1. Bitcoin Passes 8,000
Analyst Predicts Bitcoin Could Be Worth $50,000 Soon
Act Now, Before It’s Too Late
REQUEST YOUR FREE BITCOIN IRA GUIDE
BITCOIN IRAS OFFER MANY BENEFITS, SOME OF WHICH
INCLUDE:
High Return on Investment Potential - An investment in Bitcoin of $100 in 2013
would be worth over $145,800,000 today.
Currency Hedge - Bitcoin alone in today’s market is worth over $70,000,000,000.
Freedom From the Banks - Today's banks are tightly regulated by the government:
Bitcoin gives you control of your own money.
Tax Benefits - Take advantage of the next generation of money with tax-deferred
funds!
2.
BTC: $ 8,419.99
ETH: $ 846.99
LTC: $ 154.40
12 Months Ago
$996.52
Increase of
845%
Today's Price
$ 8,419.99
Pricing powered by: Cryptocompare
CoinIRA is a subsidiary of Goldco. There is no assurance that Bitcoin will achieve its objectives. Return
and principal value will fluctuate and your portfolio, when redeemed, may be worth more or less
than the original cost. Client should make certain that they understand the correlation between risk
and return. Clients should consult an attorney or tax advisor for specific tax or legal advice.
Cryptocurrencies involve risk and are not suitable for all investors.
Business
3. Exploring the Price Gains for
Bitcoin and Ethereum
The enormous cryptocurrency price gains in November and December 2017 have generated massive
public interest in Bitcoin and other digital currencies. This rise has also allowed some early investors
to claim paper profits in the hundreds of millions of dollars. The famous Winklevoss twins from the
Facebook origin story are now reportedly some of the first Bitcoin billionaires.
And the investing community is taking notice, with new futures markets for Bitcoin starting up, a
move which many see as legitimizing the cryptocurrency among the broader investing public.
Hitting $1,000 incremental milestones for Bitcoin is now happening in a matter of hours, with the
price in some cases moving up several thousand dollars in less than an hour. Here are some of the
milestones that have happened to the price of BTC.
In the spring of 2011 Bitcoin reaches parity with the U.S dollar. $1,000 invested at $1.00 would be
worth $17 million at the $17,000 price point.
BTC moves above $1,000 for the first time in November of 2013, but quickly falls.
The cryptocurrency started 2017 at a price less than $1,000.
On December 7, 2017 the currency nearly eclipsed $20,000, after hitting the $10,000 milestone for
the first time on November 28, 2017.
While Ethereum is garnering less attention due to the rise of Bitcoin, it has still enjoyed returns that
outperform nearly any other investment vehicle. The price of one Ether coin in January 2016 was
around $1.00 per coin, and it’s now hovering around $450, so $1,000 invested at that point would
be worth close to $450,000 today. Many in the cryptographic community see tremendous value in
Ethereum’s blockchain, especially its suitability for “smart contracts” and expect the price to
accelerate quickly in the coming years.
When investing in a Bitcoin or Ethereum IRA, it’s important to look past the recent meteoric price
gains and instead see the potential of both cryptocurrencies as attractive long-term investments.