Is it too late to buy Bitcoin?

Published in “Investors Voice”, September 2017.



Bitcoin has tripled in value this year – kicking off 2017 at $US998 and surging to over $US4000 today. It might be too late to be a “Bitcoin Millionaire” (one of the lucky few who bought it for a few cents five years ago), but the full value of a cryptocurrency investment is far from realised. To understand its long-term value both the Industrial Revolutions and the future of commerce need to be considered.

From the 18th Century we evolved from agricultural, to mechanised industries, arriving in the 1980’s at the IT age. Personal computers, the internet and email were radical ideas. We never thought there’d be an evolution that would bring even greater change.

Then we witnessed the Fourth Industrial Revolution – where IT moved from supporting traditional industries to becoming the industry itself. According to McKinsey Global Institute, “Soaring flows of data and information now generate more economic value than the global goods trade.”


The Industrial Revolutions

Industrial Revs

A digital economy requires a digital currency. But ultimately, what does the creation of cryptocurrency mean? Nathan van den Bosch, CEO of Bitcoin Trader, suggests, “What you’re basically asking is why cryptocurrency’s exist in their blockchain format. Simply, what’s happening at the moment is we are digitising wealth. What that means is, instead of storing value in gold or fiat currency, it’s stored in a blockchain. Instead of having a bank balance and a bank ledger you have a blockchain balance and a blockchain ledger.”

Arie Levy Cohen, Banker and Entrepreneur, (CEO of Blockhaus Tokenised Ecosystems and Singular DTV) states the economic future will exist solely as “distributed, decentralised, tokenised ecosystems.” He asserts, “Paper money; cash, will go away. The connection between identity, cryptographic security and the system of credits and debits will be the future. Participating in the building blocks of something like that is one of those opportunities that doesn’t come every 100 years…this is the ride to be on.”

Van den Bosch recommends participating in each of the areas where blockchain is booming, his three favourites are; “Obviously Bitcoin – the global digital currency, Ethereum supports the Internet of Things and the apps that work with it and Ripple is the cryptocurrency used by banks themselves.”


Top Three Cryptos

BT Cryptos.png


Fifteen of the top fifty banks have already adopted Ripple; members include Westpac, UBS, and even the US Federal Reserve has given it a vote of confidence. Ethereum smart contracts are used globally and supported by Microsoft and JP Morgan. Despite it’s volatility (and recent hard-fork) Bitcoin continues to boom.

The good news is – Ripple is still only 20 cents.

The great news is, Paypal Director Wences Casares, projects Bitcoin will reach $1 million in 5-10 years. That’s when it will be too late.


Bitcoin Price Predictions






Bitcoin Trader is a personalised cryptocurrency brokerage firm catering to individual, corporate, institutional and SMSF clients. The company is incorporated in Australia, with established global partners providing access to high liquidity and multicurrency settlements. Our core focus is on safe, secure and compliant cryptocurrency investment, divestment and portfolio reallocation.

Disclaimer: This content is for informational purposes only. It does not constitute investment or financial advice. Any information, material or commentary is intended to provide general information only. Information contained in this document has been obtained from sources believed to be reliable, but BT Brokerage Services Pty Ltd trading as Bitcoin Trader, makes no representation as to its accuracy or completeness. Before acting on any information contained in this document, each person should consider its appropriateness having regard to their own or their clients’ individual objectives, financial situation and needs. You should obtain independent taxation, financial and legal advice relating to this information and consider it carefully before making any decision or recommendation.


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