If you’ve been keeping an eye on crypto world markets of late you will have noticed some amazing activity with ClubCoin. Yesterday (20th November 2017) it hit $4 in value on the Bittrex exchange.
Yes, you read that correctly…
So that means that anyone who joined Bitclub during the tier one period (I think that ended around March 2016) that received a ClubCoin for each dollar spent on their Bitclub share (or more), had at least $2,400 momentarily yesterday in ClubCoin value alone. And then there is the value of the Bitcoin mined or earned to consider.
Not a shabby return on investment by any means.
Oh, and Bitcoin is over $8,000 right now! Wow, it just gets better!
As I write this the value of ClubCoin is still around $3.80 on the Bittrex Exchange. I suspect this is all being fuelled by a buying frenzy in Korea and Japan – they adore Bitclub over there you see. Maybe they know something we don’t yet know. Maybe they just have faith in abundance.
I say at least $2,400 above because even if you joined and simply purchased a mining pool 1 share in Bitclub and did no more, so long as you verified your email address, you would have received 604 ClubCoins when you joined during that tier 1 period.
And, of course, if you came in with more mining pool shares or a founder position you would have got bundles more in ClubCoins in addition.
And even if you didn’t get 1 CC per $1 spent, the ClubCoin giveaway went on much longer than the tier 1 period, albeit with reducing amounts of ClubCoin being dished out for free.
I did estimate that on one MP 1 share account I have owned since 3rd August 2015 that it has earned (taking ClubCoin into account) just over $5,200 and there are now over 3 shares in that one account and the original share still has 170 days to go.
I have been mining with my ClubCoin, so I was able to build a nice little pot of them and I have sold a few off over the last few days to give me funds for a few other projects. I am not suggesting you sell any of yours, only you can decide for yourself on that. After all, for all I know they could grow to $10 in value.
But it is OK to reward yourself with some real profits from time to time so if you have ClubCoin you might want to sell some, for example, to get your original investment back knowing that you are now sitting on absolute profit alone with your shares, Bitcoin etc.
You should share this information with people because what I said above regarding one of my MP1 shares is that a $599 investment into Bitclub on 3rd August 2015 has produced, so far, a return of $5,260. Where I come from that is a 10-fold return on investment!
Meanwhile I calculate that (in dollar terms) the same $599 in a UK bank deposit account grew to a whole $608 over the same period – hmm, stunning ha?
Why are so many people in Bitclub frightened to talk about it?
Yes, I know, it could have all turned out to be a total disaster, scam, Ponzi etc. (If I had £5 for everyone I’ve spoken to over the last 2 and half years that told me it was a Ponzi because they read it somewhere, online, so it must be, I’d be a millionaire by now).
OK, sensationalism over and done with and I promise to stop patting myself on the back immediately. There is, of course, no question that the last two years may not get repeated over the next two years, but here’s a thing to remember...
Bitclub, from the beginning have always maintained that first and foremost they are in this to make people rich and, unusually, it isn’t just that lucky bunch who came in right at the beginning who are getting there.
The reason this is a club and not a company (and the reason why we must put up with irritations like periods of poor support etc.) is because you can bring someone into this genuinely knowing that we are all equally benefiting from the forward momentum. It is also, quite rightly, a meritocracy. The more you do and commit to it, the more you are rewarded. That is how life should be.
People who have come in long after me and really put their faith into this have transformed their lives. I have one very good friend who tells me regularly that he has made so much money from Bitclub that it wouldn’t matter if he didn’t earn another cent for the rest of his life.
It isn’t just about what Bitclub have produced for its members, it’s also about what some members have then gone on to do with that money.
I said that “there is, of course, no question that the last two years may not get repeated over the next two years” but of course, it is also possible that the next two years could be even better.
What about those Coinpay shares? Could they be worth something extraordinary in value one day?
You bet they could…
They may just make what has happened with ClubCoin look like chicken feed! We don’t know, how could we? But I think I do know that this community (because Bitclub is absolutely a community) is a very good place to be in.
The brave among us will walk boldly into the future thinking anything is possible while the meek will, as always, wait to see what happened. I wonder how many people reading this occasionally think about what they could have done with a little more faith?
And who knows what Bitclub will take us into in the future? The best could still be yet to come. If you aren’t talking about this opportunity with people, then I don’t know what you would be happy to talk to them about…
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