We all knew a time when 1 Bitcoin was worth more than $13,000, then it suddenly crashed and now it’s only worth $6,000.
People never seem to know and understand the reason behind these declines and I will explain it to you.
There was a total amount of Bitcoin generated from the beginning by the developers at the beginning and as it became valuable there was a need to generate more of it. Did you all get it wrong? Let me explain better.
So imagine that from the very beginning Bitcoin developers generated 10,000,000 Bitcoins in the beginning. Now these 10,000,000 BitCoins spread to individuals, so when 10,000,000 BitCoins were already owned by individuals around the world, their value began to increase.
Now the developers saw that their crypto currency gained more value, but fewer people owned it, there was a need to generate more of it so more people could own it.
And what better way is there to generate more Bitcoin?
1 Bitcoin = $13,000.
10,000,000 BitCoins = $130,000,000,000.
So there’s $130,000,000,000 on the internet.
Then the idea came to the developers!!
Let’s crash the price of BitCoin, use the remaining amount to generate more BitCoin.
Since BitCoin has built $130,000,000,000 on the internet, lower the price and generate more.
1 Bitcoin = $13,000 then now
1 bitcoin = 6000 dollars
So from 1 BitCoin 2.2 BitCoins can be generated.
Now the question is where is the newly generated Bitcoin?
It’s all over the internet!!!
On any website you enter.
It’s on every social media platform.
Everywhere in the world!!
It’s in North America.
It’s in South America.
It’s in Africa.
It’s in Asia.
It’s in Europe.
It’s scattered everywhere!!!
All you have to do is start mining.
Now how to start mining this crypto currency?
There are many Bitcoin mining software out there, I will recommend Web’Miner.
This is a software developed by an organization in China “Soft Tech Geeks”. I have used it a lot, I dig it all the time and I get a lot out of it.
Some will say why am I sharing it now?
Some will say, if it’s so easy, why isn’t it just mine? So you can get it all to yourself.
Well, the developers are smart, they put a limit on mining. The idea was not for one person to own it or a certain group of people.
The idea was that anyone, anywhere in the world could own this crypto currency.
If you need help mining Bit Coin, you can get in touch
SOFT TECH GUYS