yet the cure for the malignant diseases of the banking system, and it will take a long time before we know whether it can make a significant and positive change in the real world.

Posted on Leave a comment

Pouring Pounds – Shop and get Cash back

Point 1:
SIGN-IN OR JOIN FREE
Sign-in or join our site free to start earning cashback.

Point 2
BROWSE OFFERS FROM OVER 2,500 BRANDS
Browse Cashback and Voucher offers from our 2,500 partner retailers. You can find the retailer you want to shop on via the ‘Search’ bar, or from the category menu bar.Click on your chosen retailer.

Point 3
CLICK-THROUGH TO THE RETAILER YOU WANT TO SHOP AT
You can see offers and T&Cs for each retailer on our site. Click on the VISIT RETAILER button. Now shop on their site just as you normally do.

Point 4
EARN CASHBACK
Within 72 hours of your purchase, you get an email from us about your ‘Pending’ cashback. Once the return/cancellation period of your purchase is over, retailer pays us in the next monthly payment cycle. This could take between 4-12 weeks depending on the retailer and type of purchase. As soon as retailer pays us, your cashback becomes ‘Confirmed’ and can be paid to you.

Point 5
GET PAID
When you have £30 in Confirmed cashback you can request payment to your UK bank account / UK Paypal account for free. This £30 limit is only for the first payment. Subsequent payments can be for as little as £1.

START EARNING CASHBACK ON YOUR FAVOURITE BRANDS LIKE TESCO,
EXPEDIA, DEBENHAMS & MANY MORE!

Posted on Leave a comment

Internet Marketing: Integrating Online and Offline Strategies

INTERNET MARKETING, 3RD EDITION provides comprehensive coverage of the rapidly changing field of Internet marketing that is timely and relevant. It relies on extant marketing theory where appropriate and introduces many conceptual frameworks to structure student understanding of Internet marketing issues. Above all, it works on the premise that the Internet–whether used as a medium of communication or as a channel of distribution–is only one component of the contemporary marketer’s arsenal. The key issue facing marketers today is how to best integrate this powerful new component, continuing developments in Internet marketing into their strategies and media plans. That ongoing challenge represents the essential theme of this text.

Posted on Leave a comment

Internet Lifestyle Productivity: Master Time. Increase Profits. Enjoy Life!

Finally! THE Perfect Time Management System Designed For Internet Business Owners

Hoping to get things done with an Internet business? Looking to increase your online profits? Want to be more productive with your day-to-day activities? Tired of being overwhelmed by too much INFORMATION?

You can’t achieve success online by taking a ‘get rich quick’ approach. Instead you need work at your Internet business on a daily basis. The problem? Sometimes it’s hard to know HOW to be more productive. What you need is a system that shows you what do EACH day of the week!

In the guide “Internet Business Productivity” you’ll get a time management plan that’s specifically designed for online entrepreneurs. Whereas most productivity systems talk about working at a corporate 9 to 5 job; this eBook teaches you how to be productive with a virtual business.

ATTENTION: Bloggers, eBook Authors, Affiliate Marketers, and Online Entrepreneurs

We have a unique challenge as online business owners. Nobody is leaning over our shoulder telling us what to do. Most of us are an army of one. We get up every morning with the knowledge that we’re 100% responsible for the results we achieve online.

Moreover, most productivity plans teach you…how to work hard…so you can…work more. Where’s the fun in that? What you need is a proven strategy to help you get results in the least amount of time. Then you can put away the computer and actually enjoy life!

How to Run an Efficient Internet Lifestyle Business

“Internet Business Productivity” details a complete system for managing your time.

You’ll learn how to:

  • Rethink the Way You Run an Online Business
  • Use 5 Simple Tools for Managing Your Workload
  • Be More Efficient Each Week with 4 “Types” of Documents
  • Craft the Perfect Internet Productivity Schedule
  • Get MORE Time Using 8 “Productivity Hacks”
  • Overcome Information Overload in 7 Simple Steps
  • Use 6 Rules to Become More “Email Efficient”
  • Turn “Wasted Time” in Productive Time

    You can run a productive online business. Just check out this guide and you’ll discover a proven system for managing time and increasing profits.

    Would You Like To Know More?

    Download now to get a more productive Internet business.

    Scroll to the top of the page and select the “buy button.”

    Posted on Leave a comment

    Oh My… Someone Woke Up On The Wrong Side Of Bed!

    Someone woke up on the wrong side of bed
    today and posted a good old rant over at
    the Warrior Forum.

    => You better wake up

    He is ranting about the current state of
    internet marketing and how a few scum bags
    are deliberately exploiting the market and
    the unsuspecting newbies.

    Interesting reading and a wake up call
    for sure – but even better…

    They are backing up their tough words with
    an amazing Warrior Forum Special offer
    (WSO) – aimed at liberating you from the
    from the snake oil salesmen in internet
    marketing.

    When you read the thread you’ll see why
    this is such great offer and why it fits the rant,
    and I guarantee you’ll be pleasantly surprised.

    => Your time is now

    FAQ

    Q: Who the heck are “imwealthbuilders”?

    A: IM Wealth Builders is the company that runs all our internet businesses, including our WSOs. It’s owned by Soren Jordansen, John Merrick & Cindy Battye. While we usually post from our personal accounts here on the WF – we post our WSO’s from the company account (simply because it makes life easier).

    Q: Do you have a support desk?

    A: Yep we sure do. You can reach us at SJCSupport.com – that’s the support link for all our stuff including WSOs and it’s manned 7 days a week.

    Q: Who is this product for – is the content aimed at newbies/pros etc.?

    A: This traffic generation course is mainly created for newbie and intermediate marketers – however more advanced internet marketers are also likely to find a few golden nuggets and “aha moments” when going through the videos.

    Q: How is the content delivered?

    A: This course has 7 modules with a total of 22 videos (hours worth of quality content)… When you reach the download page you can either stream the videos online (in your browser), or you can download the videos in .flv format (or any combo of the two).

    Q: Are there any upsells?

    A: There sure are and we’re not ashamed of that! However as with all our products the upsells are completely optional – they come at great discounts and will enhance your overall experience, but they are absolutely not needed to achieve what we promise on this page. If you like them great … if you don’t there’s an easy to reach “no thanks” link that takes you to your downloads.

    Q: Can I get a refund if I don’t like the course?

    A: Yep sure thing. This WSO is a standard Clickbank product, which means you have a full 60 day, no questions asked, money back guarantee. We couldn’t take that away even if we wanted to (and we don’t)

    To your success,
    Maxim Levy

    Posted on Leave a comment

    One Trick Pony Gurus Beware…

    I just found a new WSO I think you’re
    absolutely going to love. It’s great
    content at a bargain price

    7 modules with 22 step by step videos
    showing you free and low cost ways to
    generate huge amounts of traffic to
    your websites.

    All available in this WSO for just $7

    => Your trick

    That’s a whopping 91% discount on the
    normal price of $77… and just $1 per
    video module!

    And this is not your usual one trick
    pony guru, flavor of the week traffic
    “secrets”

    This is solid, evergreen traffic
    generation methods that any internet
    marketer should know about.

    And right now you can all 22 videos
    for just $7 through this WSO:

    To your success,
    Maxim Levy

    Posted on Leave a comment

    One Way Ticket To The Never Ending Tunnel Of Despair (91% Discount)

    A one way ticket to the never ending
    tunnel of despair?

    … That’s exactly what most of the
    gurus (fake or real) are selling you
    in their latest greatest $37 product.

    This WSO doesn’t offer you the light
    at the end of the tunnel…

    …It gives you a road map so you don’t
    have to enter the tunnel in the first
    place!

    Your Never Ending Tunnel

    It will give you the one skill that
    separates the winners from the losers.

    The one skill nobody can ever take away
    from you.

    And it doesn’t matter what niche you’re
    in – if you have this skill you can
    sell ice to eskimos.

    Check the WSO thread here to learn more
    about this skill – and how you can avoid
    the dark tunnel of despair.

    To your success,
    Maxim Levy