Subject: Bit Talk Part 1

Bit Talk - Edition 1
This goes out to both Bitclub Network members introduced to the Network by myself, or by others that have joined or who are looking at the business opportunity and making an assessment.

If you are receiving this and do not understand why and don't want to receive this type of information again, simply use the unsubscribe link that always comes with any of my communications. However, maybe you should read a few of these bulletins first just in case you do find it interesting after all.

I will, as time allows, use this publication to inform, educate and share useful facts about Bitcoin generally and specifically Bitclub Network information. If you email me with any question you would like me to cover here then do on the email address below:
Mining Pool Share Purchase

Membership is a one-off $99 and then you can buy either:

Mining Pool 1 share at a cost of $500

Mining Pool 2 share at a cost of $1,000

Mining Pool 3 share at a cost of $2,000 

or ALL 3 at a cost of $3,500

Any other variation is also fine such as Mining Pool 2 and 3 or 1 and 2 and so on.











The Real Facts About Additional Shares
One of the things that seems to most confuse members of Bitclub Network is how, exactly, does the acquisition of additional shares work. And when you have the detailed answer you may find that it is better than you realised.

And so it seems appropriate to make this the first item to clarify. When you first buy a Mining Pool share in Bitclub Network this share is "held" for 1,000 days before it expires but your tenure with Bitclub network does not expire in 1,000 days, far from it. 

A share can be purchased in any one of the 3 Mining Pools or any combination of those pools including a share in all 3 which is called a founder position.

Every Mining Pool share has a 10-day lead in period where no income on the share is generated whilst your new position in the mine is set up. This is not only true of a new share purchase but also of any partial share accumulation. 

In precise detail what happens is you that you join with 1,010 days "on the share clock" but it does not start to produce any new Bitcoin until day 11 (and you start to see this on day 12). Therefore, your first additional Bitcoin payment will not show in your credit wallet at BCN until the "share clock" has reached 998 days.

It is also important to remember that if you have any Mining Pool share set to 100% re-investment, then no additional Bitcoin payments will appear in your credit wallet (as all additional allocations are re-invested automatically and are not paid into your credit wallet as "income").

Now this is where it gets really good. When you have your first new partial share this will actually run and generate additional Bitcoin income for you for well over 1,000 days and this is why: 

Once there have been enough partial shares added to your Mining Pool account that add up, in total, to another full share then this triggers a new whole share that runs for a new whole 1,000 days.

It could well be that the very first partial share you received by then had already been in the system for 200, 250, 300 days or whatever and so some of your partial shares earn you additional Bitcoin for well over 1,000 days. The very last partial that makes the total partials add up to a whole new share is the only one that will not run for more than 1,000 days.

As your full shares mount up, the time they take to produce another full share is also clearly going to shrink. Now at first as you watch the very slow accumulation of tiny pieces of Bitcoin it will look like it is going to take forever to get your second share but this process will accelerate soon enough. 

In another article on share accumulation, I will explain what I believe to be a very efficient way to accelerate the whole new share acquisition process further.
Bitcoin For Consumers Today
I want to share some external resources with you that I think are useful in explaining the Bitcoin phenomena. 

In the main this will involve videos and articles that I find that have some resonance with me and that I think you will find really useful. 

This video makes the consumer side of Bitcoin very simple indeed and I love the way it is set out.
The Future Of Bitcoin
This video was originally a promotional video for a sales package of Bitcoin investment advice. The original video ran on for what seemed like an age so I have cut it down dramatically. 

It contains some fascinating information about the future of Bitcoin and an interesting story about the real origin of this currency. 

I have managed to cut it down to 25 minutes of very useful information that you will find very helpful indeed. I hadn't heard the Edison story before and found that particularly interesting.
Why Club Coin Could Be Better Than You Think
Everyone coming into Bitclub Network now receives a pile of free Club Coin. Club Coin hasn't been released to market yet and it is easy to imagine that many BCN members have totally missed the point of how good Club Coin could be and here is why.

Club Coin is Bitclub Network's own newly developed crypto currency. Unlike Bitcoin which runs on a "proof of work" protocal, Club Coin runs on a "proof of stake" protocal. It doesn't matter for our purpsoes what these terms mean and I am not going into them here. But you could, if you wished, Google the terms and look them up if you feel like doing so.

What I want to talk about here is far more important. Everyone coming into BCN gets a Club Coin for every dollar spent and also an additional 5 Club Coins for verifying their email address. In addition, if you came in or can afford to come in with a founder position you are given another 3,500 Club Coins.

If you came in when founder 3 was still running (as some of you did), that extra giveaway was 7,000 Club Coins. Now, with a token value of 0.05 cents per coin you would be forgiven for thinking "so what". 

But that is perhaps because you don't know what is being planned after Club Coin's official launch so I thought I would just cover the highlights for you. I'll explain why I believe it is highly possible that Club Coin alone will replace ALL of your investment into Bitclub Network and maybe even give you a nice profit regardless of what your Bitcoin does.

I think that within a relatively short time period after official launch (whenever that may be) Club Coins will be valued at 1 dollar each and maybe more. And, at 1 dollar per Club Coin, whatever you invested in BCN will be repaid with Club Coin alone if you sell them.

Once they are released to market you will be able to sell them on the market and I think that a lot of other BCN members wil be watching the market avidly for Club Coin buying opportunities. There is a market for all crypto currencies, not just Bitcoin. But the advantage of Club Coin will come from 4 specific things:

1) Other Bitclub Network members will want to buy more Club Coin when they can get them as, right now, they can't get any more than what they were given for free. Why will they want to buy them?

2) Because they will want to use as many Club Coins as they can to "stake" for new Club Coin. In other words, if you make all or some of your Club Coins available to "stake" it works a bit like Mining for Bitcoin works except that you can use existing Club Coin to stake for new Club Coin so growing your Club Coin stash. You don't lose your Club Coin by staking them you simply make them available as "proof" as in "proof of stake".

3) BCN are developing a business platform that will then kick in to, hopefully, ensure that Club Coin continues to then grow in value on its own outside of BCN. This is because the business service they aim to launch will help to make Club Coin valuable moving forward.

4) There are crypto currency collectors out there who simply buy new coins for their collection and "in case" they prove to be the next Bitcoin.

The business model being launched at some point is based around finding businesses through BCN network members and advertising who currently do not accept Bitcoin and showing them why they should and then helping them with the software to enable that. 

As part of the payment process designed to accept Bitcoin the BCN system will also accept Club Coin and they will encourage businesses to offer disocunts to BCN members for using the businesses service. 

Hope you found that all useful and rememebr if you want something specific covered, just email me:
John Duncan, 1st Floor, Barclays House, Gatehouse Way, HP19 8DB, Aylesbury, United Kingdom
You may unsubscribe or change your contact details at any time.

    This is an online snapshot of a newsletter created by the owner of Bit-Talk (John Duncan, 1st Floor, Barclays House, Gatehouse Way, HP19 8DB Aylesbury, United Kingdom) and sent via GetResponse on 2015-10-05. Report abuse