The bitcoin is a coin that became very famous in recent years for its innovative concepts, such as the fact not be issued by any government, for example. However, many people consider bitcoin as a possible investment. The CEO Mercado Bitcoin (Brazilian site to buy bitcoins) Rodrigo Batista has listed ten reasons to invest in the currency

1 - Price increase

In late June 2015 an bitcoin was trading in MercadoBitcoin.net by R $ 849 during the same period in 2016, one bitcoin has to be negotiated for R $ 2,262. A price change of 166%, explains.

2 - more stable Variations

The currency price is more stable and less intense variations than stock indexes in the US, for example. This, Rodrigo, shows the maturity of the currency trading market.

3 - instability worldwide

Rodrigo begins to be a consensus that bitcoin is an escape for adverse adverse economic situations. "Recently the currency price rose enough and experts attribute of this growth to increased demand from China, which is in a period of uncertainty with the economy," he explains.

4 – Diminuição na quantidade de bitcoins criados

Creating new bitcoins rate fell from 25 coins for every ten minutes to half earlier this month. This feature makes the currency price increases more, it decreases your offer.

5 - Increasing use of technology

"The number of transactions on the bitcoin network is around 200,000 a day and was about 80 thousand a year ago. completely different countries like Argentina, Finland, China and Brazil has seen various uses of technology in recent years increasing, "says the executive.

6 - Advanced Development

"Last year some of the technical limitations of the technology have been achieved. After heated discussions and by the engineers working on the technology, the problem is being resolved soon and different solutions have enabled the expansion of decentralized payments network, "said Rodrigo.

7 - New uses of money

The executive highlights new uses for bitcoin. "Initiatives like OpenBazaar, which is a kind of e-bay ownerless and decentralized are bringing to market new business models. The Openbazaar is recent and already has tens of thousands of users, "points.

8 - ballots elimination Movement

Rodrigo pointed out that countries like Norway and Sweden have been discussing ways to eliminate the ballots of their currencies and that money scanning movement impacts the demand for digital currencies.

9 - Payment for service providers

"Because it is fast and cheap, this type of service enables a transaction between companies and people anywhere in the world without the need for intermediate payments businesses," said the executive.

10 - Creating intelligent contracts

"Smart Contracts are basically contracts that instead of being written in legal language, are written by computer programs. There is a project called Rootstock you want to add this possibility to the Bitcoin technology, "he concludes.

source: criptomoedasfacil