The Reason for Bitcoin Crash
We all knew a time when 1 BitCoin was worth more than $13,000 then it suddenly just crashed and is now worth just $6,000.
People never seem to know and understand the reason behind this drop and I will explain that to you.
There was a total amount of BitCoin generated from the start by the developers at first and since it’s becoming valuable there was a need to generate more of it. You all didn’t get that right? Let me explain better.
So imagine from the beginning the developers of bit coin generated 10,000,000 BitCoin at first. Now this 10,000,000 BitCoin circulated to individuals, so when the 10,000,000 BitCoin was already owned by individuals all over the world it started increasing in value.
Now the developers saw that their cryptocurrency has gotten more value but fewer individuals owned it, there was a need to generate more of it for more individuals to own.
And what better way is there to generate more of BitCoin?
If
1 BitCoin = $13,000.
Then
10,000,000 BitCoin = $130,000,000,000.
So there is $130,000,000,000 in the internet.
Then the idea came to the developers!!
Let’s crash the price of BitCoin, and use the remaining amount to generate more BitCoin.
That is:
Since BitCoin has built $130,000,000,000 in the internet, cut the price and generate more.
I mean
1 BitCoin = $13,000 then Now
1 BitCoin = $6,000
So from 1 BitCoin, 2.2 BitCoin can be generated.
Now the question is where is the newly generated BitCoin?
It’s everywhere on the internet!!!
It’s on every website you enter.
It’s on every social media platform.
It’s anywhere 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 need to do is start Mining it.
Now how do you start Mining this cryptocurrency?
There are lots of BitCoin Mining software I will recommend Web’Miner.
It’s software developed by an organization in China “Soft Tech Geeks”. Have been using it a lot, I Mine anytime I want, and have been making a lot from it.
Some will say, why is he sharing it now?
Some will say if that’s how easy it is why not Mine alone? So you can get it all for yourself.
Well, the developers are smart, they put a mining limit to it. The idea was not for a single person to have it, or for a particular group of people.
The idea was for everyone, everywhere in the world to possess this cryptocurrency.
If you need help mining BitCoin, you can contact
SOFT TECH GEEKS
Thanks
