Whilst we are a little distracted right now waiting for more news from Bitclub network on the site security rebuild, this seems like a good time for me to cast my mind back and then into the future to explain the primary focus for me with this Bitclub opportunity, and it is, ultimately...
BITCOIN!
There are other digital currencies popping up all over the place and some seem interesting and some will be good but none of them really come close to Bitcoin. I have been approached by several people over the last few months to join other opportunities involving digital currencies and I decline them all. I decline because how do you improve on the best? Why would you want to put money into anything except Bitcoin?
There is a school of thought that suggests that Bitcoin cannot ultimately hold the top spot in digital currencies because of its (makes it sound human) determination not to comply with central government and the banking institutions. Talk about missing the point! The whole point of Bitcoin in the first place, its raison d'etre, was to give the people an alternative to the throttling control of the banks and here we are now being offered business opportunities involving Crypto's that want to be regulated by the banks!
(Oops, nearly stepped on a soap box then - phew).
I joined Bitclub Network back in July 2015 for one reason alone and that was to acquire Bitcoin through mining without the need to constantly (annually) renew contracts and I soon realised that it was a good enough opportunity to be introducing the opportunity to others. Of course, I am human (really, I am) and I had all the same reservations about it as a business to share that many others had and have.
Was Bitclub a scam? Was Bitcoin a flash in the pan? What if I bring people in and they all lose their money because it all goes pear-shaped? What of the Governments of the world unite and target the death of Bitcoin?
Well, here we are in December 2016, 17 months later and I can see that these fears are without foundation and Bitcoin and Bitclub just soldier on into the future.
Joining Bitclub has been one of the very best decisions I made. Back then when I was discussing joining, Bitcoin was worth $230 dollars - right now it is worth $777 - check out this article from Coindesk about its value...
Is that it for Bitcoin? It's very unlikely. Every time we all start to think that it has hit its plateau it goes on again to surprise us. I am really beginning to think that $1,000 value is coming and when it gets there this time I think it will stay at $1,000 plus. So, if $1,000 now seems possible, why not $5,000 eventually? Do you think the people that started mining Bitcoin in 2009 ever thought it would grow in value from $0 to $777?
And this adventure has proven to be about so much more than Bitcoin. I joined before knowing a thing about Clubcoin and after I joined I looked at the Clubcoin offer and I must confess to a little "so what". I figured that it might be a nice gift to get but then again, I knew that most Alt Coins or Crypto Currencies were generally worthless. When a Crypto hits 50 cents in value it joins the elite. Let us be clear, Clubcoin is now part of the Elite. Not bad for a giveaway coin.
And here we are with Clubcoin showing real activity levels on the Bittrex exchange and having a value right now of 57 cents a pop. It is moving constantly now between 30 and 60 cents and seems to have arrived at its first real stable resistance point of value. Here's a link to the Bittrex market (please remember the price may have altered by the time you see it)...
So, the additional gift of Clubcoin has, on its own, acquired a value of over $7,900 to me were I to sell it all right now. That alone, of course, means that I have seen a return from my Bitclub investment without taking anything else into account of over 13 times what I originally put in ($599). The fact is though that this represents a mere fraction of the total of my return from this exercise.
There are members I brought into this opportunity who have already sold their Clubcoin and then seen a 100% plus return on their original investment into BCN (I am still holding on to my Clubcoin) and, of course, they are still holding their Bitcoin mining pool shares. More recent joiners are not getting Clubcoin (or they received very small amounts) and come 31st December, the Clubcoin giveaway to members ends completely. Is that it with Bitclub extras? Not at all, read on...
Occasionally I will hear from someone that isn't ecstatic about joining (but that is rare indeed) and, generally, it is because they have misunderstood something or haven't followed what is happening here. The biggest issue people have generally (if they have an issue at all) is the time it takes to earn from the Bitcoin mining.
What they do not get is that the mining goes on and on. It is 1,000 days initially but that is only on the first full share. Every partial share purchased automatically thereafter also has 1,000 days and so it goes on and on and on. It is quite possible that I will still have active mining pool shares 10 years from now form the same original investment of $599!
I say to those that do show concern what I say to all who ask me. If you are unhappy with the business that just keeps on giving, then you are not looking ahead because there is always so much more to come. And yes, because we live in a very fast world, it always seems to be taking ages to get here but it is coming. There was Clubcoin in addition, Ethereum and Z-cash mining pool shares (that also go on and on and on) and of course we have Coinpay.
ClubCoin finishes very soon (in terms of the giveaway) but then we have Coinpay. One way or another Coinpay is coming and it is getting closer. What does Coinpay mean to us? What is it WORTH to us?
That's the big question. For me Coinpay has always been the big thing on the horizon. Coinpay could make millionaires out of some Bitclub members. There is no doubt that it will. All Bitclub members that have a stake in the Bitcoin mining pools will receive shares in Coinpay when it launches. That was the promise made back in July this year at the Kuala Lumpur conference. I was there and heard it directly.
Coinpay could be huge. It is a smartphone based payment app for Bitcoin and ClubCoin. It means that a business or an individual could sign up to Coinpay and immediately can accept Bitcoin and Clubcoin through their phone with zero integration required. This means that any self-employed or otherwise business person can acquire their own Bitcoin payment solution.
Let me lay that out for you. I do not yet know the full rules relating to Coinpay accounts and usage but here's a theory for you. What if anyone who is running any kind of business can take Bitcoin and Clubcoin? What if all you need is to be able to call yourself a business and you can take payment in Bitcoin and Clubcoin and who knows what coin in the future. Wouldn't that be a huge market to go for?
Anyone can simply sign up and get an account with an online, cloud based, payment app. This means that any business in the world can sign up to Coinpay and I understand the fee to sign up is nominal. They will not even need to hold a bitcoin wallet of their own to use the facility (although many will want to I suspect).
It is possible for you, if you have a smartphone yourself, to sign businesses up to Coinpay as you go about your normal day to day affairs. And why would you want to? Well Duh! Because you'll get paid to do so. Not just paid a commission when they sign up (out of the sign up fee) but you will also receive a small percentage of all spend from that business that goes through their Coinpay account from then on.
Now, as with everything in life and finance, this will be small beans on an individual basis but if you become busy with this then imagine getting an income (and sign up commissions) on 100 businesses using it, or how about 1,000 businesses using it. Impossible? Not really. These businesses can be on-line or bricks and mortar businesses.
And then if you were to share the Bitclub business opportunity with others (and I have no idea why so many do not do this) then you will also get to earn a little slice of everything that goes on in your business down-line that you have built. So, if you have 50 guys that you introduced and they all promote Coinpay you will be getting a slice of it all, And, of course, that will be the case if you introduced just one or two people that promote Coinpay.
You would be nuts when talking to small business owners if you didn't also offer them the Bitclub opportunity themselves so that they could also introduce other businesses. Read that again! Who do business people associate with? BUSINESS PEOPLE!
Imagine just getting one guy in who introduces a monster business to Coinpay. Imagine someone pulling in a whale of a business. They are out there, they really are and the old cliché of it isn't who you know but who they know that counts was never more appropriate.
Am I over-egging this? Am I merely day dreaming when I say that this could be colossal? Well, let me tell you something.
When I joined Bitclub back in the summer of 2015 and I started to approach some people about the opportunity, this is a sample of what I was told by some that couldn't really see it.
Bitcoin is a scam. It has had its day and will only now go down in value. (hmm, $777 now). By the way, some still say this.
Bitclub is a scam, they will not even be around in another few months, you are going to lose your money. And some still say this now. (erm, hello, still here, got all my money back about 1 month after joining thank you).
Digital currency isn't even real. (So what have I been spending then?)
You can't use Bitcoin for anything useful so what it the point. (You mean apart from a car, cash withdrawals, supermarket groceries, Christmas presents on Amazon to name but a few and, well, everything).
The list could go on for pages and pages. I get the doubts, I had them myself at the beginning but now, 17 months later, could anyone really argue that Bitclub hasn't proven itself over and over.
And what about after Coinpay? Well, I think I am seeing a pattern here. Bitclub will have something after Coinpay. In fact, I know they will, I have already heard a little about some of the possibilities but I am absolutely forbidden to say a word... |